Most affiliate marketers will tell you that percentage commissions are the best way to go. After all, if you’re making money online, why not make the most out of it?
While it is true that you’ll usually end up with more money from a higher commission rate, you should also consider whether or not you’ll have enough sales to make it worth your while.
If you’re wondering whether or not to take a percentage commission or an absolute commission, this article is for you. Here, we’ll tell you about some of the benefits of taking an absolute commission, as well as some of the drawbacks.
More Sales
When you set up your account with a transaction service like Stripe or PayPal, you’ll start seeing sales within seconds. The key takeaway from this is that you’ll have more opportunity to make sales. Most affiliate marketers will tell you that it’s impossible to predict how many sales they’ll make, which is true. You won’t know for sure until you try. Having more sales is always a good thing, especially when you consider that you’ll have to generate at least that many sales to make a living. More importantly, when you consider the other advantages of taking an absolute commission, it’s clear that more sales are the key to making money online.
Flexibility
One of the benefits of having a percentage commission is that you’ll have some certainty of how much you’ll earn. Once you’ve received your commission, you’ll know that you’ve made your money. If you’re considering an affiliate marketing route, you should know that you won’t have to rely on one product to make your money. There will be more than enough variation in the products you promote to make sure that you never run out of revenue-producing content.
Earning Potential
When someone buys a product or service online, they expect to be taken to an online store to make the purchase. Even if they’re in the right place, they might not find what they’re looking for because they don’t know what it is. This is where taking an absolute commission comes in. Someone purchasing a product or service knows exactly what they’re getting. There will be no confusion about whether or not the product they purchased is the one they originally sought out to buy. This is important for building trust and keeping customers.
In most cases, people will have a clearer picture in mind of what they’re purchasing. This also means that they’ll have a clearer picture of how the product will serve their needs. When someone buys a product or service, they’re almost always expecting that they’ll get their money back. When you take an absolute commission, you eliminate all the risks and uncertainties that come with being paid based on a percentage.
Even if you’ve never tried to make money online, you probably know someone who has. If you’re looking for a way to earn a stable income, you should consider whether or not taking a percentage commission is the right choice for you. Remember, you’ll still need to generate sales to make a living. More importantly, if you’re looking to build a sustainable business, you should look for ways to eliminate as much risk as possible. This is where taking an absolute commission comes in.