Is affiliate marketing still relevant in 2023? If yes, how to make the best of it ! (2024)

Is affiliate marketing still relevant in 2023? If yes, how to make the best of it ! (1)

  • Report this article

Saurabh T Is affiliate marketing still relevant in 2023? If yes, how to make the best of it ! (2)

Saurabh T

CEO at Zero Cost Digital Marketing / Owner Drumofy

Published Aug 4, 2023

+ Follow

  • Is affiliate marketing still relevant in 2023? If yes, how to make the best of it !

  • Affiliate marketing has been around for decades, but it is still a very relevant way to make money online in 2023. In fact, the affiliate marketing industry is expected to reach $8.2 billion in revenue by 2023.
  • So, what is affiliate marketing? Affiliate marketing is a type of marketing where you promote other people's products or services and earn a commission for each sale that you generate.
  • There are a few reasons why affiliate marketing is still relevant in 2023. First, it is a low-cost way to start making money online. You don't need to have your own products or services to start affiliate marketing. You just need to find a product or service that you believe in and promote it to your audience.
  • Second, affiliate marketing is a scalable business model. As your audience grows, so will your income. This means that you can potentially earn a lot of money with affiliate marketing if you are willing to put in the work.
  • Third, affiliate marketing is a sustainable business model. As long as there are products and services being sold online, there will be a need for affiliate marketers. This means that you can build a long-term business with affiliate marketing.
  • So, how do you make the best of affiliate marketing in 2023? Here are a few tips:
  • Choose the right products to promote.Not all products are created equal when it comes to affiliate marketing. You want to choose products that you believe in and that you think your audience will be interested in. You also want to make sure that the products have a good affiliate program with a high commission rate.
  • Create high-quality content.Your content is what will ultimately drive traffic to your affiliate links, so it's important to create content that is informative, engaging, and well-written. You can create content in a variety of formats, such as blog posts, articles, videos, and infographics.
  • Promote your affiliate links strategically.Once you have created high-quality content, you need to promote your affiliate links strategically. You can promote your links in your content, in your email marketing campaigns, and on social media.
  • Build relationships with affiliate marketers.Building relationships with other affiliate marketers can be a great way to promote your affiliate links and learn from others who are doing well in affiliate marketing. You can connect with other affiliate marketers online, at conferences, and in affiliate marketing communities.
  • Track your results and optimize your campaigns.It's important to track your results and optimize your campaigns so that you can see what's working and what's not. You can use affiliate marketing software to track your results and optimize your campaigns.
  • Here are some additional trends to watch in affiliate marketing in 2023:
  • The rise of influencer marketing:Influencer marketing is a type of marketing where you partner with influencers to promote your products or services. This is a growing trend in affiliate marketing, as more and more people are turning to influencers for recommendations.
  • The growth of social media:Social media is a powerful tool for affiliate marketers. You can use social media to promote your affiliate links, build relationships with other affiliate marketers, and track your results.
  • The increasing use of automation:Automation is becoming increasingly important in affiliate marketing. You can use automation to track your results, promote your affiliate links, and manage your affiliate marketing campaigns.
  • If you are looking for a way to make money online in 2023, affiliate marketing is a great option. By following the tips in this article, you can increase your chances of success.

Is affiliate marketing still relevant in 2023? If yes, how to make the best of it ! (4)

Help improve contributions

Mark contributions as unhelpful if you find them irrelevant or not valuable to the article. This feedback is private to you and won’t be shared publicly.

Contribution hidden for you

This feedback is never shared publicly, we’ll use it to show better contributions to everyone.



To view or add a comment, sign in

More articles by this author

No more previous content

  • Zero Cost Digital Marketing System for Micro, Small and Medium Enterprises. May 7, 2022
  • Digital Marketing Career Program Mar 2, 2022
  • How To Market Your Business For Free Feb 23, 2022
  • Digital Marketing Cost Reduction Interventions Nov 30, 2021
  • Shifting business Online …Advance yet economical Solutions May 30, 2021
  • Zero Cost Digital Marketing Solutions Feb 4, 2021
  • Post Corona World...Hoping for the best! While acting to survive. Oct 5, 2020
  • Digital Marketing Career In 2 Days! Jul 3, 2019
  • How Zero Cost Digital Marketing can help your business? May 12, 2018

No more next content

See all

Sign in

Stay updated on your professional world

Sign in

By clicking Continue, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy.

