Affiliate marketing can be lucrative, but it takes a commitment of time and money to make it a real business. Do thorough research before you jump on the affiliate-marketing bandwagon. Traditional advertisements and selling your own products can help if your affiliate-marketing revenue dries up.
Are affiliate marketers profitable?
Is affiliate marketing worth it? Theres no doubt affiliate marketing is worth it, given its growth in popularity. Statista estimates the affiliate marketing industry will reach $8.2 billion by 2022, up from $5.4 billion in 2017. Its also a low- to no-cost business venture you can profit from immensely.
How much money does the average affiliate marketer make?
Average annual earnings for affiliate marketers are $65,800, with the range between $42,000 at the low end, and $83,000 at the top end. ZipRecruiter has the highest forecast for affiliate marketing passive income, at $154,700 a year.