This is the first part of a series that answers the question, “How much money can you make promoting a specific program?”
This week, I am going to answer that question for a program I highly recommend, Wealthy Affiliate.
How much money can you make promoting Wealthy Affiliate?
You should know what Wealthy Affiliate (WA) offers your first, before you promote it.
Wealthy Affiliate is an affiliate marketing community getting close to 850,000 members.
It provides members (you and me) with state of the art hosting, websites, expert help, training resources, live video classes, and even access to the founders, Kyle & Carson.
This article is not going to be how much you can make with your website you build through WA.
This is going to be about how much you can earn by referring members to Wealthy Affiliate and when they upgrade to a Premium Membership and stay a Premium member for 1 year.
How much you can earn from the WA affiliate program is dependent on your membership.
Premium membership costs $19 for the first month. After the first month, Premium membership costs $49/month. WA also offers a Yearly Premium membership that costs $359.
Free members who refer a Premium member receive a $4 commission for the first month. After the first month, the Free member will earn $11.75/month the Premium member you referred stays a Premium member. If you are a Free member and your referral upgrades to a Yearly Premium membership, you will earn $87.50/year every year your referral stays a Yearly Premium member.
Premium members who refer another Premium member will receive an $8 commission for the first month. After the first month, the Premium member will earn $23.50/month the Premium member you referred stays a Premium member. If you are a Premium member and your referral upgrades to a Yearly Premium membership, you will earn $175/year every year your referral stays a Yearly Premium member.
Does that sound great or what? The best part is, Wealthy Affiliate is not to good to be true.
Wealthy Affiliate offers one of the hottest commodities on the internet right now, a website platform.
So many people nowadays are creating websites as a way to help others, while earning an income at the same time. Wealthy Affiliate makes it as easy as possible because they train you on EVERYTHING you will ever need to know to succeed in this very tough industry.
WA allows you to get started very easily and for free by providing everyone with two free websites. You have access to everything which is a lot more when you are a Premium member and that’s why 1 in 8 people who join Wealthy Affiliate upgrade to a Premium membership.
Now, let’s get to the math.
For this example, you are going to be a Free member and the Premium referrals are going to stay a Monthly Premium member for years and years, which is possible.
If you are a Free member at WA, and you recruit 1 Premium member to WA, you will earn $11.75 month.
$11.75/month x (multiplied by) 12 months = $141/year that you can earn as a Free member with only 1 Monthly Premium member.
Let’s up the ante.
You are still a FREE member, but now you have 5 Premium referrals.
$11.75/month x 5 Premium members = $58.75/month you can earn as a Free member with 5 premium referrals.
You will earn $58.75 x 12 months = $705/year as a Free member with 5 Premium referrals.
Now, if you had 5 Premium referrals, it would make more sense to upgrade your account to Premium, because you will be earning more money.
For the rest of these examples, you are going to be a Premium member and the Premium referrals are going to stay a Monthly Premium member for years and years.
If you are a Premium member at WA, and you recruit 1 Premium member to WA, you will earn $23.50 month.
$23.50/month x (multiplied by) 12 months = $282/year that you can earn as a Premium member with only 1 Monthly Premium member.
Let’s keep adding Monthly Premium referrals and see how money you could earn by promoting Wealthy Affiliate.
$23.50/month x 5 Monthly Premium referrals = $117.50/month. Which equals $1,410/year you could earn.
$23.50 x 10 MPR = $235/month. Which equals $2,820/year you could earn.
$23.50 x 20 MPR = $470/month. Which equals $5,640/year you could earn.
$23.50 x 50 MPR = $1,175/month. Which equals $14,100/year you could earn.
$23.50 x 100 MPR = $2,350/month. Which equals $28,200/year you could earn.
$23.50 x 200 MPR = $4,700/month. Which equals $56,400/year you could earn.
$23.50 x 300 MPR = $7,050/month. Which equals $84,600/year you could earn.
$23.50 x 500 MPR = $11,750/month. Which equals $141,000/year you could earn.
$23.50 x 1,000 MPR = $23,500/month. Which equals $282,000/year you could earn.
$23.50 x 5,000 MPR = $117,500/month. Which equals $1,410,000/year you could earn.
Don’t let those numbers make you think it will be easy. It will not. It will not happen overnight either.
I don’t know anyone who had 5,000 Premium referrals, but I know it is possible.
When/If you get 300 Premium referrals, Wealthy Affiliate will send you on a trip to Las Vegas to meet with them. There is a lot more to it than just that, but I will let you learn more about the trip after you join Wealthy Affiliate.
Those numbers are completely possible, but like I said, it WILL NOT be easy. It took me a long time to get 1 Premium referral, but after I finally helped him start his business, I knew it was on.
There is nothing like receiving a message that you just received a commission from one of your Premium referrals.
It’s a great feeling and I want you to be able to experience that same feeling, but it won’t happen if you don’t take action, right now!
Join Wealthy Affiliate right now as my teammate and start the Affiliate Bootcamp after setting up your account.
Start learning exactly how to make money online and quit trying to figure it out. There is not need to look or try anything else.
If you have any questions or if you need help with anything, leave a comment down below and I will get back to you very soon.