Before we can give a program a positive recommendation here at I’ve Tried That, we test for three things. First, does the program show any signs of being a scam. Second, can you actually earn money by following the methods taught in the program. And finally, how quickly can you earn back the money you had to spend to join the program.
The program under review: The Wealthy Affiliate University.
Wealthy Affiliate has been highly recommended to us by our good friend Eddy Saloman, owner of Work at Home No Scams. Even though Eddy is someone we know and trust, we’ll be putting Wealthy Affiliate through some pretty rigorous testing before issuing a positive review. I will use this page to track my progress with the program, including how much money I’ve spent, how much money I’ve earned, and any other interesting statistics along the way.
Use the following links to jump around the review. I highly suggest you read the entire thing from start to finish though.
- Background Information on Wealthy Affiliate
- Week 1 – Joining Wealthy Affiliate
- Week 2 – And I’m Already Making Money
- My Earnings with Wealthy Affiliate So Far
Background Information on Wealthy Affiliate
The Wealthy Affiliate presell page boasts that it has turned tens of thousands of no-experience-beginners into successful Internet business owners by teaching them the methods of some of the best affiliate marketers in the world.
But wait, let’s back up for a minute.
What is Affiliate Marketing?
It’s very simple: you own a web site where you sell other people’s or companies’ products and make a commission on each sale.It’s not exactly like an online store, though you could set up something like that. It’s more like you telling a friend about something, and then, if she buys it, you get a little bonus.
How Does It Work?
The selling is done through affiliate links—little bits of Web language that contain a code linking the sale to you. When someone clicks on your link and then makes a purchase, the original seller or clearing house gives you credit for the sale and you receive money.
Benefits of Being an Affiliate Marketer.
- You have no inventory to manage.
- You don’t have to deal with customer service or handle refunds or exchanges.
- You have an unlimited supply of products to promote.
- Your web sites (containing your affiliate links) work 24×7.
Wealthy Affiliate claims that it can take you, the most inexperienced newbie with no knowledge of making money online, and turn you into a successful Internet marketer. These are some pretty hefty claims, but we love nothing more than a good challenge. I’ll be paying the $39 membership fee tonight and I’ll report my findings come morning.
August 18th, 2009: I’ve Joined Wealthy Affiliate
I signed up for Wealthy Affiliate last night, and after digging around for a few hours, I’m thoroughly impressed, more than I’ve ever been with any other program so far. The sheer amount of information and training available is remarkable to say the least.
It’s easy to see how a beginner would be overwhelmed with information; however, Wealthy Affiliate has a rather important section labeled the 8-Week Action plan. I’ve decided to focus my efforts on following the action plan and will be updating this page accordingly. The review will take longer than I initially expected, but I think it will be beneficial to both of us if I take my time with this review. After all, we both know there are no get-rich-quick schemes.
Action Plan — Week 1
The first week of the Wealthy Affiliate action plan is mostly a meet and greet type deal. You’ll learn the basics of affiliate marketing in more detail, as well as the inner workings for the Wealthy Affiliate program and the forums.
I’ve spent this first week getting to know my way around Wealthy Affiliate. I’ve familiarized myself with most of the sections and started to get involved in the forum. The forum is actually one of the more interesting parts of the program. There are over 25,000 active members including some Internet marketers who make six-figure incomes each year. They love sharing their methods with other forums members and I can see that the forum is going to be quite the valuable asset during my stay at Wealthy Affiliate.
August 29th, 2009: Week 2 and My First Sale!
Wow, Week 2 has been a lot more interesting. I’ve repeatedly found myself excited to do work during this week. I’ve learned the ins-and-outs of popular affiliate marketing techniques, including keyword research, pay-per-click advertising, and article marketing. I also found out that a membership to Wealthy Affiliate includes a $50 credit to Yahoo’s advertising network. (Technically, my membership has already paid for itself, but I won’t chalk that one up as money earned.)
I spent the first two days of this week learning and understanding how to do niche research. Basically, you learn how and where to find ideas that will ultimately make you money. I landed on a topic I know quite a bit about, computer hardware, and decided I’d write a few articles and see how they would perform for me. While I chose the niche of computer hardware, you can find your very own niche that best suits your interests. There are literally no limitations here. Wealthy Affiliate will help you find your niche, then will teach you how you can profit from it.
I spent the next couple of days following the Wealthy Affiliate guide. I was taught how to conduct article marketing. Mind you, I have had no experience in article marketing prior to joining Wealthy Affiliate, but within a few hours I learned how to properly write an article, how to include affiliate links in my article, how to drive traffic to my article, and how to make money off of my hard work.
My first sale!
It didn’t take long to see some results either! I had submitted my first handful of articles to various article directories and began to see a little bit of traffic. Not that much was happening, but when I woke up this morning I saw this fantastic email:
I quickly logged into my affiliate account to check my stats and was greeted with this magnificent image:
It’s been only a few days, but I’ve already made back half of the membership fee to join Wealthy Affiliate! This alone has answered two of my biggest questions regarding Wealthy Affiliate.
- Can you make money with Wealthy Affiliate? 100% Absolutely yes. In just a few days time, I’ve gone from knowing nothing about article marketing and have managed to make my first ever commission through it for $19.22!
- How long will it take to break even? I paid $40 to join Wealthy Affiliate, and I haven’t had to put out any extra money. I’ve already made back half of my investment and I expect it won’t be long until I break even. In fact, it won’t be long until I’m actually making money.
Updates will follow on my progress.
August 29th, 2009: My First Sale, Part Two.
I’m speechless. It seems that one of my articles is taking off! I wrote the first update earlier today, spent some time out with friends during the day, came home and found out that I had logged three more sales while I was out!
Again, I quickly ran to login to my affiliate account and saw this:
I made $58.08 within a few days of joining Wealthy Affiliate. And it was all thanks to the article marketing method they teach. I wasn’t even home at the time the sales were made. In fact, I didn’t do anything other than write a few 400-word articles and I’m already making money.
Let me recap these last few days exactly for you:
- Week 2 taught me the ins-and-outs of article marketing.
- I found a niche, wrote a few articles, and submitted them to various article directories around the web.
- I might have spent 4-6 hours learning and writing.
- I now have $58.08 in commissions sitting in one of my affiliate accounts!
My Earnings with Wealthy Affiliate So Far.
$39.00 – Wealthy Affiliate Membership
4 Affiliate Sales.
$58.08 from affiliate sales.
At this point, I can already label Wealthy Affiliate as an absolute must-join. Not only did I manage to break even within a few days of joining, but I’ve actually made some money. My articles aren’t going to stop working for me either. I expect to see a lot more sales over the next coming weeks from these articles alone.
As promised, I will keep you all updated on my progress and I’ll issue a full report once my progress has completed, but at this time, I highly suggest you join Wealthy Affiliate and get started yourself. You will be given the exact same instruction set I was given that helped me make a decent chunk of change in just a few days time with only 4-6 hours worth of work. Click here for more information on Wealthy Affiliate.
More updates to come. But seriously in the mean time, join Wealthy Affiliate.