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matt: What is this new plugin?

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You're launching siren affiliates.

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I'm seeing it.

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I'm seeing you talk about it on Twitter.

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We'll get into like your marketing and
behind the scenes and all that stuff.

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But what, what does this plugin do

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alex: Well, at its core, Siren,
it's an affiliate plugin.

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at least that's the easiest way I
can describe it to people who've

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never seen anything like it.

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basically it allows people to create
different and varied, affiliate plugins

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or programs, but not just like the
basic ones that you've thought of.

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So you can create those.

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But you can also create all kinds of
different ways to collaborate together

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That fall outside of what you might
think of as an affiliate program.

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So let me give you a quick
example Just to help with that.

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Let's say like on Chris's podcast.

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I talked about this a lot, but like
I Let's say you wanted to create a

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multiple course creator program where
you have a Platform where there's

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multiple course creators on a single
site and you want to be able to pay them

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based on their viewership You Right.

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And you want to pay them a
percentage of the profits based

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on like how many people completed
their course and stuff like that.

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Each month, Siren is built so that you
can create diverse programs in that way.

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matt: when people hear affiliate plugin?

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Immediately their radars go off, right?

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They're like, Oh my God, affiliates.

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Number one, they're like,
I'll never do affiliates.

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alex: Yeah.

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matt: Then there's like that whole
persona of Affiliate marketers where

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people might be like turned off by it
What do you think that differentiator

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is for the way that you're approaching
this market with this product?

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Are you are you looking at that going?

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You know what?

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I'm gonna try to flip that narrative
a little bit or are you saying nah,

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man That's where the money's made
whether you like affiliates or not Like

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I'm just gonna lean into that market
and that's just where we're headed

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alex: Yeah.

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It's, it's kind of both to be honest.

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but it's, it's more of the, the
former, the first thing you said.

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So basically the, the big thing for me
is that affiliates got a bad affiliate

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programs have historically had a bed rep,
bad rep because of the insincerity of it.

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Right.

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So people who will refer your business.

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may or may not have
ever used that business.

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And it's very clear that they're
just in it for the money.

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And, you know, it kind of creates this
inauthentic experience as a result.

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but then on the flip side of that,
another thing that a lot of people talk

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about is, they'll create an affiliate
program and it just doesn't work, right?

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Like they, they don't see any,
any traction with it, or they'll

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get people to sign up and nobody
will actually do anything with it.

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And, I've actually been spending
a fair bit of time just creating

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educational resources on my website
as well to like kind of combat

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some of those things because it
doesn't have to be that way, right?

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This can be an authentic relationship
between you and your affiliates and

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your affiliates can have authentic
relationships with their audience and

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still create really meaningful affiliate
programs without it feeling smarmy and,

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and, you know, snake oil salesman like.

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matt: One of the things that I find, or
I found interesting in that interview,

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and again, I'll link it up in the show
notes, and we'll, and I actually just

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wanted to unpack this, this part of it.

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I've been exploring a lot.

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Again, back to sort of like the roots
of what I did with the Matterport

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many years ago is exploring the, the
roots of, freelancers getting into

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the game of, of WordPress, right?

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Client services, designing sites,
building sites, maintaining sites.

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And I think, as I've been saying
through this, podcast for a while

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now that I think we're going to see
a resurgence of services business.

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I mean, I'm already seeing
it, but, I think we're, we're

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going to see this again, and.

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What you were talking about is it doesn't
just have to be like affiliate or the

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way that you've modeled this plug in
and correct me If I'm wrong, it doesn't

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have to be about this Oh, I'm selling
a plug in or I'm selling a product and

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you're gonna get 30 percent No service
providers can also use your product

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is is is what I heard Unpack that for
me because I think a lot of service

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providers Providers in the beginning.

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They're like, I don't even
know how to grow my, I don't

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know how to grow my business.

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I don't know how to find clients.

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You know, I want to
partner with other people.

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Maybe I want to give them a cut.

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So let's unpack that whole using
this for a services business.

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alex: Oh, yeah.

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I just wrote like a 2000 word blueprint
on this exact topic on the blog the

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other day So this the one of the big
things about siren that makes it really

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powerful is you can create more than one
program with it So instead of just having

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a single monolithic affiliate program
that's supposed to do like everything

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you can create multiple programs.

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And that's really relevant to people
who are doing service based businesses

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because their products, the customer's
journey to the purchase tends to be, a lot

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longer than say you're buying, you know,
an iPhone case or something like that.

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you know, you can with a single
interaction with an affiliate.

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On a website, decide that you're
going to go through an entire customer

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journey and buy an iPhone case.

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That's not really the case with,
with service based things, right?

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So, the, as a result that that
process is a lot longer and there's

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a lot more steps in that process.

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And because of that, people tend
service based people tend to look

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at it and go, Oh, well, affiliate
programs won't work for me because

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I'm not selling phone cases.

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Right.

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But really, if you look at it with
Siren, because there's multiple programs,

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all those different touch points in
the journey can have a program that's

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specifically tailored for that so
that you can credit all the people who

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have helped, that customer through the
journey to converting to you at the end.

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So if you have maybe you have a, a,
a program that's specifically for

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podcasters who are talking about
things related to your service.

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You can create a program for them
so that whenever they talk about

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it, they can send a lead to you.

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Right.

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And then you can get credit for, they
can get credit for that lead if that lead

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ever actually converts in the future.

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And then it also gets really
interesting for service based

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companies whenever you start thinking
about this, like by the vertical.

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So maybe I'm a web development agency and
I want to go and work and, I want to serve

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the breweries, like the brewing industry.

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Right.

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And I want to specifically start going,
I start going to their conferences.

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I started going to those events and I
started doing talks about, you know,

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like web development and web solutions.

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through the lens of what
a brewery would need.

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And then you can take that.

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And while you're there, of
course, you're looking for

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customers and things like that.

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But you could also be looking for
potential affiliates, potential people

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who can collaborate with you who are
have, a business in that niche as well.

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But they also aren't
your competitor, right?

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So they're not going to be your customer,
but they're not your competitor.

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These are great opportunities
for people to be able to, you

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know, refer business to you.

