Best affiliate reward - physical gift or cash?

Discussion in 'Affiliate Programs' started by Ladan Lashkari, Sep 27, 2006.

  1. #1
    I'm going to hold a contest for my affiliates and give great rewards to the most active affiliates. As an affiliate, do think it's better that I offer physical goods as the rewards, or pay them in cash?

    For example does the idea of winning a plasma TV or laptop motivates you more to work on an affiliate program, or getting a $2,000 cash reward?

    The good thing about real goods is that people can see and feel them so they will be more motivating. But the problem is many people might not need a plasma TV or a laptop computer and they might like to get cash instead so they can buy whatever they like.

    So what do YOU think?

    Thanks,

    Ladan
     
    Ladan Lashkari, Sep 27, 2006 IP
  2. kevin7654

    kevin7654 Peon

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    #2
    I'd think the physical good would be more of a motivator. It allows people to 'splurge' where they may not spent cash otherwise. However, do keep in mind things like plasma tv's can be expensive to ship.
     
    kevin7654, Sep 27, 2006 IP
  3. bochgoch

    bochgoch Peon

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    #3
    Physical goods make it seem like more of a fun activity, whilst cash makes things more serious & business-like, -- depends which you're aiming for.
     
    bochgoch, Sep 27, 2006 IP
  4. DomainMagnate

    DomainMagnate Illustrious Member

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    #4
    if its small then - gift, if its a relatively big prize - cash :)
     
    DomainMagnate, Sep 27, 2006 IP
  5. Leased Staff Solutions

    Leased Staff Solutions Peon

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    #5
    I'd probably be more motivated by cash simply because I would prefer to make my own choice about what to buy. That's just me though.
     
    Leased Staff Solutions, Sep 27, 2006 IP
  6. JP Sauve

    JP Sauve Guest

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    #6
    I prefer prizes. I think you're required to declare cash prizes as taxable income.... of course you're probably technically required to do the same with prizes though.

    I like gift cards myself.
     
    JP Sauve, Sep 28, 2006 IP
  7. xboxundone

    xboxundone Well-Known Member

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    #7
    cash is always a good motivator as with cash or a prize you have to report the value for taxes.
     
    xboxundone, Sep 28, 2006 IP
  8. gururise

    gururise Peon

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    #8
    I too would be more motivated with cash.
     
    gururise, Sep 28, 2006 IP
  9. emz

    emz Peon

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    #9
    Prizes are more motivating for me. I totally agree with bochgoch.. Cash makes things more serious and businessy.
     
    emz, Sep 28, 2006 IP
  10. affiliategirl

    affiliategirl Peon

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    #10
    I prefer cash rewards because you give the person a lot of freedom to decide how the money should be spent or used (hopefully in good pursuits).
     
    affiliategirl, Sep 29, 2006 IP
  11. Kingdom85

    Kingdom85 Peon

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    #11
    physical goods are more tangible and feel like more of a reward to the affiliate. Money is always a winner though. Who would say no to a big block of cash???
     
    Kingdom85, Sep 29, 2006 IP