Great product, would love to advertise it to my audience!
Thanks for the suggestion. We are currently investigating an affiliate program (no current timelines) and would be interested in your feedback on ones that you have used that were successful and why...
One of the best affiliate programs that are win-win for both company and marketer are rev-share models where 20-40% of a subscription fee is paid to the referrer. It promotes the marketer to keep their audience with the company by providing on-going support and content that keeps them engaged. The one-off referral fee is nice, but doesn't provide on-going incentive for the marketer to keep their audience going with the product/service.
Alternatively, an enticing setup is an affiliate program with tiers, where 1-5 referrals per month earns $X, 6-10 referrals $X *1.5, 11-20 referrals earns $X * 2, etc. This can promote the marketer to launch special events / courses / dedicated periods of time to your product, and allows significant focus during peak periods.
An example of this is Convertkit for the monthly rev share, and bluehost / siteground for the tiered reward programs. Hope this helps!
Thanks Suzi, this was very useful!!