SplitCommission™ is great feature of Post Affiliate Pro which enables your company to reward all affiliates who participate in making the sale. It can dramatically improve your affiliate program.
This is an example of how a situation can arise that calls for multiple sales commissions to be paid out:
’Visitor John’ was browsing Dave’s Blog and was interested in Dave’s Blog’s link to the “best-product.com” website. Visitor John clicks through to the “best-product.com” website from Dave’s Blog. Visitor John then browses the “best-product.com” website and exits after 5 minutes. Visitor John decides to research “best-product.com” to get some reviews, references, or pricing information. Furthering his search, Visitor John finds the website “best-product-review.com” and again views the “best-product.com” website, but he’s now viewing from the site of affiliate Tom, the review writer.
Visitor John searches again and finds a forum entry, where affiliate Mike has made positive statements about “best-product.com”. At this point, Visitor John has been referred yet again by reading the positive things affiliate Mike has declared in the forum. Visitor John then makes the purchase decision, and he finally becomes a customer of “best-product.com”.
Standard Affiliate Program Commission Structure
Based on the “first and last referrer” setting, commission goes to Dave (first referrer) or Mike (last referrer). Both options allow all common affiliate software with rewrite cookie options. In the Standard Affiliate Commission Structure, Dave (from Dave’s Blog) gets paid the entire commission, yet Tom (the reviewer) and Mike (the affiliate) help to guide Visitor John towards his purchase decision with “best-product.com“. Every affiliate involved positively impacted “Visitor John” and played an integral part in promoting the sale. All of these affiliates deserve to be compensated for their efforts.
How Splitcommission™ Works
SplitCommission™ offers the ability to define multiple variations of how affiliates can be rewarded:
- Flat, split commission for all
All three affiliates from the example, get paid equal commissions.
- First referrer is the key to success
First referrer receives a 60% bonus, and the remaining two affiliates who participated in the sale split the 40% difference, or 20% each.
- Last referrer is key to success
The last referrer is rewarded a 60% bonus, and the remaining two affilliates are each paid 20% of the remaining 40% balance.
- First and Last referring affiliates are considered the key elements of success
First get 50% bonus. Last get 30% bonus. Additional affiliate gains 20%.
NOTE: SplitCommission™ allows also traditional setup, if you set First referrer bonus to 100% no other commissions will be paid out on the sale.
Why Is Splitcommission™ Important For Your Affiliate Program?
The key to a successful affiliate program is motivating all affiliates with compensation. When all affiliates are motivated to promote your products, your SEO will increase, and that will equate to more sales. Compensation through comissions are the chief motivating factor for affiliates. With SplitCommission™ your affiliates will see some percentage of commission from each sale they refer, and that success will motivate them to promote more steadily, with increased commitment. Overall commissions will increase.
The most important key to success in your affiliate confidence is the quality and accuracy of program tracking.
With SplitCommission’s special, customizable feature, affiliates will quickly understand that shared commissions, when warranted, equal higher commission checks. Your affiliates may even recruit others by spreading the word.
- How to keep your affiliates happy with split commissions
- Types of commissions - Post Affiliate Pro
- 7 Reasons Why Affiliates Aren’t Promoting Your Online Store
- 11 Best Practices to Engage and Nurture Successful Affiliates
- Pay-by-sale vs ongoing commission for your affiliate program
- How to reward your best affiliates in non-monetary ways
- Multi Tier Commissions (Multi Level Marketing)