Onboarding Affiliate Marketing Partners Using Partner Management Software

Published: Oct. 25, 2022, 3:28 p.m.

b'It is an exciting time to be in the world of partner management. As the worldwide GDP grows and more advanced technology proliferates, go-to-market motions are being rethought constantly. Who would have thought a decade ago that Instagram would be a major influencer platform and companies would invest billions in promoting their brand ambassadors? Today\\u2019s partner management (PRM) \\xa0software is a part of that economic evolution, and a state-of-the-art PRM platform can enable seamless management of various partner types, including influencers and affiliate partners. In this article, we will explore what affiliate marketing is and how partner management software can help organizations onboard these types of partners.\\n\\u201cAffiliate\\u201d is a term that has been around for centuries. The word comes from the Latin stem affiliare, meaning "to adopt." From a marketing perspective, affiliate refers to a person or an organization that is associated with your brand and willing to promote that brand to their customer base. In consumer marketing, affiliates have traditionally been celebrities, but over the past several years we have seen the rise of YouTube, Instagram, TikTok and Twitter influencers. Every country has their influencers, but the specific social media platforms that are most widely used by influencers tend to vary by country or region. Influencers can have a huge follower base and, depending on their specific focus and the size of their audience, may provide enormous value to brands by reaching a loyal base in a much more targeted way than traditional mass marketing is able to do. Today, there is partner management software in the marketplace that focuses exclusively on consumer affiliate marketing and management.\\n\\nWhen it comes to businesses, affiliates tend to be individuals who are consultants or experts in a specific domain; technology bloggers are great examples of that. However, the majority of affiliates tend to be smaller organizations or individuals who consult with and/or support their client base in various aspects of a solution, rather than carrying a product to resell. The primary difference between a B2B affiliate and a reseller is that the latter not only promotes a brand and finds a customer, but also actually completes the transaction. Affiliates, on the other hand, tend focus on promoting a brand and finding prospect buyers rather than completing a transaction. However, in many cases a partner may be both \\u2013 an affiliate as well as a transacting partner. There are a handful of companies today providing partner management software that can manage both affiliates and transacting partners. ZINFI is a leader in both areas.\\n\\nGiven this context, if you are thinking about automating your onboarding workflows, you should take some time to think through what you need from your partner management software. To make your onboarding highly personalized and adaptable, here are the capabilities you\\u2019ll need from your partner management software:\\n\\n \\tGroups and Profiles \\u2013 You must be able to create access rights to your partner portal based on whether the partner is an affiliate, a reseller or both. Your groups and profiles capabilities will need to address partners\\u2019 specialization, which countries they are coming from, their medallion status or their status in a point-based system. Unless you have partner management software that allows you to manage groups and profiles in a highly granular way, you will not be able to adequately manage a mixed channel environment with both resellers and affiliates.\\n \\tPrograms \\u2013 We have noted in other articles that onboarding programs may vary greatly based on who you are onboarding and how you are onboarding. If you are onboarding an existing partner into a new program, then you have one set of workflows, which may be shorter and focused, but if you are onboarding a new partner into the company, then your onboarding program needs to be quite comprehensive.'