How to Make Money with Wealthy Affiliate

What Is Affiliate Marketing?

Simply speaking, affiliate marketing involves building and maintaining a relationship between three parties: the merchant, the customer, and the affiliate marketer. As the name suggests, the merchant seeks to sell their products and services to the customer who is willing to purchase the same. In this equation, the affiliate marketer acts as a middleman by providing details regarding the product or services to the customer and increasing traffic to the merchant’s website.

When the customer is finally ready to purchase, affiliate marketers introduce the two parties to streamline the process. While these marketers make money from every purchase, they also earn a commission for increasing exposure and driving sales. However, you must time every purchase and relationship-building with buying cycles and triggers.

What Is Wealthy Affiliate? 

Known for its popularity (and sometimes controversies), Wealthy Affiliate is a one-stop platform for the best affiliate marketing training and community support, which helps you make money online. The Wealthy Affiliate community is 1.4+ million strong, and the Wealthy Affiliate training is geared toward training marketers to create profitable businesses.

Moreover, they equip the affiliate marketers with various online marketing tools via a training program, which provides access to website-building, campaigns, coaching, etc.

If you’re a premium member of a Wealthy Affiliate, you’ll basically have access to all the tools required to earn money through affiliate marketing. They are:

• Training on how to build a website
• Affiliate programs in particular niches
• Training on how to create paid or unpaid traffic through social media and search engines
• Helpful training modules to kickstart your income online
• Active community support

Wealthy Affiliate was created by Kyle Loudon and Caron Lim with the goal of helping people achieve financial independence by making money via affiliate marketing. But this doesn’t happen overnight – if you’re looking to make dollars every day, then consider other options.

However, if you want to build a successful online business that requires steady patience and commitment, Wealthy Affiliate might help. They’ll offer affiliate training that includes learning about keyword research, social medium, web hosting, affiliate links, etc., to increase your chances of making money online.

Remember, building an online business requires a high level of commitment – you must spend at least a couple of hours per day for three to six months. While you’re at it, follow the training closely and gain knowledge about the niche of your preference. 

How To Make Money With Wealthy Affiliate?

In simple terms, Wealthy Affiliate helps you build a website, promote Wealthy Affiliate products, and make money through commissions on every sale. These products are usually based on the niche of your expertise, and the best-selling ones are:

• Products that help people build online businesses
• Products for creating a user-friendly and efficient website
• Products that help train people to use SEO

But choosing your products and niche totally depends on your efficiency in choosing optimal ways to make money. And Wealthy Affiliate’s training program will equip you with enough knowledge to choose one. Here’s what the training usually entails:

I. Affiliate Bootcamp

This program claims to teach the affiliate marketer how to create a website, specifically promoting Wealthy Affiliate.

II. Online Entrepreneurship Certificate 

Teaches people how to create an affiliate website in a non-MMO niche, such as web hosting, dog training, pool building, etc. 

How Does Wealthy Affiliate Work?

Start building a website based on the learnings when you’re done with the training modules at your own pace. You can simply follow their tutorials and built-in website builder. This website will then start making money online by driving traffic with the SEO techniques you’ve used while writing content in it. 

Moreover, we recommend keyword research and low-competition words while writing the content, especially when starting. The main goal of making money online will be greatly facilitated by driving free traffic and getting maximum conversions. You can also use YouTube and Google paid ads and email opt-in links to diversify your traffic streams and create a genuine clientele.

Another way to boost traffic is by purchasing the same through PPC campaigns via BingAds, but you’ll need to invest more in this case, so it’s not mandatory. Setting up the pay-per-click ad option is very popular, and if you decide to use these, there are enough training resources on the Wealthy Affiliate platform. 

And as your website gradually gains exposure and matures, it will get indexed by Google, after which you can view the website ranking. From this juncture, your sole goal is to improve its rank via increased clicks and traffic.

How Much Does Wealthy Affiliate’s Membership Cost?

This affiliate marketing platform costs you $0 (free membership) to $49 per month (premium), but you’ll have to pay only $19 in the first month. Or it’ll charge you $359 if you wish to pay yearly.

Like any other affiliate platform, Wealthy Affiliate also has a free membership program for people who want to test it out before paying. This free trial includes the following:

• Basic access to training
• Access to Wealthy Affiliate community for seven days
• 30 free searches on the keyword research tool
• One basic site template
• Access to the affiliate program

If you decide to upgrade to a premium account, you’ll have unlimited access to various helpful training and building tools. They are:

• Unlimited community access
• All training programs and campaigns
• Over 50 websites
• Direct messaging
• Two times more affiliate payout – so you’ll make more money
• Access to industry experts and coaches who’ll provide consistent feedback on your website

The free membership plan lets you get a taste of what Wealth Affiliate is and how it can help you make money. It also helps familiarize yourself with concepts such as keyword research, website ranking, indexing, etc. And the training available on the free plan is fairly up-to-date, so you’ll earn some decent stuff from them. However, it’s not enough to be making money online.

Moreover, the free website available on this plan is not even usable most of the time since it is a SiteRubix domain. While one can start with this, your website won’t bring any profit unless you upgrade to the premium membership.

How Much Money Can Premium Members Make With Its Affiliate Programs?

Commissions from lifetime sales can earn you up to $121 on average – and this works by simply referring another person to the website. This is what makes it so popular among affiliate marketers. By simply referring, you can earn “residual commissions,” meaning you’ll get paid as long as the referral pays their monthly subscription fees.

For example, if the person you’ve referred to Wealthy Affiliate upgrades to the premium plan, you’ll get a portion of that sales as well. So, if they stay on Wealthy Affiliate as a premium member for a full year, you’ll make a lump sum. And you’ll get a commission if they renew their plan for the next year.

Making Money With Wealthy Affiliate: Pros and Cons

Pros

• Accessible keyword research tools for better website traffic
• A basic tutorial for affiliate marketing
• Includes web hosting services
• A well-knit community of marketers helping each other

Cons

• Training programs have not been updated since 2013
• Mostly theoretical
• Not user-friendly and can incur various spam
• Controversial regarding its legality

Final Thoughts

While Wealthy Affiliate was quite popular in the affiliate marketing world at one point, it isn’t very future-proof since many things have changed since 2013. They’re quite affordable, and you can definitely join the platform to get the hang of this marketing procedure, but there’s no guarantee you’ll make good money.

Of course, there are some success stories surrounding Wealthy Affiliate, but often they entail way more than just joining the platform. Moreover, this platform uses a multi-level marketing (MLM) scheme, which entices users to bring in more users, thus creating a vicious cycle.

As we’ve already mentioned, if you wish to simply learn the basics of affiliate marketing, then this site is good enough. Otherwise, we recommend going for other websites to build a successful business. 

We’ll be signing off for now. See you next time!