I have a lot of traffic and I'm told constantly that I need to spend more time building advertising (I rely mostly on AdSense). I never disagree. I just don't get round to it.
I've met someone who seems quite good who's interested in performing this function for me. He says that I should keep trying affiliate programs and fine tune it for my niche. Sounds fine to me.
We've talked about him getting a percentage of the growth in eCPM from what he achieves. Ie if I earn say $2 eCPM and he manages to get $3, he'd get a percentage of the $1 increase. This makes sense to both of us.
But I can see a number of complexities here. I want to structure the deal so he gets good value so he wants to put the effort into finding good affiliates. But I can't simply sell him the right to manage my inventory in perpetuity because he has other priorities too.
Are there any industry standards or templates for such a deal? What is considered a fair split? How do you manage it in the long term? Might it be considered similar to a sales role?
To make anything from affiliate links, the aff links will need to be placed wherever they generate sales. This person might not need total control over the ad inventory but the users of the site will (or should) decide where the affiliate links go as measured by the sales revenue that rolls in.