How much money do I need to offer you to become an affiliate of mine?
I am in the process of launching a service. We have a front end product, and a backend training membership model. Our pricepoints are $49, $79, and $129. The product has a lot of interest and all signs are point to it being a HOT commodity (have already made sales pre-launch and have about 5 affiliates with databases of over 50,000 each ready to roll!)
Now, because this is BRAND new, and we really don't have any serious proof sources, I was thinking we should offer upwards of 40% to affiliates. My partner believes 20% is more than fair. Now, our potential market is HUGE and the affiliates see that as well, but still, 20% of our HIGH END product is about $26. Even if MOST sales come from our $79 product, affiliates walk away with a whopping $16. Now, our PROFIT MARGIN is high...we make money giving away 60% (or more)
So, my dilemma of course is, what is fair, what do affiliates look for, etc? In addition, how much promotional material is expected from affiliates? If we handpick affiliates who have tens of thousands of people on their list, is text for their newsletters enough to get started with without having to do banners and other graphics for the affiliate program?
Thanks in advance!
Mac the Knife
SEO Marketplace - SEO & Internet Marketing Products and Services for 10+ Years
15 Minute Forex Bar Trading System Free at
http://www.fxscalpingmethod.com
Affordable Whiteboard Animation Videos!
Grab Visitors Attention With Hottest Trend of 2013!
Bare Murkage.........
Join the next generation affiliate marketplace today
===========================
===========================
Discover My Effective Backlinking Strategies...
Click here to learn how to make money online in your bath robe and gym socks!
20% for shared web hosting with coupon code "hostease"! $7.95 per domain with coupon code "695TLD"!
99.9% Uptime Guarantee! 30 Day Money Back Guarantee! 24/7/365 Customer Support!