The fast fact is “a lot”. First of all, let’s speak about affiliate marketing online normally. Can it be still profitable, even in 2021, the year after the worldwide pandemic hit virtually all markets and industries? Let’s take a peek.
Forex Affiliate Spending
Statistics reveal that the affiliate marketing online spending in the United States alone has become growing steadily over time. Also, it is estimated to go up to $8.2 billion by 2022. That is a lot more than triple the numbers from Decade earlier. Over a global scale, advertisers have invested $13 billion in affiliate marketing during 2017. These numbers see a consistent upward trend that shows the amount this industry can thrive even in pandemic times.
In spite of this, 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 gradual take of. On other side, gym and some types of education affiliate offers begun to disappear.
However, the greatest decline is at ad spend, or the amount of cash devote to advertising and campaigns. As result, the affiliate market saw optimal performance merely a quarter following the pandemic had hit. A study carried out by Rakuten Advertising indicated that through the entire pandemic 42% of affiliate publishers reported an increase in site traffic. That it held steady for the next 34% of these, on the grounds that it’s “business as usual”, with the total performance becoming 57% stronger regardless of the ongoing circumstances.
Whenever we look at the forex internet affiliate marketing, we see that this Triennial Central Bank Survey puts it within a different category – that of $5 trillion every day. This doesn’t include any other markets like the CFD market, it’s only foreign exchanges. By the way, the international foreign currency trading market was worth $1.93 quadrillion in 2016. That will put this into perspective, the international GDP was fewer than half of that back then.
How Forex Affiliates Generate income?
So then, when the forex affiliate marketplace is that profitable, how do forex affiliates generate income? By playing affiliate marketing programs. These are generally partnership programs provided by foreign exchange brokers that supply affiliates with certain conditions under which they are able to receive their commission and profit.
If you see the web and look at various programs, the thing is the same called CPA. That is the cost per acquisition, or perhaps in simple terms, the fixed amount of cash you will get paid if you refer someone plus they make their first deposit.
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