Summary
A profitable paid ads funnel is like a money-making machine. When it's set correctly, it can bring in more money than it costs to operate.
It's important to determine the value of a customer sign-up. For example, if the total money spent by all sign-up customers is divided by the number of sign-ups, and it equals $10, then that's your target cost per signup.
If you can acquire leads through platforms like Meta, Google, or YouTube for less than this target cost, you are making a profit.
Similar strategies can be applied to boost traffic to high-ticket affiliate articles or increase webinar sign-ups, leading to more revenue.
Utilizing effective and well-timed paid ads can significantly enhance your online money-making success.
Video
How To Take Action
I would suggest starting by identifying what actions or signups are most valuable for your business. Calculate the average value of a sign-up by dividing the total revenue from all customers by the total number of sign-ups. This number tells you how much each signup is worth.
Next, a good way of doing cost-effective advertising is to use paid ads on platforms like Meta, Google, or YouTube. Your goal should be to acquire new leads for less than the value of a sign-up. For instance, if each sign-up is worth $10, aim to spend less than that amount on each lead. This way, you'll ensure that your funnel is profitable.
Try applying these strategies to boost traffic for your other revenue streams, such as high-ticket affiliate articles or webinar sign-ups. Use ads that are timed well and tailored to your audience to maximize engagement and conversions.
Finally, remember that tweaking your paid ad funnel is ongoing. Monitor your ad spend and income regularly to ensure you're not spending more than you're making. This will help you optimize your strategy continuously, focusing on what's working best without burning through your budget. Implementing these actionable steps can help turn your advertising efforts into a money-making machine!
Full Transcript
when you get a profitable paid ads funnel it's like having an infinite money glitch machine let me explain how this works with an example when people come to Authority Builders there's a lot of things they can do on the site but one very important action they can take is signing up and getting access to the internal dashboard I'm using fictitional numbers here but we can determine the value of a signup as the total value that sign up customers have ever spent divided by the total number of signups let's say that's $10 if you can then use paid ads like this on platforms like meta Google and YouTube to acquire leads for less than $10 you're making a profit and there's tons of other customer actions you can do this for as well like getting traffic to your high ticket affiliate articles your webinar signup pages I did a deep dive on paid ads and profitable funnels called don't do this if you want to make money online so make sure to check it out after you finish here
