Yes, it costs money, but starting any business takes an investment. The key is to invest wisely, be frugal, and make sure you’re investing in the right things. With Wealthy Affiliate Premium you are literally getting absolutely everything you’ll need to start a successful business online. From the training to the web building tools to the website hosting, backup, security, and support – it’s all there in one place at a very reasonable price.
Often times Affiliate Marketing is Over-Hyped: You’ll see a lot of testimonials promising spectacular results with affiliate marketing, such as “person X made $60,000 in just 30 days as a brand new affiliate” & there’s many similar messaging like this that unfortunately give affiliate marketing the wrong perception, that its some sort of get rich quick scheme, which it is far from. This kind of insanely fast results most likely came from a successful Facebook ad or other successful paid aid. Sometimes due to multitude of factors an ad can just take off and generate high revenues for short period & then burn out. The difficulty is being able to sustain those kind of numbers consistently. FB for one doesn’t like most affilaite offers to be promoted, so eventually your FB ad account will get banned or your ad will burn through its audience and stop working. I know this because I’ve been there done that. Those massive pay days are fun but the real challenge is can you sustain it?
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.
There are seemingly thousands of different ways to build a website now. Wix is one of the best-known brands in the website builder product type. They’ve been around for quite a while (circa 2006), and have built a large word-of-mouth brand. I recently had a small project, and a reason to try out several drag and drop website builders. I gave Wix a try to see how they fit. Here are my 6 pros and 6 cons and full Wix review.
Warrior Forum WSO’s – This is the only option on the list I will actually tell you to stay away from. Warrior Forum WSO’s are almost always a rip-off and no amount of them will adequately teach you how to truly build a real online business. This forum community is owned by Freelancer.com and they will allow just about anyone to sell just about anything. The majority of them are very cheap, but once you give them your email address, get ready to be spammed. They also almost always include “upsells” where the initial product may only cost a few bucks, but all the other products they sell you within the first product costs substantially more. I could write all day about why you should never purchase a Warrior Forum WSO, but if you want to learn more, you can read my article about Warrior Forum WSO’s here.
There are plenty of Wix complaints around the Internet. Some are justified and some aren’t – but all are anecdotal. Keep in mind that the big picture tradeoff for their convenience is lack of total control and advanced features. That’s not necessarily a Wix thing as much as it is a website builder thing. But within that context – here’s some individual considerations I’d look at when deciding if Wix is a good fit for you.
If you add up all the services you get, the premium membership is a steal. For example, you’ll notice they include unlimited keyword research with a membership. Other paid keyword research tools sell for $49 or more just by themselves. Add in website hosting, and there’s another $10 / mo. Add on the website security package, and there’s another $10 per month (I’ve paid as much as $29 / mo just for website security). Just based on those things alone, Wealthy Affiliate is a great deal with all of the resources and tools you need in one convenient place. Not to mention all of the training, tutorials, and support that is included with the membership.
And I’m not the only one. More people than ever are succeeding with Wealthy Affiliate. Most people who join don’t even promote Wealthy Affiliate at all. Instead, Wealthy Affiliate teaches you how to promote any number of products or services across the web in just about any niche. If you do want to promote Wealthy Affiliate, by all means, it’s a great affiliate program that can easily earn you a full-time living! Here’s the last paycheck I received from Wealthy Affiliate. The amount is actually higher than what is posted in the chart above due to some yearly subscriptions and a few other things that I got paid extra for.
Web Hosting Package - Having a website is necessary if you want to earn money online. Those who tell you that you don't need a site are either lying to you, or they are living in the past. Getting a website up and running (domain name and web host - see definition) requires extra cost (web hosting service typically cost $5 to $20 or more per month). As a premium member, you can host up to 20 domain names without paying an additional fee.
Wealthy Affiliate is a training program that teaches you how to do affiliate marketing. Affiliate marketing is an avenue where people can earn money promoting other people’s products or services. This is the best place for any beginner to learn because they have a conducive step by step training that will bring you through every step of your journey.
Finally, if you’re only planning on “dipping your toes in the water” to see what affiliate marketing is all about, do not sign up for the premium membership. The free membership is more than enough for you to see what it’s all about. Premium membership should be reserved for those who are actually serious about building a real business for themselves. If you aren’t in this for the long-haul, there is no reason to waste your money.
Of course you can say, well just compete. That’s the essence or free enterprise. But then, realistically, what are the chances of still succeeding in this WA promotion niche? There are already a lot of veterans way, way ahead — like YOU. For a newbie appreciating how excellently you have developed your promotion site, it looks like a very tall order to come up with something better and competitive. And mind you, you are not the only excellent site around promoting WA.
To get your e-commerce business up and running, all you need is a web hosting service with an integrated shopping cart feature or e-commerce software. To simplify the shipping process, you can work with vendors to ship products to customers on your behalf. This can reduce the amount of inventory you need to keep onsite. [Related: A Small Business Guide to E-Commerce Shipping]
REASON 2. Unmatched Support. The Wealthy Affiliate community provides access to a live online marketing Encyclopedia culminated by 1 million + members. You can also interact with members via 24/7 live chat feature, private message members, and even contact owners Kyle and Carson directly. No other program on the market offers this much support, which makes it great even for beginners.
So are you saying in a nutshell that I’m not going to make money from my Niche under WA. I need to know before I pay for a year. I’m using my income tax and it’s not a lot. I’m doing this because I don’t want monthly payments. But if you are saying that I won’t make money off my Niche then to me all this training won’t be worth it. And I’m canceling. I need to know please before I invest in something that really doesn’t work. Plus I see daily these guys are making money just off $19.00. They killin it. When I really started paying attention to the people signed up it’s making rethink. Plus I have a Niche that I can’t do anything with because it’s locked up with WA. I’m feeling frustrated and about to go get a 2nd again. I’m new at this stuff and to old to be working 2 jobs again.
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.
Technically, it works. And technically, it is “easy” – you don’t have to grab an embed code from Etsy and paste it in. You don’t have to really do much to make installation happen. However, Wix’s solution is still not ideal. Ideally, you’d have an app that was easy to install and fully integrated into your site. You’d have apps that don’t mess with your website analytics and don’t present accessibility issues like they do via Wix’s iFrame solution.
Hello Jack, so the only other stuff we pay for is the tools needed like autoresponders and stuff to design your website, programmes that help you write a blog etc (although I understand there are some free ones). I had signed up to another company and really enjoying it but I had to keep on putting more money in if I wanted to progress, it wasn’t that cheap either! Thank you
And finally, I find that it is almost too easy to communicate with people! I love helping people and meeting new people in the industry, but as a successful affiliate marketer, I do get bombarded with so many questions from people I don’t even know. For that reason, I try to keep my responses prioritized by always responding to those who I referred through my affiliate link. Heck, they helped me earn a few bucks, so why shouldn’t they get priority? While this system works, I do sometimes feel bad at my super late response times for many of those trying to get some help.
There's an audience for everything, even if it's as specific as dollhouse furniture or organic dog food. With a niche e-commerce store, you can reach customers who seek your specific products. Building a business in a niche market can help you differentiate yourself from other brands and build your credibility and expertise. Look to social media or your own consumer needs to come up with a product to sell online.