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Subject:
EXCELLENT percentages for reseller
Category: Business and Money > eCommerce Asked by: tododetodo-ga List Price: $4.00 |
Posted:
15 Jun 2002 02:12 PDT
Expires: 15 Jun 2003 03:05 PDT Question ID: 27078 |
Hi- I am looking for a REPUTABLE company with PROVEN success that will allow the reselling of its products. Basically, I want to be able to sell their products through my Web site and earn a HEFTY percentage of the sales. Obviously, there is Amazon.com and the like, but they only give, what, like 5-15% tops? I don't want to have to deal with the shipping, billing, merchant accts, etc., my sole job needs to be to market my site and get people to buy through my site, but this company will take care of the rest. Preferably they will give me a template to upload with my own company name or otherwise it would allow me to link directly to their site and track the sales through an ID. I will accept a company that sells you a product really cheap and then you can sell it at a large margin, as long as it meets the above criteria that all I have to do is get people to my site and they do the rest. Furthermore, and this is *IMPORTANT*, I am not just looking for any products (i.e. things that are unlikely to sell well). I am looking to be able to sell things that are hot at the moment, so acceptable companies will likely carry a very wide array of products and top brands, everything from electronics to clothing. Wouldn't it be nice to just be able to link to shopping.yahoo.com and make 50% on referals? Hey, maybe it's possible and I just haven't looked. Thank you much! | |
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Subject:
Re: EXCELLENT percentages for reseller
Answered By: taxmama-ga on 13 Sep 2002 05:31 PDT |
Dear tododetodo, You've gotten some good advice from people about affiliate programs. And they are the way to go. You may need to do a little reading to find the ones that pay 40% or more. But don't limit yourself to that number. As drjon-ga suggested "Maybe find companies/products you wish to sell, and see if the websites have affiliate program offerings." Yes, the casino programs do pay well. And I know several people who earn 6 figures a year. However, I am doing research into the legal and tax issues of this area. My concern is whether the government will decide online gambling is illegal and want to make a test case of an affiliate. Incidentally, stay away from SportsBooks sites' affiliate programs. There is legal precedent that those are illegal. On the other hand, whoever said that that companies cannot afford to pay 40% is only half write. Companies with tangible products and hard costs cannot. But companies with software, e-books and soft cost can pay 40% or more and often do. Here are a couple of places to look for programs. The webmasters of these sites get feedback from affiliates, the programs are rated, and they are removed if anyone reports they are not getting paid: Allan Gardyne's Associate Programs.com http://www.associateprograms.com/index.shtml Neil Durrant's Affilate Marketing http://www.affiliatemarketing.co.uk/ An organization you should join (free) to be able to communicate with the top people in the Affiliate Marketing field and get feedback from them about the best, and most properly paying programs: Herby Olschewski's http://iAfma.org This is fast becoming one of the strongest affiliations of affinity marketers. Now, you didn't tell us what subjects your website covers. But some programs that I know about that are reputable and pay me properly and have high percentage payouts are: Kevin Wilke's Sites pay 40% or 50% and if you do volume, you can ask him to set up second tier commissions so you can get paid for referring sites (he won't do this unless you ask.) http://www.mlmtaxhelper.com http://internettaxhelper.com/ Mark Joyner's ROIbot pays 20%, but also pays 5% on sites you refer to them http://www.roibot.com/ (Note, do keep an eye on their accounting. They will pay you, but you'll have to make sure they get it right.) Ken Evoy's SiteSell.com pays 25%-30% and commissions on sites you refer (I am not sure how much). http://sitesell.com Kowanhuga pays 20% and 5% on all sites you refer http://www.myaffiliateprogram.com/join.asp Places you will find affiliate programs you can trust. Many of them carry companies with major brand names, like the Wall Street Journal, American Express, Hallmark, etc. (also some of the infomercial folks): Commission Junction http://cj.com They will let you search by commission types and rates BeFree http://reporting.net They rate their merchants, so you can see how well they pay. LinkShare http://linkshare.com Searching on their site isn't the easiest. So look at the overall categories. A list of Kowabunga's members http://www.affiliatecash.com/ This is just the beginning. There's soooo much more. Doing a search in Google.com for "affiliate programs"+40% came back with over 80,000 hits. When you find one you like, look it up in Allan Gardyne's site and see how people have rated it. You will find sites that will restore your income and revitalize your site. Best wishes, TaxMama-ga | |
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Subject:
