
How Rakuten Rewards Is Adapting To A New Affiliate Model – The First-Party Ad Platform | AdExchanger
“We’re busting out of the affiliate marketplace, because we can target using our own first-party data.
What we can do now is more akin to Facebook or Google - define an audience to reach for acquisition, retention, retargeting, and with the conversion power of a reward.
If you raise your cash-back rate to double digits, I can tell you that you’re going to 3x or 4x your volume on our platform. That’s really consistent."