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Affiliate Marketing Archives - Erfolg im Netz

The Science Behind Discounting by Chris Johnson (Groupon) #ASE19

  •  WHAT WE’RE COVERING: Differentiation Why it’s still an important factor in today’s ecosystem – The Science Behind Discounting: Why it’s important plus global examples of campaigns with science underpinning them.
  • “The next time you’re making a change in your company, launching a new product, or even re-defining your brand, stop asking yourself where you can fit in your current space, and ask yourself what you can do to stand out, instead.” Steve Harvey, Fabrik Differentiation and value-add is becoming more of a challenge.
  • To be innovative and successful, we have to:
    • Do something that makes life easier or more innovative
    • Find a way to stand out from the crowd. Think differently.
  • The masters of behavioral economics (Rory Sutherland Chairman @ Ogilvy, Richard Shotton The Choice Factory)
  • Behavioral Economics & Couponing
    ● Scarcity Principle
    ● Complementarity
    ● Value Perception
    ● Relevancy
    ● Social Bias
    ● Price Anchoring Heuristics
  • Heuristics are simple, efficient rules which people often use to form judgments and make decisions. Also referred to as your brain’s mental reflexes and rapid insights.
  • Pakistan against England for the 2017 ICC Champions Trophy Yasiel Puig (LA Dodgers) catch vs. NY Mets, 2014. MLB; YouTube.
  • HEURISTICS 90 meter distance Peak height Travelling at 92mph 48.7 degree angle of trajectory
  • SCARCITY PRINCIPLE. FOMO. Exclusivity. We know it by many names, but it’s all fundamentally about the same thing: if it’s hard to get, it must be worth something. People attach more value to things that are few in quantity.
  • COMPLEMENTARY A relationship or situation in which two or more different things improve or emphasize each other's qualities.
  • VALUE PERCEPTION Lies at the heart of marketing and deals solely with the customer's perception of a product.
  • RELEVANCY the quality or state of being closely connected or appropriate to someone.
  • SOCIAL BIAS The Bandwagon Effect is characterised by the probability of individual adoption increasing with respect to the proportion who have already done so.
  •  Single Choice “Apple made a simple design choice in 2001 that sent it into the stratosphere” – Chris Weller
  • SOCIAL BIAS Booked 26 Times Today Booking.com also tells you how many times a particular hotel has been booked today, which means the hotel must be a desirable place to stay (and you’d better book your stay now before they’re all booked up).
  • PRICE ANCHORING Anchoring Refers to the tendency to heavily rely on the first piece of information offered when making decisions.
  • IN SUMMARY Differentiation remains a key focus Our campaigns are shifting to creativity and an improved focus on user behavior Groupon Coupons needs YOU!

Online Marketing Best Practices: Jeder ist sofort ein Affiliate – ohne Registrierung!

Dieser Beitrag ist Teil einer Reihe zum Thema “Online Marketing Best Practices”. Dabei werden einfache, aber wirkungsvolle Internet Marketing Techniken für erfolgreichere Webauftritte dargestellt.

Bei Sean Donahoe habe ich diese Screenshot gemacht. Ich finde das eine tolle Möglichkeit, wie man jeden Käufer oder Besucher der eigenen Seite zum eigenen Affiliate machen kann – einfacher geht es nicht! Wer die Produkte von Donahoe vermarkten will, muss sich hier nicht mal registrieren – sondern nur die eigene PayPal E-Mail Adresse dem zur Verfügung gestellten Link anfügen. (mehr …)

Affiliate Experience: Fast Food or Fine Dining? #ASE17

“I go to a fast food chain if I want a quick meal, but I go to a restaurant if I want fine dining.”

