Without commission, affiliate marketing would be multi-level marketing. Affiliate commissions motivate affiliates whose efforts influence sales, conversions, and leads. Post Affiliate Pro is a world-class affiliate management software offering you every possible option to not only reward your affiliates, but also encourage them through your marketing strategies. Post Affiliate Pro is truly a unique software in this regard. Listed below are methods of how you can pay your affiliates.
Commission per action
With action commissions, you can define actions that determine when commissions will be paid, such as per signup, per registration, and various other scenarios.
The majority of affiliate software allows you to track only sales or leads. Using Post Affiliate Pro, you can track every action taken by your affiliates and pay them commission accordingly.
The commission rates are what drive affiliates, so keeping them engaged is the merchant’s responsibility. You’ll be able to attract affiliates by establishing a commission rate regulation and encouraging them to develop creative promotion strategies. Affiliates will do everything in their power to encourage visitors to take the actions needed for them to earn commissions.
When using the commission group feature, you can set a different commission for each affiliate partner within the same campaign. Affiliates can be divided into groups using this feature. For example, the commissions earned by VIP affiliates will be higher than those earned by other affiliates. In Post Affiliate Pro, there are no limits to how many affiliates you can assign to each campaign.
Lifetime Commissions is a plugin that extends the capabilities of Post Affiliate Pro to support long-term commissions until a specified termination date. When a recognized customer makes a sale, the system will identify the affiliate who referred them and generate a commission for the affiliate, even if the customer didn’t click on an affiliate link/banner again, or they used another device.
Top tier affiliates tend to sign up for lifetime commissions since they are slower to ramp up. Developing sales funnels to convert cold traffic to income is the key to becoming a successful affiliate marketer. Professional affiliates understand this and are willing to invest in the income stream’s development.
Using Post Affiliate Pro, you can define up to 100 commission tiers to apply to your multi-level marketing program. For instance, if an affiliate refers a new sale, the parent gets the same percent of the total cost as the affiliate that referred the sale (if a product costs €100 and the commission rates are set to 10% for 1st tier and 10% for the 2nd tier, both parent and affiliate will get €10 each). You can also redefine these values however you choose.
Affiliate marketing makes introducing products to the market easy, and affiliates can earn a fair amount of passive income by participating in campaigns.
When you implement performance rewards, you can set various conditions, such as an affiliate reaching a defined number of sales, and trigger actions (a bonus commission, for example) when the conditions are met. Performance rewards can also be set to repeat periodically (every week, month, quarter, etc.)
You can identify the best affiliates using Post Affiliate Pro’s metrics measurement features, such as the top affiliates report.
You can reward your affiliates for recurring payments, such as hosting or membership fees, with recurring commissions. Recurring commissions are recognized by the same order ID.
Thanks to this feature, Post Affiliate Pro can automatically generate recurring commissions for your affiliates during a set period (daily, weekly, monthly, etc.) or until you decide to stop them, even if your payment processor doesn’t support callbacks. Recurring commissions can also be generated non-periodically (after 47 days, for example). This applies only if a notice about the payment going through has been sent.
Split Commission lets your company reward all affiliates who contributed to the referral of a particular sale. Post Affiliate Pro was the first one to implement this feature.
As your affiliates receive commissions on every sale they refer, they will be motivated to promote steadily and with higher commitment, resulting in a higher commission rate over time.
Commission per sale
Commission per sale, also known as cost per sale, is one of the best advertising models you can adopt for promoting your products.
A sale is usually credited to affiliates only when it has been made. Advertising costs are calculated after all sales have been taken into account.
Using CPS in Post Affiliate Pro is easy. All you need to do is integrate your website with a click-tracking code, which enables you to track sales all the way from the initial click to the final purchase. Using these codes, it’s possible to track the source of these conversions, such as from ads on social media or specific referral links. This is so that you can pay commissions to the affiliates who generated them.
The CPS advertising model offers a number of benefits, including reducing advertising costs, expanding audience reach, and increasing brand awareness.
Commission per click
CPC, or pay-per-click (PPC), is a form of advertising where affiliates get paid for every click made on the merchant’s banner/ad.
To use this commission type in Post Affiliate Pro, you have to integrate click-tracking codes into your landing pages so clicks can be successfully tracked. If a “per click” commission has been set, a commission is generated for both unique and repeated clicks. If you wish to pay commission only for unique clicks, you can change this in your campaign settings.
The best thing about this advertising model is its cost-effectiveness, customizability, and the ability to reach new audiences on a variety of platforms.
Frequently Asked Questions
What is commission in affiliate marketing?
Commission is what affiliates get paid for promoting a product or service. Affiliates receive commissions only after customers complete specific actions (sales, leads, clicks, etc.).
What is multi-tier commission?
Commissions for more than one affiliate tree can be defined independently using multiple-tier commission payment methods.