I’m getting closer to launching my start up and one of my main forms of traffic will be through affiliate marketing (Instagram / podcasts / YouTube). My product sells for $30 and is in the health and wellness space (very broad both female and male audience). My plan was to offer affiliates $10 for every sale they bring. The product is subscription and the max quantity is 1 so every sale will be $30.
My question is - is this an attractive rate in the industry? I’ve never played in the affiliate space and am trying to figure out if this will excite the affiliates. The brand itself is very high end and it’s not some sh*t product.
Would love any advice from those who have experience in this space. The margins are very strong on this product and even with a $10 payout, I’m still making 20% margin (it’s a subscription product so my hope is to capture the full margin on the second and further sale).