Affiliate marketing allows its marketers, or “affiliates,” to take their income into their own hands. This strategy is, in some instances, referred to as a form of “passive income” for those who endorse products. By this, we mean affiliates aren’t always actively selling to make money. They put their strategies in motion and any sales that come through their site drive income.
With social media advertising, you can forensically track engagements, and as such it is crucial to set clear goals. How will you define the success or failure of a campaign? How much are you willing to spend to win a customer? And remember, it is essential to connect your social media output to wider business aims (and ROI) from the get-go: if you don’t, social media can become a siloed platform, a form of brand waving with no real connection to the company as a whole.
With Facebook ads, you can identify new potential leads by defining your ideal customer through the ads platform. Then, Facebook allows you to serve your ad content to those who exhibit the same types of behaviors that your target audience does. As you drive more relevant traffic to your brand site, you can improve outcomes, no matter what your ad goals may be.