Becky Doles, Author at TUNE https://www.tune.com/blog/author/becky/ Performance Marketing Platform Thu, 12 Dec 2024 22:10:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 Affiliate Rockstar: Kamile Kaselyte https://www.tune.com/blog/affiliate-rockstar-kamile-kaselyte/ Wed, 04 Dec 2024 12:00:00 +0000 https://www.tune.com/?p=74837 Read More]]> Affiliate Rockstar Kamile Kaselyte
Affiliate Rockstar Kamile Kaselyte

Introducing Kamile Kaselyte

Kamile Kaselyte is an Affiliate Account Director at Nord Security, a leading cybersecurity company valued at $3 billion, and is best known for launching cybersecurity products such as NordVPN and NordPass.

Kamile is a seasoned digital marketer, with over 10 years of experience in digital marketing and a strong entrepreneurial background. With a solid expertise in affiliate marketing, Kamile’s career has been defined by her strategic prowess and innovative approach to establishing successful organic partnerships with media publishers.

Now please help us welcome to the stage our main event, Kamile Kaselyte!

Rockstar Q&A with Kamile

What are your day-to-day duties?
As an Affiliate Account Director for new products at Nord Security, my primary focus is on building new affiliate partnerships and nurturing the already existing ones with our key accounts. My role also involves frequent monitoring of our results, helping the team set up initiatives related to new products, as well as bridging the gap between product and affiliate teams.

What’s the best thing you learned at the last conference you attended?
Networking can occur not only during scheduled meetings, but also in between them, during panel discussions or happy hours. I have learned that some publishers can be met or approached directly after their panels — sometimes a quick five-minute conversation can turn into a fruitful long-term affiliate partnership. That’s precisely what happened during one conference I attended this year, which was PI Live in Miami.

What are your most important KPIs?
At the end of the day, affiliate marketing is about making sure that key metrics, such as billings, ROAS, CR, and AOV stay at the desired levels. However, it’s needless to say that none of this is possible without nurturing transparent, long-lasting partnerships that create value for both parties. Besides that, for me it’s always important to see our products represented meaningfully and accurately.

What have you done in the last 6-12 months to improve your affiliate efforts?
I think that a lot has been done, but what really made an impact was looking beyond the scope of what fits into our target affiliate description — expanding our affiliate base by widening the type of partnerships that we make. Additionally, assessing the focus areas every quarter helped a lot since the landscape is constantly changing and it may be the case that SERP results have shifted, and hence, our focus affiliates.

“Affiliate” or “partner” and why?
Perhaps it’s subjective, but I’d classify “affiliates” as any partners that work purely on an affiliate basis and “partners” as those who would fall under the scope of more traditional partnerships (when affiliate links are used, but the nature of partnership is larger and can involve more teams and objectives).

What’s the next big thing in affiliate marketing?
I think that the next big thing in affiliate marketing is about being able to manage the emerging technology in the right ways.

AI and machine learning can be helpful in many ways, for example, by providing personalized recommendations and, thus, increasing CR. However, if overused, especially in terms of AI-enhanced or generated content — publishers can be drastically penalized by Google and, therefore, lose their positions in SERPs. For brands, relying too much on automatic fraud detection or using predictive analytics to optimize campaigns can harm results, if human oversight is drastically reduced.

So, for me the next big thing in affiliate marketing is about embracing these new technologies, while ensuring effective and balanced human-AI collaboration.

What is the biggest mistake you’ve made in affiliate marketing?
It may have been the times when I really pushed on a partnership that I believed in without noticing the signs that the other party won’t put in the required amount of work into the project. It’s always important to focus your time, energy, and other resources into partnerships where both parties are ready to be invested.

What’s your ideal partner mix?
Usually, a diverse affiliate program is best, in which you can find strong organic publishers, comparison affiliates, coupon and deal sites, affiliate networks, loyalty and reward sites, and many more. Ideally, all these categories diversify the affiliate program, avoiding the risk of relying on a single type of publishers.

What are 2-3 trends you are seeing in the industry?
More and more publishers are starting to work on and appreciate performance-based partnerships. Commissions are based on actual sales and performance as opposed to flat fees, which is a great shift in the industry. I see this approach as more sustainable and long-term in affiliate marketing. Also, attribution models are getting more sophisticated since there is a much more accurate cross-device tracking. Besides that, there’s a trend for social commerce — more and more publishers are able to integrate shoppable content across their sites, which could be a part of affiliate partnership.

What’s your top tip when it comes to negotiating affiliate deals with partners?
Closing a great affiliate means understanding your metrics and market rates well. Then, it’s important to ensure that clear objectives for the campaign and partnership are defined whilst agreeing on a commission structure that makes sense for both parties. Of course, there is so much more to it, but I’d say that reading your email with the final offer two or three times before sending out or leaving it for a day to rest — can really give you a fresh perspective and a more comprehensive understanding of the negotiation and partnership in general.

How do you think your strategy differs than other verticals?
Each vertical may have similar KPIs, but different ways and strategies to achieve them. In affiliate marketing, a certain niche in which the company operates already defines the best converting type of content. For some brands, it may be review sites, whilst for others, coupon and cash back sites. In short, the audience behavior sets the direction where affiliate marketing efforts should be focused.

Think you have what it takes to be an Affiliate Rockstar? Submit your application here.

Kamile Kaselyte, Affiliate Account Director at Nord Security

Kamile Kaselyte

Affiliate Account Director at NordVPN

]]>
Cost Efficiency Strategies for Financial Affiliate Programs https://www.tune.com/blog/cost-efficiency-strategies-for-financial-affiliate-programs/ Fri, 22 Nov 2024 14:00:00 +0000 https://www.tune.com/?p=74808 Read More]]> Cost Efficiency Strategies for Financial Affiliate Programs
Cost Efficiency Strategies for Financial Affiliate Programs
Photo by PiggyBank on Unsplash

Introduction

For banks, insurance companies, loan providers, personal finance publishers, and other financial services brands, affiliate marketing has proven to be a valuable channel for generating leads and acquiring new customers. However, the cost of working through traditional affiliate networks can be a significant burden, as high network fees and hidden service charges eat into profit margins. Fortunately, by eliminating the middleman and managing affiliate partnerships directly, financial brands can both reduce costs and improve ROI.

In this post, we’ll explore strategies for cutting out unnecessary costs in financial affiliate programs. We’ll cover the advantages of taking a direct approach and actionable tips for managing partnerships, plus look at a few case studies from financial brands that have used these strategies to succeed.

Why Traditional Affiliate Networks are Costly for Financial Brands

High Network Fees and Service Charges

Traditional affiliate marketing networks serve as intermediaries between companies and their affiliates, facilitating relationships and managing payments. While these platforms simplify the process of running an affiliate program, they come at a high cost. Financial services companies like banks often find themselves paying hefty commission fees, typically ranging between 20% to 40%, on top of monthly service charges.

For industries with tight margins, such as personal finance or loan providers, these fees can significantly impact profitability. When you add in one-time setup costs and potential overage charges, the true cost of traditional affiliate networks becomes clear.

Lack of Control and Customization

Another downside to working through affiliate networks is the limited control over how your brand is represented. Since networks usually offer generic promotional templates and materials, it’s difficult for financial brands to create personalized, high-impact campaigns. The network interface itself is also restricted to the design and user experience set by the network, making it hard to stand out in a sea of competitors. This can lead to missed opportunities for matching with the right partners and optimizing messaging to capture the attention of a more targeted audience.

By managing affiliate partnerships directly, financial services brands gain greater control over every aspect of their affiliate marketing strategy — from the selection of affiliates, to the terms and conditions of contracts, to the creation of custom marketing materials tailored to specific customer segments.

The Benefits of Eliminating Middlemen in Financial Affiliate Programs

Increased ROI through Direct Affiliate Relationships

Cutting out middlemen offers immediate cost savings, but that’s just the start. Financial brands that manage their own affiliate programs can negotiate commission rates directly with affiliates, leading to more favorable terms. Without the network’s cut, companies have more flexibility to reward affiliates based on performance, which fosters better long-term relationships and incentivizes high-quality lead generation.

Additionally, direct relationships enable financial brands to monitor performance metrics more closely and optimize in real-time. This level of transparency can help businesses make smarter marketing decisions, improve conversion rates, and ultimately drive higher ROI.

