Reasons To Be An Affiliate Marketer
Here to Stay, If it Evolves it Lasts For years, people have predicted the collapse of affiliate marketing, but the sector has continued to thrive. According to Statista, affiliate marketing spending in the United States predicted to exceed $8 billion by 2022, up from $1.6 billion in 2010. What is propelling the affiliate marketing industry forward? In a nutshell, value. Affiliates can generate cash for their advertisers in ways that no other advertising media can. According to SaaS Scout's 2020 Industry Report, affiliate programs account for 15% to 30% of all sales for advertisers. I've seen affiliate partnerships account for up to 40% of new client acquisitions at my own company, which specialized in financial services affiliate marketing. Affiliate marketing is so powerful that over half of U.S. executive-level marketers said they have more spend control and higher ROI in affiliate marketing than in other paid channels, according to a recent marketer survey. Affiliate marke