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So you work with those people, you
get them signed up on the program,

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and then you give them an opportunity
to get a little bit of a kickback

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whenever, you know, they refer you.

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matt: just talking to, Mark Samansky, who
co hosts a lot of live streams with me

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at the WP minute, and we're just talking
about the, The industry today, right?

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We're talking about, you know,
I ran an agency for a decade.

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It's been nearly a decade
since I've done that.

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you know, I left it about
seven, eight years ago.

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still runs today.

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My father still runs it, still
got a team, et cetera, et cetera.

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But, you know, I've, I've gone through
the whole highs and lows of being an

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agency owner, being a service provider.

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Stuff and he's, you know, he was
telling me the other day, man, Matt, you

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know, the industry is different today.

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You can't get these customers to pay,
you can't get them to deliver content.

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And I'm Mark, you're saying all the
same things I struggled with 20 years

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ago, it just, it sounds the same.

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The tools might be different, right?

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We have whatever Gutenberg bricks
elements or all these things now.

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yes, it's a, it's a lot more
competitive, but what I like.

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Particularly when I was listening to you
talk about this stuff is you should as

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an freelancer, an agency owner, create
a product that you could sell more

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affordably like a course, like a guide,
something that's a little more one off.

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There's no commitment, but
you know, you're profitable.

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The customer is getting value from it
and it's high ticket enough or higher

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priced enough, I guess, where you could
pay out an affiliate to say, Hey, I'm

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If you recommend this course for my
services, you'll get a little money too.

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With all that being said, is there
from what you've seen so far,

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is there like a sweet spot, like
minimal for a course or a guide or

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something like that where you should
be thinking, well, it should be 200.

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That way you can give.

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100 to an affiliate.

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Is there a formula you work with on
figuring out like what that payout

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or what that price point should be?

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alex: Yeah.

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So I have a, I have a, I
base it on the profit margin.

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so if you've got a really good
profit margin, you know, you

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should be offering like 25%, 30
percent even, for your affiliates.

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If your profit margin is a little tighter.

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Then, you know, you've got to
obviously scale down your profit,

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your, your payout based on that.

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most of the time I generally just
recommend for, for service based companies

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to, to do a percentage, just because it's,
it's the easiest one, it's scales well,

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and, you don't have to change everything.

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Every time you change the
pricing or anything like that.

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and also it's easy to plan for, right?

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Because from a budget perspective, you can
say, okay, well, I know that at most I'm

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going to end up losing, you know, giving
away this percentage to my affiliates

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and the rest of it comes to my business.

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but what you were saying a minute
ago about having lower costs, more

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affordable products to sell, I think
is a really key component of this,

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for service based companies, because.

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the way I always put it is give
them something to sell, right?

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Like they can't sell a custom WordPress
website solution or even, you know,

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anything like that, anytime it gets
into the realm of custom and there's

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questions and there's discovery at
all, it's going to be a real, it's not

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going to be as easy, they can generate
leads for you, but they're not going

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to be able to actually convert for you.

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So, by creating something that is, you
know, packaged up and has a defined

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scope, You know, something like a
website audit or a course, or maybe

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even a build for a single webpage or
setting up a site or something like that.

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There's all kinds of different options
here, but it has to be something that has

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a small fixed scope that you can charge,
you know, for a couple hundred dollars,

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you know, maybe more, but usually,
you know, a few hundred dollars is.

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It's a pretty good range there, and you,
give that to your affiliates and you

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let them focus on converting on that.

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Then you're able to, use that as a
part of the customer journey, right?

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But the key thing here is
the affiliate got paid.

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Already, right?

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So they got their commission.

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They they're doing the thing
they're doing their conversion.

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You're giving them something to convert.

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And, all while you're doing that and
you're building this thing, you're

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building that rapport with that
customer at that same time, right?

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So while you're doing that.

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while you're serving them and you're
getting paid for this, you're actually

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getting paid to learn about this
customer and learn what their needs are.

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And that tends to lead to bigger and
better projects for that customer.

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Or maybe you, you know, you do this
project and you realize you don't

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want to work with this person and you
decide, you know what, after this,

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I'm just going to, I'm just going
to pump the brakes and, and move on.

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matt: On the website, you have
two platforms siren affiliates.

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com You have two platforms in
the primary nav woocommerce and

00:12:13.494 --> 00:12:18.879
and lifter lms technically I'm
assuming, but you can fill me in.

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Technically, if somebody were selling a
200 course slash guide, and you were an

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affiliate to that, and then the person
had an upsell in the back end for, let's

00:12:29.099 --> 00:12:31.749
say that 1, 500 website build out, right?

00:12:31.749 --> 00:12:36.509
Maybe they do a website in a day kind of
thing, but the lead in is that 200 course.

00:12:37.199 --> 00:12:41.079
Technically, you know, if you sell
that 200 course, but then that

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same person who bought that course
buys the 1, 500 website build.

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Is there technically a way to glue
that together where the affiliate is

00:12:50.249 --> 00:12:52.619
making money on that 1500 sale as well?

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alex: Oh yeah, for sure.

00:12:54.734 --> 00:12:55.504
it's, it's not.

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I mean, it's not, that's not the default
behavior, but it's definitely doable.

00:12:59.044 --> 00:13:02.504
I mean, if, if something converts,
you know, over, you can, you

00:13:02.504 --> 00:13:03.564
can, you can definitely do

00:13:03.634 --> 00:13:06.404
matt: because I can, because that's one
of the challenges and I was going to put

00:13:06.404 --> 00:13:10.914
you on the hot seat a little bit on the,
on the, on the web services side is while

00:13:10.914 --> 00:13:14.554
it's easy for us to say, yeah, you know,
you make the course and lead these people

00:13:14.554 --> 00:13:20.564
in, but if your meat and potatoes is, I
don't know, 5, website, 5, 000 website,

00:13:20.564 --> 00:13:24.524
I mean, minimally 2, 500 bucks, you're,
somebody's going to want to talk to you.

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All right.

00:13:25.094 --> 00:13:27.154
Like they're going to, they're
going to be like, Hey, so, you

00:13:27.154 --> 00:13:28.584
know, tell me about this service.

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What other sites have you built?

00:13:29.984 --> 00:13:30.379
You know, yeah.

