So How Much Should you Pay Your Affiliates? One-time or Recurring Commissions? Lifetime Affiliation?
Welcome to episode #46 of the SubscribeMe show from SubscribeMe.fm.
I’m your host Ravi Jayagopal. SubscribeMe.fm is the podcast to listen to, to learn about creating membership sites & online courses, making, marketing and monetizing digital content, WordPress, eCommerce, digital marketing, and tools, techniques and tips that you can use to create a long term, profitable online business.
I am the co-founder & co-developer of DigitalAccessPass.com, arguably the best membership plugin in the industry, fondly known as DAP.
The answer to that depends on a bunch of different things. Let’s start with your product funnel – like… is this a lead-generator or a loss-leader followed by one or more back-end products?
Is there an instant 1-Click Upsell after the purchase?
Do you have a mature product line where you can upsell them in the future?
And it also depends on your sales goals: How much do your products and services cost, how much do you wish to make per sale – is it just for this specific launch, or is this a lifetime funnel? What’s your cost of after-sales support? What is your profit margin?
Is it digital product or a physical product? With physical products, you have overhead – like shipping and handling and return shipping and damage and delays – you won’t have any of that with a digital product.
(listen to the show for the rest)
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Cheers!
– Ravi Jayagopal
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