| Datafeeds can Double
Conversion Rates
By Linda Buquet
Whether you are a merchant trying to enhance your affiliate
sales channel or an affiliate, interested in growing your
commissions, this article can help you optimize your efforts
and increase revenue.
How can Merchants help to double affiliate conversion
rates? Offer them a datafeed! A datafeed provides affiliates
with direct product links - including pictures, descriptions
and prices, which take customers right to the product instead
of just sending them to the home page with a standard banner.
This results in fewer clicks and much higher conversion rates.
Many affiliates find they can build an entire website filled
with the thousands of products in about an hour, maximizing
the merchant’s exposure and optimizing the affiliate’s sales
potential.
According to a recent Press Release from IdeaLabs,
Commission Junction's product catalog (datafeed) has helped to
double conversion rates on the average.
http://www.idealab.com/frame.tp?http://www.cj.com/corporate/press_7327.jsp
Some of the affiliate networks charge $250 - $2,000 for a
data feed and many networks do not offer the option at all.
Providing a private (no charge) feed to your affiliates could
be one of the best decisions you will ever make.
I am an affiliate management consultant and recently had a
datafeed programmed for one of my clients,
Irvs Luggage
Warehouse. I can tell you that this move has been
OVERWHELMINGLY successful for us, boosting sales and
attracting many new “super” affiliates to our program. We
launched the feed the end of April, May sales doubled and July
is on target to be quadruple April’s numbers. Almost all of
our top producers are using the feed and enjoying greatly
increased sales because of it.
Lack of a datafeed is becoming a “deal breaker” for many
strong affiliates. zZounds, another client, offers the highest
commission rate in the musical instruments market place, yet I
had numerous “super affiliates” that would not even join
unless a datafeed was available. The above article helped
zZounds see the light. Our new feed is now finished, strong
affiliates are joining and increased sales are rolling in.
ABestWeb has 2 great datafeed forums filled with
information for both advertisers and affiliates about how to
get started with datafeeds and lists numerous merchants that
offer free feeds if anyone would like to learn more.
http://abw.infopop.cc/6/ubb.x?a=frm&s=548608979&f=1226064751
http://abw.infopop.cc/6/ubb.x?a=frm&s=548608979&f=8106056491
The bottom line is datafeeds work and are a valuable
WIN/WIN marketing tool for Merchants and affiliates alike! |