Monetizze is an online payment platform that offers security and marketing and metric tools to market products on the Internet. Aimed at small businesses and freelancers offering digital and physical products, Monetizze provides resources to broker the relationship between consumers, affiliates and producers.
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The site offers complete management of the sale, purchase and payment process. Monetizze has tools for users to track everything from sales to profit management, with reporting on link performance and sales activity. Monetizze can be accessed through the site from any browser, or mobile phone through the Android and iPhone (iOS) mobile app.
See how the payment platform works Monetizze Photo: Reproduo / Marvin Costa
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New Monetizze users must define on the first access platform whether to act as producers or affiliates on the platform. Producers need to master the subject on which they offer the course or physical product. In addition to investing time and money in creating, they must also know how to market and know their potential customers, to have a definite marketing strategy and authority on the subject.
Affiliates choose a product ready to sell and receive commissions. However, it will be necessary to use customer relationship and marketing strategies to achieve higher sales.
For the sake of safety to consumers, the platform withholds payments for up to 30 days and, after the period, the amounts are deposited in the user's bank account. Monetizze charges producers a 9.9% sales tax and an additional $ 1 on the value of the product. Affiliates receive their profits without discounts.
Monetizze Website Member Dashboard Photo: Reproduction / Marvin Costa
Monetizze works by offering and selling infoproducts. An infoproduct is a paid or free material made available in digital format. They are computer files with informational contents that can be accessed in a virtual environment or on a PC via download. The format is often used by digital courses, distance learning, and blogs or websites that offer ebooks. Some examples of this type of product are videocasts, ebooks and online courses. Monetizze also accepts physical products.
How does it work for the consumer who uses Monetizze?
Consumers, when faced with a product managed by Monetizze, find a web page with payment options. As with online store systems, the system generates a bank slip and offers payment by credit card from different brands. Amounts paid through the platform are held for seven to 30 days, which helps in case of refund orders the withheld amount also used to cover the warranty time of the product.
How does it work for the affiliate?
Affiliates are the people responsible for selling the items registered on the site to consumers. To do this, they apply online marketing and outreach strategies. Affiliates should seek customers through cross-platform advertising that requires attention, dedication and study of the product offered. The work generates commission for each sale made through commissioned links and registered by affiliate code.
Monetizze website report screen allows you to track your sales activities Photo: Reproduction / Marvin Costa
Website commissions vary according to the values of the marketed items. In addition, the percentage of profit set by the producers. When a product is sold, the platform performs automatic calculations and passes the sale values to affiliates and producers without internal discounts or fees.
How does it work for the producer?
To sell, users need to sign up as producers. In this mode, the site system offers the user a panel to add the products that will be offered to publishers or affiliates. This tool is available only after confirming personal data and linking a bank account to receive payments.
Producers receive online support from the tool and can manage their sales and earnings. Monetizze is responsible for securing the sales processing system, and charges a 9.9% commission on sales and an additional $ 1 for each completed trade. Registered products can be marketed directly or with the help of affiliates.
Monetizze provides the online store section so that product hosting can be done within the site. Selling links can then be linked on websites and blogs and even posted on social networks or messengers.
Screen with infoproducts registered in the payment system Monetizze Photo: Reproduo / Marvin Costa
On the other hand, producers may apply for advance payments to invest in their business and receive their profits.
- The site is focused on providing a practical and dynamic experience for all its customers. To do so, it offers a checkout system whereby the producer defines that only relevant consumer data is requested during a purchase;
- The platform has partners that offer several extra features to members. For example, you can get a sales dashboard, use email marketing services, order management, customer service systems, customer relationship tools etc;
- Product analytics statements let you track and track conversion metrics and know which channels bring the most sales results;
- Reporting on abandoned shopping carts can help to perceive reckless marketing actions and create strategies to reduce shopping dropouts;
- Subscription plans allow you to offer products with monthly, bimonthly, quarterly, semiannual and annual payments;
- Members-only area to offer bonuses and anticipate releases for specific customers.
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