Case Study · Pet Food & Subscription · Impact

They were buying churn at full price and calling it growth.

Seven in ten subscribers arrived through a discounted first box and fewer than half survived to the third billing cycle — and the programme paid full commission on every one of them. How the commission model was rebuilt around retention, and the account handed back 66% larger.

$159k
Monthly revenue at handback, +66%
$870,000
Sales driven across the managed period
41% → 68%
Month-three retention, affiliate subscribers
2.4x
Lifetime value per affiliate subscriber
The situation

Volume that looked like growth and behaved like churn

SectorPet Food & Subscription
MarketUS
PlatformImpact
ProgrammeUS
Engagement~7 months
Managed periodDec 2025 – Jun 2026
Sales driven$870k
Tracked orders14,032

Subscriber acquisition was running at pace and 71% of it came through coupon and cashback partners promoting a heavily discounted first box.

Those subscribers cancelled at more than twice the rate of every other channel — 41% reached the third billing cycle — and the programme paid full commission on all of them regardless.

Paying full commission on a first order in a subscription business is how you buy churn at full price.

The result · managed period

Two flat months while the model was rebuilt, then 66% growth

Two months of standing still is what it costs to change what a programme rewards.

$870,000
Total sales driven
14,032 tracked orders
$159,000
Revenue at handback
June 2026 — +66% on the audit month
68%
Month-three retention
Affiliate subscribers, up from 41%
2.4x
Lifetime value multiple
Per affiliate-sourced subscriber
31%
Discount partner share
Down from 71% at audit
~7 mo
Audit to handback
New model live Feb 2026

Monthly sales revenue — managed period (USD)

Two flat months while the commission model was rebuilt around retention
$96k
$88k
$91k
$124k
$145k
$167k
$159k
DecJanFebMarAprMayJun
Discovery & repair phase
Month-on-month decline
Scaled
Retention 41% → 68% at the third billing cycle
Discount share 71% → 31% of revenue
First-box commission Cut 40%, and partners still earned more
Reading the curve
Dec
Audit month, and seasonally a strong one — pet gifting peaks in December, which was flattering a programme with genuinely poor retention underneath it.
Jan
$88k. Post-holiday drop-off plus the first coupon partners removed. Both expected, both signed off before we touched anything.
Feb
Flat at $91k while the new commission model bedded in. Two months of standing still is what it costs to change what a programme rewards.
Jun
$159k, slightly below May on ordinary summer seasonality, and 66% above the December we inherited.

Baseline figures reflect the account exactly as we found it in December. Retention is measured at the third billing cycle on affiliate-sourced subscribers only, cohort-matched against the pre-audit baseline rather than against the wider customer base.

How it was rebuilt

Pay for the customer who stays

In a subscription business, first-order commission rewards precisely the wrong behaviour. Moving the money to where the value actually sits meant a short-term revenue hit and a completely different partner mix coming out the other side.

Phase 1 Repair

Retention-weighted commission

Commission was split — a reduced rate on the first box and a materially larger payment released at the third billing cycle. Entry discounting was capped and voucher partners moved to a lower tier. Partners sending subscribers who stayed earned more than they had before; partners sending churn earned considerably less.

Structural fixes delivered in the first ten weeks
Retention-weighted commission Entry discount capped Voucher partners re-tiered Cohort tracking by partner Subscription attribution Cancellation reason capture
41% → 68%month-three retention on affiliate-sourced subscribers.
40%reduction in first-box commission, with top partners still earning more overall.
2.4xlifetime value per affiliate-sourced subscriber after the change.
Phase 2 The trust layer

Vets, trainers and actual owners

Once commission rewarded retention we could afford partners who build trust slowly. Veterinary content, trainers and genuine owners produce subscribers who stay, and they had been priced out by a model that paid the same for a discount-chaser.

  • Veterinary and trainer content produced the most durable subscribers by a distance.
  • Creator-sourced subscribers reached 74% retention at the third billing cycle.
  • Content and editorial grew from 9% to 24% of programme revenue.
$200k
from vets, trainers and owner accounts. 23% of programme revenue, from 264 creators and owner accounts on commission-only terms — and the highest retention of any partner type in the programme.

Retention by partner type

Share of subscribers still active at the third billing cycle, audit against handback

→ 74%Veterinary & trainer content — a partner type the programme could not previously afford.
58% → 71%Content & editorial.
→ 74%Creators & owner accounts — also new to the programme after the change.
44% → 61%Cashback & loyalty.
29% → 47%Voucher & deal.
41% → 68%Programme blended.
The handover

We grow it — then we hand you the keys

Our deal with every client is the same. We grow the programme, and when you're ready to bring it back in-house we give you the tools, the software and the support to run it yourself — without any drop in revenue. And we stay available, whenever your new account manager needs us.

01

The retention-weighted model

How the split commission is calculated, when the second payment releases and how to handle a cancellation between the two — transferred intact and ready to run.

02

Cohort tracking by partner

The reporting that shows which partners send subscribers who stay. Without it, the model cannot be defended to the partners who earn less under it.

03

Backup for the hard conversations

We stayed available for the partner discussions that follow a commission change, because some of them are difficult and worth getting right.

What the client walked away with

  • Monthly revenue up 66% from the audit month.
  • Month-three retention up from 41% to 68% on affiliate-sourced subscribers.
  • Discount partner reliance down from 71% to 31% of revenue.
  • 2.4x lifetime value per affiliate-sourced subscriber.
  • First-box commission cut 40%, with the best partners earning more than before.
The bottom line

66% growth while retention moved from 41% to 68% — on a lower first-order commission.

$870,000 in sales · 14,032 orders · 3.2M clicks · 32% active partners

The takeaway

The partners who lost money in this change were the ones we were overpaying to bring us customers who left.

You came here to grow your program. Let's start with the revenue it's already leaking.

I've spent 28 years in affiliate, and almost every program leaks in the same places. I'll audit yours and hand you a plain, prioritised task list: exactly what to fix first and grow next. Free, and yours to keep forever. No card, no catch. Brands who work the list week to week see up to a 20% lift in traffic in 6 to 8 weeks. Imagine where that puts you in six months.

Free forever · yours to keep whether you hire me or not · about two minutes to start

About this case study. It describes a real pet food subscription programme managed by Affiliate Marketing Express. The client is anonymised for confidentiality. Retention figures are cohort-matched at the third billing cycle and cover affiliate-sourced subscribers only. Individual results vary by programme size, category and market.