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The Pros and Cons of Offering Bonuses to Affiliates

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If you run an affiliate program, the effort put forth by your affiliates impacts on your profits. They more they market a website, the more views your links will get. This should lead to increased sales. Although an affiliate has some control over the money they make, not everyone puts forth that extra effort. For that reason, you may consider offering bonuses to your affiliates. It seems like a good idea, but is it? Familiarize yourself with the pros and cons of affiliate bonuses and then make the decision for yourself.

The Pros of Offering Affiliate Bonuses

Your options. Affiliate bonuses come in a number of different formats. You can decide how you want to offer this reward. For example, you can do a onetime commission increase for top performers. Increase their commission from 2% to 3%. You can opt for a short-term commission increase. For example, increase all of your affiliates’ commission levels from 2% to 4% in the month of December. There are also year-end bonuses. You can opt for bonuses for all affiliates or just those who made a certain amount of money.

They serve as a good source of motivation. As previously stated, not everyone is motivated when it comes to affiliate programs. Yes, it seems silly. An affiliate is in control over how much they make, but some rarely do any work. In fact, you may have affiliates on your program list that don’t even have your links displayed. These individuals will be motivated when they hear about a bonus. For that reason, announce all bonuses ahead of time. Give your affiliates a goal to work towards. If they meet that goal, they are rewarded. If not, it is their loss.