Q: Is affiliate marketing still rewarding?
A: Affiliate marketing drew back in 1994 when CDNow introduced the very first affiliate program, and since individuals have actually been questioning if they can still earn money with it. The response is and constantly has actually been yes.
The photo with this post is me at my very first affiliate marketing task, which I drew back in 1997. Potential affiliates I pitched then were uncertain and individuals brand-new to the market are still doubtful.
James Marciano, who established Refer-It (my next affiliate marketing task), the very first affiliate program directory site back in the ’90s, stated it finest when he called affiliate marketing a “recession-proof marketing channel.”
” When the economy tanks, the CEO cuts the marketing budget plan. The sales budget plan does not get cut. With these programs, you’re out there currently earning money for absolutely nothing,” continued Marciano.
We saw this play out when the dot com bubble burst, along with in 2008 when the economy remained in bad shape. Through everything affiliate marketing has actually stood firm.
And you understand how there are constantly short articles around Christmas-time how the most recent year had the greatest sales in the history of E-commerce? Well, as E-Commerce grows, so does affiliate marketing and the chances around it. Practically every huge brand name has an affiliate program, and they are prevalent with medium-sized and little companies, too.
So, yes, it’s still rewarding, however not for everyone. Great deals of individuals wish to be affiliates and they slouch about it and do not include any worth to a deal. Make every effort to offer a service or fix an issue as an affiliate and keep at it and you can generate income.