Greater Flexibility in Commission Structures

When working with a traditional affiliate network, financial brands are often locked into a standard commission structure. By managing affiliate programs internally, you gain the flexibility to tailor commission rates to specific products or customer segments. For example, a bank could offer higher commissions for affiliates who successfully refer new credit card customers, while offering a different rate for mortgage leads.

This flexibility allows you to align your affiliate compensation with your broader business goals, ensuring that you’re maximizing the return on every dollar spent.

Customization of Campaigns and Messaging

Direct partnerships with affiliates also give financial brands the opportunity to develop custom campaigns that resonate with their target audiences. Instead of relying on the standard, cookie-cutter templates provided by networks, you can create tailored marketing materials that speak directly to potential customers. This is particularly valuable in industries like personal finance, insurance, and banking apps, where trust and credibility are critical to conversion.

Banks, for instance, might develop content specifically designed to highlight their commitment to security and data protection, while insurance companies could emphasize cost savings and personalized coverage options.

How to Reduce Costs in Financial Affiliate Programs

Eliminating middlemen and managing affiliate programs in-house might seem like a daunting task, but with the right approach, it can be both cost-effective and efficient. Below are some practical steps to get started.

1. Invest in Affiliate Tracking Software

Financial brands can leverage affiliate tracking platforms like TUNE, which provide the tools needed to track affiliate performance, manage payments, and automate workflows. These platforms are more affordable in the long run when compared to the total cost associated with large affiliate networks, and they give you the control you need to run a successful program.

2. Vet Affiliates Carefully

Take the time to identify partners who are truly aligned with your brand’s values and target audience. Focus on affiliates with established authority in the finance space, such as personal finance bloggers, financial influencers, or comparison websites for loans and insurance.

Look for affiliates who have a proven track record of generating high-quality leads, rather than relying on volume-driven, low-conversion tactics.

3. Offer Performance-Based Incentives

Rather than sticking to a flat commission model, consider offering tiered rewards based on performance. For example, offer higher commissions for affiliates who consistently bring in high-converting leads or premium customers. This approach encourages affiliates to focus on quality rather than just quantity.

4. Prioritize Transparent Reporting

Ensure that your affiliate partners have access to transparent, real-time reporting on their performance. By providing regular feedback and insights, you can build a stronger relationship with your affiliates and encourage ongoing optimization of their promotional efforts.

5. Create Custom Marketing Materials

Collaborate with your affiliates to create custom marketing materials tailored to your audience. Whether it’s exclusive financial guides, loan calculators, or email templates, offering unique content helps affiliates promote your services more effectively. In turn, this leads to higher conversion rates and lower customer acquisition costs.

Financial Services Case Studies

Financial services companies of all sizes and specialties have found success with affiliate marketing and TUNE. Here are just a few examples of how different companies achieved their goals using the strategies outlined above:

Conclusion

Insurance companies, banks, loan providers, personal finance apps, and other brands can significantly reduce the costs of financial affiliate programs by managing partnerships directly and eliminating unnecessary middlemen. Not only does this lead to lower fees, but it also provides greater control over campaigns, the flexibility to customize commission structures, and the ability to foster long-term relationships with top-performing affiliates.


Playbook for Affiliate Marketing for Financial Services

To learn more about performance-based advertising, download TUNE’s Ultimate Guide to Partner Marketing, over 50 pages of everything you need to know to run a successful program. Don’t forget to download the supplement made specifically for financial services companies, which walks through common affiliate marketing pain points and their solutions here.

When you’re ready to get started with the best platform for financial services affiliate marketing, request a demo of TUNE.

]]>
[Webinar] What Is Influencer-Affiliate Marketing? https://www.tune.com/blog/webinar-what-is-influencer-affiliate-marketing/ Mon, 04 Nov 2024 17:00:00 +0000 https://www.tune.com/?p=74636 Read More]]> TUNE ZeroTo1 On-Demand Webinar - Influencer-Affiliate Blueprint
TUNE ZeroTo1 On-Demand Webinar - Influencer-Affiliate Blueprint

Creators have become an ace up the sleeve of brands aiming to connect with their audiences and build communities of customer advocates. As traditional advertising channels become saturated, the mutually beneficial relationship between advertisers and creators offers a way to provide consumers with the content they want backed by the products and services that fit their lifestyle needs.

The Influencer-Affiliate Blueprint e-book cover

That’s why we teamed up with growth agency ZeroTo1 to create the Influencer-Affiliate Blueprint, an e-book designed to help brands understand the power of the influencer-affiliate movement and harness its potential in their partner programs. In addition to covering key chapters in a blog series, we co-hosted a LinkedIn Live session to introduce the e-book’s core concepts. That session is now available on YouTube: What Is Influencer-Affiliate Marketing?

If you’re new to affiliate or influencer marketing, we suggest starting with the video — it’ll give you an idea of what influencer-affiliate is all about and whether it’s the right strategy for your business. Below, we’ve laid out a few of the highlights you’ll hear in the session.

The Value of Using Creators and Influencers

Creators and influencers hold a unique position in the digital ecosystem. They have built trust and credibility with their audiences, and their endorsements carry weight far beyond traditional advertisements. Here are a few key benefits of incorporating influencers into your marketing strategy:

  1. Authenticity and Trust: Influencers offer a sense of authenticity that resonates with consumers. Their content is perceived as genuine, making their recommendations more trustworthy.
  2. Targeted Reach: Influencers have niche followings, allowing brands to target specific demographics with precision.
  3. Engagement: Influencer content tends to have higher engagement rates compared to traditional ads. Their followers are active and invested in their content.
  4. Cost-Effectiveness: Compared to traditional advertising channels, influencer marketing can offer a higher return on investment, especially when leveraging performance-based models.

The Benefits of a Performance Marketing Model

Performance marketing, where advertisers pay for specific actions such as clicks, leads, or sales, aligns perfectly with influencer marketing. Here’s why:

  1. Measurable Results: Performance marketing is inherently data-driven. Brands can track exactly how much they are spending and what they are getting in return.
  2. Risk Mitigation: Since payments are based on actual performance, brands minimize the risk of spending money on campaigns that do not yield results.
  3. Scalability: Successful strategies can be scaled up, and less effective ones can be adjusted or discontinued without significant losses.
  4. Alignment of Interests: Both brands and influencers are motivated to create effective campaigns since compensation is tied to performance.

Getting Started with Affiliate Marketing

Affiliate marketing is an effective entry point for brands looking to leverage performance marketing. Here’s a step-by-step guide to get started:

  1. Identify Your Niche: Understand your market and identify the audience you want to target. Research the types of products or services that resonate with them.
  2. Select the Right Affiliates: Look for affiliates (influencers, content creators, bloggers, streamers, etc.) who align with your brand values and have an engaged audience.
  3. Choose a Platform: To manage your affiliate marketing efforts effectively, you need a reliable platform to track conversions, manage campaigns and partners, and pay commissions. (This is where TUNE comes into play.)
  4. Create Compelling Offers: Develop attractive offers that will entice affiliates to promote your products. This could be in the form of commissions, exclusive deals, or bonuses.
  5. Track and Optimize: Use your affiliate marketing platform to track performance. Analyze data to understand what’s working and continuously optimize your strategies.

How TUNE Helps You Do It

We’re a little biased when it comes to choosing the right technology for affiliate marketing, but that’s only because our tech is as good as we say it is. TUNE offers accurate cookieless tracking, granular analytics tools, customizable and scalable solutions, and a user-friendly interface that simplifies the complexities of affiliate marketing. Go ahead, do the research — and make sure to get a demo of TUNE and any other platforms you’re considering, so you can verify which platform actually delivers on what it promises.

Watch the Influencer-Affiliate Blueprint On Demand

If all of this sounds like something you want to know more about, watch the webinar here: What Is Influencer-Affiliate Marketing?, then download your copy of the Influencer-Affiliate Blueprint.

Questions about the TUNE platform or partner marketing? Get in touch with us at sales@tune.com.

]]>
Influencer-Affiliate Blueprint, Part 3: How to Recruit Influencers and Creators https://www.tune.com/blog/influencer-affiliate-blueprint-part-3-how-to-recruit-influencers-creators-for-affiliate-program/ Tue, 08 Oct 2024 14:00:00 +0000 https://www.tune.com/?p=74820 Read More]]> Influencer-Affiliate Blueprint, Part 3: How to Find Creators and Influencers for Your Program
Influencer-Affiliate Blueprint, Part 3: How to Find Creators and Influencers for Your Program

Welcome back to the Influencer-Affiliate Blueprint series! In the first two parts of our journey, we explored the foundations of building high-ROI creator communities and understanding the nuances of influencer affiliate programs. Now, it’s time to delve into the art of recruiting social media influencers and content creators to supercharge your affiliate program. Keep reading to learn how to recruit influencers and creators like a boss!

