FeedFront Magazine, Issue 19

Page 30

Nicky Senyard

· Issue 19 · August 2012

I

f you are an affiliate marketer who is concerned about the future of online

retail, you are not alone. Economic downturns and controversial sales tax reforms mean affiliate marketers must consider how to grow their business online. And it is with reason; spending habits of consumers are more conservative during these times, as affiliates have already felt.

Emerging Markets– Where Can You ? t x e N Turn rd

y Senya by Nick

Target Target your presence by exploring geo-centric domain

This is when it is time to get creative and leverage

names and hosting in the targeted region. This type of

another set of opportunities not yet harvested: foreign

targeting has its pros and cons. For example, end users

markets. Diversification through markets outside the U.S.

from a region convert better from geo-centric domains;

is nothing new and may provide an opportunity for you.

however, this may not suit your branding and content ob-

As affiliate marketing continues to evolve, in terms of

jectives, thus not working in your favor.

competition among different types of affiliates, innovative

Also, depending on your target, you can include spe-

merchant products and services, industry technology, and

cific idioms and expressions in your list of keyword terms

tracking software, more industry members are witnessing

and phrases to better appeal to your foreign audience and

the need to tap into foreign markets.

increase conversions.

Here are a few steps for achieving diversification in your business to expand and grow beyond the United States.

Market penetration If English-speaking US-based internet users are al-

It all begins… Research the foreign market of choice to learn if you

ready your target audience, it may seem natural to direct your efforts to same language markets.

can introduce your own product or service there, or pur-

Countries like Canada, England, and Australia could

chase an established spinoff business. Evaluate what per-

be easy gateways to expand your affiliate marketing busi-

centage of your new target audience has internet access,

ness. However, note that each English-speaking country

how they pay online, and how they access online informa-

varies from the next and it’s important to learn how they

tion (web or mobile).

differ from one another.

This type of research can be done online or outsourced to assist in identifying the right campaigns to work with. Your research should focus on delving deeper into lo-

The good news is that thanks to a prolific American culture most English speakers don’t feel too alienated with American idioms.

cal search by cities and states/provinces to identify dif-

In non-English markets, you may consider joining forc-

ferences in a region. Explore the psyche of your foreign

es with a local business that already knows your target for-

audience, such as time spent online by device and their

eign market or getting a native speaking translator to assist.

research/shopping habits. This information can then set the stage for future geotargeted PPC and SEO campaigns.

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If you offer a multi-lingual site make sure you state the language variances in words, flags just isolate people from other countries that speak the same language. Nicky Senyard founded Share Results in 2004.


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