How to Generate Revenue Through Strategic Collaborations Without Ad Spend

How to Generate Revenue Through Strategic Collaborations Without Ad Spend

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Author: Jeremy Haynes | founder of Megalodon Marketing.

Table of Contents

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Look, I’m about to hand you one of the most slept-on strategies for scaling to million-dollar months that doesn’t involve you dumping more cash into ad accounts.

Everyone’s out here trying to crack the code on scaling their ad campaigns, surfing budgets, optimizing CPAs – and don’t get me wrong, that stuff matters. I literally just walked you through how I took a campaign from $1K to $36K in a single day in my other blog.

But here’s what nobody talks about.

There’s a whole separate game you can be playing that costs you literally nothing in ad spend and can add tens of thousands, sometimes hundreds of thousands, in additional revenue per month.

It’s called the collaboration flywheel. And if you’re not leveraging it right now, you’re leaving a stupid amount of money on the table.

Let me break this down for you.

But before that, Members of My Inner Circle are already scaling to $1M+ and beyond. This isn’t for beginners. It’s only for operators already at $100k+ per month who want proven strategies, speed, and focus. If that’s you, apply here.

Strategic Collaboration Definition and Framework Overview

First, let’s get clear on what I’m talking about because when most people hear “collaboration,” they think of some fluffy partnership where two brands post about each other once and call it a day.

That’s not what this is.

The collaboration flywheel is a systematic approach to leveraging other people’s audiences, credibility, and distribution channels to generate demand for your offer without spending a dime on ads.

Think about it like this. You’ve already built an audience. You’ve already got warm traffic. You’ve already got people who know, like, and trust you.

Well, guess what? There are dozens, maybe hundreds of other people in adjacent markets who have the exact same thing. And their audiences would probably love your offer.

The question is: how do you tap into that without it feeling like some weird, transactional thing that benefits nobody?

That’s where the flywheel comes in.

Borrowed Credibility vs Cold Traffic Interruption Marketing

Here’s the thing about ads. And I love ads. I run millions in ad spend for my clients. I’m not anti-ads by any stretch.

But ads are interruption marketing.

You’re literally interrupting someone’s day, hoping your message is compelling enough that they stop scrolling and pay attention to you. And when you’re targeting cold traffic, you’re starting from zero trust.

Collaborations are different.

When someone you trust introduces you to another person or brand, that trust transfers. It’s called borrowed credibility. And it’s one of the most powerful forces in marketing. Research shows that word-of-mouth marketing generates twice the sales of paid advertising.

If I go on someone’s podcast and I deliver massive value for 60 minutes, their audience starts to see me the way they see the host. They trust me because the host trusts me.

Same thing with guest blog posts, joint webinars, bundle deals, affiliate partnerships – all of it.

The demand you generate from collaborations is warmer, stickier, and converts at a higher rate than cold traffic ever will.

How Each Collaboration Compounds to Generate More Opportunities

Now, here’s where this gets really interesting.

Most people treat collaborations as one-off events. They do a podcast, get some traffic, and then move on. They do a webinar with someone, get some sales, and that’s it.

That’s leaving money on the table.

The flywheel approach means you’re setting up systems where each collaboration leads to the next one. And each one compounds on the previous ones.

Here’s how it works.

You start by identifying 10-20 people in your niche or adjacent niches who have audiences that would love your offer. Not competitors. Adjacent players.

If you sell fitness coaching, you’re looking for people in nutrition, mindset, productivity, health optimization. People whose audiences overlap with yours but aren’t direct competitors.

You reach out and propose a collaboration. Could be a podcast interview, a joint webinar, a guest blog post, a bundle deal, an affiliate partnership – doesn’t matter. The format is secondary.

What matters is you deliver massive value to their audience. You don’t pitch. You don’t sell. You just show up and drop bombs.

At the end, you give a soft CTA. “If you want to go deeper on this, I’ve got a free training at this link.” Or “I’ve got a resource you can download here.” Something that moves people from their audience into your ecosystem.

Now here’s where the flywheel kicks in.

When you deliver value on someone else’s platform, three things happen:

One, their audience starts following you. They join your email list. They follow you on social. They become part of your warm audience.

Two, the person you collaborated with sees that you delivered value and didn’t just pitch your stuff. They’re more likely to promote you again in the future.

Three, other people in your niche see that you were featured on that platform. And now they want to collaborate with you.

See how this compounds?

Identifying and Prioritizing Strategic Collaboration Partners

The first step is building your hit list.

You need to identify 20-50 people who have audiences that would benefit from your expertise. And you need to be strategic about this.

Don’t just go after the biggest names in your niche. They’re getting hit up constantly and they’re less likely to say yes unless you already have a relationship with them.

Start with people who are one or two levels above you in terms of audience size. If you’ve got 5,000 email subscribers, you’re looking for people with 10K-25K subscribers.

They’re big enough that the collaboration moves the needle for you. But they’re small enough that they’re still accessible and they actually need good content partners.

