A new pay per call solution is available for affiliate networks, so sales made offline via phone can more easily be tracked back to affiliates.

RingRevenue has created the only pay-per-call platform built specifically for the affiliate network market that allows advertisers and agencies to track calls like clicks. They have partnered with 4 of the 10 top affiliate networks including Commission Junction.

In a Reuters article about RingRevenue today, the following stat was shared. “While a website visitor who clicks on an ad will then make a purchase less than 5 percent of the time, callers convert to customers at a rate of 30-50 percent…” For obvious reasons bigger ticket items often result in more phone calls and phone closes and many times affiliates just miss out on those sales altogether.

According to RingRevenue…

The opportunities for affiliate networks and the advertisers that use them are huge:

• 90% of the $300 billion annual ad spending every year is offline. This platform enables affiliate networks to access that spending.

• Consumers tend to research big ticket or complex items online and then buy them offline. The platform encourages affiliates to offer higher margin products knowing they will still get the commission if a sale is made via phone.

• With RingRevenue’s proprietary call quality-processing engine advertisers get higher quality calls

Here’s a press release about their new venture funding with more information about the service and how RingRevenue is working with Commission Junction.

RingRevenue Completes $3.5 Million Series A Financing