Affiliate marketing is an arrangement in which companies or brands partner with individuals known as ‘affiliates’ to promote products or services. This helps the businesses create more awareness of their offers while those who plug their merchandise receive a commission on any resulting sales. To keep track of their partners’ successes, brands provide special links with Magetop Affiliate Module (MAM) parameters for their affiliates to share with leads. They can then collect data on how many click-throughs and sales their promoters earn.
Affiliate Program For Magento 2 Features :
- Unlimited Affiliate Accounts & Affiliate Campaigns.
- Smart Referral Links, Email Notifications.
- Multiple Affiliate Programs & Multi-level Marketing.
- Support Pay Per Sale & Customizable Affiliate links.
- Support Affiliate Groups & Refer a friend.
- Lifetime Commissions & Withdraw Commissions.
- 100% Open-source, Support multi-store, Support multi-language.
- Easy to install and customize.
What Is The Use Of This Module and Why Should I Use It ?
By the easy way to understand, Affiliate Marketing brings a great chance to make money online when publishers called as Affiliates effortlessly assist the business in advertising your products, services or site. Just visit online store, find the favorite item and then share as well as refer it to others. And the awarded prize is an amount of commissions that is a piece of profit store owners as you give to them when a sale is created. Apparently, it is simple to know that Affiliate Marketing establishes subtly a beneficial relationship between store owners and consumers.
Discovering the huge benefits from Affiliate Marketing, Magetop confidently releases Affiliate extension based on Magento 2 platform for all eCommerce stores. Magetop Refer a Friend module becomes a crucial marketing tool when allowing to build multiple affiliate programs with a variety of actions to earn the commission as you need for the own Affiliate system. Coming with Magento 2 Affiliate Standard edition, you will arm the most necessary features for the successful marketing strategies.
Multiple Affiliate Programs
With Magento 2 Affiliate by Magetop, as administrator, store owner can generate Affiliate programs as many as possible without limitation. Each campaign will be assigned to specific Affiliate Groups and the exact duration if you need.
For example, beside getting 10% value of an order that Tier 1 creates, Magento store owners also allow their Affiliates receive 5% value of the order from Tier 2 even Tier 3 or Tier 4 depending on your strategy at this time. The larger Affiliate network, the much more money Affiliate earns. Hence, Multi-Level Marketing is the powerful reward program from Magetop Affiliate Standard to promote the network expansion, that means you will own the robust sales representative to drive your sales growth.
Pay Per Sale
Each “Pay per Sale” rule is managed by administrator and affiliate as well through a value of commission and type of commission policy from 1st order and next orders. There are three types of commissions policy: Percentage of grand total, Percentage of total profits and Fixed amount.
Admin will pay commission as a prize for Affiliate right after he creates a sale via Affiliate link. From Magento 2 configuration, you can set up as the following to auto plus the amount of commission into his affiliate account.
Customizable Affiliate links
Module supports two styles of URL to customize the Affiliate link: “Parameter” and “Hash”. Give an example to help you visualize clearly:
Create many Affiliate Groups containing Affiliate members from Magento 2 Configuration for the better classification. The groups are managed in the grid by Magento 2 system.
Refer a friend
Affiliates easily refer a friend via numerous of channels:
- Insert a banner with an referral link
- Hide refferal links with Deep Link or Direct Links plugin
- Send emails invitations to friends
- Sharing on social media with 250+ social buttons
- Embed widget on affiliate websites
Enable Lifetime Commissions add-on to show that Affiliates will receive commissions on all future purchases in whole-life by customers whom they led to your store. The Lifetime Commissions is a big motivation for Affiliate team to promote your products and services and raise your sales in an impressive way.
Affiliates can withdraw their commissions via most popular payment methods:
- Bank Transfer
- Offline payment
Affiliates can setup recurring payment, when the commission reached out the minimum payout amount. The payout request will be created automatically.