How to Leverage Wealthy Affiliate Membership as an Entrepreneur

Building a Business at Wealthy Affiliate

To approach Wealthy Affiliate as an Entrepreneur rather than a student, it is possible to leverage the system quite easily in your favour. Commissions are fat and the reality is that if you can promote as part of an already established business, it will be very easy to add another income stream as a WA affiliate.

What is Return on Investment?

Return on investment (ROI) is a financial ratio used to calculate the benefit an investor will receive in relation to their investment cost. It is most commonly measured as net income divided by the original capital cost of the investment. The higher the ratio, the greater the benefit earned. This page will break down the ROI formula, and provide an ROI calculation for Wealthy Affiliate, based on several worked examples.

return on investment (rod) formula

Investment (Cost)

The investment needed for a new, full year membership in Wealthy Affiliate, presuming the member takes advantage of the first month discount is $19 + (11 x $49) = $558

That can be cheapened a little bit by taking an annual membership after the first month to $499.

That is the value of a customer to Wealthy Affiliate and the amount you’ll need to pay for a membership to get the highest rate of commissions.

Return (Benefit)

wa commissions may 2020

Based on referring only 1 person to Wealthy Affiliate, who then take out a full membership, the annual return would be

Paying as a monthly member  $8 + (11 x $23.50) = $266.50

Paying annually, a member is worth $235

ROI Calculation

For referring only one member, your ROI is going to be

Monthly membership 266.50 / 558 = 47.8%

And for an annual membership 235 /499 = 47.1%

As you can see, simply maths will reveal that referring only two people will virtually completely cover your investment. Normally, an investor would be looking to earn back an investment in 2 years to make it worthwhile. Introducing 5 Premium members in the first year would return 266.50 x 5 = $1,332.50 per year. That’s a 238% return on your investment!

Here’s a quick summary table of ROI for a business promoting Wealthy Affiliate.

Investment No of Premium Signups Return ROI
$558 1 $266.50 48 %
$558 2 $533 96 %
$558 3 $799.50 143 %
$558 4 $1,066 191 %
$558 5 $1,332.50 238 %

Other Benefits of Membership

SSL Certificates

Each website hosted comes with a Free SSL certificate. These are normally $60 per year, per website, so a positive value of $600 if you host 10 websites.

Charging for Hosting

It’s permitted to charge clients for hosting in your WA webspace, so another way of generating a good ROI income is to build websites for people and host them at Wealthy Affiliate.

You can register the domain for the client, host and charge either a monthly fee or an annual one for managing the site for them.

10 websites hosted and managed at $50 per month would yield $6,000 per year, which would further increase your ROI and make your Wealthy Affiliate investment into a healthy business.

The WA site management software makes it very simple to administer.

Other Costs

You get space for 10 websites hosted at Wealthy Affiliate as part of the membership. If you bought 10 domains for them, they’d cost you $139.90 if you used them yourself. Absorbing that cost would then be easy. Also, each of these sites could then be generating earnings for you.

If you hosted the sites for clients, those domain registrations would be part of their costs and you’d factor them in to their hosting package.

Conclusion

With a bit of forethought, it’s easy to build a business using the Wealthy Affiliate structure. Once you approach the system as an Entrepreneur rather than a student, you can see how easy it is to leverage and take advantage of.

You can operate as a Website Hosting Manager, whilst also making the traditional WA Student Training benefits available to those who want to go down that route. As can be seen, you can cover your costs entirely by just introducing two people. After this, that income feeds the hosting services.

If you were lucky enough to be a member of Wealthy Affiliate before the changes of spring 2020, you’ll have space to host 25 websites, so the $6,000 mentioned above for hosting services could easily be $15,000 per annum for you.

When you are super successful at Wealthy Affiliate, you get invited to Vegas!

Sign up for Wealthy Affiliate Now.

 

Site Index

6 thoughts on “How to Leverage Wealthy Affiliate Membership as an Entrepreneur”

  1. Being a new member to Wealthy Affiliate and new to the blogging/affiliate marketing game I have definitely looked at it from a students eyes, however, your brilliant article which is so well written has given me a brand new outlook on my membership and opportunities.

    I already felt like the WA membership was second to none, and was really happy with everything so far, but this has just taken it to a new level.

    Thank you for allowing me to see something that was right in front of eyes, and opening me up to this incredible income opportunity. 

    I would recommend WA even more now

    Reply
    • Thanks for your comment Emma,

      Sometimes when you sit and analyse things from a different perspective, entirely different solutions and ideas present themselves. The ability to use out hosting and sub-let it opens up the platform so much. Coming later in the year will be the ability to sell the WA hosting as a completely stand-alone affiliate product which will change the game yet again.

      It’s not only about just promoting training. Once you gain knowledge and confidence to build and host websites it opens up entirely new possibilities. Jay is presenting a podcast this weekend about local SEO business, which is another angle you can consider as an affiliate.

      Exciting or what?

      Dave
       

      Reply
  2. I see many opportunities available to wealthyaffiliate members. It is quite impressive and I have not really thought about what you just explained about leveraging the platform as an entrepreneur rather than a student. I do have a question though.

    Where do you think I can get these types of clients? And would it not be easier for them to just directly register on the platform than allowing me to host their websites on the platform?

    Reply
    • Hi Manuel, thanks for your input.

      To answer your question first, the way I did it was to blitz the OEC training and then I approached a couple of local clubs I was a member of. They were paying for hosting with web design being done elsewhere. They were already complaining about their service, so I stepped in and offered to do it better, redesigned their site and now manage it. I then picked up a job for a local driving instructor and did a site for him. I improved on the SEO and now bring him extra business and exposure.

      You can hustle anywhere for this type of job. Start your own Facebook groups and become active at free self promotion on Twitter, Instagram and Pinterest. Blow your own trumpet and post about your service on your own blog, basically just put yourself out there!

      If they want to do it themselves, point them at Wealthy Affiliate as an affiliate in the conventional way. 

      Dave 

      Reply
  3. Hello there thanks for this informative review it was really helpful. Well when it comes to making maximum use of WA programs, it is quite easy although it may be really difficult for beginners especially those who have little understand concerning affiliate marketing. But then the first step is to have your own website through the platform. That way you wil get to build your own business and start making revenue

    Reply
    • Hi Philebur,

      Good to hear from you. I just thought it would be interesting to look at the Wealthy Affiliate program purely from an Entrepreneurs perspective. As a little ROI opportunity it’s not too shabby. Your expenditure can also be a monthly one too, so it’s not as if the investments leaves you massively out of pocket. It’s a pay-as-you-go investment.

      Dave

      Reply

Leave a comment


%d bloggers like this: