The fast fact is “a lot”. However, let’s talk about affiliate marketing online normally. Would it be still profitable, during 2021, the next year the global pandemic hit virtually all markets and industries? Let’s take a peek.
Forex Affiliate Spending
Statistics reveal that the internet affiliate marketing spending in america alone may be growing steadily over the years. Also, it is believed to go up to $8.2 billion by 2022. This is a lot more than triple the numbers from Decade earlier. With a global scale, advertisers have invested $13 billion in internet affiliate marketing during 2017. These numbers see a consistent upward trend that shows simply how much this industry can thrive during pandemic times.
In spite of this, it is important to remember that in their initial months, COVID-19 turned the internet affiliate marketing industry “upside down”, as co-founder and CEO of Ignite Visibility John Lincoln stated. Health, medical supplies and the like, as well as entertainment and supplements saw a stable take of. On opposite side, gym and certain types of education affiliate offers did start to disappear.
However, the largest decline is at ad spend, or the amount of cash spend on advertising and campaigns. As result, the affiliate market saw optimal performance just a quarter as soon as the pandemic had hit. Market research performed by Rakuten Advertising indicated that during the entire pandemic 42% of affiliate publishers reported an increase in website traffic. That it held steady for another 34% ones, praoclaiming that it’s “business as usual”, using the total performance becoming 57% stronger despite the ongoing circumstances.
If we glance at the forex affiliate marketing, we have seen that this Triennial Central Bank Survey puts it inside a very different category – those of $5 trillion per day. It doesn’t include every other markets such as the CFD market, it’s only foreign exchanges. Mind you, the world currency trading market was worth $1.93 quadrillion in 2016. To put this into perspective, the world GDP was less than 50 % of the at that time.
How Forex Affiliates Earn money?
So then, if your forex affiliate information mill that profitable, how do forex affiliates earn money? By participating in affiliate programs. They are partnership programs made available from fx brokers that supply affiliates with certain conditions to which they’re able to receive their commission and profit.
If you look at web and look at various programs, the truth is the same thing called CPA. Which is the cost per acquisition, or in short, the fixed sum of money that you receive paid when you refer someone and so they make their first deposit.
Check out about forex partner go to our web portal