New to LinkedIn? Join now

Insights from the community

  • Writing How can affiliate marketing increase your writing income?
  • Digital Marketing How can you personalize your affiliate marketing program for different niches?
  • E-commerce You want to improve your E-Commerce career. How can you use affiliate marketing to get ahead?
  • Client Relations How can you use affiliate marketing to drive growth with clients?
  • Digital Marketing How can you build stronger affiliate partnerships?
  • Marketing Research What are the most effective ways to improve affiliate marketing conversion rates?
  • Writing How can you increase your affiliate earnings without compromising your blog's integrity?
  • Digital Marketing How can you use feedback to adjust your affiliate marketing strategy?
  • Digital Marketing How can you become an affiliate manager for a network or merchant?
  • Digital Marketing What are the most effective affiliate marketing strategies for high-ticket items?

Others also viewed

  • 5 easy steps to becoming a successful affiliate marketer Samm Rimzz 1y
  • How to Start Affiliate Marketing For Your Business Affiliate Marketing 1y
  • How to Become An Affiliate Marketer: Step-by-Step Guide To Make Money Samsudheen business 1y
  • Affiliate Marketing to Earn Money: How to Get Started James Fairley 11mo
  • Affiliate Marketing - A Good Way To Make Sales YIFA CHUNG 3y
  • How To Get Started With Affiliate Marketing Business In 2022 ? Yehudit Mori 1y
  • Affiliate Marketing Tips: 5 Expert Tips to Generate More Sales Akelatunessa Flora 5mo
  • From Novice to Super Affiliate: Proven Steps to Achieving Affiliate Marketing Success Sujoy Mukherji 3mo
  • How To Start Affiliate Marketing As A Beginner (step by step) Raymond Kubode 1y
  • How to Make Money With Affiliate Marketing Muhammad Aalyan Khalid 1y

Explore topics

  • Sales
  • Marketing
  • Business Administration
  • HR Management
  • Content Management
  • Engineering
  • Soft Skills
  • See All
Is affiliate marketing still relevant in 2023? If yes, how to make the best of it ! (2024)


Is affiliate marketing still relevant in 2023? If yes, how to make the best of it !? ›

Affiliate marketing has been around for decades, but it is still a very relevant way to make money online in 2023. In fact, the affiliate marketing industry is expected to reach $8.2 billion in revenue by 2023.

Is affiliate marketing a good way to make money in 2023? ›

Furthermore, spending on affiliate marketing in the U.S. is predicted to grow by $14.3 Billion in 2023 globally and $15.7 Billion by 2024. These figures demonstrate the continued growth and significance of affiliate marketing, making it a highly lucrative pursuit if you're looking for another source of income.

Is affiliate marketing oversaturated 2023? ›

The short answer is no, but… Whether affiliate marketing is saturated in 2023 can vary depending on the specific niche, industry, and the approach you take. Here are some factors to consider: Niche Selection: Some niches may be more saturated than others.

Is affiliate marketing worth it in 2024? ›

Statista shows that affiliate marketing is a growing market. The industry was worth $8.2 billion in 2022, a 10% increase from the year before. It's expected to jump to $21.1 billion in 2024 and reach $15.7 billion by 2024. According to a report by Astute Analytica, it's going to reach a whopping $36.9 billion by 2030.

What is the future of affiliate marketing 2023? ›

The amount of money spent on affiliate marketing is increasing. Higher payouts and more traffic costs are something we can expect in 2023. Affiliate marketing is expected to grow in 2023, which will lead to higher budgets from advertisers and larger campaigns.

What is more profitable than affiliate marketing? ›

Business Control – Dropshipping and eCommerce offer more control over your business and earnings than affiliate marketing, as you set the profit margins for your products. Affiliate programs have fixed commissions, giving you less control and requiring you to rely on someone else's product and business.

What makes more money than affiliate marketing? ›

Dropshipping typically provides higher profit margins since you can decide your selling price. Meanwhile, most affiliate programs offer a fixed commission. Earning potential.