Understanding the Landscape

Before diving into tactics, let’s grasp the diverse landscape of influencers and creators:

  1. Macro vs. Micro-Influencers: Macro-influencers boast large follower counts, while micro-influencers have smaller, more engaged audiences. Both have their advantages, depending on your campaign goals.
  2. Niche Experts: These influencers focus on specific topics or industries, often commanding deep trust and authority within their communities.
  3. Content Creators: These individuals excel in crafting compelling content across various formats, including blogs, videos, podcasts, and social media posts.

Platforms of Influence

The digital sphere offers numerous platforms for influencers and creators to showcase their talents. Here are some of the most popular:

  1. Instagram: Ideal for visually-driven content, Instagram is a hotspot for fashion, beauty, lifestyle, and food influencers.
  2. YouTube: The go-to platform for video content, YouTube hosts a wide array of creators covering topics ranging from tutorials and reviews to vlogs and entertainment.
  3. TikTok: With its explosive growth, TikTok has become a powerhouse for short-form video content, appealing to younger demographics and fostering viral trends.
  4. Twitter: Known for real-time conversations, Twitter is favored by influencers for its ability to spark discussions and share quick updates.
  5. Blogs: Despite the rise of visual platforms, blogs remain relevant for long-form content and niche expertise, attracting dedicated audiences.

How to Recruit Influencers and Creators

There are a few different ways to tap influencers. Let’s break it down into the following:

  • Curated (Outbound)
  • Paid (Outbound)
  • Earned (Inbound)
  • Tech-Enabled (Inbound)
  • Tools and Partners

We’ll go into details for each of these below.

Outbound Recruitment Methods

Curated Recruitment

Curation is the good old-fashioned approach to list-building. This organic approach is really important when you’re in an alpha or beta version of your program’s build-out. 

Even though this approach requires manual effort, we recommend keeping this in the mix early on. It’s essential for program efficiency and speed to profitability. It’s also important to test a lot of different influencer segments and channels. See what segments work and what segments don’t, then worry about scale and how to execute that scale with your winning segments. This way, you’re not blowing your program budget on paid recruitment tactics, PR, or additional technology only to power up a bunch of influencer segments that don’t work. 

Key Benchmark: Your reply and opt-in rates on cold outbound recruitment are a great indicator of program interest in your pitch. Strong programs clock opt-in rates ranging from 25% to 40%. 

There are plenty of ways to aggregate these cold outbound lists once you’re armed with your segment criteria. Most of the social media channels have started building their own directories of verified creators (TikTok Creator Marketplace, Pinterest for Creators, Facebook for Creators). Additionally, if you have the budget, you can tap any of the creator marketplaces and influencer management tools that are out there. Depending on the platform, you’ll be able to utilize its creator index, social listening tools, and/or done-for-you list-building products. 

Important Note: We recommend carefully considering your cold outbound strategy. As with any outbound campaign, sending mass amounts of email from a single address can create issues for your account, and potentially flag the domain. We recommend a dedicated domain (e.g., www.mybrandcreators.com) with various send-from email addresses that can be warmed up over the first few test cycles as your messaging is dialed in.

In addition to native curation tools, many platforms will also offer CPL/CPA-based recruitment support. Pricing varies widely, but it’s a good thing to keep in mind as you’re signing a software contract. You may be able to negotiate that recruitment rate depending on the length and size of the contract. Third-party recruitment support can be super helpful if you’re working with a small program management team.

In addition to your software partners, you can also use paid strategies to purchase verified lists and tap segment-specific networks. Or, you can put some budget towards building your own program marketing ad creative. This is one of our favorite tactics once you have some momentum behind the program and a handful of successful influencer affiliates that are open to providing testimonial content that can fuel ads for the program itself. Social proof is a tremendously powerful recruitment technique, and we love to use it right at the top of the funnel.

Inbound Recruitment Methods

Earned Interest

Earned interest can result from both organic and paid effort. Once a program has been dialed in, we see a lot of success with a coordinated PR effort. The creator economy continues to be a hot topic, and major brands have launched these influencer affiliate communities with abundant fanfare. 

We caution that this approach can generate a huge spike in inbound interest. If your team isn’t prepared, these are wasted dollars. Once influencers churn, they’re exponentially more difficult and expensive to win back.

With that said, once an influencer affiliate program is humming, managers can expect an uptick in inbound interest. Influencer communities are very collaborative, and word spreads quickly around well-managed programs — and around poorly managed programs. When creators see their category’s top influencers and their peers utilizing a brand toolkit, they’re apt to hop on board!

Tech-Enabled Recruiting

This recruitment strategy involves investing in additional technology and a willingness to hook these influencer affiliate programs into your brand’s central customer journeys. We’re starting to see e-commerce brands of all sizes include a program sign-up offer in their post-purchase flow with tremendous success. 

How does this work?

  • The brand includes a simple pop-up that introduces the affiliate program and invites customers to submit their social media information in exchange for a discount. These pop-ups can be introduced after a first purchase, upon return to the site, or at the point of sale.
  • The integration generates a list of potential influencers who are also, most importantly, your customers first. 
  • On the back end, program managers build a segmentation strategy or leverage technology like Gatsby.ai to filter these inbound social media handles by follower count, verification status, location, channel, etc. 
  • Once everything is in order, you can create a system of rules and onboarding flows that automatically funnel your customers into the program with tiered logic. Customers with verification marks or massive social media followings follow one path with personalized communications and generous offers; meanwhile, other customers can follow another set of paths that are tailored to their degree of influence. You can also create a flow that gracefully exits customers who aren’t a fit for your brand at this time.

The beauty of this strategy is that it automatically scales as sales grow. As more and more influencer affiliates are onboarded, more sales are generated, and an entirely new crop of potential affiliates hit the system. 

Tools and Partners

Finally, tools like Publisher Discovery and partners like those available in the TUNE Marketplace can help brands of all sizes find the right influencer affiliates for their programs. Some helpful partners and tools:

How to Engage Influencers After You Recruit Them

No matter how good of a communicator you think you are, it’s smart to spend time testing recruitment and messaging strategies. The key paths to consider during recruitment are program qualification, program onboarding, and program decline. 

Program Qualification

With program qualification, you’re going to be focused on dialing in your pitch and tailoring it to your influencer segments. We recommend taking small segments and A/B testing subject lines, core copy, and follow-up sequences. Optimize these communications over the course of your first few months and then go wider with the winning segments and their winning communications. 

Other tactics during program qualification may include invite-only webinar events, one-to-one discovery calls, and a content drip that includes social proof, case studies, and program success narratives. 

Program Onboarding

The same test and learn strategy goes for your program onboarding flow. You’ll want to hit new sign-ups with a very simple welcome that includes an easy to digest onboarding checklist. We also recommend building a video-driven welcome series that helps orient new influencers. In both cases, approach your creative with an MVP (minimum viable product) mindset, and then expand and refine it as you start fielding real-time questions. 

A variety of issues you didn’t anticipate will arise during your alpha and beta launch phases. As you go, make sure you leave yourself some time and flexibility to figure out the resources and processes needed to address these issues. Until your influencer affiliate program is a well-oiled machine, the approach should remain agile.

Finally, don’t forget to take time to understand the why behind the “no.” When an influencer declines program participation, it’s important to try to understand why. A couple ways to do this are with a simple, personally directed follow-up question, or an incentivized exit survey that thanks them for their time. Gathering data on why someone decided not to join can help guide your outreach to future partners. 

Get Started with Influencers and Creators

Recruiting social media influencers and content creators for your affiliate program is a strategic endeavor that requires careful planning and execution. As you think about recruitment, you’ll want to build A/B testing strategies for your communications that address cold outbound recruitment and qualification stages, the onboarding stage, and an exit stage. Start small. Test over two-week sprints. Optimize. And expand! 

To learn more strategies for recruiting today’s top content creators and influencers, download the Influencer-Affiliate Blueprint: Building High-ROI Creator Communities or watch our on-demand webinar.

Check back soon for Part 4 of our series!


