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10 Things WalMart Teaches About Affiliate Marketing
We already know about wal mart because of their ads in local papers, on billboards, on the radio and TV. So finding a local Wal Mart is easy, andso should it also be easy to find your web site. Although you may not need to use radio and TVadvertisements, you should still use offline promotion such as business cards or direct mail. Naturally, youwant other web sites to put your billboard ad onto theirs. So that's our first lesson on how Wal Martcan teach us effective affiliate marketing. Now let's visit a Wal Mart store.
Once we arrive at Wal Mart, we enter a huge parking lot. Your web site must also enable a lotof visitors. If your site is on a slow server, you may be losing customers. That's lesson #2.
As soon as we enter Wal Mart, we are welcomed by a Wal Mart greeter. This greeter not only welcomes us to the store, butalso offers help in pointing out where to find what you're looking for. That's lesson 3a and 3b. Your siteshould welcome visitors and provide navigation to all the products and services you offer. You can dothis by simply including a graphic on your page that says "Welcome, Click Here to find what you're lookingfor" and have that link go to your site map.
Beyond the greeter is a wide path that branches out to different areas of the store with banners overhead that tell you whatyou can find in those areas. Your site map should consist of main links, as well as sub-links tocorresponding pages. Now we get to lesson 4, that each page of your site needs to have atopic, a main header, that defines what each page is about, as well as provide links, pathwaysto corresponding pages, because you'll notice that Wal-Mart arranges their store to groupproducts that are similar. The hardware section is near the automotive center, housewares arenear food items, lawn and garden items are near the hardware and pet supply areas, etc. Butyou can still get from one area to another.
As you browse the shelves, you see more than one type of item. If you're in the grocery section;for example, you'll see many different types of beans. Canned beans, dry beans, even beansfrom different companies. That's lesson #5. You should offer your site visitors more than onechoice. If your site offers auto loans, for example, offer your visitors new auto loans, used autoloans, even auto refinancing loans. And, you may want to offer them more than one choice foreach type of auto loan. Afterall, visitors came to your site because they are shopping around...so let them shop and choose from multiple options. Just remember not to stickcheese products in your automotive section!
Another thing you'll notice as you browse the shelves, which leads us to lesson #6... althoughthe shelves are stocked full, it's still easy to pick out your favorite can of beans. This is becausethe shelves are stocked neatly and orderly. The ads you put onto your site should also be neatand orderly. Mixing in tall banners with short banners and having banners for totally differentproducts and services can make shopping your site more difficult. For example, if you have apage about auto loans, you wouldn't want to put a tall auto loan banner right next to ashort casino banner. Instead, put a tall auto insurance banner next to the tall auto loan banner.
As you roam the store, you frequently encounter employess who can help you find items. This goesback to lessons 3a and 3b. Each page of your site should have a help link to your site map, or youshould have a site search.
Since Wal Mart makes it easy to find an employee to ask for assistance, that leads us to another lesson:Does you site offer customer service? Can visitors click on a button to ask you questions before theymake a decision? Or do they simply exit your site?
Lesson #7: How many times have you heard announcements in Wal Mart? They frequentlyannounce specials over their public address system. We are not suggesting that you force visitorsto endure slow loading sound files. But you can make sound an option. To see how you can usethis marketing option, go to www.geocities.com/pulsarmarketing
We have an example there on how you can offer your visitors the option to hear your audible promotion without forcing them to listen and making your pages load slow.All you have to do is create a wav sound file, and launch it by using a graphic or text linksuch as: "Click Here to listen to our promotion".
The personal touch of a person's voice on your site can help increase your conversions. Butdon't force the loading of sound files. Instead, use the method we recommend atthe URL below:
www.geocities.com/pulsarmarketing
Another thing you can do to tell your site visitors about specials or new products and services yoursite offers, is to offer them a free subscription to your newsletter. Now that we've toured Wal Mart and we're ready to make our purchase, we know our way to thecheckout counter because Wal Mart makes it easy for us. That's lesson #8. Your site needs to makeit easy for visitors to purchase. If you do not provide any of your own products or services and strictlyuse affiliate programs, you need to make sure your relevant banners and text links are at the top of the page,clearly and readily visible, to the people visiting that page.
When we arrive at the checkout counter, besides asking us if we want paper or plastic and if we willbe purchasing with cash or credit, the cashier asks if we found everything we needed. That's lesson#9. Make sure you offer your site visitors more options when they checkout. And, once again, if you do notdirectly sell your own products or services and you strictly use affiliate programs, you can offer yoursite visitors two links to click on: One link that opens the offer into a new window so the person may continuebrowsing your site after they are done applying or buying from your sponsor, and another link that simplygoes directly to the sponsor in the same window.
Think we're done learning from Wal Mart? No. After we make our purchase, and even after we go home,there's lesson #10... the return policy. If you sell your own products or services, you need to assureyour visitors that you stand behind what you sell, and make your return policy very clear. If you donot sell your own products and services, does your site have a way for customers to resolveproblems, or to ask pre-sale questions? If not, you may lose customers to sites that do provide online customer service.
10 things Wal Mart can teach about affiliate marketing was presented by Pulsar Marketing. For moremarketing tips, you can listen to the podcasts at http://www.pulsarmarketing.com/newsletter
MORE RESOURCES:
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Fox on TopMultichannel NewsSNL Kagan calculates FNC's affiliate revenue at $985.3 million in 2012, based on 82 cents per sub each month. “The network is getting strong monthly subscriber fee increases, up from 58 cents in 2009,” according to Baine, who projects average license ...and more » |
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It's time for Disney to cut ABC looseFortuneDisney (DIS) blamed the poor showing at ABC on lower affiliate revenue following the end of Oprah Winfrey's popular talk show and a decrease in political ad spending, as it was not an election year. While both may explain a decrease in revenue, ...and more » |
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Cruise line, theme parks propel Disney profitOrlando SentinelOperating income at Disney's media networks rose 12 percent for the quarter to $1.2 billion, as higher affiliate revenue at ESPN and the Disney Channel cable stations more than offset declines at broadcast station ABC. Operating income at Disney's ...and more » |
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