Nathan Barry explains how Geekpack uses SparkLoop to pay creators for referrals, paying about $1.13 per engaged lead. The strategy automates signup tracking and scales by increasing budget to get more qualified signups.
SparkLoop. Oh my gosh, it's unreal.
Yeah. So for anyone who doesn't know, explain what SparkLoop is and how it works.
We pay for engaged leads and like that's the key that so many of my other kind of entrepreneur friends didn't get because I put money into, you know, Meta's hands all the time and our cost per lead is a lot.
Only a portion of them are engaged.
Yeah. So with SparkLoop, you pay a certain amount every month and you get all these new leads and they go through this magic Geekpack automation in Kit, and if they're engaged under your parameters, after a month you pay that, that very small amount.
So like $2 per engaged?
Yes, we're like $1.13. And I said to my team member, let's pay more, like raise that budget and get more.
And you're paying it to other creators who are recommending Geekpack and saying, I think what you're doing is great, I would love to get paid to further your mission.
Yes, it's unreal.
