|
I switched to a partnership program about 5 months ago. My signup ratio actually went up, but then again over a few months previous, they were sliding down with the the PPS program I was on. I don't attribute the increased signups to the partnership. Sending consistent traffic for 5 months, and several signups a day, I'm still waiting for the recurring to kick in.
What I've found is a pathetic 1 in 4 will recur over to a paying membership. That basically says that it'll take 4 months to hopefully make what I was in the per signup proggie. But this doesn't take into account the fact that people cancel after a few months, refund, and chargeback.
I talked to a friend that used the same program and he found the same thing as I did. Only 25% would recur over to a regular membership.
Basically, if I would of X all of the signups I got by $35 or $40 I'd be making a few THOUSAND more per month.
But I'm patient. I'll continue to wait it out another month or two and see where I stand then. I know the power of recurring. Hell I'm still getting checks from I-Gallery and I haven't pushed them in over 2 years. Seriously. It's beginning to sputter out, but I wonder what it would be at if I wouldn't have stopped using them.
I guess the bottom line is that if that program is your sole source of income, I wouldn't do a partnership. Be sure you've also got $$ coming in from other sources / traffic sources. Recurring is for the seriously long term.
|