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Maybe you'll get by 25,
but 5, 000 certainly you're

00:13:33.349 --> 00:13:34.749
having a phone call, right?

00:13:34.989 --> 00:13:36.559
And, and that's the part where.

00:13:37.169 --> 00:13:38.729
An affiliate might lose out.

00:13:39.179 --> 00:13:43.559
Is there like some kind of manual
reciprocity that you have in the

00:13:43.559 --> 00:13:47.279
software where somebody says, Oh, you
know what, let me pay out Alex because

00:13:47.419 --> 00:13:51.339
I can manually pay out Alex because I
know that's a customer he sent and I can

00:13:51.349 --> 00:13:53.019
manually pay him through the software.

00:13:53.059 --> 00:13:53.829
Does that exist?

00:13:53.839 --> 00:13:54.489
Is that a thing?

00:13:55.474 --> 00:13:55.724
alex: Yeah.

00:13:55.724 --> 00:13:59.464
That's an option, but technically the
way I would approach this, if, if I

00:13:59.464 --> 00:14:04.144
was trying to sell a 5, 000 product
directly on my website and I wanted

00:14:04.144 --> 00:14:07.764
to use an affiliate program for it,
I wouldn't create a single program.

00:14:07.834 --> 00:14:10.694
I would end up creating
probably two, at least two.

00:14:10.914 --> 00:14:14.934
to one of the programs would be focused
on generating leads, which is more akin

00:14:14.934 --> 00:14:16.534
to the traditional affiliate program.

00:14:16.804 --> 00:14:19.654
the leads, they don't get paid for
those leads until the lead actually

00:14:19.654 --> 00:14:23.234
converts, like actually makes a
purchase, but they will get credit

00:14:23.294 --> 00:14:24.964
when that conversion happens.

00:14:25.294 --> 00:14:29.024
And then I also have, would have a second
program that's focused on sales, right?

00:14:29.024 --> 00:14:30.574
So it's more traditional salesmanship.

00:14:30.604 --> 00:14:33.854
it might be, you know, doing
webinars, conversion focused webinars.

00:14:33.884 --> 00:14:34.714
It might be.

00:14:35.189 --> 00:14:38.859
you know, taking those calls, doing
the scope or, or outsourcing the scope

00:14:38.859 --> 00:14:42.469
or doing whatever needs to be done to
be able to actually make that happen.

00:14:42.499 --> 00:14:42.679
Right.

00:14:42.679 --> 00:14:46.199
And obviously those two programs are
very different in terms of how much they

00:14:46.199 --> 00:14:50.079
pay out and you know, what each person
gets, maybe the lead is on a fixed

00:14:50.079 --> 00:14:55.089
rate, maybe they, they get a, you know,
a hard stop at 200 for a conversion.

00:14:55.119 --> 00:14:58.159
It could be a percentage as
well for that lead based one.

00:14:58.169 --> 00:15:00.119
It just depends on how
you want to approach that.

00:15:00.169 --> 00:15:00.469
Right.

00:15:00.569 --> 00:15:03.179
but by creating two
programs, you're essentially.

00:15:03.579 --> 00:15:06.919
Solving the problem that you're
talking about where, you want to make

00:15:06.919 --> 00:15:11.209
sure that an affiliate does get the
opportunity to be able to actually earn

00:15:11.219 --> 00:15:15.399
the credit for bringing that lead in
the first place and having the two part

00:15:15.399 --> 00:15:18.229
approach like that works really well
because they need each other, right?

00:15:18.229 --> 00:15:18.949
The leads.

00:15:19.299 --> 00:15:21.489
The lead generators need the
salespeople to convert and the

00:15:21.489 --> 00:15:24.139
salespeople need the lead generators
to bring them the leads in the first

00:15:24.329 --> 00:15:29.649
matt: And when you think about that
strategy, is that program like the lead

00:15:29.659 --> 00:15:31.499
program, does that have to be free?

00:15:31.549 --> 00:15:33.269
Do you recommend it be free?

00:15:33.279 --> 00:15:35.999
Something that somebody opts
into and then the upsell.

00:15:36.279 --> 00:15:39.379
Or do you think nah man, today people
should just opt in for at least a

00:15:39.379 --> 00:15:42.439
hundred bucks, couple hundred bucks
to buy this thing because everyone's

00:15:42.439 --> 00:15:43.869
getting better value out of this?

00:15:45.189 --> 00:15:49.509
alex: I think that the lead program
is really just for me, it's, it's

00:15:49.509 --> 00:15:51.189
literally just a link and affiliate link.

00:15:51.199 --> 00:15:52.979
So if I, you know what I mean?

00:15:52.979 --> 00:15:56.949
So if I I'm driving traffic to a specific
landing page, it could also be, you know,

00:15:56.949 --> 00:16:00.189
like they, they fill out a form with like
gravity forms or something like that.

00:16:00.199 --> 00:16:00.549
And.

00:16:01.034 --> 00:16:04.754
whenever that form is filled out, that
counts as the lead and that awards

00:16:04.754 --> 00:16:09.884
the lead to a specific affiliate so
that whenever, that lead converts

00:16:09.884 --> 00:16:11.694
later on, then they get credit for it.

00:16:12.219 --> 00:16:12.619
matt: Gotcha.

00:16:13.179 --> 00:16:18.149
Yeah, I mean, again, I think that,
going back to the freelancer,

00:16:18.149 --> 00:16:21.909
especially the freelancer who, you
know, might be struggling, this is a

00:16:21.909 --> 00:16:26.019
great way to differentiate yourself.

00:16:26.354 --> 00:16:26.674
Right.

00:16:26.674 --> 00:16:30.384
Using a, using a, having a program like
this and then also thinking, well, let

00:16:30.384 --> 00:16:35.164
me start with an entry level course,
whatever that might be, or guide, because

00:16:35.174 --> 00:16:39.824
finding those clients and networking
are two components that are really hard

00:16:39.824 --> 00:16:43.304
in the beginning, but once they sort
of snowball together and that thing

00:16:43.304 --> 00:16:46.274
starts rolling down the mountain, that's
where the business is made, right?

00:16:46.364 --> 00:16:50.964
You know, referrals from not just
customer like word of mouth, but, Yeah.

