{"id":28,"date":"2006-06-25T11:55:22","date_gmt":"2006-06-25T16:55:22","guid":{"rendered":"http:\/\/daviddalka.com\/createvalue\/?p=28"},"modified":"2009-12-31T23:40:22","modified_gmt":"2010-01-01T04:40:22","slug":"internet-retailer-2006-workshop-summary-affiliate-marketing-the-unsung-hero-of-online-marketing","status":"publish","type":"post","link":"https:\/\/www.daviddalka.com\/createvalue\/2006\/06\/25\/internet-retailer-2006-workshop-summary-affiliate-marketing-the-unsung-hero-of-online-marketing\/","title":{"rendered":"Internet Retailer 2006 Workshop Summary: Affiliate Marketing &#8211; The Unsung Hero of Online Marketing"},"content":{"rendered":"<p>Boris Wertz, COO, <a href=\"http:\/\/www.abebooks.com\/\" target=\"_blank\">Abebooks.com<\/a><\/p>\n<p>20-30% of orders come from affiliate marketing<\/p>\n<p>Research network hosted versus internally hosted options<\/p>\n<p>Payout type &#8211; pay per sale, per lead, Hybrid &#8211; bonus for first time buyers<\/p>\n<p>Tools &#8211; Establish a good mix of standard and advanced link types, provide deep and up to date data feeds<\/p>\n<p>Staffing needs decision point &#8211; internal versus <a href=\"https:\/\/www.daviddalka.com\/createvalue\/2007\/06\/04\/google-keyword-sandbox-is-now-google-keyword-external\/\">external<\/a><\/p>\n<p>Familiarize yourself with payout types, run promotions<\/p>\n<p>Retention &#8211; retention of affiliates is difficult, use CRM to track, communicate regularly with affiliates, etc<\/p>\n<p>Optimization &#8211; Segment publisher by recruitment type, test landing pages,\u00a0etc\u00a0<\/p>\n<p>Measurement &#8211; compare MOM and YOY and\u00a0web analytics\u00a0<\/p>\n<p>Chris Henger, substituting for Stuart Frankel, President, <a href=\"http:\/\/www.performics.com\/\" target=\"_blank\">Performics.com<\/a>\u00a0<\/p>\n<p>Affiliate marketing is 5-20% of online sales (interesting that his figure is lower than the Abe Books <a href=\"http:\/\/www.daviddalka.com\/\">marketing speaker<\/a> \u2013 maybe book category is higher?)\u2013 reach customers in the research and purchase mode<\/p>\n<p>Affiliate marketing is fast growing but is a mature web space<\/p>\n<p>Affiliate marketing is intertwined with the search channel\u00a0<\/p>\n<p>Mass, open or private program &#8211; which one is right for you?<\/p>\n<p>Approved, live and active program<\/p>\n<p>Understand, Develop, Perform<\/p>\n<p>Understand payment terms in your category and brand management implications.<\/p>\n<p>Compliance lab to learn from affiliates.\u00a0<\/p>\n<p>Steven Denton, President, <a href=\"http:\/\/www.linkshare.com\/\" target=\"_blank\">Linkshare.com<\/a><\/p>\n<p>Communication is paramount, affiliates prefer e-mails IMs<\/p>\n<p>Send segmented newsletters and engage in proactive outreach<\/p>\n<p>Suggested site &#8211; <a href=\"http:\/\/www.thebudgetfashionista.com\/\" target=\"_blank\">thebudgetfashionista.com<\/a><\/p>\n<p>Compensation Structures will vary &#8211; tiered and bonus offers and sales contests and promotions<\/p>\n<p>Hidden pitfalls &#8211; don\u2019t dedicate enough resources, focusing on sheer number of affiliates, viewing affiliate marketing as cheap advertising\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>Hub of affiliate marketing activity &#8211; <a href=\"http:\/\/www.abestweb.com\/\" target=\"_blank\">abestweb.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boris Wertz, COO, Abebooks.com 20-30% of orders come from affiliate marketing Research network hosted versus internally hosted options Payout type &#8211; pay per sale, per lead, Hybrid &#8211; bonus for first time buyers Tools &#8211; Establish a good mix of standard and advanced link types, provide deep and up to date data feeds Staffing needs [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-28","post","type-post","status-publish","format-standard","hentry","category-general"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.daviddalka.com\/createvalue\/wp-json\/wp\/v2\/posts\/28","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.daviddalka.com\/createvalue\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.daviddalka.com\/createvalue\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.daviddalka.com\/createvalue\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.daviddalka.com\/createvalue\/wp-json\/wp\/v2\/comments?post=28"}],"version-history":[{"count":0,"href":"https:\/\/www.daviddalka.com\/createvalue\/wp-json\/wp\/v2\/posts\/28\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.daviddalka.com\/createvalue\/wp-json\/wp\/v2\/media?parent=28"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.daviddalka.com\/createvalue\/wp-json\/wp\/v2\/categories?post=28"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.daviddalka.com\/createvalue\/wp-json\/wp\/v2\/tags?post=28"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}