Optimizing Your Affiliate Strategy

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Optimizing Your Affiliate Marketing Strategy A Philosophical View of Your Affiliate Program

description

Affiliate marketing is just one of many acquisition strategies. In this presentation, Nicky Senyard takes you through how to set-up and manage your affiliate program so that it complements your other acquisition channels and overall business model.

Transcript of Optimizing Your Affiliate Strategy

Page 1: Optimizing Your Affiliate Strategy

Optimizing Your Affiliate Marketing Strategy

A Philosophical View of Your

Affiliate Program

Page 2: Optimizing Your Affiliate Strategy

Affiliate Marketing in Perspective

• Affiliate Marketing is just one marketing strategy.

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Affiliate Marketing in Perspective

• Affiliate Marketing is just one marketing strategy.

• Different strategies work better with different business models.

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Affiliate Marketing in Perspective

• Affiliate Marketing is just one marketing strategy.

• Different strategies work better with different business models.

• Affiliates should never be responsible for more than 30-40% of your revenues.

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Your Business Model

• What way do you want to approach the industry?

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Your Business Model

• What way do you want to approach the industry?

• What’s your philosophy on online gaming?

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Identifying Your Philosophy

• What are your priorities?

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Identifying Your Philosophy

• What are your priorities?

• Why did you choose affiliate marketing?

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Identifying Your Philosophy

• What are your priorities?

• Why did you choose affiliate marketing?

• What kind of partners do you seek?

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Three Philosophical Types

• Hey Big Spender

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Three Philosophical Types

• Hey Big Spender

• Partnership Focused

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Three Philosophical Types

• Hey Big Spender

• Partnership Focused

• A Necessary Evil

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Big Spender

• Focus on big industry players for fast results.

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Big Spender

• Focus on big industry players for fast results.

• High conference profile.

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Big Spender

• Focus on big industry players for fast results.

• High conference profile.

• Prepared to offer incentives: high commissions, gifts, etc.

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Big Spender - Cons

• Maintaining relationships are costly.

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Big Spender - Cons

• Maintaining relationships are costly.

• Dependent on a few big affiliates.

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Big Spender - Cons

• Maintaining relationships are costly.

• Dependent on a few big affiliates.

• Expensive/risky to compete with other affiliate programs.

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Partnership Focus

• Focus on all types of affiliates.

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Partnership Focus

• Focus on all types of affiliates.

• Your team is responsive.

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Partnership Focus

• Focus on all types of affiliates.

• Your team is responsive.

• Extensive affiliate support.

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Partnership Focus

• Focus on all types of affiliates.

• Your team is responsive.

• Extensive affiliate support.

• Transparent and in-depth tracking.

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Partnership Focus - Cons

• Results are gradual.

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Partnership Focus - Cons

• Results are gradual.

• It’s a time/attention intensive approach to affiliate marketing.

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A Necessary Evil • Affiliate marketing is just one (small) extension of a greater business.

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A Necessary Evil • Affiliate marketing is just one (small) extension of a greater business.

• It is necessary to remain competitive.

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A Necessary Evil • Affiliate marketing is just one (small) extension of a greater business.

• It is necessary to remain competitive.

• Affiliate = army of salesmen – relationships aren’t close.

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A Necessary Evil • Affiliate marketing is just one (small) extension of a greater business.

• It is necessary to remain competitive.

• Affiliate = army of salesmen – relationships aren’t close.

• Straight forward commission structures.

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A Necessary Evil • Affiliate marketing is just one (small) extension of a greater business.

• It is necessary to remain competitive.

• Affiliate = army of salesmen – relationships aren’t close.

• Straight forward commission structures.

• Basic Tracking and reporting.

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A Necessary Evil - Cons• Standard commission structures make it difficult to attract super-affiliates.

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A Necessary Evil - Cons• Standard commission structures make it difficult to attract super-affiliates.

• Low communication makes it difficult to build relationships with affiliates.

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A Necessary Evil - Cons• Standard commission structures make it difficult to attract super-affiliates.

• Low communication makes it difficult to build relationships with affiliates.

• Basic tracking provide no intelligence on program optimization.

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Your Affiliate Philosophy• Like anything else, work to your strengths.

• Don’t make value judgments on what you should be doing based on what others are doing.

• Run our own race: maximise profits on everything you do.