Affiliate Software? *Please Help Me*
I am still pretty new to all of this internet marketing stuff. I am not interested in actually marketing the WSO's and things like this but I do enjoy a LOT of the neat WSO's that do come up and have bought a LOT of these over the last 6 months. Keep them coming guys!
My business is rather unique in that it deals with the Financial world, more specifically with the Forex Market. I am looking to gain some solid advice from you guys today and see if there is a way that we can set up a mutually beneficial arrangement where we can get to help a lot of people make some good income. This is a totally win/win/win opportunity where everyone involved gets to make money, not spend money.
What my business offers is Managed Forex accounts. What this is basically is that a client would sign up at the broker that we trade with and open their own account in their own name, or company name. The same as if you were going to start trading the Forex market yourself. The only difference is the client will sign a Limited Power Of Attorney (LPOA) form which allows the broker to copy our trades on to the clients account. It also authorises the broker to deduct 30% of the profits each month, only when there is a profitable month. The client always keeps 70% of the profits and our company receives 30% of the profits which are used to pay the trader and keep the business alive. Exactly 50% is given to the trader and the other 50% we split with who ever referred the client to us. So the referral receives approximately 25% of the 30%, if you are following me here. Our company keeps 25% and the trader keeps 50%. Pretty simple business model when it all boils down yes?
Now I can validate the trading programs and all that later, I am not soliciting for clients here. Our main product named Menza Fx is generating approximately 20% per month for the last 7 months in a row and should continue long in to the future. This is where I need some advice.
I would like to build an Affiliate Model where we can simply hand out Affiliate Links to anyone that wants to refer clients. There will be a few simple rules to become an Affiliate but pretty much anyone could become an Affiliate if they wanted to be.
My questions: Is there an Affiliate Software which could easily track which clients come from which affiliate? I think if we hand out a unique Link to each Affiliate, this would be the best way to track the clients correct? So our next step would be to install some sort of Affiliate software to our website with a nice backoffice to easily track and match up each client to their Referral/Affiliate so we can ensure that each Affiliate receives their share of the profits each month.
Currently most of our business is done offline with sales reps in various countries however if we were to have an internet presense and give everyone the opportunity to become a sales rep/affiliate, then we could end up helping a LOT more people this way.
Any questions and comments are welcomed.
I really appreciate any advice and help that you can give to us!
My business is rather unique in that it deals with the Financial world, more specifically with the Forex Market. I am looking to gain some solid advice from you guys today and see if there is a way that we can set up a mutually beneficial arrangement where we can get to help a lot of people make some good income. This is a totally win/win/win opportunity where everyone involved gets to make money, not spend money.
What my business offers is Managed Forex accounts. What this is basically is that a client would sign up at the broker that we trade with and open their own account in their own name, or company name. The same as if you were going to start trading the Forex market yourself. The only difference is the client will sign a Limited Power Of Attorney (LPOA) form which allows the broker to copy our trades on to the clients account. It also authorises the broker to deduct 30% of the profits each month, only when there is a profitable month. The client always keeps 70% of the profits and our company receives 30% of the profits which are used to pay the trader and keep the business alive. Exactly 50% is given to the trader and the other 50% we split with who ever referred the client to us. So the referral receives approximately 25% of the 30%, if you are following me here. Our company keeps 25% and the trader keeps 50%. Pretty simple business model when it all boils down yes?
Now I can validate the trading programs and all that later, I am not soliciting for clients here. Our main product named Menza Fx is generating approximately 20% per month for the last 7 months in a row and should continue long in to the future. This is where I need some advice.
I would like to build an Affiliate Model where we can simply hand out Affiliate Links to anyone that wants to refer clients. There will be a few simple rules to become an Affiliate but pretty much anyone could become an Affiliate if they wanted to be.
My questions: Is there an Affiliate Software which could easily track which clients come from which affiliate? I think if we hand out a unique Link to each Affiliate, this would be the best way to track the clients correct? So our next step would be to install some sort of Affiliate software to our website with a nice backoffice to easily track and match up each client to their Referral/Affiliate so we can ensure that each Affiliate receives their share of the profits each month.
Currently most of our business is done offline with sales reps in various countries however if we were to have an internet presense and give everyone the opportunity to become a sales rep/affiliate, then we could end up helping a LOT more people this way.
Any questions and comments are welcomed.
I really appreciate any advice and help that you can give to us!
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