Affiliate Marketing Industry to Grow to $6.8 Billion Over Next Five Years
Hi Guys,
One of my subscribers asked, if and how profitable Affiliate Marketing still is in 2016, some even emailed me saying affiliate marketing is dead!!!
Although I knew the answer, not in as much detail as below, but I know it is profitable, so I researched and found the following estonishing.... read for yourself....
February 4, 2016 by mThink
"NEW YORK, NY–(Marketwired – Feb 4, 2016) – Rakuten Marketing today released findings of a survey Rakuten Affiliate Network commissioned to Forrester Consulting on the perception and effectiveness of affiliate marketing programs. Among the results, nearly 90 percent of advertisers said that affiliate programs were important or very important to their overall marketing strategy, and the majority of publishers revealed that affiliate partnerships drove more than 20 percent of annual revenue. Once regarded primarily as a tool to drive consumers to the purchase event, affiliate marketing is now viewed as a powerful channel for consumer discovery that leads to brand engagement and incremental sales at compelling ROIs.
According to the study, the affiliate marketing space has matured into a significant channel for driving sales for advertisers of all sizes. US affiliate marketing spend will increase by a compound annual growth rate (CAGR) of 10.1 percent between 2015 and 2020, to an estimated $6.8 billion industry. The platforms that affiliate networks provide for advertisers and publishers are in many cases the engines of sales growth, offering measurement and quality assurance for both."
$6,8 billion! Do you know what that means?
The world Population is currently at about 7,5 billion people. If I count everyone in, that would mean that everybody could potentially have a $900.000 piece of cake!!! "Jaw dropping"
So, still sceptical?
Many who hear about affiliate marketing for the first time, believe that all they need is a website with some links and content and that is it.
Well, if you are one of them, be adviced that there is more to it. I personally treat my sites with care, like a baby. You don't make a baby and than leave it to it-self.... would you?
I love the figure above because it shows that there is enough money to be made for EVERYONE.
Let this be todays Motivation....
Have a great day Guys,
Nancy
Recent Comments
2
Great info Nancy, thanks for the share :)
You are welcome. Thanks for the like.. :-)
Nancy