AFFILIATE MARKETING
3 Ways Direct-to-Consumer Brands Can Leverage Media Coverage
Opinions expressed by Entrepreneur contributors are their own.
The digital marketing landscape has undergone a drastic shift. No longer can marketers rely on traditional marketing channels of search and social. The costs are rising, and profit margins are diminishing. Given this, DTC brands will find it daunting to capture high lifetime value (LTV) customers, and if they do, there is no guarantee of any long-term, repeatable business. This is where media coverage, including PR, comes to the rescue for DTC brands. And it is intensely competitive. The three top ways in which brands can leverage media coverage are below.
Spread the link
The link here is a reference for affiliate marketing. Affiliate marketing is a supplement to public relations. The success stories of DTC brands such as Casper (explored in the next section) display the power of affiliate marketing.
Affiliate marketing goes a long way in helping you to reach your target audience. And the best part? It occurs at every stage of the customer journey. Another aspect is that you only pay for measurable results in affiliate marketing, making it a low-risk method for DTC brands to generate leads and traffic and fuel sales volumes.
What is affiliate marketing? And how does it work?
Affiliate marketing is a performance-based advertising method. In this, an individual or company (or a network) gets to earn a commission by redirecting new visitors and customers to a business website. Essentially, a brand promotes a product or service and leaves a link to that offer. Content creators such as bloggers and social media influencers often use this method on most platforms. Also, affiliate marketing entails signing up with a company or network.
Through this network, DTC brands get to widen their reach and visibility. And when someone buys or executes the desired action using the network, the network gets paid. There are several affiliate networks out there. The few common ones are:
-
Clickbank.com
-
MaxBounty.com
-
JVZoo.com
-
CommissionJunction.com
The stats on affiliate marketing
Note that 21 percent of the higher average order value of sales happens via affiliate marketing. About 16 percent of all e-commerce sales in the U.S. are generated through affiliates. And around 58 percent of the higher annual customer revenue happens via affiliate marketing. With good reason, there are more than a few benefits to be gained from affiliate marketing. Affiliate marketing generated $6.8 billion in revenue in 2020 alone. So, there’s proof to the pudding.
Related: An Affiliate-Marketing Program Might Be the Perfect Move
Monitoring SEO and other search trends
Today, publishers are very savvy and enthusiastic about SEO trends. Thanks to Google, the platform has transformed how it surfaces product reviews. The reason is that today’s consumers Google a product before making a purchase. They do so to avail themselves of the best possible evaluations that are easy to find. These savvy brands then serve as a public relations avenue by helping journalists to create excellent reviews. Hence, knowing the search payoff beforehand is worth the extra effort for DTC brands to jump on the bandwagon.
However, Google does more than just present reviews. The search engine also looks at the article for expert knowledge. It uses that information to find comparable products and quantitative measurements to gauge how the product or service measures up. The work for the DTC brands begins with samples. The brands usually send samples to journalists with tip sheets to help them write fact-based, authoritative articles to improve their visibility. It is these articles that, once they appear in the Google search engine, make for an excellent PR strategy for the DTC brand.
Related: All You Need to Know About Google Trends to Grow Your Business
The case of Casper
Casper, a U.S.-based mattress brand, has set up search-specific landing pages. It has also funnelled Adwords money to its website to elevate its position in the market. The result? Casper gets a critical share of the 550,000-plus monthly mattress Google searches. What’s more, Casper tops the Google search results for several mattress-related terms. Right from a reviews landing page to a duvets inserts landing page, Casper has, for itself, a customized SEO flytrap page. So, virtually any mattress-related keyword that users type into Google, their purchase intent will present the Casper website.
To leverage and up the SEO game, DTC brands can use several SEO tools to optimize their websites. Some of the more notable are:
-
Hubspot Website Grader
-
Google Search Console
-
Google Analytics
-
Ahrefs
-
Semrush
Leverage the power of social media
Another way to attract eyeballs towards your brand is to leverage social media advertising. So, if a DTC brand receives media coverage, it should share the news with its fans and followers. And these are typically found on social media brand accounts. Social media is an excellent way of racing out to new customers. A word of caution there — do not stop here!
You can also leverage other powerful aspects within the PR spectrum. These are reviews and personal recommendations (digital word-of-mouth marketing methods). Your regular and known customers get updated on your press coverage. But, they can do more than just that. Often, they share the link with friends and family via WhatsApp and other applications. What this does is provide multifold influence from an existing customer. It makes for an excellent way of converting new customers. Most importantly, your owned content is crucial. So share the coverage details on the blog site and link back to the article.
