I Synergy Group Limited (ASX:IS3) has achieved solid year-on-year quarterly growth of 72% in the number of transactions for its affiliate program.
The company’s business operations revolve around the retail affiliate program, MyKad Smart Shopper, powered by its affiliate marketing platform, Affiliate Junction.
The affiliate program provides advertisers in the retail industry a performance-based marketing channel to enhance their brand awareness and generate business leads.
I Synergy’s affiliate program transaction count witnessed a rise from 70,294 in Q1 2017 to 120,925 in Q1 2018.
Furthermore, the company’s advertiser base increased 30% from 1,254 in Q1 2017 to 1,627 in Q1 2018.
Key new advertisers added to the affiliate program include KFC, Malaysia Airlines, Hotel Seri Malaysia and Zapals.
The company’s recent certification of Shariah compliance is an important development for its operations, particularly in Malaysia.
It ensures I Synergy’s affiliate marketing platform meets the high operating standards required by the Shariah compliance regulations, thus resulting in enhanced value and quality of products and services.