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Marketing School - Digital Marketing and Online Marketing Tips

Is it worth having an affiliate program after Google sacked so many affiliate sites?, HubSpot shares plunge 12% on report that Alphabet is shelving interest in acquiring software company, and more

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Careers, Business, Marketing

4.61.3K Ratings

🗓️ 24 July 2024

⏱️ 16 minutes

🧾️ Download transcript

Summary

In episode #2785, we discuss the decline of affiliate marketing and the challenges faced by businesses and affiliates, the potential acquisition of HubSpot by Google, the impact of raising prices in SaaS companies, and Syed Balkhi's smart WordPress M&A strategy. Don’t forget to help us grow by subscribing and liking on YouTube! Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT) TIME-STAMPED SHOW NOTES: (00:00) Is it worth having an affiliate program after Google sacked so many affiliate sites? (03:07) HubSpot shares plunge 12% on report that Alphabet is shelving interest in acquiring software company (10:05) If you're afraid to increase your prices, just watch this (14:37) Syed Balkhi's smart WordPress M&A strategy (16:02) That’s it for today! Don’t forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more! Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us: Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel X @ericosiu

Transcript

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0:00.0

Is it the end of affiliate marketing?

0:02.0

Right? If you look at W.P. beginner and a lot of the

0:04.8

WordPress or just blogs out there, a lot of them generate quite a bit of income

0:09.2

from affiliate revenue, right? They'll try to rank for terms like web hosting or whatever it may be and just try to clean up.

0:14.8

But we've seen in the past, you know, less than a year, maybe a year and a half, Google's

0:21.0

been whacking a lot of the

0:23.0

I've been ranking for these terms and that's been killing a lot of the

0:26.4

revenue for these quote-unquote affiliates. We had an online flower

0:29.6

retailer reach out to us and so what happened was that all their affiliates that were

0:33.5

ranking well for the flower keywords they all got destroyed they all got pushed

0:36.6

down right and it's all like Reddit and like communities that are like

0:40.0

number like number one through three now so they're trying to figure out another strategy. So, you know,

0:45.0

businesses that relied on affiliates are getting crushed and affiliates are getting crushed as well. So, I mean, we've both done affiliate marketing. My take is it's probably easier to have your

0:55.2

own products and services so I agree with Eric on this I would also say though as a business

1:02.3

and a marketing channel you should include affiliate in the mix

1:06.4

just don't expect it to do as well as it used to.

1:10.3

Yeah and everything goes through ups and downs and waves and that's okay.

1:14.0

Just like SEO, sometimes SEO does better for you or paid ads on Google or then, you know,

1:19.6

Apple rolls out a change with the iOS, which affects Facebook advertising and who you're

1:24.4

targeting so then maybe your Facebook ads don't work as well. It's pretty much

1:28.2

taking an omni-channel approach and if you take an omni-channel approach

1:31.3

some of the channels rise up, some of them rise down, but

...

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