Building a Better Business 5

in #ctp9 months ago

Today we are going to talk about commission percentages and some practices that owners make with them.

Across the affiliate world you can earn a commission by "referring" someone to a business who then subsequently makes a purchase there. You can be an affiliate of some MAJOR companies out there as well as a lot of much smaller home based business.

For the majority of affiliate marketing you will see commissions in the 5-15% range. This will apply to a lot of the major companies out there. Then there are affiliate networks where you can earn up to 100% commission of the front-end product. The secret to these owners making money is the backend products or offers. Usually consisting of upsells of the product of some sort.

But one thing to note is that the severe majority of affiliate networks and affiliate capable companies do commissions one of two ways:

  1. A set percentage no matter the product
  2. An increasing percentage based off of number of sales/reliability of affiliate

These seems to be the norm across almost the entirety of affiliate marketing. (We are NOT going to talk about MLM or anything along those lines where the commissions are made up and the sales don't matter). But there are a few smaller niches out there where business owners essentially force their affiliate's to purchase a commission percentage.

An example of this would be if I had a site "MyAwesomeSite" and you joined as a free member you would earn 10% commissions, but if you upgraded you could earn 20,30,40,50,etc.. percentage based off the level of your upgrade. So this is saying, unless you pay me money, you do not deserve a higher commission rate.

In my personal opinion, I think this style of commissions is absolutely outdated and should be completely changed to something more relevant to today and how affiliate commissions are processed.

As an affiliate, if I find that your business, product, or service was a good fit for my list. I will want to tell me list all about what you have to offer. But I ALWAYS think twice if you require me to upgrade to earn a decent commission.

I really love the commissions based on sales approach. This method allows really good affiliates to stand out from the crowd because they are earning a higher commission because they bring in sales. And that is what the heart of affiliate marketing is, isn't it? At the end of the day we ALL love affiliates that bring in sales.

My recommendation if you are a business owner that requires your affiliates to purchase their percentages is to rethink your approach to this. This has been and always will be a MAJOR TURN OFF in the affiliate marketing industry.

That is all for building a better business today and as always, please comment and let me know your thoughts and opinions on this!


Man that sounds like a good idea....We should try it ;)

Congratulations @blainjones! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You made more than 50 comments. Your next target is to reach 100 comments.

You can view your badges on your board And compare to others on the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @hivebuzz:

Project Activity Update
Support the HiveBuzz project. Vote for our proposal!

Asking money from the people that bring you customers is a bit outdated... But, rewarding them more if they bring more totally have a sense...

Made in Canva

@thisisawesome Moderator

This is Awesome Content, and it will be manually curated with an upvote of 65% from @thisisawesome (will be done today), and it will also be included in our Awesome Daily Curation report in category Awesome CTP Curation for more visibility.

The goal of this project is to "highlight Awesome Content, and growing the Hive ecosystem and the CTPtalk tribe by rewarding it".