If you’ve been in affiliate marketing and/or product creation for any amount of time, you know that there are a myriad of ways that one can set up his affiliate program.
One of the most appealing options is instantaneous, direct to Paypal affiliate payments, right? This is for obvious reasons. The affiliate likes it because he does not need to wait to get paid out. The vendor likes it because he attracts more affiliates and doesn’t have to deal with tax forms.
But there are a couple of BIG inherant problems with RAP, 7DS, Payspree, and such…
1) If there is a refund request, it often goes to the affiliate, who is not really the appropriate person for handling refunds.
2) The affiliate needs to be trusted to send the refund (in a timely manner, too). Anything else could result in big problems for the seller.
3) Payments usually alternate between vendor and affiliate. This seems all good but when the amounts are big and the commission percentages are not 50 or 100, it can get pretty funky. I’ve gotten shafted by this a couple of times.
4) All of the current scripts use Paypal’s IPN system. This is known to be WIDELY unreliable as far as timing is concerned. I mean, it’s always sent, we just don’t know when sometimes. And that means, a supposed instant download could take hours. This results in headaches for the vendor and buyer, as well as in unnecessary refunds.
So up until RIGHT NOW, this is what we would have to compromise in order to have this payment solution. And vendors know that while having direct to paypal commissions is attractive, it’s not a good solution when you have an army of affiliates. Actually, it could be a disaster, especially if you don’t have a support team behind you (like maybe Sean Donahoe does).
Why do I say “right now”? Well, a buddy of mine has just come out with what I believe is the ULTIMATE SOLUTION. I’m dead serious. This is revolutionary when it comes to payment processing. It’s what we’ve all hoped for, but never really thought would happen - especially when Mike Filsaime promised to add it to PayDotCom after Paypal changed some of it’s IPN technical issues and his programmers couldn’t handle it and that never materialized.
So now I present to you, DigiResults! Click here to find out more.
What’s different?
1) Vendor-affiliate split is made on EVERY transaction. Commission %s can be set at any any amount (100% and under, of course).
2) Affiliates grant permission to DigiResults to handle refunds. Buyers will never know who the affiliate officially is and therefor affiliates will never have to handle refund requests or customer concerns.
3) Paypal’s IPN is a GONER! The system actually actively queries Paypal instead of your server waiting for a notification. This is revolutionary. Maybe Nanacast can figure this out someday!
4) DigiResults has a new marketplace, just like Payspree, where you can find and promote any offer. Very cool.
It’s basically the next best thing to come along in payment processing.
Is it perfect? No, of course not. It’s in its infant stages. I think at this point there may only be 5 products in the marketplace. But I remember when I signed up for Payspree there was only 1, and now there are thousands. And I liked Payspree at the time… but it has the same inherant problems as the other scripts and basically ONLY acts as a marketplace where as DigiResults is offering a payment solution AND a marketplace. It’s only going to get better from here.
THE BEST PART: There are no monthly fees or costs for signing up. However, DigiResults takes a commission for each transaction. At first, I gawked at the amounts and immediately went off to write the creator about it. But then I thought for a moment and headed over to Clickbank to check their fees. Actually, it seems as though DigiResults have taken a page out of Clickbank’s book, but ultimately their fees are lower! Considerably lower (especially if your product is priced $10 and over)! Where as Clickbank charges $1 + 7.5%, DigiResults charges $.50 + 5%. That’s BIG.
So long story short, this is a HUGE moment in Internet Marketing. I haven’t moved my products over there yet (I have some things to consider)… but I wouldn’t be surprised if you see at least one of them over there soon!
Go now to sign up at DigiResults and leave those nasty IPN scripts behind!