Why do so many people fail at affiliate marketing? ›

Not Having A Clear Niche

One of the main reasons people fail at affiliate marketing work is because they try to be everything to everyone. They don't focus on any one thing, and as a result, they don't build up the expertise or authority required to succeed.

How many people fail in affiliate marketing? ›

But truth is, more than 95% of newbies fail to do affiliate marketing with success. People start out with very high expectations and end up in giving up because the money making part of their affiliate business is just not lifting off.

How many people succeed in affiliate marketing? ›

What Percentage of Affiliate Marketers Are Successful? Affiliate marketers get a successful conversion rate of 0.5% to 1% per visitor. However, this is a rough estimate, and our data shows that conversion rate increases as affiliate marketers gain more experience.

What is the highest paying affiliate niche? ›

8 Highest Paying Affiliate Niches: Boost Your Earnings Today
  • Health and Wellness Niche. ...
  • Personal Finance Niche. ...
  • Technology Niche. ...
  • Online Learning Niche. ...
  • Beauty and Fashion Niche. ...
  • Home Improvement Niche. ...
  • Travel Niche. ...
  • Pet Care Niche.
Jan 9, 2024

What niche is best for affiliate marketing? ›

Best niches for affiliate marketing
  • Personal finance.
  • Travel.
  • Technology.
  • Pet.
  • Health and wellness.
  • Fitness.
  • Cosmetics and beauty.
  • Home décor.
Nov 23, 2023

Why is everyone pushing affiliate marketing? ›

From earning passive income to gaining valuable skills and experience, affiliate marketing allows everyone to make money while they learn. This post will discuss some of the various benefits of affiliate marketing. So keep reading to find out how affiliate marketing can be a great source of easy and permanent income.

What does Forbes say about affiliate marketing? ›

Affiliate marketing is relatively low maintenance and high reward, making it alluring to social media influencers, bloggers, and solopreneurs with active websites. More than 80% of businesses have an affiliate marketing program and want to find the right people to promote them.

What is the future of affiliate marketing in 2024? ›

In 2024, affiliates continue to earn commissions based on concrete results, usually a percentage of the sales they generate for the brand. This ensures that brands only pay for measurable outcomes, creating a win-win situation where affiliates are motivated to deliver tangible results.

How much will affiliate marketing grow in 2023? ›

By 2023, it is estimated that global spending will increase to $14.3 billion, and rise further to $15.7 billion in 2024. As Refersion observed, “Today, the affiliate marketing world has grown to include brand ambassadors, affiliate networks and publishers.

Can you make $10,000 a month with affiliate marketing? ›

As with any marketing strategy, it's essential to track your results, analyze data, and make adjustments accordingly to improve your ROI. In conclusion, affiliate marketing is a great way to make money online, and with the right strategy, you can earn $10,000 per month or more.

How to make money with affiliate marketing for beginners in 2023? ›

How to Get Started with Affiliate Marketing
  1. Step 1: Choose your niche. ...
  2. Step 2: Decide on a content platform. ...
  3. Step 3: Find affiliate programs to join. ...
  4. Step 4: Create great content. ...
  5. Step 5: Drive traffic to your affiliate site. ...
  6. Step 6: Get clicks on your affiliate links. ...
  7. Step 7: Convert clicks to sales.
Aug 15, 2023

How much will affiliate marketing spend in 2023? ›

By the end of 2023, global affiliate marketing spending is set to escalate to $14.3 billion, and this figure is anticipated to climb further to $15.7 billion by 2024.

Top Articles
Latest Posts
Article information

Author: Barbera Armstrong

Last Updated:

Views: 5647

Rating: 4.9 / 5 (79 voted)

Reviews: 86% of readers found this page helpful

Author information

Name: Barbera Armstrong

Birthday: 1992-09-12

Address: Suite 993 99852 Daugherty Causeway, Ritchiehaven, VT 49630

Phone: +5026838435397

Job: National Engineer

Hobby: Listening to music, Board games, Photography, Ice skating, LARPing, Kite flying, Rugby

Introduction: My name is Barbera Armstrong, I am a lovely, delightful, cooperative, funny, enchanting, vivacious, tender person who loves writing and wants to share my knowledge and understanding with you.