New Delhi: In a move which underlines the importance of affiliate marketing in online commerce, Admitad India, the India arm of leading global affiliate network Admitad, has announced its exclusive partnership with Manyavar, a men’s ethnic wear brand. As part of the association, Admitad India will manage all affiliate duties and programs for the brand in the country. The tie-up is aimed at complementing Manyavar’s overall online marketing strategy through affiliate marketing and strengthening its pan-India online brand presence and consumer base.
The association with Admitad India marks the first time that Manyavar has forayed into the affiliate marketing segment. Apart from illustrating how offline brands in India are now amplifying their business growth by leveraging e-commerce as a lucrative sales channel. It also highlights the vital role that affiliate marketing is assuming in driving the digital marketing strategy for brands.
Recent industry reports peg India as the fastest-growing e-commerce market in the world. With the number of online users in the country expected to reach 700 million by the end of this decade, the Indian e-commerce segment is estimated to be worth $1.2 trillion by 2021. Established offline retail brands such as Manyavar – which currently operates more than 500 stores across 202 cities in India alone – have been looking to tap into the massive business opportunity that this represents. Top affiliate networks such as Admitad India have been helping brands reach out to this growing online audience through new-age publishers, across a host of platforms and formats.
Speaking on the association, Neha Kulwal, CEO – Admitad India, said, “With the Indian e-commerce market currently estimated to be growing at a CAGR of 50%, offline brands in the country have an extremely lucrative growth opportunity in the online space. Leveraging affiliate marketing to complement their overall digital strategy can help brands capitalise on this shift by effectively targeting the country’s rapidly-growing online audience.”
Admitad India enables advertisers to target prospective consumers through relevant content in a contextual, captive environment by creating their own affiliate programs without heavy upfront investments. It leverages proprietary technology to enable improved tracking codes, cross-device and cross-browser tracking, third-party tracking, ad performance analysis, product feed integration, and curbing fraudulent traffic. Combined with real-time performance analysis of various publisher associations, this allows brands to reduce the risk to their marketing spends while maximising RoIs.
“Our association with Manyavar, which is one of the leading ethnic fashion brands in India, is indicative of the faith that top brands place in the power of affiliate marketing. Through our personalised, tech-driven affiliate marketing solutions, we aim to help drive the maximum RoI for Manyavar’s affiliate marketing campaigns,” Ms Kulwal added.