Basically, this type of marketing involves affiliates who will sell other companies’ products by promoting them on their own website. Then, these affiliates will get a percentage of the earnings of the products sold.
Nowadays, people are becoming more and more engaged in the online world. The internet is not just for fun and games anymore. An increasing number of people turn to the Internet to make a living. One way to do that is through affiliate marketing.
Basically, this type of marketing involves affiliates who will sell other companies’ products by promoting them on their own website. Then, these affiliates will get a percentage of the earnings of the products sold.
It sounds simple at a glance, but it’s quite complicated. But don't worry because some companies help people start their affiliate marketing journey, such as Wealthy Affiliate.
This company has already made quite a reputation in the field of affiliate marketing, but it is not immune to drawbacks. You might be wondering as to what these are. So, stick around to find out if this platform will be beneficial for you or not.
Known as the largest and one of the most prominent affiliate marketing platforms or communities worldwide, Wealthy Affiliate started way back on September 10, 2005, by Kyle Loudon and Carson Lim. This vast community prides itself on helping people create money online and improve their website/business through training and courses.
When founders Kyle and Carson started, they were merely broke students who wanted to change their financial situation. Then, they turned to the internet and learned how to make money online. Before you know it, they began earning thousands of dollars through affiliate commissions.
Their goal was to help other people build a strong online presence through affiliate marketing and consequently earn money as they did. Kyle stated that Wealthy Affiliate offers a complete package for affiliate marketing, including tools, classes, website builders, mentors, networking, and more.
Over the years, Wealthy Affiliate has gathered numerous members and is now a community of about 1.5 million members from 195 countries. Despite its size and prestige, it is not perfect; hence, it is met with mixed reviews from different people.
When you decide to subscribe to Wealthy Affiliate, first, you will choose what plan to take. They offer a Starter Plan, a Premium Plan, and a Premium Plus Plan.
The Starter Plan is the best choice if you are a beginner just learning about the basics of affiliate marketing. It gives you seven days of community access, two websites, 30 free searches from their keyword tool, and access to WA’s affiliate program. Furthermore, their training is usually simple and is not guaranteed to be updated; you’ll still be acquainted with affiliate marketing.
On the other hand, their Premium Plan (as well as Premium Plus) is more extensive and detailed. They provide community access, direct messaging, website feedback, coaching, 50 websites, and you can earn up to two times higher affiliate payout.
Within their plans are various offerings that Wealthy Affiliate provides to their students. One example is their website builder, like SiteRubix, which provides a hassle-free way to make websites, thanks to their 3,000+ templates.
Another service they’re proud of is education, which comprises classes, step-by-step training courses, and more that help entrepreneurs improve their marketing and widen their brand. Their tools, like SiteContent, are also another way to improve productivity through high-quality writing and using the right keywords for SEO optimization.
The Starter Plan is free, which is why it’s perfect for beginners or those who want to check out Wealthy Affiliate. The Premium Plan costs $19 for the first month and $49 for the succeeding months, whereas the Premium Plus costs $49 for the first month and $99 for the following months.
If you want to save money, you can pay for your plan for a year in advance for only $495 for Premium and $995 for Premium Plus.
Given that the subscription is a bit pricey, some people might not want to go through the plans. Luckily, there are ways to save money when becoming a member. You can avail a 61% discount if you upgrade from Starter Plan to Premium Plan within the 7-day access. And every year during Black Friday, they also offer a 45% off promo of their Premium and Premium Plus plans.
It is also worth noting that refunds are not available in Wealthy Affiliate.
There’s a reason why Wealthy Affiliate is the largest affiliate marketing platform; that is because of its many services that cater to the needs of aspiring online business owners. With an incredible range of tools, experts, techniques, and more, one can succeed in their endeavors.
However, success demands a two-way effort. Even with Wealthy Affiliate's services, one will not reach their desired outcome if they don’t do their part. The thing about affiliate marketing is that you have to be consistent in making your website and connections grow; otherwise, you will be stuck, and you will have wasted your time and money.
Wealthy Affiliate is especially beneficial for beginners because it makes it easier for them to start creating their website and making it grow. They teach about the ins and outs of affiliate marketing, taking advantage of connections, and seeking opportunities online.
Once you start with Wealthy Affiliate, you must manage your expectations and create discipline. These are crucial ingredients to obtain success along with the offerings of Wealthy Affiliate. Remember that getting money online is not a walk in the park. You must work for it, invest time and effort, and be smart about your decisions.
