How Much and How to Pay Your Membership Affiliates
Different companies pay different percentages and amounts for leads and sales. The differences paid for a sale can range from 75% down to 1% depending on the company and the product. What you decide to pay your affiliates will depend entirely upon what you are selling and to whom you are selling it. A good idea would be to check what other companies selling a product comparable to yours is paying their affiliates. However, how much you pay your Affiliates really depends on how much your product/service costs, its profit margin, how much you're willing to give up and what action you want to take place. Let’s say that your product is priced at $100. Let’s also assume that it cost you $10 to make it. This leaves you with $90 profit is you sell it yourself. The question is how much of this do you want to give away to the person that made this sale possible? Let’s say you offer 50% to your affiliates. It still costs you $10 to produce the product so now you will be making $40 profit on the sale. A lot less for sure…but 40 is better than the nothing you would have made without the sale.
The other problem is how to pay your affiliates. Money exchanging hands on the internet presents a whole new set of problems, doesn’t it? However, that problem has been solved for you. Paypal is set up to handle receiving, as well as, sending payments and it takes the money exchange problem out of the equation. When a Paypal account is set up, the bank account of an individual or company is verified, as well as, their credit card information. Paypal provides a quick, safe, easy and secure way to transfer monies between individuals and companies.