Very interesting ppt. The research indicated PPT only contains 30% of information; therefore the 70% valuable information comes from the presenter himself/herself. soEZLecturing.com provides you a chance to record your voice with your PowerPoint presentation and upload to the website. It can share with more readers and also promote your presentation more effectively on soEZLecturing.com.
Affiliate Marketing Strategies for Online Bingo - Presentation Transcript
Affiliate Marketing Strategies
Presented by:
Nicky Senyard
CEO
Income Access
Getting More Out of Your Bingo Affiliate Program
Introduction to Income Access
Income Access Network: only independent online gaming affiliate network.
Established in 2002
Currently 17,000 gaming affiliates registered with network
Partners in network: Ladbrokes, Unibet, Jackpotjoy, Gold Mobile and Lasseters Casino and Sportsbook
Income Access Software: first unique provider of independent affiliate software to the gaming industry
Introduction to Income Access
Established in 2003
Currently provides software to over 20 different operators
Operators include Victor Chandler, Sportingbet Europe, Purple Lounge, Game Account and Bingo.com
The company employs 30 people - 15 affiliate managers and 8 in the technical team
Where to Get More Value
The problem is that operators are constantly battling to get more out of their established affiliate programmes.
Overview of Bingo
Bingo is one of the oldest and most popular games in the world. Playing bingo is arguably the most socially gratifying experience among all games of chance, with an appeal that transcends age and gender.
Online bingo operators are usually specialists and excel in player retention mandatory.
Who are the Affiliates
Usually successful online bingo affiliates are also specialists:
Which Bingo
Bingo Port
Bingo Base
Bingo Bliss
Bingo Power
Online Bingo.co.uk
Bingo Hideout
Mad About Bingo
Who are the Affiliates
Others doing well with Bingo:
Reward/loyalty sites, e.g.:
iPoints
Greasy Palms
Cash Back Rewards
Slots-dedicated portals and an increasing trend among sites dedicated to blogs, celebrity gossip, and community news.
About the bingo affiliate
Located mainly in the UK and jurisdictions that allow open marketing of online bingo some presence in Spain
Affiliates usually market through
PPC
SEO
email marketing
offline advertising, e.g. TV and print ads
About the bingo affiliate cont…
Affiliates are looking for:
Vibrant, live chat capability for their players
High converting sites or registration pages
Fresh content, particularly on player wins
Continuous promotions including contests for cash prizes, cruises, holidays, household gadgets, etc.
What are the expectations of the affiliates:
Conversions – What is a new customer costing me?
Commissions – What am I being paid for my efforts?
Promotions (for customers and affiliates) - How am I and my customers being rewarded?
Retention – What is the site doing to get my customer back? How long are they staying? How much will I be making with this program in the long term?
What are the expectations of the affiliates:
Payments – Am I consistently receiving my payments on time?
Communication (Affiliate Management) – Are my inquiries responded to? Does the program take my needs into consideration? Am I provided with the information that I need to successfully promote?
What are the operators offering
25% - 35% revenue share
What options do you have?
Pay per Lead – player registration without deposit
Revenue share – percentage of sale
Cost per Acquisition (CPA)
Combination of revenue share and CPA
Special bonus – extra payment for achieved activity
Sliding scales – more sales, higher commission rate
Getting the Best Results
5 Key Areas will be Explored:
Your product and your site
Your affiliates
Your marketing and promotions
Your flexibility
Your success
Affiliate Program Facts
Your affiliate program is one part of your marketing strategy. It will not work well in isolation
If you set up your affiliate program and leave it – you will not be successful
Affiliate programs need attention and resources to flourish
Affiliate programs are a long-term marketing option
Expect to give the program at least 4 to 6 months before you see results
Stability is important
Communication is vital
Unique content is king
Facts about Affiliates
Affiliates are running their own business and expect to make money from the partnership they have with you
They are naturally weary of new sites and new brands – longevity and consistency are important, because it has a direct impact on them financially
Usually they know their traffic and what will work on their site
Good affiliates are in high demand and already have well-established relationships
Once an affiliate has signed and displays a banner for your program this does not mean that he will become active or produce customers and sales
Your Site and Product
Affiliates analyse new operators for customer usability
Make sure your site is easy to navigate and to deposit with
Know the facts about your site
Affiliates want to know:
Conversion rates
Best selling games
Best time to promote
Your Site and Product
Be able to talk about your customers in depth
Demographics
Depositing patterns
Motivations – time, discounts, special gifts
Have active customer care and retention programmes in place
Affiliates may become “secret shoppers” before actively promoting your site
Your Site and Product
Ensure consistency of branding and promotions across your affiliate program and other marketing channels.
