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Posted by
Felix Okoli on Wednesday November 9, 2011 at 11:20:30:
There are a tonne of affiliate programs one can make money from in Nigeria but the only one that I've come across that pays you in naira is that of VTN(Virtual Terminal network). They are currently offer to pay a 25% commission on your efforts in bringing in customers. In essence, you are an independent marketer or sales agent. The more customers you bring, the more money you are likely to make from VTN's affilate program
Things you will need to open an account
- A valid email address
- Personal details and verification (utility bill and id)
Just go to VTN website and register for an account for free if you don't have one yet.
How to make money with VTN's affiliate programIt's simple. All you need to do is use your affiliate link to refer people to the service. You can do this by either:
- Logging into your account and including your friends or
- Using your affiliate link on websites and emails
How to fund vtn account- Bank deposit via partner banks
- VTN scratch card (It can be purchased from VTN agent locations)
What you can do with a vtn account- Buy recharge card or airtime topup
- Earn money from affiliate program (25%)
- Fund graphcard which you can use to create virtual credit cards
Partner banks through which you can fund your VTN accountOceanic
Bankphp
GTBank
Intercontinental
How much does VTN actually pay affiliates?I am not yet sure how this works but they say you will earn a 25% of the commission they charge customers for receiving money via VTN. I am not yet clear on this so I sent them an email for clarification. Normally affiliate programs are meant to pay you a fixed percentage on sales and the value of such affiliate products is normally transparent. It seems that VTN will actually charge customers a commission and then pay you for the commission they earn so you are actually making income from their own commission which we are not yet clear how much that it. Anyway, I've been making some commissions from them but it's not much. One would need lot of referrals to really make big money from the program.
Some limitations One thing I feel VTN should do is to make the picture clearer on how much people can actually get to earn and what the 25% really stands for. 25% of what really is what we need to know. Affiliate programs like for web hosting would tell you how much you stand to earn per sale for e.g 60% on a sold product worth about $100 and for that you know what's coming to you but for VTN, we don't really know what the real value of their commission is. Again, will the commission just be for people who receive money? How about those referrals who also send money?
Click here to register for a free accountStart Making money from VTN affiliate programBuy Nigerian airtime online with VTN
Comments:
Re: VTN Affiliate Program: Make money in Nigeria
Posted by YAKUBU ABDULLAHI
on Wednesday February 8, 2012 at 15:30:33:
pleases i want to know how your affiliate programs work.And the training you are conducting about is too limited to some particular area.Consider Minna as Place of opportunity. Is there anyway a person can get to your office at anytime for training.