iGB Affiliate 64 Aug/Sept | Page 47

INSIGHT ● ● How many are investing in creating regular training programmes that will help these staff members build effective affiliate relationships for their business and drive incremental programme growth by bringing in higher level expertise? ● ● Do senior managers even know that this problem exists within their programme — do they care? On the job training doesn’t cut it any longer New affiliate managers are learning their trade mostly from on the job training, which is handed down by colleagues leaving the channel and who are no longer invested directly in the day to day requirements of growing the affiliate relationships for the business. What this means is old bad habits are being passed down to a new generation affiliate managers and there is a natural degradation of skills transfer taking place in the workplace. What worked three years ago in terms of good affiliate management techniques simply won’t work effectively today because of fast-paced digital disruption. Marilyn L. Rice once said: “There is no substitute for experience.” Never was a truer word spoken when it comes to affiliate marketing. Sharing the basic theory of effective affiliate programme management is all well and good, but getting access to real hands-on experience is still limited for most companies. The truth is there just aren’t that many affiliate management experts operating in this sector. Finding an affiliate marketing expert with several years of multivariate brand and global experience — that isn’t already employed by someone else — is as rare as hen’s teeth. The art of growth hacking affiliate programmes is currently happening as affiliate marketing is still an evolving marketing function. Learning the basics is just the starting point — taking these tools forward into practice in various verticals and across a breadth of different brands is where you learn to shine as an affiliate marketing expert. Why aren’t we investing more into developing affiliate management skills? keep evolving and therefore so should your professional development and learning. It’s currently estimated that around 40% of acquisition traffic is coming from within the affiliate channel. A number of affiliates are now so big they are considering becoming operators themselves. So why is there still resistance to invest more in this channel and build relationships that will drive mutual business growth longer term? It’s vital that as an operator you are giving the best service and support to the affiliates that drive business to your portals for continued growth. This means investing in your people and their skills development to drive strategies that will allow your programme to grow competitively. The value that affiliates bring to your business is not just about how much traffic they can send to your site. It’s about the broader brand exposure given at minimal upfront cost because of the nature of commercial remuneration that cur rently governs our industry. It’s vital that your affiliate programme managers are out there on the floor, at events, meeting new affiliates and building better relationships with existing ones to secure valuable above the fold real estate at commercial terms that make business sense. Making a positive change to increase professionalism in affiliate marketing The importance of self-lead learning On the flip side of all this, If you want to call yourself an affiliate marketer, you better commit to the idea your learning will never end. The onus is squarely on you personally to invest in your own self development to become the best ambassador you can. To be a good affiliate manager you have to know how digital is changing around you as this is what your affiliates are facing daily. It’s not a job, it’s a career. Investing in your skills development outside of work hours, spending time with your affiliates to understand their businesses and helping them work through any blockages to create long-term revenue growth for your brand is a key function of the job. The igaming market and the digital channels we use to acquire new customers If you really want to effect change and growth hack your programme — consider taking these steps: 1) Seek out experienced affiliate marketing experts to consult in your strategy 2) Invest in continued education for yourself and for your people — they are your front line 3) Acknowledge affiliates still play a pivotal role in your business. Decide how you want these relationships to develop long term 4) Be bold — communicate effectively and always in a professional manner with affiliates who are now really medium- sized business owners Being a good affiliate manager is not just about asking how much traffic an affiliate can send you. It’s about understanding how the affiliate operates and how they are securing new traffic to their site, and then on to yours. It’s about finding ways to harness their expertise to match your own marketing strategies and objectives. Most importantly it’s about taking a step forward to challenge the status quo and to create great affiliate business relationships built on the basis of professionalism and trust. With almost two decades of digital marketing and affiliate experience within retail, payments and various igaming brands, LEE-ANN JOHNSTONE has a wealth of expertise as an award-winning digital marketing expert and business mentor. In 2015 she curated and developed AffiliateFEST and has now founded Best Odds Marketing (www.bestoddsmarketing.com) a digital marketing consultancy, training, event management and business coaching agency supporting igaming businesses. iGB Affiliate Issue 64 AUG/SEP 2017 43