{"id":5011,"date":"2020-06-03T15:42:46","date_gmt":"2020-06-03T19:42:46","guid":{"rendered":"https:\/\/referralrock.com\/hub\/?page_id=5011"},"modified":"2024-04-30T13:57:12","modified_gmt":"2024-04-30T17:57:12","slug":"affinity-marketing","status":"publish","type":"post","link":"https:\/\/referralrock.com\/blog\/affinity-marketing\/","title":{"rendered":"What Is Affinity Marketing? Definition and Strategies for Success"},"content":{"rendered":"<p>What is affinity marketing, and how can it help your business grow?<\/p>\n<p>Affinity marketing is one of the most beneficial types of marketing for businesses looking to expand through partnerships. We\u2019ll break down how affinity marketing can grow your audience through strategic partnerships, and share affinity marketing strategies and tips your business can use.<\/p>\n<h2>Affinity marketing definition: What is affinity marketing?<\/h2>\n<p>Affinity marketing is a type of marketing that involves a mutually beneficial partnership between two brands. It is sometimes also called co-marketing, co-branding, or <a href=\"https:\/\/referralrock.com\/blog\/partner-marketing\/\">partnership marketing.<\/a><\/p>\n<p>In affinity marketing, a business teams up with another related (but non-competing) brand to offer products, services, or other benefits to both their target audiences. This marketing carries the branding of both businesses, and puts each one in front of a whole new market. This helps each business <a href=\"https:\/\/referralrock.com\/blog\/brand-awareness\/\">increase brand awareness<\/a> and grow their customer base. It&#8217;s a win-win!<\/p>\n<div class=\"su-note\"  style=\"border-color:#d7dcda;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#F1f6f4;border-color:#ffffff;color:#333333;\">Affinity marketing is completely different from brand affinity. If you\u2019re looking for information about brand affinity, <a href=\"https:\/\/referralrock.com\/blog\/how-to-create-brand-affinity\/\">check out this article<\/a>.<\/div><\/div>\n<h2>Affinity marketing examples<\/h2>\n<p>You\u2019ve probably seen brands use affinity marketing techniques many times before, and likely without realizing it. Here are some examples of affinity marketing campaigns from specific brands.<\/p>\n<ul>\n<li>Taco Bell has partnered with Doritos to offer <a href=\"https:\/\/www.tacobell.com\/food\/tacos\/nacho-cheese-doritos-locos-tacos-supreme\" target=\"_blank\" rel=\"noopener\">Doritos Locos Tacos<\/a> menu items at Taco Bell locations.<\/li>\n<\/ul>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-29286 aligncenter\" src=\"https:\/\/referralrock.com\/blog\/wp-content\/uploads\/2020\/06\/doritos-locos-tacos.jpg\" alt=\"doritos locos tacos\" width=\"679\" height=\"509\" title=\"\" srcset=\"https:\/\/referralrock.com\/blog\/wp-content\/uploads\/2020\/06\/doritos-locos-tacos.jpg 800w, https:\/\/referralrock.com\/blog\/wp-content\/uploads\/2020\/06\/doritos-locos-tacos-300x225.jpg 300w\" sizes=\"(max-width: 679px) 100vw, 679px\" \/><\/p>\n<p style=\"text-align: center;\">Source: <a href=\"https:\/\/www.flickr.com\/photos\/zombieite\/6871486668\" target=\"_blank\" rel=\"noopener\">Zombieite<\/a> on Flickr\/<a href=\"https:\/\/creativecommons.org\/licenses\/by\/2.0\/\" target=\"_blank\" rel=\"noopener\">(CC BY 2.0)<\/a><\/p>\n<ul>\n<li>Disney has partnered with Lyft to offer a <a href=\"https:\/\/disneyworld.disney.go.com\/guest-services\/minnie-van-service\/\" target=\"_blank\" rel=\"noopener\">Minnie Van Service<\/a>, to help families get around the Walt Disney World resort area.<\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"size-full wp-image-29287 aligncenter\" src=\"https:\/\/referralrock.com\/blog\/wp-content\/uploads\/2020\/06\/lyft-minnie-van.png\" alt=\"lyft minnie van\" width=\"471\" height=\"512\" title=\"\" srcset=\"https:\/\/referralrock.com\/blog\/wp-content\/uploads\/2020\/06\/lyft-minnie-van.png 471w, https:\/\/referralrock.com\/blog\/wp-content\/uploads\/2020\/06\/lyft-minnie-van-276x300.png 276w\" sizes=\"(max-width: 471px) 100vw, 471px\" \/><\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/disneyworld.disney.go.com\/minnie-van\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n<ul>\n<li>Credit card company Chase teamed up with British Airways to offer a <a href=\"https:\/\/creditcards.chase.com\/travel-credit-cards\/avios\/british-airways\" target=\"_blank\" rel=\"noopener\">British Airways branded Visa card,<\/a> available exclusively to Chase customers. Using the card earns members Avios reward points for future British Airways flights, and simply opening the account awards immediate British Airways benefits.<\/li>\n<li>Red Bull and GoPro are both brands associated with high-adrenaline adventures. In 2012, Red Bull partnered with GoPro to support a record-breaking skydive from a balloon. Red Bull sponsored the attempt, and the skydiver wore a GoPro camera to capture his jump.\u00a0Years later, the two brands formed a lasting partnership for Red Bull extreme sports events, such as the Red Bull Rampage, where only GoPro cameras are used to capture athletes\u2019 <a href=\"https:\/\/gopro.com\/en\/us\/news\/gopro-and-red-bull-form-exclusive-global-partnership\" target=\"_blank\" rel=\"noopener\">point-of-view shots<\/a> at these events.