In this episode of The Affiliate Guy Daily podcast, I share the easiest, most effective, and fastest way to get new affiliate partners. It might seem obvious and first…and yet, almost no one does it.
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Previous Episodes of The Affiliate Guy Daily
The Weird Reason I’m Good at Marketing (And You Can Be, Too)
What Products You Should Create vs Promoting Affiliate Offers
How to Get Affiliates Even if You Don’t Know Anyone
Hey Matt, great energy – first time listening. I am curious why would affiliates refer direct competition to compete for your business? A second tier commission is OK as an option, but thats a one time payment vs everyday competition for that customer. thx man
Hey Cooper! Welcome 🙂
Here’s an example of why…ultimately it’s math.
Let’s say that I have 10,000 people on my list and you have 10,000 on yours.
Let’s also say that 500 overlap (high but let’s roll with it)
If I get 1% of my audience to buy Product A ($100) at a 40% commission and you do the same.
If I sell 100 X 40 (40% of $100) I make $4,000
You make the same.
I also make 10% of your sales so another $1,000. $5,000 total.
Let’s say I “lost” 3 sales to you though. Then I only “lose” $120 in commissions. Versus the $1,000 I made 2nd tier.
Make sense?
I do see where you are coming from, and thanks for the explanation! Catch up on the next one!