I'm launching an affiliate program at the end of March and the main reward for the program will be based on a lifetime revenue share from a sustainable print on demand store. It's going to be 1% on every single sale for every single product.
With a normal affiliate program you might make 20% from one sale. However, Teemill is a free product so the flat fee at £10 is much easier to win and perhaps more importantly, instead of 20% for 1 sale, you would be set to earn 1% for EVERY sales going forward for each signup, cumulatively.
We also have a £10 flat rate which is there to make sure you earn even if the successful conversion doesn't stick around.
Some numbers to illustrate, a typical signup like a minecraft gamer that built a store recently would have earned you around £1k in the first 18 months from cumulative commissions as his store grew. Someone bigger like Joe Wicks who signed up to Teemill after seeing an ad would net you over £10k for that one store. The audience, reach and they attract people is up to the affiliate of course and I understand that not everyone who will see the content will be a big store, but even if the average signup is 99 times worse than the examples above, that's still meaningful revenue.
Add that up for 5 stores, or 50 (plus the fact that it costs nothing to try) is why I thought the program would be super good, especially before we become mainstream.
Would be great to hear peoples opinions on this.
Many thanks,
Jake