Did you know that every single year billions of dollars are spent on affiliate marketing in the United States and around the world? Affiliate marketing is one of the primary sources of income for social media influencers, bloggers, and many other leading publishing online businesses. For that reason, we’ve compiled 15 affiliate marketing statistics you need to know New to affiliate marketing?
Affiliate marketing is the art of promoting and selling another company’s products or services with the sole purpose of receiving a commission in return. The commission you earn depends on the effort you put in the marketing and the number of unique clicks and purchases you get through your affiliate links.
Although affiliate marketing is known as an easy way to earn extra cash on the internet by many people, it’s not that simple. If you work hard, acquire affiliate marketing skills, knowledge, and put in enough commitment, you can transform the commissions you earn into a full-time income. Learn more about affiliate marketing here.
The main reason why affiliate marketing has become such a lucrative business model is the increased number of people using the internet globally. That has led to more people embracing online shopping and e-learning as more efficient and cost-effective compared to the conventional means. An affiliate marketer acts as a link between users in need of these online learning materials and shopping products and the company providing them. You will drive users to make purchases, and in return, the company behind the products will give you a commission of the products sold.
infographic by: bloglingo.com