Graham and Green

Breaking New Ground: How Two New Partners Made Up 20% of Overall Revenue In 6 Months

For those with only 30 seconds, this is what we achieved:

  • Diversifying the partner mix unlocked new growth, with two newly activated subnetworks delivering 20% of total programme revenue in just six months.
  • The programme saw a +12.73% increase in orders and a +6.67% uplift in revenue year-on-year, all without additional spend.
  • Smart CPA uplifts delivered standout results, including a +549% increase with a closed user group and +42% with a cashback partner, driving revenue growth efficiently.
  • March revenue peaked at +56.74% above target, fuelled by strategic partner activations aligned with Graham and Green’s Spring Sale.

Big Results!

Total revenue contribution from just two new partners

20% 20%

YoY increase in orders from CUGs

+549% +549%

Who is Graham and Green?

Graham and Green is a well-established UK-based interiors brand known for its eclectic, design-led furniture and homeware collections. With a strong legacy and loyal customer base, the brand has grown steadily through its brick-and-mortar stores and online channels, blending modern craftsmanship with vintage-inspired aesthetics.

Their affiliate programme has been live for over seven years, supported by a network of reliable partners. As a mature and historically well-established programme, growth had plateaued in recent years – creating an opportunity to revisit the strategy and unlock further performance.

What was the challenge?

Graham and Green’s affiliate programme had all the hallmarks of a mature and well-established channel. With over seven years of consistent investment, the programme had a strong foundation built on longstanding publisher relationships, solid performance data and a reliable core of revenue driving partners. All the fundamentals were in place and they were working well. 

However, as with any programme that has been steadily optimised over time, the pace of growth had begun to slow down. The brand had already onboarded most of the traditional affiliate types. The programme was efficient, stable and delivered reliable returns, but with limited headroom left for growth through conventional methods, it was approaching a natural plateau. 

Rather than being a limitation, this maturity created an opportunity: to move beyond the familiar and explore new, out-of-the-box approaches. Silverbean’s focus shifted from managing the programme’s day-to-day performance to finding new ways to elevate it, unlocking untapped potential and avoiding stagnation.

A change in client-side contact also marked a pivotal opportunity. The new stakeholder brought a fresh perspective and openness to innovation, allowing Silverbean to step back, assess the full partner mix and reframe what growth could look like in the next phase of the programme’s evolution. 

The challenge wasn’t fixing something broken, it was pushing the boundaries of a programme that was already working well. It meant balancing stability with experimentation, introducing new partners and ultimately ensuring the programme could continue to scale in a smart, sustainable way. 

In summary, the key challenges were:

  • A mature programme with little room left for traditional growth tactics
  • Slowing YoY growth despite strong performance foundations
  • The need to diversify the partner mix without disrupting what was already working
  • Identifying innovative, scalable strategies to avoid stagnation

What was our solution?

With a mature programme, the focus for Silverbean wasn’t on fixing underperformance; it was on unlocking new growth by approaching things differently. The team needed to explore alternative routes to success that extended beyond the usual mix of partners and placements, while maintaining the stability of a long-running, high-performing affiliate channel. 

The starting point was a thorough evaluation of the existing partner landscape. Silverbean used a combination of Affluent reporting and internal agency gap analysis to identify areas where the programme could evolve. The analysis highlighted a clear opportunity: while Graham and Green had already onboarded and optimised with the majority of traditional affiliate partners, there was untapped potential in newer or emerging publisher types, particularly content and influencer-led partners that had previously been deprioritised. 

Rebuilding the partner mix

Armed with these insights, the team began building a more diversified partner strategy. This involved two key workstreams running in parallel:

  1. Optimising performance with existing partners, particularly those showing signs of untapped growth. 
  2. Identifying and onboarding new partners who could offer either new reach, new audiences or different content formats. 

Within the existing programme, Silverbean focused on nurturing relationships with long-standing partners that had previously flown under the radar. For example, Collinson was re-engaged through proactive communication and more targeted promotional planning. Similarly, placements and exposure with partners across the whole affiliate mix, including closed user groups, cashback, voucher, subnetworks and loyalty partners were revisited and optimised.

At the same time, the team sought out high-potential new partners that aligned with Graham and Green’s brand positioning. This included three subnetwork partners. These partners represented a new direction for the programme, often falling outside the traditional cashback/voucher model, and were selected for their ability to bring in fresh audiences or operate in newer spaces like influencer aggregation and content commerce. 

