Affiliate program input - $200-$400+ per sale

Discussion in 'Affiliate Programs' started by arcadie, Aug 30, 2009.

  1. #1
    Hello,
    We are currently putting together a new affiliate program for our merchant services. I would really appreciate input from potential affiliates here on what they would prefer as an affiliate payout.

    First let me explain exactly what we do and how or product makes money. We are a merchant service provider which allows business's to accept credit cards. We slightly mark up the visa and master card interchange rate that a merchant pays when processing an order. The difference which is usually just a few cents per transaction is our profit.

    Now there are two ways of providing an affiliate payout for this.

    First is to go on a revenue share program. With this program, You would receive 66% (2/3) of the monthly residual profit that each merchant account makes. For example, If you send us a new merchant who signs up and we end up making $40 per month off of this merchant, You would receive $26.66 per month for the life of the account. On average, we profit $35-$40/mo per merchant. Some merchants however make much more than this. For example we just received an affiliate who sent us a furniture store which processes $50,000 per month. We are currently profiting $150/month off of this merchant and we are paying our agent $100/month.

    Even if a merchant processes $0, we will still pay a minimum of $10/month.

    The second option would be a CPA method were we would pay a flat upfront fee of $100 per approved referral. Regardless of how long the merchant is with us, How much they process each month, You receive $100.

    We would like input on how you would prefer the system to work. Option 1, 2, or possibly a combination?


    Payment methods:
    Paypal
    ACH
    Check
    WesternUnion for our friends in countries which can not accept the above (we cover 50% of WU fees)
     
    arcadie, Aug 30, 2009 IP