The Million Dollar Passive Income Challenge: One step to living the dream

Have you ever imagined making a million dollars in passive income and living the life of a millionaire? I know that sounds like a wild dream, but trust me, it’s totally possible – especially if you have the right tools in your hands.

When I first started my journey to creating a passive income stream, I knew I needed a plan to move forward with. That’s when I discovered the combination of Affiliate Marketing and Sales Funnels and it changed everything.

Today, I’m going to share my personal insight on how you can build a scalable affiliate marketing based online business model with unlimited passive income.

You only need two things that have become absolute game-changers for me in the affiliate marketing industry, and with the right strategy, they can help you grow your business to a six-figure or even seven-figure income. It’s not just a buzz word statement, it’s a real working system, applying it you will maximize your income with minimal investment.

A secret system with unlimited passive income potential

Passive income is money earned without actively participating in income generating activities. You ask, “how to create your own passive income machine of a million dollars?”, and I will answer – you need to choose the right affiliate network with high-ticket offers and software to build sales funnels! This is the secret sauce that combines in-demand services and sales automation to do the hardest work for you.

By the end of this guide, you’ll have a step-by-step plan on how to start promoting high-ticket offers, creating effective sales funnels, and harnessing the power of recurring revenue for long-term, sustainable success. Let’s dive in and learn how to start and conquer your “Million Dollar Passive Income Challenge” journey!

Why PartnerStack and ClickFunnels are the perfect match

If you’re puzzling over how to choose an affiliate network to promote and how to create a funnel, I’m ready to walk you through step-by-step, share everything I’ve learned from personal experience, and warn you against rookie mistakes.

1. What is PartnerStack?

Before we get into tactics, let me introduce you to PartnerStack, an affiliate network that has completely changed the way I approach affiliate marketing. Unlike traditional networks, PartnerStack focuses on quality and in-demand SaaS (Software-as-a-Service) products that often come with recurring commissions – meaning you get paid as long as the customer remains a subscriber.

This is very important for creating passive income. Recurring income allows you to accumulate commissions over time, turning one-time sales into long-term income. For example, FreshBooks, a popular accounting software, offers up to 30% recurring commissions. Imagine promoting this tool to small businesses and freelancers who use accounting software on a month-to-month basis.

On average, about 14,000 new businesses (including employer and non-employer firms) open every week in the US alone. These are all your potential clients, can you imagine the scale for your promotions?

The PartnerStack platform also provides access to hundreds of other great offers such as Monday.com, Webflow and Asana – all of which are high quality software solutions with excellent commission structures. The key here is to choose products that people will stick with for the long term.

2. ClickFunnels are the second thing you need for success

Now let’s talk about ClickFunnels. If you’re serious about maximizing your affiliate revenue, you need a tool like ClickFunnels to create highly optimized and high-conversion funnels. This all-in-one software allows you to create sales funnels that lead potential customers from the moment they land on your page to making a purchase. And here’s the kicker: a well-built funnel can significantly increase your conversion rate.

I’ve personally seen funnels created on ClickFunnels convert 10-15%, while standard landing pages without a funnel usually convert around 2-3%. That’s a huge difference! This is why pairing PartnerStack offers with ClickFunnels is so powerful. You’re not just sending traffic to a random page – you’re guiding it through a carefully crafted sales process designed to maximize conversion.

A step-by-step guide to building your system

Now let’s figure out how to use these tools and build your own system:

Selecting the right offer on PartnerStack

The first step in the Million Dollar Passive Income Challenge is choosing the right offer to promote. When reviewing offers on PartnerStack, I look at three key factors:

• Recurring commissions: Offers that pay you every month for the life of the customer are gold
• Niche relevance: Choose products that fit the needs of your audience. If you have a blog or social media users, choose products that will really solve their problems
• Proven experience: Some offers are better than others. I usually study reviews or case studies to see how well a product works before deciding to promote it

For example, if you promote a SaaS tool like Thinkific, which offers 30% recurring commissions, and bring in just 10 customers paying $99/month, that’s $297/month in passive income. Multiply that across several offers, and it becomes evident how quickly you can scale. In fact, PartnerStack boasts some of the highest conversion rates across affiliate programs due to the quality of their SaaS partnerships.