Make a spreadsheet. Track their names, audience size, platforms they’re active on, and what type of collaborations they typically do.

Some people love podcasts but never do webinars. Some people do tons of guest blog posts but don’t have a podcast. You need to know this before you reach out.

Once you’ve got your list, you start reaching out.

Proven Outreach Framework for Landing Collaboration Opportunities

Most people suck at outreach. They send some generic message that’s clearly been copy-pasted to 100 other people. And they wonder why they get ghosted.

Here’s the framework that works.

First, you lead with value. You’ve got to show them you actually know their work and you’re not just blasting everyone.

“Hey [Name], I’ve been following your work on [specific thing] and I loved your recent piece on [specific topic]. The way you broke down [specific insight] was brilliant.”

That’s your opener. It shows you’re not some random person who found them through a Google search.

Next, you make the connection.

“I work with [type of clients] helping them [specific result], and I think there’s a ton of overlap with your audience. I’ve been able to help my clients [specific outcome], and I think your audience would find a lot of value in some of the strategies I use.”

Now you make the ask.

“Would you be open to me coming on your podcast / writing a guest post / doing a joint webinar? I’d love to deliver a ton of value to your audience and I’m happy to promote it to my list as well.”

That last part is key. You’re not asking them to do you a favor. You’re offering to bring value to their audience AND promote it to yours. It’s a win-win.

Most people will say yes if you position it right.

Five High ROI Collaboration Formats and When to Use Each

Let me walk you through the main types of collaborations you can run and when to use each one.

Podcast Interviews

This is probably the easiest one to land. Most podcasters are constantly looking for guests. You show up, deliver value for 45-60 minutes, and you’re done. Research shows that podcast advertising and guest appearances generate high engagement and trust with audiences.

The key is to not pitch your stuff the whole time. You tell stories, share strategies, and give actionable takeaways. At the end, the host usually asks where people can learn more, and that’s when you drop your link.

Joint Webinars

This is higher effort but higher reward. You and the other person co-host a webinar. You both promote it to your lists. You both deliver value on the webinar. And you both benefit from the new leads.

The trick here is to make sure you’re both bringing equal value and equal promotion. If one person’s doing all the work, it’s not sustainable.

Guest Blog Posts

If the person doesn’t have a podcast but they have a blog with good traffic, offer to write a guest post. You deliver a killer piece of content, they get free content for their site, and you get a backlink and exposure to their audience.

Make sure you’re writing in their style and tone. Don’t just repurpose something from your own blog. Customize it for their audience.

Bundle Deals

This one’s underrated. You team up with 5-10 other people in your niche and you each contribute a product or training to a bundle. You all promote it to your lists. Everyone gets a cut of the sales. Everyone gets exposure to everyone else’s audiences.

I’ve seen bundle deals generate six figures in a single launch. And the best part is you’re not cannibalizing your own sales because you’re offering something unique to the bundle.

Affiliate Partnerships

This is the most transactional one, but it works. You become an affiliate for someone else’s product and promote it to your audience. They become an affiliate for your product and promote it to theirs.

The key is to only promote stuff you actually believe in. If you’re just shilling random products for a commission, your audience will see through it.

Content Delivery Standards That Generate Repeat Invitations

Here’s the thing. You can land all the collaborations in the world, but if you don’t deliver value, you’re not getting invited back. And you’re definitely not getting referrals to other people’s audiences.

So when you show up, you need to bring your A-game.

That means no fluff. No surface-level advice. No regurgitating the same stuff everyone else says.

You need to go deep. You need to share strategies that are actually working for you right now. You need to give specific examples, numbers, case studies.

If you’re on a podcast, tell stories. People remember stories way more than they remember stats or frameworks.

If you’re doing a webinar, give people a step-by-step process they can implement immediately. Not theory. Tactics.

If you’re writing a guest post, make it the best piece of content on their entire blog. That’s how you get invited back.

Converting Collaboration Traffic Into Paying Customers

Now, here’s where most people drop the ball.

They do the collaboration. They get some traffic. And then they just hope those people buy something.

That’s not a strategy.

You need to have a clear path from the collaboration to revenue. And that usually means having a lead magnet or tripwire offer that’s specifically designed for people coming from collaborations.

Let’s say you just did a podcast interview about scaling Facebook ads. At the end, you offer a free download: “The 7 Facebook Ad Campaigns Every Business Needs.”

People download it. They get on your email list. And now you’ve got a sequence that nurtures them and eventually pitches your core offer.

Or maybe you do a webinar on email marketing. At the end, you offer a $47 email template pack. It’s a low-ticket offer, but it’s relevant to what you just taught. People buy it. And now they’re customers who are way more likely to buy your high-ticket stuff later.

The point is you can’t just dump traffic into your ecosystem and hope it converts. You need a funnel that’s optimized for collaboration traffic.

Cross Promotion Tactics That Maximize Collaboration Impact

Here’s a pro tip that most people miss.

