Affiliate Marketing Program Development
$7,500.00
The typical market price to hire a marketing agency to build, launch, and manage an independent affiliate sales agent program varies, but generally falls within the following range:
- Setup and launch: $7,500.00 to $20,000 as a one-time fee.
- Ongoing management: $800.00 to $12,000 per month. *Depending on the scope of work and unique requirements of each website owner.
Determine your commission payout structure: We strongly recommend offering independent sales affiliates a general commission payout rate of 70%. This amount will vary based on individual products sold and other considerations.
In addition to the management fee, website owners typically pay a small percentage of affiliate-generated revenue to the agency, usually between 5% and 20%. Factors affecting the cost include the scope of work, agency experience, project duration, and your specific requirements
Description
Our WebDev and Marketing Team will craft, organize design and launch a lucrative independent affiliate sales agent program for your company. Features and benefits include:
- Fully Automated – You receive a powerful affiliate management app that supports hands-free management of the entire program.
- Unlimited Capacity – Manage a few resellers, hundreds of distributors, or tens of affiliates numbering in the tens of thousands
- Fast, Easy Sign Up – Let friends, distributors or any website visitor sign up and join with no manual labor on your part.
- Unique ID # Numbers – The app creates a unique affiliate ID number for each new rep. Each affiliate sales rep can log into the website and access their unique account history. Our software allows for real-time order tracking, detailed review of all products sold with detail on the detail and buyer. The platform even shows web analytics traffic history, pre-made banner ads, flyers and much more.
- Coupon Code Referrals: The system allows to assign coupons to affiliates. Orders that have such coupons applied, are related to the affiliate. Customers who have been referred via coupons do not need to click any affiliate link. Your partners can use their assigned coupons to promote your products transparently without the need to use affiliate links, while your customers benefit from the related discounts and partners are credited with the appropriate commissions.
- Marketing & Promotion Tools – Affiliates market your products by sharing their unique ID hyperlinks to any product page on your website. Each sales is accurately tracked and traced to the referring affiliate.
- Site Visitor Tracking – Referral cookies are stored on the visitors website or mobile device for a period of 90 days, 180 days or any customized period of time. This feature ensures that website visitor information is stored and attributed to the correct referring sales agent.
- Commission Disbursement – The system comes with fully customizable commission rates and real-time order tracking. Commission payouts can be customized as you the business owner determine. They can vary from range from a simple fixed rate or individual rates per affiliate, set by product type or product category. We can specific commission payout rates according to membership type or group. Each affiliate can log into the system with their personal Username and Password to review any activity relevant to their business.
- Built-In KYC and AML Compliance: Our platform requires that customers upload a copy of a valid US government-issued ID and a state-issued MMJ card. Additionally, products can only be shipped to the address of record identified on the buyer’s ID card and a utility bill reflecting the same address.. Furthermore, the buyer’s mobile telephone number is confirmed via SMS text.
Key aspects include:
*Implementing robust internal controls and policies for customer due diligence, transaction monitoring, and suspicious activity reporting.
- *Maintaining accurate and up-to-date records of customers, transactions, and compliance efforts.
- *Promptly reporting suspicious activities to appropriate regulatory authorities.
- *Undergoing periodic independent audits of AML programs.
