Affiliate Marketing is a business model that is becoming a trend and brings many benefits to participants, including sellers, suppliers, and buyers. NHUONG BLOG once had articles introducing affiliate marketing as well as sharing ways to make money online with affiliate marketing quickly and effectively and received enthusiastic support from readers.
Continuing with the topic of Affiliate Marketing, in this article, NHUONG BLOG will provide you with the figures from the statistics of the overall performance and development of the Affiliate Marketing model in the world. Be sure that these will be the numbers with extremely interesting information worth your attention and learn.
- $ 5.3 billion has been spent on affiliate marketing in the US in 2017
A Forrester Consulting study looked at US affiliate marketing spending and predicted that this domestic total marketing spending will increase 10.1% annually until 2020. Total spending on activities The affiliate marketing dynamics in the US in 2017 is reported to be 5.3 billion dollars. By 2020, this spending could increase to 6.8 billion dollars. Can see the Affiliate Marketing market in the US is “hot” and is a lucrative prey of the audience like.
2. 81% Brand Using Affiliate Marketing Program
Previously, affiliate marketing programs were mainly used by advertising agencies, intermediaries to sell effectively and have a lot of income. However, as of 2016, 81% of big brands and 84% of suppliers have implemented and participated in the affiliate marketing model.
3. Search Preferences Increased 30% For Keywords “Affiliate Marketing”
According to statistical reports from Google Trends, from September 2016 to September 2017, the search interest in users’ “affiliate marketing” has increased by 30%, suggesting more and more users. Interested in this marketing model, or wish to learn how to get involved.
4. 20% Annual Revenue Of Suppliers Created Through Affiliate Marketing
Many suppliers today have adjusted their online business strategy to generate revenue through social media, such as Discover Snapchat, to make up for the reduced revenue share. Affiliate marketing in the form of advertising and product evaluation has generated 20% of annual revenue for suppliers in many areas.
5. 16% Online Orders Created Through Affiliate Marketing
Affiliate marketing has contributed to promoting the number of online orders similar to other forms of Online Marketing such as email marketing, special promotions, and sales events. Similarly, paid searches promote 20% of online orders and search accounts do not pay for 21% of online orders.
6. An Influencer Can Bring 7 Million Dollars Of Sales For Affiliate Marketing In A Year
Jason Stone, known on Instagram as Millionaire Mentor, created $ 7 million in retail revenue from June 2016 to June 2017 through affiliate marketing programs. The person in charge made it clear that he was only involved in affiliate marketing campaigns that fit the audience’s interests.
It can be said that affiliate marketing is considered successful when you use influential people to support the promotion of products to the appropriate audience.
7. Fashion Is The Most Popular Affiliate Marketing Category, Then Sports And Health
According to an analysis of over 550 affiliate marketing programs, 18.7% of affiliate campaigns promote fashion-related products. Affiliate marketing for outdoor sports and active products accounted for 14.6%, and health/health care and beauty accounted for 11.1%. This is probably the 3 most popular categories of affiliate marketing currently available as it is quickly profitable and has a huge user attraction.
8. Influencers Receive 1-10% Commission When Affiliate Marketing With Amazon
In March 2017, Amazon changed the commission rate for its affiliate marketing activities. Previously, participants in the affiliate marketing model could earn 4-8.5% of product sales. Now, if you join affiliate marketing with Amazon, you can earn commissions up to 10% to promote luxury items and the lowest commission level is 1% for selling video games…
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