What Amount Of Money Can You Earn As A Forex Affiliate Marketer?
The short response is “a lot”. But first, let’s discuss internet affiliate marketing normally. Can it be still profitable, even in 2021, the next year the world pandemic hit virtually all markets and industries? Let’s take a look.
Forex Affiliate Spending
Statistics show the internet affiliate marketing spending in the usa alone has been growing steadily over time. Also, it is estimated to increase to $8.2 billion by 2022. This can be more than triple the numbers from Decade earlier. On a global scale, advertisers have invested $13 billion in affiliate marketing online during 2017. These numbers go to a consistent upward trend that shows the amount this industry can thrive even in pandemic times.
That said, it is very important note 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 so on, as well as entertainment and supplements saw a reliable take of. On other side, gym and certain types of education affiliate offers did start to disappear.
However, the largest decline was at ad spend, or sum of money devote to advertising and campaigns. As result, the affiliate market saw optimal performance only a quarter as soon as the pandemic had hit. A study completed by Rakuten Advertising showed that through the pandemic 42% of affiliate publishers reported a rise in online traffic. Which it held steady for one more 34% of these, praoclaiming that it’s “business as usual”, with the total performance becoming 57% stronger in spite of the ongoing circumstances.
Whenever we glance at the forex internet affiliate marketing, we view that the Triennial Central Bank Survey puts it inside a totally different category – that of $5 trillion per day. It doesn’t include some other markets just like the CFD market, it’s only foreign exchanges. Incidentally, the international forex trading market was worth $1.93 quadrillion in 2016. To place this into perspective, the world GDP was less than half of the during the time.
How Forex Affiliates Earn money?
So then, if the forex affiliate market is that profitable, how can forex affiliates generate income? By playing affiliate marketing programs. They are partnership programs available from forex brokers offering affiliates with certain conditions that they could receive their commission and profit.
Once you browse the web and check out various programs, you see the same called CPA. That’s the cost per acquisition, or even in plain english, the fixed amount of money that you get paid when you refer someone and they make their first deposit.
More details about forex trading affiliate program you can check our website