0:00
So uh usually payment uh include the
0:03
payment from all the affiliates you
0:05
generated for that brand. Uh and again
0:09
if you want to understand what worked
0:10
and what didn't it's good to have
0:12
tracking to access the data um and it's
0:16
important to understand how to play and
0:18
work with data but again that's another
0:24
and yeah usually all the affiliate
0:26
programs they have a threshold. So, for
0:28
example, they don't do a bank transfer
0:31
unless you have $1,000 of uh of
0:34
commission spending because transfers
0:36
cost money. So, it's important to choose
0:40
the the partner program wisely because
0:43
not all of them can maybe you
0:51
less and less. It used to be nearly
0:53
everything on PayPal a few years ago.
0:55
Now a lot of companies they implement a
0:59
>> so it's paid through wise you don't need
1:00
wise but they use wise to send the
1:02
transfer to bank worldwide uh
1:21
>> yeah I don't know how easy is for people
1:36
Yeah, you just need an email to create a
1:38
PayPal account, but then PayPal takes a
1:39
big cut and uh PayPal tries to keep
1:43
money on their platform. Like if you
1:44
take money outside the platform, they
1:46
take a cut. Um they only send to local
1:49
bank currency and to your local bank. So
1:52
for example, I earn in dollars. My bank
1:54
account is in euros. There's no way I
1:56
don't pay a 7% uh exchange fee
1:59
commission when I send money from PayPal
2:11
>> Yeah. But Revolute is not a it's a
2:13
personal payment system but not
2:17
>> and often they also have poner. I used
2:20
for many years pioneer to to this is
2:23
working worldwide. It's a virtual it can
2:26
be physical card but there is like $3 to
2:29
maintain an account fee per month. Uh
2:32
again a fee on transactions
2:35
but each program has different payment
2:37
systems [clears throat] but they always
2:39
have thresholds like if you just make $1
2:42
you will not get this dollar. For
2:44
example, on one platform, I am sharing
2:46
revenue with my co- instructor and uh
2:49
she was waiting for the money, but
2:50
before she gets $100 of one person
2:53
commission from my course sales, we
2:54
cannot get the money because the
2:56
threshold is $100. And yeah, this
2:59
happens. It can be a problem to some
