As an affiliate, promoting a low-priced item takes just as much time as promoting a high-priced item. Promoting a onetime payout takes just as much time as promoting something that provides the potential for recurring income. Since there is only so much time in the day, obviously, affiliates are going to be more attracted to making more money with the same effort. For this reason, recurring income is sought after.
What are Recurring Commissions?
A recurring commission means that there is a product that has a monthly charge such as a membership. You probably are a member of something like that such as your cable bill, your cell bill, your water delivery, and perhaps software subscriptions. These memberships can really add up to a full-time income because instead of a one-off sale, it’s potentially a long term multipayment sale.
Why are Recurring Commissions Sought After?
By offering recurring commissions, you give your affiliates a percentage of their first and all payments that the customer pays for the membership. Some people don’t provide recurring commissions, but when you do, you’ll notice your memberships start selling like hotcakes. After all, think like an affiliate. Should they promote something once that pays more than once, or promote something once that only pays once? Of course, they’re going to choose to promote whatever makes the most money in the fastest time frame.
How Can I Create Recurring Commission Opportunities?
Setting up a membership, subscription, or recurring payment product isn’t as hard as it might seem. Today there is a lot of technology that lets you do that. For example, if you use Amember.com as your affiliate management and shopping cart platform, you can set up a membership easily by indicating per the instructions the products to include in the membership, and when, depending on if you want to drip it or let them have access all at once.
Then you simply add new products periodically as you promised in the sales page for that membership. Typically, the charge is slightly lower than if they bought each individual product. The best way is to drip the products during the promised periods instead of giving all access to maintain the membership long term.
Recurring commissions means that you sell something once and get paid repeatedly. This means that you and your affiliates will make more money with the same effort since recurring offers add up and multiply your income. It’s a win-win for you and your audience. Often with memberships, you and your affiliates make more money even though each customer spends less each month, so they stay happy with the high quality being shared with the other members.
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