What is the benefit of offering more than 10% affiliate commission?

Topseoservice Level 2

June 14, 2016, 7:02 am

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What is the benefit of offering more than 10% affiliate commission?

While creating a new service at seocheckout, I noticed now you can set your own affiliate commission which was earlier fixed at 10%. That means now you can even offer 70% affiliate commission if you want. What is the benefit of offering higher affiliate commission?

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hitmeasap

hitmeasap

Hello Topseoservice,
You can also edit your existing services and change the affiliate commissions that way too and not only when you're creating new listing. One major benefit by doing something like this could be that you offer for instance 50% affiliate commission and certain Affiliates would want to promote your service even more than what they've already been doing, as they would ultimately end up with more earnings. Imagine someone having a large email list for instance, and that person sends an email to all of their subscribers.. That could lead to an insane amount of new orders for you!

Best Regards,
hitmeasap

9 years ago

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Topseoservice

Topseoservice

How an affiliate will get to know that I am offering more than 10% commission? I guess clicking that "Promote this service". But I am afraid if most affiliate will check it or not.

9 years ago

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hitmeasap

hitmeasap

You will have to state that within your promotions. Perhaps even in your service listings. Something like "Affiliates will get 50% commission on all sales!" It's an often used trick to attract and "bait" new affiliates, which ultimately leaves you with less profit on each sale but you'll instead get lots of orders so you'll end up with profits either way. Note that the "big fishes" are usually promoting offers with anything from 50% commission and above. As it's a fantastic way for them to increase their passive income, they won't usually send emails to their lists for less than 50%.

Best Regards,
hitmeasap

9 years ago

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SEOGuru

SEOGuru

If you already have traffic, you are going to make a lot of money on seocheckout. If you do not have traffic, you need to learn how to play the system.

Go to the settings and give away 50 -100% commission to direct promotions.

YES, you will make less money but you will start to get sales and reviews because affiliates will promo your store for the big commission.

New sellers that create repeat buyers (a positive experience) get more exposure and that get's them more customers naturally.

Hope you get my point.

9 years ago

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ajlancer

ajlancer

Hi Topseoservice thanks for your nice question. You may know Seocheckout become best and best more than before. And recently SEOlerks added few extra featured for your own service. For example: more gig extra featured which previously was only 3 and not you can add as much as you want and another featured quick deliver option and now buyer need to pay if they want quick service more than before existing deadline. And customer affiliate commission another great service they added woo want to make more money by affiliation and it was only 10% commission previously and not you can customize any commission for your service must be more than 10% and is big opportunity to grow up affiliate sale and at the same time of your business.

Thanks by Ajlancer

9 years ago

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MasterA

MasterA

The main idea is that your affiliates will bring you customers and you can give them a bigger share of your revenue in return. The more revenue you give them, the harder they will work to get you customers. If you are starting off, this is a good method to get customers. As long as you provide high quality services, the customers will be more likely to return and give you more revenue. Your affiliates may have networks and marketing methods you don’t know about so this method will allow others to use their methods to bring you business for a share of your revenue. This is also good if you want to increase the number of repeat customers. Even if you already have lots of customers, this is still a good idea as there are never too many customers.

9 years ago

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EliteWriter

EliteWriter

10% commission may seem too little for some, and so the option of offering a higher rate is certainly useful. The main use is of course to get your affiliates to bring you more customers, and in return for this, to motivate them further, you give them a bigger commission. So if you feel you need a boost in your orders this could be a great option, as the higher the commission you offer, the more your affiliates will be willing to work to get you additional customers. Even though you will end up with less money from a sale as you are giving a higher commission, you will still earn by getting more orders, and possibly more loyal customers.

9 years ago

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