I was advised to re-post this here. So it's a copy/paste. if you agree vote in an attempt to change the system.
Year later $450 on pending.
I believe that your affiliate mechanism is not motivational enough. Although we could call it pure shit - no excuses, keep reading.
You should definitely design a new strategy that will actually encourage people to recommend your services.
For an example:
I'm extremely happy with everything you do. The servers are fast and reliable. The pricing is amazing. The control panel is amazing. Literally everything is great, but not just great I can call digitalocean a dream.
However this won't force me to make an effort to recommend your services. I need a working and legit affiliate program to do it as I believe many others need such program too.
My personal advice is that if you want to increase sales, you should actually start sharing % of the revenue with those who bring new clients here.
Just imagine how many new potential clients you avoid by not stimulating affiliates with bigger capabilities than my own.
What if I can promote your service to 1 000 000 audience? But why would I?
To get internal credit that stays on Pending for undefined time which you could actually extend like forever. In such terms, there's no way to share digitalocean to that audience.
What if I can run paid campaigns to promote your service in order to drive more income to you? I won't, why? Because of the same reason above. Your affiliate program is shit.
Change the way your affiliate program works.
Here is the best and most effective method to grow as company, award affiliates like so:
- Initial commission paid to affiliate for each new client. 60-70% of the total money spent by the new user. e.g user spends $100 , you pay the affiliate $70.
- Recurring commissions. Pay your affiliates each month.
When the user has a monthly billing, pay 10-20% of that amount to your affiliates.
The conclusion is simple. You won't bank hard in the first year,
but implementing such method will scale up your company brand awareness and net worth in less than a year.
Taking care for affiliates can force your income to explode in a year or so. Do not underestimate the power of affiliates.