Affiliate Classroom Live! August 9th
Part of advancing your career is continuing your education, so its important to learn what you can, when you can. Continuing doing their part for the affiliate community and affiliate managers, Affiliate Classroom is offering another Affiliate Classroom Live training session for Affiliate Managers the day before Affiliate Summit East in Boston this August.
I attended their full day session last February and I have to tell you – it was a completely invaluable experience. I learned so much… it was worth devoting an entire day to. I also recapped my impressions of the various sessions via this very blog. The only bummer to the whole day was the length of time in grossly uncomfortable chairs with no tables to write on. Incidentally, I spent most the time sitting on the floor using the chair as a platform – I’m just not a lap writer.
They’re at it again, this time taking in the feedback they received and cutting it down to a half day of mostly round table discussions lead by experts – and me.
That’s right, yours truly will be leading a round table discussion at this summit’s event titled: Virtual Social Butterflies: Online Networking & Its Importance for Affiliate Managers
Successfully managing an affiliate program relies heavily on being an approachable manager, developing good relationships with your affiliates. It’s equally important to develop good working relationships with your peers in the industry. We’ll talk about the blog community, social networks, social bookmarks, Twitter, and how they can benefit the affiliate manager.
Besides me, since I’m hardly an “expert” in this field, discussions will be lead by Sam Harrelson on web 2.0, Lisa Riolo on pitching your affiliate program internally, Brad Waller on the NY Affiliate Tax implications, a presentation by Heather Paulson on effective strategies, and some other well known industry leaders. So come on out and let’s talk! Register for the event now at AffiliateClassroomLive.com!
Thanks to Affiliate Classroom’s Rachel Honoway for extending the invite to me!
Read MoreOnline Marketing Glossary: Cost per Lead
Cost per Lead (CPL):
- The cost an advertiser pays per qualified leads.
The CPL model is beneficial for merchants with robust inside and outside sales teams that can follow up on the leads collected by their affiliates. The affiliate is only delivering basic information from interested consumers, making it easier for the sales team to close the deal.
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Glossary Definition From ABC’s of Online Marketing by Alexandra Wharton, Issue 22, Revenue Magazine
Online Marketing Glossary: Cost per Click
Cost per Click (CPC):
- The cost metric for each click to an advertising link.
I remember this type of advertising was all the rage in the early part of this decade, but has since fallen out of favor since the qualified leads are not as reliable or bountiful.
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Glossary Definition From ABC’s of Online Marketing by Alexandra Wharton, Issue 22, Revenue Magazine
Online Marketing Glossary: Cost per Action
Cost per Action (CPA):
- The cost metric for each time a commissionable action takes place.
CPA is a blanket term that describes most of the affiliate structure. There are more specific models with their own descriptions that fall under this term.
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Glossary Definition From ABC’s of Online Marketing by Alexandra Wharton, Issue 22, Revenue Magazine
Online Marketing Glossary: Cost per Aquisition
To begin, isn’t it sad that I’ve just NOW got around to reading Issue 22 of Revenue Magazine?! I think our subscription might have run out since I got this copy from the stack that editor Lisa Picarille brought to last week’s BAAMC meeting.
Regardless, I’ve let my glossary series’ go once the link series was done. I just haven’t found another good list of definitions to share with you. But here’s a beauty, all online marketing related terms. So this starts the series, first the term and definition, then how this affects me so far and my take. Let the fun begin!
Cost per Acquisition:
- The cost metric for each time a qualifying action, such as sales and registrations, takes place.
Most affiliate programs use this model. Many retail merchants prefer to pay for performance to guarantee that they’re making money while paying commissions. The frequently used abbreviation CPA, however, doesn’t mean cost per acquisition, so watch out.
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Glossary Definition From ABCs of Online Marketing by Alexandra Wharton, Issue 22, Revenue Magazine
June BAAMC Meeting
After running to the bank to take out money for bridge toll, heading west towards the big scary city, and rifling through my car & wallet for change for the meter while praying that the meter maids were taking a day off, I finally made it into the June Bay Area Affiliate Managers Coalition meeting, this time hosted graciously by Real Networks. As an aside, I like their building… older, brick, kinda funky and unique but still professional.
Last time I did a video because it was my first venture over there and I had a lot to say. I was happy to receive some kudos on it from BAAMC organizer Michael Brucker. We had some special guests at this meeting… Lisa Picarille from Revenue Magazine came over and Brook Schaaf from Schaaf Consulting flew up from LA just for this. Aren’t we special? 🙂
I was going to write a good long post about it, but it seems Lisa in her diligence as a journalist has beat me to it! So here’s her take at RevenueToday.com. She mentions a few other special guests that attended the meeting, but I didn’t see them (and yes… I’d recognize them!) so maybe they were on the phone listening in… I did arrive a touch late.
So, some notes not mentioned from my take. It was nice to finally meet Lisa in person, especially after subbing for her that once on Affiliate Thing. Very gracious…although I have to tell you, it’s totally surreal sitting in a room looking at a person speak that you listen to every week without an image in your head. Strange lol. She was surprised that I’d had time to come to the meeting given how busy I usually am, which prompted me to mentally review how busy I must sound on Twitter and this here blog without actually intending it!
Also said hi to Karen Garcia of GTO Management who came to the meeting directly from SFO – what a trooper! And had a nice conversation with a fellow affiliate manager who’s used PsPrint a lot in his former life of being an event promoter and loves us! Always great to hear!
Brook talked about the up-and-coming Performance Marketing Association (PMA), which got a lot of people in the room revved up. We also talked at length about the NY affiliate tax and how we wish the networks would get more involved. What’s definitely clear is that there’s a lot of confusion on how we’re effected as managers and the programs we represent. A vague law will only vaguely be enforced, NY!
Incidentally as a side note, the PMA launched their blog this week and today Rebecca Madigan posted their plan of attack.
We also talked a bit about some miscellaneous things like video widgets and the like. Since most of us in the room have our programs through Commission Junction, we collectively wish they’d buck up on offering some more interesting and innovative creative options, like widgets. One opinion was that video is pretty good for buzz, but general consumers never think to click on the video so it doesn’t convert as a sales tool. I think the jury is still out on video as a traceable seller like a banner ad.
That’s the meat & potatoes of it, really. Our next meeting should be sometime in August. And I’m sure you’ll be happy to know that I managed to escape parking-ticket free!
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