There are a few reasons why Shoptype Cosellers can earn, on average, 10X and even higher when compared with average Amazon affiliate commissions. Let's take a look at various aspects of the situation:
Commissions
Cosellers, leveraging the Shoptype Networks and the Coseller Protocol, enjoy distinct advantages in terms of earning potential when compared to traditional Amazon affiliates. While the average commission rate for Amazon affiliates has significantly declined over time, reaching a mere 3.14% in early 2020, Shoptype Cosellers can earn substantially higher commissions, reaching up to 30% or more on average.
To illustrate the contrast, let's consider some specific examples of Amazon commission rates. In April 2020, Amazon implemented rate reductions in response to the rising impact of the coronavirus pandemic. For categories such as furniture, home improvement, lawn & garden, pet products, and pantry, the commission rate plummeted from 8% to 3%. Similarly, health & personal care decreased drastically from 5% to 1%, while headphones, beauty, musical instruments, and business & industrial supplies dropped from 6% to 3%. Outdoors, tools, sports, baby products, and Amazon Fresh also experienced reductions from their original commission rates from 3% to 1%.
#NoSelling
In contrast, Shoptype Cosellers benefit from the advanced multi-touch attribution engine provided by the Coseller Protocol. This allows them to earn for every click on the buyer's journey, not just the final click. Consequently, Cosellers can monetize a significant portion of the engagement they drive, rather than relying on the typical 1% - 2% conversion rate observed in standard affiliate models.
More importantly, this empowers an approach that does not involve hard selling, or even trying to close the sale. Cosellers can just share and earn, knowing that all authentic engagements will get paid out for any revenue generated by the network from their contribution.
In fact, Cosellers are often encouraged to not sell at all, and engage instead in #NoSelling 🚀
Collaboration
Moreover, while Amazon affiliates operate independently, Shoptype Cosellers have the opportunity to collaborate within a community-driven framework. This collaborative approach generates more total clicks and sales, resulting in higher earnings for all participants. These earnings are distributed fairly and transparently, with revenue automatically deposited into Coseller wallets.
Referrals
Furthermore, the Coseller Protocol offers additional avenues for earning potential. Cosellers can earn passive income by inviting new Cosellers into the Shoptype network, earning 5% of their referred Coseller's earnings. This referral program empowers Cosellers to expand their network and increase their total income.
Cookies
It is important to note that Shoptype operates as a first-party network, enabling it to track and close the transaction loop without relying on third-party cookies. This differs from regular affiliate networks that heavily rely on such cookies for tracking member activity. By eliminating the dependence on third-party cookies, Shoptype ensures reliable and accurate tracking of transactions, overcoming the challenges associated with the evolving limitations of cookie-based tracking.
In summary, the Coseller Protocol, with its higher commission rates, comprehensive attribution model, collaborative opportunities, and improved tracking mechanisms, presents a unique and more lucrative earning model compared to traditional Amazon affiliate programs. Shoptype Cosellers can significantly enhance their earning potential and enjoy a fair and transparent ecosystem that rewards their efforts.
