The fast response is “a lot”. However, let’s discuss affiliate marketing generally. Could it be still profitable, during 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 spending in the us alone continues to be growing steadily over the years. Also, it is believed to elevate to $8.2 billion by 2022. This can be over triple the numbers from 10 years 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 how much this industry can thrive even in pandemic times.
Having said that, you will need to be aware that rolling around in its 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 so on, as well as entertainment and supplements saw a steady take of. On other side, gym and certain kinds of education affiliate offers begun to disappear.
However, the largest decline what food was in ad spend, or the sum of money dedicate to advertising and campaigns. As result, the affiliate market saw optimal performance merely a quarter following the pandemic had hit. A survey carried out by Rakuten Advertising showed that through the entire pandemic 42% of affiliate publishers reported an increase in web site traffic. It held steady for an additional 34% of which, proclaiming that it’s “business as usual”, together with the total performance becoming 57% stronger inspite of the ongoing circumstances.
When we consider the forex internet affiliate marketing, we percieve the Triennial Central Bank Survey puts it in a very different category – that regarding $5 trillion every day. It doesn’t include another markets like the CFD market, it’s only foreign exchanges. Incidentally, the worldwide forex currency trading market was worth $1.93 quadrillion in 2016. To place this into perspective, the international GDP was not even half of this during the time.
How Forex Affiliates Make Money?
So then, if your forex affiliate companies are that profitable, how must forex affiliates earn money? By participating in online programs. These are generally partnership programs offered by forex brokers offering affiliates with certain conditions under which they are able to receive their commission and profit.
Once you investigate web and look various programs, the thing is that exactly the same thing called CPA. That’s the cost per acquisition, or perhaps in plain english, the fixed amount of money that you receive paid whenever you refer someone and they make their first deposit.
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