Affiliate marketing automation for Shopify brands
Social Snowball monetizes primarily through recurring subscription fees from Shopify brands using their platform. Additionally, on their starter plan, they charge a 3% commission on every affiliate sale made through their software.
“Social Snowball’s “Snow Day” plan costs $99 a month. That’s standard.”
“we have about 2,700 customers, a bit more, so those are Shopify brands using the platform. We're a full-time team of 24, and we are between five and 10 million of ARR.”
“We are currently between $5M and $10M ARR, and Dotdigital Group acquired us over the summer for $35M.”
“Dotdigital acquires Social Snowball for $35M (~6.7x revenue) — creator-focused affiliate and referral platform for Shopify brands (our analysis). Signal: premium multiples for pure-play affiliate tech”
“My Shopify app reached $10,000 MRR within 3 months of launching. Today, we’ve more than doubled that.”
“But they also take a 3% commission on every affiliate sale. Think about that. If you do $50,000 in affiliate revenue, you’re paying them $1,500 a month on top of your subscription.”
“Now we only have like one starter plan that does this where it's not that we're charging the affiliate commission because it's up to the brand. I mean, we have the software to do it, but the brand pays the affiliate, the commission directly through Social Snowball. We, on the starter plan only, t...”