00:16:50.964 --> 00:16:50.994
Yeah.

00:16:50.994 --> 00:16:51.024
Yeah.

00:16:51.184 --> 00:16:53.604
You know, if you're in the WordPress
space, a lot of us spend time talking

00:16:53.604 --> 00:16:57.814
to other folks in the WordPress space,
we need to know who, what do you do?

00:16:57.844 --> 00:16:58.744
What do you stand for?

00:16:58.744 --> 00:16:59.784
What's your differentiator?

00:16:59.794 --> 00:17:02.294
So that when I talk to somebody else,
I go, Oh, you know, go check out that

00:17:02.304 --> 00:17:05.684
thing that Alex has, or go check out
that thing that Matt has or Mark has.

00:17:05.694 --> 00:17:07.444
And I know where I can send you.

00:17:07.474 --> 00:17:11.314
And if I can make a few bucks off,
off the side of it, even better,

00:17:12.344 --> 00:17:13.504
it's even, it's even better.

00:17:14.264 --> 00:17:14.714
Um,

00:17:16.759 --> 00:17:18.109
back to the hot seat for a second.

00:17:18.109 --> 00:17:20.249
I want to talk about the
pricing that you have right now.

00:17:20.249 --> 00:17:21.779
Now we're recording this May 20th.

00:17:21.799 --> 00:17:24.589
You are set to launch June, July?

00:17:25.099 --> 00:17:25.519
June 4th.

00:17:26.179 --> 00:17:27.829
49 lifetime deal.

00:17:29.459 --> 00:17:29.999
So the hot,

00:17:30.064 --> 00:17:30.724
alex: little crazy.

00:17:30.724 --> 00:17:30.964
I know.

00:17:30.989 --> 00:17:34.639
matt: seat is 49 bucks and lifetime deal.

00:17:34.949 --> 00:17:36.649
Tell me about that decision.

00:17:37.164 --> 00:17:40.864
alex: Yeah, it's, it's, I've
been describing it in my internal

00:17:40.864 --> 00:17:43.314
monologues as stupidly low.

00:17:43.384 --> 00:17:46.934
and I'm aware of that and it's not, it's,
it's not going to be there for long.

00:17:46.974 --> 00:17:47.794
I'm going to be honest.

00:17:47.804 --> 00:17:52.034
The, the goal and the entire reason
why I'm doing it is because I want

00:17:52.034 --> 00:17:53.664
to get this plugin in people's hands.

00:17:53.804 --> 00:17:55.104
I want to see people trying this.

00:17:55.234 --> 00:17:56.314
I want to see people using this.

00:17:56.344 --> 00:17:58.464
I'm interested in helping them succeed.

00:17:58.484 --> 00:18:00.324
And I want to learn what.

00:18:00.944 --> 00:18:03.954
People, how people are using this
so that I can build it better.

00:18:04.324 --> 00:18:09.604
And the quickest way for me to do that
is to offer a ridiculously low deal

00:18:09.644 --> 00:18:14.414
that, you know, I'm only ever going
to offer once I'm literally never,

00:18:14.624 --> 00:18:16.944
ever going to make this offer again.

00:18:17.054 --> 00:18:19.524
and it's, it's just this
one time, this one moment.

00:18:20.164 --> 00:18:25.794
to, you know, get people in and, I mean,
it pays to be the early bird for sure.

00:18:25.804 --> 00:18:26.104
In this

00:18:26.229 --> 00:18:30.179
matt: We'll call it Alex's almost
ridiculously free plan because I

00:18:30.179 --> 00:18:32.419
mean, it's 49 for a lifetime deal.

00:18:32.419 --> 00:18:36.199
It's, it's pretty much free, at the,
at that point, especially if you're

00:18:36.334 --> 00:18:36.514
alex: Yeah.

00:18:36.514 --> 00:18:37.354
I'm basically giving it

00:18:37.414 --> 00:18:38.324
matt: you're making money off of it.

00:18:38.634 --> 00:18:39.964
So, let's unpack it.

00:18:40.224 --> 00:18:43.834
What's your strategy for finding,
for finding affiliates for, for

00:18:43.834 --> 00:18:45.094
this plugin, what are you doing?

00:18:45.094 --> 00:18:46.694
I know you're appearing
on podcasts, of course.

00:18:46.694 --> 00:18:49.134
What else are you doing to sort
of rally the troops to, to join

00:18:50.244 --> 00:18:52.564
alex: Well, obviously I'm going
to come, I'm doing exactly what

00:18:52.564 --> 00:18:53.484
I was just saying a minute ago.

00:18:53.484 --> 00:18:55.064
I'm going to vertical
specific conferences.

00:18:55.074 --> 00:18:56.974
In my case, that starts
with WordPress, right?

00:18:56.994 --> 00:18:59.794
I'm really well networked in this
space, so I'm just starting there.

00:18:59.824 --> 00:19:02.514
I've actually already had a
few people reach out to me.

00:19:02.919 --> 00:19:05.379
And I've asked, to be on
the affiliate program.

00:19:05.549 --> 00:19:07.199
So there's, there's that too.

00:19:07.289 --> 00:19:10.639
I've been noodling around the idea
of creating a blog content bonus

00:19:10.639 --> 00:19:14.879
program on my site to allow people
to write content on sirenaffiliates.

00:19:14.909 --> 00:19:18.329
com and get credit for whenever
anybody reads their post.

00:19:18.904 --> 00:19:22.164
I've been thinking about a few different
other ideas on top of that, that I'm,

00:19:22.234 --> 00:19:26.834
I'm not quite ready to announce or
any say anything about yet, but mom,

00:19:27.114 --> 00:19:29.984
the gist is pretty much, yeah, I'm
going to start by networking, talking

00:19:29.984 --> 00:19:33.224
to people, talking to the YouTubers
in the space, the podcasters, the.

00:19:33.854 --> 00:19:38.574
You know, the, just the, the media
in general around WordPress and then,

00:19:38.734 --> 00:19:43.334
probably start branching out into more
generic, places outside of this space.

00:19:43.614 --> 00:19:46.874
but really I'm just kind
of, I'm starting with one.

