(09-14-2016, 08:41 PM)Shannon Wrote: I wonder if anything will change concerning the IRS in the next 4 years.
Or, you could drop the affiliate payment percentage to a tiered structure of 15% - 25% depending on sales (industry standard, and that's still like $125 for a sale of AM6). I remember you saying that you thought it was only fair to offer 50% commissions. That's unheard of. In the IM industry, they do offer 50% commissions, but that's only because there's a lot of list swapping going around, and the money in IM is in your e-mail list.
Screen all applications closely to eliminate junk traffic and bad marketers (people that buy through their own link to effectively get a discount). Hold commissions for 30 - 35 days to avoid losing out on money as a result of refunds.
Also, affiliate marketing isn't necessarily about making tons of profit upfront -- it's about getting new customers into your various marketing funnels. Then again... I've never seen an e-mail come from IML, so I'm assuming you don't e-mail your customer base either.
I know people have a tendency to look at these things as scammy or unethical or whatever. I know -- e-mail, affiliate and product marketing is my industry. But it's not. And on the path to becoming a multi-millionaire, it seems logical that you'd have to address these issues at some point.
You're missing out on serious revenue that could further spark your innovation and drive business.
Ideas for your consideration, submitted respectfully.
