Affiliate Marketing - How to Execute a Successful Campaign in Travel

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Affiliate Marketing How to Execute a Successful Campaign

description

I presented this at the Travel Distribution Summit on May 19th 09. The presentation discusses the intricacies of the travel sector, the implications this has for affiliate marketing and what I think makes a successful campaign in this sector.

Transcript of Affiliate Marketing - How to Execute a Successful Campaign in Travel

Page 1: Affiliate Marketing - How to Execute a Successful Campaign in Travel

Affiliate MarketingHow to Execute a Successful Campaign

Page 2: Affiliate Marketing - How to Execute a Successful Campaign in Travel

My Background

Travel Sector and Affiliates

Key points for a successful affiliate campaign

What stage is the travel affiliate channel at?

Summary

Questions

Agenda

Page 3: Affiliate Marketing - How to Execute a Successful Campaign in Travel

Helen Southgate

Head of Affiliate at dgm Nearly 7 years in the Industry Variety of Sectors Current Travel Clients

About Me

A Life in Affiliate Marketing

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My Background

Travel Sector and Affiliates What makes a good campaign?

How can the sector improve?

Summary

Questions

Agenda

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Travel Sector - Trends

How do Customers Search? On average customers:

Make 12 related travel searches Visit 22 different websites Take 29 days to purchase Visit the purchase site 2.5 times Use a generic term at the start of their

search 54% of the time

10% of time don’t use a branded search at all (i.e. Easyjet, Thomson)

29% of searches start with a non-brand term but finish with a brand term

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What does this mean for Affiliate Marketing?

The Importance of having an affiliate campaign in the travel sector You want to have touch points at

the beginning of the search

You need reach across a wide range of long tail terms

You need your brand to interact as many times as possible within the customer search

You want the customer to trust your brand an affiliates reinforce that

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My Background

Travel Sector and Affiliates

What makes a good campaign?

How can the sector improve?

Summary

Questions

Agenda

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What should you expect from an affiliate campaign?

Affiliates drive incremental sales

Affiliates add value to the customer purchase

Affiliates promote your brand ethically

Affiliates are rewarded for sales that they can reasonably justify that

they have contributed significantly to

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The Cookie

Cookie period in travel is important

29 days average purchase time (click to sale)

Most travel campaigns are 30 days, should this be reviewed?

PI cookies

De-duping

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The Affiliate Mix

EA

RN

ING

S

AFFILIATES

Long Tail Affiliates

Super Affiliates

Large Affiliates

Medium Affiliates

This sector of affiliates is key for a travel affiliate campaign

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Types of Affiliate

Brand AffiliatesContent Affiliates

Partnerships & Email Reward / Incentive / Voucher Sites

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How can you attract affiliates?

Competitive EPC

(earnings per click)

Rewards / Incentives

Promotional Materials

Communication

Account Management

Bespoke management

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Competitive EPC

Affiliates compare campaigns using Earnings per Click

How can you influence the EPC for affiliates? Increase the commission Increase your on site conversion rate

(OSC) Landing pages / deep linking

Increase the affiliates Click through rate (CTR)

Influencing the affiliates CTR Regular updates of copy / creative Interactive creative (i.e. searchable

banners) Analysing creative / content

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Motivating Affiliates

Think of your affiliates as your sales force, how would you motivate your topsales person? Salary Bonus Perks Status

Different affiliates will be motivated by differing levels of reward:

Top Affiliate =+

Top Affiliate + =

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Promotional Materials

What is key?

Make it easy for affiliates to promote you

Offer promotional materials that aid conversion

Regularly review materials

Look to use API / RSS / Product Feeds for “real time” data / availability changes

Update your affiliates with all new promotions / offers

dgmKnowledge

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Communicating with Affiliates

How do you break through the noise? Use all channels

Make sure you have a consistent message

Find out what channel your affiliates would prefer to use

Monitor the effectiveness of each channel

Email is a necessary evil

Communicating effectively and regularly, but not too much!

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Account Management

It’s not a myth that relationships are key to success

Good account management is: Talking regularly to key affiliates Supporting smaller affiliates Being responsive Being pro-active Problem solving Innovative Communication

Treat affiliates as you would your sales force

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Bespoke Management

One size fits all affiliate campaign has been and gone

Need to work with affiliates on a bespoke basis: Communications Commissions Promotions Incentives Relationships Remuneration

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Pay on all Actions

CPA

Holiday Booking

Brochure Request

More information request

3rd party sale (airport parking, insurance)

Repeat purchases

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Monitoring Quality

Risk factor = commission paid on booking not fulfilment of sale

How to limit the risk: Check all applications – know who you are doing

business with Monitor quality of sale Ensure you can validate all sales Assess any loopholes in payment process

99% of affiliates are ethical but you need to watch for that 1%

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My Background

Travel Sector and Affiliates

What makes a good campaign?

Where is the Travel Sector now?

Questions

Agenda

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Where is the Travel sector?

More scope to innovate & improve

Understanding the consumer journey and adapting to this is key

Last click model

Long tail growth

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Summary

Understand the customer journey for your product

Tailor your campaign

Know and understand your affiliates

Treat your affiliates as your sales force

Don’t be afraid to innovate

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My Background

Travel Sector and Affiliates

What makes a good campaign?

How can the sector improve?

Summary

Questions

Agenda

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Helen SouthgateHead of Affiliate

Direct: +44 (0)20 7943 4270

Email: [email protected]: www.dgm-uk.com

Thanks for your time