Chances are, you are here because you are wondering if Wealthy Affiliate can really help you with your money problems or if it is just another internet scam!
You are looking for ways to make money off the internet because maybe your current pay is not enough, or maybe you don’t like your job and wants to quit. If you are like me, then you probably realize that you will only live once and your current lifestyle doesn’t allow you to do what you really want to do because you have financial responsibilities.
Well, worry not because I will explain How You Can Make Money With Wealthy Affiliate!
Affiliate Disclosure – I am an Affiliate of many products promoted on this website and may earn a commission if you purchase something.
I stumble upon Wealthy Affiliate (WA) in 2018 during my lunch break. I work in a pharmaceutical company and even if I am not financially tight nor hate my job, I still want to one day quit my job and do what I really want to do.
I was researching about passive income because… well I am lazy… I want to learn how to make a lot of money with as little effort as possible. (P.S. wrong mentality! Even CEOs of multi-billion dollar companies work a rediculous number of hours!)
Anyways, because I am being lazy and wanting to be rich at the same time, I almost subscribe to a “get-rich-scheme” which promises that if I follow his program then I will be rich in no time!
The good thing is I did my research about the program and I learned there is no such thing as passive income. However, I learned something new from that get-rich-scheme and that is affiliate marketing.
I did my research about affiliate marketing and that is when I discovered Wealthy Affiliate! I subscribed to their FREE Starter Account and the rest is history!
I love Wealthy Affiliate because it taught me all the things I need to know about Wealthy Affiliate and the community encouraged and inspired me to push forward!
Is it Possible to Make Money With Wealthy Affiliate?
The short answer is to the questions above is, Yes! People make money with Wealthy Affiliate and below are just some of many examples.
Now, I want you to have this mentality, “If they can do it, I can do it too!”
Say it aloud!
Okay, I like the attitude!
Now that we know (based from proofs) the answer to our question, “Is it Possible to Make Money With Wealthy Affiliate?”, let me now go and answer the other equally important question, “How People Make Money With Wealthy Affiliate”
To answer the question, I will have to answer the following common question:
- How Others Make Money with Wealthy Affiliate?
- What is Affiliate Marketing and How People Make Money From It?
- How to Make Money on Wealthy Affiliate?
How Others Make Money with Wealthy Affiliate?
Many make money on WA by taking advantage of WA’s affiliate program.
Basically, when you get a commission for each person you refer someone to WA.
Many would mistake this model as Multi-Level Marketing (MLM) or pyramid scheme but it is not. This is affiliate marketing!
In MLM, you will have to personally recruit someone to get a commission. Then, when your recruit recruits someone you get additional income.
This is not how affiliate marketing works.
What is Affiliate Marketing and How People Make Money From It?
According to Wikipidia.com, Affiliate Marketing is,
“ a type of performance-based marketing in which a business rewards one or more affiliate for each visitor or customer brought by the affiliate’s one marketing efforts.Wikipedia, Affilaite Marketing
What this means is you, as a blogger, must search for a company that is related to your niche and who has an affiliate program. You will then apply to their affiliate program then they will provide you with an affiliate link.
Your next step is to create a content that highlights their product than make a call to action for your readers to click your link to try the product/service themselves. You will then get a commission if your reader or customer purchase the product/service using your affiliate link.
If, “How Affiliate Marketing Works”, still Confusing to you, then I suggest that you watch this short video lesson.
This is how many people make money from WA. WA’s affiliate program is very lucrative as shown in the picture below.
Basically, if you are a premium member, you will get $23.50 recurring monthly of $175 recurring yearly for each person you refer to WA. Even if you are a Starter member, you still get $11.25 recurring monthly or $87 recurring monthly.
So do the math, if you manage to refer 5 people in your first month then you get $115 for that month. Say you are able to refer 15 people on the next month, then you get $345+$115 (from the previous month) = $460 on the second month.
You get the idea, all you need to do is to refer people to WA every month and keep your existing referral happy so they wouldn’t quit WA to make a large amount of money every year.
Okay, that is the theoretical part. What I am going to explain to you know is the work you need to do to get there.
Note that WA’s money-making strategy is no different than any “blog-for-income” strategy.
As per the blogging-for-income strategy, you will NOT make a single dime in your first six to one year, unless you are an SEO god or digital marketing genius.
Overcoming the SEO hurdle is the line that separates professional bloggers from blogging-for-income-is-a-scam people.
If you have the determination to succeed and you have the patience for things to bear fruit, then keep reading. I will tell you How To Make Money on Wealthy Affiliate.
How To Make Money on Wealthy Affiliate
As far, as I know, Wealthy Affiliate is not a “get-rich-quick” scheme, rather, it offers services and products to help you with your affiliate marketing.
That being said, you will have to take these steps before you can make money with WA.
- Choose a Niche
- Create a Website
- Write a Blogs with Low-Hanging Keywords
- Spend to market your blog or let time and SEO do their job
- Repeat Steps 3 and 4 until you make a profit.
- Don’t give up
I know that is a lot of work but I have a piece of great news though.
The skill that you will learn from WA is transferable!
Meaning, you can definitely use the skill that you’ve learned and developed from WA even if you decide to part ways from Wealthy Affiliate! The skills that you will learn can be applied to other blogging-for-income strategies!
Questions? Feedbacks? Suggestions?
I today’s Wealth-Builder Tip added value into your life.
If you don’t mind, can you help me improve the community better? Just answer these simple questions in the comment section:
- What value did you get?
- Do you have any questions?
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