Thanks for the informative article! I’m just wondering since I signed up for some course in the past but they required more time time investment than I expected. As I have some other personals goals so I’m just wondering as you said it takes few weeks to get things up and running, but getting commission is different story. So what is required after having website done to get commission? and How long would that take? and how much time does it take to for regular maintenance? Thanks so much!
When one of your customers makes a purchase, you purchase the product from a third-party company (the drop shipper, usually a manufacturer or wholesaler) for a lower price. This process is as simple as forwarding the order from your customer, a process that can actually be completely automated. (Remember you don't have any risk here of buying inventory because the sale has already been made).
Affilorama – While I promoted Affilorama in the past, I no longer do for many reasons. It has simply become too outdated. Affilorama also lacks in some of the training. Instead, they focus on helping you get started quickly by designing a site for you and seeding it with content. Some of the optional training courses they sell are quite expensive and compares to an entire annual membership at Wealthy Affiliate, so that’s why I no longer promote them. Again, they are worth checking out, but I think Wealthy Affiliate is a much better buy.
You also should not join Wealthy Affiliate if you don’t enjoy the community / social aspect of it. A huge part of Wealthy Affiliate is the ability to communicate with other members. It’s a “help and be helped” community. If you have no interest in setting up your profile, asking questions, supporting others, chatting in the live chat sessions, or doing any sort of participation, you will not get the full benefit of the service.
Larger enterprises can hire an agency or full-time staff member to run their social media accounts, but small businesses often have to handle their own social media marketing. With so many responsibilities, business owners are often too busy, overwhelmed or undereducated about the importance of a social media presence to spend time developing and implementing a great social media strategy. As a social media consultant, you can help small businesses determine the best tactics, posting schedules and content for their target audience. As their follower count grows, so will your business.
As a free trial member, if you wish to promote Wealthy Affiliate, you will get a commission that is 50% lesser than premium members. For example, free trial members earn $4 and premium members earn $8 on the first month subscription, $11.75/mth of commission for recurring payments for free trial members and $23.50/mth for premium members. I hope this clarifies.
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.