An additional note that must be made at this phase is: do keep in mind the LTV or the life-time value of your customer here. In certain scenarios (e.g.: subscription-oriented affiliate programs) it makes sense paying significantly higher commissions on the customer’s initial payment to the company when the latter knows that they will make much more (from the same customer) on future payments. More about it later in this text.
It is important for a firm to reach out to consumers and create a two-way communication model, as digital marketing allows consumers to give back feed back to the firm on a community based site or straight directly to the firm via email. Firms should seek this long term communication relationship by using multiple forms of channels and using promotional strategies related to their target consumer as well as word-of mouth marketing.
(b) Amazon Marks Limited License. Amazon grants to you a non-exclusive, non-transferable, non-sublicensable, non-assignable, revocable right and license to display, publish, and reproduce Amazon Marks that Amazon may provide to you from time to time in connection with Local Associates Program solely for the purpose of marketing Local Associates Products. Amazon reserves all right, title, and interest in and to its Intellectual Property Rights and no title to or ownership of any of Amazon’s Intellectual Property Rights (including with respect to Amazon Marks) is transferred or licensed in connection with this Local Associates Policy. “Intellectual Property Right” means any patent, copyright, trademark, or trade secret right and any other intellectual property or proprietary right in any jurisdiction, including any and all applications, registration and rights of registration, reissues, divisions, continuations, substitutes, renewals, and extensions in respect thereto, and any causes of action related to any violation, infringement or misappropriation thereof. Upon the termination of your participation in the Local Associates Program by Amazon or you, you will immediately cease and discontinue all further use of the Amazon Marks, any and all licenses you have with respect to the Amazon Marks will automatically terminate. You will promptly (within 7 calendar days) stop using and remove or destroy all Amazon Marks and any other materials provided or made available by or on behalf of Amazon to you under this Local Associates Policy.
I’m really glad my review helps in time. This just shows how important research is. There are many members complaining that Michael sent way too many Emails. Inside his training, he talked about sending Emails everyday and even up to 3 Emails for certain days. He said that is an effective strategy. I’m not sure about the effectiveness. What I can be sure of is that people will be pissed off by then…LOL
Many affiliate programs run with last-click attribution, where the affiliate receiving the last click before the sale gets 100% credit for the conversion. This is changing. With affiliate platforms providing new attribution models and reporting features, you are able to see a full-funnel, cross-channel view of how individual marketing tactics are working together. For example, you might see that a paid social campaign generated the first click, Affiliate X got click 2, and Affiliate Y got the last click. With this full picture, you can structure your affiliate commissions so that Affiliate X gets a percentage of the credit for the sale, even though they didn’t get the last click.