Increase Advertising Agreement Legitimateness with Digital Signature in United States

How to eSign a document: digital signature legitimateness for Advertising Agreement in United States

if you have a big enough audience you can make some referral income referral income is when you sell someone else's product or service on a commission and thanks to the signaturely guys we have a free template for that stick around because in today's video I'm gonna break down this template that you can use right now to get more referral business for your agency how to do this and you can have it for free I'm going to tear it down this video is brought to you by signaturely huge fan of those guys they're one of our longest running sponsors so if you wouldn't mind going down and signing up with the link below it's free to join for three signatures and if you haven't subscribed yet be sure to subscribe below and hit that like button for more videos like this let's start with the basics what is a referral agreement referral marketing is a type of joint venture where a product or service seller will pay a commission to a third party for every sale that they make the third party in this context is known as the referrer for example a financial advisor the seller pays a five percent commission fee to a mortgage broker the referrer for every client they successfully refer why is that important why is a referral agreement important well joint venture marketing is an old school strategy that's been around for what seems like forever the problem is most of these deals are made under the table or through handshakes and so that makes them hard to enforce and hard to collect on the challenge with these loose agreements is that commission payments can get missed or there's no transparent process to track leads accurately often resulting in disputes if this strategy worked as good as everyone said like you can get sales people to just sell for you it's all tracked everyone will be promoting everyone else and it would be used a lot more but all of those legal issues the attribution the payments all of that is much more complicated than it seems and that's why you need a referral contract because a referral contract keeps everything above board and is a point point of reference to hold all parties accountable to what they initially agreed what are some best practices well some best practices for using a referral commission agreement are one you want to get face to face with referral Partners you don't just want anyone and everyone to be signing up for your referral program you want to keep the link hidden and only make referral deals with certain partners that you know one will get value from the offer or two will be able to make sales for you for instance for a lot of our SAS products I don't let anyone into the referral program unless they're a paying customer of the SAS because if they don't value the software enough to pay for it how would they feel good about selling their audience on the software wouldn't make any sense so get face to face be specific with your commission structure as well so if it's 30 for a year then let them know that it's 30 for a year paid as the client pays and if the client stops paying they stop getting paid be very very clear about what it is don't try to mislead your Affiliates or tell them a deal that's different than the way that it actually is and be transparent if there's issues with the affiliate program if there's issues with the software talk to the Affiliates also be transparent in terms of the conversion rates if your landing page only has a one percent conversion rate then tell that to Affiliates so they know that maybe your offer is not worth promoting or maybe they need to make some changes to the way that they're selling it and not just take everything you say at face value so here is the referral agreement from signaturely you can see it's broken down by the parties the term the termination all the payments and fees are covered the confidentiality limitation of liability Indemnity dispute resolution severability everything that you'd need in this contract and it's only three pages long thanks to signaturely for providing all these documents I know it's tough when you're starting out as a freelancer you don't want to have to hire a lawyer you don't have to do all this stuff so it's great that signaturely are creating these documents and sharing them with us for free it's very high value stuff and I'm also grateful that they continue to support this channel so if you want to go on signaturely you want to get this referral agreement then go on over to the link in the description and you can download this for free either as a doc or a PDF if you want to learn more about lead generation and join a community of awesome people Plus have me talk to you every single week about growing your business then join email 10K which also comes with all of our courses on how to start and grow your agency or SAS and if you want three free signatures every single month for your e-signed contracts then head on over to signaturely and the best way to do that is to click the link down below so that signaturely sees that you from our channel are signing up get that free contract and you get those three free eSignatures thanks for watching the video be sure to smash that like button to encourage this type of content subscribe for more videos like this and I'll talk to you soon thanks for watching I'm Alex Berman