I just got a little under $400 as a performance incentive for one of the affiliates i work with. How is this calculated, and how often do I get them? Here is their terms. Please help me understand it...
You need to supply more info to come up with the calculation. How many affiliate sales did you have in the timeframe. You need that amount to figure the incentive. And the dollar amount of sales will be needed also.
Performance incentives are measured per month. The terms you posted are pretty self-explanatory. If you refer over $1000 worth of sales, your commission is increased by 20% (i.e. if the base commission is 10%, you will get a bonus that increases your commission rate to 12% for the prior period)
Well my stats show that within the last 30 days the total Sales Amount is $26,061.95. So does that mean that the next 30 days, my commission is 8% compared to my regular 5%?
That means that you will receive a bonus of an extra 60% of commission for the commission paid for the past 30 days (making your payment equal to 8% of sales for January). Performance incentives are calculated at the end of the month, so any performance incentive payment you receive during the beginning of February is based on last month's sales, and is the incentive for last month's sales.