The Dining Experience

Fast Food Chain

  • Uniformity of menu with predictable taste
  • Efficiencies of scale = inexpensive (food and atmosphere)
  • Minimal, low skilled labor

Fine Dining Restaurant

  • Complex menu with exotic taste
  • Unique, difficult to mass-produce = more expensive (food and atmosphere)
  • Centered around a creative chef with experienced staff (Host/hostess, Servers, Sommelier)

The Affiliate Experience

“Fast Food” Affiliate

  • Limited value-add (links, presentation, content, etc.)
  • Efficiencies of scale = maximize automation (site and user-experience)
  • Minimal effort exerted (outreach, branding, voice)

“Fine Dining” Affiliate

  • Extensive customization and value-add integrations
  • Unique user experience = high value proposition (site and user-benefits)
  • Centered around a creative niche and focus
    • Person (blogger, celebrity, expert)
    • Idea (loyalty, cause, entity)
    • Need (“scratches an itch”)

17 tips to enrich your “menu” and rating as a master chef.

Take your savory experience from “greasy spoon” to five-stars. Food = Content!

Tip #1. Your Publisher Profile

  • Keep it updated and interesting. Include a call to action!
  • Concise, current network profile
  • Why do I want to join your program?
  • How can I help you, the advertiser?
  • What is my value-add (to you)?

Tip #2. Affiliate Links

  • Optimize banners and images as “web-friendly”
  • Compare .jpg and .png quality and size
  • Imagify (https://imagify.io) can do this for you!
  • Why optimize?
  • Fast sites = higher conversion rates (check @ https://tools.pingdom.com)
  • Many users are on mobile devices
  • Don’t overdo banner ads and links
  • Ask affiliate manager for more!
  • Custom banners
  • Deep links

Tip #3. Commission

  • Reward Generously
  • Default commissions need to be efficient, competitive, easy to understand, yet tantalizing.
  • Sell the sizzle to get the attention of publishers.
  • Keep it simple – no one likes a confusing menu.
  • Dynamic Commissioning
  • Larger or niche publishers and advertisers require a more detailed and complex commission.
  • Different verticals need different commission structures.
  • Some larger publishers will be paid a much higher commission rate. Advertisers and Publishers need to cater to the needs of each other.
  • Attribution Settings
  • Attribution separates who gets what and why. Know how you get paid and what works best!

Tip #4. Incentives

  • Boost Campaigns & Bonuses
  • Menu Specials
  • In Fast Food, across the board commission boosts encourage recruitment, activation or re-engage a dormant publisher.
  • Fine Dining publishers may be encouraged to promote a specific product with a boost or are offered more per sale in a bonus based on volume tiers.
  • Contests
  • Set up a program to encourage sales activity, make the rules simple and measurable, then let everyone know how it works.
  • Used to promote new products or encourage more sales activity.
  • Top Partner Events
  • The Ultimate Fine Dining Event. Sometime Fine Dining is actually part of the event.
  • Solicitation of high volume players or Top Revenue producers.
  • 1×1 opportunity for relationship building.

Tip #5. Coupons

  • Coupon Tracking, Suppression & Attribution
  • Ensures proper attribution for the Publisher.
  • Advertisers prefer automation to determine attribution.
  • Process needs to be standard, efficient and built for scalability.
  • Promo Codes / Custom Codes
  • Most Promo Codes designed for the masses like $1.00 off on Hamburgers.
  • Advertisers can use Vanity Codes or Custom Promo Codes for top-tier Publishers.
  • Publishers can use this tool as a co-branding tool or exclusive offer.
  • Coupon commissioning
  • Advertisers need to refrain from making discounts so deep that they impact commission amounts.
  • Publishers need to understand the commission terms and if coupon affects commission.
  • Data Feeds
  • Great tool for Publishers to receive current coupons from multiple advertisers.
  • Advertisers use data feeds to distribute their offers to many publishers.

Tip #6. Communications

  • Emails
  • Email exchanges are 1×1 (Fine Dining) experiences.
  • Consistent communication between top Advertisers and Publishers are essential for optimization.
  • Newsletters
  • Newsletters are mass communication to a large audience.
  • Newsletter communications are vital to developing relationships with a large number of affiliates.
  • Press Releases
  • Great way to communicate a message or announcement to a large population.
  • Like Fine Dining, message is well crafted and the process more formal.