Creating a high-conversion landing page with ClickFunnels

Once you’ve chosen your offer, the next step is to create a high-conversion landing page using ClickFunnels. A great funnel does three things:

1. Attracts the right audience
2. Increases conversion rates through optimized landing pages
3. Upsells additional products

Your landing page should focus on the main pain points your target audience faces and how the product you’re promoting can solve those problems. Here’s what a successful landing page should include:

• Headline: Grab attention with a clear, compelling headline that immediately addresses your audience’s needs. Something like “Streamline your web design process with Webflow” might work
• Benefits: Highlight the main benefits of the product, rather than just listing its features. For example, “Save time with drag-and-drop functionality and create websites 50% faster” focuses on the real benefits
• Call to Action (CTA): Make your CTA clear and action-oriented. Instead of “Learn more”, use something like “Start building faster websites today”.

Example of a funnel in action

Let’s say you’re promoting AWeber via PartnerStack. A well-designed ClickFunnels funnel might consist of a lead magnet, such as an eBook or webinar, followed by an offer for AWeber. Using A/B testing within ClickFunnels, you can tweak your headlines, calls to action, and design elements to improve your conversion rate. On average, A/B testing can improve conversions by 15-30%, according to studies by Optimizely.

Real-world numbers

With a typical click-through rate (CTR) for Facebook ads at around 1.61% and conversion rates for landing pages sitting between 2-5%, optimizing your funnel with ClickFunnels could potentially double or triple your earnings. Case studies show how well-constructed funnels turn even modest traffic into revenue-generating machines.

Using ClickFunnels, I was able to optimize my landing pages and increase my conversion rate by up to 23%. Remember, your funnel doesn’t end at the landing page. You can continue to connect with potential customers through email sequences, which brings me to my next point.

Lead magnets and email funnels

Building an email list is one of the most effective ways to consistently drive traffic to your offers. Here’s a simple strategy I use:

• Lead magnet: Offer something of value in exchange for an email address. This could be a free ebook, a checklist, or a webinar related to your niche. For example, if you’re promoting FreshBooks, offer a free guide on “How to Save Time on Accounting for Small Businesses.”
• Email sequencing: After collecting emails, get busy warming them up with a well-designed email funnel. Start with educational content to build trust and then gradually introduce your affiliate offers. I’ve seen email marketing generate a return of $42 for every $1 spent, so don’t underestimate its potential.

How to drive traffic to your landing pages

When promoting SaaS products, there are several strategies to attract the right audience to your landing pages:

Paid advertising:

• Search engine advertising: Google Ads, Microsoft Ads (ex Bing), Yahoo, etc. Use search engine advertising to bid on relevant keywords such as “best project management tools” or “collaboration software”. Customize PPC (Pay-Per-Click) ads to target people who are actively looking for these solutions.
• Social media advertising (LinkedIn Ads, Facebook, Reddit): Use detailed targeting options to promote to top executives and decision makers. Sponsored content or InMail ads (LinkedIn option) can be used to reach professionals directly.
• YouTube ads (video marketing): Create short video ads that demonstrate product features, emphasizing how quickly users can implement SaaS products into a business. Use TrueView In-Stream ads to show the video to people viewing relevant content on YouTube.
• Native advertising (Outbrain/Taboola): Use native advertising platforms like Outbrain or Taboola to promote blog content related to sales funnel management, with subtle promotion of Pipedrive within the content.
• Influencer marketing (Instagram/YouTube): Partner with influencers on Instagram or YouTube who are creating educational or productive content. They can show how the advertised software improves and eases workflow, allowing you to focus on more important things.

