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Newbie to Affiliate Marketing Please Help!

by fesanity
19 replies
Hi all, I'm a newbie to affiliate marketing and the company I work for just started offering an affiliates program. I just want some quick opinions.
Is 25% of the initial sale a good pay out incentive? Considering our products ranges from $40 to $600.

Any help would be greatly appreciated!
#affiliate #marketing #newbie
  • Profile picture of the author fesanity
    So nobody can comment on this?
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  • Profile picture of the author ShutupAndEarn
    What is the product?
    How are you promoting it?
    Online or Offline?
    How many can you sell a day?
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    • Profile picture of the author WeavingThoughts
      Originally Posted by ShutupAndEarn View Post

      What is the product?
      How are you promoting it?
      Online or Offline?
      How many can you sell a day?
      This and also what is the conversion rate? Is it repeat clientele or not, etc,
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    • Profile picture of the author fesanity
      It's a solely online web based non mobile product with a subscription model.
      We don't really promote it, that's why we are using a affiliate program to attract people to help us promote.
      We hope to sell at least 3-4 subscriptions a day through the affiliate program.

      Originally Posted by ShutupAndEarn View Post

      What is the product?
      How are you promoting it?
      Online or Offline?
      How many can you sell a day?
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  • Profile picture of the author Vadimarket
    You're doing all the hard work, and getting 25%? You need a better lawyer

    I personally wouldn't go for it, 75% is the least I'd go. It doesn't matter what the product is, you still would find a better deal than that.
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  • Profile picture of the author SangGuna
    Originally Posted by fesanity View Post

    Hi all, I'm a newbie to affiliate marketing and the company I work for just started offering an affiliates program. I just want some quick opinions.
    Is 25% of the initial sale a good pay out incentive? Considering our products ranges from $40 to $600.

    Any help would be greatly appreciated!
    Its depend on what product did u promote..is it high demand niche..or just simple niche..sometime vendor giving too much low for a high demand niche comparing amount of money that they will make in a long term..
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  • Profile picture of the author adsassist
    One thing you could do is learn how your company came up with this product. Like said above, you are doing all the hard work. You have to promote the product. Find traffic for the product (off line or online).

    Take it to the next level and come up with your own product. Collect 100% of the sales. Test and change the product to your customers needs, which you cant do as an affiliate. Then you can find affiliates for you.

    Im not saying steal an idea from your company. Rather then, come up with an idea your company has not thought of.

    Just an idea to wrap your head around.

    Good luck
    Justin
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  • Profile picture of the author imwebmasters
    25% is usually very low for a non-tangible product. What are the profit margins? Companies usually set the % by their profit margin and non-tangible products are usually almost only profit so a high affiliate % is justified.
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  • Profile picture of the author tanshi
    From what you say I understand you are asking in the name of the company, what percentage to offer to affiliates in order to attract them. If I didn't get that right sorry...

    Well, in order to attract affiliates you must offer the highest commission possible. And also offer a good product.

    You must evaluate the costs of providing/maintaining your service and decide what would be the lowest price you can ask in order to still get some profit.

    If you are not offering recurring commissions then you can offer a bigger commission so that the revenue you get for a signup during the firs month can be lower then your expenses for offering the product in the first month, but calculating you will get profit after the second month or the third month.
    In this case, you must analyze your current subscribers - do they really stay subscribed for more months?
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  • Profile picture of the author dee4d
    What are the terms that the company has employed you under? Because however much we may suggest what you do, it would be different if the firm got an external client to do the work. If you are salaried, then you'll be paid by the company plus get a few percentage on this venture. That's one of the reason I quit my job, I do my own work.
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  • Profile picture of the author hadtic
    You should be looking for 50% comms minimum and offering 25% i don't think they will get many affiliates selling their product irrespective of how good it is.
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  • Profile picture of the author Joshster
    50% commissions is unrealistic on physical goods. OP hasn't said what type of product is yet...
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    • Profile picture of the author fesanity
      Thanks for the comments, our product is a not a physical good.

      Originally Posted by HobNobSoldier View Post

      50% commissions is unrealistic on physical goods. OP hasn't said what type of product is yet...
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  • Profile picture of the author MakeMoneyKid
    Since they have provided you an offer, that means they really think you can be a great asset to their business. So, act like a Smarty, and don't fail to exploit the opportunity by demanding more instead of satisfying with less. As Vadimarket says, you should go for a minimum of 75%. Now, it's up to you how you are going to carry out the negotiation, successfully.
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  • Profile picture of the author fesanity
    Sorry I think i need to make my question a bit more clear.
    Our company sells a non tangible web only product.
    So will 25% of the initial sale a good pay out incentive to attract publishers to push our product? The initial sale value ranges from $40 to $600 USD.
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  • Profile picture of the author Robert02011
    Yes i think your company has done right by you 25% is not bad at all when you consider amazon only offer approx 4%
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  • Profile picture of the author Zaiyan
    Originally Posted by fesanity View Post

    Hi all, I'm a newbie to affiliate marketing and the company I work for just started offering an affiliates program. I just want some quick opinions.
    Is 25% of the initial sale a good pay out incentive? Considering our products ranges from $40 to $600.

    Any help would be greatly appreciated!
    It doesn't matter how good the product is.
    You should be able to present it in a good way.
    Ofcoures if its good then it adds as a plus point.If you are able to represent the product in a convincing way for the customers/visitors to buy then you could earn huge.
    For that you could write articles on the uses of products and post it onto various forums or comment in various blogs (high traffic) with your affliate link. This could help you to earn good.
    Good Luck
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  • Profile picture of the author fesanity
    Thanks for your help guys!
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  • Profile picture of the author gcbmark20
    Hi Fesanity,

    There are tons of other affiliate products out there you can promote.

    Don't be stuck with just one get out there and look at what the big gun affiliate marketers are promoting.

    Also you are much more likely to make an affiliate sale by adding someone to your email list and building up that initial trust and relationship with them first.

    Hope this helps and keep us posted with your progress...
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