CJU Course: Kerri Pollard – It’s All About Growth
Of course, at every CJU the general manager of the company has to give an encouraging “state of the company” type speech. This year it was all about growth.
- Kerri Pollard, General Manage, Commission Junction (@kerripollard)
I really enjoyed the statistics Kerri shared, despite her saying she wasn’t a numbers person. Neither am I, but these were very “feel good” numbers for current CJ publishers and advertisers.
Bullet Point Review!
- Unless you were a coupon publisher, growth was hard in 2009.
- $1.9 billion spent on affiliate marketing in 2009 – it’s estimated to be $4 billion in 2014.
- Online advertising has tripled.
- Affiliate marketing is growing faster than other advertising types.
- 28% of consumers’ time is spent online, but online advertising is typically only 13% of a company’s marketing budget.
- E-commerce sales are still only 3.8% of total retail sales.
- 62% of adults shopping online seek out a coupon before purchasing.
- Old Spice was the most viral campaign in 2010.
- Twitter is seeing 90 million tweets per day.
- 63% of online retailers that use a 3rd party advertising tracking solution, use CJ.
- Bed, Bath, & Beyond is the newest big-box retailer to come to CJ.
- CJ has seen a 40% increase in advertisers over the last 12 months.
- Publishers need to generate $10k/month in commissions for 3 straight months to qualify for CJ Performer status.
- Monthly income doubled on average after publishers become a CJP.
- There’s a new “Get Links” area, in beta right now.
- Advertisers supporting direct linking are clearer.
- There’s additional filtering options.
- Everyone at CJU now has access to the new “Get Links” area.
- CJ has seen a 24% increase in publisher relationships over the last 12 months.
- Affiliate marketing is now retailer’s first stop instead of their last stop.
- CJ feeds product helps advertisers fix data feeds and also works with 200+ comparison shopping engines.
- CJx beta takes care of finding advertisers, getting approved, finding products, and managing links for the publisher (name is temporary).
- CJ media is more short term campaigns (like an internal CPA network).
- 10 largest publishers on CJ experienced 50% year-over-year growth in Q2.
- 20 largest advertisers on CJ experienced 26% year-over-year growth in Q2.
CJU 2010: Daniel Pink Keynote
Well I returned from CJU on Friday, and I have notes! Unfortunately, my alarm clock failed me and I missed the vast majority of Daniel Pink’s keynote. I saw part, and I took some notes for you, and I’m grossly disappointed that I missed it.
Bullet Point Review!
- DIY performance review works best.
- People do better if they feel like what they do matters.
- Autonomy – Mastery – Purpose
- Sometimes we obsess over how people do stuff when they don’t focus on why.
- When you pair the profit motive & the purpose motive, great things happen.
- Have a purpose bigger than your product.
Commission Junction University Registration Open
That’s right, registration is now open for 2009’s Commission Junction University, September 15-17 in Santa Barbara, CA. This network-hosted event is a prime opportunity to meet your colleagues in the affiliate marketing space and to network with affiliate managers and affiliates. I attended last year’s CJU and had a great time meeting some great people.
Early bird registration is open through June 30th, giving you $100 off the $995 price tag. In this economy, saving anything is better than nothing so book early! Once again, CJ will be hosting the event at the beautiful Hilton Santa Barbara Beachfront Resort, right there on the ocean. The view is simply stunning, I have to admit. And while staying at the Fess Parker might not be in your reasonable budget, be sure to stay nearby and don’t make the mistake I did last year. I figured staying at a lower cost motel just 7 miles away would be okay, and in terms of the motel it was fine, but the cab ride to the Fess Parker was a painful $25. So staying nearby will definitely help your sanity and pocket book!
I believe I’ll be in attendance, though I don’t want to make any plans just yet. After last year’s plane issues (flying from OAK to LAX to SBA, then from SBA to PHX to OAK) I think I might take the opportunity to drive down this time. Hope to see you there!
