So guys What’s the future of affiliate marketing in 2022 looking like?
For the last few years, it has been difficult due to a number of things but mainly down to forced lockdowns.
Economies struggling, people losing their jobs, businesses holding back on their spending and a host of other things.
Even a war which seems to have made matters even worse!
What has come out of all this is the vast number of people who now work at home, that is if they still have jobs.
This leaves it wide open for people who are now looking for work-from-home opportunities.
Affiliate marketing has always been popular but more so as we can tell by the number of websites that are coming on stream daily.
People are now seeing opportunities of working online where there are many with affiliate marketing as being one of the best.
[Affiliate Disclosure: The Future of Affiliate Marketing in 2022 has been thoroughly researched from information and testimonials that are in the public domain. This post may contain affiliate links which means we may earn a small commission, however, this won’t affect what you pay!]
For Those Who Don’t Know, What Affiliate Marketing is About?
Affiliate marketing is really a business model with a very simple concept.
Where the merchant or retailer would pay the affiliate for finding consumers and redirecting them to their store.
This could be commissions for leads or commissions for sales of products or services.
The job of the affiliate is only to find and direct consumers to the merchant and once they purchase a product or service they are paid a commission.
That’s pretty much it in a nutshell!
So in essence all the affiliate has to do is link the consumer with the merchant and everything else is taken care of.
Take a look at the image below…
Commissions can range from 1% all the way up to %70 or even as high as %80 in some cases.
So the more expensive the product the more commission you would make and this is termed as a win-win for both parties concerned.
What connects the affiliate with the merchant is an affiliate program which is normally free to join.
You receive your personal affiliate link and you are ready to go, this way the merchant can save on their marketing budgets.
Freeing up more money to pay affiliates for helping them out.
What’s The Future of Affiliate Marketing in 2022 Looking Like?
The future of affiliate marketing in 2022 is looking pretty good and on the up however, if you want to partake you have to change with the times.
It’s a very busy world out there and things are moving on somewhat with over 80% of brands that already have affiliate programs.
That can only mean one thing for the affiliate marketer, more income!
Since 2015 the affiliate marketing revenue has increased each year by approximately 10% which is a jump to around 60% here in 2022.
Where analysts have predicted it to reach around $9 billion in the US alone with a global reach of over $20 billion.
What Does That Mean For The Future of Affiliate Marketing?
Well, take a look at the number of users who currently have access to the internet.
In 2020 that figure looked something like 4.5 billion and two years later you are looking at near to 6 billion. That’s over half the world’s population!
What do people do when they are on the internet?
That’s simple they are looking for advice, and information on anything and everything. We’ve all heard the term, just Google it!
There are other search engines out there but most people know and love Google and besides Google takes around 93% of the search engine market.
That’s approximately 5.58 billion users looking for advice which is great for affiliate marketing because that is where the money is.
What’s The Future of Affiliate Marketing in 2022 – What is Involved as an Affiliate Marketer
We mentioned that the concept of affiliate marketing was a simple one but executing it in the right manner takes time.
There are various ways that you can do affiliate marketing.
Such as posting links on social media, creating videos on Youtube, creating landing pages and using paid traffic plus too many more to mention.
What we believe is the best way, is to create a website and use SEO or search engine optimization to find traffic.
That means we are adopting a free method as opposed to a paid method for our marketing campaigns.
That means we will be saving thousands of dollars over a period of time.
If you took a look at an earlier link then you will have an understanding of what is involved through this method.
However, if you didn’t then here are the 3 steps that are involved.
It All Starts With A Passion
A passion, interest, hobby and something that you are going to love getting up in the morning and focusing your time and energy on.
Now it doesn’t have to be singular but you want to become an authority in your passion and therefore it is easier to concentrate on one thing.
You do not want to spread yourself too thinly!
It can literally be anything, golf, fishing, investments, making money online, fashion, health and wellness and the list goes on…
To give you some sort of an idea of what we mean, people on a day-to-day basis key into the Google search engine over 8.8 billion keywords.
All those keywords have the potential to become your interest or passion.
Once you have decided on what your business is going to be about then you …
Create Your Website
Normally any mention of a websitesends people running to the hills but I am not sure just why.
Nowadays there is no need and I should know since I have been a software developer for many years and hardly ever use those skills.
The basis of a website you can create in less than 5 minutes, it is that easy with thousands of professionally-looking themes to choose from.
There are over 50,000 plugins that you can install that do all the fancy stuff so that you don’t have to.
Another thing people will run away from, however, you are writing constantly on social media and texting friends.
So writing shouldn’t be an issue, especially when you are doing it as a job and want to make money to create a better life for you and your family.
What are you going to write about I hear you say?
That’s easy, you know the passion that you choose that your business was to be about well everything related to that.
So if you choose Drones, then your website would be about drones and everything that people are asking about in the Google search engine.
- Best drones for beginners
- Drones with cameras
- Drones under $200
- Expert drones for filming
To do this you would use a keyword research tool and something like Jaaxy but there are many out there, I only mention Jaaxy because I use it.
The idea is to find out what people are searching for and the level of competition so that we can avoid and find less competitive keywords.
Once you have found your keyword then that is what you would use as the title of your content or blog post.
So if your title was “Best drones for beginners” then you would write about the best drones for beginners.
What happens is that many people will be searching for the “Best drones for beginners” and guess what.
Your website will be at the top of page one of Google where people can see it and a 30-50 per cent chance they will click on that link and go to your website.
That’s effectively it, but because we are using SEO that takes time but 6-12 months down the road.
