New Lottery Affiliate Commission StructureDate: 2012-02-10 08:57:29
We have important news regarding structural changes to the LottaRewards pricing and commission system, which we would like to share with you.
In light of the recent changes to the Powerball pricing structure, the LottaRewards team has come up with the best possible way of accommodating such product pricing changes for our ever-growing affiliate base in the future, while maintaining our competitive edge in the market.
We want to ensure that you, our valued partner, are able to earn more and more commission selling our products and will thus be modifying our commission structure from its current form to the following:
As of 1st March 2012, affiliates will be remunerated as a percentage of the margin earned between the cost price of the tickets and their sale price in the various markets as opposed to a direct percentage of the sale value.
Obviously these percentages will be increased to accommodate for the change. The table below illustrates how these percentages will match up with those used previously:
We have adapted these figures to ensure that the changes to current affiliate commissions will be kept to an absolute minimum, while allowing for more flexibility in the future to deal with lottery pricing changes, special promotions (e.g. reduced prices and offers), and to streamline our affiliate structure for upcoming additions to our product list, both in the lottery and general gaming spheres.
We trust that you will find all this information in order. We are available to discuss any queries you may have about the upcoming changes.
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