Referral and Affiliate Program Policies for FolkMarketGems.com
1. Referral Program Policy
Overview
Encourage existing customers to refer friends and earn rewards, fostering organic growth and loyalty.
Eligibility
- Open to all registered customers with a valid account.
- Excludes FolkMarketGems employees and immediate family.
How It Works
- Share a unique referral link/code via email, social media, or direct sharing.
- Referees receive a 3.5% discount on their first purchase (min. $120).
- Referrer earns $10 store credit per successful referral (credited after referee’s purchase ships).
Rewards & Tracking
- Track referrals via dashboard in user accounts.
- Store credit expires after 90 days.
Redemption
Restrictions
- No self-referrals, fake accounts, or spam.
- Company reserves right to audit/reject fraudulent activity.
Termination
2. Affiliate Program Policy
Overview
Partners (bloggers, influencers, etc.) promote products to earn commissions on sales.
Eligibility
- Open to individuals/businesses with aligned audiences.
- Must comply with FTC guidelines (disclose partnership).
How It Works
- Apply via website; approved affiliates receive unique tracking links.
- Earn 15% commission on sales from your links (60-day cookie duration).
Commissions & Tracking
- Track real-time via affiliate dashboard.
- Payouts monthly via PayPal/Wire (min. $50 threshold).
Restrictions
- No paid ads or spam; commissions void if traffic violates terms.
- Prohibited: Brand bidding on search engines.
Termination
How These Programs Drive Earnings for FolkMarketGems
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Cost-Effective Customer Acquisition
- Referrals leverage trusted networks, reducing ad spend.
- Affiliates expand reach to new audiences at no upfront cost.
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Increased Sales & Repeat Purchases
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- Referrers incentivize friends to buy (3.5 % discount), boosting conversions. It can increase on performance.
- Affiliates drive targeted traffic, increasing order volume.
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Brand Loyalty & Advocacy
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- Happy customers refer others, enhancing retention.
- Affiliates become brand ambassadors, building long-term trust.
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Scalable Revenue Streams
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- Commissions are performance-based, aligning costs with revenue.
- Viral growth from referrals and affiliate networks compounds over time.
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Data-Driven Marketing
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- Track top-performing affiliates/referrers to optimize partnerships.
- Insights into customer behavior refine marketing strategies.
Mutual Benefits
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Customers earn discounts/credits, enhancing satisfaction.
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Affiliates monetize their audience with passive income.
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FolkMarketGems grows sustainably while maintaining profitability.
By fostering community-driven growth and strategic partnerships, these programs create a win-win ecosystem for all stakeholders.
Note: Policies subject to change; participants must adhere to tax/legal requirements.