Affiliate Networks and Tracking Platforms, The Best of 2020. Part 8: Partnerize
In my exploration of the best affiliate networks and tracking platforms of 2020, we have looked at a variety of needs that brands need to consider when selecting the right technology partner to track actions and partnerships. Questions around attribution, partner fit, vertical expertise, available resources, and team support all frequently come up.
In today’s post, we are diving deeper into leading affiliate network and tracking platform, Partnerize!
A Brief History of Partnerize
Founded in 2010, Partnerize is a global partnership management solutions company that drives more than $7B in transactions and $600M in partner payments annually. The Partnerize Partnership Management Platform combines process automation, better tools for optimization and AI-powered insights for better results and outstanding brand protection.
From the beginning, the company’s vision has been to turn partnership into a major profit center. The Partnerize founders were affiliate industry veterans who recognized the enormous potential of partnership and affiliate to drive profitable business growth, but believed that the affiliate network model was outdated and ultimately limited the industry.
*Screenshot of the Partnerize Partner Management Platform
Partnership is an ideal growth engine for your brand because it not only offers automation and scale, but also built on a pay-for-performance model, giving you the operating leverage necessary to compete/thrive in today’s climate. These characteristics deliver great ROI and give you operating leverage versus CPM-based media channels that are increasingly expensive and dominated by just a few large tech companies.
While partnership has these great characteristics, it’s been inhibited from achieving its full potential as part of the marketing mix due to limited category knowledge and expertise, a challenge further exacerbated by legacy affiliate providers and their failure to innovate technology and educate marketers. With the Partnerize Partner Management Platform, the obstacles of manual workflows, limited options, missing data, and black boxes become relics of the legacy network model. Partnerize empowers you to eliminate those constraints with tools and technology that automate workflows, expertise to optimize performance, and a complete suite of brand safety and compliance capabilities to reduce fraud, protect your brand, and maximize return on media investment.
In order to better fulfill our vision and meet the needs of leading brands, Partnerize has acquired two businesses in 2020. In April, 2020, Partnerize acquired BrandVerity, the leading provider of search monitoring and web compliance solutions for the partnership and search industries. In July, 2020, Partnerize acquired Pepperjam, a leading technology and services provider in the affiliate industry in North America. By uniting these three businesses, Partnerize became an instant leader in the industry globally, and has significantly enlarged its client footprint in the United States and Canada.
The company now serves 1,750+ brands and 750,000+ partners in 218 countries and territories worldwide, and conducts business in 60 currencies. More than 1,000 leading retailers, 27 of the World’s top 100 brands, 12 international airlines, 10 of the largest telecoms, and hundreds of other global brands rely on Partnerize solutions to drive and manage more than $7B in partner sales and $600M in partner payments every year.
The original name for Partnerize was Performance Horizon Group. In 2018, the company rebranded to a trading name of Partnerize to better reflect its focus and vision.
Key Features and Capabilities
*Screenshot from the Partner Discovery Suite
Partnerize automates and streamlines all aspects of partner management, provides transparency into partner performance, and enables marketers to optimize for more profitable growth through rich data access. Here’s a summary of how Partnerize improves efficiency and performance:
- Discovery/Recruitment: Partnerize automates the time-consuming and error-prone processes of partner recruitment. All active partners are individually analyzed with machine learning to identify core strengths and “fit” with specific categories/brands. Our AI engine then makes recommendations for each individual client and provides an in-platform email communications suite to facilitate easier recruitment. In addition to these recommendations, clients and partners can explore the ecosystem on their own to recruit new partners and apply to programs.
- Management: Partnerize enables brands to commission to their specific KPIs. Our platform can accommodate many different commissioning approaches including split commissioning, bonus commissioning, escalating commissioning based on basket value, LTV-based commissioning, temporary price reductions, commissioning by region, partner class, and specific partner, and booked versus consumed commissioning. We can also manage redemption and fraud protection for offline vouchers and coupons redeemed online.
- Tracking: We offer a variety of tracking approaches and options for both PC-based and mobile traffic and transactions. For the web, we offer “ITP-proof” server-to-server tracking as well as methodologies based on 1st-party cookies and batch processing. For mobile, we offer a suite of free tracking solutions for mobile web and mobile apps, including our own SDK, server-to-server, and integrations with third-party attribution tools including Appsflyer, Adjust, Branch, and Kochava. We offer unlimited first-party data collection, including the ability to append any event or conversion with important basket-level data.
