“Magnetic has been extremely well received since we launched in 2012, and we’d often discover that our clients and associates had recommended us simply because they enjoyed using the platform,” says Magnetic CEO, Daniel Marcus.
“It’s incredible to have such enthusiastic brand ambassadors and we’ve been looking for a way to reward them. This initiative enables us to do just that, and to share our success with our favourite people: our users.”
There’s been an overwhelming response to the programme since its launch earlier this month, adds Marcus. “Our goal for the programme is to help Magnetic become a serious global player in the SaaS space, by on-boarding affiliates from all over the world.”
How it works
When an affiliate recommends Magnetic, and the referral signs up as a paying client, the affiliate earns 20% commission based on the value of that sale per month for up to 12 months. Users sign up via the
Growsumo website.
Anyone can join the programme, says Marcus, as it’s not limited to Magnetic users. “Great partners include accounting firms, IT consultants, freelancers, and others, whether or not they’re Magnetic clients. Essentially, anyone who feels passionate about recommending our system and growing our community, or simply wants to earn some extra cash.”
Prior to the partnership programme, Magnetic users would often promote the software to their networks, notes Marcus. “This was purely because of the benefits it offered to their businesses and not for any kind of reward. Now, there’s even more reason for them to do it – and it gives us a fantastic way to acknowledge their support. It’s a win-win and we couldn’t be more thrilled to be offering this opportunity to our brand champions.”