Setting Up A Campaign
Setting Up A Campaign
Affiliate marketing is forming an integral part of digital marketing – how
would
you go about setting up and launching a new campaign? Affiliate marketing
should grow your business, and grow with your business, so it’s important
to
plan and prepare for long lasting success.
First, you need a clear idea of your business’s identity, goals and unique
selling
points. No doubt you will have competitors that affiliates already promote;
you
need to be able to give affiliates compelling reasons why your programme is
better.
With this in mind, you need to determine the goal of your affiliate
marketing.
If you are a new business, you might just want to build traffic and brand
awareness. Depending on what industry you are in, your goal could be new
customer leads, or it could be increased retail sales. Make sure you are
clear
on what you want, and that your website reflects this.
Then, you need to decide whether you are going to run your own programme,
from affiliate recruitment to tracking and paying, or whether you are going
to
use an affiliate network. If you are using an affiliate network, you’ll
need to do
your homework on the best network or networks to join. Look at:
• Where your competitors are.
• Who has the kind of affiliates you want.
• What the joining fees and monthly fees are.
• How much support they can offer you.
• What countries the network is in.
You’ll also need to decide whether you will hire an affiliate manager to
run your
programme, whether you might outsource your programme management, or
whether you already have the resources to run the programme yourself.
You need to do a full competitor analysis, focusing on your competitors’
affiliate
programmes. Look at:
• Commission tiers
• Cookie periods
• Creative offerings
• Which affiliates they work with
• Networks
• Incentives offered to affiliates
Prepare the basics that you’ll need to start a programme:
• Product feed
•
Banners and other creative offerings
Using your competitor research, decide on commission, commission tiers,
cookie period and incentives.
Test the tracking software on your site, and make sure that it does not
conflict
with any other tracking you are using.
Recruit affiliates: use your
competitor analysis to contact potential affiliates,
promote your programme through affiliate forums, use your affiliate network
contact channels to approach affiliates and approach sites that you think
fit
your user demographic.
And it doesn’t all stop once you’ve launched! The key to successful
affiliate
marketing is ongoing communication with and marketing to your affiliates.
You need to make sure you are on top of validating sales, so they get their
commission. You need to ensure that you stay competitive with your
commission
offering. And, you need to keep your affiliates up to date with any
information
that could make them send more customers your way – more revenue for you
and
thus more cash for them!
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