The top Influencers may balk at this payment model since they are used to pay-per-post. But again, it’s much more likely that micro-influencers will be open to this model. And to sweeten the pot, you should offer an initial “signing bonus” of free products for them to have, and also a higher commission rate unique for these affiliate Influencers. If your usual commission rate is 10–20% for the average influencer, consider going as high as 50%. Even if the ROI isn’t quite 11X, but say 5X, it’s still well worth the commission costs.
Most affiliate networks these days offer an option to set a specific coupon code as “forced exclusive” to a specific affiliate publisher. This means that any time that coupon code is used, even if no affiliate link was clicked previously, the specific affiliate which the code is tied to always gets commission for sales where customers use that code. This is especially helpful if customers happen to visit a coupon site or a different bottom funnel affiliate before making their purchase when the Instagram influencer was the true referrer for the sale and deserves the proper credit.
Choose products carefully. Don't promote something you wouldn't buy or don't like just to make money. It will backfire and cause you to lose credibility with your website visitors. People are more likely to buy products you personally recommend. If you don't have experience with the product, be sure to check out reviews to see what other people's experience with it is.
Maybe, maybe not. Some of those commission rates still flirt with the industry benchmark for their respective categories, but when you consider that the commission rates used to be standardized across the entire site on a tiered commission structure (the more you sold, the higher commission “tier” you could unlock), some people’s businesses got completely shellacked by this change.
Affiliates may only post affiliate links on social media feeds they operate in line with their website URL, such as Instagram, Facebook, or Twitter. Affiliate links are prohibited on some social sharing sites, such as Pinterest and Tumblr. When posting content outside of Etsy, it is the Affiliate’s responsibility to follow each site’s policies on affiliate link
×