Economy

This guide will help you as an affiliate or influencer to find answers on your questions regarding economy, commissions, payments, referrals etc.


When do I get my commission?

Once you have delivered a transaction, it will go through a few different steps before the commission will be paid out to you. It usually takes between 1-3 months from the time a transaction takes place until the commission will land on your account. Down below, we have listed how the process works!

Waiting for approval

This is the sum of all transactions that are still waiting to be approved by the advertisers. A reason for not approving a transaction could be that the customer has returned the order.

If you click on the text ”Waiting for approval” you will see a list of the advertisers to whom you have delivered transactions and where the transactions are waiting to be approved by the advertisers.

Approved by advertiser

This is the sum of all transactions that has been approved. The advertisers will soon be invoiced for these transactions.

If you click on the text ” Approved by advertiser” you will see a list of the advertisers where you have approved transactions.

Invoiced

This is the sum of all transactions that the advertisers has been invoiced for. As soon as the advertisers has paid their invoices, your commission will be ready for the next payment.

If you click on the text ”Invoiced” you will see a list of the advertisers who has been invoiced.

Ready for next payment

This is the sum of all transactions that are ready and will be paid to you upon the next payment day. Click on the text ”Ready for next payment” and you will see a list of the advertisers to whom you have delivered transactions and who are now ready for payment.

Commission

Our advertisers pay you for performance and results. How and for what, sale or lead, each advertiser pay are presented at each advertiser's program page.

Percentage-based commission

The majority of our advertisers pays a percentage-based commission. This means that you as an affiliate or influencer gets paid when someone clicks on your ad or text link and then makes a purchase at the advertiser. If the commission is 10%, you get 10% of the order value. In other words, if someone clicks on your link and then place an order where the order value is 1000 SEK, you get 100 SEK in commission.

iSale / post view

Some advertisers offers commission for iSales, also called post view. This means that you as an affiliate gets commission even if the consumer (website visitor) haven't clicked on a banner on your site before they make a purchase. It is enough that an ad only loads at the consumer for the commission of the sale to be generated.

Usually, the time between an ad-impression and the conversion is shorter for iSales than usual sales where a click is involved. Keep in mind that you have to publish a banner from an advertiser that offers iSales to get this type of commission.

Segments & segment adjustments

Some affiliate programs offer a so-called commission or segment ladder where you as an affiliate or influencer gets a higher commission if you achieve a certain level of deliveries. Generally the deliveries are measured in the number of sales per month, but other methods may occur, for example total order value.

Shortly, you can say that a commission ladder works in three different ways.

If we assume that an affiliate program offers a commission ladder according to this model: 10% for sale number 1-9, 12% for sale number 10-19 and 14% for sale number 20 or more. Then your commission can be registered in three different ways, as described below.

Segment, model 1)
In this model your commission (10, 12 or 14) is based on the results you delivered during the previous month. We do not recommend this model since we don't think it is fair. Assume that you deliver a lot of traffic that converts in December. This will place you in the next commission step for January, but if you have a much lower delivery during that month, you will not receive a full dividend for your good delivery in December.
Segment, model 2)
Another model is that you as an affiliate or influencer get the standard commission from the start of the month, and when you reach the higher step you will get the increased commission for future sales. The number of steps in the commission ladder can be several.
Segment, model 3)
This model is very similar to model 2, but the big difference is that you are also compensated for retroactive sales during the month. For example you will get 10% for sale number 1-9, and when you reach sale number 10 you will get 12% for that sale, and we will also add a transaction called ”Segment adjustment” which is the sum of the extra 2% per sale, for sale number 1-9.
With this model you will get the highest commission possible for all your delivered sales within the current month. The calculation starts over for every new month, and your sales will be registered with the lowest commission until you, hopefully, reach the next step.

We think the third model is most fair for everyone, and this is the model we recommend and are striving to work with. It is the most common model in our platform.

Payment

For companies, we will pay your earned commission on the 15th each month. If the 15th should occur on a public holiday, you will get your payment the following workday. It might take a few days before your payment will be visible on your bank account. For you who does not have a company, you choose one of our partners Gigapay and Cool Company to take care of your payments .You can choose (and change) which day of the month you want us to send your earned commission to Gigapay or Cool Company. You can also make additional choices for your payments directly at their platforms.

To get your payment as a company, your earned commission at ”Ready for next payment” must be at least 500 SEK, and as a private person the amount must be at least 300 SEK.

- Please remember to add your correct personal and banking information, otherwise we will not be able to pay you.

Unpaid commission will get postponed to the next month.

Tax

For companies in Sweden we will pay the earned commission and add VAT, and for companies in EU we will not include VAT.

Please make sure you have entered the correct information for us to complete the payment, for example company registration number and VAT-number.

Recruit new affiliates and influencers!

Did you know that you can recruit affiliates and influencers to Adrecord via Adrecord's own affiliate program, and earn up to 600 SEK in commission per recruitment? Apply to Adrecords affiliate program and get started with your promotion today! To get your commission for your recruitment, the following criterias needs to be met:

  • The affiliate or influencer who is recruited by you must post ads and / or affiliate links from our advertisers, get started and generate at least one purchase and thereby get commission registered on their account.
  • When the recruited affiliate / influencer gets the first payment from us, you get 200 SEK in commission.
  • When the recruited affiliate / influencer gets the second payment from us, you get an additional 200 SEK in commission.
  • When the recruited affiliate / influencer gets the third payment from us, you get an additional 200 SEK in commission.

The commission of a total of 600 SEK for a recruitment is divided into three occasions where the affiliate or influencer you recruit must get started and earn it’s own commission and receive payments in order for you to get your recruitment commission.