Is Wealthy Affiliate University A Scam?

October 30th, 2009  |  Published in Affiliate Marketing, Business Opportunities

Wealthy Affiliate UniversityAs the Wealthy Affiliate University continues to grow in popularity this question is being asked with increased frequency.  People get recommend to this program via a plethora of sources and ultimately want to know if the whole thing is legit or just another clever scam.

As a member of Wealthy Affiliate I can do my best to explain what’s inside and how you can use that info to grow an online business.

Before I go on I want to make it clear that I endorse this product based on its value as compared to currently available alternative learning sources and not on the fact that I am an affiliate of the product.

With that said I want to dive right in and explain what the Wealthy Affiliate University is all about.  If you haven’t already derived this from the name of the site, this system is about all things affiliate marketing.

What is Affiliate Marketing?

In simple terms affiliate marketing is a system in which advertisers earn commissions by referring customers to products or services.  A great example of this is that DIRECTV commercial, in which they encourage you to have friends switch satellite companies for a reward of $50 per referral.

Online this system is a bit more sophisticated as you’re not limited to referring friends and family but literally have the entire world at your finger tips.  With the availability of internet advertising, massive social networks, and personal blogs you have myriad avenues for reaching customers in all types of niches.

Moreover, as the internet shopping trend continues to grow there are more and more opportunities developing each day.

You might be asking yourself why a company would want to split commissions, or for that matter pay an affiliate anything at all.  The answer is simple; it’s cheap and very effective.  Instead of having to spend millions of dollars on advertising campaigns, market research, tracking and testing, and so on a company like NetFlix simply says, “You do it, and we’ll pay you $12 per subscription generated.”

In an instant they’ve increased sales without having to carry any of the workload.  From the affiliate’s standpoint they benefit just as much as they’ve been given an opportunity to enter a booming market having done absolutely no product development.

Now the affiliate goes off to create ads, run promotions, build mailing lists and promote the heck out of the product earning themselves and the parent company a hefty profit.  Without boring you to death with all the minutiae this is affiliate marketing at its essence.

So what Does The Wealthy Affiliate University Do?

This community centered site walks you through every step of setting up your own affiliate marketing business.  There’s a mountain of resources available that’ll show you how to analyze a niche, choose an offer to promote, set up a website or ad campaign, create high converting sales copy, test and tweak your work, and ultimately succeed at this new and exciting business venture.

Now that alone does not make Wealthy Affiliate University special, there are plenty of places where you can find solid info on internet marketing.  The real hidden value in this program is the members and contributors.

Wealthy Affiliate is home to one of the most active forums in the industry and encourages participation and collaboration among all its members, from the 6 figure earners down to the up-and-coming fledglings.

In addition to the standard support this allows you to get questions answered and have your work critiqued by real entrepreneurs.  In this day and age of fly by night scams and deceptive marketing I feel that Wealthy Affiliate University is one of the only places where beginners can come and learn this business without getting fleeced or lied to.

I don’t want to get carried away here, there’s no guarantee of success and it’s solely up to you to proactively immerse yourself in learning the ins and outs of affiliate marketing, as well as seeking out help when you need it.  No one’s going to come to your home office and run your business for you, it will take time and effort on your part but as the hundreds of testimonials on WA show, success is definitely possible.

Wealthy Affiliate Testimonials

Now to Answer the Question: Is Wealthy Affiliate a Scam…?

It’s pretty clear that I’m a huge fan of this membership and would recommend it to anyone.  Calling this a scam is equivalent to calling your local college or university a scam.  Yes, there are dropouts and not everyone is an A+ student but what they’re offering is simply information and tutorials.

Like I said before, you have to take the reins and build your business but if you join Wealthy Affiliate you’ll have tremendous help and resources along the way.  If you’ve been craving a solution to creating an online income I suggest you take a look at what Wealthy Affiliate University has to offer, Click Here to Learn More.

Leave a Response