article thumbnail

How to Create a Winning Referral Program That Works

Strategy Driven

This is also a useful metric to consider when you want to measure the overall effectiveness of your campaign. If you are selling a unique product or service, you may want to consider using a different approach. You mustn’t only sell or give away a product or reward. How to Create a Winning Referral Program.

How To 68
article thumbnail

The Online Ad Scams Every Marketer Should Watch Out For

Harvard Business Review

Here too, standard metrics indicate that the campaign works. Paying for Affiliate Sales That Would Have Happened Anyway. Affiliate marketing is supposed to align incentives perfectly, paying only for success — like a 10% commission if a user actually buys a given product, but zero for impressions and clicks.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Go Ahead, Take a Failure Bow

Harvard Business Review

Some smart organizations are helping their people make failure not only productive, but also fun. At their "Monday Metrics" meeting, a campaign director might say, "This campaign didn''t work, is it time to give it a joyful funeral?" One example was an affiliate marketing program. Here''s how it works.

article thumbnail

It's Not All About Growth for Social Enterprises

Harvard Business Review

If you ask venture capitalists in Silicon Valley how they measure the success of business entrepreneurs, they would no doubt list off metrics having to do with fast growth: funding raised, people hired, customers acquired, revenue produced. The assumption is that company growth is good. I'm not sure either frame is right.