How To Grow Your Business With Affiliate Marketing - A quick guide to connecting with thousands of publishers and driving traffic and sales to ...
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How To Grow Your Business With Affiliate Marketing A quick guide to connecting with thousands of publishers and driving traffic and sales to your business 1
What you will learn Why you should start an 1 2 What is affiliate marketing affiliate program Introducing different About Grow powered by 3 4 publishers to work with Tradedoubler 2
1 Why should With affiliate marketing, you can work with thousands of publishers, who can feature your products and your brand on their sites. Instead of paying and hoping to drive traffic to your site, affiliate marketing allows you to create a powerful network of you start publishers who spread the word for you. Affiliate marketing offers you a wide variety of campaign options. Simply choose the the affiliate ones that work best for your brand. It’s a win-win model, where everyone benefits. program? This e-book will explain exactly how affiliate marketing works. Want to start your own affiliate program? Click below to get in touch! CLICK HERE 3
2 What is Affiliate marketing is a type of performance-based marketing in which a retailer rewards one or more partners (referred to as “affiliates” or “publishers”) for each customer brought by the affiliate’s own marketing efforts. affiliate Simply put, affiliate marketing is an internet-based sale and lead referral system where companies that sell products or services online (advertisers) pay commissions to their marketing? partners (affiliates) who promote their products or services. The affiliate marketing model is purely performance based as your affiliates will only receive commission for visitors that they refer to your site than then go on to complete a specific action. Therefore, as an advertiser, you do not take on any marketing risk (commonly associated with other ad streams) and only pay for the benefits you receive, such as: a sale, a newsletter registration or a download. 4
The major players in affiliate marketing The advertiser The publisher The network The consumer Also known as retailer, Also known as the This is the platform that A person who purchases merchant or brand. This affiliate. This can be a connects advertisers goods and services for is the business that wants website, a publishing with publishers. The personal use. to improve their sales platform or an network provides tracking, performance and attract influencer who will reporting, access to more visitors. create content and publishers, payment market the brand’s management, strategic products. account management, admin support and a range of other services. 5
Low risk that can help you better your site overall. Some examples of these include clicks, conversion Paying for sales and leads (as opposed to rate, ROAS, ad impressions, sales information traffic – clicks or views) means that affiliate and much more. marketing is a very low risk marketing activity. Your ad spend therefore will directly relate to Improves your image and an acquisition (sale or lead) that drives revenue increases your presence back into your business. The benefits By recruiting reputable partners to your Cost-effective affiliate program, you can take advantage of their vast audiences - often exceeding a few of affiliate The main benefit of running an affiliate million active users. This level of exposure program is that it is entirely performance- quickly enables you to build a recognisable based. You only pay for sales or leads that brand online with very little effort. As your marketing occur as a result of your affiliates’ direct influence. Your affiliates are therefore highly motivated to achieve this outcome as they affiliates are trusted by their users, their championing of your brand will improve your reputation amongst your potential customers only earn money when you earn money. which is, therefore, more likely to result in a This reduces the inefficiencies often related sale or lead, after all, customers are more likely to other channels where paid traffic doesn’t to trust a community or site that they visit for convert to sales, but still incurs a cost. recommendations and advice regularly over the brand trying to sell to them directly. Easy to track One of the major benefits of using affiliate marketing is that activity is easily trackable. Unlike other channels, each direct cost can be attributed to the desired outcome of your program. Furthermore, the Grow platform provides you with useful statistics and insights 6
The benefits • Fixed cost per sale • Good brand exposure of affiliate • Outsourced management to marketing expert networks • Transparency in summary • Independent validation of activity • Strong return on investment 7
3 Content Exploring • Cash back and Reward Sites • Voucher code the different • Technology Voucher PPC types of Types of • Content and Bloggers affiliate marketers publishers • Emails and Newsletters Cashback Email • Social Media Social • Price Comparison Media 8
