First off, I’m a blogger so it seems wrong not to mention it, but more importantly, it’s a legitimate way to make money. It’s quite possibly the least straight-forward way on this list, but it’s very doable and it’s also quite possibly the funnest way on this list. I love blogging and I know hundreds of bloggers who feel the same. So let’s talk about making money blogging and what it really means.
The seller, whether a solo entrepreneur or large enterprise, is a vendor, merchant, product creator, or retailer with a product to market. The product can be a physical object, like household goods, or a service, like makeup tutorials. Also known as the brand, the seller does not need to be actively involved in the marketing, but they may also be the advertiser and profit from the revenue sharing associated with affiliate marketing.
So you know exactly what to spend. I love this predictable side of Wealthy Affiliate. Even if you don’t have all the money to pay for a full year, you can plan ahead of time, and save gradually towards Black Friday deals. Those deals have not changed for many years, and once you sign up, that’s it. No more paying of extra charges. Everything is taken care of right down to the domain privacy of the domains you purchase in-house.
Many affiliate programs run with last-click attribution, where the affiliate receiving the last click before the sale gets 100% credit for the conversion. This is changing. With affiliate platforms providing new attribution models and reporting features, you are able to see a full-funnel, cross-channel view of how individual marketing tactics are working together. For example, you might see that a paid social campaign generated the first click, Affiliate X got click 2, and Affiliate Y got the last click. With this full picture, you can structure your affiliate commissions so that Affiliate X gets a percentage of the credit for the sale, even though they didn’t get the last click.
Wealthy Affiliate was launched in 2005 and it has been growing and improving for all these years. The founders invest hundreds of thousands of dollars into the platform every single year. When I first joined in 2007 the site looked completely different and I must admit, it had less training and less support. They had less tools and the site navigation was complicated.
There are many other online forums and programs that talk about making money online but whenever you ask a simple question many users will reply with: “Dude, this stupid question has been asked many times before – just google it!” – You will not get this kind of reply on WA. Wealthy Affiliate is a learning center so there are no stupid questions, every question is important and people will try to answer it as well as they can. However if you do not feel comfortable asking a question (don’t be shy, just ask!) you could simply look through the resources and questions other people asked – I can almost guarantee you will find your answer within minutes.
It’s important to know where your traffic is coming from and the demographics of your audience. This will allow you to customize your messaging so that you can provide the best affiliate product recommendations. You shouldn’t just focus on the vertical you’re in, but on the traffic sources and audience that’s visiting your site. Traffic sources may include organic, paid, social media, referral, display, email, or direct traffic. You can view traffic source data in Google Analytics to view things such as time on page, bounce rate, geo location, age, gender, time of day, devices (mobile vs. desktop), and more so that you can focus your effort on the highest converting traffic. This analytics data is crucial to making informed decisions, increasing your conversion rates, and making more affiliate sales.