Have I gotten lazy with Wealthy Affiliate?

blog cover image
26
1.3K followers
Updated

So recently I've been struggling with dedicating time to Wealthy Affiliate. For some reason I have trouble sticking to one thing and building a solid foundation surrounding that. I'm not discounting the success that I've seen thus far...and exploring other opportunities is giving me more and more topics to write about every single time I fail.

My Biggest Recent Lesson

I've realized recently that things take time. I guess I always knew that things weren't supposed to happen overnight but I definitely get caught up in the "Get Rich Quick" schemes. I know they aren't legit... matter of fact I review so many of them and thrash them for false promises.

I don't think I was necessarily looking for some way to get rich as I was some way to drive consistent income. What I found was... there is nothing like Wealthy Affiliate out there.

Let's talk briefly about the types of schemes I tried... Please note: I'm not saying that these ideas aren't great ideas for some people, but they don't work for me.

Retail Arbitrage

So the first idea that I tried was Retail Arbitrage. This consists of running to the store and buying all the garbage on the clearance racks and reselling it on Amazon... I am a dedicated side hustler so obviously this sounded of interest to me. I quickly realized the leg work required was not worth it.

If I would have spent that time writing as part of the Super Affiliate Challenge I would have had no problem meeting my 12,000 words.

I did sell the items that I bought for a significant mark up... the catch is... after fees and everything else I made a couple hundred bucks over the course of a month and would have to hit the store and put all that leg work in once again.

If I would have just worked a part time bar tending job instead I would have made more. In addition, if I would have written that many articles about Wealthy Affiliate or created a couple YouTube videos or just watched the coursework at WA I would have learned and generated a lot more in the future as a result.

The next idea was a far bigger disaster... and far more time consuming...


Shopify - Drop Shipping

I heard somewhere around the interweb that it is so easy to fire up a Shopify store and get to selling products. I'm not denying that is true. I started a shop in nothing flat, took advantage of a free trial, watched a couple videos on Oberlo and how to drop ship.. and BOOM I was off to the races.

I then attacked all social media platforms and setup my Facebook pages for these sites and then immediately seeded an Instagram account (something I'll do a training on soon). After I had all this setup I read about Facebook Ads, ideal ad spend and Adsense. All great tools but also all very expensive tools if you really want to convert leads into sales.

My first site was doing great with traffic but my conversion rate was garbage... Maybe 0.2%. Everyone reporting huge winnings/sales were reporting around 1-2% on average. I quickly realized I was not doing a very good job with targeting.

Drop shipping is not for me. After about a month and countless hours spent learning the system and understand ecommerce in general I realized that I prefer affiliate marketing any day of the week.

Conclusion

Wealthy Affiliate is the best platform out there. It teaches you everything you need to know about affilaite marketing and how to build out your WordPress site. Everywhere else you pay for your memberships and then still have to seek out independent knowledge. Much of the knowledge you will seek out is extremely vague and noone gives you true information. In fact, you'll likely just stumble upon 500 gurus trying to force you to subscribe to their emailing list.


It sucks.


So... overall I'm telling all of you folks from first hand experience... you are in the right place. Take advantage of all WA has to offer. Dedicate yourself to it and don't run astray. Take it from someone who dropped a few hundred bucks on Facebook Ads and Clearance Items at Walmart...

If you are not yet a premium member, I suggest you dive in and really get into the Affiliate Bootcamp. You can't beat it.

Lastly, special thanks to Kyle and Carson for being so transparent and helpful and helping me find some inkling of success online.

Hope that helps someone out there.

If any of you have experience with Ecommerce, drop shipping, or retail arbitrage drop a comment below... I am always open to learn...

Next distraction: Real Estate Wholesaling.


Login
Create Your Free Wealthy Affiliate Account Today!
icon
4-Steps to Success Class
icon
One Profit Ready Website
icon
Market Research & Analysis Tools
icon
Millionaire Mentorship
icon
Core “Business Start Up” Training

Recent Comments

23

Thanks for this info.
I was actually considering retail arbitrage, but maybe I'll reconsider after reading this.

Marita

Marita,

It's honestly one of the tougher side hustles I've stumbled upon. I can't see how it would be lucrative to the extent that you could replace any sort of real income with it.

The time sink alone is pretty rough. Maybe give it a go to see if you experience a different level of success. However, I truly believe that WA is the way to go in the long term.

Thanks for reading this and thanks for the follow!
-Dalton

Great content. I have done drop shipping, retail arbitrage, ebay as well. I found it to be time consuming and exhausting finally I got bored with it realized I wanted a simpler process. I rather stick to affiliate marketing creating content makes more sense to me.
Wealthy Affiliate is the answer.

I have done drop shipping before and liked it, but i think affiliate marketing is definitely more for me in terms of enjoyment and fitting into my life while still working a part time job.

So this is where I'll be staying!

Janelle

Affiliate marketing is definitely my go to also. The drop shipping seems to be a little more time intensive as far as fulfilling orders with Oberlo and other apps goes.

Thanks for sharing Dalton. I too have chased some shiny objects that didn't pan out. Now I am here and I wouldn't change a thing.

Tried and True

Elaine

Glad to hear you ended up here as part of this awesome community, Elaine!

Keep up the good work.

Dalton

there is so much to do it's hard to know what to do first and second.... :)

Priorities are hard to get straight sometimes. Oh well, learning experience.

absolutely true

Hi, Dalton good to meet you, trying this and that can almost be a right of passage to, if you look at folks that are successful they tend to just stick to one thing or formula.

I agree affiliate marketing does have real advantages.

Best wishes as you drill down and hey presto turns out that WA has it all no need to look elsewhere.

Totally agree, Alex. It has taught me quite a lot trying all all of these different routes. I guess it has just shown me the importance of building upon the solid foundation I’ve already created. The hard part is done!

Wealthy affiliate really does have it all. You think I would know that after 2 years here!

Dalton

That is the thing about this place something new around every corner but the base message is the same and the thing is that it works

Couldn't agree more.

Stop chasing shiny objects... that is all they are, shiny but with no substance.
With Grace and Gratitude
Karen

Definitely the problem! Also need to stop chasing dingy, green paper that loses value every year...

Dalton

Thanks for sharing, Dalton.

Of course, bigrog!

-Dalton

Thanks Dalton for all encouraging experiences. I am interested and will follow up..

Of course! I'm always happy to share the trials and tribulations I experience haha. Hopefully you can avoid them!

-Dalton

Very informational blog. with lots of details and ideas.
I wish you much success as you travel your online journey.

Blessings,

Louisa B

Thanks Louisa, glad I can help. Always happy to share details and ideas with the folks here at WA. Any encouragement or help I can offer I will.

-Dalton

See more comments

Login
Create Your Free Wealthy Affiliate Account Today!
icon
4-Steps to Success Class
icon
One Profit Ready Website
icon
Market Research & Analysis Tools
icon
Millionaire Mentorship
icon
Core “Business Start Up” Training