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=Aec4uWBZoNQ\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"wp-image-22065 aligncenter\" src=\"https:\/\/referralrock.com\/blog\/wp-content\/uploads\/2020\/08\/red-bull-go-pro-strategic-alliance-example.jpg\" alt=\"red-bull-go-pro-strategic-alliance-example\" width=\"728\" height=\"463\" title=\"\" srcset=\"https:\/\/referralrock.com\/blog\/wp-content\/uploads\/2020\/08\/red-bull-go-pro-strategic-alliance-example.jpg 1000w, https:\/\/referralrock.com\/blog\/wp-content\/uploads\/2020\/08\/red-bull-go-pro-strategic-alliance-example-300x191.jpg 300w\" sizes=\"(max-width: 728px) 100vw, 728px\" \/><\/a><\/p>\n<h2>Affinity marketing strategies and best practices<\/h2>\n<p>Now that you understand what affinity marketing is, and have seen some affinity marketing examples from today\u2019s top brands, let\u2019s break down the major affinity marketing strategies and best practices you\u2019ll need to follow to start an affinity marketing campaign.<\/p>\n<h3>1. Choose the right partner for mutual benefits<\/h3>\n<p>All affinity marketing efforts are meant to offer value to both parties, and give both parties something to gain. So when forming an affinity marketing partnership, you\u2019ll need to choose your partner carefully.<\/p>\n<p>Think back to some of the partnerships we listed as affinity marketing examples. Why have they worked so well?<\/p>\n<p>The Red Bull\/GoPro partnership, for example, was a success because both brands have\u00a0 similar adrenaline-seeking audiences. Now, thanks to affinity marketing, both brands have an even stronger association with high-level thrills.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-29288 aligncenter\" src=\"https:\/\/referralrock.com\/blog\/wp-content\/uploads\/2020\/06\/red-bull-and-gopro.jpg\" alt=\"red bull and gopro\" width=\"467\" height=\"312\" title=\"\" srcset=\"https:\/\/referralrock.com\/blog\/wp-content\/uploads\/2020\/06\/red-bull-and-gopro.jpg 512w, https:\/\/referralrock.com\/blog\/wp-content\/uploads\/2020\/06\/red-bull-and-gopro-300x200.jpg 300w\" sizes=\"(max-width: 467px) 100vw, 467px\" \/><\/p>\n<p style=\"text-align: center;\">Source: <a href=\"https:\/\/www.flickr.com\/photos\/160866001@N07\/45097594451\" target=\"_blank\" rel=\"noopener\">Marco Verch<\/a> on Flickr <a href=\"https:\/\/creativecommons.org\/licenses\/by\/2.0\/\" target=\"_blank\" rel=\"noopener\">(CC 2.0)<\/a><\/p>\n<p>Doritos and Taco Bell both have the same target market: young audiences who are looking for quick, inexpensive snacks (not healthy food). It\u2019s likely that those who enjoy Doritos would also enjoy something from Taco Bell. Both are food companies, but each normally distributes their products in a different way, and Taco Bell\u2019s meals don\u2019t directly compete with Doritos\u2019 snacks. With this alignment, the Locos Tacos partnership makes sense.<\/p>\n<p>Make sure both of your brands relate well to each other and will mutually benefit. The affinity partnership needs to make sense and offer an incentive for both brands involved.<\/p>\n<p>Here are some points to keep in mind when considering affinity marketing:<\/p>\n<ul>\n<li>Choose a partner who has a similar audience and\/or is in your broader industry, but doesn\u2019t directly compete with you.<\/li>\n<li>Partner with a brand that your customers would genuinely be interested in and benefit from.<\/li>\n<li>Make sure <a href=\"https:\/\/referralrock.com\/blog\/brand\/\">your brands<\/a> \u2013 the ways you each present yourself \u2013 complement each other. You don\u2019t want to partner with a brand whose values or image clashes with yours.<\/li>\n<li>Consider the value each brand brings to the partnership: Growth of your customer base or membership base? Increased social media following? Exposure to an audience that hasn\u2019t heard of you before?<\/li>\n<li>Offer something to the other brand\u2019s audience that they can\u2019t on their own. And vice-versa \u2013 what can the other brand offer to your audience?<\/li>\n<\/ul>\n<h3>2. Plan a strategic partnership<\/h3>\n<p>Once you\u2019ve chosen the right partner, and you\u2019ve agreed on what your <a href=\"https:\/\/referralrock.com\/blog\/strategic-alliance-examples\/\">strategic alliance<\/a> or partnership will involve, you now need to agree on detailed goals for the partnership. Make sure these goals are specific and measurable.<\/p>\n<p>Examples of detailed goals you could set include:<\/p>\n<ul>\n<li>Increase leads from a specific audience demographic by X%<\/li>\n<li>Increase purchases from a specific audience demographic by X%<\/li>\n<li>Increase social media following by X%<\/li>\n<li>Increase brand awareness, measured by an increase in website or social media visitors<\/li>\n<\/ul>\n<p>Then, you need to agree on how the co-branded effort will be presented and marketed. Create a plan for the specific marketing messages and channels you\u2019ll use, as well as the timeline for the campaign.