00:19:46.874 --> 00:19:48.204
I know, and I know WordPress

00:19:48.514 --> 00:19:50.524
matt: a, you could buy yourself
a hazmat suit before you go

00:19:50.524 --> 00:19:51.514
to an affiliate conference.

00:19:52.904 --> 00:19:53.374
alex: probably.

00:19:53.374 --> 00:19:58.264
I

00:19:58.339 --> 00:19:59.809
matt: the fallout series on Amazon?

00:20:00.979 --> 00:20:01.249
All right.

00:20:01.529 --> 00:20:03.579
And there's, it's you know,
they're whatever it is.

00:20:03.589 --> 00:20:06.669
It's there's a utopia inside,
you know, where they are.

00:20:06.669 --> 00:20:07.539
Everything's great.

00:20:07.539 --> 00:20:10.019
And then you go out to the, like
this nuclear wasteland and it's Oh

00:20:10.134 --> 00:20:11.074
alex: it's like desolate.

00:20:11.154 --> 00:20:11.514
Yeah.

00:20:12.569 --> 00:20:15.629
matt: I know that's not, not
the way it all is, but, it's the

00:20:15.629 --> 00:20:19.079
unfortunate stigma because, yeah, I
mean, I get bombarded all the time

00:20:19.089 --> 00:20:22.839
with folks who are in the WordPress
space, making WordPress products.

00:20:23.169 --> 00:20:25.789
And they're just like, Hey,
you know, review our stuff.

00:20:25.789 --> 00:20:26.909
We'll give you this affiliate link.

00:20:26.909 --> 00:20:28.669
And it's just constant noise.

00:20:29.079 --> 00:20:31.589
and the relationship side is really.

00:20:31.944 --> 00:20:34.264
you know, where I want to exist.

00:20:34.264 --> 00:20:37.744
Like I want to have a relationship
with trusted software and maybe

00:20:37.774 --> 00:20:41.164
like 80 percent of the time, not
even get paid out for anything.

00:20:41.164 --> 00:20:42.814
I just want to recommend good stuff.

00:20:43.384 --> 00:20:43.874
talk to me,

00:20:44.364 --> 00:20:44.974
alex: And honest,

00:20:45.094 --> 00:20:45.834
matt: No, you unpack that.

00:20:46.914 --> 00:20:47.114
alex: Okay.

00:20:47.164 --> 00:20:49.294
honestly, I mean, that's
kind of a big thing.

00:20:49.294 --> 00:20:52.924
So I've got a, I've got a guide that
I wrote for, people to talk about

00:20:52.924 --> 00:20:54.574
how to build their affiliate program.

00:20:54.654 --> 00:20:59.174
And that's a big recurring theme for
me whenever I'm talking about it is

00:20:59.224 --> 00:21:03.014
Your relationship with your affiliates
should be focused on authenticity.

00:21:03.044 --> 00:21:06.324
You should be focused on finding
people who are really excited about

00:21:06.324 --> 00:21:08.904
your product, actually believe in
your product and want to do this.

00:21:09.144 --> 00:21:11.544
If you're just reaching out to people
saying, Hey, you can make, if you're

00:21:11.544 --> 00:21:14.654
just reaching out to podcasters and
YouTubers, and you're just like, Hey, I've

00:21:14.654 --> 00:21:16.584
got this product, you want to sell it?

00:21:16.824 --> 00:21:18.504
They're not going to be
interested, you know?

00:21:18.894 --> 00:21:25.124
So, and, and, because, you know, you
have an audience and you realize that

00:21:25.124 --> 00:21:27.644
that audience has a value to you and.

00:21:29.289 --> 00:21:33.049
Those people and you don't want
to squander that or lose that

00:21:33.079 --> 00:21:37.469
audience Chilling out something
that doesn't feel authentic, right?

00:21:37.469 --> 00:21:39.889
all the great podcasters
and people like that.

00:21:40.179 --> 00:21:41.579
They're always authentic, right?

00:21:41.579 --> 00:21:43.249
There's always an
authenticity level to it.

00:21:43.249 --> 00:21:47.104
Even if if you think about
more traditional, like bigger

00:21:47.404 --> 00:21:49.964
affiliate program, people like
Pat Flynn comes to mind, right?

00:21:50.134 --> 00:21:52.684
With his, SPI podcast and all that stuff.

00:21:53.054 --> 00:21:58.044
smart, passive income or whatever he,
you know, he is an affiliate marketer.

00:21:58.084 --> 00:22:01.314
Like he is the first one I think of
whenever I think of affiliate marketing.

00:22:01.364 --> 00:22:04.234
And if you just listen to him, how
he talks about his relationship

00:22:04.234 --> 00:22:05.104
with affiliate marketing, right?

00:22:05.314 --> 00:22:07.044
It's always about authenticity.

00:22:07.044 --> 00:22:10.264
It's always about, I
use this product myself.

00:22:10.294 --> 00:22:12.814
I believe in this product and
therefore I'm going to recommend it.

00:22:13.754 --> 00:22:17.284
And, so I'm always saying like
people, not numbers, don't forget it.

00:22:17.314 --> 00:22:21.804
And honestly, I don't even recommend
the thing it gets me is a lot of

00:22:21.814 --> 00:22:24.304
people will be like, how do I get
my first a hundred affiliates?

00:22:24.304 --> 00:22:26.274
How do I get my first, you know,
500 affiliates or whatever?

00:22:26.824 --> 00:22:29.054
And I'm like, why are you
talking about a hundred?

00:22:29.054 --> 00:22:35.414
You need 10, you know, because, because
most, most of these programs, like

00:22:35.414 --> 00:22:39.694
if you look at almost any affiliate
program and you look at their numbers,

00:22:40.094 --> 00:22:43.314
almost all of them have this same
pattern where they'll have a thousand

00:22:43.314 --> 00:22:49.694
affiliates and 10 of them or 50 of them
pretty much do all of the sales, right?

00:22:49.904 --> 00:22:52.934
So why are you trying to get a thousand
when really what you need are 50

00:22:52.934 --> 00:22:54.894
good ones or 10 good ones, right?

00:22:54.904 --> 00:22:55.274
So.

00:22:55.599 --> 00:22:58.409
And those good ones are the
ones that are authentic and

00:22:58.409 --> 00:23:00.069
focused on those relationships.

