What Amount Of Money Can You Earn As A Forex Affiliate Marketer?
The fast answer is “a lot”. First of all, let’s mention affiliate marketing online generally speaking. Could it be still profitable, even in 2021, the next year the global pandemic hit virtually all markets and industries? Let’s look.
Forex Affiliate Spending
Statistics show that the affiliate marketing online spending in america alone has become growing steadily through the years. Also, it is believed to increase to $8.2 billion by 2022. This really is more than triple the numbers from Ten years earlier. Over a global scale, advertisers have invested $13 billion in affiliate marketing during 2017. These numbers view a consistent upward trend that shows simply how much this industry can thrive even during pandemic times.
That said, you will need to note 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 stuff like that, together with entertainment and supplements saw a stable take of. On far wall, gym and some kinds of education affiliate offers started to disappear.
However, the biggest decline is at ad spend, or perhaps the amount of money spend on advertising and campaigns. As result, the affiliate market saw optimal performance just a quarter following your pandemic had hit. A study done by Rakuten Advertising established that during the entire pandemic 42% of affiliate publishers reported an increase in website traffic. Which it held steady for another 34% ones, stating that it’s “business as usual”, with all the total performance becoming 57% stronger regardless of the ongoing circumstances.
When we glance at the forex affiliate marketing online, we view that the Triennial Central Bank Survey puts it in the very different category - that regarding $5 trillion each day. It doesn't include every other markets like the CFD market, it’s only foreign exchanges. By the way, the world forex trading market was worth $1.93 quadrillion in 2016. To put this into perspective, the global GDP was less than 50 % of that at that time.
How Forex Affiliates Earn money?
So then, when the forex affiliate companies are that profitable, how do forex affiliates generate income? By playing affiliate programs. They are partnership programs available from foreign exchange brokers that supply affiliates with certain conditions this agreement they can receive their commission and profit.
Once you browse the web and consider various programs, you see a similar thing called CPA. This is the cost per acquisition, or perhaps in short, the fixed cost you will get paid when you refer someone plus they make their first deposit.
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