Read MoreCommission Junction University – Day 1
I’m down here in lovely Santa Barbara for Commission Junction University, and day one is in the can. The weather has been nice…although living in California I’m generally used to this weather, but being in the Southern end of the state there’s a distinctly different feel that I can’t quite put my finger on. But I enjoy it.
I flew from Oakland to Los Angeles on a puddle jumper, and from Los Angeles to Santa Barbara on a pack of gum. Between flights and layovers and cab rides, I arrived at my motel at 12:15am. The room is your average motel fare: 70’s floral bedspread, translucent yellow cords on the lamps, inmate furniture. The room also has a mini fridge, microwave, nicely sized TV, free wifi, and a surprisingly comfortable bed & pillows – not too shabby for $77/night. This makes me glad I’m staying at a real hotel for Blog World Expo this coming weekend.
Because of the high cost of cab fare ($25+), once I got the conference hotel I didn’t want to leave until the end of the day. I ran into Lisa Picarille and Wade Tonkin almost immediately in passing after I registered and headed to the first session, which I’ll cover later. Jeremy Palmer from Quit Your Day Job lead the first “course” as CJU calls them, and Olivier Chaine from Magnify 360 led the second. On a personal note, I read his name in the program and knew the pronunciation would be something like “o-live-e-ay shayne” and was confused when the emcee pronounced it very phonetically (olive-er chain). I was disappointed in CJ when Olivier pronounced his own name at the end of his session much like I’d imagined it was properly pronounced…if you’re going to introduce someone, learn how to pronounce their name.
I digress. Both courses were informative and well done, and I’ll be posting a bullet point review of both later on. After the courses were done I took a quick break and then headed out to the CJU Expo, a small area of tables nicely held outside under umbrellas that more closely resembled the Meet Market at Affiliate Summit than your typical trade show. It was mostly merchants and different CJU programs with tables, with the exception of an OPM (Schaaf Consulting), a couple affiliates (SurfMyAds.com), and a table for the Performance Marketing Alliance.
It’s a good thing I saw that PMA table, because it made it easy to run into some familiar faces in the form of Connie Berg & Brad Waller. Also was able to say hello to Michael Brucker from RingCentral at their table, one of the organizers of the BAAMC whose quarterly meetings I attend. (By the way if you’re an affiliate manager with a company in the SF Bay area interested in getting involved and possibly hosting about 20-25 ppl for lunch some day, let Michael know).
After the expo it was zoo time with the welcoming event being held down the street at the Santa Barbara Zoo. As much as I wanted to go, my phone was practically dead for some reason and my stomach was a bit upset, so I opted to head back to my motel. Tomorrow is a day full of sessions that look pretty good, and a keynote from Guy Kawasaki…who I think may literally be giving me the nifty orange Alltop shirt off his back afterwards. More about that if/when it happens 😉
Early Bird Pricing for CJU Ends June 15
One of the leading affiliate networks (which the PsPrint program is also on), Commission Junction, is hosting their annual CJU (Commission Junction University) event September 16th – 18th in Santa Barbara, CA. This event is a chance for publishers and advertisers to meet face to face and talk about the issues facing the industry and ways of improving affiliate relations.
This year’s event has built in more networking time than any CJU before it. The organizers listened intently to the feedback the received last year wanting more chances to socialize with fellow industry professionals. This year’s keynote is Guy Kawasaki, former chief evangelist at Apple and current managing director of Garage Technology Ventures. It should be a good talk from someone with plenty of experience in the tech industry.
Personally, I’ve heard mixed reviews from industry insiders on this event, but hopefully so have the organizers and they’ve taken those reviews into consideration as well. The early bird pricing ends on June 15th, so now until then you can save $100 by registering now. More details can be found at http://cju.cj.com/events/. I’ve been told that the hotel books up quickly, so don’t wait. I’m still poking & prodding to see if we’re going!
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