affiliate storefronts and the future of digital fundraising

Post on 16-Apr-2017

995 Views

Category:

Marketing

0 Downloads

Preview:

Click to see full reader

TRANSCRIPT

AFFILIATE SUMMIT EAST 2014

AFFILIATE STOREFRONTS AND THE FUTURE OF DIGITAL FUNDRAISINGROBERT GLAZER | AUGUST 10, 2014

#ASE14@accelerationpar

FUNDRAISING IS CHANGING

#ASE14@accelerationpar

ONLINE FUNDRAISING IS GROWING

#ASE14@accelerationpar

13.5%

6.4%PERCENTAGE INCREASE IN ONLINE FUNDRAISING

DURING 2013 IN THE US

PERCENTAGE OF OVERALL FUNDRAISING FROM ONLINE GIVING DURING 2013 IN THE US

RETAILERS WANT IN: MABEL’S LABELS

#ASE14@accelerationpar

SCHOOLS AND ORGS ARE JUMPING IN

#ASE14@accelerationpar

BUT THERE ARE HASSLES

#ASE14@accelerationpar

BUT THERE ARE HASSLES

#ASE14@accelerationpar

AFFILIATE PROGRAMS CAN FILL THE VOID

• The commissions can be used as a loyalty payment

• Tracking platform is already in place• Lots of creative to choose from• Updates and new ideas from the manager • Payments (direct deposit), tax forms, reporting

etc.

#ASE14@accelerationpar

CHALLENGES: HAND HOLDING

#ASE14@accelerationpar

CHALLENGES: LINK BUILDING

#ASE14@accelerationpar

CHALLENGES: MARKETING TRACKING LINKS

#ASE14@accelerationpar

http://www.amazon.com/gp/product/B00A7NUARS/ie=UTF8&camp=1789&creative=9325&linkCode=ur2&tag=wwwhip2saveco-20

http://ctitbytrk.com/?a=19&oc=691&c=6724&s1

http://click.linksynergy.com/fs-bin/click?id=CY3NkS*Y9qw&subid=&offerid=265118.1&type=10&tmpid=11415&RD_PARM1=http%3A%2F%2Fwww.puritan.com%2Fnew-low-prices-1706%3Fsort%3D3

http://www.shareasale.com/r.cfm?u=316239&b=212921&m=25790&afftrack=&urllink=www%2Egearxs%2Ecom%2FGrip%2D2%2DPack%2DSeamless%2DLadies%2DTank%2DTops%2DChoice%2Dof%2D2%2DSizes%2Dand%2D10%2DColors

AFFILIATE STOREFRONTS

#ASE14@accelerationpar

WHAT ARE AFFILIATE STOREFRONTS?

RETAILERSA powerful way for merchants to connect with non-traditional affiliates, new customers and to offer co-branding.

PARTNERSAn easy way for clubs, teams and school groups to take advantage of the buying power of their individual networks with well known brands.

#ASE14@accelerationpar

#ASE14@accelerationpar

BENEFITS OF STOREFRONTS: MERCHANTS

• Targets new customers and customer loyalty without direct discounts or incentives

• Branding awareness• Merchant-controlled mass personalization • Payment, reporting, tracking etc. handled by

network• Can integrate a bunch of disparate programs into

one tracking platform (social, PR, BD, non profit)• Strengthen brand through association with

charities• Offer personal recommendation to potential

customers #ASE14@accelerationpar

BENEFITS OF STOREFRONTS: ORGANIZATIONS

#ASE14@accelerationpar

vCOMMISSION

BENEFITS OF STOREFRONTS: ORGANIZATIONS

#ASE14@accelerationpar

BENEFITS OF STOREFRONTS: ORGANIZATIONS

#ASE14@accelerationpar

VS.

