Protecting Brand Reputation in the Affiliate Channel
Richard Branson once said, “Your brand name is only as good as your reputation.”
A customer's perception of your brand is one of your most valuable assets–period. Not only is it the gateway to converting leads into customers
While affiliate marketing is a high ROI-driving channel, affiliate marketing success
And then there’s the trust factor. In short, you are who you do business with. Partnering with the wrong affiliates–you know, the ones who don’t share your brand values or respect for compliance regulations– can pose a real threat to your brand integrity.
For example, if you’re a finance brand and one of your affiliates promotes outdated or inaccurate numbers, you could be hit with large fines from the FTC, not to mention suffer a brutal blow to your brand’s competitive standing. The same is true if you end up on an affiliate site that features inappropriate or offensive content that doesn’t come close to living up to your brand values.
At the very least, an inconsistent representation of your brand can create confusion and distrust among your prospects and customers. Obviously, that’s never a good thing–and neither are the hefty fines (think thousands of dollars daily) you may face if you’re not well-versed in the regulatory environment. Worse yet, it can seriously interfere with your ability to expand your business. That’s why defining the right affiliate marketing guardrails
The Affiliate Marketing “Glow Up”
In the early 2000s, affiliate marketing was a bit like the wild west. Regulation was loose and, for the most part, affiliate was solely a numbers game. In theory, more traffic equaled more sales and bigger profits. But in reality, the premium placed on record-breaking traffic is what also led to widespread bot follower fraud and fake engagement.
Despite the industry’s explosive growth since then, some marketers have had a hard time looking past affiliate’s once “wild” reputation.
But with the continued growth of e-commerce, steering clear of this high ROI-driving channel is a big mistake.
Okay, But How Have Things Changed?
For starters, the Federal Trade Commission (FTC) is watching all digital marketing channels like a hawk and cracking down on deceptive claims, hidden fine-print disclosures, confusing terms, and other compliance issues. These days, illegal behavior comes with serious repercussions, like astronomical fines and permanent business closures.
Also, marketers are taking a much more nuanced approach in choosing potential affiliate partners
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So, How Exactly Can You Protect Your Brand Reputation ?
Are you set up to navigate the complexities of the affiliate marketplace?
Whether you’ve spent decades building a brand or you’re launching a new initiative, how your brand is perceived is currency that can open many doors–or, unfortunately, close them, too. We’ve helped many brands who initially tried to kick off an affiliate program with inexperienced staff, limited partnerships, and little data reporting to handle the day-to-day troubleshooting and nurturing required to consistently optimize and protect against the unexpected.
It’s important to ask yourself these questions:
Bottom line? Affiliate is not a part-time gig. And let’s face it, if you’re already too busy to build a high-performing team skilled in the operational ins and outs, is anyone really keeping a close eye on brand integrity? I’m here to tell you that they absolutely should.
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About Stephanie Harris
Stephanie Harris was PartnerCentric's first employee when she was hired by the founders early in 2006 at a time when the company was just taking shape.
Today she is the owner & CEO of PartnerCentric, the largest woman-owned performance marketing agency in the US. A veteran of the space, Stephanie got her start as an award-winning affiliate program manager, personally managing at one time some of the largest programs in the PartnerCentric portfolio today. She believes that in order to lead in the affiliate space today you have to know how to do every role in order to propel client success and employee satisfaction forward with vision, talent and drive.
Reach out to Stephanie at stephanie@partnercentric.com
--Professional Digital Marketer, Data Entry and SEO Specialist
1yvery good
Guest Posting & Link-Building Specialist | SEO & Backlink Strategist | Boosting Google Rankings, Traffic, & Domain Authority with High-Authority Backlinks | Digital PR & Outreach Specialist |
1yAffiliate marketing is an amazing way to get benefits mutually howvever it requires focus and consistency.