Haven't you heard of the small business model where you earn commission because you have introduced more people to the brand?
Companies encouraged such business models by paying commission to the associates because they increased sales.
This concept made sense on a more significant level by bringing in the idea of Affiliate Programs. The world of the internet upscaled the profits of businesses through affiliates. Companies made payout or commission to these affiliates based on the customer actions that are related to the recent referral. These payments are constructively made through payment processors like PingPong. It helped companies to save extra pennies for the transfer of funds against the services.
Let us look into the details of affiliate programs that pay with PingPong.
Table of Content
- What is an affiliate program?
- Role of payment processors in affiliate programs.
- Affiliate Programs that pay with PingPong.
- How does the PingPong Affiliate Program Works?
- Conclusion
What is an affiliate program?
An affiliate program is an agreement between the merchants and the associates. The former pays the commission to the associates for sending traffic to their websites. How is it done?
The associates share a link to the merchant's product or service on their website or blog. The number of readers who visit the merchant's website or the number of people who make the final purchase will govern the commission percentage for affiliates.
This percentage of commission is paid conveniently through online payment processors. Unfortunately, not all of them are reliable, and they charge quite a bit of a percentage of the total payment amount. This is why merchants and companies have started using PingPong.
On the other hand, Affiliates trace sales they wired in by using a unique link that the merchant offered them.
Three parties that get involved in affiliate program transaction include:
- The merchant site.
- The affiliate site.
- The customer.
All parties involved in affiliate partnership look for particular features in the payment method that you choose.
Features of Best Affiliate Payment Methods.
Some best affiliate payment methods include:
- Fast approvals and global payments.
- Secure affiliate marketer partner and influencer.
- Efficient global mass payment solutions.
- Verifies identity and contact details to prevent frauds.
- Anytime payment option.
- Accelerated payment options.
- Secured and reliable with low transaction fee.
One comprehensive payment solution for affiliate programs is PingPong.
Role of PingPong-payment processor in Affiliate Programs.
"Affiliate Marketing is an excellent opportunity if you truly believe in the value of the product you're selling. Because many times, you can make money off of something you would probably recommend anyway."-Neil Patel, Founder of Neil Patel Digital India.
Under affiliate programs, you have the chance to make extra revenue by referring business to people from your network. To receive this bonus, you need a payment processing solution to accept the payment online. One such solution is available from PingPong, a reliable, secure, and affordable payment processor.
As a payment processor, PingPong provides the service for a smooth transaction. PingPong is a Global Payment Service. It allows you to get affiliate payments from any company across the globe.
Once the merchant obtains the account details and customers purchase an item, the merchant submits the transaction information of the bank through the payment processor.
For a hassle-free transaction, PingPong-a payment service provider, very less charges affiliates, which is minimum compared to other competitors.
Let us read about affiliate programs that pay with PingPong and get detailed insights.
Affiliate Programs that pay with PingPong.
PingPong has introduced its affiliate program that is open for all; anyone can join it. You can make money by being a PingPong affiliate and earn up to $300 for each new participant. All it takes from you is to promote your registered link to customers, visitors, and contacts.
PingPong Affiliate Program for designers.
PingPong has introduced an affiliate program for designers. The advantage of the program is that anyone can join it. The program is dedicated to designers who can make the best use of it like:
- In their network of product and UX designers, service designers, start-up founders, and product managers.
- If they need to test their product or ideas with real users.
- For any research work.
Getting insights and spreading the word about your product or service is easy. But making actual profits through affiliates is adding to recurring income. Pushing the process to profit-making is your idea, but for that, your word should reach the masses. It should entice customers to invest in your company.
The intent here is to help affiliates grow by making a share of the company's earnings.
Why do you think companies share their incomes with affiliates?
Rewarding affiliates with the commission is an acknowledgement and push to drive more sales. For associates, earning commission could be an extra income that they would want to save as much as possible.
The designer affiliates would want to save the cost under each transaction. Hence, they prefer to use affiliate payment solutions like PingPong.
How can you use PingPong?
Use PingPong, to get people connected to your business. Here are the ways:
- Write articles on PingPong and tell people why it is the best payment processor. Post this informative content on social media platforms that have the exact audiences you look for.
- Make videos on how people can make use of PingPong and share your affiliate link with it.
- Tell your contacts and social media contacts to use PingPong for their purchase.
- Always mention PingPong along with the custom affiliate link for your website.
How do PingPong affiliates earn money?
The designer can push influencers to earn a 20% commission for every customer they refer. The best part is this is not a single payment rather a recurring one. The associates earn 20% commission every month for the first year. In addition to that, 10% in the second year is also available.
Being a PingPong affiliate, your commissions are processed on the first day of the month for sales two months prior. After that, the payment is transferred directly to the bank account.
How does the PingPong affiliate program work?
No, there is nothing complex in the process of the PingPong affiliate program. Here is how affiliate program work:
First Stage: Apply for the PingPong Affiliate Program India on https://in.pingpongx.com/in/affiliate
Second Stage: The affiliate program team from PingPong will contact you and provide your unique link.
Third Stage: Your referrals create a PingPong account using your referral link and start using PingPong.
Fourth Stage: Get rewarded for their transactions through PingPong.
Conclusion:
Earning money is a charm, especially when it is through affiliate programs. PingPong, a payment solution, is a low-cost processing platform for affiliate programs. As a user, you will have to complete your KYC for any transaction. PingPong supports currencies that include USD, JPY, GBP, EUR, AUD, SGD, CAD. MXN, and AED.
PingPong charges very less of the transaction fees, and the amount will be credited to your Indian bank. So it is one of the most affordable payment solution providers that can help raise your revenue. Learn more about PingPong here.