<\/p>\n<p>It\u2019s important to also share your respective brand guidelines and rules for using each other\u2019s brand image. This keeps everyone aligned with what\u2019s allowed when promoting the campaign.<\/p>\n<p>And finally, create a written agreement that outlines what is expected of each brand in the partnership.<\/p>\n<h3>3. Communicate smoothly with your partner<\/h3>\n<p>Affinity marketing campaigns are two-way streets. You\u2019ll need to set up effective communication methods to convey important information and make decisions in real time. Make sure you\u2019ve set up ways to ask any questions or stay in touch throughout the partnership.<\/p>\n<p>For the most effective marketing, it\u2019s also essential for both brands to access files and other digital assets needed for the campaign. For example, a partner portal can help organize everyone\u2019s assets all in one place. <a href=\"https:\/\/referralrock.com\/blog\/prm-software\/\">PRM (partner relationship management) software<\/a> also has specific features that help to monitor your partnership. These features include partner portal creation, partner onboarding, protected asset storage, and tracking of sales generated in the partnership.<\/p>\n<p>A best practice would be to\u00a0 set up dedicated times to check the status of the campaign together, and to make sure each partner is truly benefiting from the relationship.<\/p>\n<h3>4. Test and tweak your campaigns together<\/h3>\n<p>Marketing campaigns are never something you should just leave be. Rather, you need to track key engagement metrics closely so you know how successful the campaign is with your audience.<\/p>\n<p>The same is true with affinity marketing campaigns. However, tracking the success of affinity marketing campaigns is a bit different because of the partnership element. Just as you and your partner need to set campaign goals together, you also need to agree on the KPIs you plan to track across different channels to see how well you\u2019ve achieved your goals.<\/p>\n<p>Then, you both need to track the success of your campaigns on your respective channels (and share the results with each other). To save time when performing affinity marketing campaigns, it\u2019s often best to use an automated tracking method, such as a CRM or<a href=\"https:\/\/technologyadvice.com\/lead-management-software\/\" target=\"_blank\" rel=\"noopener\"> lead management tool.<\/a><\/p>\n<p>Based on the data you\u2019ve each collected, you can mutually decide on the next direction for your campaign. For a successful affinity marketing campaign, it\u2019s important that any decision on how to tweak the campaign must be mutual and data-driven.<\/p>\n<h2>Wrapping things up<\/h2>\n<p>Affinity marketing involves a mutually beneficial partnership between two brands. It enables each brand to reach a new and relevant audience, and gain new customers. However, an affinity marketing partnership will only work if both brands relate well to each other and stand to receive a significant benefit.<\/p>\n<p>If you\u2019re thinking of starting an affinity marketing campaign, choose your partner wisely. And once you\u2019ve started the campaign, make sure to communicate well with your partner, track your success, and make all decisions about the campaign together. It must be a collaborative effort.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Affinity marketing is a type of marketing that involves a mutually beneficial partnership between two brands. Learn how affinity marketing partnerships can grow your audience, as well as affinity marketing strategies and tips that your business can use.<\/p>\n","protected":false},"author":14,"featured_media":29289,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[5829],"tags":[5920,5922],"class_list":["post-5011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-affiliate-marketing","tag-completely-unaware","tag-inspiration"],"acf":[],"modified_by":"Megan Mosley","_links":{"self":[{"href":"https:\/\/referralrock.com\/blog\/wp-json\/wp\/v2\/posts\/5011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/referralrock.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/referralrock.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/referralrock.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/referralrock.com\/blog\/wp-json\/wp\/v2\/comments?post=5011"}],"version-history":[{"count":7,"href":"https:\/\/referralrock.com\/blog\/wp-json\/wp\/v2\/posts\/5011\/revisions"}],"predecessor-version":[{"id":36742,"href":"https:\/\/referralrock.com\/blog\/wp-json\/wp\/v2\/posts\/5011\/revisions\/36742"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/referralrock.com\/blog\/wp-json\/wp\/v2\/media\/29289"}],"wp:attachment":[{"href":"https:\/\/referralrock.com\/blog\/wp-json\/wp\/v2\/media?parent=5011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/referralrock.com\/blog\/wp-json\/wp\/v2\/categories?post=5011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/referralrock.com\/blog\/wp-json\/wp\/v2\/tags?post=5011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}