If you are serious about your journey in affiliate marketing, Wealthy Affiliate is a huge help. But because their services are so extensive, you might need help with where to start.
Some people tend to quit during their subscription because they’re confused about what to do. But if you are patient enough and have some initiative in consistently learning about the field of affiliate marketing, you will surely achieve success.
There are many advantages to affiliate marketing. First, you get to expand your website and learn many valuable lessons. But the bottom line is that you earn money while you help promote other people’s products.
You need more than just what Wealthy Affiliate will teach you. Stocking knowledge in the brain and not applying it is one way to fail. Here are some ways you can reap the benefits from your learnings from Wealthy Affiliate:
Using the knowledge that Wealthy Affiliate imparts to you, you can grab opportunities and make partnerships with other websites by promoting their products. Your cut of the profit will depend on your arrangements with different businesses.
Aside from that, you can also earn money by being an affiliate of Wealthy Affiliate itself. This means you will earn commissions when you promote Wealthy Affiliate to other people and they decide to subscribe. This program is one of the reasons why Wealthy Affiliate is a lucrative platform.
The minimum you can earn as WA’s affiliate is $8 for the first-month referral of the Premium Plan subscribers. The succeeding months will make you $23.50 if the referrals remain members.
Even if you only subscribe to the Starter Plan, you can still have $4 for every special referral. If the referrals become consistent every month, your commission will rise to $11.75, and if they keep going for a year, you’ll get a whopping $87.50 commission.
These are only examples of earning money by being a WA affiliate. Depending on the plan type and whether the subscribers are recurring or not, your commissions can increase.
According to Trustpilot, Wealthy Affiliate has 4.9 out of 5 stars based on 576 reviews. This almost perfect rating may be enough to entice people into subscribing to Wealthy Affiliate. Let’s take a look at what some people in Trustpilot have to say about how Wealthy Affiliate helped them in one way or another:
While it is true that Wealthy Affiliate offers decent tools, training and more, it seems that some people grow exhausted the longer they stay with the platform.
This is not to say that people don’t like Wealthy Affiliates. A lot of people appreciate their way of teaching as well as their resources. But, if you plan to sign up for them, you should also pay attention to people’s complaints.
People have a lot to say about Wealthy Affiliates, but the most common complaints that they get are the following:
With mixed reviews from different people about Wealthy Affiliate, it can be challenging to decide whether WA is a good investment. Here is a summary of their advantages and disadvantages to help you evaluate the platform.
Despite some accusations that Wealthy Affiliate is a pyramid scheme or a multi-level marketing (MLM) company, Wealthy Affiliate is NOT a scam. Perhaps some people label them as such because they have had bad experiences with the company or feel they are being trained to promote WA only. Wealthy Affiliate has imperfections, but it’s important to remember that they also uphold their mission and provide services.
It depends on how much you want to improve your affiliate marketing skills and how many companies you work with. Regarding the Wealthy Affiliate program, commissions also vary on the type of plans and number of referrals.
Once you have decided on your niche or interest, you can subscribe to whatever plan you like. Then, Wealthy Affiliate will help you create your website using their tools. You can build your online presence from there by consistently learning and utilizing their many offerings. You can then employ various ways to make money.
Many people argue that Wealthy Affiliate is only geared toward beginners. In my opinion, that’s true; Wealthy Affiliate is perfect for people who want to start an online business and make a living online and have zero experience. If you read my story, I joined WA with no experience and now I earn over 40k a month from affiliate commissions!
The internet is certainly a sea of things that are good, bad, and somewhere in between. It’s only a matter of researching deeply so you’ll know that what you’re getting into is safe, and you’ll avoid getting scammed.
When you come across Wealthy Affiliate, know that it is a legitimate company. But just because it’s legitimate doesn’t mean it’s without flaws. This affiliate marketing platform offers everything you need to start your affiliate marketing journey, but the deal breaker could be in the quality of their services.
There are some things they excel at but they also still have a lot of room for improvement. If you’re getting into affiliate marketing, you must also do your part in making your website grow; don’t expect that Wealthy Affiliate will spoon-feed everything to you.
Overall, Wealthy Affiliate is a solid platform that’s been around for many years and has already helped a lot of people start their websites, earn money, and achieve success. But if you want to dig deeper into the world of affiliate marketing, you can consider more advanced platforms and find other means to build your online empire.
Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.