How Much Is It Possible To Earn As A Forex Affiliate Marketer?
The short response is “a lot”. But first, let’s mention affiliate marketing in general. Is it still profitable, during 2021, one year later the international pandemic hit nearly all markets and industries? Let’s take a peek.
Forex Affiliate Spending
Statistics show the affiliate marketing spending in america alone has become growing steadily throughout the years. Also, it is believed to increase to $8.2 billion by 2022. That is over triple the numbers from A decade earlier. With a global scale, advertisers have invested $13 billion in affiliate 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 be aware 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 steady take of. On far wall, gym and some kinds of education affiliate offers did start to disappear.
However, the biggest decline was in ad spend, or sum of money invest in advertising and campaigns. As result, the affiliate market saw optimal performance merely a quarter following your pandemic had hit. A survey performed by Rakuten Advertising showed that during the entire pandemic 42% of affiliate publishers reported a jump in site traffic. Which it held steady for one more 34% of which, on the grounds that it’s “business as usual”, together with the total performance becoming 57% stronger despite the ongoing circumstances.
Whenever we look at the forex affiliate marketing, we see that this Triennial Central Bank Survey puts it within a very different category – that relating to $5 trillion every day. This doesn’t include every other markets like the CFD market, it’s only foreign exchanges. Incidentally, the global forex currency trading market was worth $1.93 quadrillion in 2016. To put this into perspective, the worldwide GDP was less than 50 % of this back then.
How Forex Affiliates Make Money?
So then, if your forex affiliate information mill that profitable, how can forex affiliates generate income? By doing affiliate programs. They are partnership programs offered by foreign exchange brokers that supply affiliates with certain conditions to which they are able to receive their commission and profit.
When you see the web and look various programs, the truth is the same called CPA. That’s the cost per acquisition, or even in short, the fixed sum of money that you receive paid if you refer someone and they make their first deposit.
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