how to boost your growth with affiliate marketing

31
Neil Patel, co-founder at KISSmetrics How to Increase your Revenue with Aliate Marketing April 2014

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Page 1: How to Boost Your Growth with Affiliate Marketing

Neil Patel, co-founder at KISSmetrics

How to Increase your Revenue with Affiliate Marketing !April 2014

Page 2: How to Boost Your Growth with Affiliate Marketing

Dan McGaw - KISSmetrics - @danielmcgaw !Dan is the Director of Marketing at KISSmetrics, where he get’s the opportunity to help the best marketers in the world measure their marketing and business efforts. Prior to KISSmetrics, Dan was VP of growth at Code School, where he helped the company grow to over 500k users and $400k+ in monthly revenue.

Neil Patel - KISSmetrics - @neilpatel !Neil Patel is a serial entrepreneur, angel investor and digital marketing specialist. He co-founded Crazy Egg and KISSmetrics, and he has spoken at over 100 web marketing conferences.

Page 3: How to Boost Your Growth with Affiliate Marketing

Doing Business on the Web for 11 Years

Page 4: How to Boost Your Growth with Affiliate Marketing

@danielmcgaw #KISSwebinar

Join Dan on Twi"er

Page 5: How to Boost Your Growth with Affiliate Marketing

@neilpatel #KISSwebinar

Join Neil on Twi"er

Page 6: How to Boost Your Growth with Affiliate Marketing

1 Foundation of Affiliate Marketing

2 Turning Advocates into Marketers

3 Affiliate Marketing for SaaS

Today we will cover

4 Measuring Your Performance

Page 8: How to Boost Your Growth with Affiliate Marketing

Foundation of Affiliate Marketing

1

Page 9: How to Boost Your Growth with Affiliate Marketing

Can be thought of as outsourced marketing

What is Affiliate Marketing?

Page 10: How to Boost Your Growth with Affiliate Marketing

How it Works

Affiliate is assigned a tracking URL

Affiliate markets your company

Customers or leads are acquired

Affiliate receives a commission

Page 11: How to Boost Your Growth with Affiliate Marketing

Affiliate uses a tracking code

Installs a tracking URL on their website or ad

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Affiliate markets your company

Affiliate markets your company

Page 13: How to Boost Your Growth with Affiliate Marketing

Customers or leads are acquired

Visitor purchases product or signs up

Page 14: How to Boost Your Growth with Affiliate Marketing

Affiliate receives a commission

Affiliate receives a commission

Page 15: How to Boost Your Growth with Affiliate Marketing

Affiliates vs Referrals

Referral programs are for customers

Page 16: How to Boost Your Growth with Affiliate Marketing

Affiliates

Anyone can be an affiliate

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Advantages

• Pay only for results

• Can be more cost effective

• Affiliates may be be"er at creating copy & reaching segments

• You know your cost per acquisition

• You almost never lose money

Page 18: How to Boost Your Growth with Affiliate Marketing

Drawbacks

• You don’t control the message

• Lead quality may not be as good

• If mismanaged your traffic may come from an unreputable source. This could also make your brand look bad.

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Turning Advocates into Marketers

2

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Finding Good Affiliates

The ones passionate about your product may be the best affiliates.

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HasOffers

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Creating an Offer for Affiliates

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View Pending Affiliates

Page 25: How to Boost Your Growth with Affiliate Marketing

Implications for SaaS

3

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Begin A$er Product/Market Fit

Should be done when you’re at a steady state

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Price point

Affiliates need a high price point

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Be Sure Your Site Converts

Affiliates want to work with websites that convert

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Figure out affiliate pay

Are affiliates paid one time or recurring?

Page 30: How to Boost Your Growth with Affiliate Marketing

THANK YOU

Neil Patel Co-Founder

@neilpatel

Page 31: How to Boost Your Growth with Affiliate Marketing

Questions?

Neil Patel Co-Founder KISSmetrics

@neilpatel

Dan McGaw Director of Marketing

KISSmetrics @danielmcgaw