The
mortgage
industry
is
growing
with
interest
rates
getting
lower
and more
and more
businesses
entering
the
trade.
Mortgage
businesses
in such
a
scenario
need to
adapt
newer
trends
in the
business
in order
to stay
ahead of
the
race.
One such
trend is
providing
a
mortgage
affiliate
program.
Not sure
what a
mortgage
affiliate
program
is all
about?
Let's
find
out.
What
is a
mortgage
affiliate
program?
A
mortgage
affiliate
program
is
similar
to other
affiliate
programs
and
involves
the
mortgage
merchant
to pay a
commission
to sales
persons/affiliates
as and
when a
sale is
generated
because
of their
referral.
Mortgage
affiliate
programs
generally
involve
the
affiliates
to
promote
mortgage
services,
mortgage
softwares,
mortgage
brokers,
mortgage
insurance
etc.
Payment
for
online
mortgage
affiliate
program
Pay
per
click
This
involves
the
mortgage
affiliate
merchant
to pay
the
affiliate
based on
number
of
clicks
he helps
generates
irrespective
of
whether
the
visitor
buys
mortgage
services
or not.
Pay
per sale
This is
a
relatively
better
scheme
for
mortgage
merchants,
which
involves
the
mortgage
merchant
to pay
the
affiliate
only
when a
mortgage
sale is
generated.
Two
tier
commission
A two
tier
commission
scheme
is most
recommended
and
helps
recruit
more
affiliates/sales
persons.
This
scheme
allows
the
affiliates
to
recruit
other
affiliates
of their
own and
generate
sales
leads
through
them. So
the
affiliate
merchant
also has
to pay
commission
every
time
someone
below
their
affiliates
makes a
sale.
Many
mortgage
companies
have
started
their
own
mortgage
affiliate
programs
using
existing
affiliate
networks
or their
own
tracking
softwares
and the
trend
seems to
be
catching
on. So
if you
are not
one of
them,
it's
time to
start
thinking! |
