Hi im developing a affiliate program for starters now because the people that are going to be the affiliates are you then this is your chance to help me and have your input. I am going to put forward 4 scenario based on the facts that the product is relatively Price elastic and targetted to your audience.
Scenario 1 - Cheap price
- The product is sold cheaply at:
$25 and u make $10 per signup , High conversion rate.
Secenario 2 Cheapish Price
- The product is sold at:
$30 and its a 50% split so webmaster gets 50% higher conversion rate.
Scenario 3 - Medium Price
- Product is sold just undercutting comp at
$35 and $20 for webmaster , Lower conversion rate and not seen as so much as a bargain
Scenerio 4 - High Price
- Product sold HIGHER than any other product at $49.95 webmaster gets $35
I assume that you will say HIGHER conversion rate however seriosuly when u are looking at this type of program WILL you really look for that ? The program will be advertised 90% on the web so i need an high uptake of webmasters who will be worked with personally to get an higher conversion rate.
Any thoughts, comments, much appreciated. thankyou.
[This message has been edited by pearce6 (edited 06-18-2001).]
Scenario 1 - Cheap price
- The product is sold cheaply at:
$25 and u make $10 per signup , High conversion rate.
Secenario 2 Cheapish Price
- The product is sold at:
$30 and its a 50% split so webmaster gets 50% higher conversion rate.
Scenario 3 - Medium Price
- Product is sold just undercutting comp at
$35 and $20 for webmaster , Lower conversion rate and not seen as so much as a bargain
Scenerio 4 - High Price
- Product sold HIGHER than any other product at $49.95 webmaster gets $35
I assume that you will say HIGHER conversion rate however seriosuly when u are looking at this type of program WILL you really look for that ? The program will be advertised 90% on the web so i need an high uptake of webmasters who will be worked with personally to get an higher conversion rate.
Any thoughts, comments, much appreciated. thankyou.
[This message has been edited by pearce6 (edited 06-18-2001).]
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