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Old 01-11-2010, 11:32 AM  
Dennis69
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Join Date: Feb 2003
Location: Dreamland
Posts: 1,685
Quote:
Originally Posted by ********** View Post
It's a different world than it was 2 years ago. These days sales are lower, margins are tighter, but people still want to make as much as possible.

We ourselves charge $7.95 for each check we send out, or $35.00 for a wire transfer. The $35 is charged to us from our bank of course so we don't make any money paying out by wire. The $7.95 is to offset the cost of accounting.

There is much more than writing a check and licking a stamp. Sometimes it can be budgested to pay down the initial investment in the accounting software or infrastructure, or sometimes its just put towards the cost of staff. For example, the person who makes the checks is usually the same person who has to reconcile the accounts and make sure people are paid properly. Very often, people suddenly want to have checks made to someone else, or change their company name, move to a new city, etc etc, which takes a lot of expensive customer support and TLC.

The best way to save on the cost of your affiliate checks is to simply raise the minimum payout you wish to receive. It doesn't pay to ask for payouts at $50.00 especially if you are paid every week. Try increasing your minimum payout to something like $500. At the typical cost-of-payout, this will drop your cost to be paid from 14% to about 4% and the money you save will add up quickly too.
Must only be in this industry... if you work for a big company in the REAL world they don't charge you for your cheque at the end of the week... or none that I worked for did... and guess what, they have the accounting, the banks fees etc so your reasoning is flawed and nothing more then a rip off!!!
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