Affiliate marketing has grown quickly since its inception. The e-commerce website, viewed as a marketing toy in the early days of the Internet, became an integrated part of the overall business plan and in some cases grew to a bigger business than the existing offline business. According to one report, the total sales amount generated through affiliate networks in 2006 was £2.16 billion in the United Kingdom alone. The estimates were £1.35 billion in sales in 2005. MarketingSherpa's research team estimated that, in 2006, affiliates worldwide earned US$6.5 billion in bounty and commissions from a variety of sources in retail, personal finance, gaming and gambling, travel, telecom, education, publishing, and forms of lead generation other than contextual advertising programs.
Just take amazon as an example. In order to earn money from Amazon, you have to sign up as a partner with them. Once you have signed up, you will be given a unique affiliate link. You can promote this link by placing it in your own website, etc. When people clicks on that link, and purchase something, you make a commission from the successful sale. You do not need to handle the transaction nor are you selling stuff. You are connecting potential buyers to retailers.
It is unfortunate to hear you weren’t able to make money online. Unfortunately I do not what kind of effort you put in and how you approached your own business so I can’t comment on the reasons why. I for a fact made more money online in my very first year than I made working a full time office job here in Canada. As you mentioned, creating a successful online business does take a LOT of work and time as well. If it was easy we’d all be rich. Building a business is a long term process and should be seen as such.
However, I know what you are referring to. You found the information about Amazon Sellers. If you want to sell your OWN product on Amazon you will have to pay $40/month (25 pounds?) as a vendor but that’s a totally different business and that’s not what Wealthy Affiliate teaches you. How I know the difference? I have been an amazon associate since 2008 and Amazon Seller since 2015.
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.
I would also like to see a forum built into the platform. Wealthy Affiliate has a unique way of building a community and I understand why they shy away from a standard forum type of format. Instead, they want to promote live chat sessions, blog posts, private messaging, and public questions where people can comment below. This type of setup is pretty cool at times, but I also do enjoy forums where I can just browse by topic.
I think you have some really ambitious goals and I know that you can reach these goals with lots of hard work and dedication. Since you are already with a marketing company and have 5 or 6 mini websites then this will give you a headstart above everyone else. The training at Wealthy Affiliate will walk you through the process of how to generate traffic and how to convert it into sales.
Hi,I have been contemplating joining WA for a while now. My life circumstances have changed recently. I want and need to begin an at home business, and I think WA will help me get there. I just signed up for the premium membership and am very excited to begin. But thats the $64000 question…Where to begin? Thank you for this review site info. It was very helpful to help me decide take the plunge. 🙂
Your success depends on multiple variables James, like how much knowledge or have (or don’t have currently), how much work you put into developing your business, how consistent you are, how long it takes for you to learn the process and how you put the process to work. Some folks can start earning money in as little as a few weeks, some months and others several months. It really just depends on the individual and how motivated and committed they are.
Scott, I’m right there with you. Wealthy Affiliate is a great company if you want to work hard. And NO you WILL NOT get rich quickly. It is a process. And you HAVE to like to write because you generate the content for the site yourself. So if you are not interested in writing, then Wealthy Affiliate is NOT for you. One of the biggest things that I like is that you don’t have to pay a cent to start making money. Yes, they do offer a premium option and it is better in the long run, but you will have no problem making money with the free account.
If you want to succeed in your own online business then you won’t want to give up in 7 days and you will want to continue building your online presence out. I would suggest that you open your free account using the signup link above. I will be sending you my personal welcome greeting within 60 minutes of you joining. I will also be there to help you out whenever you have questions or something doesn’t make any sense to you.
You should see a screen that says something like “I’m sorry but our starter membership isn’t currently available in your country, but we would love to have you as a premium member”. Do you see anything like that on your sign up page? If you could tell me what’s preventing you from signing up I could help you solve the problem and get you signed up.
There are a few different payment options that Wealthy Affiliate will accept. These include Paypal as being the safest and most popular one. If you don’t have a Paypal account you can sign up for one for free by going to Paypal.com. Besides taking regular Visa or Master cards you could also do an e-check from your bank and pay for your WA subscription that way. How Long Does It Take To Make Money With Wealthy Affiliate