Unfortunately, I am not acquainted with Indian Tax law, so I am not able to advice you on this. But, I would presume that if you earn income from affiliate marketing, your profit from the business will be tax under your personal income. That is unless you create a company to run the operation, then it will be subject to corporate tax, and the dividends receive from the company will be subject to your local personal tax.
In terms of affiliate marketing, you can definitely leverage it. But, it really depends on your niche, does the chip design niche has any affiliate programs? This is something you need to research on. But, if you are saying to promote Wealthy Affiliate on your technical blog, then maybe it is not such a good idea because they are not relevant to each other.
I openly disclose the fact that I will receive a small affiliate commission if someone decides to join WA Premium using one of my affiliate link. There is no compensation for starter members. I often tell people that they are free to join WA without using my link but I encourage them to do so if they liked my review and the effort I put into explaining what it is and what it does. If someone thinks I don’t deserve being compensated, they can join directly through WA main site, without using my links, no hard feelings. The goal here is to answer all the questions about WA.
For your second question, You only get paid when someone clicks on your link and buys something. For Amazon they don’t necessarily have to buy the item you are promoting for you to make a sale. If they buy anything at all when they go through your link you still get the commission for it. If you have Google ad sense on your website and someone clicks on your ads you will get paid every time someone clicks on them.
This is a security measure and it’s in place for a reason. There are many scams that come out of these countries as well as lots of people committing fraud. This is there to protect the other members of the community as well. If you would like to join as a Premium member you are still entitled to your 59% discount on your first month so that you can give things a try before you make the decision as to whether this is something you are interested in doing.
Want to know a little secret about this site? When I first started this site, I only planned on monetizing by selling my OWN affiliate marketer training course. About halfway through creating my course, I realized that I would never be able to provide the type of quality product I intended. Even if I could, it would become outdated so fast that in just a couple years, I wouldn’t be able to sell it anymore.
Also, you wrote a review on WA and on your recommendation I joined them, did not do anything with it and re-joined them a few years later again! Some months ago i was reading your website again and came across your reviews in particular “Proven Amazon Course” by Jim Cockrum. Consequently, I purchased his book and shortly thereafter I purchased the ‘PAC’ course! (You should have received — I hope — some commissions from all of these!?)
Cost per action/sale methods require that referred visitors do more than visit the advertiser's website before the affiliate receives a commission. The advertiser must convert that visitor first. It is in the best interest of the affiliate to send the most closely targeted traffic to the advertiser as possible to increase the chance of a conversion. The risk and loss are shared between the affiliate and the advertiser.
The thing that sets Wealthy Affiliate apart from all the other programs out there that are scams is that they teach you the proper way to start a business online. There is no hype or hidden promises that you will be a millionaire within your first week like 99% of all the other programs out there. The training program that walks you through all of this is Free to get started and your starter membership comes packed with everything you need to start making money online.
The thing that is so different about Wealthy Affiliate is that they will show you the correct and proper way to get started in Internet marketing. Other education platforms are hyped up and they tell you that you will be making thousands of dollars within a couple of weeks which is not true. Wealthy Affiliate is unlike anything else out there because they tell you up front that this will take lots of time and plenty of hard work and they also let you get started for FREE. I would say that if you put in at least a couple hours a day doing this and work really hard at it then you should start seeing some money coming in within your first 3 months. You should keep in mind that you are starting a business from scratch and building it up so it will take some time.
Affiliate marketing has grown quickly since its inception. The e-commerce website, viewed as a marketing toy in the early days of the Internet, became an integrated part of the overall business plan and in some cases grew to a bigger business than the existing offline business. According to one report, the total sales amount generated through affiliate networks in 2006 was £2.16 billion in the United Kingdom alone. The estimates were £1.35 billion in sales in 2005. MarketingSherpa's research team estimated that, in 2006, affiliates worldwide earned US$6.5 billion in bounty and commissions from a variety of sources in retail, personal finance, gaming and gambling, travel, telecom, education, publishing, and forms of lead generation other than contextual advertising programs.
After about 3 and a half months I had made my first sale and that was probably one of the best days of my life, I was so excited. It also confirmed that this was real and that anyone no matter who they are or what their skill level was could learn to do this. By my sixth month I was making around a couple hundred bucks a month with it increasing every day. I now am making a full time living from doing this and I absolutely love it.
I first joined Wealthy Affiliate in June of 2016 mostly to just see what it was all about. I signed up for a free account at Wealthy Affiliate but upgraded to their paid Premium membership the very next day. Now that I’ve been with Wealthy Affiliate for about 7 months, I decided it’s finally time to write a Wealthy Affiliate review with my findings on whether this is a good program to sign up with or not.
It’s actually $47 and as I have said below in my other comment. You can get your first month for only $19 and get complete access to the premium membership at this discounted price. The reason why there is a recurring fee is because each and every month you are going to be getting new training and updated courses about how to start a business online. This is a subscription website and you are going to be trained on how to make money online. It is also an online college and you are paying for an education but at a much discounted price. Wealthy Affiliate Review - Its Too Saturated! Why Local Lead Generation is Better