- 3 Goals of Co-Branding
- Offering Co-BrandingThree- to four-fold increase in conversions (from 8.56% to 23.21% for a cashback affiliate, 2.5% to 10.9% for a coupon affiliate).
- Affiliate Window: 66.45% conversion increase, ~44% revenue boost, and 132% difference in new customers acquired.
- Supporting Mobile Affiliates by tracking and providing them with:
- Mobile-friendly/responsive LPs
- Creatives (for various devices)
- Mobile APIs (for apps, etc)
- Keywords on Network: Optimize for competitors’ branded keywords (including the ones on other networks)
- Outranking on Search
- Organic
- and Paid Search
- Performance Incentives
- Tiered commission increases
- Cash bonuses for reaching goals
- Higher payouts for new customers
- Contests
- Activation IncentivesDefine “activation”Examples:
- Putting links up
- Starting to drive traffic
- Referring first sale
- How to incentivize?
- Cash for links
- Commission increase
- First sale bonus
- Cookie life increase
- Being Different
- Examples:
- Co-branding a Tool
- Commission Beating
- Turning Referral into Contest
- We learn
- 10% of what we read
- 20% of what we hear
- 30% of what we see
- 50% of what we see and hear
- 70% of what we say
- 90% of what we say and do
— Dr. Vernon Magnesen
- Adding Pay-Per-Call: Pay affiliates for hot leads that call in.Just as with other models, the advertiser “qualifies” the call.
- Bridges the gap between online & offline.
- Connect
(affiliate logo, wording, color gamma) - Convince
(exclusive promotion, urgency, scarcity) - Convert (auto-apply promo, CTA)
- Connect
- Micro-Bars
- Challenging for most designers, but important for many affiliates.
- 88×31 = overlooked opportunity!
- Support
- Being reachable
- Being responsive
- Segmented approach
- Tailored suggestions
- Surveys
Marketing To Affiliates
- Zoom In (and optimize on networks)
- Beat (your competition on search)
- Excite (by activation incentives)
- Motivate (by performance bonuses)
- Innovate (to stand out)
Marketing Through Affiliates
- Equip (by supporting mobile)
- Empower (through pay-per-call)
- Improve (via co-branding)
- Discern (importance of 88x31s)
- Back Up (by personalized support)