OVER PRICED & DON’T WANT

ALREADY WANT OR NEED

BENEFITS OF STOREFRONTS: ORGANIZATION

http://www.tinyprints.com/storefront/operationsmile

#ASE14@accelerationpar

BENEFITS OF STOREFRONTS: ORGANIZATION

#ASE14@accelerationpar

BENEFITS OF STOREFRONTS: ORGANIZATION

#ASE14@accelerationpar

BENEFITS OF STOREFRONTS: ORGANIZATION

#ASE14@accelerationpar

BENEFITS OF STOREFRONTS: ORGANIZATIONS

#ASE14@accelerationpar

GETTING STARTED: PICKING YOUR PLATFORM

#ASE14@accelerationpar

BUILDING YOUR OWN: IN HOUSE

#ASE14@accelerationpar

BUILDING YOUR OWN: IN HOUSE

#ASE14@accelerationpar

BUILDING YOUR OWN: HYBRID

#ASE14@accelerationpar

NETWORK STOREFRONT IN A BOX

#ASE14@accelerationpar

STOREFRONTS: PROCESS

• Merchant markets and recruits to target partners

• Onboarding and training new partners • The partner organization taps into their

network of supporters and drives them to the storefront.

• When people click on the co-branded storefront tracking link and make a purchase, the organization earns a commission.

#ASE14@accelerationpar

STOREFRONTS CASE STUDY:TEA COLLECTION

#ASE14@accelerationpar

STOREFRONTS CASE STUDY: TEA COLLECTION

OBJECTIVE: Convert schools into affiliates

#ASE14@accelerationpar

STOREFRONTS CASE STUDY: TEA COLLECTIONBACKGROUND• Identified opportunity to leverage affiliate

channel to manage and track their current school fundraising program.

• Current coupon-based program had a ‘leakage’ problem.

• One of the first merchants to work with ShareASale to develop custom Storefronts for School Days affiliates

#ASE14@accelerationpar

STOREFRONTS CASE STUDY: TEA COLLECTIONAPPROACH• Assigned dedicated Storefronts Manager to

handle all questions• For the week-long program Tea Collection

offered schools free shipping and 15% of sales.

#ASE14@accelerationpar

STOREFRONTS CASE STUDY: TEA COLLECTION

#ASE14@accelerationpar

TEA COLLECTION: RESULTS

• Total number of affiliates in the program GREW BY 17% with the addition of School Days Storefronts

• Conversion rate for schools was 44% HIGHER than the average for the affiliate program

• Schools raised almost $30,000 through the storefront in a two week period

• Many asked to become regular affiliates • Some schools did prefer the easier coupon-

based system#ASE14@accelerationpa

r

STOREFRONTS CASE STUDY:TINYPRINTS

#ASE14@accelerationpar

STOREFRONTS CASE STUDY: TINY PRINTS

BACKGROUND• Lots of photographers were asking to work

with Tiny Prints, with no easy way of doing so• Schools clogging up business development

with requests to partner, especially around holiday

• Many stranded one off landing pages and partnerships based on coupon codes and manual reporting/payment

#ASE14@accelerationpar

TINY PRINTS: PHOTOGRAPHERS

#ASE14@accelerationpar

TINY PRINTS: SCHOOLS & NONPROFITS

#ASE14@accelerationpar

TINY PRINTS: RESULTS YEAR 1

RESULTS• 500 storefronts sign-ups• Almost all viral with little marketing • 100% ROI on development costs • Requests from PTA’s

#ASE14@accelerationpar

TINY PRINTS: RESULTS YEAR 2

RESULTS• 1,000+ active storefronts • Less than 20 beta non-profits and PTA’s

raised almost $125K in Nov/Dec • Major new product initiative & new revenue

channel for Tiny Prints

#ASE14@accelerationpar

TINY PRINTS: RESULTS YEAR 3

RESULTS• $1.5 million in sales• 14,000 orders• 81,000 clicks

#ASE14@accelerationpar

POTENTIAL OF STOREFRONTS

• Schools• PTAs• Youth sports teams• Charities• Nonprofits• Clubs and activities• Professionals

#ASE14@accelerationpar

POTENTIAL OF STOREFRONTS• For example, a

sporting goods company could partner with personal trainers.

#ASE14@accelerationpar

OTHER THINGS TO THINK ABOUT

#ASE14@accelerationpar

OTHER THINGS TO THINK ABOUT

#ASE14@accelerationpar

OTHER THINGS TO THINK ABOUT

#ASE14@accelerationpar

OTHER THINGS TO THINK ABOUT

#ASE14@accelerationpar

THANK YOU

ROBERT GLAZER | FOUNDER AND MANAGING DIRECTORrglazer@accelerationpartners.com

@accelerationparwww.accelerationpartners.com

Boston617.963.0839

New York646.664.1036

San Francisco415.523.0398

top related