Commissions are an important part of affiliate marketing, it is the money that affiliates earn when they share or recommend your products and their followers purchase the product from your store website using the referral link. This earns the affiliate a commission on the sale.
Affiliate marketing works on this merchant-affiliate partnership, it is a win-win situation, since the sale of products increases benefiting the merchant and the affiliate as he earns a small commission on the sale made.
It is the commission that applies to all products and affiliates, by default it is set to 5%, it can be changed by clicking on Change and changing the percentage/flat rate to a value to want.
You can set different commission rates for different products or affiliates, this helps in setting up different commission rates for different categories of products, as some products may be of a higher or lower value their commission rates can be increased or reduced. The table shows the products, affiliates, commission set for them and actions.
For setting up a new product commission you can click on New Product Commission and search for the product or partner/affiliate and set the percentage/flat-rate. You can also activate bulk mode (Premium). Click Save to save the changes you made.
It is the type of Commission that can be set for a collection of selected products, this is very useful for setting commissions on products that can be marketed together under a theme. The table showcases the collection of products, affiliates commission rate set for the collection and actions.
This is the commission that regardless of the affiliate referral, the affiliate set to the sale will also get the commission. It is useful in creating partnerships with affiliates who want to work with a particular category of product or service. The table shows the products, the affiliates, the commission rate for the affiliate and relevant actions.
You can also set the commission, by clicking on Set Royalties on a Product, where you can select the product, partner/affiliate and set the percentage/flat-rate for sales.
You also have the option to set royalties on a collection of products, by clicking on Set Royalties on a Collection. Here you can select the collection or category of products, the partner/affiliate and set the commission rate.
You can also activate the bulk mode. Click on Save to save the changes you made.
You can modify the affiliate commissions using commission modifiers. Here you can set rules for commissions that an affiliate will earn on their referrals. In the table, you can view the rules you have set, the matches, the commission adjustments, and relevant actions.
To set a commission modifier, click on Add new modifier. Here you can select the rule, set the matches and adjust the commission accordingly.
You select different rules such as:
Order value is >=
Order value is <=
Customer Shipping State
Customer Shipping Country
First Time Customer
Coupon code matches
Customer email matches
Customer tag matches
Click on Add Modifier to save the commission modifier you made.