I am launching a project in a few weeks and I have 1 problem that I cant seem to solve to my satisfaction. I was wondering if anyone could provide some ideas that might work.
I need to create an affiliate program to drive traffic to my site, but there are no transactions that produce revenue- I cant pay a commission to the potential affiliate of the transaction. The site will generate revenue, just not from transactions that occur on the site. I have thought of paying a flat, per lead fee for each referral but that is too easy for scammers to exploit without the ability for me to verify the authenticity of the referral. My other thought was setting aside a percent of the sites revenue and sharing it among the affiliates on a percentage basis (if a particular affiliate generated 12% of referrals they would receive 12% of the "affiliate pot"). The big problem with this is that an affiliate wouldn't really know what they could earn until they were doing it for a couple months.
What would be a good way to get an affiliate to drive traffic to the site? I am open to any suggestions.
Thanks a ton for any help!
Garrett
I need to create an affiliate program to drive traffic to my site, but there are no transactions that produce revenue- I cant pay a commission to the potential affiliate of the transaction. The site will generate revenue, just not from transactions that occur on the site. I have thought of paying a flat, per lead fee for each referral but that is too easy for scammers to exploit without the ability for me to verify the authenticity of the referral. My other thought was setting aside a percent of the sites revenue and sharing it among the affiliates on a percentage basis (if a particular affiliate generated 12% of referrals they would receive 12% of the "affiliate pot"). The big problem with this is that an affiliate wouldn't really know what they could earn until they were doing it for a couple months.
What would be a good way to get an affiliate to drive traffic to the site? I am open to any suggestions.
Thanks a ton for any help!
Garrett
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today