Affiliate Commission-Per-Call?
Could Affiliate commissions per phone call generated be a reality soon? RingRevenue recently completed a $3.5 Million round of series A financing and has partnered with Commission Junction to offer this service to CJ Advertisers.
“Pay-per-call marketing represents an enormous opportunity because 90% of the $300 billion a year U.S. advertising market is still offline,” said Mark Suster, partner at GRP Partners. “RingRevenue’s platform brings the visibility of online ad tracking to that much larger offline market.”
This is a development worth keeping your eyes on. Market research has shown that for every $1 spent online there is an additional $6 spent offline. It would be interesting if merchant landing pages that display prominent phone numbers (often a red flag for affiliates as a merchant worth avoiding) started to dynamically replace those phone numbers with affiliate trackable numbers to provide per-call commissions to those affiliates based on the average revenue per call of the company. I think it would still be difficult to 100% accurately track the commission per sale of these calls, but I guess with the right technology that prevents human error on the back end, this could be possible too. If we get that and a solid way to track the brick and mortar traffic, then affiliates might actually be compensated for all the transactions they are responsible for generating.
In a time where the industry if focused a lot about “attribution” and looking for ways to devalue the last-click, I think it’s important to keep in mind the other non-trackable sales that are not being attributed to your affiliate partners.
What does everyone else think?
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http://www.grpvc.com Mark Suster
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http://www.thinkingvoice.com Sean Wani
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http://stephanielichtenstein.com Stephanie Lichtenste
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Michael Cole
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http://www.experienceadvertising.com Evan
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http://www.imwave.com Adam Viener
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http://www.experienceadvertising.com Evan
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http://www.4renex.com/heating-ventilation.html Mattthew Zivkovic
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http://www.valueleads.com Earl Brown
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http://PartnerCentric.com Wade Sisson
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http://www.commissioncrusherreviewed.com Dan
