In order to speed up our adoption rates, we recently started to take small calculated risks by Photography Hire » company's products for free and only collecting money on the back-end based on the additional sales we generated from the increase in conversion.
This leap of faith worked great for our clients since it removed all risk. If Ambassadors Sydney » didn’t generate more sales, then they didn’t have to send us a dime. It’s very similar to a cost per acquisition advertising **** in that you only pay for results. It also doesn’t require the upfront cash needed in order to pay for product photography.
What’s in it for us?
The first main benefit is that we can be innovative in technology and business. As far as I know, we are currently the only company confident enough in our results to offer something like this.
Since we are an end-to-end solution, we have the unique ability to track and measure the return on investment for the services we provide.
Performance-based payment programs
The second major benefit is that we make more money on the backend of the deal. We don’t take money in perpetuity like cost per acquisition advertising models. We only charge up to 25% over our retail rates. Companies only pay us from the pool of additional sales that Ambassadors Sydney » generates at the end of every month until the balance is paid in full. Every client thus far has paid off their balance within 60 days.
The risk is actually relatively low for us as well. Especially now that we have put several companies through the program with stunning results.
Eliminating all product photography costs
A 3DHD experience is comprised of computer-controlled photos captured taken every 10 degrees. That’s a total of 36 photos that can be used for a website's normal product images as well as for any advertising and print media. This is typically more than enough to adequately represent a product online and in print, but if additional photos are needed we are happy to capture those for clients as well.