Re: EXCELLENT percentages for reseller
From: moondog-ga on 15 Jun 2002 03:51 PDT |
Here is a listing of reseller info and advertising biz data. http://www.bishart.com/webmasters |
Subject:
Re: EXCELLENT percentages for reseller
From: drjon-ga on 15 Jun 2002 07:20 PDT |
It sounds like an affiliate program is what you are looking for. You pitch the products and the offering company does the rest, sending you a commission for pushing their product. Maybe find companies/products you wish to sell, and see if the websites have affiliate program offerings. Just an idea :-) |
Subject:
Re: EXCELLENT percentages for reseller
From: dray-ga on 15 Jun 2002 15:47 PDT |
About the only places that will give you a 40% cut are online casinos with affiliate programs. We participate in some that pay up to 45% of the players' net losses -- but even at that, they normally have other deductions for fees and promotional costs. I seriously doubt you're going to find anyone who will sell a "hardgoods" product, handle the inventory costs, handle the fulfillment costs, essentially everything, then give you 40% for bringing them customers. Very few products have that kind of margin built in to them in the first place -- if they do, competition quickly arrives to cut the margins back. You probably need to be a little more realistic, and attempt to deal with the problem by substantially increasing traffic to your site and interest in whatever products you are selling. Amazon is in a position to pay virtually nothing because they are, quite simply, the best in the business. But look at their gross profit margin and you'll see there is no room for a 30% or 40% payment. The key to this process is to offer content on the site which attracts many visitors, then when they get there, offer products that relate to the items of interest. For example, we own a website http://www.videopokerreview.com. At that site, you'll find a link to our webstore, http://www.gamblersboutique.com. The more traffice we get to VPR, the more sales we have at gamblersboutique.com. One other point. Those companies (like Amazon) carrying a huge array of products have huge inventory carrying costs. As a result, it is even less likely such a company is going to fork over a large chunk of the gross margin just for a referral link to their site. Good luck... |
Subject:
Re: EXCELLENT percentages for reseller
From: xemion-ga on 15 Jun 2002 16:50 PDT |
I'm going to start by stating that I have lots and lots of experience with affiliate and reseller programs. I've developed affiliate websites with traffic from 50 to 200,000 unique IP's a day. Secondly, I can absolutely verify that there the program you're searching for does not exist outside of casino programs. The reason for this is simple. Merchants operate on a low profit margin. Under 30% and probably much much lower. They cannot compete or make money if they give a 40% referral fee to resellers. The only businesses that will offer this sort of program are casinos. There are other programs with 40% referral fees, but these are internet-only services. Domain registration, for example. I can also assure that if someone is offering a 40% referral fee, they're probably being undersold somewhere else. Customers always go to the lowest price. You have to attempt to find a balance between a competitive price and a reseller percentage. While you may make 40% of $100, the customers will buy the product from the website selling it for $60. I'll be honest with you on another factor as well, 1,000 hits a day is good, but not good enough to get you really high referral rates. If you have large (as in over 100,000 hits a day) traffic volume, you can normally work custom deals with merchants for higher referrals rates. To summarize, I'm sorry, but what you're looking for just doesn't exist. xemion-ga |
Subject:
Re: EXCELLENT percentages for reseller
From: tododetodo-ga on 16 Jun 2002 15:23 PDT |
You guys, thank you so much for all your feedback. I am so sad that my traffic has lowered so much but I could safely say at one point I was getting 20,000+ hits a day... and the CPC or impressions were just not cutting it... then they would never send me the checks or they would make up an excuse for which to disqualfy me from the network. I recently applies at advertising.com, but they did not accept me... so basicallymy website has had no content for months and months and months and like i said is now like at 5% of the traffic it used to have and I want to figure out if there is any possible way I can still profit from the traffic it still has originally it was a URL redirect service for people who had long URL's and wanted a free short URL, but like i said, i was making no money off it, the click-thrus rate were horrible and i had to keep changing hosts, god it was a mess, so just said forget it... and now i regret it because 20,000 hits a day was a valuable asset that i have reduced to 5% and im trying to figure out if there is anything i can do to make a profit i found spygear.com, they give you 50% for every piece you sell, but i just don't trust companies anymore, i have had so many bad experiences where i link up a company and they never pay me.... well thanks yáll |
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