Wealthy affiliate is an affiliate marketing training course. The site is an affiliate marketing training course that claims to teach its members how to make a living online with affiliate marketing.
Many people believe that wealthy affiliate is a pyramid scheme. But is it? In this blog post we will go over whether or not Wealthy Affiliate is a pyramid scheme.
Short Answer To The Question Is Wealthy Affiliate a Pyramid Scheme:
A pyramid scheme is an unsustainable business model that recruits new members by offering them financial incentives. Wealthy Affiliate is not a pyramid scheme because it offers no financial incentive to its members. The only incentive they offer is the ability learn how to make money online.
Why Do People Think it’s A Pyramid Scheme?
There’s no explanation as to why wealthy affiliate is labeled as a pyramid scheme.
Wealthy affiliate is simply an educational online community that aims at helping people be successful online.
What is the Difference Between a Pyramid Scheme and Affiliate Marketing?
Affiliate marketing is recommending products and receiving a commission from your sale.
A Pyramid Scheme is where you receive money from recruiting new members into the organization that pays you the most which means that if there are no more people to recruit, then you’re out of business. In this scenario it is inevitable for the company to fail because there isn’t endless supply of people to recruit.
A good example of affiliate marketing is a blogger recommending a product or service that they personally use and then receive a commission from the sale.
Is Wealthy Affiliate a Scam?
The reason wealthy affiliate comes of scammy is because there’s a very high amount of “great reviews”.
This sounds like a great thing until you hear majority of these great reviews are from wealthy affiliate members trying to sell their link.
After doing some thorough research I found that many people were turned off from the program because throughout the course they mention.
What’s the best part about the wealthy affiliate?
The community is definitely a very close knit community that is willing to help whenever you need it.
You can build relationships with different people that can be beneficial when it comes to friendships and business.
Is Wealthy Affiliate Worth it?
If you’re an affiliate marketing beginner and beginner when it comes to making money online in general there is definitely a lot you can learn.
The biggest thing is there’s a lot to take in and if you’re not willing to put in the work and put in the Time we don’t recommend purchasing the wealthy affiliate program.
Conclusion:
The Wealthy affiliate program is by no means a scam or pyramid scheme but it also isn’t perfect.
If your someone who is new to making money online and want everything put together in a step by step process it could be a program that sparks something good for yourself.
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