Tip #7. Be Mobile-Friendly

  • Google’s Mobile-Friendly Test: https://search.google.com/test/mobile-friendly
  • Many users are not on computers
  • Nearly 3 Billion smartphones in use now worldwide but only 2 Billion personal computers!
  • MediaPost: 53% of smartphone users purchase with them
  • Ad blockers more common on desktops
  • Don’t forget about tablet users also.
  • Cross-device tracking

Tip #8. Cross-Device Tracking

  • 50% of all transactions begin on mobile
  • Tracks a transaction across multiple devices, such as first click on mobile device, final purchase from desktop
  • Average sales increase 3-24%
  • Greatest percentage gain from CDT – Content Publishers
  • Nothing required from affiliate – implementation occurs on advertiser’s site

Tip #9. Affiliate Tools

  • Product Feeds
  • Enables advertisers to send detailed product information to a large group of publishers.
  • Gives publishers all the info they need to promote specific products and deep link into carts.
  • Reduces clicks and increases conversions.
  • Widgets
  • Allows publishers to put a little piece of the advertiser’s site on their landing page.
  • Product choices made with a widget are then deep linked into an advertiser’s cart.
  • Allows for a seamless sale in a franchise-like experience.
  • Custom Landing Pages
  • Custom / co-branded landing page – ultimate fine dining experience
  • Pages are optimized to maximize conversions with custom promotions or offers.
  • The special meal not on the menu!

Tip #10. WordPress

  • It’s free and used by ~27% of all websites!
  • Huge selection of templates
  • Massive plugin options that add features (over 40K)
  • Other WordPress advantages
  • Translated into more than 50 languages
  • Highly consistent and flexible design elements
  • Frequent upgrades and security enhancements
  • Highly customizable (blog, how-to, journal, forum, membership site, etc.)
  • Mobile-ready (responsive) “out of the box”
  • Social media friendly
  • Search engine optimized
  • Scalable (grows with you)
  • Easy to use!

Tip #11. Technical Integration

  • Most networks offer advanced APIs
  • Affiliate service provider APIs
  • FMTC
  • Datafeedr
  • WordPress affiliate plugins
  • Networks
  • Service providers
  • Shopping cart extensions
  • WooCommerce integration with product catalogs
  • Use “sub-networks”
  • Skimlinks & VigLink
  • Others

Tip #12. Attribution

  • Dividing commission based on role in sales process
  • Last click doesn’t take it all
  • Advertiser’s choice
  • Methodologies vary by network
  • Fixed portions based on location in sales process
  • Bonus based on involvement
  • Soft click – won’t overwrite existing cookies

Tip #13. Site Monetization

  • Paid Placements
  • Reviews
  • How-to articles (with product suggestions)
  • Blog posts
  • Paid content
  • Sponsorships
  • SEO
  • SEM/PPC
  • Social media

Tip #14. Expand the Affiliate Channel

  • Look at affiliate marketing through a bigger lens
  • Search Promotion
  • Social Media Tracking
  • Facebook
  • Twitter
  • Pinterest
  • Instagram – Snapppt.com
  • App tracking (Oplytic)

Tip #15. Reporting

  • Many reports available through network interface. Learn all of them.
  • Fast food – Conversion statistics, timing
  • Fine Dining – EPC, AOV
  • Best sellers
  • Custom Parameters – best performing pages
  • Commission status
  • I wonder if…
  • Google Analytics – not designed for affiliate marketing

Tip #16. Partnerships

  • Strategic Alliances
  • Well thought-out partnerships between advertisers and publishers.
  • Agreements can be from multiple groups of both.
  • Fine Dining experience for the Advertiser, Publisher and Shopper, taking advantage of synergies and maximizing traffic revenue for both parties.
  • Can be exclusive or semi-exclusive
  • Both parties rely on each other's brand to maximize sales.
  • Reciprocal Agreements
  • Great way to promote synergies between partners
  • Each advertiser can become a publisher for the other, provide links to purchase on their site / cart.
  • Burger company teaming up with a bun company and selling their products in a way that offers both.

Tip #17. Account Management

  • Service levels
  • Varies by management agreement
  • Could be managed by in-house Affiliate Manager, OPM or network team
  • Get to know the management team
  • Best sellers
  • Seasonal specials
  • New Products
  • Special site promotional opportunities
  • Read the Newsletters!