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Online Pharmacy pays 60% of the profit

Discussion in 'Affiliate Programs' started by compar, Dec 28, 2004.

  1. #1
    I have recently -- September 12/04 -- opened a new Online Pharmacy. I am very pleased with the results to date. This is one of the highest converting web sites I've ever seen.

    The back office accounting and admin is excellent. Great stats, great marketing tools and timely payment of all commissions.
    SEMrush
    If you sign up from my site http://www.yourfriendlypharmacy.com, download a template and put up your own site you get total control and 60% of the profit.

    If you just want to put up affiliate links to my site then you will get $20 on all first orders and $10 on all reorders from your customers.

    P. S. If you are interested in your own site I can provide hosting and SSL services and any other features the site will require.
     
    compar, Dec 28, 2004 IP
    SEMrush
  2. schlottke

    schlottke Peon

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    #2
    Do you hold the stock on these products, or do you resell for someone else?
     
    schlottke, Dec 28, 2004 IP
  3. compar

    compar Peon

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    #3
    I sell for someone else. My contribution is marketing. I can change prices, issue coupons and adjust the delivery charge. I get the email addresses of all customers so that I can follow up with them. Any affiliate who signs up for his own site via my site will also get all this control.

    If someone just wants to put up affiliate links they have the assurance of a very high conversion rate once people land on the site.

    Now all we have to do is convince Shawn that he should allow responsible legal online pharmacies to use the coop network.
     
    compar, Dec 28, 2004 IP
  4. john_loch

    john_loch Rodent Slayer

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    #4
    Compar,

    I do have pharma/meds planned as one of the categories I'll be handling at nichedynamics.com so if you're interested, stop on by and register for the beta (if you haven't already). The beta is planned for mid Feb. :)

    Cheers,

    JL
     
    john_loch, Dec 29, 2004 IP
  5. wkw

    wkw Well-Known Member

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    #5
    Interesting concept. Hosting a template store from your own site... I think I ran into this recently when ordering samples of some printer labels. I presume order inquiries and pre-sales questions are handled by the main company you're fronting for?
    cheers,
     
    wkw, Dec 30, 2004 IP
  6. minstrel

    minstrel Illustrious Member

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    #6
    I understand the Canadian government is about to make it illegal for Canadian physicians to approve or co-sign prescriptions for orders outside Canada. Once this happens, I'd guess that a lot of the traffic for online pharmacies will disappear rapidly.

    You might want to wait a month or two to see what happens before putting much of an investment into a site or affiliate right now.
     
    minstrel, Dec 30, 2004 IP
  7. anthonycea

    anthonycea Banned

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    #7
    I seen a story on this on the national news, they did mention that some of the doctors were sort of questionable but if they are legal they are legal.

    It is a hot trend for Americans to purchase drugs from Canada right now, but the American drug companies are like the oil companies, they will try to find a way to stop this so they can continue to rip off customers.

    I am sure that Bush will try to stop drugs being shipped in from Canada because of large contributions from drug companies, but it will be bad for consumers if he succeeds in this effort.
     
    anthonycea, Dec 30, 2004 IP
    miko67 likes this.
  8. minstrel

    minstrel Illustrious Member

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    #8
    The issue is not only US customers, although that is a big one. The more important issue is whether it is ethical for any physician to prescribe drugs for a patient s/he has not examined in person. At the moment, I believe that part of the issue being examined by our lawmakers is whether that should be legal. My understanding is that the Ontario government will not currently pay a doctor for non-face-to-face prescriptions (e.g., if my doctor renews a prescription for me over the phone, he gets paid nothing). The proposed legislation would regulate such practices further.
     
    minstrel, Dec 30, 2004 IP
  9. compar

    compar Peon

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    #9
    There are no Canadian doctors or physicians involved or associated with my online pharmacy. It is legal in the USA for all the drugs we offer for sale to be dispensed based upon the health information gathered in the order form after review and approval be a registered US Physician. The drugs are then dispensed by registered US Pharmacists.