Need a tool to measure your influencer-affiliate programs? The TUNE platform is your go-to solution for flexible, affordable partner management and tracking tools. With in-platform payments, creative asset management, campaign automation, and more, it’s your one-stop shop for performance-based influencer marketing. Request your demo today.

]]>
How to Use Three AI Tools for Influencer Marketing https://www.tune.com/blog/how-to-use-three-ai-tools-for-influencer-marketing/ https://www.tune.com/blog/how-to-use-three-ai-tools-for-influencer-marketing/#respond Fri, 23 Aug 2024 17:15:49 +0000 https://www.tune.com/?p=74727 Read More]]> How to Use AI in Influencer Marketing
How to Use AI in Influencer Marketing
Photo by Igor Omilaev on Unsplash

There’s no denying it: artificial intelligence is here to stay. And it’s disrupting almost every area of marketing you could think of, including the world of influencer marketing. As social media platforms and trends shift, the content creation process shifts with them. This change is nudging digital marketers to investigate AI-powered tools like ChatGPT, Claude, and Midjourney to expedite and optimize their daily tasks. We’ve been investigating ourselves, with mixed results — so if you’re determined to add AI to your influencer marketing strategy, just know it’s not a plug-and-play solution. It takes time, testing, and a clear idea of the relevant tactics and desired outcomes to succeed.

Sound good? Great! Let’s dive in.

How to Use ChatGPT, Midjourney, and Claude for Influencer Marketing

AI is on the rise across the board. Influencer marketing is no exception:

  • According to a recent report by Influencer Marketing Hub, 63% of marketers plan to increase their influencer marketing budget in the next year, with AI tools being a key area of investment.
  • In the same report, respondents identified three main uses for AI in influencer marketing: influencer identification (64%), content discovery and distribution (13.3%), and fraud identification (5.6%).

Here are a few ways that you use AI tools in your influencer marketing today.

Use ChatGPT to Identify Influencers

Identifying the right influencers to partner with is a critical component of any successful influencer marketing campaign. ChatGPT, developed by OpenAI, is a powerful language model that can assist in various aspects of partner discovery and recruitment for influencer marketing. Because it has access to the internet (unlike some AI models), ChatGPT can search relevant sites and social media platforms for you, saving hours in your search for the right partners.

Try using ChatGPT and similar AI-powered tools to search the internet for influencers who fit your ideal profile. Provide your marketing guidelines or website, then ask to identify the influencers that align with your brand’s values, target audience, and marketing objectives. You can also ask ChatGPT analyze large datasets of social media activity, content performance, and audience demographics. Or ask it how best to ask it to find influencers; starting with the right prompt is key, so why not prompt it to provide the right prompt? The options are only as limited as your creativity!

Keep in mind that any data you give to ChatGPT could be shared with OpenAI or others. If you routinely work with sensitive data, consider using the paid version or a different model.

Use Midjourney to Generate Content and Ideas

Influencer marketing is not just about finding the right partners; it’s also about creating engaging, high-quality content that resonates with their followers. AI tools like Midjourney, an image generator, can be used to generate and iterate stunning visuals, while ChatGPT and Claude can help craft captions, scripts, and even entire content strategies.

A few examples of how AI can help in the content process:

  • Design Inspiration: Prompt Midjourney with the subject, tone, look, and feel you’re going for in a campaign and let it brainstorm visual directions for you.
  • Asset Creation: Generate graphics, banners, and other assets that influencers can use in their content. (Watch out, though: AI tools are still getting the hang of letters, and they often can’t spell worth a lick. Check your images for any text that’s generated, or create images without text and add it in post. There’s nothing worse than an AI-generated ad that spells words wrong or includes letters that don’t exist.)
  • Scriptwriting: Use ChatGPT or Claude to generate scripts or script ideas for influencer videos and podcasts that resonate with a specified target audience.
  • Social Media Posts: Create on-brand captions and posts that influencers can use across their platforms.

By automating these creative tasks, you can free up your influencers to focus on what they do best: building authentic connections with their audience.

Use Claude to Analyze and Optimize Campaigns

Measuring the success of your influencer marketing efforts is crucial for making informed decisions and optimizing future campaigns. AI-powered analytics tools can provide in-depth insights into key performance indicators (KPIs) such as reach, engagement, conversions, and return on investment (ROI).

Claude, an AI model from Anthropic, is designed to assist in complex decision-making processes. Unlike ChatGPT, though, Claude is designed to be self-contained, which means it won’t access the internet when forming a response. You’ll have to provide it with any relevant data you want to analyze. Luckily, this is as easy as uploading documents or images directly in your chat.

If you have large datasets you want to analyze, Claude is your go-to tool. Here are a few ideas on how to get started:

  • Influencer Selection: Analyze engagement metrics, audience demographics, and content relevance to select the most effective influencers.
  • Performance Tracking: Monitor influencer content performance over time, identifying which messages, formats, or topics are driving the most engagement and conversions.
  • Sentiment Analysis: Claude can analyze audience sentiment towards influencer content, helping you refine your strategy for better results.

By leveraging these advanced data analysis capabilities, you can gain a deeper understanding of what’s working, what’s not, and how to fine-tune your approach for maximum impact.

How to Navigate the Ethics of AI in Influencer Marketing

Ensure Transparency and Authenticity

The rise of AI in influencer marketing has raised important questions about transparency and authenticity. As you explore these tools, it’s crucial to maintain clear communication with your influencer partners and their audiences about the use of AI in content creation or campaign management. Not everyone is on the AI train, and that’s OK. Transparency will help build trust and preserve the integrity of your influencer marketing efforts.

Address Bias and Fairness in AI-Driven Decisions

AI algorithms can sometimes perpetuate or amplify existing biases, which can have significant implications for your influencer selection and campaign management. It’s essential to actively monitor your AI-driven processes for potential biases, and to take steps to ensure that your influencer marketing strategies are fair, inclusive, and representative of your target audience.

Stay Informed About Evolving Regulations and Best Practices

The use of AI in influencer marketing — and digital marketing as a whole — is a rapidly evolving landscape. New regulations and best practices emerging regularly. As you incorporate AI into your strategies, stay informed about industry guidelines, legal requirements, and emerging ethical standards to maintain compliance and build trust with your stakeholders.

Your AI-Powered Future Is Waiting

In influencer marketing and so many other areas, AI can help you unlock new levels of efficiency, creativity, and performance. From identifying the right influencers to automating collaboration workflows and optimizing campaign strategies, the integration of AI-powered tools like ChatGPT, Midjourney, and Claude can help you deliver exceptional results. Just remember to prioritize transparency, fairness, and ethical best practices to maintain the trust and loyalty of your influencer partners and their audiences.

Successful influencer marketing is all about building genuine, long-lasting relationships. AI can assist in this process, but it can’t totally replace the human component. Focus on how you can use AI to enhance your relationships with influencers, not automate them, and you’ll go far.


Want more info on making the most out of your influencer marketing efforts? Download the Influencer-Affiliate Blueprint e-book, our in-depth guide on how to build high-ROI creator communities.

Influencer-Affiliate Blueprint

]]>
https://www.tune.com/blog/how-to-use-three-ai-tools-for-influencer-marketing/feed/ 0
Influencer-Affiliate Blueprint, Part 2: How Influencer Programs Differ from Affiliate Programs https://www.tune.com/blog/influencer-affiliate-blueprint-part-2-how-influencer-affiliate-programs-differ/ Tue, 21 May 2024 15:58:16 +0000 https://www.tune.com/?p=74537 Read More]]> influencer-affiliate blueprint part 2
influencer affiliate blueprint part 2

When social media influencers first stepped onto the scene, there were limited options for marketers to work with them. Sponsored posts, free products or services, and flat fees were the norm. Now influencers and creators are embracing performance-based advertising, opening a world of opportunities for themselves and the brands that partner with them. This doesn’t mean, however, that influencers and creators are the same as traditional affiliates. While both groups aim to drive conversions and boost brand visibility, they operate in fundamentally different ways and use distinct strategies to achieve their goals.

We’re covering the basics of influencer affiliate marketing in our new series, the Influencer-Affiliate Blueprint. For an introduction to the series and the e-book it’s based on, read Part 1 or watch our on-demand webinar.

In this post, we’re diving into the differences between the two groups and why influencer-affiliate programs are gaining momentum in today’s marketing landscape.


Download the Influencer-Affiliate Blueprint: Building High-ROI Creator Communities

The Influencer-Affiliate Blueprint e-book cover

How Do Affiliates and Publishers Differ from Influencers and Creators?

