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.
If you don’t like to write, do not sign up for Wealthy Affiliate. The business model that Wealthy Affiliate teaches revolves around producing lots of great content to attract website visitors from search engines. This means, as you build your business, you’ll be writing just about every day, just like I do on this very blog you’re reading. I’ve already written almost 4,000 words in this one post alone, and it’s not even close to being finished yet. Affiliate marketing takes work, and if you are unable or unwilling to write a TON of content, don’t even consider getting into this. Being a writer will end up being your main job.
I appreciate your input on Wealthy Affiliate. I am considering joining but I have a few questions. One, what if I already have domain names and hosting? It seems part of the monthly fee provides hosting so will my fee be reduced? Also, I’m coming from AWOL Academy. I purchased AWOL’s first program to get started and learned a lot but I have been turned off by the very strong sales pitch they use to get you to pay $10,000 to be an elite member. Can you provide a comparison of the value of the educational content between AWOL and WA?
I realize my bias is already showing through, so I’ll get to what I DON’T like about Wealthy Affiliate below. But, as I’ve already stated, overall I don’t know of any other place that is better for new affiliate marketers to get started than Wealthy Affiliate. If you take a look around my site, you’ll notice I’ve spent a TON of time on it. I’ve spent years of my life building this site, and there are currently almost 500 posts here, all for free, for everyone. It is in my best interest to promote only the best training course and that training course is Wealthy Affiliate.
One of the reasons I like Wealthy Affiliate is because it enables me to provide this blog for free to people, but also be able to sell a genuinely high-quality product that I know is always updated and provides a better service than I ever could. Plus, when people sign up using my affiliate link, I can still provide one-on-one coaching and support as a way to add value and as a “thank you” for signing up using my link. Wealthy Affiliate truly is a win-win-win setup.
In the first quarter of 2019, Wix.com spent $55 million in marketing. Typically, the first quarter’s marketing spend is significantly higher than the rest of the year, as the first quarter is when the company acquires the most users and has the most visitors to its site, said Joe Pollaro, general manager of the U.S. for Wix.com, who added that the company spends across various channels online including search engines, social networks, streaming and branding activities. The company declined to break out exactly how it spends its dollars or share percentage allocations, citing competitive advantage. In 2018, Wix.com spent $74 million in marketing, up from 2017’s $70 million, according to Kantar.
The internet changes so fast that one year online equals about five years in the real world. But the principles of how to start and grow a successful online business haven't changed at all. If you're just starting a small business online, stick to this sequence. If you've been online awhile, do a quick review and see if there's a step you're neglecting, or never got around to doing in the first place. You can't go wrong with the basics.
Hello! So this may have already been answered/asked and I missed it. If so, sorry! Do you have to purchase the products you are selling before the demand is there? For example, I start my website and all for sports gear. I have no product or customers yet. In order to get started, I have to buy 200+ items of sportswear to stock and supply my web business and then try to sell those items.
Instead, you’ll be following a proven strategy for maximizing views of multiple videos on a regular basis. You’ll be creating useful content—something engaging that people want to watch. And it works in many, many different niches. It could be a how-to video or a talking-head video on a topic of interest for people in your niche—the sky is the limit.
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.
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.
Path #2: To leverage on a business that is already setup, just like MOBE. These programs offer you a license to promote their products when you buy them, and you can potentially earn a lot of money when someone signs up through your affiliate link. To make money with them, you’ll only need to drive high quality traffic to their business, and the business will take care of everything. Problem is, as a beginner, you will not know how to attract the right traffic, and that’s where most people fail (because they don’t have the fundamental knowledge about Internet Marketing). That is why I always recommend to start from Path #1, because you will learn the entire game of Internet Marketing from ground up.