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We’re Going to Need a Bigger Funnel:
Growth Opportunities in Affiliate Marketing
Katy Atlas, COO • August 2019
Introduction
This session will present a comprehensive
strategy for:
● Identifying segments of affiliate traffic,
● Placing them in today’s purchase funnel,
● Evaluating their alignment with core
business objectives,
● Developing an execution plan,
● Iterating for best results.
The Basics
I’m going to assume you already have…
● An active website or e-commerce site,
● Integration with Google Analytics,
● Custom sales reports,
● Your own in house marketing efforts
… and you’re looking to explore further
opportunities in affiliate marketing.
Affiliate Marketing Opportunities
Great Because…
✓ Unique opportunities
✓ Broad variety of opportunities
✓ Works for small & large
budgets
✓ Can deliver growth at scale
✓ Collaborative
But Remember…
✘ Hard to compare channels.
✘ Easy to overspend.
✘ Sometimes opaque.
✘ Sometimes unsuccessful.
✘ Critical to control brand image.
Types of Digital Marketing Opportunities
● SEO
● Search Engine Marketing
● Social Media Marketing
● Display and Advertorials
● Influencers & Bloggers
● Email
● Coupon & Deal Sites
● Comparison Sites
● Cashback/Loyalty Sites
● Toolbars
● Lead Gen
Sample User Path
How do we allocate marketing spend to cover all these channels to
achieve the final purchase?
● Learns about a product on social media
● Googles product and reads comparison sites
● Reviews brand’s website
● Abandons purchase
● Remarketed via display
● Researches selected brand on Google
● Googles discounts for first-time customers
● Purchase
Purchase Funnel: Traditional
Linear decision-making process:
● Brand Awareness
● Research & Information Gathering
● Purchase
● Retention
Purchase Funnel: Today
Research&
InformationGathering
Product & Brand
Awareness
PriceResearch
● Cyclical decision-making
● Research throughout the funnel
● Many segments contribute to the
final sale
● Some overlap between segments
● Good data can isolate performance
of each segment
Bucket Opportunity Groups
● Product & Brand Awareness
○ Social
○ Display
○ Email
● Research & Consideration
○ Influencers
○ Comparison Sites
● Pricing
○ Coupon & Deal Sites
○ Cashback/Loyalty Sites
○ Toolbars
Cross-Bucket Groups
Can target strategies to any stage of the
funnel:
● SEO
● Search Engine Marketing
● Email (sometimes)
Define Your Brand’s Goals
● New customers vs. retention
● Brand awareness vs. conversions
● Customer lifetime value
● Transparency in consumer path
Allocating Across Segments
● Categorical statements are almost always
wrong
○ “There’s no value to working with
bloggers.”
○ “We’re exclusively focused on social.”
● Be the owner of your data
○ Control tests and focus on high-quality
partnerships
● Drive results with preferred monetization
○ Channels with greater scale potential
require greater investment
Remember Additional Value Segments
● Non-tracked Sales
● Incremental offline growth
● Alignment with trusted brands
Compare Risks and Opportunities
Opportunity
✓ Can influence brand
awareness beyond a
specific transaction.
✓ Great balance between
investment and
performance.
✓ Critical -- the make or
break point of the user
journey.
Risk
✘ Challenging to gauge
success, potential to
overspend without results.
✘ Competitive and
requires greater
investment.
✘ Overlap with other
channels, last click
attribution can
over-attribute.
Stage
Early Funnel
Mid-Funnel
Late Funnel
Iterate
● Review all partnerships critically
at regular intervals
● More data means better
decision-making
● Look at user behavior to identify
better-performing affiliates
Conclusion
We’ve discussed segments of affiliate traffic,
their placement in today’s purchase funnel,
allocating budget across channels, and
iterating based on performance.
Now you’re ready to take on new affiliate
growth opportunities!
Matthew Wiedle
Business Development
e. matthew@wickfire.com
c. 818-439-5580
Katy Atlas
Chief Operations Officer
e. katy@wickfire.com
c. 646-709-2736
Nick Munoz
Business Development
e. nick@wickfire.com
c. 760-889-4246
Have a question about this presentation? We’d love to hear from you.
