Agent Program

CornerMarket introduced an innovative referral program to incentivize organic user acquisition of merchants on our platform. This creates a mutually beneficial ecosystem for all stakeholders.

How it Works: When a user refers a merchant to CornerMarket and assists them in posting an offer, the user becomes that merchant's designated agent. The agent can choose between reward options:

1. Commission on Future Sales: The agent earns an ongoing commission percentage on all sales the referred merchant generates on the CornerMarket platform. This creates a recurring revenue stream for the user based on the success of their referred merchant.

2. Merchandise Giveback: For every XX coupons sold by the referred merchant, the agent receives 1 bonus referral coupon. This provides an incremental coupon reward directly proportional to the merchant's coupon sales volume.

CornerMarket now offers four tailored referral reward models to incentivize agents to onboard and support merchants that best fit each tier. Here are details on each of the four referral reward configurations:

Fees Allocation	Option1	Option2	Option3	Option4
Total Fees	0	1%	1.5%	2%
Platform Fee	0	1%	1%	1%
Agent commission	0	0	0.5%	1%
Merchandise Giveback	1 for 10	1 for 20	1 for 30	N/A
Platform Gets	50%	10%	0	0
Agent Gets	50%	90%	100%	0

1. No platform/commission fees & For every 10 coupons sold, the merchant provides 1 coupon shared 50/50 by the platform and agent.

2. 1% platform fee & For every 20 coupons sold, the merchant provides 1 coupon shared 10/90 between the platform and agent.

3. 1% platform fee, 0.5% commission & For every 30 coupons sold, the merchant provides 1 coupon to the agent as a commission.

4. 1% platform fee, 1% commission

By matching merchants to the optimal reward structure, CornerMarket incentivizes agents to bring on merchants that fit each tier and support their success over time. This balances acquisition with maximizing merchant lifetime value.