How to make over $6,500 in less then 5 minutes
Woooo, fancy title claiming to make gobs of cash in no time at all. Well the reality is you have to work up to this point. Here is an example. Say you are bringing in 90 leads a day with a payout of $2.50. Not bad, not bad you say to yourself. If you have a good relationship with your affiliate manager (and who doesn’t?) then ask for a payout bump.
My conversation went something like this.
8:55:46 AM Me: on another note, there are a few campaigns I am getting some traction on. wondering if I can get a payout bump on them?
8:55:52 AM Awesome Affiliate Manager: of course
8:56:00 AM Me: <private cool stuff>
8:56:08 AM Awesome Affiliate Manager: you name the campaign and i’ll name the payout
8:56:15 AM Awesome Affiliate Manager: <private cool stuff>
8:56:28 AM Me: this one
8:56:29 AM Me: <private cool stuff>
8:56:31 AM Me: and
8:56:36 AM Me: <private cool stuff>
8:56:38 AM Me: that one
8:56:40 AM Awesome Affiliate Manager: ok
8:59:21 AM Awesome Affiliate Manager: ok, on the <private cool stuff> i can go to <private cool stuff>
8:59:30 AM Me: cool
8:59:48 AM Super Affiliate Manager: and the <private cool stuff> 2.70
So now instead of 2.50 it is 2.70. If the campaign sustains (if anything I should be able to get higher volume) that is ~90 * .2 * 365 = over 6500. In less them 5 minutes.
I usually don’t ask for a payout bump unless I am providing a decent amount of volume and I know I can keep it up. Nothing lamer then getting a payout bump and then dropping the campaign.
It’s a negotiation process after all.
If you’re a proven performer, your intial is the base rate + a premium.
I’d push as hard as you think your effort justifies.
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Early on, I just took the posted rate, promoted on that basis and wondered why I wasn’t getting a decent ROI.
I know better now!