Traditional affiliates and publishers, rooted in the digital advertising ecosystem, have long relied on metrics like impressions, engagement rates, and clicks to measure success. In some cases, this focus on metrics can come at the expense of user experience. Navigating cluttered websites, wading through obviously AI-generated text, scrolling past pages of intrusive ads — it all harms the quality of users’ interactions with the content they’re looking for. When these less-than-ideal experiences add up, consumers can easily become frustrated, disinterested, and distrustful of the brands associated with them.

On the other hand, today’s influencer programs lean more toward authenticity and trustworthiness by leveraging the personal connection between social media creators and their dedicated followers. Brands that recognize the value of genuine engagement over sheer reach can foster deeper connections with audiences through relatable content and endorsements from trusted influencers. From this perspective, the affiliate industry’s leap to influencers makes sense, as it allows brands to create real connections and communities through their own ambassadors — without the corporate side of marketing getting in the way.

What Makes Influencer-Affiliate Programs Different?

Influencer-affiliate programs share the same pillars as traditional affiliate programs, but they require a different framework and fulfillment strategy. This is most evident in four areas of the program.

Program Strategy

Influencer programs come in all shapes and sizes. They can take a diverse range of approaches, categorized based on scope and the influencer’s degree of influence. From micro-influencers with niche audiences to macro-influencers commanding broader reach, brands have the flexibility to tailor their strategies to align with specific campaign objectives and target demographics. We’ve put together a graphic to illustrate this concept below:

Program Scope vs Influencer Following chart - the Influencer-Affiliate Blueprint e-book
Influencer-Affiliate Programs can look different based on the brand’s goals for program reach and influencer’s following.

Offers and Payments

Influencer programs also differ from traditional programs in their offers and payments. Unlike CPA (cost-per-action) offers, the bread and butter of affiliate programs, offers in influencer programs usually prioritize a tiered and blended approach. This means encompassing metrics beyond sales, such as views, likes, and shares. This multifaceted payment structure acknowledges the diverse contributions of influencers, incentivizing them to create compelling content that resonates with their audience while driving conversions.

The way you pay influencers and creators can also vary from the way traditional affiliates are paid. We go into this more in our e-book and on-demand webinar — you can watch a quick clip below.



Creative Production and Control

Creative is, hands down, the main differentiator between traditional affiliates and influencer affiliates.

Influencer-affiliate programs redefine creative production by moving beyond conventional banner ads and sponsored articles. Successful brands collaborate with influencers to craft authentic narratives and tell stories their audiences are interested to hear. This empowers creators as brand advocates rather than just another paid advertiser. This personalized approach nurtures brand loyalty and fosters deeper connections with consumers and communities.

For an example, check out ZeroTo1 (our e-book partner) and their Instacart case study here.

Tracking Technology

Influencer programs need specialized tracking technologies to effectively attribute conversions and measure campaign performance across channels. This is because the most popular social media platforms for creators are mobile-first, and the tracking works differently on mobile than on a desktop browser. For brands that are already running a traditional program, getting started with creator affiliates can be as simple as integrating an influencer toolkit. Adding dedicated influencer marketing tools to your existing tech stack will provide a holistic view of engagement metrics and ultimately allow you to run more effective, measurable campaigns.

How to Get Started with Influencer-Affiliate Marketing

The Influencer-Affiliate Blueprint e-book cover

As consumer preferences continue to evolve, influencer-affiliate programs offer a dynamic and adaptable approach to affiliate marketing. By prioritizing authenticity, fostering genuine connections, and embracing flexibility and creativity, brands can navigate the ever-changing digital landscape and forge lasting relationships with their target audience. Whether partnering with Instagram micro-influencers or the biggest names on TikTok, the key lies in building trust and telling stories to drive engagement and drive business results.

To learn more about the differences between creators and traditional affiliates, download the Influencer-Affiliate Blueprint: Building High-ROI Creator Communities.

Check back soon for Part 3!

]]>
Best Practices When Choosing an Affiliate Marketing Platform https://www.tune.com/blog/affiliate-marketing-platform-best-practices/ https://www.tune.com/blog/affiliate-marketing-platform-best-practices/#respond Tue, 21 May 2024 15:00:00 +0000 https://www.tune.com/?p=67813 Read More]]> Two doors represent choosing an affiliate marketing platform

Whether you’re a digital media buyer (i.e., advertiser) or seller (i.e., publisher), both depend on each other for a successful affiliate marketing program. Advertisers need real-time access and visibility into inventory. Publishers need to be able to show inventory as it becomes available, and provide insightful and accurate reporting. Without the right affiliate marketing platform to track, manage, and report on campaigns, the process becomes cumbersome at best — and can jeopardize thousands or millions of dollars at worst.

In this blog post, we recommend a few things to look for when searching for the right affiliate marketing platform for your business.

5 Things to Look for in an Affiliate Marketing Platform

1. Fully Customizable, White Label Technology

Every company has a different need, brand, industry, and process. As such, it’s important that you choose an affiliate marketing platform that you can customize to fit your company, instead of forcing your company to fit a certain affiliate marketing platform. At TUNE, our platform is white label ready and fully customizable. Whether you want to use our platform’s features and tools out of the box, or leverage our API to build your own on top of it, you can create the perfect platform for your business.

2. Best-In-Class Support

No matter which affiliate marketing platform you choose, there are some things you will need help with from time to time. That’s why it’s important to choose a platform with stellar customer support. The last thing you want to do is spend valuable time waiting on an answer while you could be optimizing your campaigns.

One of the best ways to identify an affiliate marketing platform that prioritizes customer service is whether customer satisfaction is a metric they track. TUNE has a 98% customer service satisfaction rating, and our onboarding team always gets high marks from new customers. We’re also continually looking for ways to get even better, asking our customers for feedback at every opportunity possible.

3. Real-Time Reporting and Campaign Optimization

New inventory becomes available every second of the day. For buyers, success depends on making more timely buys, and sellers need to be able to expose inventory quickly and easily. A top priority should be choosing an affiliate marketing platform that provides real-time data and optimization opportunities so you can make instantaneous decisions. The faster you’re able to optimize, the faster your revenue can scale.

Unlike our competitors, TUNE offers real real-time reporting and management capabilities, including A/B testing and landing space splits, so you can discover what performs best and make instant (or incremental) changes that add up to massive results. (Go ahead — ask any platform how they define “in real time,” and get specific numbers. You’ll see their “real-time” reporting is closer to “delayed by a few hours or a day” reporting.)

4. System Reliability

When assessing an affiliate marketing platform, ask for statistics about uptime. It’s critical as a seller to be able to provide timely and accurate data and analysis. In the fast-paced world of affiliate marketing, nothing can be more frustrating (or result in more lost revenue) than dealing with unnecessary downtime.

We’re proud to say TUNE can report 99.9% system uptime, having built our technical infrastructure to the highest standards in security and redundancy, so your platform will be ready for any situation.

5. All-In-One Functionality

It’s no secret the marketing technology landscape is only getting more complex, with more than 14,100 vendors in 2024. (That’s an increase of over 3,000 vendors from the year prior!) The last thing you want to do is sign up for a point solution and have to integrate with 10 more. That’s why we strongly advise looking for an all-in-one affiliate marketing platform that allows you to manage everything from mobile marketing campaigns to publisher relationships, conversion tracking, payouts, creative assets, lead generation, transactions, automation, and more.

Your Choice, Your Affiliate Marketing Platform

We’re proud of what we’ve created at TUNE, but don’t just take it from us. Read more about what our customers say or see their success stories.

Questions? Reach out to partnermarketing@tune.com to ask our experts, or download The Ultimate Guide to Partner Marketing to jump right in.

]]>
https://www.tune.com/blog/affiliate-marketing-platform-best-practices/feed/ 0
2024 Affiliate Marketing Trends: What’s Happening and What’s Ahead https://www.tune.com/blog/2024-affiliate-marketing-trends/ Thu, 07 Mar 2024 17:20:15 +0000 https://www.tune.com/?p=74415 Read More]]> 2024 Affiliate Marketing Trends
2024 Affiliate Marketing Trends Blog Post Graphic
Photo by Eyestetix Studio on Unsplash

Every day, something crazy and new happens in the world of affiliate marketing. But who has time for that? We’re backing up a few steps to take a wider look at the industry in 2024. With two months down, what big trends and topics have emerged to lead us through the rest of the year? We asked colleagues at TUNE and around the industry to share their top predictions with us. Here’s what they said.

