The Definitive List of Affiliate Marketing Statistics in 2023

Of course, commission varies depending on the service you want to promote. Take a look at their full offerings here. Every day, thousands of publishers benefit from a recurring cash inflow by partnering up with other companies via affiliate programs. There aren’t any set numbers on how many successful affiliate marketers there are. The growth in affiliate programs will continue to be driven by the booming e-commerce industry.

Despite having large niche audiences, the partners are not simply holding up a product and telling their followers to buy it. This is the year many brands will begin to delve more into the Metaverse. It’s only a matter of time before brands see the potential for affiliate partnerships for both physical products and virtual-world wearables and products. With podcasting, the potential for returns is high, and the reason they are successful is that people consume content because they want to listen to it.

The Definitive List of Affiliate Marketing Statistics in 2023

By 2022, the affiliate marketing industry is forecasted to eclipse the $8 billion mark, nearly double what it was worth in 2015. Affiliate marketing is becoming an increasingly popular way to make extra money, especially with the growth of eCommerce. It allows affiliates to get…

63.) PayPal is used by 19.16% of marketers as their primary payment channel, followed by BTC , which is used by 69% of the affiliates’ population. 34.) According to the most recent data, affiliate marketing is used by more than 80% of advertisers. 29.) Over $1 billion in revenue is generated by the top coupon affiliate websites.

How to start an affiliate marketing website?

Extremely beneficial to bothbrandsand affiliate marketers, the new push toward less traditional marketing tactics has certainly paid off. Affiliate marketing can yield great rewards for the advertising company and the affiliate marketer. The company benefits from low-cost advertising and the creative marketing efforts of its affiliates, and the affiliate benefits by earning additional income and incentives. The return on investment for affiliate marketing is high as the company only pays on traffic converted to sales. The cost of advertising, if any, is borne by the affiliate. Today, affiliate marketing is one of the most effective ways to earn an income online, drive sales and increase brand awareness.

In the same research, but only taking into account active publishers, CJ Affiliate emerges on top with 15.7% of active publisher links. America is the biggest player in the affiliate industry with a 39% share. Affiliate marketing spending has grown by 27% CAGR and expected to grow by 10% in the next few years. 89% say ROI from influencer marketing is comparable to or better than. Affiliate marketing accounts for16% of online orders. Affiliate marketing spending in the UK grew by 15.1% in 2018.

What is the best affiliate marketing program?

Of the 35% of affiliates who earn more than $20,000 per year, 12% make over $75,000 in affiliate income. Sports/outdoors makes up 18.16% of all affiliate programs online. 51% of affiliates move on to the next option once they get rejected by an affiliate program. Typically, commissions range from a minimum of $3 to $200 or 1% to as high as 60% per https://xcritical.com/ sale, depending on the affiliate program and niche. According to the Glassdoor platform, the affiliate marketing average income in the UK is approximately £34,641 annually. Theretail sector contributes 43% of total affiliate marketing market revenuefollowed by telecom and media, travel and leisure sector which contributes 24% and 16% respectively.

Namely, the commissions on this platform range from 1%‒4%, with a maximum payout of $550 for a qualified sale. Another prominent trend among US shoppers is checking multiple websites, and 16% of them admit to visiting more than four affiliate sites before completing a purchase. Furthermore, most publishers said that affiliate partnerships drove over 20% of their annual revenue. Art and philosophy came bottom of the pile, with just 1.2% of affiliate efforts currently targeting this niche. In fact, according to this year’s AWIN report, global spending here is set to hit as much as €12 billion this year, with £1.6 billion spent by companies within the UK. When interacting with influencer content, 64% of consumers say that they prefer watching videos.

She has covered all the major developments in SaaS and B2B software solutions, from the introduction of massive ERPs to small business platforms to help startups on their way to success. Automation tools will continue to enhance the effectiveness of various marketing processes, including affiliate marketing. Businesses will continue to leverage the marketing opportunities offered by micro-influencers or content creators with less than 100,000 followers. Cash-back and loyalty programs account for 43% of total affiliate sales, followed by voucher codes (30%).

