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Crown Partners: Achieving Marketing Nirvana - Campaign, Systems and Analytics...Day Software
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Challenged with managing multiple campaigns across multiple systems with disparate analytics? Learn how Crown Partners and their Global 2000 customers have successfully implemented the “5 M’s Methodology” for increased speed to market and improved insight to results while managing the balance between IT and Marketing requirements.
Guy Sulzberger, VP Mid-Market Sales, Crown Partners
AffiliateTraction, with offices in Santa Cruz California, is the largest multi-national affiliate marketing agency in the world. We provide all-inclusive affiliate management and promotional services for global brands and retailers.
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AffiliateTraction, with offices in Santa Cruz California, is the largest multi-national affiliate marketing agency in the world. We provide all-inclusive affiliate management and promotional services for global brands and retailers.
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Similar to Affiliate Marketing Theatre; Boosting other brands marketing channels with your affiliate programme and bridge the gap between online and offline
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Types of Affiliate Marketing
Boosting Other Brands Marketing Channels with Your Affiliate Programme and Bridge the Gap Between Online and Offline
Chair: Hardeep Sohal,Account Director,Commission Junction
AffiliateTraction, with offices in Covent Garden, London, is the largest multi-national affiliate marketing agency in the world. AffiliateTraction UK provides all-inclusive affiliate management and promotional services for top internet brands and retailers.
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Affiliate Marketing Theatre; Boosting other brands marketing channels with your affiliate programme and bridge the gap between online and offline
1. Boosting Other Brands Marketing
Channels with Your Affiliate
Programme and Bridge the Gap
Between Online and Offline
Hardeep Sohal - Commission
Junction
Sponsored by: Organised by:
2. Boost other marketing channels with your affiliate
programme and bridge the gap between online &
offline
3. What's the goal of an Affiliate Programme?
“…to expand the reach of brand & product beyond the
means of a merchant’s own internal marketing. The
promotion of the brand on external sites is in itself an
endorsement of the brand which should not be
undervalued…”
3
4. Online
• Accuracy • Targeted • Optimisation
• Rapidity • Metrics • Results
Tracking Reach Speed
Offline
• Spend • Experience • Consultative
• Established • Immediacy • Service
Try before Considered
Traditional
you Buy Purchases
4
6. • Merges the real world with the virtual world
Technology • Incorporates information/promotions for user location
• Transactions can be made both on & offline
• Commercial viability comes second to user experience
6
7. • Learning's taken from existing Merchant relationships
• Driving users into stores using incentives Publisher
• Social, Local & Mobile being increasingly adopted
• Using Local & Mobile to drive members into merchant store
• Aiming to increase both online and offline sales for merchant
• Check-in CR: 16%
• Growth
• Clicks: 54%
• Sales: 59%
• CR: 12%
• In-store cashback for full
visibility
7
8. • Learning's taken from existing Merchant relationships
• Driving users into stores using incentives Publisher
• Social, Local & Mobile being increasingly adopted
• After a point, ROI on paid search drops below the cost
• Partnering with a PPC specialist within your Affiliate program can help maximize ROI on the
long tail of search terms.
8
9. • Simple enough right?
• Message best delivered
consultatively (a.k.a in person)
• Incremental? Profitable?
• Agreement between online & offline departments
• Opportunity must be mutually beneficial
• Work with X-platform tracking
Merchant
• Visibility on user journey
9
10. • Technological flexibility
• Minimize risk & leakage
Network • Understand offline KPI’s as well as online
10
16. Who are Stream:20?
What we do Specialisms
Stream:20 is a digital PPC Affiliates
marketing consultancy, est.
2005. Display SEO
Stream:20 provide the in- Social Media Email
house digital marketing
Channel
capabilities and momentum Conversion
Management
businesses need to drive key
initiatives forward. Mobile
Focus: hitting client KPIs
24. Lifecycle of a Affiliate Partnership
Driving Momentum
1 2 3 4
Affiliate
Growth Strategy
becomes key
Affiliate active sales driver
Affiliate Affiliate
Traffic being
sign up engaged
driven
Affiliate drives
low level of
sales
Lapsed Partners
Recruit affiliates Traditional metrics
Monitor performance top level Visits, sales, CPA
Focus on top performers Group top affiliates
Group affiliates by type / performance All top line
25. Lifecycle of a Affiliate Partnership
Driving Momentum
1 2 3 4 5
Affiliate
Growth Strategy
becomes key
Policing
Affiliate active sales driver
Affiliate Affiliate
Traffic being
sign up engaged
driven
Communicate
Affiliate drives
low level of
sales
Optimise
Lapsed Partners
26. Most of the
focus is on Top Tip of theTop affiliates
iceberg
performers
Rest of the
What about base
the long
tail??
