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From leads to loyal customers



MORE LEADS & SALES WITH AFFILIATE MARKETING




         by Dennis KENIS & Erik BOUMAN from FairEtail - 16/6/2010   1
Topics




1. FairEtail introduction

2. Affiliate Marketing – it’s a complicated world
      Market players
      Eco-System

3. 10 tips for better performance

4. Q & A
FairEtail introduction


            FairEtail Performance-Based Marketing Agency
Our combination of full-service & no-cure no-pay is unique in the Benelux


    Truly independent partner for
 Performance-based online marketing

    Full coverage of all channels for
          optimal performance

        Full service approach:
      From strategy to execution

The FairEtail team consists of experts in
   the performance-marketing field



                 100% Performance-based business model
                     Our clients pay only for results!
                                                                            3
AFFILIATE MARKETING
            -
It’s a complicated world
Affiliate Marketing – it’s a complicated world


THE MARKET PLAYERS
Affiliate Marketing – it’s a complicated world


THE MARKET PLAYERS
Affiliate Marketing – it’s a complicated world


THE MARKET PLAYERS
Affiliate Marketing – it’s a complicated world


THE MARKET PLAYERS
Affiliate Marketing – it’s a complicated world
Affiliate Marketing – it’s a complicated world

THE ECO-SYSTEM
Affiliate Marketing – it’s a complicated world

THE ECO-SYSTEM



                                           Affiliate
             Advertiser                                     Affiliates           Consumers
                                          Networks

                                                                                   Consumer
                                                                                   segment A


                                                              Premium Sites        Consumer
                                                                                   segment B


                                           NetAffiliation                          Consumer
                                                                                   segment C

                                                                Verticals
                                                                                   Consumer
          Affiliate Marketing Programme                                            segment D

                                              Zanox
                                                                                   Consumer
                                                                                   segment E

                                                             Email publishers
                                                                                   Consumer
                                                                                   segment F

                                           TradeDoubler
                                                                                   Consumer
                                                             Search affiliates     segment G
                                                                    ...
                                                                                   Consumer
                                                                                   segment H
Affiliate Marketing – it’s a complicated world


DIFFERENT PERSPECTIVES – ADVERTISER vs AFFILIATE


     As Advertiser you set the rules for YOUR affiliate marketing programme
     The Advertiser presents the affiliate programme via a network to the affiliates
     They choose to apply or not
     The Advertiser accepts or refuses the applications
     The accepted affiliate can start to promote the Advertiser, without any
      engagement in terms of volume
     Both the Advertiser and the affiliates can end the collaboration at any time,
      respecting a minimum term




 Mutual agreement with long-term perspective and
        short-term engagement = win-win
10 TIPS FOR BETTER PERFORMANCE
10 tips for better performance


Advertiser vs Affiliate perspective


    Statement # 1

    Use an unlimited sales budget for affiliate marketing.




                                      Right !

            Tip: Don’t use a fixed marketing budget to assure continuity
10 tips for better performance


Advertiser vs Affiliate perspective


     Statement # 2

     The more the merrier, so work with as many networks as possible.




                                      Wrong !

      Tip: Work with 2 or 3 networks and present your programme as a pitch
10 tips for better performance


Advertiser vs Affiliate perspective


     Statement # 3

     Your paying twice as much for sale as your competitor, so you are
     attracting all the best affiliates.


                                      Wrong,
           have you ever thought in terms of earnings per click?



           Tip: The only objective benchmark for your programme is EPC
10 tips for better performance


Advertiser vs Affiliate perspective


    Statement # 4

    Affiliates may have reasons to complain they are being paid too late.



                                      Right,
                        but you control their payment term!



       Tip: Pay your invoices on time, so your affiliates are paid on time too
10 tips for better performance


Advertiser vs Affiliate perspective


     Statement # 5

     The affiliate commission is the most important factor for success.



                                      Right,
      After offering, promotion, banners, landing page & conversion flow...




                  Tip: Work on all conversion elements and make sure
                    you don’t have to compensate with commission
10 tips for better performance


Advertiser vs Affiliate perspective


    Statement # 6

    Conversion is the key performance indicator when evaluating affiliates.



                                      Right,
                          but it doesn’t tell you everything.



        Tip: Conversion is an important factor, but don’t focus blindly on it
10 tips for better performance


Advertiser vs Affiliate perspective


    Statement # 7

    Be very selective when accepting new affiliates, so you only attract
    the ones you are 100% sure about.



                                      Wrong !

             Tip: Judge affiliates on their performance, not on first sight
10 tips for better performance


Advertiser vs Affiliate perspective


    Statement # 8

    15% of your affiliates are generating 85% of your business.
    You have to do something about it.


                                      Wrong,
                                That’s perfectly normal.



    Tip: Focus on your top affiliates as they are true online experts, but don’t
                    ignore the high-potentials among the 85%
10 tips for better performance


Advertiser vs Affiliate perspective


    Statement # 9

    Your affiliates are just like offline sales representatives who need to
    be tickled in order to perform.



                                      Right !

        Tip: Communicate, give clear objectives & motivate your affiliates!
10 tips for better performance


Advertiser vs Affiliate perspective


    Statement # 10

    You don’t have the resources and expertise to handle your affiliate
    management in-house, but an external party will never show the
    same engagement as an employee.


                                      Wrong,
             if you choose the right partner and the right model!



             Tip: If you choose to outsource your affiliate management,
               consider outsourcing the financial risk at the same time
QUESTIONS ?


