Here, we’ve aggregated robust research-backed statistics all about affiliate marketing from verified sources. Read on to learn the top affiliate stats, industry growth figures, facts about affiliate marketing trends, and so much more.
Ready to get into it? Here we go!
Top affiliate marketing statistics in forex prop industry
- Over 98% of prop firms use affiliate marketing programs
- Affiliate marketing is a $1 billion industry in prop trading
- Affiliate marketing spending is growing over 34% year over year
- 47% of the digital media industry’s revenue comes from affiliate marketing
- Over 80% of affiliate marketers claim SEO drives the most traffic to them
- Affiliate marketing is the top acquisition channel for 40% of US merchants
- 40% of online marketers consider affiliate marketing as a critical skill
- 50% of all affiliate traffic comes from mobile devices
- 79% of marketers use affiliate marketing to engage existing customers
Who are typically The Top-Performing Affiliates?
- Reviews portals
- Forums
- YouTube channels
- Telegram and Discord groups
What is affiliate marketing?
Affiliate marketing is the marketing strategy where an online retailer pays a commission out to another for helping generate sales, referrals or website traffic. It’s like word of mouth marketing but affiliates paid when they successfully convert someone, therefore giving them an incentive to advertise a certain product, service or brand.
An “affiliate” is a person or a company that earns commissions through their efforts. Common affiliates are social media influencers, bloggers or blogs, and even newsletters or websites. Essentially, anyone with a following can begin affiliate marketing and has the potential to be successful.
As you’ll soon learn, companies love affiliate marketing. Why? Because advertisers only pay out commissions when an affiliate converts. Affiliate marketing is a smart sales cycle that’s financially beneficial to the company—and the affiliate. It’s a win-win!
Now that you have some background, let’s get into the real affiliate marketing statistics.
Which type of marketing generates the most revenue for the forex prop firms?
- Affiliate marketing 47%
- Google advertising 21%
- Social media advertising 18%
- Email marketing 8%
- Direct organic sales 6%
The Benefits of Affiliate Marketing
Why should you consider becoming an affiliate marketer? Is it really the best way to make money from your site?
Here are a few key benefits of getting into affiliate marketing.
It’s low-cost and low-risk: All you have to do is add some content and links to your site. Other than the cost of running the website itself, you don’t have to pay any money upfront. And if you never sell anything with your affiliate links, you don’t lose anything.
With time, you can build a steady stream of passive income without much investment.
The opportunities are wide-ranging: Whether your website is focused on cooking, travel, or software reviews, there’s an affiliate marketing program out there for you.
You can work from home: As earning income from the comfort of home becomes increasingly popular, so does affiliate marketing.
Making money off of your website allows for a flexible schedule and lifestyle.
You don’t need to be an expert. You can become an affiliate marketer without any special knowledge or skills. Just try different ways of promoting affiliate products and see what works.
If you already have a blog, social media presence, or email list, you may already be doing a lot of the work. For example, you can just add a product review blog post to your regularly scheduled articles.
It’s lucrative. We’ll get into some income stats in a bit. Suffice it to say that affiliate marketers have the potential to make really good money.
Affiliate Marketing Is the Most Successful Channel in All Industries
How Many Commissions Do Prop Affiliates Make on Average?
We have studied most of the prop firms and their affiliate statistic. If we talk about the most popular prop firms, they have, on average, over 20,000 active affiliate marketers.
According to a statistic found online about one of the leading prop firms, the average annual passive affiliate income is over $60,000.
How Much are Prop Firms Spending for Affiliate Marketing?
Most of the advertising budget prop firms spent on affiliate marketing ( over 70% of the marketing budget ).
According to top affiliate stats, industry growth figures, and facts about affiliate marketing trends, top prop firms spent over $20,000,000 per month on affiliate marketing.
If you require assistance in locating the ideal affiliates, please don’t hesitate to reach out to us.
