How to set up commission rules in Easy Affiliate

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It wouldn't be in your best interest to offer the same commission percentage for both products, would it?

For the handbag, you can afford to offer a higher commission, say 20%, because it still leaves you a good profit. For the handbag, you can set the commission at 5% to maintain profits.

Market trends
It is essential to keep an eye on market demand and competition. If a product is very popular or has many competitors, offering a higher commission could make it more attractive for affiliates to promote.

For example: Let's say you're in the cayman islands mobile database fitness equipment business. Right now, there's a huge demand for home fitness equipment as more and more people are working out at home. You might want to offer higher commissions on your best-selling fitness items to attract more affiliates.

On the other hand, if you are facing stiff competition in the yoga mat sales, increasing your commission could help your mats stand out, making them more attractive for affiliates to promote.

Affiliate Performance
Don't forget to check in with your affiliates to see how they're doing. Rewarding top performers with higher commissions not only encourages them to continue doing well, but also shows that you recognize and appreciate their efforts.

Adjusting commissions based on results keeps your affiliate network motivated and productive.

For example: Let's say you have an affiliate who is consistently racking up high sales of your premium skincare line. To keep this affiliate motivated, you could offer them a special 25% commission on this line, compared to the standard 15% commission offered to everyone else.

Or, if you have another affiliate who is very good at promoting new releases, offering them higher commissions on these products can drive more sales, especially during crucial launch periods.

Setting the right commissions requires a balance of insight and strategy. By taking into account product profitability, market trends, and affiliate performance, you can create a commission structure that not only attracts and retains top affiliates, but also supports your company’s financial goals.