Kobo has officially announced that it is lowering its commissions on their affiliate program across the board. Kobo is decreasing it from 8% to 5% from this day forward. The company is also scrapping its tiered system that allowed people who grossed over $1500 in sales to be bumped up to 15%.
Brad Scott, the man in charge of the affiliate program cited the reduction in commissions is “to maintain the program’s health and profitability. You’ll still be getting industry-leading rates, as well as the same program benefits, but this will ensure that the program continues to thrive.”
The Kobo Affiliate program certainly flies under the radar, compared to Amazon’s developed system. It allows webmasters and other enterprising web-centric citizens to earn money by hustling ebooks and e-readers. Every month Kobo releases coupon codes that allow your average customer to save a few dollars to get free content.