Affiliate marketing
DefinitionGrowth
Affiliate marketing
Paying partners a commission for the customers they send - publishers, creators and comparison sites carry the offer and earn on results. Attractive because the cost is contractually tied to outcomes; the catch is that affiliates gravitate to harvesting demand that already existed, so incrementality checks matter more here than anywhere.
Evidence from the library
Performance advertising mostly directs people to brands they have already chosenPrinciple35%Click-based attribution sends a third of spend to sales that would have happened anywayWarningCreators match other channels on short-term ROI but carry the highest long-term brand-building multiplier of any channel.StatA pre-purchase 'how did you hear about us' survey is the cheapest brand attribution toolPrinciple27%Nearly three quarters of creator content fails to link back to the brand paying for itWarning
Source
Marketing Definitions
standard digital marketing practice
More from this source
DefinitionCustomer acquisition cost (CAC)DefinitionCustomer lifetime value (LTV)DefinitionLTV:CAC ratioDefinitionROASDefinitionMER (marketing efficiency ratio)DefinitionConversion rateDefinitionClick-through rate (CTR)DefinitionCPMDefinitionHook rateDefinitionHold rateDefinitionChurn rateDefinitionCreative fatigue