      Dennis KENIS             Erik BOUMAN
  Managing Partner         Country Manager NL
  dennis@fairetail.be    erik.bouman@fairetail.nl
 Tel: +32 479 99 37 36     Tel: +31 645 31 47 17
                                                    25

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Conversion Wednesday Fair Etail

  • 1. From leads to loyal customers MORE LEADS & SALES WITH AFFILIATE MARKETING by Dennis KENIS & Erik BOUMAN from FairEtail - 16/6/2010 1
  • 2. Topics 1. FairEtail introduction 2. Affiliate Marketing – it’s a complicated world  Market players  Eco-System 3. 10 tips for better performance 4. Q & A
  • 3. FairEtail introduction FairEtail Performance-Based Marketing Agency Our combination of full-service & no-cure no-pay is unique in the Benelux Truly independent partner for Performance-based online marketing Full coverage of all channels for optimal performance Full service approach: From strategy to execution The FairEtail team consists of experts in the performance-marketing field 100% Performance-based business model Our clients pay only for results! 3
  • 4. AFFILIATE MARKETING - It’s a complicated world
  • 5. Affiliate Marketing – it’s a complicated world THE MARKET PLAYERS
  • 6. Affiliate Marketing – it’s a complicated world THE MARKET PLAYERS
  • 7. Affiliate Marketing – it’s a complicated world THE MARKET PLAYERS
  • 8. Affiliate Marketing – it’s a complicated world THE MARKET PLAYERS
  • 9. Affiliate Marketing – it’s a complicated world
  • 10. Affiliate Marketing – it’s a complicated world THE ECO-SYSTEM
  • 11. Affiliate Marketing – it’s a complicated world THE ECO-SYSTEM Affiliate Advertiser Affiliates Consumers Networks Consumer segment A Premium Sites Consumer segment B NetAffiliation Consumer segment C Verticals Consumer Affiliate Marketing Programme segment D Zanox Consumer segment E Email publishers Consumer segment F TradeDoubler Consumer Search affiliates segment G ... Consumer segment H
  • 12. Affiliate Marketing – it’s a complicated world DIFFERENT PERSPECTIVES – ADVERTISER vs AFFILIATE  As Advertiser you set the rules for YOUR affiliate marketing programme  The Advertiser presents the affiliate programme via a network to the affiliates  They choose to apply or not  The Advertiser accepts or refuses the applications  The accepted affiliate can start to promote the Advertiser, without any engagement in terms of volume  Both the Advertiser and the affiliates can end the collaboration at any time, respecting a minimum term Mutual agreement with long-term perspective and short-term engagement = win-win
  • 13. 10 TIPS FOR BETTER PERFORMANCE
  • 14. 10 tips for better performance Advertiser vs Affiliate perspective Statement # 1 Use an unlimited sales budget for affiliate marketing. Right ! Tip: Don’t use a fixed marketing budget to assure continuity
  • 15. 10 tips for better performance Advertiser vs Affiliate perspective Statement # 2 The more the merrier, so work with as many networks as possible. Wrong ! Tip: Work with 2 or 3 networks and present your programme as a pitch
  • 16. 10 tips for better performance Advertiser vs Affiliate perspective Statement # 3 Your paying twice as much for sale as your competitor, so you are attracting all the best affiliates. Wrong, have you ever thought in terms of earnings per click? Tip: The only objective benchmark for your programme is EPC
  • 17. 10 tips for better performance Advertiser vs Affiliate perspective Statement # 4 Affiliates may have reasons to complain they are being paid too late. Right, but you control their payment term! Tip: Pay your invoices on time, so your affiliates are paid on time too
  • 18. 10 tips for better performance Advertiser vs Affiliate perspective Statement # 5 The affiliate commission is the most important factor for success. Right, After offering, promotion, banners, landing page & conversion flow... Tip: Work on all conversion elements and make sure you don’t have to compensate with commission
  • 19. 10 tips for better performance Advertiser vs Affiliate perspective Statement # 6 Conversion is the key performance indicator when evaluating affiliates. Right, but it doesn’t tell you everything. Tip: Conversion is an important factor, but don’t focus blindly on it
  • 20. 10 tips for better performance Advertiser vs Affiliate perspective Statement # 7 Be very selective when accepting new affiliates, so you only attract the ones you are 100% sure about. Wrong ! Tip: Judge affiliates on their performance, not on first sight
  • 21. 10 tips for better performance Advertiser vs Affiliate perspective Statement # 8 15% of your affiliates are generating 85% of your business. You have to do something about it. Wrong, That’s perfectly normal. Tip: Focus on your top affiliates as they are true online experts, but don’t ignore the high-potentials among the 85%
  • 22. 10 tips for better performance Advertiser vs Affiliate perspective Statement # 9 Your affiliates are just like offline sales representatives who need to be tickled in order to perform. Right ! Tip: Communicate, give clear objectives & motivate your affiliates!
  • 23. 10 tips for better performance Advertiser vs Affiliate perspective Statement # 10 You don’t have the resources and expertise to handle your affiliate management in-house, but an external party will never show the same engagement as an employee. Wrong, if you choose the right partner and the right model! Tip: If you choose to outsource your affiliate management, consider outsourcing the financial risk at the same time
  • 24.
  • 25. QUESTIONS ? Dennis KENIS Erik BOUMAN Managing Partner Country Manager NL dennis@fairetail.be erik.bouman@fairetail.nl Tel: +32 479 99 37 36 Tel: +31 645 31 47 17 25