You have heard the name. Many seniors have already become of the newest internet business trend– affiliate marketing. Plus, they may have heard of Wealthy Affiliate as well as other affiliate marketing platforms but do you know how Wealthy Affiliate works?
This is one of the top affiliate marketing platforms that has helped millions of people around the world make money. It could do the same for you if you understand how it works and how you can be a part of their program.
What is Wealthy Affiliate?
We have to include this section because many seniors are not familiar with all the players n the affiliate marketing industry. This company is one of the biggest and it is a major player in this marketing field.
It has spent years developing its product lines, niches and lining up some of the best vendors to work with. Plus, it has developed its training sessions to make sure you get the best information possible to help you succeed at this new business opportunity.
This company helps you be a success and the starting point is signing up.
Becoming A Member Of Wealthy Affiliate
This is the first step in the process of working in this industry. Wealthy Affiliate has 3 membership levels, Starter, Premium, and Premium Plus. Each membership level has a price and except for the Starter, which is FREE, you have to pay a monthly fee in order to continue with this platform.
The price for the premium membership is $49 and the Premium Plus is $99 with both giving you a discount for the first month’s fee. Each membership level has its own basic tools and standard-issue products.
Of course, being free, the Starter membership has the fewest tools, support options, and other products for you to use. The more you pay, the more you get in return. After selecting and paying your membership fee, you move to the next step.
The Training Comes First
Before you get to the good stuff, like picking and selling products, you have to do some learning first. You can market products if you do not know what to do. The second step you take is to go through the different training opportunities Wealthy Affiliate has designed and assigned to your membership level.
This training gets you tuned into SEO strategies and how they are to work. The Starter option only gives you the basics but the basics are good. They provide a solid foundation to build on. When you move up to the Premium level your training is expanded. It is like going straight from grade school to graduate school in one step.
The training will also help you with building your free website (or 10 or 50 depending on your level). Once you get the training, you get to move on to the third step.
Picking A Niche And Products
Your web building can be done while you are going through the training material. It is not hard to do and Wealthy Affiliate provides you with the web building tool to get the job done without you having to break out textbooks and manuals.
At this step, you start to search through the different niches to find the one that fits, you, your personality, and your experiences or interests. At the same time, you can pick those products you feel comfortable in representing.
There will be a commission fee attached so you know what you will be paid when your link brings a successful sale. Then you get ready to use your newly built website and proceed to step four
Marketing Those Products
You have been trained, you have built your website and you have picked those niches and products that interest you. The next step is to provide top-quality content on your website.
That means either writing it yourself or hiring someone to write it for you. the key to writing good content is to know what you are talking about and being able to bring value to your visitors who read what you have written.
If you know what a salesman’s pitch is, then you know the type of content you should write. It should focus on the product or activities related to the product. As people read your work, they can begin to trust you and they will take your recommendation and buy those products you are representing.
The last step you have to be concerned about at this time is coming up.
Making Money With Wealthy Affiliate
Once your visitors start to click on your affiliate links and make a purchase, you make some money. How much you make will depend on the purchase price and the agreed-to commission split.
Then once you have received enough money to trigger the payout threshold, you get paid. Wealthy Affiliates handles this aspect for you so all you need to worry about is selling enough products to reach that threshold.
In A Nutshell
This is how Wealthy Affiliate and almost every other affiliate marketing platform works. Some are very good, like Wealthy Affiliate, while other platforms are not. The key is to do your research, read their website and the many reviews online, and make your own decision about joining this platform.
It is not going to be easy as it takes time to build up an audience that trusts you and your content. You will make mistakes along the way which is why Wealthy Affiliate has built a top-notch support system to help you out when you need it.
Final Words: How Does Wealthy Affiliate Work?
Wealthy Affiliate is not going to leave you alone when you sign up to work through them. You will have support, training, tools, and much more to help you make it during those early months.
As we said, affiliate marketing and Wealthy Affiliate are not for everyone. As a retired person you may have the time but no interest in writing content or selling products. That is fine, as at least now you know how Wealthy Affiliate works.