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Affiliates can transfer their "virtual money" to other affiliates and pay for Merchants products with it
2 years ago submited by Uldis
Affiliates can transfer their "virtual money" to other affiliates and pay for Merchants products with it
Hi,
I know, this option is more from field of MLM, and not typical to classical Affiliate marketing. But, I believe, that it could add quite a few new clients for Post Affiliate Pro.
Example: Affiliate 1 has made 100USD in his Affiliate Back office. Instead of requesting withdrawal, he transfers this amount to Affiliate 2 and receives money from him, not Merchant. It is highly valuable function, when at some MLM program, Affiliates have to pay for some product/service. So, if someone does not have a Credit Card, he can pay directly to person who introduced him, and this person pays for program/service from his commission money.
If I sound too complicated, please just ask me - I will try to explain better.
If you do not want to make such a plugin on your own, maybe you can suggest some programmer, who could.
Thank you in advance.
Kind regards,
Uldis
I know, this option is more from field of MLM, and not typical to classical Affiliate marketing. But, I believe, that it could add quite a few new clients for Post Affiliate Pro.
Example: Affiliate 1 has made 100USD in his Affiliate Back office. Instead of requesting withdrawal, he transfers this amount to Affiliate 2 and receives money from him, not Merchant. It is highly valuable function, when at some MLM program, Affiliates have to pay for some product/service. So, if someone does not have a Credit Card, he can pay directly to person who introduced him, and this person pays for program/service from his commission money.
If I sound too complicated, please just ask me - I will try to explain better.
If you do not want to make such a plugin on your own, maybe you can suggest some programmer, who could.
Thank you in advance.
Kind regards,
Uldis
Approving of payments
2 years ago Viktor Zeman
I just don't know if Affiliate1 will believe, that Affiliate2 will really send him money.
There has to be any handshaking process, which will confirm, that affiliate2 payed money to affiliate1
Let's take a look how it could work:
1. affiliate1 will send the commissions to affiliate2 ... status pending
2. affiliate2 will send money
3. affiliate1 will confirm payment, commission will be transferred
but what if affiliate2 will send money, but affiliate1 will not confirm it ?
There has to be any handshaking process, which will confirm, that affiliate2 payed money to affiliate1
Let's take a look how it could work:
1. affiliate1 will send the commissions to affiliate2 ... status pending
2. affiliate2 will send money
3. affiliate1 will confirm payment, commission will be transferred
but what if affiliate2 will send money, but affiliate1 will not confirm it ?
trust
2 years ago Uldis
Everywhere, where I have seen this option implemented, it NEVER had any handshaking process. I will explain why. Most of the time Affiliates use it, when they know each other personally (for example, Affiliate2 is in Affiliate1 downline). Even more, most of the time - Affiliate2 sits beside Affiliate1 and gives him cash, and Affiliate1 proceeds with registration of Affiliate1 and completes payment for sign-up package using funds available on his/her "virtual account". Almost every time, it is used to make payments for new Affiliate registrations (sign-up package purchase) in Affiliate1 downline, so people he/she deals with are in downline/same team.
P.S. Viktor, I`m glad you are reviewing and considering implementation of this option - it is very nice of you :)
P.S. Viktor, I`m glad you are reviewing and considering implementation of this option - it is very nice of you :)