In affiliate marketing, a pay bump refers to the extra sum of money added to the normal salary of the agents. It is usually used as a reward for specific efforts or achievements, such as creating a perfect marketing campaign, attracting new clients and generating more sales. Additionally, it makes your partners more motivated so that they can perform much better work and exceed the plans.
The pay bump can be defined as the increase in salary, or also the bonus, stock or any other benefits. However, the affiliate managers don’t give a pay bump to every affiliate, mainly because they need to get the profit too, and they are to decide the number of costs individually based on the affiliate’s efficiency and how much profit they generate for the affiliate managers.
To convince your partners about giving you a pay bump, you should build a beneficial and efficient development strategy first:
- Send more volume to provide the solid reasons for a pay bump
- Improve your traffic quality
- Leverage the competition carefully, negotiating with them like with a friend
- Keeping a good and strong relationship with your affiliate manager
The ideal formula of getting higher pay bumps must be a winning solution for both sides. In order to get more, you should create a win/win situation for everyone involved.