2024 Affiliate Marketing Trends

AI Expansion Will Continue

This is a no-brainer, which is why it’s first on our list. The AI expansion into every corner of the digital world continues following the explosive introduction of ChatGPT in January 2023. According to recent surveys, when it comes to marketing, generative AI has seen the most growth in content marketing, sales enablement, business intelligence, video marketing, and chatbot applications. We don’t see this trend slowing anytime soon.

“In 2024, integrating AI in affiliate marketing programs and strategies will grow in popularity — for content creation, content promotion, analysis, and much more.”
—Yakir Gal, Head of Sales, EMEA & APAC

“AI is going to be big, big, big this year. I see lots of discussion ahead on how partners will use it to optimize ROI for brands, and how brands use it to identify new opportunities and automate their ongoing evergreen ads. And beyond partners and brands, will groups like Publisher Discovery use AI to keep better hygiene and pull in new, unique traffic sources? We’ll have to wait and see.”
—Matt Miltenberger, Head of Sales, East Coast

Brand-to-Brand “Barter Marketing”

We see plenty of pairing up in brands’ futures for 2024. By partnering to promote each other to their respective audiences, brands that barter can save money and access new markets that are a solid fit. And once a relationship proves successful, there’s no telling how far it could take both brands.

“I predict that brand bartering will become more of a mainstream partnership type this year. With costs rising across the board, brands can explore promoting non-competitive brands with similar demographics by essentially ‘trading’ placements, for example, on each other’s email newsletter list.”
—Dan Buontempone, Business Development Specialist

Influencers and Creators Catch Fire

Influencers are still a hot trend after rising in popularity over the last several years. Content creators and social influencers, especially those with small but engaged followings, are proving just how valuable they can be for brands trying to cut through the noise. And yet, many advertisers are still confused on the best ways to attract and reward them.

Luckily, we’ve got just the thing to help: our newest e-book, Influencer-Affiliate Blueprint: Building High-ROI Creator Communities. Created in partnership with growth agency ZeroTo1, it’s a guide on why and how to add influencers to an affiliate program. Download it here to learn how to create your own community of brand ambassadors.

“The rise of creator-affiliate and influencer-affiliate programs as a brand’s foundational channel. Influencer-affiliate is a wellspring that can feed most other channel marketing efforts, all while spinning off new revenue streams.”
—Meredith Singer, VP, Marketing & Operations at ZeroTo1

Customer Experience Will Evolve

In addition to incorporating AI tools into their customer service platforms, brands in 2024 are changing the way they interact with customers by meeting them where they are: in their chosen communities. Social platforms like Reddit and TikTok are thriving thanks to the self-made niche communities found there, where like-minded users gather for advice, entertainment, and authentic connections. Smart brands are joining and participating in these communities to engage with their users — not to sell to them.

Accurate Data for Optimization

Without optimization, there can be no improvement. And without accurate data, there can be no optimization. We’ve heard recently from some marketers and partners who are starting to distrust the accuracy of their data on traditional platforms. Whether this is a result of changes to how web browsers collect and report data, like GA4’s transition to data-driven attribution, or because traditional platforms tend to move slower when it comes to advanced tracking methodologies, remains to be seen. Either way, having access to accurate, reliable data remains top of mind for marketers in 2024 (as it should).

“Right now, everyone is focused on optimizing resources and excluding unnecessary costs. Thus, I foresee marketers optimizing their programs in 2024: cleaning up, keeping only highly performing partners and influencers, and focusing on Tier 1 markets.”
—Iana Starostovich, Head of Customer Success, EMEA

Privacy and First-Party Data

Speaking of accurate data … first-party data and privacy-centric practices are no longer optional for marketers in the performance space. It’s the way of the future, period. We’ve already seen efforts around SEO make a big comeback in 2024 thanks to AI and the proliferation of sub-par content splashed across the web. Any business that doesn’t make an honest effort at upholding consumers’ privacy and security while they look to improve their digital presence won’t be in business for long.

What’s Next

Whatever the rest of the year has in store, we’re betting that the trends and topics above stay in regular rotation. Good luck!

If you’re looking for new ways to scale your program while maintaining a strategic edge, we have news for you: the TUNE Marketplace is now open to all customers! Read about what makes our marketplace different from the rest in this blog post, or check out our website for more information on partnering through TUNE.

]]>
Influencer-Affiliate Blueprint: Building High-ROI Creator Communities [New E-book] https://www.tune.com/blog/influencer-affiliate-blueprint-building-high-roi-creator-communities-e-book/ Tue, 06 Feb 2024 14:29:32 +0000 https://www.tune.com/?p=74334 Read More]]> Influencer-Affiliate Blueprint: Building High-ROI Creator Communities e-book by TUNE and Zeroto1
Influencer-Affiliate Blueprint: Building High-ROI Creator Communities e-book by TUNE and Zeroto1

This isn’t your parents’ influencer marketing.

Say goodbye to flat fees and sponsored posts. Today’s top influencers are low-risk, results-driven partners who work closely with brands to promote the products and services that resonate with their highly engaged audiences.

Adding influencers to your affiliate marketing program can increase revenue and prove affiliate ROI — if you know what you’re doing. The Influencer-Affiliate Blueprint is your guide to making it happen.


Download the Influencer-Affiliate Blueprint


The Influencer-Affiliate Blueprint e-book cover

Knowing influencers and creators are a partner group unlike any other, TUNE teamed up with powerhouse growth agency Zeroto1 to develop an instructional e-book that doesn’t pull any punches. In it, you’ll read up on how influencer marketing really works, why and how it’s different from traditional affiliate marketing, and the steps you can follow to recruit and empower influencers in your program.

You’ll also learn from real-life use cases, including Zeroto1’s insanely successful launch and subsequent growth of the Instacart Tastemakers affiliate program. (Yes, they’re behind that Tastemakers, with TUNE technology driving the program.)

We don’t sugarcoat the tough stuff — like the fact that you’ll need to give up some control to get quality creative content. Or that no matter how hot your product is or how high your commissions are, some influencers just won’t want to work with your brand. What we do is provide you with insightful, actionable information to put you on the path to successful influencer-affiliate partnerships.

What Is Influencer-Affiliate Marketing?

There was a time when the term “influencer marketing” meant shelling out big bucks for celebrity sponsored posts; focusing on brand awareness and virality versus measurable conversions and KPIs; buying followers instead of engaging with them.

Not anymore.

Instead, today’s creators and influencers run the gamut from social media stars to niche role models. They have built up highly-engaged communities and loyal followings, with a deep understanding of what resonates and what feels inauthentic. They count on their audience for a living, so when they promote a product or a service, they’re confident it’s a fit.

This is why creators and influencers are embracing the performance-based model that is the foundation of affiliate marketing, resulting in a hybrid model: influencer-affiliate.

Why Are Brands Embracing Influencer-Affiliate?

As more influencers are making the change to a performance basis, more brands are embracing influencers.

Here’s why.

Most traditional publishers — in other words, your favorite websites and platforms — thrive on advertisers and networks. Their bottom line is tied to impressions, engagement, and clicks. This has led to many of them prioritizing these metrics over user experience.

As a result, across the digital ecosystem, the perception of engagement has become more important than actual engagement and quality user experiences. You can see it for yourself by searching on your laptop or smartphone for a topic you’re interested in. Increasingly, all that gets you is a confusing jumble of results, ads, and AI-generated answers to questions you haven’t asked, or links that lead to broken interfaces and frustrating interactions.

Brands, consequently, are moving away from platforms with shallow engagement and vanity metrics, following their target audience. People want authenticity and trustworthiness, communities where they feel engaged and accepted.

Influencer-affiliates are a bridge to these communities. They help brands build connections to them without the corporate side — the advertising ick — of marketing getting in the way.

Get Started with the Influencer-Affiliate Blueprint

Over the next few months, we’ll be exploring key chapters from the Influencer-Affiliate Blueprint here on the TUNE Blog. You can read Part 2 of our series here, which dives into the differences between influencer programs and traditional affiliate programs.

We also recorded a webinar with our friends at ZeroTo1 about influencer-affiliates and how they fit into today’s marketing mix. Check it out here.