Free traffic sources:

• Content marketing (blogging and SEO): Create in-depth blog posts on keywords related to project management, productivity, and team collaboration. Optimize these posts for SEO by including relevant long-tail keywords, such as “best project management software for small teams” and “how to improve remote team collaboration.”
• Social media marketing (organic posting): Build a strong presence on social media platforms by posting valuable content on a regular basis. Using Canva as an example, this could include sharing design tips, user-generated content, and success stories of companies that have utilized Canva’s services. Use trending hashtags such as #graphicdesign, #digitalmarketing and #smallbiz.
• Work with influencers (no fee): Find micro-influencers who are already creating content on productivity, writing, and self-improvement. Offer them free access to the premium version of Grammarly, for example, in exchange for a shoutout or review on their platforms (YouTube, Instagram, or personal blogs).
• Online communities and forums: Join online communities related to your niche. For Teachable (example), these could be forums for teachers, online course creators, or entrepreneurs. Share tips, answer questions, and provide useful information on how Teachable can be a great platform for posting and selling courses.

I will not describe each source of traffic in detail, they all have their own peculiarities and each requires a separate attention, which can stretch to a whole article or even a series. In addition, you can familiarize yourself with 25 hidden sources of traffic. Tip: each program has its own promotion rules, familiarize yourself with them before setting up your ad campaigns.

Scaling to $1 million in passive income

Once you’ve decided on the right offer and set up your funnels that show results and make sales, it’s time to scale and here’s how to achieve that:

1. Analyze the effectiveness of your funnel

Once your funnel is up and running, it’s important to track its performance. ClickFunnels provides built-in analytics to help you track key metrics such as:

• Click-through rate (CTR)
• Conversion rate
• Average Order Value (AOV)

By paying attention to these metrics, I’ve been able to make data-driven decisions that continually improve my campaigns. One of the most important metrics is cost per acquisition (CPA) – how much it costs to get a new customer. If your CPA is lower than the commissions you’re earning, you’re on your way to scalable profits.

Advanced tactics: A/B testing and optimization

While setting up your funnel is important, what really separates top performers from the rest is optimization. I’ve seen firsthand how A/B testing in ClickFunnels can boost conversion rates by testing different headlines, CTAs, or even different colors on your landing pages. A/B testing helped me take a funnel that was converting at 2% and increase that to 8% over time.

Case study: Increasing conversions

I tested two different funnels for the Monday.com affiliate program. By tweaking just the headline and adding a countdown timer, I increased my conversions by 23%. That’s the power of continuous optimization!

2. Scaling paid ads to get traffic

Paid advertising is a great way to bring traffic into your funnel if it converts well. I recommend starting with a modest budget of $500 per month and using platforms like Facebook Ads, Google Ads, or LinkedIn Ads to attract a targeted audience. You can increase your budget as your funnel becomes more profitable.

For example, I’ve found that Facebook Ads can be very effective when promoting SaaS products. You can use laser-targeted ad campaigns to reach business owners, freelancers, or members of specific industries that would benefit from the tools being promoted.

When and how to scale to go Big

Once your first funnels are performing well, it’s time to scale. But don’t rush – start by increasing your ad budget gradually, ensuring you maintain a positive ROI at every stage.

Example: After running small-scale campaigns promoting FreshBooks through PartnerStack, I increased my budget by 20% every week. Over time, this allowed me to go from earning $500/month to over $3,000/month with minimal additional effort. According to HubSpot, scaling campaigns like this can result in a 5X return on ad spend when executed correctly.

3. Leveraging retargeting for maximum impact

Retargeting is another strategy that can dramatically improve your results. Many people don’t convert the first time they visit your funnel, but with retargeting ads (on platforms like Facebook or Google), you can reach out to those visitors again, increasing the likelihood of conversion. Retargeting allowed me to recover 30% more sales that would have otherwise been lost!

Example: If you’re promoting Typeform via PartnerStack and someone visits your landing page but doesn’t sign up, retargeting them with a personalized ad reminding them of the value they left behind can boost conversion rates by as much as 30%.

