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Brand Torrent Blog

April 18, 2008

Tips for Working With a Cross-Promotion Partner

If you’re new to the world of cross-promotion, you may be wondering where to start. How do I select a partner? How do I come up with a cross-promotion plan? What should I keep in mind when making these decisions? We’ll tackle the basics of these issues today, so you have a clearer understanding of how to get started.

Using the search tools on Brand Torrent, you’ll be able to look for companies that are interested in cross-promotion. The best partner for you is going to have a similar customer demographic, but not necessarily a similar product line. Think about your typical customer. How old are they? Are they men or women? What are their interests? What sort of household income and education are they likely to have? Once you’ve answered these questions about your own customers, you want to find a business with customers who fit a similar description. If you sell contemporary high-end jewelry and your average customer is female, style-conscious, 25-40 years old and middle to high-income, you want to connect with a partner whose customers also fit this description.

The next thing you’ll want to keep in mind when selecting a cross-promotion partner is a fair exchange. If you’re interested in trading promotional mail order inserts and you only ship 5 orders in an average day, you shouldn’t partner with a company that ships 50 orders in an average day. Make sure that you can match whatever exposure you’re hoping to get from your cross-promotion partner in return.

Once you’ve selected a cross-promotion partner, it’s a good idea to talk about what your cross-promotional activities will encompass. If you’re going to mention each other’s websites in your customer newsletters, agree to dates on which the newsletters will be going out. Discuss the actual copy that will appear in the newsletters. To keep a productive and positive working relationship with your cross-promotion partner, it’s important to chart a specific plan of action for your cross-promotion activities, and talk about your expectations.

The next thing to consider with your cross-promotion plans is tracking your success. You’ll want some way to measure the results you’re getting from this form of marketing. You may want to attach a coupon code to your cross-promotion efforts so that you’ll know which customers made purchases through your cross-promotion campaign. You may want to provide a special URL on your site for your cross-promotion audience so you’ll know how much traffic your campaign brought in. There are a variety of ways to track the success of your marketing efforts, so you’ll want to come up with something that works for your own situation.

The final thing to keep in mind about cross-promotion is that it’s like any other type of marketing; the goal is not just to get immediate conversions, it’s also to gain exposure for your brand. Just because you didn’t see an overnight jump in sales based on your cross-promotion efforts doesn’t mean the efforts were wasted. Getting your brand in front of your target audience is the way to begin building a relationship with your customer base. These relationship-building exercises will bring you more business in the long-run than any short-term oriented marketing campaign that focuses only on immediate increases in conversions.


Filed under: Uncategorized — Tags: , , , , — Brand Torrent @ 5:43 pm






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