Partnerships fuel growth
The partnerships channel endured the 2008 recession and the recent pandemic because the channel drives tangible results that justify its costs. In fact, the pandemic brought rapid behavioral change that supercharged the partnerships arena. According to impact.com data, brands participating in partnership marketing experienced exceptional revenue growth from 2020 to 2022. Overall, these brands grew revenue by 29 percent per year over the last two years. Brands that invested in partnerships early in the pandemic reaped the rewards, seeing their revenue grow by 41 percent in 2021.
With these numbers in mind, it’s no surprise that more and more brands recognize the channel’s value. Partnerships programs have a proven track record of driving revenue growth; during times of economic hardship that’s what you need the most.
Brands that invested in partnership marketing grew revenue by 29 percent per year over the last two years
29%
Growth percentage by year
2020– 2021
2021– 2022
2020– 2022
Revenue
41% 19% 29%
How to defend your partnerships program amid budget cuts
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