Topics
- Shopify's affiliate program changes to Impact and commission structure
- Requirements for joining the Shopify affiliate program
- Payment system through Impact
Video summary
The video discusses the changes in Shopify's affiliate program, including its move to Impact and the commission structure. Shopify is looking for entrepreneurs, educators, influencers, and content creators to expand their brand with access to exclusive opportunities and a commission through their referral program. The program is free to join, requires an active website, original content, and experience with eCommerce platforms. After becoming an affiliate, Shopify provides a unique referral handling affiliate link and tracking all the referrals. The change in commission structure now offers a $100 one-time payment for each new Shopify merchant referral. The program has no maximum limit on the number of merchants referred. The video also explains the payment system through impact. People wanting to apply can do so through the link provided in the video.
Dig Deeper
Shopify's Updated Affiliate Program
Shopify has recently updated their affiliate program and moved it over to Impact, where all the stats and conversion information can be accessed. The program is free to join and is open to entrepreneurs, educators, influencers, and content creators who inspire and teach their audience about entrepreneurship with Shopify. To apply, one must have an active website, an established audience, create original content, and have experience with Shopify or other ecommerce platforms.
Commission Structure
The new commission structure offers a one-time payment of $100 for each new Shopify merchant referral that transitions to a paid plan, regardless of the plan they sign up for. Previously, it was a 200% commission structure where affiliates would earn double the amount of the plan the merchant signed up for. This change is beneficial for affiliates promoting the basic plan, which is commonly chosen by those just starting and makes up the majority of referrals. The previous commission structure was potentially more lucrative for those looking to promote more expensive plans.
Payment and Referral Tracking
Payment for referrals is processed through Impact, and affiliates receive a unique referral link for tracking purposes. When a referral signs up for a free trial and converts that trial into a paid plan, it is tracked as an action in the affiliate's account on Impact.
Impact on the Affiliate Marketing Industry
The new commission structure may impact the affiliate marketing industry as other companies may follow Shopify's lead in offering one-time payments for referrals instead of recurring commissions. However, the effectiveness of this change will depend on the popularity and pricing of the product being promoted.
In conclusion, Shopify's updated affiliate program offers a simpler commission structure that may benefit affiliates promoting the basic plan. Applying to the program is free and there is no maximum on the number of referrals affiliates can make. As the program is now hosted on Impact, accessing conversion information is easier and more efficient.
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