4. SEO for long-term traffic growth

While paid ads are great for quick wins, incorporating an SEO strategy ensures long-term traffic to your funnels. By targeting long-tail keywords relevant to the offers you’re promoting (such as “best software tools for small businesses” or “top SaaS affiliate programs”), you can drive steady traffic to your content and funnels without continuously paying for ads.

For example, writing blog posts or creating YouTube content around these keywords can bring organic traffic to your site, increasing your overall exposure. I’ve personally used this method to complement my paid traffic strategy, and it’s now responsible for about 40% of my total conversions.

5. Automating your business

Once your funnel is up and running, it’s time to automate it! Automation frees you from the day-to-day tasks and allows you to focus on scaling your business. Here are a few ways to do this:

• Outsourcing: Hire virtual assistants or media buyers to manage your campaigns.
• Email marketing automation: Use tools like AWeber or ConvertKit to automatically follow up with customers through email sequences.

6. Community and networking

Lastly, I can’t stress enough the importance of community when taking on a challenge like this. I’ve personally benefited from joining ClickFunnels’ Facebook group and engaging with fellow affiliates in PartnerStack’s community forums. Networking with other marketers has helped me exchange tips, learn from mistakes, and stay motivated. There are always new trends, offers, and strategies emerging, so staying connected is key to staying ahead.

Free trials and low barriers to entry

You might be thinking, “What if this doesn’t work for me?” That’s a fair concern. However, the beauty of affiliate marketing with PartnerStack and ClickFunnels is that the risk is minimal. You don’t have to hold inventory or deal with customer service. And, as I’ve mentioned, with ClickFunnels’ free trial and PartnerStack’s free affiliate programs, you’re able to test the waters without risking your own money.

The only real investment is your time and effort. But with the right tools, strategies, and some persistence, the potential upside far outweighs any initial hesitation.

Example of investment vs. returns

Affiliate marketing can be done on a budget. However, if you’re using ClickFunnels, which starts at $97/month, plus a modest ad budget of $5-10/day on Facebook, you could see significant returns once your funnel is optimized.

Let’s say you spend $150/month on ClickFunnels and Facebook ads. If your funnel converts just 5 sales a month, at a commission rate of $50 per sale (standard for SaaS products), you’d net $250 in profit. That’s a 66% return on investment (ROI), which can grow as you optimize your funnel further.

Real income projections and case studies

One of the most exciting aspects of this challenge is the opportunity to generate significant income with minimal start-up costs. When I first started, I was amazed that PartnerStack offered recurring commissions – some as high as 30%! For example, if you promote a $100/month SaaS product, you can earn $30/month per sale, every month. If you get 50 customers through your ClickFunnels funnel, your recurring revenue would be $1,500 per month. Imagine if you could increase that to 500 or 1000 customers!

This isn’t just a theory – there are real people using this exact model. In a Facebook group, I was talking to an affiliate who grew his income from $500/month to over $30,000/month in one year by simply changing his ClickFunnels strategy and focusing on high-yield offers from the PartnerStack marketplace.

How to get started with PartnerStack and ClickFunnels

Ready to start your journey? Head over to PartnerStack’s website and sign up for their affiliate program. Choose a few products that resonate with your audience and have high recurring commissions.

Next, sign up for a 14-day free trial of ClickFunnels and start creating your funnel. Don’t forget to use the strategies above to create high-converting pages, email sequences, and lead magnets.

Take action today!

The best time to start building your passive income empire is right now. The tools are at your fingertips, and with the right strategy, you can be earning thousands in no time. Take action today – sign up for PartnerStack and ClickFunnels and start your Million Dollar Passive Income challenge!

Conclusion: Your path to a million dollars

This challenge is all about creating a business that works for you. By combining the power of PartnerStack’s recurring commissions with the funnel building capabilities of ClickFunnels, you can get on the path to generating serious passive income. Don’t wait – take your first steps today!