Affiliate Marketing Brand Protection
Affiliate marketing can be a great way to get relevant traffic to your website. You only pay a commission when this traffic is giving some result.
I always compare affiliate marketing with offline retail. Retail is making money by selling your product and keeping a part of the revenue. For Brands it is always wise to have this distribution channel in place. But just like with offline retail you must have a strategy.
When you are for example a luxury brand. You only want to see your product sold in exclusive shops. Otherwise you harm your brand. On the Internet this issue is even more relevant.
Good affiliate networks always let you, as advertiser, review each website to decide if a website is a suitable match for your brand. But still this is not enough. We have seen examples of big brands getting in very bad places. (check German examples here).
To prevent Brand damage you should always manage your affiliate programs properly. Is there anything strange going on in your program. Affiliateblog.nl (in Dutch) comes with a lot of things you should look at. In short, ask yourself this questions :
- Check your top-10 affiliates. Do you know them? Where do they get their traffic from?
- Check your stats. Are there any affiliates delivering huge amounts of traffic with a low conversion and/or high bounce rate?
To start with affiliate marketing in Switzerland you can start with Tradedoubler.
More basic info about affiliate marketing on wiki.
June 17th, 2008 at 2:43 pm
[…] do believe performance based marketing has a bright future. For anyone involved in advertising it is very attractive to pay per sale, per […]