Highly competitive: If you can’t generate traffic, you don’t make any sales. This is the biggest challenge. When everyone can sign up for these affiliate offers for free (very low barrier for entry), now you have a situation where there is a boatload of competition for most affiliate opportunity out there. Unless you use paid traffic, most people get traffic from building a website and ranking it in Google, which is what Wealthy Affiliate teaches, but the problem is there’s only 10 spots on the first page of Google. & you have to compete for those spots with thousands of affiliates around the world.
In moving to mediums where its content — with paid dollars behind posts promoting an e-book for agencies, its agency partner program and a demonstration of how to build a website on its platform — will be more impactful, the company is hoping that its ads will be more relevant to its audience than a 30-second spot on YouTube. As of June 2019, registered users were up year over year to 148 million at the end of the first quarter with premium subscriptions up 21% year over year to 4.2 million.
If you do decide to promote Wealthy Affiliate, there are additional perks. For example, anyone who sells 299 subscriptions from January to December gets invited to the Wealthy Affiliate Super Affiliate Conference. There is no way to get into this conference unless you make 299 sales. Absolutely everything is paid for from the flight to the hotel room to entertainment and AMAZING food. Here’s a quick video I made showing some of the highlights.
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.
In terms of affiliate marketing, you can definitely leverage it. But, it really depends on your niche, does the chip design niche has any affiliate programs? This is something you need to research on. But, if you are saying to promote Wealthy Affiliate on your technical blog, then maybe it is not such a good idea because they are not relevant to each other.
When I first started, it took me 2 hours during weekdays and 4 hours or more during weekends, and this schedule lasted for about 4 to 5 months. (That is till I got my first commission) Then now it is about 1 hour every weekday and 2 hours during weekends. Of course, I will work more if I have the time because I am passionate about my online business.
Basically, you pick a profitable niche for your online business, and then you find an affiliate partner who has products available in that niche. Some of the most popular affiliate sites are Clickbank.com, Amazon.com, and CJ Affiliate by Conversant (formerly Commission Junction). Between them, they offer just about any digital information product (like ebooks, audio files, video files) or physical product you can think of. May big name companies and brands, like Wal-Mart, Home Depot, etc. run their affiliate programs through these third-party affiliate sites.
Hi Jack! Just wondering if you can advise abit about the process about the course. While I understand there is alot of online process, technique and marketing that goes into an online business, my biggest issue is I just have no clue on what to run! I don’tk now my niche? I love investing – shares, equities, everything, but I am by far not a guru that I can setup a coaching style online business like those ‘rich dudes’ you see selling training courses online whiel worknig on their laptop in bali.