12 Out-Of-The-Box Affiliate Promotions
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Transcript of 12 Out-Of-The-Box Affiliate Promotions
12 Out-of-the-BoxPromotions
Panel Members- Missy Ward, Affiliate Summit- Jared Saunders, Jenson USA- Jamie Reardon, LifeLock
Moderator- Lindsey Savoie, ShareASale.com
forAffiliates
Meet the Panel
Missy Ward @MissyWard
Co-Founder - Affiliate Summit, Inc
Jamie ReardonDigital Marketing - LifeLock
Jared Saunders @TurboJared
Affiliate Program Manager - Jenson USA
Today’s Outline
• Why is a Bonus Campaign Necessary?• Types of Affiliate Promotions.• Out-of-the-Box Promotion Ideas.• Get the Word Out!• Analyze the Results.• Build Out a Promotional Calendar.
Why a Bonus Campaign?
“Leadership is the art of getting someone else to do something you want done because he wants to do it.”- Dwight D. Eisenhower
The Reasons
In General• Engage Publishers• Remain “Top of Mind”• Create Loyalty• Build Long Term
Relationships• Quick Integration of Links• Encouragement to Exceed
Goals
Special Situations• Lengthy Sales Cycle• New Program Launch• Exceptional
Performance Necessary
$X for XXXX Clicks(I’m willing to pay an extra lump sum for affiliates who
drive more than XXX clicks this month)
Pay-Per-Click
$X for XX Sales (I’m willing to pay an extra lump sum to affiliates who drive XX sales this month)
Pay-Per-Sale
$XX for THAT Spot(I’m willing to pay an extra lump sum for THAT spot on your
website)
Pay-for-Placement
Out-of-the-Box Promotions!
Give a man a fish and feed him for a day. Teach
a man to fish and feed him for a lifetime.
- Chinese Proverb
Bonus Structures
Flat Contests• Single Largest Sale• Most Improved Affiliate• Highest Single
Commission
Raffle Contests• One Entry Per Sale
Generated• One Entry Per Unique
Post / Content Page
Standard Setups• First Sale Bonus• Tiered Bonus• New Customer Bonus• Emerging Channel Bonus
Prize Worthy
Experiences• Paid Trips to HQ for Top Performers• Paid Trips to Affiliate Summit/Industry
Conferences
Educational Time• IT Tech Time• Personal Site Evaluation• Mentoring at Affiliate Summit/Industry Conferences
Prizes & Gifts• Pay Site Hosting, Site Registration or New Software for
1 Year• New Hardware (computer, wireless mouse, etc)• AMEX Gift Cards• Your Product/Service for Free/Discounted
Prize Worthy (con’t)
Non-Traditional ‘Bonuses’• No Reversals Month• Provide Site Traffic (via costumer emails)• Increased Commission during Product Launches• Giant Check
The Formula
Bonus Structure + Prize Worthy =
Out-of-the-Box Affiliate Promotion
Most Improved Affiliate Receives a 4-Hour Personal Site Evaluation with the
Tech Team
Get the word out!Social Networking
• Facebook Advertising• Forums
• ABestWeb, AffiliateSummit, WarriorForums, WickedFire, WebmasterWorld
• Company’s Social Platform• Company Blog, Affiliate Blog, Twitter, Facebook, etc
• Personal Email Blast
Other• Skype/Call/Webinar• Direct Mail (when tied in with schwag items)
Promote the Promotion
Advertising Opportunities• Network Ad Placements• Placement on Active Bloggers Site• Pay Per Click• Affiliate Directories
Email Notifications• Affiliate Newsletter (in the network)• Company Newsletter
Analyze the Results
( Sales + Engagement )( Traffic + Branding )
(Cost + My Time)= Value
Did it Work?
Measurement Points:• New Sales/Leads• New Affiliates/Active Affiliates• Lifetime Value• Bonuses Rewarded
Yearly & Monthly Measurements:
Current month numbers over last years numbers (day adjusted). Select from Clicks, Gross and Net Sales, Number of Sales, Active
Affiliates, Average Sale and Conversion.
Monthly Measurements:
2 Prior Months, The Current Month, and 2 Future MonthsTrends can be anticipated based on an algorithm.
Build a Promotional Calendar
“If you fail to plan, you plan to fail.” Anonymous
Sunday Monday TuesdayWednesda
yThursday Friday Saturday
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4
New Site Launch Affiliate Summit
Affiliate Summit
Planning Meeting
Bonus email& Newsletter
New ProductLaunch Follow up !
Plan. Plan. Plan.
Give Advanced Notice!
Consider:• Timeliness• Common Holidays• Vertical Specific Events• Internal Events • Budget• Seasonality
Questions and Comments
Missy Ward @MissyWard
Co-Founder - Affiliate Summit, Inc
Jamie ReardonDigital Marketing - LifeLock
Jared Saunders @TurboJaredAffiliate Program Manager - Jenson USA
Lindsey Savoie Merchant Development Manager – ShareASale.com