Rapid response is “a lot”. First of all, let’s mention affiliate internet marketing in general. Could it be still profitable, even in 2021, one year later the worldwide pandemic hit almost all markets and industries? Let’s take a look.
Forex Affiliate Spending
Statistics demonstrate that the affiliate marketing spending in america alone may be growing steadily throughout the years. Also, it is believed to rise to $8.2 billion by 2022. This can be more than triple the numbers from Decade earlier. Over a global scale, advertisers have invested $13 billion in affiliate internet marketing during 2017. These numbers view a consistent upward trend that shows just how much this industry can thrive even in pandemic times.
Having said that, it is important to observe that rolling around 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, as well as entertainment and supplements saw a steady take of. On other part, gym and some types of education affiliate offers begun to disappear.
However, the largest decline is at ad spend, or cost 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 indicated that through the entire pandemic 42% of affiliate publishers reported an increase in web site traffic. Which it held steady for one more 34% of these, proclaiming that it’s “business as usual”, with all the total performance becoming 57% stronger despite the ongoing circumstances.
If we look at the forex affiliate internet marketing, we see that the Triennial Central Bank Survey puts it in a very different category – that of $5 trillion every day. It doesn’t include another markets such as the CFD market, it’s only foreign exchanges. In addition, the international forex currency trading market was worth $1.93 quadrillion in 2016. To place this into perspective, the international GDP was not even half of that back then.
How Forex Affiliates Make Money?
So then, if your forex affiliate companies are that profitable, how do forex affiliates generate income? By doing affiliate products. They are partnership programs made available from foreign exchange brokers offering affiliates with certain conditions to which they could receive their commission and profit.
Once you see the web and consider various programs, the thing is the same thing called CPA. This is the cost per acquisition, or perhaps short, the fixed amount of cash that you receive paid when you refer someone and so they make their first deposit.
More information about fx partner visit our new web page