1 Foundation of Affiliate Marketing 2 Turning Advocates into Marketers 3 Affiliate Marketing for SaaS Today we will cover 4 Measuring Your Performance Foundation of Affiliate Marketing Can be thought of as outsourced marketing What is Affiliate Marketing? How it Works Affiliate is assigned a tracking URL Affiliate markets your company Customers or leads are acquired Affiliate receives a commission Affiliate uses a tracking code Installs a tracking URL on their website or ad Affiliate markets your company Customers or leads are acquired Visitor purchases product or signs up Affiliate receives a commission Affiliates vs Referrals Referral programs are for customers Anyone can be an affiliate Advantages • Pay only for results • Can be more cost effective • Affiliates may be better at creating copy & reaching segments • You know your cost per acquisition • You almost never lose money 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. Turning Advocates into Marketers Finding Good Affiliates The ones passionate about your product may be the best affiliates. HasOffers Creating an Offer for Affiliates View Pending Affiliates Implications for SaaS Begin After Product/Market Fit Should be done when you’re at a steady state Price point Affiliates need a high price point Be Sure Your Site Converts Affiliates want to work with websites that convert Figure out affiliate pay Are affiliates paid one time or recurring?