If your brand is trying to reach more of the same type of audience members or grow into a new market, consider partnering with other brands. Identify your goals and partner with brands who would fit well within those goals. Strategic partnerships can strengthen and grow your brand’s reach at a fraction of the usual cost.
Affiliate Marketing
Generate sales and exposure by partnering with a brand who can market on your behalf. Every lead or sale that’s driven to your brand’s website will result in a commission being paid to the partnering brand. Affiliate marketing programs can positively impact your brand without any upfront costs.
Cause Marketing
Humanize your brand by partnering with a nonprofit organization. Both brands can spread awareness and build support for meaningful causes.
Co-branding
Collaborate with a brand on a new product or service. This option requires a bigger commitment and investment from both. Because of this, it is important to thoroughly research and strategize before partnering up. You’ll want to make sure they are a good fit.
Would your brand benefit from any of these partnerships? Give us a shout to discuss your options.