How have affiliate partnerships evolved beyond traditional tactics like discounts and cashback for brands?
In the last few years, affiliate marketing has become an incredibly sophisticated and effective advertising channel. In 2021 alone, it generated more than $70bn in sales revenue for US advertisers. And an increasing amount of that value is being created by innovative partners that do so much more than just offer discounts or cashback to shoppers.
But while affiliate marketing offers several benefits such as cost-effectiveness, increased brand awareness and wider reach, there are still brands that are hesitant to enter the channel. One of the major challenges of affiliate marketing is that legacy perception of it being seen as a ‘low-hanging fruit’ discount and cashback tactic, thereby inhibiting some retailers from participating. And for those that are using affiliate marketing, finding the right partners to promote their brand and generate quality leads or sales is not a straightforward process. Additionally, managing a large network of affiliates and monitoring their performance can be both time-consuming and complex.
Join Awin, the fastest-growing affiliate marketing platform in North America, and a select group of industry peers in this exclusive, virtual roundtable event with Meet the Boss to find out how to overcome your challenges and leverage affiliate marketing to drive growth and success for your business.
Event host
Alexandra Forsch
About Awin
Awin is a marketing technology platform, providing an open marketplace for businesses to create any type of acquisition partnership. Its 270,000+ active partners operating across a million-plus websites -including traditional affiliates, global mass media houses, trusted micro-influencers and innovative fintech businesses –enable advertisers to generate more sales, expand customer reach and strengthen their brand. Retailers that migrate to Awin from competitor platforms experience triple-digit affiliate program growth and a 63% uplift in revenue. In addition to leading the way with its reach, Awin’s award-winning technology and tools -including first-party tracking, multi-channel attribution and in-app tracking -ensure a program tracks all sales, making it optimally attractive for partners to want to promote.
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