Unfortunately, I am not acquainted with Indian Tax law, so I am not able to advice you on this. But, I would presume that if you earn income from affiliate marketing, your profit from the business will be tax under your personal income. That is unless you create a company to run the operation, then it will be subject to corporate tax, and the dividends receive from the company will be subject to your local personal tax.
Hello Jack. I trust all is well with you. Please help me with a question I have. I would like to join wealthy affiliate after reading about your experiences with said company. I am new and know nothing about this business venture. I think, if I am correct being an affiliate is you are selling something on-line to the on-line public. And then you receive a commission for your sale. What I would like to know is after joining WA and studying their programs, you are set up and ready to go, where do you go to find products to promote and sell? And how do you know what products to promote? Is it like guessing , such as I think this product sounds like it ought to sell well and so on… please answer this one question. T hanks Jack. Have a good day I reside in Vancouver, British Columbia CANADA.
Basically, anyone who is looking to make money fast should stay away from Wealthy Affiliate. There are plenty of “make money fast” e-books and courses out there, and they are all a scam (trust me). While Wealthy Affiliate is legit, they will absolutely never claim that they teach you how to make money fast. Building a legitimate online business takes time.
Wealthy Affiliate is also an excellent place for those who want to have everything they will need in one place. From market research tools to web building tools to domain registration, website hosting, website backups, site security, and much more, it’s all in one place. AND all of those tools come with complete step-by-step training videos as well as a support community that can help you if you’re having trouble. If you don’t want to pay 10 different companies for 10 different services you’ll need to run your business, sign up with Wealthy Affiliate to get it all in one place. Wealthy Affiliate literally provides absolutely everything you’ll need to succeed with your online business.
One way to stand out from the competition with a drop shipping business is to private label your products. This simply means you put your own label/brand on the products that the manufacturer is creating. That way you're not selling the same product brand and just competing on price; rather you can use your own brand and face less competition. Think about when you're looking at medicine at the pharmacy; the brand names sell for higher prices and people think they are different from the generic brands even though the ingredients are exactly the same.
One of the most important internet marketing strategies is to develop every customer's lifetime value. At least 36 percent of people who have purchased from you once will buy from you again if you follow up with them. Closing that first sale is by far the most difficult part -- not to mention the most expensive. So use back-end selling and upselling to get them to buy again:
Basically, Wealthy Affiliate teaches you to become a successful Affiliate Marketer. You will learn how to promote other people’s product as well as learn how to promote Wealthy Affiliate if you want to. In Wealthy Affiliate, you really get tonnes of information and knowledge that will bring you from being a novice to an advance marketer. If you follow its step-by-step training and do exactly what you are recommended to do, you will see results very soon.
If you have the expertise or a passion or interest for a subject, you're ready to start making money with a blog. With a service like Blogger (www.blogger.com), you can start up your blog totally free. You can also create your own site and secure your own hosting for a low price, which is generally the route I recommend, as many free blogging sites have restrictions on what you can say or do, including making money or advertising.