- Reporting: We offer the industry’s most flexible reporting suite so that you can get unprecedented insight into the particular needs of your business. In addition to prefab reports, you can review data based on any parameter, including any data points (e.g., size, color) they collect. You can also model profitability of individual partners and calculate partner scores that reveal their value to the business. Using this, brands shed unprofitable partners and focus time and resources on those partners that are more revenue- and profit-accretive.
- Protection: Partnerize offers a comprehensive fraud detection and prevention suite that uses AI and machine learning to analyze all of your data in order to surface instances where results seem suspicious. We have also acquired and offer BrandVerity, the leading solution provider for search monitoring and brand compliance solutions to protect brands from trademark infringement, regulatory risk, and bad actor partners.
*Screenshot of the Fraud Suite in the Partnerize Platform
- Pay: We offer an automated payments system that enables you to compensate an unlimited number of partners, in the currency they prefer, all from a single invoice for your Finance department. We deliver payments to partners in any of 220 countries and territories – more than any other provider. Plus, we make payment runs on every business day rather than once or twice a month like other vendors. We also help you manage the myriad tax regulations in different countries, including the most complex countries (China, USA, Brazil, and India.)
*Screenshot from the Payments Suite in the Partnerize Platform.
Advantages and Benefits
Our Value Proposition: Industry-Leading Software Plus Available Services
Partnerize offers agencies and brands a unique combination of powerful software and available, configurable services. In the past, our industry has offered you two choices: outsourced service providers like the legacy networks, and DIY software tools. The challenge with the former is that you don’t get the control, transparency, automation, and data-access you need to drive the best possible results. It also had the tendency to edge agencies out of the management role because of the one-size-fits all support model. The challenge with software-only solutions is that you or your agency are on your own, without the expert guidance you may need to get the best results from the platform.
Partnerize offers the best of both worlds. For agencies and brands, we offer the industry’s most advanced tech platform coupled with available, configurable services to suit your agency and/or internal team. Our goal is to make it easy for agencies and brands to get whatever support they need from a team of Partnerize experts. The intent here is to support according to the wishes of the agency and brand.
Other Key Differentiators
Any Form of Partnership: Unlike affiliate networks, Partnerize is designed to enable you to track, measure, and pay any type of performance partner, including affiliate, influencers, premium content publishers, referral programs, loyalty schemes, card-linked offers, and even brand-to-brand alliances. This makes partnership more efficient and enables you to scale the channel into a true profit center for your brand.
See how Partnerize defines and supports the entire partnership channel.
Process Automation: Partnerize Partner Management Platform simplifies and streamlines many of the manual and error-prone tasks of partnership, to make your agency or internal team more efficient and to free up time for more strategic work.
Enterprise Capabilities: Many affiliate and partnership solutions were built to support SMB customers. They offer simple tools, but very limited capabilities. By contrast, Partnerize delivers the industry’s most feature rich platform with these specific advantages for enterprise businesses:
- AI-Powered Partner Discovery and automation
- Ability to commission to any KPI (new versus existing, AOV, LTV, split commissioning, etc.)
- Ability to track all traffic and conversions from any device and in-apps and append all tracking with unlimited parameters (e.g., size, color, brand, SKU, class of service)
- Ability to track offline coupons and vouchers
- Industry’s most flexible reporting
International Capabilities: Partnerize operates in 220 countries and territories worldwide. Most affiliate networks and tech providers are focused on a single country or, at most, a few key markets. Working with Partnerize, you can manage and grow your program virtually anywhere in the world, without having to rely on multiple providers or cobbled together reporting. In addition to platform availability in 28 languages and tech support available in 80 languages, we offer a payments solution that can deliver money to partners virtually anywhere in the world.
Industry and Category Focus
*Screenshot of the Creative Suite in the Partnerize Platform
Partnerize works with more than 1,750 brands worldwide. The top categories we serve are Retail, Travel, Telecom, Finance, Subscriptions, and DTC. We generally do not publish specific client lists, but here are some statistics on brands that use Partnerize solutions:
- Top 100 Brands: 27 of the world’s top 100 brands
- Retailers: More than 1000 leading online and brick and click retailers including 4 of the top 5 retail chains
- Tech Companies: 3 of the top 4 tech companies
- Travel: 12 leading airlines, more than 40 hotel brands, and more than a dozen OTAs
- Telecom: 10 leading global telecoms
To learn more about our services to Retailers, watch this two-minute video:
To learn more about our services to Travel Companies, watch this two-minute video:
To learn more about our solution for Financial Services companies, watch this two-minute video:
Publisher Relationships
The Partnerize Partnership Management Platform is designed to accommodate any type of performance partnership.
