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Author Topic: Refer buyers to YayMicro for 20% comission forever + + +  (Read 11320 times)

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« on: September 15, 2010, 06:15 »
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YayMicro has just released a new referral program where we can refer buyers.

The short of it is, you get 20% commission on whatever the buyer buys for the lifetime of the buyers account.

The 20% part is on par with the other sites, but the fact that the referral commissions keep coming forever is a huge bonus.  

There are a few other sweat tid-bits as well.

  • You get 5% commission on your referral's referral. So if you refer me, and I refer buyer Jim and Jim buys $100 worth of credits, you will get $5.00 and I'll get $20
  • You can refer photographers for  0.1   commission on their sales (referral commission is 'live' for minimum 5 years)
  • One of the best parts: You can ad a tracking code to your referral link to see which links work best
  • $5 bonus for adding a link / banner to YAYMicro (given that it stays up for a year)
  • Downloadable excel spreadsheet of the people you referred
  • On the bottom of every page of the site there is a 'referral link' button so you can easily link directly to that page


You can read the full detail on the referral program here.

Yay pays out 50% commission to photographers and gives 1 Euro for each subscription download so if you are sending buyers to a site, this could be a good option.
« Last Edit: September 15, 2010, 07:19 by leaf »


« Reply #1 on: September 15, 2010, 06:29 »
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Looks good, I will stick a link on my website and in my signature here.

« Reply #2 on: September 15, 2010, 06:44 »
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20% for referrals... that's crazy! ("some" sites doesn't give that even to contributors! :))

« Reply #3 on: September 15, 2010, 07:18 »
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20% for referrals... that's crazy! ("some" sites doesn't give that even to contributors! :))

that was my thought too

jareso

  • Boris Jaroscak
« Reply #4 on: September 15, 2010, 09:41 »
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Yes, their new referral system seems to be very interesting and generous! I especially like that part when you get 5% for your referring referrals.

So theoretically it seems to be great piece of thing. Now, hopefully it will work also in reality as well as it appears to be theoretically!
I will give it a try  ;D
« Last Edit: September 15, 2010, 11:47 by jareso »

« Reply #5 on: September 15, 2010, 17:19 »
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20% for referrals... that's crazy! ("some" sites doesn't give that even to contributors! :))

that was my thought too

Lol. Yay is maybe a low earner, but they have light speed payment system, no categories, fast website, and now they have 20% referral earnings that last forever. All these things show us that they really pay attention on contributor's satisfaction and ease of work. I wish them (and us) many new buyers. :)

« Reply #6 on: September 15, 2010, 17:29 »
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wow!

« Reply #7 on: September 15, 2010, 17:44 »
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The 20% part is on par with the other sites, but the fact that the referral commissions keep coming forever is a huge bonus.
"Forever" sounds very long, considering they won't most probably be around "forever". Smells like despair.

« Reply #8 on: September 15, 2010, 18:17 »
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I thought they already got referral program in place. Do I have to change anything in my referral banners to be in new one?

« Reply #9 on: September 15, 2010, 18:19 »
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no sales for contributors.. referrals? LOL

« Reply #10 on: September 15, 2010, 18:19 »
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The 20% part is on par with the other sites, but the fact that the referral commissions keep coming forever is a huge bonus.
"Forever" sounds very long, considering they won't most probably be around "forever". Smells like despair.

Ditto

« Reply #11 on: September 15, 2010, 18:26 »
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I thought they already got referral program in place. Do I have to change anything in my referral banners to be in new one?

You don't have to change anything, and the members already referred will continue in this new program. As for contributor referral - it's the same as before: 0.1 for each image downloaded/bought by a customer. You'll find answer to many questions under the Q&A. :)

FD: We think the people bringing in customers should get the same terms as the photographers bringing in the product. You get photo commission forever, and the same will be for our affiliates. And trust me, we're not going anywhere soon! ;)

We're adding a couple of new requested features tomorrow, we'll get back to you with details.

Cheers,

Linda :)

« Reply #12 on: September 16, 2010, 01:44 »
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The 20% part is on par with the other sites, but the fact that the referral commissions keep coming forever is a huge bonus.
"Forever" sounds very long, considering they won't most probably be around "forever". Smells like despair.
I also see the word beta on the page, so this offer might be changed in the future.  If yay keep their 3rd party deals going, they should be around for a long time and they have more sales from their main sites than some sites that have been around for years.

« Reply #13 on: September 16, 2010, 01:47 »
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Wouldn't it be fairer to pay the contributors 70% if you have that sort of margin to play with?

