{"id":79180,"date":"2023-10-30T08:37:03","date_gmt":"2023-10-30T12:37:03","guid":{"rendered":"https:\/\/network.napco.com\/total-retail\/?post_type=article&#038;p=79180"},"modified":"2023-10-30T12:23:08","modified_gmt":"2023-10-30T16:23:08","slug":"4-best-practices-for-affiliate-marketing-q4-prep","status":"publish","type":"article","link":"https:\/\/www.mytotalretail.com\/article\/4-best-practices-for-affiliate-marketing-q4-prep\/","title":{"rendered":"4 Best Practices for Affiliate Marketing Q4 Prep\u00a0"},"content":{"rendered":"<p>The idea that Q4 makes or breaks retail and e-commerce companies every year isn&#8217;t new, but the actual impact of the holidays is staggering. In 2022, <a href=\"https:\/\/news.adobe.com\/news\/news-details\/2022\/Adobe-Cyber-Monday-Drove-11.3-Billion-in-Online-Spending-Breaking-E-Commerce-Record--\/default.aspx\">Cyber Week sales in the U.S. hit $35.2 billion,<\/a> with that one stretch representing a huge chunk of the year&#8217;s revenue for brands across industries.<\/p>\n<p>We&#8217;re well into Q4, which means that for most brands we&#8217;re at least a couple of months into prep for holiday high tide. And there are still a few big initiatives to lock in to ensure you&#8217;re laying the groundwork for a great quarter (and beyond). This is especially true in affiliate marketing, which has a full-funnel ecosystem of partners, each with its own quirks and nuances.<\/p>\n<p>In this post, I&#8217;ll talk about business alignment, communication, QA, and a system for collecting and storing insights from the wave of activity about to hit &#8212; and why all of that matters a ton for affiliate success in Q4.<\/p>\n<h3><b>1. Align on goals (and double-check).<\/b><\/h3>\n<p>If you haven&#8217;t yet, now is the time to define your overarching affiliate goals and expectations (return on investment, return on ad spending, net-new customers, and other key performance indicators in focus). This is hugely important. Even if you defined these goals months ago, it&#8217;s worth confirming them for Q4 before you communicate them with your partners and\/or agency team. It&#8217;s also important to get margin targets, which will give you guardrails for working with partners on possible discounts and promotions.<\/p>\n<p>From there, sub-goals to establish are placement budget and strategy (e.g., CPA vs. flat fee pricing).<\/p>\n<h3><b>2. Button up your Q4 communications.<\/b><\/h3>\n<p>Given the segmented affiliate partner landscape, communication is absolutely critical to success, especially in the frenzy of Q4. Make sure you&#8217;re doing the following well before Cyber Week:<\/p>\n<ul>\n<li>Communicate promotions and deals directly to your top 20 publishers.<\/li>\n<li>Request remaining last-minute inventory from publishers (do this regularly).<\/li>\n<li>Communicate last ship date to publishers.<\/li>\n<li>Plan newsletter and publisher communication schedules (a recommended cadence is below).<\/li>\n<\/ul>\n<p><a href=\"https:\/\/network.napco.com\/total-retail\/wp-content\/uploads\/sites\/14\/2023\/10\/Screenshot-392.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-79181\" src=\"https:\/\/network.napco.com\/total-retail\/wp-content\/uploads\/sites\/14\/2023\/10\/Screenshot-392.png\" alt=\"\" width=\"510\" height=\"170\" \/><\/a><\/p>\n<h3>3. Focus on QA.<\/h3>\n<p>In addition to the usual obsessive performance monitoring and subsequent adjustments, there are a number of initiatives you need to include on a QA checklist for Q4. These include:<\/p>\n<ul>\n<li>Double-check to confirm all outstanding IOs have been signed and countersigned.<\/li>\n<li>Confirm promo codes are working at checkout on the first day live to the public.<\/li>\n<li>Audit top publisher sites to ensure each promotion has been posted.<\/li>\n<\/ul>\n<p>Along with those, there&#8217;s a whole sub-category of network housekeeping to stay on top of. Your QA checklist here should include:<\/p>\n<ul>\n<li>Ensure publisher groups or tags are created to ensure seamless reporting by publisher type.<\/li>\n<li>Confirm your program overview is current and inclusive of relevant statistics and details.<\/li>\n<li>Update &#8220;My Creative&#8221; under the Links and Tabs tool with relevant promotions and landing pages.<\/li>\n<li>Update\/confirm terms and conditions as well as your pay-per-click policy.<\/li>\n<li>Update\/confirm profile images and brand logo.<\/li>\n<li>Update\/confirm all relevant users have access to the account.<\/li>\n<li>Update\/confirm data feed is seasonally relevant and accurate.<\/li>\n<li>Update\/confirm commission rates in the Commission Manager Tool.<\/li>\n<\/ul>\n<p>Anything that goes awry that you don&#8217;t have on your checklist should be added for next Q4&#8217;s checklist. That brings me to the last important prep step &#8230;<\/p>\n<h3>4. Create a repository of insights.<\/h3>\n<p>Without good documentation, anything you learn to do better this Q4 might fall by the wayside for future years. To prevent this from happening, make sure:<\/p>\n<ul>\n<li>Your QA checklists are living, centralized docs that get updated with new items as they emerge.<\/li>\n<li>You start a shared team file early in Q4 with weekly reminders to update the document with any updated publisher preferences or nuances and any insights on brand-new partnerships.<\/li>\n<li>You create and circulate a post-mortem of Cyber Weekend at the beginning of December with wins and learnings to reference in future years.<\/li>\n<\/ul>\n<p>Like all marketing channels, affiliate marketing requires a ton of prep to make the absolute most of Q4. Consider this your reminder that prep in 2024 should start at least a couple of months before Q4 hits &#8212; your sanity and KPIs will thank you for it.<\/p>\n<p><i><span class=\"markz79ftbmcn\">Sydney<\/span>\u00a0Garofalo is associate director of client growth and development at <a href=\"https:\/\/www.dmipartners.com\/\">DMi Partners<\/a>, a digital marketing agency.\u00a0<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The idea that Q4 makes or breaks retail and e-commerce companies every year isn&#8217;t new, but the actual impact of the holidays is staggering. In 2022, Cyber Week sales in the U.S. hit $35.2 billion, with that one stretch representing a huge chunk of the year&#8217;s revenue for brands across industries. We&#8217;re well into Q4, [&hellip;]<\/p>\n","protected":false},"author":13731,"featured_media":62643,"comment_status":"open","ping_status":"closed","template":"","coauthors":[136271],"class_list":["post-79180","article","type-article","status-publish","has-post-thumbnail","hentry","category-affiliate-marketing","tag-affiliate-marketing","tag-affiliate-marketing-partners","tag-affiliate-marketing-prep","tag-digital-marketing","tag-retail-marketing","editorial_type-best-practices","vertical-retail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>4 Best Practices for Affiliate Marketing Q4 Prep\u00a0<\/title>\n<meta name=\"description\" content=\"Like all marketing channels, affiliate marketing requires a ton of prep to make the absolute most of Q4. Consider this your reminder that prep in 2024 should start at least a couple of months before Q4 hits \u2014 your sanity and KPIs will thank you for it.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mytotalretail.com\/article\/4-best-practices-for-affiliate-marketing-q4-prep\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"4 Best Practices for Affiliate Marketing Q4 Prep\u00a0\" \/>\n<meta property=\"og:description\" content=\"Like all marketing channels, affiliate marketing requires a ton of prep to make the absolute most of Q4. 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