You might or might not have heard of the 100% commission model. You have heard of an affiliate program, however. Right? An affiliate program means that someone sends you new leads, sends you new buyers, and you pay them a certain commission based on the sale. It used to be people would only pay out 10% commission. That means if somebody sends you over a $100 sale, you get 100 bucks but you give up $10 back to the affiliate. Then it came to the point when people started giving away 50% commission. So, somebody pays you 100 bucks, you give up 50 bucks of the affiliate who referred that person, you keep $50. But an even newer strategy is the 100% commission model. If somebody sends you a new buyer and that buyer pays you $100, all $100 get sent to that affiliate.
So, why would you do this? You would do this because now you have a proven buyer on your list, you can upsell them, and you can send them other offers in the future. So, the 100% model is a very proven way of getting new buyers and getting new people on your list, and the good news is you can also apply this to recurring membership sites, even if they are single-payment membership sites. So, how can this model get you traffic? There’s three reasons – it’s juicy and attracting new affiliates, you can always upsell them later, and it makes it a lot easier to get your foot in the door for guest webinars.
So, I explained to you a minute ago that affiliates are used to only getting paid 10% to 50%. So, when you’re selling something, whether it’s $10, $20, or $100, it’s a lot more attractive to affiliates, knowing that if they make a $100 sale, they get to keep all of that $100. So, it makes a lot easier to get affiliates than if you would only give them partial commissions. Then, once they’re on your list, you can do whatever you want with that customer base. You can upsell them to a different product later and not have to pay affiliates for that upsell because the affiliate referred that lead just for that particular product. Now, some affiliate systems allow for lifetime tagging, but on average, the average affiliate system does not count upsells for affiliates.
And which is better, if someone approach you to do a guest webinar just to do it or if they approach you to do a guest webinar and paid you for every sale? Or how about this, what if somebody approach you for a guest webinar and paid you all the sales that webinar created because they just wanted to build up a bigger list of buyers? So, it’s a lot easier to get a webinar or any kind of joint venture by offering 100% commission and a membership site makes it easy to manage.
So, think about having a 100% commission lead generation model to get traffic because affiliates like it, you can upsell your customer to other products of yours, and it makes it easier to get it on better joint venture deals such us guest webinars.
Watch me explain the exact 100% commission model inside the training at www.membershipcube.com. I’ll see you inside the member’s area tonight.