The global market size of the Affiliate Networks industry is over 100k companies

While the previous steps will help start your affiliate marketing career, there’s no guarantee it will bring in affiliate revenue. In addition to tracking the links, constantly optimizing why analyzing affiliate statistics and reports is important for a brok your marketing efforts is necessary to increase affiliate income. You can simply research brands within your niche and see if they offer affiliate programs that you can join.

7% of companies plan to invest over a million dollars in influencer marketing in 2020. 93% of Pinners use it to plan purchases, according to marketing industry statistics. It’s so effective that 38% of marketers point it out as their top acquisition channel. Affiliate marketing spending increases by 10% every year. Affiliate marketing spendingincreases by 10%every year. The U.K.

• Sendinblue’s free and affordable pricing plans make it a very attractive revenue opportunity for bloggers and publishers in the email marketing space.
• This is a good trend for those affiliates who are focused on mobile traffic.
• Hostinger, Elementor, Cloudways, SiteGround, GreenGeeks, WP Engine, SEMrush, Kinsta, and Liquid Web are the top 10 high-paying affiliate programs to join.
• They like to read stories about employee well-being.
• ShareASale’s parent company paid affiliates roughly 734 million dollars to affiliates in 2018.

Driving traffic to your websites and getting users to click and convert will be your obsession, and it requires constant attention, optimization, and work. When SEO and organic strategies are not getting you the results you want, PPC, or paid advertising, is a way to get traffic and boost performance more quickly. While SEO is free, PPC means you are paying upfront to serve ads on search, social, display and native ad networks. On the other hand, you have more control over who sees your ads, as you can use targeting and optimization tactics to reach your best audiences.

How to Start Affiliate Marketing FAQ

For years, brands have tried to hide paid promotions, but lately, things have completely flipped. Affiliate disclaimers and paid promotions are now required to be labeled in many jurisdictions. Affiliate marketing has skyrocketed, even in the past year. If most of your affiliates are bloggers, think about being more active in inviting your existing customers for more personalized promotions. Instead, they use their position as industry leaders to create in-depth, educational content around the products they are promoting. They discuss how to use the product, what skin conditions they target, and why the ingredients work.

Plus, it’s heavily endorsed by Pat Flynn from Smart Passive Income. The Kajabi Partner Program is currently only open to Kajabi users. As an affiliate, you’ll receive a 30% lifetime commission for any new member you bring to Kajabi that stays active past their trial period. What’s more, you will be treated to special rewards as you progress.

In this program, the merchant pays the affiliate a percentage of the sale price of the product after the consumer purchases the product as a result of affiliate marketing strategies. In other words, the affiliate must actually get the investor to invest in the affiliate product before they are compensated. These affiliates often have some sort of influence in the niche and an established following, and can therefore offer some authority.

How many successful affiliate marketers are there?

Your earning potential is thus limited. On average, affiliates will earn between $0.15-$0.75 per click-out. While it may not seem like a lot, since your revenue is only dependent on clicks , this can add up quite nicely. Affiliates receive $10 for every referred customer. You’ll receive a wide variety of creative assets to help you promote the app and a dedicated account manager to help you boost your marketing efforts. Each time someone clicks on a flight on Momondo’s website from your site’s link, you will earn $0.65 for desktop and tablet users, and $0.45 for mobile users.

Some of the top markets for gaming affiliates include the UK (43%), the US (33%), and Asia (23%). Most affiliates will promote 10 products or less. Cryptocurrencies have become one of the more promising verticals in affiliate marketing. Always have a mobile-friendly website if you want to boost affiliate sales. ShareASale is highly regarded and rated at 4.5 stars by affiliates on ace affiliates. ShareASale is based in Illinois and started in 2000.

Which ads is best for affiliate marketing?

The advertiser must convert that visitor first. It is in the best interest of the affiliate to send the most closely targeted traffic to the advertiser as possible to increase the chance of a conversion. The risk is absorbed by the affiliate who funnels their traffic to the campaign . In the case a conversion is not fired the publisher won’t receive any compensation for the traffic.

It means over 50% of total affiliate sales is in either of these four categories. What percent of affiliate marketers are profitable? Well, the largest group of publishers, 18.8%, earn less than $20k annually, but the other 80+% are making decent profits. The next 20% earn between $20-80k each year.