How Much Can You Earn As A Forex Affiliate Marketer?
Rapid fact is “a lot”. But first, let’s mention affiliate marketing in general. Can it be still profitable, even during 2021, the year after the global pandemic hit nearly all markets and industries? Let’s take a peek.
Forex Affiliate Spending
Statistics demonstrate that the affiliate internet marketing spending in america alone has been growing steadily over time. Also, it is believed to increase to $8.2 billion by 2022. This can be more than triple the numbers from A decade earlier. On a global scale, advertisers have invested $13 billion in internet 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.
In spite of this, it is important to observe that in its initial months, COVID-19 turned the affiliate marketing industry “upside down”, as co-founder and CEO of Ignite Visibility John Lincoln stated. Health, medical supplies and so on, together with entertainment and supplements saw a reliable take of. On other part, gym and some types of education affiliate offers begun to disappear.
However, the largest decline was in ad spend, or even the amount of cash devote to advertising and campaigns. As result, the affiliate market saw optimal performance simply a quarter following your pandemic had hit. Market research carried out by Rakuten Advertising established that through the pandemic 42% of affiliate publishers reported a jump in web site traffic. Which it held steady for another 34% of them, praoclaiming that it’s “business as usual”, together with the total performance becoming 57% stronger despite the ongoing circumstances.
If we consider the forex affiliate internet marketing, we percieve the Triennial Central Bank Survey puts it within a totally different category – that of $5 trillion per day. This won’t include every other markets like the CFD market, it’s only foreign exchanges. In addition, the international foreign currency trading market was worth $1.93 quadrillion in 2016. To set this into perspective, the world GDP was less than 50 % of that at the time.
How Forex Affiliates Make Money?
So then, if the forex affiliate companies are that profitable, how can forex affiliates make money? By playing online programs. These are partnership programs made available from fx brokers offering affiliates with certain conditions this agreement they can receive their commission and profit.
When you browse the web and look at various programs, you see the same thing called CPA. Which is the cost per acquisition, or even in other words, the fixed sum of money that you receive paid once you refer someone and they also make their first deposit.
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