Remember, consumers prefer and trust a well-rounded review that mentions other brands. So make sure that the coverage is not pushy or overselling. This is especially true for the younger generation, as they are more media-savvy. They belong to an era where reviews are a daily social media staple.
Related: 5 Low-Budget Marketing Ideas for Bootstrapped Startups
Parting words
Media is the name of the game. As seen from above, it can take several forms. DTC brands need to hone and forge collaborative pursuits with the media and audiences to break out of the competitive clutter and stand out among their peers. This online presence, PR included, can then make or break your brand. Additionally, DTC brands should also consider leveraging the power of media to be at the top of trends.
Source link
AFFILIATE MARKETING
Unleash Unshakable Confidence in 7 Days: The Neuroscience-Backed Blueprint
In the cut-throat business world, self-doubt can be the difference between success and failure, costing you everything.
Source link
AFFILIATE MARKETING
Companies Hiring AI Jobs: Technical Writer, Engineer, Sales
A new study shows that AI jobs are concentrated in companies you’d least expect.
Computing solutions specialist Getac analyzed LinkedIn and Glassdoor job listings for companies with the most AI-related postings and looked for jobs like Senior Director of Analytics & AI, AI Technical Writer, AI Application Engineer, and AI Solution Sales Specialist.
Microsoft topped the list, beating out Meta, which came in second.
The report found that, while the usual Big Tech AI players dominated the list, other companies made surprise appearances, too, including the U.S. Department of the Treasury, Mount Sinai Health System, and the Georgia Institute of Technology.
Here are the companies that currently have the most AI-related job postings listed.
1. Microsoft
Number of postings: 1,335
2. Meta
Number of postings: 1,232
3. Deloitte
Number of postings: 461
Related: Worried About AI Stealing Your Job? A New Report Calls These 10 Careers ‘AI-Proof’
4. U.S. Department of the Treasury
Number of postings: 417
5. Huntington Ingalls Industries
Number of postings: 363
6. Mount Sinai Health System
Number of postings: 355
7. Georgia Institute of Technology
Number of postings: 338
8. Accenture
Number of postings: 293
9. PwC
Number of postings: 279
10. InterSources
Number of postings: 249
AFFILIATE MARKETING
Major Deal Alert: Get $50 off a Sam’s Club Plus Membership
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.
Business leaders, listen up! If you’re looking for a smart financial decision that can benefit both your business and household, a Sam’s Club Plus Membership is your new multi-use life hack. For a limited time, you can get a 1-year membership for just $50 (reg. $110), complete with auto-renew, giving you continuous savings without the hassle of re-signing every year.
Sam’s Club is more than just bulk buying—it’s a way to stretch your dollars further and save up to 25% annually on groceries, office supplies, and everyday essentials. For small-business owners or home-based entrepreneurs, the ability to purchase in bulk can lead to significant savings over the course of a year. Think of it as smart investing for your bottom line.
With the Sam’s Club Plus Membership, you get more than just access to great products at lower prices. You’ll also earn 2% back on your purchases, which can add up quickly, turning your shopping trips into growth opportunities. Whether it’s office supplies, snacks for the team, or essential products, every dollar spent earns you something back.
Running a business is a full-time job, and finding time to handle everything on your to-do list is often a challenge. That’s why Sam’s Club Plus members enjoy early shopping hours, giving you access to the store before regular business hours. You can get in before the masses, grab what you need, and get back to running your business without waiting for it to open.
Another fantastic perk of the Sam’s Club Plus Membership is free shipping on most items, helping you cut costs even further. No need to worry about shipping fees eating into your budget—almost everything you need can be delivered straight to your door.
Take advantage of the opportunity to grab the top-tier Sam’s Club membership at this great price.
Get a 1-year Sam’s Club Plus membership for just $50 (reg. $110) with auto-renew through September 27.
StackSocial prices subject to change.
-
SEO7 days ago
Google’s Guidance About The Recent Ranking Update
-
SEARCHENGINES6 days ago
Google Search Volatility Still Heated After August Core Update Rollout
-
SEARCHENGINES5 days ago
Daily Search Forum Recap: September 9, 2024
-
SEO6 days ago
Mediavine Bans Publisher For Overuse Of AI-Generated Content
-
SEARCHENGINES4 days ago
Daily Search Forum Recap: September 10, 2024
-
SEO4 days ago
Expert Embedding Techniques for SEO Success
-
AFFILIATE MARKETING7 days ago
Invest in Yourself with a Lifetime of StackSkills Courses for $29.97
-
AFFILIATE MARKETING6 days ago
One $40 Payment Can Get You Lifetime Access to Microsoft Office Professional 2021
You must be logged in to post a comment Login