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Looking for feedback/help in developing affiliate marketing

stoicism99
Posts: 1
Joined: 08 Mar 21
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Looking for feedback/help in developing affiliate marketing

Hey team,

So I'm coming from the opposite direction. My boss has tasked me with coming up with an affiliate program for our business - it's an online service marketplace where we match business that need to hire with a recruiter who runs the whole process.

We built a margin in for affiliate marketing; so based on how much the person being hired will make, it will pay $200, $300, $400 or $500. And my thought was to make it so that if an affiliate brings in Company X, and Company X makes 10 hires in a year, then the affiliate gets that commission for all 10 hires.

I'd love some feedback from the folks that are actually doing the work on the affiliate side. Is this attractive?

Thanks for feedback/thoughts in advance!
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maryt
Posts: 3484
Joined: 16 Apr 12
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That is a very good payout scheme. I can see no problem with it for as long as your company has enough earnings for itself :)
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juniorrs55
Posts: 1
Joined: 16 Dec 19
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Yep, it really depends on a company, where you're gonna proceed with your marketing goals. First of all, you should find some great articles and software solutions, that will give you wide spectrum of tools, which will help you in achieving those goals. I can highly recommend you to take a look at this affiliate marketing tools website called Hinman Reviews, to understand how easy can it be to provide your business with affiliate marketing modern solutions.
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Last edited by maryt on 20 Jul 21 5:41 am, edited 1 time in total.
Reason: promotional
 

charles.gumbley
Posts: 94
Joined: 13 Sep 21
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stoicism99 wrote:Hey team,

So I'm coming from the opposite direction. My boss has tasked me with coming up with an affiliate program for our business - it's an online service marketplace where we match business that need to hire with a recruiter who runs the whole process.

We built a margin in for affiliate marketing; so based on how much the person being hired will make, it will pay $200, $300, $400 or $500. And my thought was to make it so that if an affiliate brings in Company X, and Company X makes 10 hires in a year, then the affiliate gets that commission for all 10 hires.

I'd love some feedback from the folks that are actually doing the work on the affiliate side. Is this attractive?

Thanks for feedback/thoughts in advance!



This scheme could work as affiliates will be more interested in bringing more companies and will work harder to achieve their goals. With affiliate marketing you have to experiment a lot in order to find what works the best, it also depends on each business, network, affiliates, their needs, the niche they are targeting, and so on.
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This topic was started on Mar 10, 2021 and has been closed due to inactivity. If you want to discuss this topic further, please create a new forum topic.

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