Best Go @ Contests / Leaderboards

Maybe what you do is set up a system that rewards those with more sales, with higher commission rates.

For example, I know you're starting at 75%, which is quite generous, but say you start at 60%.

Then you come up with a chart that might look a little like this:

• 0-50 sales = 60% commission
• 51-100 sales = 70% commission
• 101-200 sales = 80% commission
• 300+ sales = 90% commission

In this way, you will always be profitable. Let's do a little math as well as to how much money you'd make (for now let's just consider the sale of the original $17 product and disregard to OTO) based on those commission rates and the amount of sales:

• 50 sales @ 60% (you'd make the other 40%) = $340
• 100 sales @ 70% (you'd make the other 30%) = $510
• 200 sales @ 80% (you'd make the other 20%) = $680
• 300 sales @ 90% (you'd make the other 10%) = $510

Now this is what is really interesting... see how when you offer a 90% commission for 300 sales, you end up making less money than at the 200 sale mark? The idea here may be to graph these points into a smooth curve and figure out the max you could afford to give away commission-wise.

Of course, you don't have to listen to me whatsoever. I had this idea come to mind from a part time sales position I have. Currently I make 25% of the gross margin on any sale I make.

Gross margin = sales price - cost

As it would apply to us, you really don't have a fixed "cost", but hopefully you see my point. I think incentivizing based off percentages of return is far more effective than simply giving out sums of cash, and percentages are scalable from 1 to 10000000 sales.

Hope this helps.

Cheers,
Ben

Than you so much, I think this is a good idea!

If 300 at 90% is less than 200 at 80%, then why don't I stop at 80%
I just did a simple calculation:

$17 * 50 sales @ 50% (you'd make the other 50%) = (I'd make $425)
$17 * 100 sales @ 60% (you'd make the other 40%) = (I'd make $680)
$17 * 150 sales @ 70% (you'd make the other 30%) = (I'd make $768)
$17 * 200 sales @ 80% (you'd make the other 20%) = (I'd make $720)

Hmmmm, still the last one is a bit less than the one before...
how can I actualy avoid this happening? because if I were to run this
contest, i'd still have to use that part of money to spend to reward them...

By the way, does JVzoo or W+ have this option for setting up the contest? anyone?

Why not set a fixed prize for the contest for the places 1,2,3, and a fixed number of sales to get to each spot ? Something like.. The first affiliate who gets 200 sells will get .. dunno, do the math, see what`s working. The second one to reach 200 sells will only get.. less.. and so forth.. and do that every month, so if affs don`t get to the number of sells you don`t have to give prizes, making them work harder.. just a thought..