Rapid fact is “a lot”. First of all, let’s talk about affiliate marketing online normally. Would it be still profitable, even just in 2021, one year later the worldwide pandemic hit just about all markets and industries? Let’s look.
Forex Affiliate Spending
Statistics reveal that the affiliate marketing online spending in the United States alone may be growing steadily through the years. Also, it is estimated to increase to $8.2 billion by 2022. This can be a lot more than triple the numbers from 10 years earlier. With a global scale, advertisers have invested $13 billion in internet affiliate marketing during 2017. These numbers view a consistent upward trend that shows how much this industry can thrive even during pandemic times.
That said, you will need to observe 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 etc, in addition to entertainment and supplements saw a stable take of. On far wall, gym and some types of education affiliate offers started to disappear.
However, the largest decline was at ad spend, or perhaps the amount of money dedicate to advertising and campaigns. As result, the affiliate market saw optimal performance simply a quarter following your pandemic had hit. A study done by Rakuten Advertising indicated that through the pandemic 42% of affiliate publishers reported an increase in online traffic. It held steady for another 34% ones, on the grounds that it’s “business as usual”, with all the total performance becoming 57% stronger despite the ongoing circumstances.
If we glance at the forex affiliate marketing online, we percieve the Triennial Central Bank Survey puts it inside a different category – that of $5 trillion each day. It doesn’t include any other markets just like the CFD market, it’s only foreign exchanges. In addition, the global currency trading market was worth $1.93 quadrillion in 2016. That will put this into perspective, the world GDP was less than half of that at the time.
How Forex Affiliates Earn money?
So then, when the forex affiliate companies are that profitable, just how do forex affiliates make money? By doing affiliate products. They are partnership programs available from foreign exchange brokers that supply affiliates with certain conditions under which they are able to receive their commission and profit.
If you browse the web and look various programs, the truth is the same thing called CPA. Which is the cost per acquisition, or perhaps plain english, the fixed amount of cash that you get paid whenever you refer someone and they also make their first deposit.
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