People will be seeing your site in their hundreds and thousands.
So how do we get paid?
That’s easy also because there are hundreds of Drone retailers out there that have affiliate programs that we can join for free.
A few to mention would be Amazon, Walmart, Target, Drones Direct, DJI…
Just type Drones + affiliate programs into the Google search engine and you have a list of merchants that allow you to sell their stuff in this case Drones.
As we mentioned earlier it depends on what your niche is about and what commission percentages are and this can be from 1% up to 80%.
Obviously, the combination of the product cost and commission rate determines what you are paid if the consumer purchases.
Let’s say a drone merchant paid out 4% and you managed to sell a professional drone costing $3,000.
Your commission would be $120, now we know that doesn’t seem a lot but if it was a trending product and you were high in the Google rankings.
Just think if you sold 100, then that would go from $120 – $1200.
Now, this is just an example, it could be more or it could be less but your site is constantly on the internet 24/7 and you don’t have to do anything.
Other than creating more content and the more content you create the more traffic will come to your site.
All you do is rinse and repeat what we have just mentioned in this section.
The more content, the more traffic, which means the more potential for more sales.
Where Can You Learn Affiliate Marketing?
There are many ways to learn affiliate marketing, you could try and do it all yourself by watching Youtube videos like we first did.
The problem here is that there are far too many conflicting ways to do what essentially should be straightforward.
Not only that, but most people are trying to sell you something so you aren’t really getting true value but that is my own opinion.
Yes, we spent some time trying to find our way and when something doesn’t work then you move on to something else or someone else.
That ends up being like a vicious circle and all that happens is that frustration sets in, you get annoyed and you end up giving in.
You have to find a mentor and a place that you can trust and I hear you saying, “Well, that sounds expensive”.
Yes it can be if you end up joining a program where all they are interested in is taking your money and I hate to say it but probably around 97% are just not worth entertaining.
I have tried several in the past looking for a quick and simple solution and all that happened is they didn’t work and I lost money.
Eventually, I did find a solution and it was by joining Wealthy Affiliate, a company that has been going since 2005.
They have around 500k active members and have seen over 2 million people in that time.
I was very sceptical and it gets you that way because you feel that this is just another scam, just another waste of your time.
But, I get it because we have been there but if you don’t try then you will never know and besides this will not cost you a dime to look.
That’s entirely up to you, discard what I am saying or take a chance and remember you won’t even have to hand over your credit card details either.
Future of Affiliate Marketing, The Type of Questions That People Are Asking
- When Was Affiliate Marketing Created?
The first rendition of affiliate marketing came about in 1989 which so happens to be the year that Cern made it available as the world wide web.
That was due to the company PC Flowers and Gifts founded by William Tobin which was launched on the Prodigy Network.
Was the company successful, absolutely it was.
- What Is The Best Affiliate Programs For Beginners in 2022?
It depends on who you talk to but for a beginner, these are the ones that people tend to head towards. The percentages are the highest available.
- Amazon Associates – 20%
- Clickbank – 75%
- Aweber – 30% recurring
- LeadPages – 50%
- Elementor – 50%
Each affiliate has what we call a cookie which is a text page with details recorded, which lasts for a length of time.
Once the consumer is on the site then they could be on there for quite some time and purchasing many products and services.
You would make commissions on every sale with the timespan.
- Is Affiliate Marketing Still Viable?
I think we have established that affiliate marketing is going nowhere fast.
Since 2015 each year the affiliate marketing industry revenue has increased by 10% and is continuing to rise.
Especially as there are so many people now coming online with it worldwide well over $20 billion.
- What Is Better Than Affiliate Marketing?
I am going to be biased here and once again it depends on who you talk to but affiliate marketing is certainly the easiest and most cost-effective.
To give you some sort of idea, it costs me in total on a day-to-day basis around $1.40 and that includes the membership of a training platform.
- What Is Bad About Affiliate Marketing?
Just because we say that affiliate marketing is an easy concept doesn’t mean it is going to be easy because as you probably know.
Any business venture is going to take a lot of hard work and besides this industry isn’t something you can do for a short while and forget about.
- What’s Better Dropshipping Or Affiliate Marketing?
Dropshipping I hear is dead in the water but I don’t think it really is with dropshipping your initial outlay is going to be between $5000 and $10,000.
Here it is going to be very competitive and it’s all about finding the right product and where you can source it from.
Yet again it is all about finding the right traffic and getting that sorted and the skies the limit.
But for me, it has to be affiliate marketing simply because it is so simple and straightforward.
- Why Is Affiliate Marketing The Best?
We have laid it out earlier in this post where all that is required is a niche, website, and content followed by commissions.
- Is Affiliate Marketing A Risk?
Every business venture is a risk but your outlay compared to let’s say drop shipping is going to be minimum.
What tends to happen is that people start affiliate marketing thinking that it is going to be an instant overnight success which it never is.
How we Make Passive Income Online?
To round things off and thought that you might be interested in how we make a living online.
We mentioned that we are a member of Wealthy Affiliate and have been now since 2017 and we aren’t going anywhere.
The training whilst good for a complete beginner gives you access to everything that you would need to be successful.
The training platform is very professional yet very easy to find what it is that you are looking for.
Help for me has to be top class and it is here at Wealthy Affiliate because there are many ways to find help and you won’t be waiting long either.
Instead of me boring you with all the details why not head over there and find out for yourself.
Anyway, that’s about it for this post and hoped you enjoyed it, if there is anything I can help you with shoot me a comment.
Thank you for reading and stay safe.