Today, I’m going to share with you how I made $2,247 USD with passive income.
Last week, I shared the below video about how I am an affiliate for my business coach, Natalie MacNeil’s Conquer Club (a yearlong business incubator for women).
I’m passionate about her program, so I want to share it. And as an extra incentive, Natalie offered an opportunity for her clients to sign up as an affiliate for her program. Natalie’s affiliates each earn 50 percent of the sale every time a person decides to buy the program through them. The total cost for the lowest tier of the program is $1,498 USD.
Why would Natalie do this, you may ask.
Essentially, by becoming an affiliate, I am a marketing arm for Natalie’s program. As I’ve built up trust with my friends and people who follow my adventures on social media, we’ve developed a relationship where they may now trust the products and services I share and am passionate about.
And whether a friend or follower purchases her program or not, they are now being made aware of Natalie’s work!
As you can see below on the LeadDyno software platform, 56 friends visited the site I shared, 22 friends officially signed up and three people decided to purchase.
Here are the final numbers on the dashboard.
The Truth Behind Being an Affiliate:
It may seem quite easy to simply share a link and make a few thousand dollars, but honestly, it takes a lot of work.
Firstly, I had to have built a brand and an email list of people who may be interested in the program.
Secondly, it takes quite a lot of mental energy (as I’m new to the affiliate world) to decide when to post, who to tag, who to personally email, and when to follow up.
Thirdly, I offered a special bonus (value $997 CAD) for people who signed up through my link. So as an extra incentive for ambitious women entrepreneurs to join the Conquer Club, they received this bonus to work with me as part of my Media Magnet Group Coaching Course.
And finally, I also invested $444.23 CAD in creating Facebook ads to promote a live webinar I was running with Natalie. So it definitely required an investment as well.
There you have it friends! That’s my first experience of being an affiliate for a premium priced program!
I’ve learned quite a lot, and know I have so much more to learn!
P.s. if you want to learn more about passive income head to my past blog post about it here.