Pay Your Partners More
Here’s one simple thing your company can do to create more value:
I’m going to let you in on a little secret:
Companies love recurring revenue 💰
Okay, so you probably knew that one already.
But funnily enough, people in the payout business (or really, most businesses) forget about this when they’re building partnerships.
They think about how their partner can bring them more revenue, rather than the other way around.
But if you can offer higher commissions and reliably pay your partners for the life of their account?
You’ll find it’s easier to attract new partners, and keep your existing ones satisfied.
This strategy has been one of the keys to our success at MassPay.
By sharing more revenue with our partners than anyone else in the industry, we’ve been able to rapidly expand and compete with the big players – despite being around for a fraction of the time.
There’s a lot of ways you can put your partners first. But in my experience, nothing speaks louder than sharing recurring revenue — perpetually! 📈
Here’s one simple thing your company can do to create more value:
A new partnership to simplify tax identity management and reporting for businesses worldwide