I have been really excited to announce that I have a new side project that I want to share with you guys. This new project is called LiveChat Inc. and it was founded by Jason Allemann. I got the opportunity to speak with Jason regarding his new venture and how he built his initial audience.
The Idea for LiveChat Inc
Jason came up with the idea for LiveChat Inc after noticing a common problem among his own audience and many other online communities.
He found that many people were interested in hearing from businesses about their products and services but didn’t want to spend time doing any marketing on their own. So he created a space for those people to come together.
Since its inception, the company has grown rapidly. They now have nearly 70 employees and the reach of their community continues to grow.
How Does the Company Generate Revenue?
Right now, LiveChat Inc. is still in its early stages. However, they have already begun generating revenue by selling affiliate products, such as software and services related to their niche. They also have a few small sponsorships lined up. But, for the most part, they are still trying to figure out how to generate revenue.
They are incredibly active in the affiliate marketing space and have developed quite a following because of it. If you are looking to get into the affiliate marketing sector, you could definitely do worse than join a community like this where the majority of the members are already engaged in online marketing and know exactly what platforms and strategies can be used to make money online.
The Rise of Online Communities For Affiliate Marketers
It is important to note that, although there are many platforms and communities for affiliate marketers, not all of them are created equal. In fact, some are much better than others when it comes to providing value and building a community around a particular interest.
One of the most prominent and most successful communities for affiliate marketers is Foundry. Let’s take a quick look at how they operate.
An Audience Of Demand
Users come to Foundry looking for products related to their niche, whether it is web design, mobile development, or SEO. When they find these products, they can click on “read reviews” to see product listings with curated reviews from other community members.
Users can also add their own reviews or comment on existing reviews. In addition, if a product has an “affiliate program” associated with it, then the user can sign up for an account and begin earning commissions.
These products typically range from $5/month to $30/month, depending on the plan they choose. To put that into prospective, if a user spends just $5/month on a product that earns $30/month in commission, then they are practically making $2/day just from that product alone. Not bad for just spending 15 minutes on a daily basis.
A Space for Demand Generation
One of the biggest differences between Foundry and other communities is that they are extremely active in the demand generation phase. In other words, they don’t just passively provide information to their audience but instead actively seek out potential customers and generate demand for their products.
They do this using a combination of SEO, social media, and email marketing. To see what they are doing, let’s take a quick look at their SEO strategy.
Keywords And Rankings
They are extremely focused on keywords and rankings. When they establish themselves as a Top 10 for their chosen keywords or come up with a winning bid on a sponsored ad on Google, they will see a spike in both traffic and revenue.
To be clear, they do a lot of work to establish their keyword rankings and monitor their performance regularly. But when they see a significant jump in either traffic or revenue, they know that they have accomplished what they set out to do.
Consistent And Effective
This is also why they were able to generate revenue so quickly. Before they even had a single line of product and were still just exploring the concept of an affiliate marketing community, they had already amassed a following and were effectively building out a business that was raking in the cash.
They have also made a concerted effort to be consistent and effective in their approach. Instead of rushing into things and trying to “beat the system”, they take their time building out an SEO strategy that will generate the most revenue possible from their chosen keywords. The fact that they have been so effective should come as no surprise as they were the result of years of experience in the field.
Why Should You Be Part of This Community?
If you’re looking to enter the affiliate marketing sector, then you should definitely consider joining a community like Foundry. Not only do they have a proven track record of success, but they are also actively seeking new members to help grow their community and help them continue raking in the revenue.
How Has The Community Grown?
Since its inception, the community has grown rapidly. They now have nearly 70 employees and the reach of their community continues to grow.
As you can see from the stats above, they have over 500k monthly active users and over 150k weekly active users. And even though they are still in their early stages, they have already generated millions of dollars in revenue.
If you’re looking to get into affiliate marketing or want to become a successful affiliate marketer, then there are many different communities that you can choose from. But if you want to join a community of demand generation professionals who are already making money online, then you should definitely consider joining a community like Foundry.