Rapid answer is “a lot”. However, let’s talk about affiliate internet marketing generally. Would it be still profitable, even in 2021, one year afterwards the world pandemic hit nearly all markets and industries? Let’s take a look.
Forex Affiliate Spending
Statistics reveal that the affiliate internet marketing spending in america alone continues to be growing steadily over time. Also, it is estimated to rise to $8.2 billion by 2022. That is more than triple the numbers from 10 years earlier. On the global scale, advertisers have invested $13 billion in affiliate marketing online during 2017. These numbers go to a consistent upward trend that shows simply how much this industry can thrive even during pandemic times.
In spite of this, it is very important be aware 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 stuff like that, along with entertainment and supplements saw a reliable take of. On far wall, gym and certain kinds of education affiliate offers did start to disappear.
However, the biggest decline what food was in ad spend, or the cost devote to advertising and campaigns. As result, the affiliate market saw optimal performance simply a quarter following the pandemic had hit. Market research completed by Rakuten Advertising showed that through the entire pandemic 42% of affiliate publishers reported an increase in site traffic. That it held steady for an additional 34% of them, praoclaiming that it’s “business as usual”, together with the total performance becoming 57% stronger inspite of the ongoing circumstances.
Whenever we look at the forex affiliate marketing, we view that the Triennial Central Bank Survey puts it in the totally different category – those of $5 trillion each day. This does not include every other markets just like the CFD market, it’s only foreign exchanges. In addition, the world foreign currency trading market was worth $1.93 quadrillion in 2016. To put this into perspective, the global GDP was less than half of that during the time.
How Forex Affiliates Generate income?
So then, if your forex affiliate market is that profitable, how do forex affiliates make money? By doing affiliate programs. These are generally partnership programs offered by fx brokers offering affiliates with certain conditions under which they could receive their commission and profit.
If you investigate web and look at various programs, the truth is exactly the same thing called CPA. This is the cost per acquisition, or in other words, the fixed amount of money you will get paid once you refer someone and they make their first deposit.
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