1. No Barrier to Entry: Since there's no cost associated with the service or product, potential customers don't need to make any financial commitment, making it easier to attract leads.
2. Higher Conversion Rates: Users are more likely to try out a free service, as it doesn't require an upfront payment. This can lead to higher conversion rates compared to paid services.
3. Wider Audience Appeal: Free services are generally more appealing to a broader audience, as they don't have to invest money to try it out.
4. Builds Trust and Credibility: Recommending a genuinely useful free service can build trust with your audience, as they see you're providing value without any hidden costs.
5. Encourages Trial and Adoption: Users are more likely to try out a service if it's free, which can lead to higher adoption rates and potential upsell opportunities later.
6. Easy to Promote: Promoting a free service is often easier, as it doesn't require convincing potential customers to make a purchase.
7. Less Friction in the Sales Funnel: Since there's no payment involved, the process of converting a lead into a user is streamlined, resulting in a shorter sales cycle.
8. Opportunity for Upselling: Once users see the value in the free service, they may be more inclined to upgrade or purchase related products or services in the future.
9. Increased Brand Exposure: A well-promoted free service can lead to increased brand visibility, as satisfied users may refer others or share their positive experiences.
10. Positive User Feedback and Reviews: Offering a valuable free service can lead to positive feedback and reviews, which can further enhance the reputation of the service and your affiliate efforts.
11. Long-term Relationship Building: By introducing users to a free service, you have the opportunity to build a long-term relationship with them. This can lead to continued engagement and potential future affiliate sales.
Note: Affiliates can set a 0% - 100% coupon for selling either at full price or as a free service.
Go to Marketing > Affiliate Manager.
In the Affiliate/Promoter module, click on the three dots next to the Affiliate to which you want to add the coupon code.
Note: The coupon will only work in the corresponding affiliate’s link. If the coupon is entered under another affiliate’s link, it will not grant the discount.
Click on "Add Coupon."
Select the campaign from the dropdown menu.
Enter a user-friendly coupon name.
Click on "Generate Code" (you will be required to click on Generate to get the coupon code).
Select the percentage type:
If you want to offer a free service, set the discount to 100%.
If you want to offer a service at a specific price, set the discount from 0% to 100%. (Note: 0% is used for tracking affiliates.)
The fixed coupon support for the affiliate management software, allows admins to create coupon codes for affiliates that offer a fixed dollar amount instead of a percentage discount. This provides greater flexibility in promotions and can be particularly useful for businesses looking to run specific discount campaigns.
For instance, MedSpa can give each customer a coupon code to share with friends, offering a fixed discount on services while tracking the referral for affiliate commissions.
To use this feature:
Navigate to the affiliate management section.
In Affiliate/Promoter module, please go to any specific affiliate
Select "Coupon Code."
Choose the fixed coupon option.
Enter the coupon details.
Save.
1. How does setting a 0% discount help in tracking affiliates? Setting a 0% discount allows you to track affiliates’ activities without offering a discount to customers. This is useful for monitoring performance and calculating commissions.
2. Can I use both percentage and fixed coupons for the same affiliate? Yes, depending on your promotional strategy, you can offer either percentage-based discounts or fixed dollar amount discounts through the affiliate management system.
3. What are the advantages of using fixed dollar coupons over percentage discounts? Fixed dollar coupons provide a clear and straightforward discount, which can be more attractive to customers. They also offer greater control for specific promotional campaigns, making them ideal for targeted marketing efforts.
4. How can I track the effectiveness of affiliate campaigns using these coupons? Coupons allow you to track conversions and affiliate performance by linking specific promotions to individual affiliates. This data can be analyzed to measure the success of campaigns and optimize future strategies.
5. Can affiliates share coupon codes directly with their audience? Yes, affiliates can share their unique coupon codes directly with their audience. These codes can be used to apply discounts when users sign up through the affiliate's link, helping to drive traffic and conversions.
