AdTech industry is vast and ever-changing. It might be hard to keep up with all the new slang, but worry not - our glossary will keep you properly updated!
The person in charge of the communication with the affiliates. An affiliate manager oversees the companions in a program and the software or network on which they operate. Responsible for ensuring that tracking is effective, guaranteeing compliance to help the organization benefit from the channel, and attracting new partners are part of this position's responsibilities. Affiliate managers are in high demand due to the popularity of performance marketing in e-commerce today. With the economy in shambles, many businesses are switching from traditional to new forms of marketing.
Affiliate marketing is a particularly well-liked distribution method. Affiliate marketing is a form of performance marketing in which you develop a partnership with other businesses to sell your products in return for a fee. It's difficult to keep track of a large group of affiliates, and the program as a whole can get convoluted. One of the key roles of an affiliate manager is to find and hire affiliates who will promote the merchant's products. Building target lists of potential partners require several responsibilities, such as finding contact information, drafting the appropriate outreach email, and accepting applications. It also entails following up with high-potential affiliates who have expressed interest.
As an affiliate program's success is dependent on developing your network of affiliates, recruiting can consume a significant portion of an affiliate marketer's time. Every affiliate manager must keep their pipeline full by bringing in new partners every week. It's one thing to turn on affiliate marketing when you have a large network of affiliates to manage. Maintaining all associate accounts is one thing, however. As a result, one of an affiliate manager's most important responsibilities is affiliate activation. Affiliate activation is the process of energizing existing affiliates as well as recruiting new ones.
To assist them to be more productive, you must provide them with the necessary information, incentives, and tools to do so successfully. They are setting up a welcome email series that saves affiliate managers a ton of time and ensures their affiliates get off to a flying start. An affiliate manager is a jack of all trades, master of none. Customer service excellence and going above and beyond for their partners are hallmarks of successful affiliate managers. Another important duty of an affiliate manager is to keep tabs on regulatory compliance.
An affiliate marketing program's performance must be closely monitored to identify areas for improvement. Incremental growth is the goal of every organization; therefore, upgrading your program makes sense. A specific set of skills is required for the position of the affiliate manager. Affiliate managers should be strategic thinkers who are also detail-oriented, organized, and good communicators.
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