Starting May 3, 2018, every Magnifi Expert can earn cash by referring Users and/or Experts who participate in paid calls.
By sharing your profile sharing link with others who sign up for Magnifi, you will earn 5% of their gross call cost every time (referred to as "Affiliate Revenue"; subject to below Terms and Conditions).
Example 1: you share your profile sharing link with Amy, a great career coach you know. Amy uses this link to download Magnifi, sign up, and join Magnifi as an Expert. Now, every time Amy conducts a paid Magnifi call, you will earn 5% of that call's cost. So, if Amy conducts a call that costs Amy's caller $100, you will earn $5.
Example 2: you share your profile sharing link with Josh, a friend of yours looking for career advice. Josh uses this link to download Magnifi and sign up as a User. Now, every time Josh makes a paid Magnifi call, you will earn 5% of that call's cost. So, if Josh calls an Expert and pays $100 for a call to a career coach, you will earn $5.
Who Can Participate in the Affiliate Referral Program?
Only Magnifi Experts with published Expert profiles and an activated Stripe account can take part. In order for Magnifi to send you Affiliate Revenue, you must have connected your Stripe account to the Magnifi platform via the Expert profile creation process.
Therefore, Magnifi Users who have not created an Expert profile are not eligible to participate. However, Users can sign up as a Magnifi Expert any time. See How to Sign Up as an Expert for details.
How to Refer Users and Experts
From the main menu, tap My profile, then Share. Then, on the Sharing screen, tap Share your profile link. Once you share your Magnifi profile sharing link with others, anyone who taps the link using an iPhone will be brought to Magnifi's App Store page to download Magnifi. Once this person downloads Magnifi and signs up with their own User profile, you will be linked to this Magnifi User as their "Affiliate" and will automatically receive 5%. Further, if this User signs up as an Expert to receive calls, you will also receive 5% of their incoming calls' costs.
If you happen to be the Affiliate who referred both the Caller and the Expert that connect in a particular paid call, you will earn 5% from the Caller + 5% from the User = 10% of the call's cost.
When Do I Qualify as an Affiliate?
When anyone uses your profile sharing link to download and sign up for Magnifi, you will automatically become their Affiliate.
You can only become an Affiliate for new Magnifi Users. Sharing your profile sharing link with people who have already downloaded the Magnifi app and signed up as Users will send those Users directly to your Magnifi profile, but will not deem you an Affiliate to that User.
How Affiliate Revenue Payouts Happen
Affiliates will receive Affiliate Revenue into their Stripe balance after each referred Expert/User call takes place.
As per Stripe policy, payouts to the Affiliate's Stripe-connected bank account will automatically occur on a rolling 7-day basis.
See our Payments section in the Magnifi Help Center for more details about Stripe.
Who Pays the Referral Commission?
Magnifi pays all Affiliate Referral Program costs, which are deducted from our collected commission on each paid call.
How Can I See a History of My Affiliate Transactions?
Affiliate transactions can be identified by viewing your Stripe Dashboard: look for transactions under the Payments section or Balance -> Transactions which have the Description "Magnifi Affiliate Referral earnings from call involving [name of affiliated User/Expert]".
Likewise, on your credit card statement, the billing descriptor text for Affiliate transactions will show "Magnifi Affiliate [name]", where [name] is the affiliated User/Expert who participated in the paid call. Due to a 22 character limit on billing descriptor text, [name] will display only the first 4 characters of the affiliated User/Expert's name.
How Can I See a List of the Users I Am Affiliated With?
Send our Support team an email request and we'll send you a list.
Soon, we'll be adding the ability to view a list of your affiliated Users and Experts in-app.
Terms and Conditions:
- Free Magnifi calls (i.e. calls from first-time callers to Experts offering free minutes, whereby the call length does not exceed the free minutes offered) are not eligible for Affiliate Revenue.
- Not applicable to referrals made prior to May 3, 2018.
- Magnifi reserves the right to change the terms of the Affiliate Referral Program at any time.
- Refunds: in instances where Magnifi chooses to issue a refund to a Caller, the Affiliate will have his/her Affiliate Revenue refunded as well.