Overview
Predixlabs There is a free online community designed to help its members find and buy in-demand products. Since the company was launched in 2022, its proprietary software has been used mainly to monitor the limited version of sneakers and other fashion items. However, in response to the user’s requests and changes in the availability of the product, the company needed to expand beyond its traditional focus and detect new markets such as cameras, trading cards, and more.
Read more about Predixlabs in us 2024 interview CEO and co-founder with Matthew Goodlander-Krant.
Opportunity: Extend access, increase efficiency, maximize revenue
From the beginning, one of the largest pain points of predexylabs is being approved for traders-specific affiliated programs. The predixlabs community operates primarily on discord rather than specific affiliated channels such as YouTube and Instagram – so traders often struggle to understand their audience and its value. This unique business model makes it difficult to establish new products in response to installing Merchant Partnership or transferring member requirements.
Link-making efficiency is another major challenge for the Predixlabs team. Because they are usually working with the goods and timely product drops of the limited version, each other count. At any time slow link building processes were wasted – or deciding which network to use for affiliate link – can literally withdraw money from your pocket.
Solution: New ways to use SovRN technology
With the help of its SovRN account manager, the Pretixlabs team identified several opportunities to customize its use of SovRN technology and progress towards achieving its goals.
- Taking advantage of merchant relations: With over 50,000 traders in Sovrn commerce networkPredixlabs no longer needs to worry about individual trader approval. Working with SovRN commerce gives them access to all existing Merchant Partnerships of SovRN, so they can quickly enter new markets and add product categories to their existing monitor.
- Streamining Link Building: Deciding that it can be a slow and tedious process to direct the affiliated traffic because each affiliated network has its own rates and budgets. SovRN ended the requirement of pretixlabs to select a network for each link automatically by clicking routing through our unique Link adaptation toolThis technology connects all their affiliated networks and sends every impression to the optimal partner – without any extra effort.
- Maximum affiliated revenue: Link optimization not only increases efficiency, but also ensures that predicslabs earn as low as possible with every click. They simply send their clicks through SovRN commerce and our technology finds optimal partner to give the highest possible yield.
- Monitoring of affiliated performance: Sovarous Real time It is easy to see how every link is performing, which products are best sold, and how much revenue is coming. SovRN commerce dashboard puts performance data at one location, so pretixlabs can achieve those insight they need to make smart professional decisions in an instant.
Result
Determining specific performance results, due to the non-distinguished nature of limited-sanskrit product drops, can be challenging for a company such as Predixlabs. However, these anecdote results are noticeable:
- Link construction is far more efficient because the link optimization tool of SovRN eliminates the need to log in in many networks and check individual rates.
- Integrating the affiliate ties through SovRN has led to significant revenue uplift, which includes the same day with more than $ 5,000 in the commission to the commission.
- The wider performance data on the SovRN commerce dashboard makes it easier to monitor frequent results compared to a week’s probe on other platforms.
- SovRN’s real -time data and analytics link performance and user provide immediate insights into interest, which helps the company to customize its offerings on the fly.
Additionally, the ability of the predicalabes to expand rapidly in the new vertical has attracted a large and more diverse audience – leading to a significant increase in their discord community. In the last one year, visitors to the discord server have increased every month. And the group membership has increased by about 2.5% per month with a retention rate of 90%.
looking ahead
The Pretixlabs team is looking for new ways to serve their audience, including a increased attention on the contents of the long time. Blog subjects include the impact of trade and tariff policy change, market reviews for various product categories and trend analysis. This material is designed to keep its members not informed about new products and cost implications, while providing the price beyond simple affiliated links.
In addition, the company is planning to launch a premium paid tier with additional tools for the “power users” of the discord community. Revenue from the groups paid will be fun into further development for both free and paid groups.
Pretixlabs also assume that their ability to quickly pive in the new vertical may be particularly useful if the current supply chain uncertainty leads to the shortage of the product. With a huge network of merchant relationships at its disposal of SovRN, the company can easily add monitors to help its members find household goods and other requirements-Jajay is just of good and better items.
Ready to start?
Keep the power of SovRN commerce to work for your affiliated program! Our aid team The link stands to answer your questions about optimization, real-time analytics, merchant partnership, and more.
If you are not already using SovRN commerce for your affiliate marketing, Sign up nowOnce you are approved, you can start earning immediately.