Amazon.com started what could arguably be called the first affiliate program by offering referral fees to site owners.
As the rest of the industry moved to monthly payments long ago, Amazon.com continued its slow quarterly payment method arguably because of concerns about returned items.
Evidently the number crunching is over and the company feels secure in offering monthly payments starting in 2007. Here’s the annoucement.
The fee for issuing payment by check will be raised to $15 from $8… most affiliates receive their payments by bank deposit or Amazon.com gift certificate.
Announcing Monthly Payments!
Beginning January 1, 2007, your Amazon Associates payments will be monthly instead of quarterly, paid approximately 60 days after the end of each month. For example, referral fees you earn in January will be paid at the end of March, and payment of referral fees earned in February will be paid at the end of April. As part of this change, referral fee tiers will be adjusted to reflect monthly instead of quarterly item quantities:
Do any of our readers make a substantial amount of income from Amazon.com? Leave a comment on your experiences.
Home Business » Amazon.com Affiliates To Receive Monthly Payments In 2007 on December 24th, 2006 at 1:50 am
[...] Amazon.com started what could arguably be called the first affiliate program by offering referral fees to site owners. As the rest of the industry moved to monthly payments long ago, Amazon.com continued its slow quarterly payment method arguably because of concerns about returned items. Evidently the number crunching is over and the company feels secure in offering […]Read full entry [...]