How Much Can You Earn As A Forex Affiliate Marketer?
The fast solution is “a lot”. However, let’s discuss internet affiliate marketing in general. Would it be still profitable, even just in 2021, one year afterwards the worldwide pandemic hit just about all markets and industries? Let’s have a look.
Forex Affiliate Spending
Statistics demonstrate that the internet affiliate marketing spending in the us alone continues to be growing steadily through the years. Also, it is estimated to increase to $8.2 billion by 2022. This is more than triple the numbers from 10 years earlier. With a global scale, advertisers have invested $13 billion in affiliate marketing during 2017. These numbers see a consistent upward trend that shows simply how much this industry can thrive even just in pandemic times.
Nevertheless, it is important to remember that in its initial months, COVID-19 turned the affiliate marketing online industry “upside down”, as co-founder and CEO of Ignite Visibility John Lincoln stated. Health, medical supplies and the like, along with entertainment and supplements saw a reliable take of. On other side, gym and certain types of education affiliate offers started to disappear.
However, the largest decline is at ad spend, or the sum of money devote to advertising and campaigns. As result, the affiliate market saw optimal performance only a quarter following your pandemic had hit. A survey performed by Rakuten Advertising demonstrated that throughout the pandemic 42% of affiliate publishers reported a rise in website traffic. Who's held steady for the next 34% of them, proclaiming that it’s “business as usual”, with the total performance becoming 57% stronger despite the ongoing circumstances.
When we look at the forex internet affiliate marketing, we percieve how the Triennial Central Bank Survey puts it within a different category - that relating to $5 trillion every day. This doesn't include some other markets such as the CFD market, it’s only foreign exchanges. Mind you, the global foreign currency trading market was worth $1.93 quadrillion in 2016. To set this into perspective, the global GDP was less than 50 % of these at that time.
How Forex Affiliates Earn money?
So then, if the forex affiliate companies are that profitable, how do forex affiliates generate income? By doing affiliate marketing programs. They are partnership programs made available from foreign exchange brokers that supply affiliates with certain conditions to which they could receive their commission and profit.
When you browse the web and consider various programs, the thing is the same thing called CPA. This is the cost per acquisition, or perhaps in other words, the fixed sum of money that you receive paid if you refer someone plus they make their first deposit.
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