Hi Growth community
We want to launch affiliate program for our product BrandVox. Has anyone here implemented affiliate program and is ready to share some insights.
This is the very first time I try it, so I will be grateful for your thoughts 🙏
I also have a bunch of questions:
1. What is the reasonable % of income sharing? If the payments are on a monthly basis, should we share incomes with partners during all attracted client’s lifetime? Or only for the first payment (one-time)? Prices start from $15
2. How do you pay to partner? As to private persons, and next taxation is his/her/their problem, and I’m not responsible for it? Or should I demand proof of their ability to accept money as self-employed, etc.? The most common system is PayPal, as I see.
3. The most obvious way is to use influencers to share the link. But I would like to start with micro-influencers. Like people in this or similar groups. Does it make sense? Or better to pay money to a few influencers?
Maybe there are other questions I didn’t ask. I will be grateful for your thoughts.