When you do a collaboration, you need to promote the heck out of it. Not just the other person. You too.

Let’s say you go on someone’s podcast. When that episode goes live, you need to blast it to your email list, share it on social, put it in your Facebook group, whatever.

Why? Because it makes the host look good. Their download numbers go up. Their engagement goes up. And they’re way more likely to have you back and refer you to other people.

Most people think, “Well, it’s their audience, so I’ll just let them promote it.” That’s a mistake. You promote it too. You both win.

Same thing with webinars, guest posts, bundle deals – whatever. You promote it as much as they do. That’s how you build long-term relationships.

Measuring and Analyzing Collaboration ROI by Channel

You need to track your collaborations like you track your ad campaigns.

That means knowing which collaborations drove the most leads, the most sales, the most revenue. And then doubling down on the ones that work.

I use a simple spreadsheet. Every collaboration gets a unique tracking link. That link goes to a specific landing page. And I can see exactly how many people came from that collaboration, how many opted in, and how many bought.

If a podcast interview drives 500 leads and $10K in revenue, I’m going back on that podcast every few months. And I’m reaching out to similar podcasts.

If a guest post drives 50 leads and zero sales, I’m probably not doing guest posts for that site again.

You’ve got to be ruthless about what’s working and what’s not. Just because something sounds cool doesn’t mean it’s worth your time. Marketing analytics research shows that tracking ROI across channels is essential for optimization.

Building Reputation to Generate Inbound Collaboration Requests

Here’s where this gets really powerful.

Once you’ve done 10-20 collaborations, you start to build a reputation. People in your niche know who you are. They’ve seen you on other people’s platforms. They trust you.

And at that point, the collaborations start coming to you. You’re not doing cold outreach anymore. People are reaching out asking if you want to be on their podcast, contribute to their bundle, co-host a webinar.

That’s when the flywheel is really spinning.

You’ve got inbound collaboration requests coming in every week. You’re picking the best ones. You’re saying no to the ones that don’t make sense. And you’re generating demand without spending a dime on ads.

I’ve got clients who do $100K-$200K per month in revenue just from collaborations. No ad spend. Just strategic partnerships and delivering massive value.

That’s the power of the flywheel.

Combining Paid Advertising with Collaboration Strategy

Now, I’m not saying you should stop running ads. Ads are still one of the best ways to scale predictably.

But collaborations give you something ads can’t: credibility and community.

When someone sees you on a podcast they love, you’re not just another brand. You’re someone their trusted source vouched for.

And that credibility carries over into everything else you do. Your ads perform better because people have already heard of you. Your email open rates are higher. Your conversion rates are higher.

So the answer isn’t ads OR collaborations. It’s ads AND collaborations.

Use ads to generate cold traffic and scale predictably. Use collaborations to build credibility, tap into warm audiences, and generate demand without ad spend.

When you combine both, that’s when you hit million-dollar months.

90 Day Action Plan to Launch Your Collaboration Flywheel

If you’re reading this and thinking, “Okay, this sounds great, but where do I even start?” – here’s your action plan.

This week, make a list of 20 people in your niche or adjacent niches who have audiences that would benefit from your expertise.

Then, pick the top 5 and reach out. Use the outreach framework I gave you. Lead with value. Make the connection. Make the ask.

If you get one yes out of five, you’re doing great. That’s a 20% conversion rate. Most people would kill for that.

Do the collaboration. Deliver massive value. Promote it to your list. Track the results.

Then do it again. And again. And again.

Within 90 days, you’ll have done 10-15 collaborations. You’ll have tapped into tens of thousands of new people. And you’ll start seeing revenue coming in from sources that have nothing to do with your ad spend.

That’s the flywheel. That’s how you add demand without burning more cash on ads.

Now, what I can teach you isn’t theory. It’s the exact playbook my team has used to build multi-million-dollar businesses. With Master Internet Marketing, you get lifetime access to live cohorts, dozens of SOPs, and an 80+ question certification exam to prove you know your stuff.

Now go build your list and start reaching out. You’ve got work to do.

Talk soon. 


About the author:
Owner and CEO of Megalodon Marketing

Jeremy Haynes is the founder of Megalodon Marketing. He is considered one of the top digital marketers and has the results to back it up. Jeremy has consistently demonstrated his expertise whether it be through his content advertising “propaganda” strategies that are originated by him, as well as his funnel and direct response marketing strategies. He’s trusted by the biggest names in the industries his agency works in and by over 4,000+ paid students that learn how to become better digital marketers and agency owners through his education products.

Jeremy Haynes is the founder of Megalodon Marketing. He is considered one of the top digital marketers and has the results to back it up. Jeremy has consistently demonstrated his expertise whether it be through his content advertising “propaganda” strategies that are originated by him, as well as his funnel and direct response marketing strategies. He’s trusted by the biggest names in the industries his agency works in and by over 4,000+ paid students that learn how to become better digital marketers and agency owners through his education products.