00:23:00.079 --> 00:23:03.719
So skip that bull crap and just
find the people who are your biggest

00:23:03.719 --> 00:23:07.499
fans who have an audience who you
can run with and run with them.

00:23:07.869 --> 00:23:09.599
matt: Because it's also more problems.

00:23:09.689 --> 00:23:13.899
It's when you have, especially in the
affiliate side, when you have a thousand

00:23:13.929 --> 00:23:17.819
people in there, it's just, it's an
overhead for more issues where, you know,

00:23:17.819 --> 00:23:20.979
they're not following brand guidelines,
they're doing shady stuff with your links.

00:23:20.999 --> 00:23:23.759
You know, they're putting your
product alongside other products you

00:23:23.759 --> 00:23:25.019
don't want to be represented with.

00:23:25.019 --> 00:23:29.979
So, you know, if you, if you can cultivate
that, you know, and, and, and, It

00:23:29.979 --> 00:23:32.069
almost is, it's like the same issues.

00:23:32.069 --> 00:23:34.239
If you're building a membership
site, one of the hardest things is

00:23:34.239 --> 00:23:37.449
like engagement, getting people to
come back, doing all that stuff.

00:23:37.449 --> 00:23:41.509
So, you know, if you can work closely with
people who are also making money with you.

00:23:41.969 --> 00:23:44.009
I think it's just a better fit, right?

00:23:44.019 --> 00:23:44.569
It's a better fit.

00:23:44.569 --> 00:23:48.459
It's almost like you can almost have a
mini sales outsource sales force in a way.

00:23:48.459 --> 00:23:50.029
And it's, it's a pretty cool thing.

00:23:50.339 --> 00:23:52.849
before we start running out of
time, I want to talk about this.

00:23:53.739 --> 00:23:56.059
I don't know what you, you labeled, you
said it and I heard you talking about with

00:23:56.059 --> 00:24:00.519
Chris before too, but being able to get
paid out, by contributing to a blog, it

00:24:00.519 --> 00:24:03.979
sounds You know, it's not massive payouts,
but it's like this recurring thing.

00:24:03.979 --> 00:24:05.759
Maybe the more you blog,
the more you get paid out.

00:24:05.769 --> 00:24:08.849
Tell me about that model you've
incorporated into this plugin.

00:24:10.059 --> 00:24:10.439
alex: Sure.

00:24:10.459 --> 00:24:12.609
So, this was kind of inspired
by, I don't know if you

00:24:12.609 --> 00:24:14.239
remember, it was called Squidoo.

00:24:14.439 --> 00:24:17.839
It was a, a blogging platform
that Seth Godin made back in

00:24:17.839 --> 00:24:20.794
the two thousands where Yeah.

00:24:20.794 --> 00:24:24.804
So, so the, the concept was basically
you publish what they called lenses

00:24:24.804 --> 00:24:29.764
and they were basically blog posts on
Squidoo and, he would pay you based

00:24:29.764 --> 00:24:33.934
on the amount of traffic you got to
your site based on the revenue shares.

00:24:33.944 --> 00:24:38.114
So if you, if you, you know, if the,
if Squidoo as a whole, the blog as a

00:24:38.114 --> 00:24:42.974
whole received a thousand dollars at
over the course of a month, and you

00:24:43.284 --> 00:24:47.559
were the majority of the traffic, you're
going to get the biggest cut of revenue.

00:24:48.209 --> 00:24:48.779
Those profits.

00:24:48.779 --> 00:24:50.759
So there's all kinds of different
ways you can build these.

00:24:50.759 --> 00:24:54.699
Like siren doesn't necessarily
say let's build a blog program or

00:24:54.699 --> 00:24:55.909
let's build an affiliate program.

00:24:55.919 --> 00:24:56.949
What it says is.

00:24:57.414 --> 00:25:01.054
It lets you break it down into
three or four different things that

00:25:01.064 --> 00:25:03.174
happen in different ways to pay out.

00:25:03.234 --> 00:25:08.324
And you, you basically define when a
person gets credit for the traffic, for

00:25:08.324 --> 00:25:13.474
the, the customer, the opportunity you
put out, how much they get paid and you

00:25:13.474 --> 00:25:18.704
put out how, that money gets divided among
the people who it could, could win it.

00:25:18.714 --> 00:25:23.354
So if you wanted to pay, If you had
50 bloggers and all of them were

00:25:23.354 --> 00:25:26.094
writing content on your site, you
could actually set it up to where,

00:25:26.494 --> 00:25:30.244
at the end of the month, you know,
whoever gets, whoever wrote the most

00:25:30.454 --> 00:25:35.094
stuff gets the majority of the, the,
the revenue share for that month.

00:25:35.334 --> 00:25:40.044
Or in my case, you could, where I'm more
lead focused than I am on revenue with ads

00:25:40.044 --> 00:25:42.074
or anything like that, you can go with.

00:25:43.174 --> 00:25:45.014
Basically treating it
like an affiliate link.

00:25:45.014 --> 00:25:49.954
So if an affiliate sends, a person
to a blog post that somebody

00:25:49.954 --> 00:25:53.504
else wrote, and that per that's
two separate programs, right?

00:25:53.534 --> 00:25:53.804
Right.

00:25:53.804 --> 00:25:54.754
One's an affiliate program.

00:25:54.754 --> 00:25:56.344
One's a blog content bonus program.

00:25:56.759 --> 00:26:00.519
And both of them would be able
to get paid should that person

00:26:00.519 --> 00:26:02.149
who visits that blog convert.

00:26:02.599 --> 00:26:06.189
So you can set it up to where you
can stack these different programs on

00:26:06.189 --> 00:26:09.259
top of each other and it all kind of
lets you create, it lets you create

00:26:09.259 --> 00:26:13.269
this like organic, collaboration
between these different people, right?

00:26:13.269 --> 00:26:17.309
Because you have affiliates who
need a reason to send a link, an

00:26:17.309 --> 00:26:20.099
affiliate link or need content
to send affiliate links for.

00:26:20.374 --> 00:26:24.694
And then you have bloggers who are
writing that content and need people

00:26:24.694 --> 00:26:27.554
to send, traffic to their content.

