Creating a truly end-to-end, automated referral program sometimes seems like the kind of thing you can only dream of. Especially if you’re just a small business without an extensive development team behind you.
And for many, this is in fact the reality. For too long providers in this space have focused just on the reward tracking and creation, and not on paying the people that actually make things happen in your business: your affiliates and referrers.
Well with SalesCamp that’s all changed now.
We’re excited to annouce that our Automated Referrer Payouts (“Payouts” we call it for short) is now live. This you to set your referral program entirely on autopilot. That’s right, set it and forget it is here.
But what does this mean for you as the business owner and manager of your referral program? Well, for one thing, you’ll have a whole lot more time on your hands. But also you’ll be free of the nagging, beginning of the month song and dance with CSV exports, PayPal MassPay, and all the other shenanigans that go along with many traditional affiliate and referral marketing providers.
At a high level this is what your referral program now can look like:
- New Referrer signs up to your program
- Referrer starts sending new customers to your business
- Referrer gets paid, you get more customers, everyone is happy
We’ve covered how to set up your referral campaign previously, but now let’s dive into what the Automated Referrer Payouts (aka “Payouts”) means for you now.
Extending our Stripe Integration
Building on top of our existing Stripe integration, which allows you to easily track new purchases on your site back to the Referrer that sent the customer your way, we’ve now enabled you to pay those Referrers directly to their bank account.
Yep, you got it. Direct bank transfer to any of 25 countries around the world.
In your Referrers’ dashboard, they will now see a Bank Account tab in the Settings area that will allow them to register for direct payouts.
Here they’ll need the standard personal information (all of which is sent directly and securely to Stripe), as well as the currency and bank account information that they would like the funds deposited into.
Once a Referrer has entered this information they will be eligible for direct payouts of Rewards that are categorized as “Awaiting Payment” in your SalesCamp dashboard.
Your choice of payout methods
With our Payouts feature, we’re taking things even a step further to make this whole Referral Program Management bit easier for you. In your SalesCamp dashboard, we give you the option to pay your affiliates/referrers either in batches, or set the whole thing on autopilot and pay them automatically on the 10th of each month.
If you choose to automatically pay your referrers each month all of the pending rewards that are categorized as “Awaiting Payment” will be automatically paid out to your referrers bank accounts (assuming they’ve entered their personal and bank account information in their Referrer Dashboard).
No more worry about who’s been paid, and who hasn’t…SalesCamp manages the entire process for you without you having to get involved or remember to do anything with your referral program.
Exclusions Can Apply
Of course the question is, if things are on autopilot how can I take them off and manage some things myself?
We’ve got you covered there too. As our Automated Payments go out on the 10th of each month for all rewards that are categorized in the “Awaiting Payment” section of your campaign dashboard from the previous month you have 10 calendar days to make any changes in those pending rewards you’d like.
So say you need to manually create a reward via our REST API, or you want to Dismiss an existing reward from an affiliate for some reason, you have full control over all of those rewards in this 10 day window. But, we never will get in your way or keep your referral program from running on autopilot.
This is an opt-out style system where if you do nothing then your referrers will get paid everything that is due to them. You do NOT need to intervene at all…but if you’d like to (or need to), we give you that flexibility.
Set it and forget it
The main overarching goal with our Payouts feature is to let you truly put your referral or affiliate program on autopilot so you can go back to running and growing your business.
We all have a million things to do each month, spending an hour or two paying our affiliates and referrers shouldn’t be one of them.
Instead, you can now put your entire referral program on autopilot with SalesCamp.