Today Paid On Results gives an insight into the huge boost on our affiliate payment speed which our Payment On Request system has had over the last five years and also introduces further enhancements as it announces the launch of
- Improved analytics of payments made to Affiliates
- New payment alerts
Fast and reliable payment to Affiliates
At Paid On Results we think Affiliate payment is one of the most important aspects of our role as an Affiliate Network and we’re not the only ones who think that. Affiliates agree with us! In the 2011 Econsultancy Affiliate census, affiliates voted payment terms and frequency as the 3rd most important factor they consider when choosing an Affiliate Network.
This is why almost 5 years ago in October 2007, Paid On Results introduced its new payment model for Affiliates called Payment On Request. Since then we have surpassed other Affiliate Networks in two key areas. Not only do we allow Affiliates to submit and be paid multiple times in a month, but we also pay out all validated commission available at time the payment request is submitted.
By eliminating the restrictions and rules put in place by other Affiliate Networks, such as only paying for transactions on a certain day in a month or only paying on transactions which are 6 weeks old, Payment On Request truly allows Affiliates to put their trust in Paid On Results for reliable payment which continues to be unrivalled. This helps Affiliates manage their cash flow efficiently and allows them to re-invest in their marketing campaigns. This, in turn, benefits all of our Merchants.
Put simply, anytime an Affiliate has at least £25 of validated commission, regardless of when those sales where made, we can make a payment to the Affiliate. Our unique payment model sets the standard for fast and prompt payments to Affiliates.
The facts about our fast and reliable payments
In the 12 months to the end of September 2012 we achieved the following
- 19% of transactions are ready to be paid out to Affiliates within 7 days
- By 15 days, 45% of transactions are ready to be paid to Affiliates
- By 23 days, 81% of all transactions are ready to be paid to Affiliates.
New insights and analytics for Affiliates
We are proud of our payment system, with its speed of payment, reliability and frequency. To help our Affiliates truly understand its impact on their payments, from today Affiliates can view detailed analytics after submitting an invoice. This will help highlight just how fast our Affiliates are getting paid. This new reporting is also available to view for all previous invoices submitted. To access this new report Affiliates need to view their submitted invoices in the Payment Centre and then click the Analytics link next to any invoice.
We have also improved our existing invoice reporting so viewing the transactions paid, and from which Merchants the transactions originate, is easier than ever. Again this is also available on all previously submitted invoices.
New Email Alerts
To help Affiliates receive payments as soon as possible, new email alerts have been introduced. Affiliates can configure to be alerted by email when they reach a specified amount of available commission or simply at a given point in the month if there is at least £25 of commission to be paid out.
About Paid On Results
Affiliate Network Paid On Results was established in 2002 and since then has led the industry through multiple innovations and pioneering developments from our reliable, cookieless tracking right through to our advanced reporting and linking methods. Paid On Results is privately owned and one of the few UK networks to be able to boast profits in each trading year since its launch. The financial stability, reliability and constant presence of Paid On Results in the UK Affiliate Marketing industry has meant we have built a level of trust from our partners, both Merchant and Affiliate, that is unsurpassed.