Affiliates will do their research and will want to make sure they are not offering inferior promotions or content.
Your Affiliates
The key to productive affiliates is good relationships
Achieved through:
Effective communication
Asking questions to clarify needs
Demonstrating understanding
Being consistent
Paying on time
Use experience and knowledge from other marketing channels to positively impact results
Customer emails
Product reviews
Press releases
Your Affiliates
Know your affiliates
Research and analyse:
Who they are
When they became affiliates
What they market
How they market
What their conversion rates are
What resources you can offer to enhance their experience & improve results
Your Affiliates
Become part of the affiliate community
Understand the more holistic issues
Look for the community leaders
Your Marketing and Promotions
Marketing and promotions are broken into two different areas:
Customer promotions
Affiliate promotions
Both areas need attention, planning and resources
Fresh affiliate promotions demonstrate you are interested in your affiliates and willing to work with them
Your Marketing and Promotions
Effective customer promotions will provide tools to affiliates to secure new customers for you
Customer promotions need to be available to affiliates in advance
For example, Christmas promotions available in November
New customer promotions need to be accompanied by fresh creative and marketing tools
Your Flexibility
Being willing and able to be flexible demonstrates your commitment to affiliates and their marketing efforts
Special customer promotions for specific affiliates
Specific landing pages for these promotions
Tailored data feeds
Change in affiliate compensation for increased volume of customers or specific types of customers
Specially designed affiliate promotions
Evaluating your current affiliate program
For each of the following questions please answer yes or no
Do you know the number of affiliates in your program?
Do you know the number of active affiliates?
Do you know how these affiliates are promoting?
Do you know what is generating the most in terms of types of affiliates or creative - traffic, conversions, money and longevity of players?
Do you know the response you get from affiliates when you contact them? - Consider modifying to: Do you know your affiliates’ impression of your program?
Do you know your affiliate programme’s promotional schedule ?
Do you know what percentage of customers are coming from the affiliate program compared to your other forms of online marketing?
Do you know where your affiliates are signing up from?
Do you know your affiliate programme’s level of participation in the forums - and which forums and why?
Do you know if you have an affiliate blog?
Do you know if it is being read by affiliates?
Do you know if your affiliates' compensation package is competitive?
Do you know if your affiliate traffic is profitable?
Do you know how recognised your brand is within the affiliate community?
Affiliate health spot check:
How many affiliates sign up to your programme a month?
Of this number, what percentage become active in their first month?
What is the trend of new players coming through the affiliate programme?
How many affiliates are sending new players each month?
Has this number remained stable?
Is the number increasing or decreasing?
What can you do to build the channel for affiliates:
Online and offline advertising to enforce brand and reputation
Acquire quality bingo software to power the bingo room with free game features and flexibility to introduce new games consistently
Develop a fun, interactive chat room with dynamic chat hosts
What can you do to build the channel for affiliates:
Increase player membership (you can incentivise members to sign up for free by offering a gift card or voucher, etc)
Have flexible landing pages that are tested for conversion
Have multi-currency features
Include diverse games such as slots and lotto
Your Success
To be successful in the affiliate marketing channel, you need the following qualities:
Motivation and enthusiasm
Making the time to be involved and to understand the current issues
Expertise
Learn about the online marketing industry, the issues affiliates face and how your actions impact your affiliate community
Your Success
To be successful in the affiliate marketing channel you need the following qualities: (contd.)
Partnership
Appreciate that affiliates are also in a business and decisions you make need to be commercially viable for yourself and them.
Communication
Take the time to listen – not just to the words, but to the needs of your affiliates.
Your Success
To be successful in the affiliate marketing channel you need the following qualities: (contd.)
Longevity
Plan to be around for a long time. Established affiliates plan their partnership for the long term.
Consistency
By providing consistency with communication, actions, marketing approach and attitudes, affiliates will know you are someone they can trust and count on - an important quality in partnerships.
Last Tips
You can’t rush an affiliate program’s growth
Paying attention to the small things pays off
Be active in the community so affiliates learn more about you as a person
Affiliates all talk to one another – gossip spreads quickly
Affiliates are successful because they know their business – ask questions to learn about how you can capitalize on their success
Pay on time
The affiliate channel needs to be an integral part of your online marketing strategy (PPC, SEO, media buys/advertising, emailing)
2 comments
Comments 1 - 2 of 2 previous next Post a comment