Does Your Affiliate Program Have the Juice?

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We will review programs randomly or by suggestions to identify strengths and weaknesses. Merchants will learn what affiliates are looking for and affiliates will learn how to find the right merchants.Experience level: BeginnerTarget audience: Affiliates/PublishersNiche/vertical: Merchant ReviewsGreg Hoffman, President, Greg Hoffman Consulting (Twitter @akagorilla) (Moderator)Jeremy Palmer, President, Quit Your Day Job (Twitter @jeremypalmer)Wade Tonkin, Affiliate Manager, Fanatics LLC (Twitter @affile8warrior)

Transcript of Does Your Affiliate Program Have the Juice?

January 10, 2012

Does Your Affiliate Program Have the Juice?Greg Hoffman @akagorilla, Jeremy Palmer @jeremypalmer, Wade Tonkin @affile8warrior

Jan 10, 2012

Juicing Up12 Point Checklist to Grade Your Affiliate Program

1. Commission

Is your payout competitive?

Do you offer performance incentives?

Are the performance tiers published?

Are they attainable?

Do you have a commission-tier to motivate your top and up & coming affiliates?

Category You Comp 1 Comp 2

Payout $ or % $ or % $ or %

Performance

IncentivesY or N Y or N Y or N

Performance

Incentives for the Entire

Spectrum

Y or N Y or N Y or N

2. Conversion Rate/EPC

How does your EPC stack up against competitors in your niche?

What can be done to increase your conversion rate?

Category You Comp 1 Comp 2

EPC $ $ $

Ideas for increasing conversion

s

Describe effective

conversion tactics of Comp 1

Describe effective

conversion tactics of Comp 2

3. Checkout Process

Do you offer deep links to your affiliates (e.g. direct product detail pages - with checkout buttons)?

Is your checkout process clean and clear?

How many steps from “Add to Cart” to Paid?

Category You Comp 1 Comp 2

Deep Links Y or N Y or N Y or N

Steps from Add to Cart

to Paid# of steps # of steps # of steps

Shopping Cart Leaks

Describe Describe Describe

4. Reversal Rate

What is your reversal rate?

How does it stack up against your competitors?

What can you do to decrease your reversal rate?

Category You Comp 1 Comp 2

Reversal Rate

% % or

unknown% or

unknown

Ideas to decrease reversals

Describe

5. Phone Numbers

Is your phone number listed on your website?

Is the phone number prominent?

Do you offer tracking for phone calls?

Category You Comp 1 Comp 2

Phone Number

Y or N Y or N Y or N

Phone Tracking

for Affiliates

Y or N Y or N Y or N

If no tracking, is the number prominent?

Y or N Y or N Y or N

6. Trademarks

Do you have a trademark policy?

Is it clear, fair, reasonable, and enforced?

How does it compare to your competitors?

Category You Comp 1 Comp 2

Trademark Policy?

Y or N Y or N Y or N

Clear, fair, reasonable,

and enforced?

Y or N Y or N Y or N

7. Cookies

How long do your cookies last?

How does your cookie policy compare to your competitors?

Are all revenue-generating activities tracked, so affiliates get attribution for points and assists?

Do you aggressively monitor and protect your program from cookie stuffing, spyware, etc.?

Category You Comp 1 Comp 2

Cookie Duration

# of days # of days # of days

All Revenue Activities Tracked

Y or N Y or N Y or N

Cookies monitored

and protected

Y or N Y or N Y or N

8. Average Order Size

What’s your average order size?

How does it compare to your competitors?

What can you do to improve your average order size?

Category You Comp 1 Comp 2

Average Order Size

$ $ $

How to Improve

Describe

What does Comp 1 do to increase order size

(e.g. upsells,

etc.)

What does Comp 2 do to increase order size

(e.g. upsells,

etc.)

9. Promotional Material

What kinds of promotional material do you offer your affiliates?

How does it compare to your competition?

Have you tested the collateral in other channels to ensure it converts?

Category You Comp 1 Comp 2

IAB Core Standard Ad Units?

Y or N Y or N Y or N

Tested in Other

Channels?Y or N

List good creatives

from Comp 1

List good creatives

from Comp 2

10. Payments

How often do you pay your affiliates?

Do you offer quick and convenient payments (e.g. direct deposit, network, etc.)?

How does your payment policy compare to your competition?

Category You Comp 1 Comp 2

Payment frequency

# of days # of days # of days

Direct deposit

Y or N Y or N Y or N

Payment delays (e.g. extensions,

etc.)

Y or N Y or N Y or N

11. Tracking

Do you use industry-standard tracking (e.g. real time pixel)?

How much latency between the sale and the commission being reported?

How does your tracking stack up against your competitors?

Category You Comp 1 Comp 2

Real-time pixel

tracking and

reporting

Y or N Y or N Y or N

Latency# of Hours

or# of Days

# of Hoursor

# of Days

# of Hoursor

# of Days

12. Affiliate Support

What communication channels do you have open for affiliates?

Do you offer phone, direct email, and chat?

How does your affiliate support compare to your competition?

Category You Comp 1 Comp 2

Channels (circle each

available option)

PhoneEmailChat

PhoneEmailChat

PhoneEmailChat

Availability

Days of Week

Hours of Day

Days of Week

Hours of Day

Days of Week

Hours of Day

Site Reviews

The Judges

The AffiliateJeremy Palmer

The Affiliate ManagerWade Tonkin

The OPMGreg Hoffman

Questions? Contact the Panel

Greg Hoffman, Greg Hoffman Consulting | @akagorilla

Jeremy Palmer, QuitYourDayJob.com | @jeremypalmer

Wade Tonkin, Fanatics.com | @affile8warrior