Here’s Why Becoming An Affiliate Marketer Is A Good Idea in 2024

In a world where remote jobs are increasingly becoming the norm, affiliate marketing has also become exceedingly popular among online users. If you haven’t already dipped your toes into the world of online marketing, there’s a chance you might still be a little bit skeptical about the whole thing. There’s also the chance that you’re not completely informed at this stage, and that’s where we’re only too glad to help.

Contrary to naysayers’ predictions, affiliate marketing is not just surviving but thriving with gusto in today’s digital marketplace. This dynamic advertising strategy, where individuals or companies earn a commission for marketing another’s products, has found a robust foothold across various sectors, notably in the online casino industry.

A shining example of affiliate marketing’s success and resilience is https://www.yyc.co.za/, a platform specializing in online casinos. This site brilliantly showcases how affiliate marketing continues to be a win-win for both promoters and businesses. By curating a selection of reputable online casinos, it not only guides users to quality gambling experiences but also guides potential players to choose the best operators around.

So, the bottom line here really is; can you make money from affiliate marketing, and how relevant is it in 2024? That’s what we’re here to find out.

Affiliate Marketing: Is It Worth the Hype?

As long as you’ve got a solid product to market, then the simple answer is ‘yes’, it really is. By implementing and engaging an effective strategy, combined with the right set of tools to help you design and sustain your affiliate program, there’s a good chance you’re onto something.

The idea here is to buddy up with respected bloggers or influencers, who will allow you gain exposure for your product or service by tapping into their audience – all without ever risking being hidden away by one of those pesky ad blockers. With online marketingregularly impacting purchasing decisions, it’s really important for you to put yourself out there if you’re ready to take your business to the next level.

But of course, you should never believe what you read on the internet, right? Here are a couple of stats that speak for themselves.

1. The global affiliate marketing industry is currently worth just over $17b in 2024. (Source: Authority Hacker)
2. Affiliate marketing is the driving force behind up to 30% of online sales. (Source: Influencer Marketing Hub)
3. Over 80% of online brands are currently using affiliate marketing programs (Source: Luisa Zhuo)
4. More than half of affiliate referrals are generated by mobile devices (Source: WinSavvy)

Why Is It So Popular?

If the fact that this global industry is a multi-million dollar one isn’t enough to convince you about the awesomeness of affiliate marketing, here are a couple of additional pros to sweeten the deal.

Affiliate Marketing is Low Risk

The very basis of this genre of online marketing stems from the fact that a marketer is willing to recommend a product or service they already know and love. By addressing an audience that directly resonates with them across a platform they’re willingly visiting. By explaining why they love the product or service in question, viewers might be interested in checking it out – and you’ll automatically get paid if they do, but won’t lose anything if they don’t.

It’s Completely Scalable

Affiliate marketing also gives you the freedom of choosing to promote as many or as few products and/or services as you need, depending on your preferences and overall online strategy. One way of going about things would be starting small and eventually scaling up, allowing you to maintain a core selection of items that work well for you and your audience and increasing others along the way. There’s always the option to remove any that aren’t quite getting the job done too if necessary.

No Customer Support Required

Since, technically speaking, you aren’t the person creating or distributing the product or service, any issues related to it are also not directly related to you, but refer all back to the merchant. In this case you’re merely informing your audience about something that you like, and if they choose to make a purchase following your recommendation, well, there’s a little something in it for you as well.

24/7 Income Generation

Affiliate marketing allows you to generate revenue per customer lead, which means there isn’t an opening or closing time for this activity. Posting regular content and keeping it published allows you to eventually grow your earnings in the background. Apart from that, affiliate marketing tools will also allow you to make the most out of your campaigns allowing you to monetize on your online presence.

Remote, Flexible Working Opportunities

Being an affiliate marketer also implies that the only requirements to get the show on the road are generally a stable data or Wi-Fi connection. By managing your own content and posting updates in your own time, you’re able to work from wherever, whenever.

There’s also an increased level of flexibility associated with this sort of work allowing you to pick and choose the niches you’d like to promote within, as well as selecting what kind of content you’d like to put out there, its frequency, as well as what platforms you’d like to be more visible on.

Top Affiliate Marketing Channels

If you’re interested in getting involved at this point, the affiliate channel you choose will generally depend on your strengths and your ability to generate quality content in each one. Here are a couple of options to consider.

1. Become an Influencer

When it comes to digital marketing, influencers tend to dominate the lion’s share with their engaging content and massive audiences. By curating these pages, influencers are able to potentially impact their audience’s online activity based on current trends and personal recommendations.

2. Write a Blog

If the idea of setting up a ring light and taking videos and pictures of yourself constantly makes you cringe, there might be the chance you’re able to amass a number of readers within your niche market instead. The best blogs usually identify their audience’s pain points, while giving them exactly what they came for at the same time, inspiring them to take action. Here, you might want to consider writing product reviews or creating product comparisons for example.

3. Use Referral Links

By making use of a series of referral or affiliate links that directly share third party services or products, merchants are able to determine where each web visitor has been redirected from, while also helping them to monitor specific campaigns related to the link. By doing so, merchants are able to determine which affiliates require commissions to be paid out.

4. Get Recording

Video content is one of the strongest marketing tools out there, because there are simply some things that a video can cover, and a blog cannot. By allowing the customer to see the product or service in action before making any purchase-related decisions, it’s possible to showcase both effect and function while allowing your audience to interact with your creations at the same time.

Author’s Bio:

Hi guys! I’m Brian Anderson, and I’m an editorwith a top affiliate site. Prior to landing this job, I worked as a journalist, blogger and online website contributor for several online news portals. Aside from editing content and ensuring the QA process is up to scratch, I also make it a point to keep myself updated within the realm of digital and affiliate marketing. The fact that it’s such a dynamic and ever-evolving world is what makes it so intriguing, because let’s face it, there’s never a dull moment!