Katie Carmichael
Business Development
e. katie@wickfire.com
c. 208-608-2102
Contact Wickfire
Chelseah Murphy
Business Development
e. chelseah@wickfire.com
c. 310-647-7515

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How To Evaluate Growth Strategies In Affiliate Marketing And Increase Your Revenue By 40%

  • 1. We’re Going to Need a Bigger Funnel: Growth Opportunities in Affiliate Marketing Katy Atlas, COO • August 2019
  • 2. Introduction This session will present a comprehensive strategy for: ● Identifying segments of affiliate traffic, ● Placing them in today’s purchase funnel, ● Evaluating their alignment with core business objectives, ● Developing an execution plan, ● Iterating for best results.
  • 3. The Basics I’m going to assume you already have… ● An active website or e-commerce site, ● Integration with Google Analytics, ● Custom sales reports, ● Your own in house marketing efforts … and you’re looking to explore further opportunities in affiliate marketing.
  • 4. Affiliate Marketing Opportunities Great Because… ✓ Unique opportunities ✓ Broad variety of opportunities ✓ Works for small & large budgets ✓ Can deliver growth at scale ✓ Collaborative But Remember… ✘ Hard to compare channels. ✘ Easy to overspend. ✘ Sometimes opaque. ✘ Sometimes unsuccessful. ✘ Critical to control brand image.
  • 5. Types of Digital Marketing Opportunities ● SEO ● Search Engine Marketing ● Social Media Marketing ● Display and Advertorials ● Influencers & Bloggers ● Email ● Coupon & Deal Sites ● Comparison Sites ● Cashback/Loyalty Sites ● Toolbars ● Lead Gen
  • 6. Sample User Path How do we allocate marketing spend to cover all these channels to achieve the final purchase? ● Learns about a product on social media ● Googles product and reads comparison sites ● Reviews brand’s website ● Abandons purchase ● Remarketed via display ● Researches selected brand on Google ● Googles discounts for first-time customers ● Purchase
  • 7. Purchase Funnel: Traditional Linear decision-making process: ● Brand Awareness ● Research & Information Gathering ● Purchase ● Retention
  • 8. Purchase Funnel: Today Research& InformationGathering Product & Brand Awareness PriceResearch ● Cyclical decision-making ● Research throughout the funnel ● Many segments contribute to the final sale ● Some overlap between segments ● Good data can isolate performance of each segment
  • 9. Bucket Opportunity Groups ● Product & Brand Awareness ○ Social ○ Display ○ Email ● Research & Consideration ○ Influencers ○ Comparison Sites ● Pricing ○ Coupon & Deal Sites ○ Cashback/Loyalty Sites ○ Toolbars
  • 10. Cross-Bucket Groups Can target strategies to any stage of the funnel: ● SEO ● Search Engine Marketing ● Email (sometimes)
  • 11. Define Your Brand’s Goals ● New customers vs. retention ● Brand awareness vs. conversions ● Customer lifetime value ● Transparency in consumer path
  • 12. Allocating Across Segments ● Categorical statements are almost always wrong ○ “There’s no value to working with bloggers.” ○ “We’re exclusively focused on social.” ● Be the owner of your data ○ Control tests and focus on high-quality partnerships ● Drive results with preferred monetization ○ Channels with greater scale potential require greater investment
  • 13. Remember Additional Value Segments ● Non-tracked Sales ● Incremental offline growth ● Alignment with trusted brands
  • 14. Compare Risks and Opportunities Opportunity ✓ Can influence brand awareness beyond a specific transaction. ✓ Great balance between investment and performance. ✓ Critical -- the make or break point of the user journey. Risk ✘ Challenging to gauge success, potential to overspend without results. ✘ Competitive and requires greater investment. ✘ Overlap with other channels, last click attribution can over-attribute. Stage Early Funnel Mid-Funnel Late Funnel
  • 15. Iterate ● Review all partnerships critically at regular intervals ● More data means better decision-making ● Look at user behavior to identify better-performing affiliates
  • 16. Conclusion We’ve discussed segments of affiliate traffic, their placement in today’s purchase funnel, allocating budget across channels, and iterating based on performance. Now you’re ready to take on new affiliate growth opportunities!
  • 17. Matthew Wiedle Business Development e. matthew@wickfire.com c. 818-439-5580 Katy Atlas Chief Operations Officer e. katy@wickfire.com c. 646-709-2736 Nick Munoz Business Development e. nick@wickfire.com c. 760-889-4246 Have a question about this presentation? We’d love to hear from you. Katie Carmichael Business Development e. katie@wickfire.com c. 208-608-2102 Contact Wickfire Chelseah Murphy Business Development e. chelseah@wickfire.com c. 310-647-7515