00:26:27.944 --> 00:26:30.454
And then, you know, you've got the person
who's actually running the platform

00:26:30.454 --> 00:26:33.064
itself to be able to actually get
those conversions and earn that money.

00:26:33.094 --> 00:26:37.544
So you're able to, create these different
ways to, dynamically and organically,

00:26:37.594 --> 00:26:38.944
allow these people to work together.

00:26:39.209 --> 00:26:40.329
matt: a concept.

00:26:40.329 --> 00:26:44.119
I don't want to bore the audience
or you, but there's this concept.

00:26:44.179 --> 00:26:46.689
there's an open source side
to, to podcasting that many

00:26:46.689 --> 00:26:47.299
folks don't know about.

00:26:47.299 --> 00:26:48.824
It's called podcasting 2.

00:26:48.824 --> 00:26:49.069
0.

00:26:49.069 --> 00:26:51.989
There is their own podcast
index, equivalent to wordpress.

00:26:51.989 --> 00:26:53.309
org having a bunch of podcasts.

00:26:54.304 --> 00:26:57.664
It's the alternative to say,
Apple podcasts and Spotify

00:26:57.664 --> 00:27:00.234
directories, all that stuff.

00:27:00.794 --> 00:27:04.474
And they have a whole, open source
movement about improving RSS feeds and

00:27:04.494 --> 00:27:08.844
adding stuff to podcasting RSS, just like
WordPress improves, the RSS feed improves.

00:27:08.844 --> 00:27:10.499
And, And the anti podcasting 2.

00:27:10.499 --> 00:27:15.769
0 again, you go back to Spotify,
Apple, YouTube, those who don't

00:27:15.769 --> 00:27:19.439
want to enhance RSS cause they
want everything on their platforms.

00:27:19.859 --> 00:27:22.669
but the point I'm getting at is they
have this thing called value for

00:27:22.669 --> 00:27:26.009
value inside RSS is being pioneered.

00:27:26.229 --> 00:27:28.554
You know, the unfortunate side
of it is it's, it's being, It's

00:27:28.584 --> 00:27:30.584
pioneered by, Bitcoin technology.

00:27:30.994 --> 00:27:34.414
So you would have to use
an app that's compatible.

00:27:34.444 --> 00:27:37.914
There's a bunch of podcasting apps
that are compatible podcasting apps.

00:27:37.914 --> 00:27:38.154
com.

00:27:38.154 --> 00:27:38.684
You'll find it.

00:27:39.134 --> 00:27:42.044
and what you do is you load up a digital
wallet, you know, you buy a little bit

00:27:42.044 --> 00:27:43.724
of Bitcoin for 50 bucks or whatever.

00:27:44.074 --> 00:27:46.404
And then when you're using these apps.

00:27:46.784 --> 00:27:48.564
and a podcast is podcasting 2.

00:27:48.564 --> 00:27:54.314
0 enabled, you can actually stream what's
known as Satoshi's, the smallest form

00:27:54.314 --> 00:27:59.444
of Bitcoin to the podcaster, and you can
send them like little micro payments.

00:27:59.444 --> 00:28:02.604
So it's, it's everything
everyone's always wanted.

00:28:02.614 --> 00:28:05.504
The unfortunate roadblock
is the Bitcoin's side of it.

00:28:05.514 --> 00:28:07.194
For a lot of people, they don't like it.

00:28:07.214 --> 00:28:09.854
It's too technical, and it
is, and that's the unfortunate

00:28:09.854 --> 00:28:11.779
roadblock, but it's everything
you've always wanted from you know.

00:28:11.859 --> 00:28:13.519
your cell phone, your cable bill.

00:28:13.679 --> 00:28:17.369
You're like, I just want to pay
what I'm listening to, right?

00:28:17.709 --> 00:28:19.929
And, and they're, and they're
starting to get into courses.

00:28:19.929 --> 00:28:20.919
Now, this is where I'm going with it.

00:28:21.069 --> 00:28:24.089
They're starting to get into,
to courses and, and audio books.

00:28:24.389 --> 00:28:29.769
And basically what that means
is as As a buyer, you could only

00:28:29.769 --> 00:28:32.019
pay for what you've consumed.

00:28:32.189 --> 00:28:36.569
So, instead of paying a hundred bucks
for a course, you could, you would, there

00:28:36.569 --> 00:28:40.159
would be a set value that happens that
the course creator would, would set.

00:28:40.629 --> 00:28:44.139
And as you watch the show, or, or,
excuse me, as you watch the course,

00:28:44.139 --> 00:28:48.279
or listen to the course, you're paying
whatever adds up to a hundred bucks.

00:28:48.519 --> 00:28:52.279
But if you never finish it,
you would only pay fifty bucks.

00:28:52.384 --> 00:28:54.814
but the flip side of that and
the whole value for value thing

00:28:54.814 --> 00:28:57.224
is you could be like, you know
what, I love this course so much.

00:28:57.484 --> 00:29:00.664
I'm going to crank up the
streaming payment so that.

00:29:01.239 --> 00:29:03.979
That the creator, instead of that creator
getting a hundred bucks, I'm gonna give

00:29:03.979 --> 00:29:06.909
him three hundred bucks when I complete
this course, you know, and it kind of

00:29:07.009 --> 00:29:13.459
adds this dynamic to the whole, content
consumption, side of things, I don't

00:29:13.469 --> 00:29:16.469
have no question there, that was just a
soapbox moment because that's what your,

00:29:16.719 --> 00:29:21.179
that's what your blogging, scenario sounds
like to me, it's You create content.

00:29:21.189 --> 00:29:23.629
If it's valuable and people
come, I'll pay you out.

00:29:23.859 --> 00:29:26.479
They're kind of doing this now
with podcasting, but in a more

00:29:26.719 --> 00:29:28.649
technical, you know, sense.

00:29:28.759 --> 00:29:32.229
And I think it's a really cool way
to start thinking about creating like

00:29:32.229 --> 00:29:35.829
these content communities and other
avenues for, for content creators.

00:29:36.929 --> 00:29:37.769
alex: Yeah, for sure.

00:29:37.869 --> 00:29:41.649
It's, it's, I'm, I'm really
excited about all of that.