* Screenshot of the Partner Discovery Suite in the Partnerize Platform.
This means you can use a single platform to manage a broad range of partners. Our company works with more than 750,000 partners including:
- Traditional Affiliates: All classes of traditional affiliate partners, including the leading affiliates in major markets worldwide.
- Premium Content Publishers: Partnerize is unsurpassed in integrations with leading premium content publishers worldwide. This class of partner is the fastest growing on our platform in terms of publisher counts and revenue growth.
- Influencers: Partnerize accommodates the influencer programs of many brands, and also has pre-built integrations with leading influencer platforms (e.g., Sideqik, Zine) for those brands that want to combine performance reporting with traditional social-centric influencer metrics.
- Card-Linked Offers: We work with leading providers in North America, EMEA, and APAC in this fast-growing partnership sector.
- Ambassador/Loyalty Programs: A number of clients leverage Partnerize to manage and compensate their networks of employees, brand ambassadors, and loyalists.
- Leading Brands: Dozens of leading brands leverage Partnerize to simplify forming and executing brand-to-brand alliances worldwide.
Partners that work with Partnerize gain access to hundreds of exclusive campaigns and our advanced technology platform that makes earning commissions and getting paid faster and easier.
Platform Advantages for Partners
Our platform offers powerful benefits for Partnerize partners.
- Partner Team: Dedicated partnerships team for training, support and growth ideas
- Recruitment: Partnerize Brand Discovery tools that make it easier to find and join campaigns
- Relationships: Ability to form direct relationships with brands versus working through network middlemen.
- Intelligence: Richer data and insights for targeting and performance optimization
- Faster Payment: Money in their bank accounts within 24 hours of client authorization
- Priority Support: Partner tech support has the same priority as for paying clients
Attribution Capabilities
*Screenshot of the Campaign Management Suite in the Partnerize Platform
Partnerize helps clients perform two varieties of attribution based on their needs.
In-Channel Attribution: Some companies are focused on ensuring that all partner touches are understood/compensated in the customer journey. Many people don’t realize that often there are multiple partner touches in an individual customer journey. In partnership we generally talk about three kinds of partner touches – initiating, contributing, and converting. Initiating describes the first partner touch in a customer journey. Contributing describes all partner touches between the first and the last. Converting refers to the final partner touch before conversions.
The Partnerize platform accommodates first-touch, last-touch, and rules-based multi-touch (split) commissioning/attribution. We also enable clients to override split commissioning for leading partners that do not accept partial credit for conversions. In addition, the Partnerize platform enables commissioning on any “metadata” so as to deliver on precise brand KPIs.Partnerize reporting offers multi pivot capabilities to understand customer journeys on an individual or aggregate basis.
Multi-Channel: Many brands have purchased or developed multi-touch attribution toolsets to gauge the impact of different channels on customer journeys.
Unfortunately, many brands that still use networks cannot deliver sufficient data to these tools in a timely manner, so partnership and affiliate are not part of the analysis. That makes it difficult for partnership teams to advocate for additional budget and make partnership a profit center for their businesses.
Partnerize makes it easy for you to port data and insights into multi-channel attribution tools. We are an API-first platform and offer complete API documentation to make it easy to incorporate your partner data into company tools and BI systems.
Partnerize Owned Companies
Partnerize has made two major acquisitions in 2020, in order to fulfill its mission of turning partnership into a profit center for brands.
In April 2020, Partnerize acquired BrandVerity, the leading provider of search monitoring and brand compliance protections for the partnerships industry. The acquisition of BrandVerity enables Partnerize to offer these solutions to all clients worldwide. They represent a key part of our brand protection offerings, in addition to AI-powered fraud detection and prevention.
In July, 2020, Partnerize acquired Pepperjam, a leading affiliate management tech platform and services provider in North America. Pepperjam is a leading provider of affiliate technology to the retail sector, supporting more than 1,000 top retailers.
The combination of the companies’ technology platforms and service expertise empowers brand leaders to maximize business growth from partnerships, diversify their revenue streams, and offset escalating costs in primary sales and marketing channels. The combined business will serve more than 1,750 enterprise and mid-market clients worldwide, driving more than $7B in transactions via their relationships with an ecosystem of 750,000+ partners, including 250,000+ influencers.
To learn more about Partnerize or request a demo, please click here.