What is Wealthy Affiliate

What is Wealthy Affiliate?

Wealthy Affiliate, or WA, is a program that teaches you to make money. It is not a “get-rich-overnight” scheme/scam. When you sign up for a free account, there is a lot of material that you immediately have access to. From the very beginning, you will be able to access the following:

  • Online Classroom: you will start on level 1, which will begin your path to owning your online business. In each section, you will find a video from Kyle (one of the founders) and will be given some tasks to complete. The focus of these videos/tasks is to help find your niche, create a WordPress website, and your first few pages of web content. The great thing about it is, they walk you through step-by-step so you will be able to process the info at your own pace.
  • Live Chat: for the first 7 days that you are a member of WA, you will be able to chat with other members about any questions/concerns you might have.
  • Boot Camp: if you are struggling to determine your niche, head to the Wealthy Affiliate Boot Camp where you will find information on setting up yoru website to tell others about the program.

Many work-from-home programs swear that you will get rich overnight. However, WA assures you that it is indeed a process. It’s not going to happen quickly and you won’t get something for nothing. You will need to put in the effort to reap the rewards.

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Myths about Affiliate Marketing: What is Wealthy Affiliate

Now that you know a little about Wealthy Affiliate, let’s take a look at some of the myths out there regarding affiliate marketing. These myths often cause people to pass on affiliate programs. It’s critical that you have an understanding of these myths in order to make the best decisions for the growth of your online based business.

Quick and easy to manage

Many people believe that affiliate systems basically run themselves. However, that’s not true- an affiliate marketing program takes work. Most of the time, you will find that there’s a lot of competition- so you won’t start making money right away.

As a business owner, you may have been led to believe that the only thing you need to do is set up your site and leave it. However, in order to make money with affiliate marketing, you must invest the time and effort.

Affiliate marketing depends on relationships. You can foster relationships by: bringing partners into your program that are willing to work it, always looking for better/more efficient relationships, and regularly updating your content. Keep in mind that while an affiliate program will bring traffic to your business/website, you must convert the traffic into paying customers.

You must be in a popular/lucrative niche for it to work

Many businesses don’t worry about even attempting to use an affiliate marketing program because they don’t think their market is big enough. Then, there are those companies that attempt to break into bigger niches, even if they are not interested in it.

While it is true that the more popular niches do much better with affiliate marketing, this doesn’t mean that you won’t be successful in a smaller market. Keep focused on your goals and mission statement and work with affiliates who have an understanding that it’s best to work in a market that you are comfortable in.

It worked in the past- not so much now

Due to the new algorithms for SEO with Google, link building is rapidly becoming outdated. This means that affiliate activity is being discouraged. Even if this is true, there are plenty of new ways that you can use SEO to build your brand.

If you are not properly managing your program, you just might have a few link problems with Google. However, affiliate marketing still basically does make sense to Google. After all, it brings relevant/related information to the consumers.

Affiliate marketing means getting your product/service on as many websites as you can

This is simply not true. The best way to use affiliate marketing is with quality posts- not quantity of posts. There are many small websites out there that will promote your product, but the best thing to do is find a small group that will bring you the most conversions.

Though most studies have revealed that affiliate marketing- even with Wealthy Affiliate- isn’t easy, as long as you can foster relationships, put your focus on a niche, use a few affiliates, and create a system that will deliver results for you and your affiliate, you will definitely bring about conversions and profits for your business.

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