Over the coming months it is safe to assume many advertisers will be tightening their belts and reducing or even halting their media spend. When times are hard it is often the marketing budgets which are the first to go, with companies focussing on maintaining, rather than growing their operations.
However, when affiliate marketing is done correctly, it should be guaranteed return on investment, with zero risk to the merchant company. So if you were a marketer, looking for the best place to spend your budget in a time of uncertainty and increasing pressure to perform, where would you turn?
The volume of business is never going to be on the same scale as other media channels but when you are just looking to cut costs and keep a business ticking over that isn’t necessarily going to be your biggest concern. So maybe affiliate marketing is going to see a bumper period as the recession continues. It is certainly a good time to be pushing the “no risk” message that only really affiliate marketing can truly tout. Before jumping in feet first however you must ensure you have a sound affiliate strategy and the correct quality assurance system in place to ensure you avoid some of the common pitfalls associated with affiliate marketing.
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