Anyone promoting these, I just started a few days ago.
I've only had one customer, so cant be sure, but are there many deductions? I cant see them specified anywhere, and cant tell properly from one customer and one £20 deposit. However, £11.95 deductions on a £20 deposit/loss seems high.
I was going to replace Sky with these, but not if the commission rate is closer to 10%.
Hi colinsunderland,
You can see the deductions that are applied to the Gross Gaming Revenue generated by your players in your affiliate account, just below the statistic table.
This is how we calculate the Net Gaming Revenue:
Bets – Wins – Promotional Costs – Software Costs - Licensing Costs - Transactional/Payment Costs - Any Chargebacks or Returns
In your case, your player had 20£ of GGR to which we deducted the transactional costs for depositing 20£, the promotional costs related to the 100% Welcome Bonus he/she used, the software costs related to the games he/she played to and the licensing costs related to the UKGC.
Keep in mind that the UKGC applies 15% tax on UK players while our other regulating authorities do not apply any taxes. In other words, if you send players from Sweden for instance, your commission won't be impacted by any licensing costs.
Hope that's clear enough.
On a £20 deposit & loss on Skybet I would get around £4.10, slotsmillion is showing £1.85 for the same deposit and loss. As much as I get that costs will vary, and also that 1 customer making one small deposit isn't much to go on, thats a massive difference, I mainly don't want to get stuck into heavily promoting an operator that isn't going to pay as much as I expect.
When you register in Affiliate REPUBLIK, you get a 20% commission percentage by default. As bad as it sounds, it doesn't mean that you are stuck with this deal forever but this is why you only got £1.85 of commission from one player losing £20 deposit
Which I agree, is very low.
Now, if you wonder why our system works this way, it's simply because we want you, affiliates, to have a discussion with us before getting the ball rolling. This discussion is the moment to get to know each other, to negotiate a deal that pleases both sides and think about the best way to promote our casino based on our brand's specificities and on your acquisition channels' ones. I personally feel like there's more chance to build longterm partnership by starting off this way.
If you and possibly other affiliates following this thread don't share this opinion or want to add something, please don't hesitate to give me some feedback
We are working on a rebranding and optimisation of our affiliation programme as we speak.
N.B. My colleague Nina sent you a welcome email the day after you registered, on Monday 18th of September to which you didn't reply. I just sent you another one now. Hope to hear back from you soon!
I find the affiliate control panel quite confusing and for the first 25 days of September the last few columns were not working correctly. For some reason I still see five different currencies in the drop down menu, not sure if you see the same?
The downside of promoting SlotsMillion is that players can cash-out early from the SUB and the weekly 50% bonuses. From 42 FTD last month, a hell of a lot made withdrawals leaving a big negative balance.
A good outfit, but if you're intending to replace Sky there are many others which would be more profitable IMO.
Hi Nicola,
- "Control panel quite confusing" --> Could you be more specific? As I just said to Colin in my answer above, we are now working on improving our affiliation platform, Affiliate REPUBLIK. So I'd appreciate hearing recommendations now or asap
- "for the first 25 days of September the last few columns were not working correctly" --> Indeed, there was an issue with the NGR calculation for UK players and the licensing costs they bring up, which thanks to your precious feedbacks, we solved asap.
- "For some reason I still see five different currencies in the drop down menu, not sure if you see the same?" --> Are you talking about the "See details" button? If so, this is made on purpose in case one day you start sending traffic from other GEO than UK, with different currencies.
- "The downside of promoting SlotsMillion is that players can cash-out early from the SUB and the weekly 50% bonuses. From 42 FTD last month, a hell of a lot made withdrawals leaving a big negative balance." --> You can see this both ways. It can sound bad in the short term because, yes, players can request a withdrawal of their real money at anytime, bonuses are not sticky. But if you look at it longterm, players might also come back to our casino instead of another one because they feel it's fairer to have non-sticky bonuses.
The reason peeps that deductions appear high is that the SM portal shows all the detail in one place. I had an issue as like Nicola I had over 40 NDP's since I joined them half way through September and the w/d's were 6.5k less than the deposits, even taking the 2k bonuses off I should have had my share of over 4.5k. I was showing 20 euros earnings, net commission! I asked Thomas to investigate and he agreed it was BS, and my stats were amended to show the more substantial earnings I knew I should have had.
Hi dunover,
Thanks for your feedback on this too!
Slotsmillion aren't bad but their commission is low, you don't even get an introductory 45% for 3 months, or scaled %age that I can see.
When you say "their commission is low", do you mean that you find our deductions to be too high or that your deal with us as an affiliate is too low?
Scaled percentage is something we are looking into. I like the concept. I am just wondering whether we'll develop that internally as we've done for the rest of the platform or externalise it with a solution like NetRefer, Income Access or EGASS. Any opinions on that?
Cheers,
Thomas.