Cashback and Reward Sites Cashback, reward or loyalty sites can be any kind of website that offer people incentives to user a platform or programme many times to work towards specific rewards. The rewards will depend on the site, but can include collecting points, getting cash-back or even making charitable donations. Customers are likely to repeat a purchase and return to receive an incentive when shopping through the cashback and reward sites. This likelihood is the main driving force behind the success of loyalty and reward programmes. EXAMPLES: • TopCashback • Quidco • EasyFundraising 9
Voucher Codes Voucher code sites are websites that offer some kind of saving to the customer. This can be in the form of a certain percentage off the amount of their purchase, an additional gift, a promotion code, free shipping or any other sort of offer that incentivises someone to continue with a purchase. Voucher sites are very popular, and they offer brands a great opportunity to attract new customers. EXAMPLES: • Vouchercodes.co.uk • VoucherCloud Want to start your own affiliate • Voucherbox program? Click to get in touch! CLICK HERE • MyVoucherCodes [MVC] 10
Technology Technology affiliates offer many tools for you to attract new customers and to improve conversions. Technology affiliates can for example offer better advertising, by displaying your adverts specifically to people who have already visited your site. They can help improving conversions on your site and re-engage site visitors who have abandoned their carts before completing a sale. EXAMPLES: • Smarter Click • Envolve Tech • RevLifter • Soreto 11
Content and Bloggers Content publishers include websites, blogs, forums and portals. They monetise the traffic that comes to their site by sending users to an advertiser’s page usually via either a banner or a text link. Some of these sites are general interest and cover a wide range of topics and aim to attract a broad audience and a high volume of traffic. Some sites are niche, in which case the traffic volume tends to be lower, but they are more focused and therefore the conversion rate (the amount of people that go from their site to make a purchase) is often higher. EXAMPLES: • The Telegraph • Money Saving Expert • The Culture Trip 12
Emails and Newsletters Publishers have access to a huge database of user emails, which they’ve built up over time. They regularly send offers, tips, content or suggestions to their user base via email. There is a lot of regulation in place to stop the email channel from being abused. For example, all email addresses must have been collected legally and all of those who are being emailed must have proactively requested to receive an email from the affiliate. Email marketing is 40 x more effective for acquiring customers than social media*, so it’s an excellent way to attract more sales. EXAMPLES: • Known-media Want to start your own affiliate • ESB Connect program? Click to get in touch! CLICK HERE • Beesmart 13
Social Media Over the past few years, the popularity of social media platforms, like Facebook and Twitter, has lead to the creation of a new breed of affiliate who can send users to an advertiser’s site via their social media account. Instead of relying on readership or email addresses, these affiliates have created communities of friends and followers across a variety of different social media networks. EXAMPLES: • Ashleigh Money Saver • Bargain Busy for busy mums 14
Price Comparison Price comparison websites let consumers look for a specific product or service across a wide range of online merchants. This gives them the opportunity to see prices side-by- side and select the one that meets their needs. Although price comparison sites don’t supply these products or services themselves, they are affiliates to the brands by marketing their products for them, offering extra information to consumers and presenting them next to their competition. EXAMPLES: • Pricerunner • Kelkoo • Shopzilla 15
4 For advertisers and publishers, who want to grow their business, About Tradedoubler offers performance marketing and technology solutions powering a unique network of connections. Combining 21 years of digital marketing innovation and expertise, global presence and a market leading technology platform we offer tailored performance solutions based on your needs. We have the technology and expertise to empower your success! Many big clients have been with us for many years: Microsoft, HP, Accor Hotels, L’Occitane and many more. They chose us because we understand their business – globally – and help them boost their sales. Our top 100 advertisers have seen a constant growth of 40% with the Tradedoubler platform over the past 2 years. 16
JOIN GROW TODAY Grow is a self-service, performance-based, affiliate marketing solution for small businesses, startups, and accelerators. We believe that it should be easy for every business to reach their target audience without breaking the bank or sacrificing quality. Giving you access to marketing opportunities that change the way you approach your audience, we put the necessary resources at your fingertips, offering you countless avenues for development. Helping you reach your goals in the most cost effective, fast, and simple way possible. START NOW 17
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