Service offer

[Underpressure]

Hi Guys,

Just doing a bit of research.

We are a Virtual Switchboard Service to small businesses allowing them to design and build their own unique call management systems.

As a service we will provide afiliates with an ongoing flow of commision as we have a continuous relationship with our customers.

Affiliates can build their own customer base and each referral gets allocated to theaffiliate perminantly so their monthly commission can continue to build.

We offer 5% commision, 30 day cool off period and access to your own account log-in.

Is that an attractive offer?

For more info;
Press1.co.uk - The UK's easiest to use virtual switchboard. Real time self managed online phone menu.

Thanks

[Greavsie]

Hi, I think it is also best to clarify you offer on the site and the forum.

0845 Switchboard
1 Week Trial: FREE
Activation fee: £24.99
Monthly fee: £9.99

If Affiliate A signed up a user to above, would they get 5% of the £24.99 sign-up and then 5% of the £4.99 per month, forever? i.e. is this a lifetime commission?

If so, then 5% will get Affiliate A, £1.25 for the sign-up and £0.5 per month. At the end of year 1 they could get £7.25 for said user.

To get paid they have to earn at least £50, so with above example they have to register at least 7 users to the "0845 Switchboard" or more for the "0844 Switchboard".

If Affiliates do not get Sign-up commission, each user is worth £0.50 a month. Which is to be honest not a massive amount to promote Press1 heavily on their site; and you will probably struggle to get anyone doing innovative marketing for you. A telecomms affiliate site could probably make £0.5 from a click on Google Adsense

I would suggest some of the following
- Tiered structure based on number of sign-ups. 5% - 20%. Obviously i do not know your margin on these but it would make it more appealing.
- Bounty payment or Lead Payment, once user as registered for long than 1 month Affliates gets £X i.e. £5. How much is each sign-up worth to Press1?
- Try and use some of the sign-up money to fund the commission. Again i do not know your margins.

The product looks good, but don't be scared to offer high commissions at least at the beginning of your program. You need exposure and members, as you get bigger you can always change the commission structure in 6-12 months for new sign-ups. Affiliates have to spend time registering, adding links, creating pages - so the time needs to be paid for via the commission

Good luck with everything.

[Underpressure]

Hi Greavsie,

Originally Posted by Greavsie If Affiliate A signed up a user to above, would they get 5% of the £24.99 sign-up and then 5% of the £4.99 per month, forever? i.e. is this a lifetime commission?

Yes they would get 5% of both sign-up fee and monthly fee.
This would continue as long as the user stays a customer of press 1, so definatly long term.

Originally Posted by Greavsie If so, then 5% will get Affiliate A, £1.25 for the sign-up and £0.5 per month. At the end of year 1 they could get £7.25 for said user. To get paid they have to earn at least £50, so with above example they have to register at least 7 users to the "0845 Switchboard" or more for the "0844 Switchboard".

That is correct.
If you were to get 7 users a month, for example, they would be perminantly allocated to you and your monthly revenue would continue to build over time.

So the more sign-ups you get, your monthly commission increases on a continuos basis.

I can see what you mean about the tiered structure and the bounty payements. I will definately have to think about that.

Thanks for the feedback, it really helps to know what makes it worth while for the affiliates.