So, while we’ve barely scratched the surface of influencer-affiliate programs, you don’t have to wait for the rest of the blog series to come out. Download the full e-book now to discover:

  • the four steps to success in influencer-affiliate marketing
  • what makes influencers and creators different from traditional affiliates
  • how to find and engage the right influencers for your brand
  • the technology and teams you’ll need to get started
  • real examples and use cases from everyday brands

The most successful influencers connect with their audiences through authenticity, honesty, and winning personalities. We hope to do the same.

Enjoy!


Download the Influencer-Affiliate Blueprint

Influencer-Affiliate Blueprint

]]>
Partnerships 101: What Is a Direct Partner vs a Network Partner in Affiliate Marketing? https://www.tune.com/blog/partnerships-101-what-is-a-direct-partner-in-affiliate-marketing/ https://www.tune.com/blog/partnerships-101-what-is-a-direct-partner-in-affiliate-marketing/#respond Tue, 28 Nov 2023 22:03:27 +0000 https://www.tune.com/?p=74116 Read More]]> Direct partners in affiliate marketing: what are they?
Direct partners in affiliate marketing: what are they?
Photo by Jason Goodman on Unsplash

In the world of affiliate marketing, there are two main ways to work with your partners: through an affiliate network, and in a one-to-one relationship in your affiliate program. Affiliate networks and direct partners both play important roles and bring value to a program. However, they differ greatly in terms of how you collaborate with them and the dynamics of your relationship.

Over the years at TUNE, we’ve noticed that individuals who are new to affiliate marketing have the most difficulty understanding the direct partner side of the equation, whereas most people — marketers or otherwise — are familiar with the concept of an affiliate network. We believe both types of partners are beneficial, and working with a combination of the two is something we see across the most successful partner programs. To help more marketers leverage the best of both worlds, we’re explaining what it means to work directly with a partner in your affiliate program versus working with a partner in an affiliate network.

Affiliate Networks vs. Direct Partners

In some ways, direct partners are the opposite of affiliate networks. Understanding how you work with partners in a network makes it easier to understand how working with direct partners is different. So let’s set the groundwork by looking at the top characteristics of working with affiliate network partners.

Affiliate Network Partners

1. Intermediary Platform

Affiliate networks are intermediaries that connect you (the advertiser or brand) with their network of partners. These networks serve as a platform where businesses can find and recruit affiliates, and affiliates can find multiple products or services to promote.

2. Broader Reach and Scale

Affiliate networks provide you with a pre-existing pool of affiliates from various niches and industries, including a range of publishers, content creators, and marketers. This is beneficial if you want to reach a wider audience quickly. However, it may mean you have less control over who eventually promotes your products.

3. Standardized Agreements and Features

Affiliate networks often have standardized terms and conditions, commission structures, and reporting systems. While this can make it easier for you to get started, it doesn’t provide much flexibility and limits your ability to negotiate custom agreements.

4. Less Personalization

In affiliate networks, the relationships with affiliates tend to be less personal. You may have less control over how affiliates promote your business and might need to rely on the network’s policies to enforce brand guidelines. And because communication with affiliates in a network often occurs through the network’s messaging system, it often lacks a personal touch and a guarantee of privacy.

5. Network Fees

Along with tracking conversions and distributing commissions on your behalf, affiliate networks handle payment processing as well. Networks charge an additional service fee for payment processing, usually as a percentage of your revenue or your partners’ commissions. These fees vary and are set at the network’s discretion. While affiliate networks may be convenient, the fees associated with them can impact the profitability of your entire program and should be carefully considered.

Now that we have a baseline, let’s examine how working with direct partners in a strategic affiliate program differs.

Direct Partners

1. One-to-One Relationships

When you work with a direct affiliate partner, you establish a one-to-one relationship with an individual or entity (such as a blogger, content creator, influencer, or website owner) who promotes your products or services. You establish a business relationship with them independently, without the involvement of an intermediary or affiliate network.

2. Direct Communication

Communication with direct partners typically happens, well, directly — through email, phone calls, messaging apps, or other personal means. By keeping your communication private and confidential, you can better protect the strategic partnerships you discover and nurture, instead of sharing them with an affiliate network (and anyone who joins it).

3. Customized Agreements

With direct partnerships, you negotiate and agree on the terms and conditions of your partnership directly with the individual you’re working with. This allows for more flexibility in crafting affiliate agreements, commission structures, promotional methods, and more. Going direct lets you tailor every aspect of the partnership to suit the unique needs and capabilities of your partner and the specific goals of your business.

4. More Management and Support

Directly managing and supporting your affiliates may require more resources than you would need to manage and support them through an affiliate network. For example, you’ll need to supply the program infrastructure, tracking tools, and support documentation to ensure they can effectively promote your products or services.

5. Greater Control and Oversight

Working one-on-one with your partners gives you greater control and oversight over your entire affiliate program. This can help ensure that a partner’s promotional activities (like the kind of ads they run or the websites they run them on) align with your brand’s values and quality standards.

6. Higher Commissions

In some cases, direct affiliates can expect higher commission rates compared to those in affiliate networks. One reason for this is that partners outside of a network bear the responsibility of generating their own traffic and sales. Another reason is that brands can see a significant cost savings when high network fees and processing charges are taken out of the equation. By translating these savings into higher commissions, you can spend less overall than you would with a network and attract more affiliates to your program by standing out from the lower paying competition.

7. Payment Processing

When you run a direct affiliate program, you are responsible for managing and processing partner payments. This means you need to track the affiliate’s performance, calculate commissions, and pay them directly, usually on a predetermined schedule.

The Best of Both Worlds

In summary, direct affiliate partnerships offer more personalized, customized, and closely managed relationships with individual affiliates. In contrast, affiliate networks provide a broader reach and more convenience, but usually involve less personalization and control.

The choice between the two depends on your marketing goals, resources, budget, and the level of control you want over your affiliate program. Many businesses use a combination of direct partners and networks to achieve a balance between customization and scale in their affiliate marketing efforts.

At TUNE, we’ve seen the most successful programs run a mix of both direct partnerships and affiliate network relationships. That’s why our platform enables you to run a strategic partner program with direct partners and have access to top affiliate partners through the TUNE Marketplace. You choose to use one or the other, or combine them in the way that makes the most sense for your business. In other words: It’s the best of both worlds.

If you’d like to find out more about running a program of direct partners and top network affiliates on TUNE, download our Ultimate Guide to Partner Marketing or start a chat with us.

]]>
https://www.tune.com/blog/partnerships-101-what-is-a-direct-partner-in-affiliate-marketing/feed/ 0
How to Use ChatGPT in Your Affiliate Marketing Program  https://www.tune.com/blog/how-to-incorporate-chatgpt-into-your-affiliate-marketing-strategy/ Fri, 21 Jul 2023 16:57:18 +0000 https://www.tune.com/?p=73756 Read More]]> ChatGPT: How to Use AI in Affiliate Marketing
ChatGPT: How to Use AI in Affiliate Marketing
Photo by Mojahid Mottakin on Unsplash

In an evolving digital landscape, affiliate marketers need to stay ahead of the game to maximize reach and drive conversions in a crowded field. One tool that can help is artificial intelligence (AI). AI offers immense potential to optimize and automate aspects of affiliate marketing, from streamlining workflows to creating content.  

Among the many AI-powered solutions available to the public today is ChatGPT, an advanced language model developed by OpenAI. In January 2023, it set a record as the fastest growing consumer application in history, gaining more than 100 million users in just two months. If you’re wondering how you can join the movement, keep reading — we’re exploring a few of the ways marketers can leverage the power of ChatGPT in their affiliate marketing strategies.  

How to Use ChatGPT in Your Affiliate Marketing Program

Get Help with Content Creation and Optimization 

Nobody reads a blog post or watches a video on TikTok because they want to be served an ad or have a product pushed on them. They’re looking to be informed, entertained, inspired. Which is why compelling content lies at the heart of successful affiliate marketing campaigns.  

ChatGPT can be a powerful ally in creating high-quality, engaging content. Its ability to generate human-like text makes it an invaluable tool for producing both long- and short-form copy — product walkthroughs, comparison articles, informative blog posts, creative ad copy, you name it. With some detailed prompting and a bit of human editing, affiliate marketers can use ChatGPT to save time and effort creating written and visual content.

A quick note on the visual content process: ChatGPT’s visual AI is DALL·E 3, which is technically separate from ChatGPT even though they can be used in conjunction. There are numerous other visual AIs available for free or as a paid subscription, based on your needs and the amount of images you’ll be generating. We’ve been most impressed with Midjourney and Stable Diffusion.

