Using MV's Affiliate Tracking Feature
Enabling your users to become affiliates for your products is now very easy to do inside of MemberVault. 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 Settings.
- Click "Edit" 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 Affilaite Center and their links, please reference this article:
How Your People Access Your Site's Affiliate Center & Links
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 users will see them as paid on their end as well.
Please note: this is version 1 of affiliate tracking and therefore is very basic with several limitations. The main limitation is that this doesn't track recurring payments currently. Our payment system will have to go through some upgrades until we can track that properly. This should work GREAT for users who are running a basic affiliate program or who are brand new to affiliate marketing for their products.