Importantly, all new partnerships were approached strategically. Each partner was vetted through forecast modelling to assess their potential value and ensure commercial alignment  before being onboarded 

Restoring traffic and visibility 

Silverbean also addressed a gap in top-of-funnel activity. In earlier phases of the programme, some traffic driving partners had been removed due to low last-click attribution, leading to a decline in visibility and reach. The team recognised the need to reintroduce partners that could support awareness, engagement and discovery. Even if they weren’t traditional last-click performers.

This involved re-engaging with content-focused platforms and exploring newer partnership models that offered hybrid exposure, balancing brand presence with measurable outcomes. These changes helped rebuild upper-funnel performance and diversified the types of customer journeys being captured across the programme.

Crucially, this shift stemmed from Graham and Green’s renewed internal focus on brand perception, ensuring the business is positioned as the luxury retailer it is. With this strategic direction in place, Silverbean worked closely with the team to align on priorities, onboarding more content partners and moving away from discount publishers, while ensuring all activity supported longer-term growth beyond short-term ROI.

Introducing structure, testing and momentum

To maintain consistent progress, Silverbean implemented a structured approach to programme development. Monthly revenue growth targets were set and testing frameworks were introduced to explore different partner types, commercial models and activation timings. 

The team worked in close collaboration with their new point of contact at Graham and Green, who brought fresh energy and openness to trying new ideas. This relationship allowed Silverbean to take a more agile approach, testing and learning at pace while maintaining clear visibility on what was working and where to focus next. 

Through a mix of targeted optimisation, thoughtful diversification and ongoing testing, Silverbean laid the groundwork for sustainable programme growth, creating the conditions for a new wave of affiliate performance beyond the typical tactics.

What results were achieved?

The strategy of diversifying the partner mix and optimising performance through smarter CPA uplifts delivered a strong period of growth, with no additional investment required. 

Overall programme performance (Jan-Jun 2025 vs Jan-June 2024)

  • +12.73% increase in orders
  • +6.67% uplift in revenue 
  • The target was exceeded by 25%, with March beating target by 56.74%

This growth was driven by Silverbean’s ability to identify untapped potential in existing partners and introduce new, high-performing publisher types into the mix, all while keeping spent flat. 

New and reactivated partners delivered big gains

  • Two newly onboarded partners in this period, both subnetworks, contributed to 20% of total programme revenue in just six months. 
  • A subnetwork, already on the account but previously dormant, saw a +1000% uplift after being properly activated. 

Key optimised partners also saw major growth

Silverbean targeted existing, underperforming partners with strategic CPA increases, with standout results:

  • CUG Partner: +549.96% – performance boosted by an exclusive higher discount code offer, which also unlocked free exposure.
  • Voucher Partner: +69%
  • Cashback Partner: +42%
  • Loyalty Partner: +27.84
  • Subnetwork: +19%

Every one of these uplifts was achieved without any extra spend, simply by identifying the right levers to pull and executing a tighter, more aligned approach. 

Target overachievement

The team smashed their targets during this time frame:

  • Total revenue target for Jan-Jun 2025: exceeded by 25%
  • With the exception of January (just 5% under), the team exceeded targets every month. 
  • March was a clear standout, finishing 56.74% above target. This peak was driven by the launch of Graham and Green’s spring sale, supported by well-timed CPA uplifts with two partners.

Key Takeaways

New partner types = new growth: Onboarding and activating subnetworks, a previously untapped partner type, brought in over 20% of programme revenue, proving the value of diversification. 

Smart CPA increases, no extra spend: Carefully selected CPA uplifts drove major revenue gains across key partners without additional investment. 

Reactivation unlocks hidden value: Activating the previously dormant subnetwork showed the power of reviewing who’s already on the programme. One overlooked partner, once optimised, delivered a significant uplift in revenue. Sometimes, big wins come from small switches.

Tactical timing matters: Aligning CPA increases and campaign efforts with brand moments, like the Spring Sale, helped deliver peak period success. 

Performance beats plateau: In a mature programme, thinking beyond traditional partner types and strategies was essential to avoid stagnation and spark renewed growth. 

This period of performance demonstrated how a mature programme can still deliver impressive, incremental revenue when backed by the right strategic thinking. By reactivating overlooked partners, onboarding new ones and optimising smartly without added cost, Silverbean helped Graham and Green exceed revenue targets and reinvigorate its affiliate channel. 

Want to unlock untapped revenue without increasing spend? We’ll help you activate hidden opportunities and drive smart, strategic growth.