Wealthy Affiliate has been around for more than a decade. It first started out as a company that provides keywords to marketers, but it has expanded and turned into one of the largest affiliate training companies in the world.
Wealthy Affiliate is a learning community. Think of it as a university, and the specialization is affiliate marketing on any niche.
With Wealthy Affiliate, you will learn what affiliate marketing is about, how to do it right, what marketing approaches you can take, and how to perform marketing actions that yield results.
Essentially, you need to become a member to be able to access all the tools and training modules. The starter pack is free, but you have the choice to upgrade to a Premium account, which costs $49 per month.
Here, we will focus on how to make money with Wealthy Affiliate, instead of the courses offered in the program.
Convince and Refer a Student
As a member, you can make money by referring people to join the program. What you need to do is to convince others to join and become a Premium Member.
Even if they start out in the free membership, you will still be eligible for a commission if they upgrade to Premium.
There are different payout schemes for this program. If your referral upgraded to a Premium membership within seven days and paid the special offer of $19, your commission is $4.
But it does not end there, as you will have a recurring commission of $11.75, until such time that the referral cuts his membership
If the referral immediately subscribed to the 6-month membership, which will cost him a lump sum of $234, your commission is $54. But if the upgrade was for the annual package, your commission is $87.50.
These rates only apply if you are at the Starter package. If you are a Premium member yourself, you will earn more than that. Here is what you will earn:
- $8 if the payment was for a special monthly rate of $19
- $23.50 recurring monthly commission
- $108 for a one-time 6-month membership
- $175 for a one-time annual membership
Carve Out Your Own Niche
Since it is a university and a learning community, you need to attend the classes and implement what you learned.
The second way on how to make money with Wealthy Affiliate is to build your own affiliate marketing business.
The Wealthy Affiliate platform teaches you all the things you know, like how to build a website and fill it with quality content.
Furthermore, it’ll teach you how to do SEO, how to use social media to promote your product, where to find affiliate programs, and so much more!
Create Your Own Courses
The third way on how to make money with Wealthy Affiliate is to create courses yourself. These courses will be sold to the other members, and you will earn money if people registered for your course.
Only Premium members are able to do this. You can make any video course related to how an affiliate marketer will succeed.
These videos are ranked according to user feedback. And as you rank higher, you can earn as much as $5 per course purchase.
Summary of How to Make Money with Wealthy Affiliate
Wealthy Affiliate is a repository of information. It is a school. You will pay for the things you learned, and you can earn money on the side if you can successfully refer it to people.
Do not mistake it for an affiliate program, as it does not offer products for you to sell except the Wealthy Affiliate program itself.
It is best used by individuals who are serious about learning how to become a successful affiliate marketer.