As a little business owner, you'll end up during a scenario wherever you would like to partner with another business however they're soliciting a commission on your services. you may wish to be ready to handle such a letter of invitation BEFORE you discover yourself during this scenario 

Whenever somebody asks you for a commission in exchange for selling your product or service, it's essentially an Associate in Nursing affiliate or referral program. this may be one of the foremost powerful types of selling as a result it promotes viva-voce selling. WHO higher to refer purchasers or customers to you than somebody WHO totally understands the worth of the services you've got to offer? 

Often these folks square measure your current happy customers, or as is the case with this question, they'll be strategic partners. Strategic partners square measure those people or businesses WHO comply with referring business to you, generally in exchange for you doing a similar for them, or maybe for a commission. Either way, it's vital to create certain it's a win-win scenario for either side. 

If you think about these people or businesses square measure in impact doing all of your selling for you, then you notice paying a referral incentive or commission is just a selling expense. 

When you think about that referred customers square measure “warm leads” Associate in Nursingd square measure a great deal a lot of probably to buy from you than a “cold” prospect as a result of they are available with an endorsement from somebody they trust, then you see even a lot of however valuable this referral selling is.
My suggestion is to approach this as a possible business partnership. check that they utterly perceive the advantages you'll offer to their customers and allow them to grasp you'd prefer to style a mutualist partnership. Before you provide to pay them a commission, resolve what's vital to them.

 What square measure are they searching for that you simply will probably facilitate them to get? during this case, the potential partner IS your audience therefore grasp them and approach them with a relevant proposition. Be willing to pay a referral fee or commission if that's all they're curious about, however even be hospitable to different ideas. 

I have negotiated some wonderful partnerships simply by disbursement slow-talking and group action with potential partners. In different cases, I even have straight affiliate/commission partnerships. It all depends on the partner and the way we have a tendency to confirm we will BEST facilitate one another to achieve success.