What we see is
often only a
fractional part of
what it really is
27. Affiliates – Introducing New KPIs
Recruitment:
• Number of new sales driving affiliates
Retention:
Recruitment Retention • Number of sales driving affiliates lost
Activation:
• Percentage of registered affiliates that
drive sales
Activation Growth Growth:
• Number of affiliates driving on average
over 5 sales a month
• Percentage of affiliates driving more
sales in 2012 than 2011
Ensuring underlying metrics are hit maintains the program strength whilst
ensures both current and long term sales targets are met. 27
28. Affiliate KPIs - Detail
DATA SCENARIOS HOW YOU CAN ACT
• Objective: grow active
affiliates
• Actions: incentives/
eCRM program
# of active affiliates (as reported by networks)
steady over the year
• Objective: maximise
sales
• Actions: ongoing
communication and
optimisation
Positive growth in number of affiliates driving
sales eliminates channel risk
29. Affiliate KPIs - Detail
DATA SCENARIOS HOW YOU CAN ACT
• Objective: grow lower
tier, reactivate
• Action: nurture program,
activation incentives
Little uplift but constant influx of new affiliates
throughout the year maintains momentum
• Objective: grow mid tier
• Action: optimisation,
target incentive strategy
Number of large volume sales driving
affiliates follows overall sales trend
30. eCRM for Affiliates
An effective email/eCRM program can be expected to efficiently:
1. Understand and extend the lifetime value of an affiliate
2. Increase engagement by broadening the partner’s business
and product experience
3. Maximise the value of an affiliate
4. Mitigate churn and deliver value on a rolling basis.
31. eCRM for Affiliates
Implement an effective email/eCRM program
Identify Segments Welcome/New Active Pending Lapsed Lapsed Reg/ Not active
Objective: Objective: Objective: Objective: Objective:
Educate Maintain engage Identify partners Create a winback Trigger campaigns for
Reduce early churn Upsell/Xsell showing a propensity strategy partners with no
X-sell Reward success to lapse and encourage to re-engage lapsed product uptake after
Return users to site re-engagement. customers. registration.
Identify Value VIP High Value Mid Value Low Value No Value
Objective: Create SCV of customers for RFM modelling to create loyalty scheme and messaging.
Identify Preferences Objective: Capture explicit and implicit partner business preferences to relevant emails that cut through the
inbox clutter and generate incremental sales
Email campaign management best practice:
- Reporting/Tracking
- Deliverability management
- Creative best practice/testing
- List management
32. Categorizing affiliates by value
SCENARIO 1: 80% COMING FROM TOP 5
Long tail
20%
Top
Affiliates
80%
SCENARIO 2: GETTING TO 60% COMING FROM TOP 5
Long tail
40%
Top
Affiliates
60%
33. Categorizing affiliates by type
What verticals you target with your strategy makes a difference
You can layer in new affiliate verticals to drive incremental sales
As new verticals come on, there is some cannibalisation, but
over all you will get incremental revenue
34. Un-tap the power of data
1. Data is your friend - identify what matters
2. Analyse data to show you:
where you are performing well
key revenue drivers
where specific improvements are
needed
the modelled impact of those
improvements
3. Uncover the hidden insights in your data
Engage in strategic discussions to help
you take effective and meaningful action
36. A Decade of Affiliate Marketing
Already Under Our Belts, But
What's Coming Next For Us All?
Nicky Iapino – RO Eye
Sponsored by: Organised by:
37. Powering Performance Marketing: How
key technology choices benefit your e-
commerce business
Rory Murphy – Equinix Europe
Owen Hewitson – Affiliate Window
Sponsored by: Organised by:
Editor's Notes
Acquisition and retention, across all channelsResource solutions
Introduction of Recruitment, Retention and Growth Targets to fit into sales targets whilst ensuring program strength
Importance of top affiliates drops over the year as more affiliates contributeStart with the top 10, execute a mid tier strategyAs that begins to take hold, work on the top 25 – start your nurture and activation programThroughout – you need to recruit, as that allows you to be in a position to start to look at a top 75 plan
Using a mythical scenario of growing the verticals in a program:When offer affiliates come in, they take sales from contentWhen cashbacks come in, they take sales from offer affiliatesEmail and social then take sales from what is there and so on…the point is, categorising verticals, watching these categories, and setting youselves targets helps you a lot