Month: January 2022

  • How to Get More People to Join Your Online Membership: Two Scenarios

    How can I get more people to join my online membership?

    If you have a membership, you might have asked yourself this question… many times in facts.

    As online business owners, I think a lot of us think we need to be running fb ads in order to be ‘successful’.

    But running fb ads in 2019 is a lotttt different than running fb ads in 2022 – they aren’t as reliable as they used to be.

    I want to share with you a very powerful example of why I recommend starting with Affiliates to promote your membership *before* you run facebook ads to it!

    Scenario A: Promoting Your Membership with Facebook Ads 

    Let’s say you have an ads budget of $500 that you want to use to grow your membership.

    You create ads that send sign ups to your opt in, then send those people through your sales funnel to enroll them into your membership.

    Let’s say your ads are converting at $2 per opt in. 

    Based on this math, it’s likely you will get 250 people to sign up through your ad and go through your sales funnel.

    Let’s be generous and say your sales funnel is converting 5% of the people who go through your sales funnel.

    250 people x .05 conversion rate = 12.5 sign ups  

    $1,212.50 in income

    Facebook Ads Budget = $500.

    Profit you are left with: $712.50

    If your membership is $97 a month, you need roughly 5 sign ups to enroll in your membership just to break even on your ads budget.

    The other 7 sign ups account for actual revenue.  #yay

    Is this doable? Absolutely! 

    But when you are first starting your membership, you might not have $500+ to invest in Facebook ads {or it might feel super risky to do that when the results aren’t guaranteed!}

    Or you might have a membership that can’t be marketed with ads for whatever reason (such as weight loss memberships or s_x love and relationship coaching memberships) and so FB ads aren’t even something you can set up if you wanted to.

    So I also want to show you what the data looks like if you work with affiliates to send people through your funnel instead of running Facebook ads.

    Scenario B: Promoting Your Membership by Working with Affiliates

    Let’s say you have 3 people who want to be affiliates for you, and you’ve offered them a 20% one-time commission as your affiliate.

    Let’s also say those 3 affiliates send your funnel 250 new opt ins.

    And if your sales funnel is converting at 5%, so 12.50 new people sign up for your $97 membership. 

    (more…)