Quick Answer: No, affiliate marketing is not dead. Stats show the affiliate marketing industry has grown 10% year on year for the last 5 years with no signs of slowing down. Affiliate marketing spending is on the up and up, expected to reach $8.2 billion by 2022. That’s 3x what it was in 2012.
And there’s more:
- 35% of affiliate marketers make $35,000+ per year [Source]
- 81% of all brands now have affiliate programs, including Amazon, Sony, Apple, Walmart and eBay [Source]
- Affiliate marketing generates 5% to 25% of online sales for the world’s biggest brands [Source]
And check out this graph showing how interest in affiliate marketing has increased in the last 5 years:
I’ve been in the affiliate marketing game since 2014 and every year without fail, people ask if affiliate marketing is dead or dying…
But that’s definitely not been my experience and as they say, facts don’t lie:
There has never been a better time to build an affiliate marketing business and the best is yet to come.
Yes, things have changed a lot since I started out but the earning potential is bigger now than it’s ever been.
And the truth is, anyone who is willing to commit to the hard work needed can absolutely do great things in the online space.
Every day we see students:
- Create their first website
- Celebrate their first sale
- Achieve their first-ever $100 day
And you can absolutely do it too!
The key is learning how to do it right.
That’s why, here at Commission Academy, we will set you up for success with our affiliate marketing crash course for beginners that will walk you through everything step by step, as well as weekly live hangouts where you can ask questions and talk to us directly.
First Off, What Is Affiliate Marketing?
We follow this 3-step process that works for us every time:
- Create content
- Attract visitors
- Generate revenue
Check out our Affiliate Marketing Guide For Beginners to see how it works:
Affiliate Marketing Is Set To Boom In 2022 And Beyond
Affiliate marketing is alive and kicking and anyone smart enough to grab their slice of this $12 billion a year pie is only going to continue to see their business flourish and thrive.
Here are my 3 top reasons why I’m not worrying about affiliate marketing dying any time soon:
1. There Are 7.7 Billion People In The World, Only 4.9 Billion Online
62% of the world’s population has access to the internet. That means there is still a heck of a lot of people out there who aren’t even online yet…
But 600,000 people got access to the internet in the last 24 hours.
And the number of daily internet users has grown by a whopping 222 million in the last 12 months.
That’s more and more people booking flights, finding hotels, buying clothes and shopping online. Our spending habits have changed. Now it’s less window shopping on the high street and more scrolling online stores.
2. Traditional Stores Are Shifting Their Focus To Online
Amazon is probably the best example of how much we are now spending online.
Just look at how their profit margins have soared in the last few years:
It’s not just Amazon either…
As I mentioned, 81% of all major brands now have affiliate programs and that number’s only going to increase, especially post Covid. Many retailers have shut their shopfront shutters and gone online instead.
We are all spending more money online each year. This gives a huge opportunity to the affiliate marketers who have the right knowledge and skills to match the right people with the right products.
I really hope you’re starting to see just how big the earning potential is here. The sky’s the limit!
3. Affiliate Marketing Is Super Simple And Scalable
Finally, the third reason affiliate marketing is here to stay is because it gives everyday people like you and me a real chance at escaping the 9 to 5 rat race and building an online income for ourselves.
Think about it, affiliate marketing:
- Has very low startup costs (especially compared to dropshipping)
- Needs only a laptop, internet connection and the right training to get started
- Works around you and your schedule
- Gives you a way of turning your passion into a thriving online business
Is Affiliate Marketing Dead? Nope, It’s Only Just Begun!
While the way super successful affiliate marketers work may have changed over the last few years, what hasn’t changed is the fact this is a highly lucrative online opportunity.
Like any other business, there’s a learning curve and some effort required on your part, but trust me, it’s worth it.
Affiliate marketing isn’t dead, it’s thriving.
The real question is:
When are you going to get off the fence and start taking action?
Because the sooner you get started, the better.