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Hot reminder: ranking for the brand's "coupon" keyword can cannibalize your own commission

Hot reminder: ranking for the brand's "coupon" keyword can cannibalize your own commission

Affiliates chase "[tool] coupon code" and "[tool] discount" because the intent is hot. You're often paying yourself less to win it.

Why this backfires:

— The buyer was already mid-purchase. You injected yourself at last-click to skim a sale the vendor would've closed anyway, and many programs now exclude coupon/brand-bidding traffic, paying $0.
— Coupon shoppers are the highest-refund cohort. You're selecting for the buyers most likely to claw back.
— You hand the customer a discount, which on percentage-based commissions directly shrinks the base you're paid on.

The value isn't intercepting people already holding their credit card. It's reaching the ones who haven't decided.

Verdict: coupon traffic converts great and pays you the least.
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