The basic idea behind an online drop shipping business is that, as a small business owner, you don’t have to maintain a large inventory (or any inventory whatsoever) of products or handle any delivery to your customers. That eliminates the financial cost and risk of having a warehouse full of stuff you might not sell, and the hassle of arranging to send orders all over the country or the world. In fact, you don't have to manufacture or store any products at all.
Hi Jack, I’m thinking of joining WA but I don’t want to do anything but promote WA afffiliate website and how much will that cost me? How can I make money with that and what is the compensation plan just by doing the WA affiliate? I don’t want to find a niche and build my own website. I’m not a writer so I don’t want to do this kind of marketing where you write blogs and articles. Will I still be able to make money with WA with less to do?
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.
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.
Thanks for all the information on WA Jack!! I really appreciate it! I am currently in Fourpercent but they keep wanting more money for upgrades if you will! If I had that kind of money I would not be looking to make a lot of money on line!! Now all I have to do is find out how to get out of it !! Any ideas? It is through Clickbank. Thanks and best regards,
Want to know a little secret about this site? When I first started this site, I only planned on monetizing by selling my OWN affiliate marketer training course. About halfway through creating my course, I realized that I would never be able to provide the type of quality product I intended. Even if I could, it would become outdated so fast that in just a couple years, I wouldn’t be able to sell it anymore.
The company increased its focus on LinkedIn after running some initial tests with positive results, per Shai, but the company did not share what those results look like. Wix.com uses an internal metric, TROI or “time to return on marketing investment, with the aim of recouping its marketing dollars within seven to nine months after spending them through premium Wix.com subscriptions. As of March 2019, according to TROI via a company powerpoint, Wix.com had recouped $27 million of the $55 million it spent on marketing in the first quarter of this year.
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.