    The drugs are shipped to US addresses only. So this site is as legal and ethical as it is possible to be and if you are interested there is no reason to delay as any changes in Canadian law will have zero impact.
     
    compar, Dec 30, 2004 IP
  10. minstrel

    minstrel Illustrious Member

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    #10
    My apologies, compar. I jumped to conclusions, obviously, figuring that because you were based in Canada that it was one of the Canadian online pharmacy operations.

    My comments do not apply if the enterprise is based in and confined to the US.
     
    minstrel, Dec 30, 2004 IP
  11. compar

    compar Peon

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    #11
    No problem, you were only doing what you thought was the responsible thing to do.

    Even though Canadian based online pharmacies have a price advantage over US based sites the Canadian sites have always required the buyer to submit a prescription resulting from a face to face visit with a doctor. In the case of a US buyer that prescription has then been further viewed and approved by a Canadian Doctor. This is the step that I think the proposed legislation is going to effect.

    I have always thought that this entire process discourages impulse buying and spontaneity. Also in the case of drugs like viagra etc some people may not in fact want to talk to their family doctor about it. So despite the price difference I have always chosen US based pharmacies to be associated with. This current one is the best one I have found after being in this business for almost 5 years now. And I have no problem recommending it to anyone who is interested in this type of affiliate opportunity.
     
    compar, Dec 30, 2004 IP
  12. EdenView

    EdenView Peon

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    #12
    I'm interested, but would like to know more of the numbers and your method of tracking sales (cookies, cookie life, built into url, etc.).

    PM me or respond here, thanks in advance.
     
    EdenView, Jan 2, 2005 IP
  13. affil3000

    affil3000 Peon

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    #13
    So, how high is that conversion your getting? Is it worth to start an adwordscampaign for it?
     
    affil3000, Jan 9, 2005 IP
  14. compar

    compar Peon

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    #14
    I track sales and traffic several ways, but the back office or admin interface for this company is very good. There is a complete record of every sale with time, date, product purchased, status of order, name and email address of buyer, whether or not they are a first time buyer or repeat buyer, price of the sale and commission on the sale and much more.

    I'm not sure about cookies and cookie life. I has assumed they used the buyer's name and address for tracking repeat business etc.

    The admin also allows the site owner to change prices and shipping fees, issue coupons and other discounts. There is a full list of anyone who signs up as an affiliate including their last login time, so that you can see that they are active. There is also a list of all the people who have signed up for the newsletter.
     
    compar, Jan 9, 2005 IP
  15. compar

    compar Peon

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    #15
    In fact conversion is difficult to calculate exactly. One of the problems is that after only having this site up for three months much of business is already repeat business. This indicates to me that the buyers like the site and the service and are comforatble buying here.

    My best calculation is a conversion rate of 5% or 6%. I have not tried AdWords with this site and that is a good idea except that they don't accept campaigns from online Pharmacies anymore. I did try a cheap PPC services and I got the traffic, but it didn't seem to convert at all. The traffic I get comes from generic searches and from links in various articles etc. This is the traffic that converts.
     
    compar, Jan 9, 2005 IP
  16. EdenView

    EdenView Peon

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    #16
    They do, you just have to be square traded'd

    It's a few hundred a year, so you have to plan on making at least that amount back for it to be WYW.
     
    EdenView, Jan 9, 2005 IP
  17. compar

    compar Peon

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    #17
    Yes you are correct and I looked at the requirment once and decided it just wasn't worth the effort.
     
    compar, Jan 9, 2005 IP
  18. nevetS

    nevetS Evolving Dragon

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    #18
    Do you take prescriptions? Any plans for it in the future?

    For instance, my insurance I normally pay 10 bucks for any drug, but Zyban they do a partial payment and I end up paying out of pocket a lot, but less than the online cost.

    Where do the drugs ship from? US or Canada?
     
    nevetS, Jan 10, 2005 IP
  19. jaltra

    jaltra Peon

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    #19
    So does the affiliate receive commissions on reorders? If so, what is the commission? thanks
     
    jaltra, Jan 10, 2005 IP
  20. wendydettmer

    wendydettmer Peon

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    #20
    I too am interested in knowing if the site takes insurace. I looked in the FAQ's and could not find anything relevant.

    Thanks

    Wendy
     
    wendydettmer, Jan 17, 2005 IP