My fiancee is a Speech Pathologist managing a small business, where she provides therapy to children with developmental needs. She's considering partnering with another local speech therapy provider(s) to set up an affiliate arrangement, wherein she would receive some type of referral commission for passing on quality leads. She's in a good position as her schedule is full and she doesn't have the bandwidth to help out all the families that inquire about services. Do you have any advice on a reasonable, fair compensation structure for an arrangement like this? Is there any way to accurately track her referrals, or will she simply have to trust that my partners would credit me if a lead converts? Thank you for your help! Best, Vince
Hello Vince
As you commented is totally normal and fair that you stablish a compensation structure and furtherore that you can track his/her performance in order to pay.
As a rule of thumb the compensation structure is variable and is frequent that you pay for an action, in this case i.e. you can pay for referrals. Of course, its going to be very important that you can also establish the quality of this referral and also a quantity of money for each,
I will be more than happy to dupport you if you have more questions about or if you want my help.
Regards
Zuli
Answered 7 years ago
Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.
Already a member? Sign in