Referral Network FAQ’s

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FAQ’s

 

Terms:

  • IIL: iimagine.life
  • PO: Partnership Opportunity
  • Partners: users that have been approved to send referrals to each other
  • Creator: user that creates the PO
  • Referrer: user that sends referrals to a PO
  • PIK: payment in kind

 

How does it work?
You can generate revenue by:
  • Allowing other members to refer customers to you – you make money from the new customer and pay a fee to the referrer. OR
  • Sending referrals to other members – you get paid a fee for referring customers to another member. 
How do I receive referrals?
Follow these steps if you want to receive referrals. After signing up you will be asked to:
  1. Create a brief description about yourself or your business (160 characters)
  2. Upload a profile pic
  3. Invite people to follow you (optional)
  4. If you want to receive referrals, create a free or premium “Partnership Opportunity” (PO). You will outline some simple criteria about the customers you would like other members to send to you and what you are prepared to offer in return. 
  5. Other members will discover your partnership opportunity by searching the PO listings. If they are interested in your PO, they will follow you and send a request to be accepted as Partner (this is done with one click). You can approve or decline anyone at your discretion. You can agree to use a standard partnership agreement provided by IIL (with one click) or negotiate your own.  
  6. Your partners start sending you leads aand/orcustomers. You can accept or reject any referral. You can you partners can follow all of the referral activity on your dashboards. 
  7. You compensate your partners according to the terms in your PO.
How todo send referrals?
Follow these steps if you want to send referrals: After signing up you will be asked to:
  1. Create a brief description about yourself or your business (160 characters)
  2. Upload a profile pic
  3. Invite people to follow you (optional)
  4. Review the Partnership Opportunities (“PO’s”) listed by other members, find PO’s that request the type of customer that you believe you can refer to the listing owner.
  5. Request to be a “Partner” of the listing owner (just requires one click)
  6. After being approved as Partner, start sending referrals.
  7. The listing owner will approve or reject referrals. You can follow all of the referral activity on your dashboard.  
  8. You will be compensated according to the terms listed in the PO. 
What does it cost?
It’s free! If you want extra exposure you can pay for a Featured Listing. 
Why should I create a following?
Let’s say you’re having a slow month in your business and you decide to create a new PO to generate an inflow of leads or customers. There are three way to generate interest in your PO:
  1. Your followers. If you have 3 followers, your PO might not be very successful. If you have a thousand followers your PO is much more likely to be successful. The more followers you have (especially, highly motivated and engaged followers) the more control you have over your revenue – and it’s free!
  2. Organic listings. Your PO will appear in the organic search results. This will work well if there is high demand and small supply of PO’s like yours. However, if there is there is a high supply and low demand you should consider a Featured listing.
  3. Featured listings. You can always spend a little money to get more eye balls on your PO.
There’s another BIG reason to create a following. If you invite people that are not members of IIL to follow you, they will become your affiliates. This means that you will earn a commission on anything they buy from IIL for as long as they are members.
 
Why should I join now?
It’s a social network (and the only one of its kind). The people that join early get the biggest benefits as a result of lower competition in the early days. For example, if you are a digital agency and become an early member of IIL then create a PO then you will have the following advantages:
  1. There will be less digital agencies on the platform so you will have a very small amount of competition.
  2. It will be easier to attract followers (referrers) because you will have less competition.
  3. You will build authority on the platform before your competitors join the platform so you will have an in built advantage for the indefinite future.
This is the summary – it costs nothing, it takes a few minutes to setup and it can result in a huge influx of new customers. Your upside is massive. Your downside is zero.
 
Does IIL take a cut of the deal?
No. Simple as that.
 
Why should I join? What’s in it for me?
You can make money without spending any money. You can do it as an individual or a business.  
 
For businesses
What’s the single most important thing you want most? Customers! There are people in your city and all over the world that are prepared to send you customers if you offer them something in return. You can offer 3 things:
1. Pay them cash for a lead.
2. Pay them cash for a sale.
3. Pay them with a Payment In Kind (“PIK”) – “in-kind payment” of products and services. 
  
For individuals
You can make money by simply referring leads and customers to the people that created a PO on IIL. You don’t need a website, any experience or any money. You can act as a matchmaker between members on IIL or refer people from outside IIL. The leads and customers you send to the creator of a PO can be people you know or people you don’t know. The only criteria that you need to meet is the criteria outlined by the creator in the PO.  
 
Can I make money if I don’t have a business?
You can make money by simply referring leads and customers to the people that created a PO on IIL. You don’t need a website, any experience or any money. You can act as a matchmaker between members on IIL or refer people from outside IIL. The leads and customers you send to the creator of a PO can be people you know or people you don’t know. The only criteria that you need to meet is the criteria outlined by the creator in the PO.  
 
How do creators and referrers agree on terms
You can agree to use a standard partnership agreement (provided by IIL) with one click or negotiate your own. We do not restrict the way you want to do business. 
 
What does “Creator” and “Referrer” mean?
A Creator is the person or individual that created a PO (Partnership Opportunity). A Referrer is the individual or business that referred leads or customers to the creator of the PO.
 
How much money can I make?
It’s impossible to predict how much money you can make. For example, some PO’s will pay as little as $5 for a referral while others will pay more than $10,000 for just one referral that converts into a sale. We suggest you review the PO’s to get an idea of which PO’s have criteria that you can meet. Then simply prioritize the PO’s after giving consideration to things like: how much time it will take to generate referrals, how easy or difficult it will be to meet the criteria of the PO and how much money do you stand to make in return for your time and effort. 
 
I don’t have much business experience. Can I still make money?
Yes. Anyone can create a PO and receive referrals and anyone can send referrals to a PO. We will be providing a lot of free training to assist people ranging from beginners to advanced soon. Watch out for the training in your “My Home” dashboard. We will also email you when any new training is ready.
 
How do I get strategic partnerships?
Create a PO seeking strategic partnerships rather than just transactional partnerships.