The benefits of affiliate marketing
One of the key benefits of affiliate marketing is the ability to closely track and measure performance. Because every single referred visitor and subsequent conversion is tracked via the affiliate software, an affiliate program offers complete performance transparency. This in turn offers the ability to pinpoint the best converting creatives, landing pages, affiliates or particular tactics or strategies, allowing continual optimization and improvement to the performance of the channel, and to overall revenues.
Reporting
Extensive and in-depth reporting can be offered, providing a large, transparent window into the performance of the affiliate program. Data can be crunched and analyzed to gain deep insights, and presented in the most appropriate custom format.
Ongoing promotion
Since affiliates are the backbone of the affiliate program, the primary method to continually grow the affiliate program is to grow the affiliate base. Therefore, ongoing affiliate recruitment is one of the most important aspects of a long-term affiliate marketing strategy. This involves seeking out affiliates directly as well as finding other creative ways to attract new affiliates to the program.
Creative design
Compelling creatives are key to attracting clicks and driving performance. New banner creatives are typically required on a regular basis when new products or services are launched, a hot new promotion or sale needs to be pushed into the affiliate channel, or when existing creatives simply become old and tired. These creatives must be offered in at least several of the standard ad unit sizes, or more depending on the needs and promotional capabilities of the affiliates.
Landing pages
The landing page is the first thing a visitor sees upon landing on your site – the first impression. You know how much first impressions matter, and in the world of Web marketing they matter even more. Developing the right landing page is critical to ensuring that the visitors, that you and the affiliates work so hard to attract, stay on the website. If visitors bounce away too often, then you won’t be happy, we won’t be happy, and affiliates won’t be happy. Attractive and compelling landing pages must be developed in order to have success in this channel.
Conversions optimization
From the time the visitor lands on the affiliate website, to the time they make a purchase or self-identify on your website – thereby completing a conversion – the visitor must spend time, visit many pages, click on many links and make dozens of small decisions. It’s important that this conversion path be strategically considered and optimized throughout the entire process for maximum performance.