Making Money With ECommerce Software
Affiliate marketing with recurring commission is the model where you refer a customer once and keep getting commission for that referral time after time. Usually it involves selling of subscription, news letter etc. Once you’ve helped sell a subscription you get commission each time the customer purchases or renews the subscription.
There is another method of earning recurring commission as well, by 2 tier affiliate marketing and making money with affiliate software. To better understand it Let’s take the example of Successnexus affiliate program. Successnexus is a free affiliate management solution which charge venders 1% of the sales made Using successnexus.
In successnexus affiliate marketing program when you refer a vendor or customer to successnexus you receive 25% of everything successnexus earns from which customer as commission. For example if you recommend a vendor who make sale of $10,000 through successnexus, he will be charge $100 and you would get 25% of it as commission. As this commission is for lifetime and you will get a commission each and every time which vendor makes a sale Using successnexus.
As you can see, while the rate of commission is not a whole lot, residual commission means you keep getting commission for a single referral, as long as the vendor recommended by you stays in business.
Unlike CPS, residual commission affiliate programs such as that of successnexus provide a consistent and stable source of income and over time can be a lot more profitable compared to simple PPS or pay per lead which will only receive you a one time commission.
Making money with affiliate software is even better than selling subscription as in a subscription sale your income is still limited. When you recommend a vendor on the other hand, you keep getting commission for each product sold by the vendor.
The beauty and key to success of such a program lies in the sharing of profit. The vendors do not have to pay anything upfront. He pays commission to successnexus only when he makes sale and earn profit and successnexus pays you only when it gets commission from vendor.