ChatGPT can also be a valuable addition to your current content optimization process. Provide the language model with a set of keywords, and it can generate optimized titles, meta descriptions, and relevant subheadings. You can also reverse-engineer old, unoptimized blog posts by feeding them into ChatGPT and asking for the top keywords and suggested updates. These practices can all help improve SEO and boost organic traffic to brand and affiliate websites. 

Make More Personalized Recommendations 

Understanding and engaging with customers on a personal level is crucial for affiliates — it’s why they’re so good at what they do. ChatGPT can help in offering personalized recommendations based on user preferences, browsing behavior, and previous interactions. Prompt the AI model to analyze purchase and engagement data and look for patterns; it may be able to suggest tailored product options that resonate with individual customers. This level of personalization can significantly enhance your users’ experience, upping the chance they eventually engage and convert. 

Enable Always-On Customer Support 

Thanks to its conversational, human-like language model, ChatGPT can be integrated into chatbots or virtual assistants to offer support services. These could include answering common questions, providing product information, or completing purchases. This automation frees up human resources for more complex interactions and tasks that can’t be replaced by artificial intelligence. 

Get Granular in Analysis and Reporting 

Accurate data analysis is vital for optimizing affiliate marketing campaigns. ChatGPT can analyze vast amounts of data and provide valuable insights for marketers in a fraction of the time it would take a human.  

For example, some agencies have started using ChatGPT and other AI models to transcribe, digest, and summarize the key points and next steps on calls with clients. Other affiliate marketers leverage ChatGPT to perform sentiment analysis on social media platforms and forums, gauge public opinion, and identify potential influencers for collaboration. 

One important note: ChatGPT’s knowledge base used to be limited to information shared on the internet before September 2021. This limitation was one of the biggest headaches for its users. However, it can now search for and provide real-time information thanks to an update in fall 2023.  

Master Management and Workflow Automation 

Managing affiliate partnerships and networks can be time-consuming and challenging. ChatGPT can automate several aspects of network and program management for the individuals who are working within them every day. For example, it can help to identify potential new affiliates, evaluate applications, write introduction emails, or proofread terms and conditions. This can all streamline the affiliate recruitment process. (We should note, however, that this aspect of affiliate marketing will always require constant attention and a human touch.)

Get Started with ChatGPT and Affiliate Marketing

Artificial intelligence, even in its early stages, has the industry abuzz with its potential to change the game. However, AI models like ChatGPT are only as good as the prompts that drive them. You’ll need the right marketing-focused prompts to effectively use any of the strategies above. More than likely, you’ll need to experiment and iterate to figure out what those are.

The Ultimate Guide to Partner Marketing by TUNE

If you’re not sure how to get started, google the AI model you’re using plus “prompt for [the task you want to accomplish]” — you should find plenty of examples to choose from. You can also check out AI prompt-based communities on Reddit, Twitter, and most other social media platforms.

And, in case you’re looking for guidance on your overall strategy, head over to our Ultimate Guide to Partner Marketing to learn more.

]]>
The Rise of Influencer Communities https://www.tune.com/blog/the-rise-of-influencer-communities/ Tue, 11 Jul 2023 13:31:00 +0000 https://www.tune.com/?p=72846 Read More]]> The Rise of Community Influencers
The Rise of Influencer Communities
Photo by devn on Unsplash

Every year, it seems like a new kind of influencer is having a moment. Celebrities, bloggers, micro-influencers, Twitch streamers, TikTok stars; they’ve all had their time in the spotlight. Is this year any different? With the fallout from COVID-19 forcing the global economy into greater uncertainty, digital communities have an important role to play as individuals look for answers, inspiration, and support.  

Trying to navigate the economic impact of the last two years will be a challenge for many businesses in the months ahead. Brands that are looking for the right mix of insight and empathy to reach consumers in these uncertain times may want to explore partnering with influencer communities. Here’s how to get started, from the basics of who community influencers are to the best ways to meet and work with them.      

What Is an Influencer Community? 

Influencers are members of self-selected social groups who have the trust and respect of their peers — their communities. They come from all walks of life, and build their followings through shared passions and authentic connections. They are not celebrities — at least, not in the traditional sense. Often, they’re not even professional marketers.  

Instead, these influencers are brand fans, knowledgeable product users, and role models within niche communities across social media. Most importantly, influencers with dedicated communities are powerful advocates for the brands and products they love.  

Scott Ginsberg, vice president of client development at BrandCycle, an influencer affiliate network, explains:  

“Influencers use short-form content and strategic deals to offer benefits to their social communities. Their consumers value their recommendations, and often engage multiple times per day. Because these influencers enjoy niche followings across a wide range of verticals, they are perfect for brands looking to attract a new, diverse group of consumers.”  

– Scott Ginsberg, BrandCycle

For influencer communities, authenticity is paramount. It is the social capital that builds and maintains the bond these influencers have with their followers, and it can’t be faked. This is especially important in the era of COVID-19 and social distancing. Since 2020, more people than ever before have turned to the digital ecosystem for their everyday needs, searching for authentic connections to replace the human contact they miss. 

Brands may find these influencers to be a windfall in the current economy, but there’s a caveat — companies have to be willing to put in the work to drive organic growth, too. Above all, brands must allow these influencers to stay true to themselves and their followers.  

Where Influencer Communities Shine 

What verticals and product categories are influencer communities good for? 

It sounds like a cop out, but almost all of them. Any direct-to-consumer brand that has an online presence and an engaged customer base should be able to find influencers with communities that fit their marketing needs.  

Take financial services company Topstep, for example. Topstep provides an online platform for training and trading in the forex and futures markets. They target a very specific audience in a very narrow field. So, Topstep turned to the futures and forex trading education community. There, the company enlisted the help of educators to introduce new traders to the Topstep platform.  

The world is full of diverse, passionate people who advocate on behalf of brands for free every day. For marketers, it’s solely a question of finding them.  

What are the platforms that these influencers use? 

Again, almost all of them. Instagram and Facebook remain the top platforms of choice for influencers, but TikTok is quickly catching up. Yet different communities use different channels. It really depends on where your customers are.  

  • Instagram 
  • Facebook 
  • TikTok 
  • Twitch 
  • YouTube 
  • Snapchat 
  • Twitter 
  • Reddit 
  • Pinterest 

What marketing goals can influencer communities help to achieve? 

Today’s consumers don’t want to be sold to; they want to be engaged with.  

Influencers excel at engagement. They build organic relationships with their followers by replying to comments, participating in discussions, and sharing user-generated-content — interactions outside of the sales funnel. When the conversation turns to a brand or a product, consumers feel less like they’re being sold to, and more like they’re getting a recommendation from a friend. 

  • Sales 
  • Lead generation 
  • Cross-sells 

Working with Influencer Communities

It can be easy to forget that behind all the images and posts, influencers are just regular people. Influencer marketing is often a part-time job or a side gig for them; they may be juggling multiple jobs and projects at any given time. Understanding their struggles and motivations, especially in these unprecedented times, will help you work more effectively with them.  

Some of the most common hurdles for influencers:  

  1. Getting started and building scale 
  2. Finding enough time to create quality content and manage administrative tasks 
  3. Maintaining work/life balance and splitting focus between engaging with their communities and being with their families 
  4. Communicating their unique value proposition to brands, and avoiding being lumped into a generic “promotional category”  

Tips for marketers working with influencers: 

  1. Allow freedom of expression in influencer promotions and user-generated content (UGC) 
  2. Be open to creative payment models (such as free product in lieu of commission) 
  3. Consider shorter pay windows or higher commission rates to help minimize the upfront risks for new partners 
  4. Communicate often — too much communication is always preferable to too little 
  5. Use an unbiased tracking platform to track conversions when possible, and use promo codes (clickless tracking) for everything else 
  6. Scale your program by using a network, such as BrandCycle or CLOUTA 

Influencers and Partner Marketing 

Will more brands embrace influencers this year? How will the economy change how businesses and influencers engage with their audiences? Only time will tell.

When you’re ready to get started, download our Influencer-Affiliate Blueprint: Building High-ROI Creator Communities. Created in partnership with growth agency ZeroTo1, this e-book covers everything brands need to know to successfully add influencers to their affiliate program, increase revenue, and prove affiliate ROI.

Influencer-Affiliate Blueprint: Building High-ROI Creator Communities e-book

This article was originally published on PerformanceIn.com in April 2020 and has been updated with new information and insights.  

]]>