With one of the only three-tier pharmacy programs available, BM Pharmacy has set itself apart with its aggressive approach to building out its affiliate network. Although it focuses largely on so-called 'lifestyle' medications, this offshore pharmacy also carries popular cholesterol and hypertension drugs. Genuine value prices promise high sales volumes.
Introduction to this Pharmacy Affiliate Program
Registered in Australia but operating from the Republic of Seychelles, the BM Pharmacy site has been in existence since 2002 (formerly, at budgetmedicines.com). Although its product selection is narrower than many of its competitors, its low prices on generic medications promote high conversion rates.
Commission Structure
This pharmacy affiliate program includes commissions on three tiers.
Tier 1 pays 20%, tier 2 pays 4%, and tier 3 pays 1%. While the third tier may not sound like a great sum, the fact the affiliate program offers a third tier at all is very unusual! This third level of tiering alters the nature of the competitive landscape somewhat, in that it provides some incentive to promote the program even to other affiliates who may turn around and sign up many more affiliates of their own. (Ordinarily, this possibility acts as a disincentive to recruit other affiliates who will do anything except refer traffic directly to the merchant.)
Tracking and Reporting
The tracking and reporting for this affiliate program is all done in-house, but the interface appears to be well thought-out, providing not only the usual information such as click-thru and sales rates, but also the exact product ordered, the landing page for the affiliate link, and the referring page which contained the affiliate link. At last, full details of what exactly works and what doesn't work are available to the affiliate without requiring any additional effort to set up named campaigns or other tracking parameters.
Affiliate Datafeeds
We at Affiliate Insight provide an exclusive datafeed which includes product names and dosages, category, price, and customizable affiliate link. Just sign up as an affiliate through one of our links here at Affiliate Insight, and the datafeed is yours!
Additional Notes on this Affiliate Program
This program offers genuinely budget prices on its small range of medications; although that means lower commissions in absolute terms (due to the lower selling price), it also should make for much higher conversions than many other programs.
The potential for high absolute commissions from high-priced products might look good on paper, but if customers never buy because they can find better prices elsewhere, those potential commissions will never materialize. For those of us who have generated tens of thousands of dollars of revenues with high volumes of value-priced products, the importance of providing a price point that is attractive to customers is beyond any doubt!
Join the BM Pharmacy Pharmacy Affiliate Program
You can join the BM Pharmacy affiliate program today and take advantage of one of the very few 3-tier pharmacy affiliate programs available.