« Reply #14 on: September 16, 2010, 10:54 »
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Wouldn't it be fairer to pay the contributors 70% if you have that sort of margin to play with?
+1 - I'm a little fed up with contributor referrals everywhere. You just attract the professional referral hunters. At the contrary, I'm all pro buyers referrals.

70% is not sustainable, certainly not for a Nordic agency where the cost of living is very high. For a stock agency, you need at least one sales person (also the chief strategy officer), a good programmer (or chief technology) and one phone support/accountancy person. That's already 3. Add some reviewing costs, and you'll see why it's not that simple as adding a Photostore install on a server and pray for Google.

Fotonaut

« Reply #15 on: September 16, 2010, 13:42 »
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70% is not sustainable, certainly not for a Nordic agency where the cost of living is very high. For a stock agency, you need at least one sales person (also the chief strategy officer), a good programmer (or chief technology) and one phone support/accountancy person. That's already 3. Add some reviewing costs, and you'll see why it's not that simple as adding a Photostore install on a server and pray for Google.


And youve just described Yay: 3 person team (good programming no doubt given their site), absolutely no Photostore install ( http://is.gd/fdJSZ ).

« Reply #16 on: September 17, 2010, 01:45 »
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Wouldn't it be fairer to pay the contributors 70% if you have that sort of margin to play with?

Haven't we seen already seen the failed attempts from sites that pay 70% or 80% to the photographers and having nothing left for advertising.  80% of 0 is still 0

Paying us 20% for referrals is basically using 20% of their gross income for advertising, which is certainly not overspending and should help generate customers.

« Reply #17 on: September 17, 2010, 01:57 »
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And youve just described Yay: 3 person team (good programming no doubt given their site), absolutely no Photostore install ( http://is.gd/fdJSZ ).
I know. I actually saved your PDF link before.  ;)
My reaction was more intended towards those that think starting a Coop site is easy. Technically, it's certainly easy but they forget you'll need at least 3 full-timers to make it work.


« Reply #19 on: September 21, 2010, 03:02 »
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Update:
After request we've made a few changes:
Cookies will track your referral for up to 30 days. This to ensure that you actually get the referral credit for the people you refer. We have also changed the referral-input box. It won't show when you are referred, but it will be visible if you're not entering the site via a referred link. This to make sure that people don't remove referrals, and to make it easier to refer people without using links. (Now all they need from you is your username - they will still get a 20% discount.)

And to be clear: Beta is beacuse we'll improve the program when we get feedback. The commission and terms will be the same after the beta-period.

Cheers, Linda

Sounds great, two welcomed changes.

Fotonaut

« Reply #20 on: October 12, 2010, 10:23 »
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Be careful using the search box though. It has no affiliate reference.

« Reply #21 on: October 12, 2010, 11:06 »
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Be careful using the search box though. It has no affiliate reference.

Oh, I'm glad you discovered this! I don't know how you'll add the referral link to it, but I'll check with IT and fix it on the page asap! If you find any other missing parts please tell us!

After feedback from users we'll soon update the program with more buyer friendly coupon codes, with a focus on the discount for the buyer - and not on the fact that you're referred.

Cheers,

Linda

« Reply #22 on: October 13, 2010, 17:04 »
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Hi All

This is definitely a good scheme.  I contribube to YayMicro and like the simplicity of the scheme.  My photos get very few views though, but that could just be me!  Still anything that helps the site to develop has to be a good thing.

If you haven't joined then you can see it all here:

http://yaymicro.com/register.action?referredBy=jwsc101
 
The question I have about this is how to find potential purchasers to refer.  I can kind of think where to go to find potential contributors but really, where do I start looking for people who are going to sign up to buy?  Any ideas guys?

« Reply #23 on: October 15, 2010, 16:54 »
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Why not offer me 100% of my sales? So far in 2010 I've had 0 sales with Yay. So think of all the money they'll save. ;D

« Reply #24 on: October 19, 2010, 22:56 »
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I don't know, maybe I'm missing something. I would never have known about this new program had I not come here looking for something else. It seems a little silly to have to go to another site just to find out information about YayMicro. I still liked it better when the forum was where it belonged - on YayMicro. Maybe an alternative to not putting this information on YayMicro would be to at least send email to the contributors so they would know what is going on. For some reason, I'm not getting the notices from this site anymore, either. Not sure why.

I'm not sure if I understood you correctly in a previous post, Linda. Do referrals that we had before this program started count for anything, or do we just lose any benefit from them?

Thanks.


 

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