Online 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.
____
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.
____
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.
____
Glossary Definition From ABC’s of Online Marketing by Alexandra Wharton, Issue 22, Revenue Magazine
Alternate Language Creative
I was presented with an interesting dilemma last week. An affiliate contacted me and pointed out that their visitor base consists mostly of non-English speaking users.
Of course we’re willing to accommodate this publisher. He’s excited about the program enough to ask for the creative that his visitors will understand and connect with. Now in this case the language in question was Spanish, which I don’t personally speak. So I gave the publisher the opportunity to give me the copy and we can work from there.
This makes me wonder how other affiliate managers deal with creating custom ads appealing to different demographics, languages, cultures, etc. Do they always create a few different versions of an ad for other demographics or take the requests in as they come? I guess it depends on their program and the types of publishers they have.
For the time being, I’m sticking with a case-by-case basis, although I know eventually it’ll need to be automated lest I go insane trying to appease these requests. I’ve said it many times before that everyone needs printing, in all languages, so eventually I can see the reach of our program extending across demographics. Eventually it would definitely be nice to come out of the gate with multiple versions of same ads. Networks, if you’re reading, you should work in a way to add different versions and not count against our total link count.
Alas, I’m betting that no one from any affiliate networks reads this so my plea will go unseen.
Read MoreQuote of the Day
Blessed is the man who, having nothing to say, abstains from giving us worthy evidence of the fact.
-George Elliot
But remember to speak up when you DO have something to say!
Quote of the Day
I personally think we develop language because of our deep inner need to complain.
– Jane Wagner
After a long weekend and a blogging break, I can’t say that I have anything to complain about. But go ahead and vent to me… I’ll listen 🙂
Read More
