Enabling your members to become affiliates for your products is now very easy to do inside of MemberVault. The below shows you the front end of the affiliate center (what your affiliates will see), and then under that, the back end (what you'll use to manage your affiliates).
This step-by-step guide will show you how to set everything set up and how to track/pay your affiliates!
Setting Up Products
Go to Affiliates in your left-hand navigation menu and select Products.
By default, all the products that you created will be added to the 'Products' Not Shared Area':
To activate your Affiliate Center and accept affiliates, you'll need to click the Edit icon next to the products you want to enable your affiliates to share.
Set the status to "Active" to activate that product for Affiliate Tracking.
Next, select your payout type, amount, currency and even supply a message for affiliates about that product.
Payout Type "None" is best used for any of your free products as it will allow your affiliates to share the product and have their affiliate cookie set, but there is no financial payout for conversions on that product.
Payout Type "Percentage" will calculate the payout based on how much the user actually paid for it. So if they used a coupon, the percentage is taken post-coupon.
This only works for products that are using the MemberVault payment system.
Each product has a dedicated payout amount. At this time, you cannot customize your payout amounts by Affiliate - everyone receives the same payout set for that product.
Once you have these settings in place and have at least ONE active product, your users can start sharing your product.
To have access to the affiliate links for your active affiliate products, a person only requires that they have an account within your MV Site. They do not need to 'own' the product they are promoting on your behalf.
Any person who has an account within your MV Site can access your Affiliate Center and promote your products for you using their unique affiliate link for the product.
To learn more about how your people/affiliates access your Site's Affiliate Center and their links, please reference this article:
A few additional notes:
If someone has been shared a link to your product by multiple affiliates, the credit will be given to the affiliate whose link was last clicked.
MV tracking only applies to purchases made using the MV checkout cart. If you are using an external checkout cart system such as ThriveCart, SamCart etc, you will need to use their Affiliate Links in order to track your Affiliate sales.
Generating Reports / Payouts
To access the reporting area for your Affiliate Tracking, go to Affiliates > Reporting in your left-hand navigation menu.
From this area, you can generate a CSV which will allow you to easily bulk pay affiliates via Paypal, or whatever payment system you use.
Payouts are not processed from within your MV site.
Once you've paid everyone, simply click "Mark as Paid". This will clear out your pending commissions, AND your members will see them as paid on their end as well.
"How do I grow my list/increase my sales" is one of the most challenging business puzzles, and one of the most popular answers to that puzzle is an affiliate program. In our Grow with Affiliates toolkit (included in all paid plans), you'll get advice on running your first short term affiliate promotion and pros/cons of a short term vs an ongoing affiliate promo.
Want to become an affiliate for MemberVault? Get started here!
Related Articles:
Questions? Reach out to us at hello@membervault.co, within our Facebook group, The MV Collaborative, or via chat support within your admin account (not sure how to log in? look up your account here).