00:29:41.689 --> 00:29:45.999
Cause I think that, we need more
options like that for content.

00:29:46.089 --> 00:29:49.009
especially with what's going on with, you
know, a lot of bloggers and stuff with

00:29:49.039 --> 00:29:53.249
Google and everything that's happening,
related to them having to pivot, right.

00:29:53.249 --> 00:29:55.769
Because Google is changing their
algorithm and all that stuff.

00:29:56.564 --> 00:30:01.434
I, the thing that gets me is all of this
stuff kind of ties into that idea, the

00:30:01.434 --> 00:30:06.034
idea of Loosening that grip a little to
me like if we're gonna get really like big

00:30:06.034 --> 00:30:10.459
and heady like that's that's kind of what
I think About a lot with this is like the

00:30:10.459 --> 00:30:15.609
siren to me kind of feels so fundamental
to the web in a lot of ways, where it's,

00:30:15.659 --> 00:30:20.089
it's, you know, if you think back to like
blog roles and you think about like people

00:30:20.089 --> 00:30:23.929
who were, you know, had a list of just
links of other websites that they liked

00:30:23.969 --> 00:30:25.309
just because they thought they were cool.

00:30:25.309 --> 00:30:29.099
And like the entire web was interconnected
just by a series of websites that

00:30:29.099 --> 00:30:30.509
were like connected to each other.

00:30:30.509 --> 00:30:30.729
Right.

00:30:30.729 --> 00:30:32.339
It was federated in a lot of ways.

00:30:32.899 --> 00:30:38.159
And, I, A lot for me, like
the vision of siren isn't just

00:30:38.159 --> 00:30:39.279
to be an affiliate program.

00:30:39.289 --> 00:30:46.659
It's to be a way to allow, a company or
a business like that to incentivize and,

00:30:46.709 --> 00:30:51.839
you know, give credit to people for that
kind of thing to help them everywhere

00:30:51.839 --> 00:30:56.354
from a full on sales, like You know, a
car dealership, literally just creating

00:30:56.354 --> 00:31:01.484
a whole sales platform on their site,
using it, but also like for people who are

00:31:01.484 --> 00:31:04.674
trying to do, to monetize and, and help.

00:31:05.154 --> 00:31:08.784
writers actually get paid for their
writing without necessarily relying

00:31:08.794 --> 00:31:10.454
on ad revenue and stuff like that.

00:31:10.879 --> 00:31:11.219
matt: Yeah.

00:31:11.259 --> 00:31:13.859
It's, you know, it's, yes, a hundred,
we could talk about this forever.

00:31:13.859 --> 00:31:17.879
Like the silos of social, social media,
you know, what if, what if, okay.

00:31:18.019 --> 00:31:21.619
RSS really won the technical war, 20 years

00:31:21.704 --> 00:31:21.834
alex: Oh

00:31:21.929 --> 00:31:22.149
matt: right?

00:31:22.149 --> 00:31:26.349
If, if we all had an RSS link, like
we have a website, and every, and

00:31:26.349 --> 00:31:27.539
it was just a ubiquitous thing.

00:31:27.549 --> 00:31:29.429
Everybody understood what RSS was.

00:31:29.699 --> 00:31:31.109
And you'd be like, oh yeah,
just go to my RSS link.

00:31:31.119 --> 00:31:32.909
That's where all my content comes out.

00:31:33.374 --> 00:31:37.454
it's the freest way of delivering
content to the entire world, yet

00:31:37.464 --> 00:31:40.254
humanity chose social media platforms.

00:31:40.514 --> 00:31:44.744
Because they were faster, sexier,
and, you know, you did a lot of cool

00:31:44.744 --> 00:31:47.054
things, started sharing photos with
people, then you could like it, and

00:31:47.054 --> 00:31:48.574
be like, oh my god, this is amazing.

00:31:48.774 --> 00:31:51.809
Meanwhile, RSS is standing in the
corner going, no, We could do the

00:31:51.809 --> 00:31:56.549
same things with this old antiquated
technology and you would own it, right?

00:31:56.549 --> 00:31:59.199
There'd be no ads in between your content.

00:31:59.759 --> 00:32:00.089
alex: I know.

00:32:00.089 --> 00:32:01.029
It could have been so great.

00:32:01.079 --> 00:32:02.179
I think about it all the

00:32:02.344 --> 00:32:03.644
matt: Google knew it, right?

00:32:03.644 --> 00:32:05.944
That's why they killed off, killed RSS.

00:32:06.574 --> 00:32:09.934
And, and they just killed their podcast
app, which is you know, now, now, now

00:32:09.934 --> 00:32:13.094
they're telling people like, oh, YouTube's
going to be the savior of, Podcasts.

00:32:13.094 --> 00:32:13.744
Yeah, like that.

00:32:13.884 --> 00:32:17.064
What don't you realize they're doing it

00:32:17.149 --> 00:32:18.009
alex: I've been on this.

00:32:18.429 --> 00:32:19.819
I've been on this ride before.

00:32:20.749 --> 00:32:21.709
I know where this is going.

00:32:22.254 --> 00:32:23.054
matt: Alex is fantastic.

00:32:23.064 --> 00:32:23.754
Conversation.

00:32:23.804 --> 00:32:24.834
siren affiliates.

00:32:25.094 --> 00:32:25.434
com.

00:32:25.444 --> 00:32:26.964
We're going to get this episode
out because I know you're

00:32:26.964 --> 00:32:29.244
launching on the 4th, June 4th.

00:32:29.534 --> 00:32:32.374
right now, if you're hearing this and
it's still available, I'd grab that

00:32:32.384 --> 00:32:34.894
49 lifetime, almost free crazy deal.

00:32:35.224 --> 00:32:36.284
that Alex has put together.

00:32:36.284 --> 00:32:37.784
Siren affiliates.

00:32:37.984 --> 00:32:39.744
com anywhere else, Alex,
you want folks to go.

00:32:40.959 --> 00:32:41.169
alex: nope.

00:32:41.199 --> 00:32:41.869
That'll be alright.

00:32:41.944 --> 00:32:42.954
matt: Alex, thanks for hanging out today.

00:32:44.059 --> 00:32:44.399
alex: Thanks.