How Much Are You Able To Earn As A Forex Affiliate Marketer?
The fast fact is “a lot”. But first, let’s discuss internet affiliate marketing in general. Can it be still profitable, even just in 2021, one year afterwards the international pandemic hit just about all markets and industries? Let’s look.
Forex Affiliate Spending
Statistics show the affiliate marketing spending in america alone has been growing steadily over the years. Also, it is believed to rise to $8.2 billion by 2022. This is over triple the numbers from 10 years earlier. On the global scale, advertisers have invested $13 billion in affiliate internet marketing during 2017. These numbers visit a consistent upward trend that shows just how much this industry can thrive even just in pandemic times.
Nevertheless, it is important to observe that rolling around 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, as well as entertainment and supplements saw a steady take of. On opposite side, gym and certain types of education affiliate offers began to disappear.
However, the greatest decline was at ad spend, or even the amount of cash spend on advertising and campaigns. As result, the affiliate market saw optimal performance only a quarter after the pandemic had hit. A survey done by Rakuten Advertising demonstrated that throughout the pandemic 42% of affiliate publishers reported a rise in online traffic. Who’s held steady for one more 34% ones, proclaiming that it’s “business as usual”, with the total performance becoming 57% stronger regardless of the ongoing circumstances.
When we go through the forex internet affiliate marketing, we view that the Triennial Central Bank Survey puts it in a completely different category – those of $5 trillion every day. It doesn’t include some other markets much like the CFD market, it’s only foreign exchanges. Mind you, the world forex trading market was worth $1.93 quadrillion in 2016. To set this into perspective, the world GDP was fewer than half of this at the time.
How Forex Affiliates Generate income?
So then, when the forex affiliate companies are that profitable, how can forex affiliates generate income? By doing affiliate programs. These are partnership programs made available from fx brokers that provide affiliates with certain conditions that they’re able to receive their commission and profit.
When you see the web and look various programs, you see a similar thing called CPA. Which is the cost per acquisition, or perhaps in other words, the fixed amount of money that you will get paid when you refer someone and they also make their first deposit.
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