Many people looking for a passive income system don’t know where to start. “How do I set up a passive income system?” has been one of the most common questions we’ve received from affiliates.
Is This Passive Income System REAL?
When I first saw this headline, I was skeptical. And I’m sure you are too. Regardless, I love hacking funnels to see what techniques other online marketers are using. So being the curious online marketer that I am, I went to check it out…
Once inside, I realized that this passive income system is legit!
They provide a done-for-you sales funnel, created originally by Sebastian Gomez, and all you need to do is sign up for an account and swap out the affiliate links with your own links… once you start earning, you can swap out the social proof images and the videos with your own. This typically helps gain the trust of new users visiting the funnel.
What Investments are Involved?
The following programs are connected with this particular funnel strategy:
- Provide Your Email [Cost: FREE]
- Clickfunnels [Cost: FREE for 14 days – then $97]
- AWeber [Cost: FREE for 30 days – then $19]
So as you can see, your initial investment is $0. No investment. Essentially this is a cyclic style funnel. What that means is, as you get new people signing up, you provide them with bonuses and trainings to help get them signups, then they provide the bonuses and trainings to their sign ups, etc, etc.
Don’t worry, you don’t need to create the bonuses & trainings – they’re done for you!
Let me explain further.
If you bring in people to the FREE portion of the funnel, which is the up-front 4 day training/bootcamp, you begin to grow your email list. The training has about a 30% opt-in rate.
In addition to that, those leads that complete the 2nd step and sign up for Clickfunnels, will earn you $38.80 + $38.80/month recurring. So essentially you only need to get 3 people to sign up in your first 2 weeks to pay for your software subscription (which is the backbone of the system).
To take this all one step further, you provide your affiliates with tons of awesome bonus trainings, value on facebook, follow ups via emails, etc to help them to get to know you and trust you. This in turn, creates a bond that makes them want to continue with the program and follow you – that way, you keep getting those recurring monthly passive incomes.
As you can see, the system as a whole, works extremely well. The key to success with this system is CONVINCING your leads that if they follow your instructions and steps to a T – they will reap the benefits. (and also following up with them to follow through on actually DOING the steps).