How to Effectively Structure an Affiliate Campaign III
Rather than offer an affiliate a higher commission for selling more, many programs pay out to two tiers, which means that if your affiliates can sign up other affiliates, they get an extra 10% of the sales of those they signed up.
Since all get paid 50%, you will only earn 40% for second tier sales, but this is also worth it, since you probably would not have had that 40% yourself.
The way your commissions are paid can vary according to the type of product.
The most common is to pay a flat rate or percentage of sales made as described earlier.
However, if your business depends on leads rather than affiliate sales, you could pay per lead, which means that you pay for every person your affiliate sends to your sales page.
It is then up to you to clinch the deal, or your site might be a membership site in which case you can either pay a flat rate per new member or a proportion of the membership fee for every month that they remain a member.
You can also pay per click to your website.
This is also a common practice, though you will need to be aware of the possibility of fraudulent clicks.
There is software available that can detect this, though it is not always accurate or trustworthy.
Whatever way you run your campaign, if you know how to effectively structure an affiliate campaign so that it provides benefits both to you and your affiliates, and is easily understood by the latter, then you should have the beginnings of a lucrative business that can prosper through the efforts of others.
Since all get paid 50%, you will only earn 40% for second tier sales, but this is also worth it, since you probably would not have had that 40% yourself.
The way your commissions are paid can vary according to the type of product.
The most common is to pay a flat rate or percentage of sales made as described earlier.
However, if your business depends on leads rather than affiliate sales, you could pay per lead, which means that you pay for every person your affiliate sends to your sales page.
It is then up to you to clinch the deal, or your site might be a membership site in which case you can either pay a flat rate per new member or a proportion of the membership fee for every month that they remain a member.
You can also pay per click to your website.
This is also a common practice, though you will need to be aware of the possibility of fraudulent clicks.
There is software available that can detect this, though it is not always accurate or trustworthy.
Whatever way you run your campaign, if you know how to effectively structure an affiliate campaign so that it provides benefits both to you and your affiliates, and is easily understood by the latter, then you should have the beginnings of a lucrative business that can prosper through the efforts of others.