Rapid solution is “a lot”. First of all, let’s speak about internet affiliate marketing generally. Could it be still profitable, even just in 2021, the year after the world pandemic hit virtually all markets and industries? Let’s have a look.
Forex Affiliate Spending
Statistics show that the affiliate marketing online spending in the United States alone continues to be growing steadily throughout the years. Also, it is estimated to rise to $8.2 billion by 2022. This is greater than triple the numbers from 10 years earlier. With a global scale, advertisers have invested $13 billion in affiliate internet marketing during 2017. These numbers see a consistent upward trend that shows how much this industry can thrive even in pandemic times.
That said, you will need to remember that in the initial months, COVID-19 turned the affiliate marketing 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 opposite side, gym and some types of education affiliate offers did start to disappear.
However, the largest decline is at ad spend, or perhaps the amount of cash dedicate to advertising and campaigns. As result, the affiliate market saw optimal performance merely a quarter as soon as the pandemic had hit. A study completed by Rakuten Advertising showed that during the entire pandemic 42% of affiliate publishers reported a rise in web site traffic. It held steady for one more 34% of which, proclaiming that it’s “business as usual”, with the total performance becoming 57% stronger despite the ongoing circumstances.
When we look at the forex affiliate marketing, we percieve the Triennial Central Bank Survey puts it in the very different category – that relating to $5 trillion each day. This won’t include some other markets just like the CFD market, it’s only foreign exchanges. Mind you, the global foreign currency trading market was worth $1.93 quadrillion in 2016. To place this into perspective, the global GDP was less than 50 % of these at that time.
How Forex Affiliates Earn money?
So then, when the forex affiliate market is that profitable, how do forex affiliates make money? By playing affiliate marketing programs. They’re partnership programs available from foreign exchange brokers that provide affiliates with certain conditions this agreement they could receive their commission and profit.
Whenever you browse the web and consider various programs, the thing is that a similar thing called CPA. That’s the cost per acquisition, or in simple terms, the fixed amount of cash that you get paid whenever you refer someone and so they make their first deposit.
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