Before starting affiliate marketing, everyone asks is affiliate marketing safe? Affiliate Marketing is a business model becoming a trend for passive income for all participants, including affiliates, suppliers, and buyers, but is affiliate marketing safe?
At MakeMoneyTactic website, we used to have introductory articles about Affiliate Marketing, share ways to make money online with affiliate marketing quickly and effectively, and receive enthusiastic support from our readers. However, we will know the answer of Is Affiliate Marketing Safe and learn some important information about Affiliate marketing to guarantee its safety.
Continuing with the topic of Affiliate Marketing, in this article, Makemoneytactic will provide you with numbers from the general statistics of the operation and development of the Affiliate Marketing model and program in the world. Believe that these numbers are provided with extremely interesting information that worth your attention and study as a marketer wanna monetize his traffic with legal, trusted and reliable networks without risks.
What is affiliate marketing?
Affiliate marketing is the process of selling something not yours and get commissions per sales or converions. Actually, affiliate marketing is a safe way to make money by promoting affiliate marketing programs that share products and services and make money per conversion. To save your affiliate earnings, you should join safe affiliate programs.
Is Affiliate Marketing Safe?
There are a lot of myths that affiliate marketing is a scam and fraud, while others say that affiliate marketing sales are false. It is just a method to manipulate the reputation of such services and partners.
✅See also: Affiliate Marketing Guide: How to Get Sales in Affiliate Marketing?
8 Information about affiliate marketing to know is affiliate marketing safe or not:
Here are the 8 true information about affiliate marketing. Most of these information are taken from Statista:
1- $5.3 billion spent on affiliate marketing in the US by 2022
A study by Forrester Consulting looked at US affiliate marketing business spending and predicts that total affiliate marketing spending in the country will grow 10.1% annually through 2022. Total spending on Affiliate marketing activities in the US in 2022 is reported to be $5.3 billion. By 2022, this level of spending could grow to $6.8 billion. It can be seen how the Affiliate Marketing market in the US is “hot” and is a lucrative bait for the subjects. Thus, nothing is called affiliate marketing fraud.
2- 81% of Brands Use Affiliate Programs
In the past, advertising agencies and intermediaries mainly used affiliate marketing programs to sell effectively and have a lot of income. But now, here, this is to generate revenue for themselves. As of 2016, 81% of major brands and 84% of suppliers have implemented and joined the affiliate marketing model for additional source of income. Are you still wondering is affiliate marketing safe while all others are doing it?
3- People’s Search Interests Increase by 30% For Keyword “Affiliate Marketing.”
According to statistical reports from Google Trends, from September 2016 to September 2022, users’ search interest in the term “affiliate marketing” increased by 30%, indicating that more and more users were interested in this marketing model or wanted to learn how to get involved.
4- 20% of Vendor Annual Revenue Generated Through Affiliate Marketing
Many vendors today have adapted their online business strategy to generate potential revenue through social media, such as Snapchat Discover, to compensate for lost revenue chunks. Affiliate marketing in the form of advertising and product reviews create 20% of annual revenue for suppliers in many fields.
5- 16% of Online Orders Generated Through Affiliate Marketing
Affiliate marketing has contributed to boosting the number of online orders similar to other forms of Online Marketing, such as email marketing, promotions, and special sales events. Similarly, paid searches drive 20% of online orders, and organic search accounts drive 21% of online orders. You can’t still wonder is affiliate marketing safe with this number of orders.
6- One Influencer Can Bring $7 Million in Affiliate Revenue in One Year.
Jason Stone, known on Instagram as Millionaire Mentor generated $7 million in retail sales from June 2016 to June 2022 through affiliate marketing programs. The curator has clarified that he only participates in affiliate marketing campaigns that match the audience’s interests.
It can be said that affiliate marketing is considered successful when you use influencers to help promote products to the right customer group.
✅See also: How to Promote Affiliate Offers: 20 Ways to make money with Affiliate Offers
7- Fashion Is The Most Popular Affiliate Marketing Category, Then Sports And Health
According to an analytical study of 550 affiliate programs, 18.7% of affiliate campaigns promote fashion-related products. Affiliate marketing for sports and outdoor products accounted for 14.6%, and health/wellness and beauty accounted for 11.1%. These may be the 3 most popular affiliate marketing categories today due to their quick profitability and huge user attraction.
8- Is Affiliate Marketing Safe: Influencers Get 1-10% Commissions For Affiliate Marketing With Amazon.
In March 2022, Amazon changed the commission rate for its affiliate marketing activities. Previously, affiliate marketing model participants could earn between 4-8.5% of product sales. Now, if you join Amazon affiliate marketing, you can earn up to 10% commission for promoting luxury items and as low as 1% commission for selling video games.
✅See also: How to make money online from affiliate Marketing as a Beginner
FAQ to learn Is Affiliate Marketing Safe?
Is there any risk in affiliate marketing?
As said above, affiliate marketing is safe and there are no risk in affiliate marketing when you choose to work with reliable affiliate network to earn an income.
What are the disadvantages of affiliate marketing?
The disadvantages of affiliate marketing are :
- No control over the affiliate program.
- No control over competition.
- Revenue is not guaranteed.
- Hijacking your affiliate links is possible.
However, these disadvantages can be avoided with the good affiliate network, and you can generate an easy passive income and grow a business/brand.
Is affiliate marketing credible?
Promoting legal, useful and safe affiliate marketing programs using decent promotional methods makes affiliate marketing credible to make money safe, online.
However, scamming people to participate in unethical programs works against affiliate marketing reputation.
Can you really make money as an affiliate marketer?
Sure, you can make a big income as an affiliate marketer in 3 steps only:
Join the right, safe affiliate networks, get affiliate links and promote them consistently.
Actually, affiliate marketing is a perfectly way to make money without risks.
Is affiliate marketing effective for gaining new audiences?
Yes, affiliate marketing is effective for gaining new audiences as it markets products on different social platforms and channels which guarantee to reach more audience. New relationships with customers and visitors are built with every new promoting channel.
Is affiliate marketing cost efficient?
Yes, you can start affiliate marketing without any investment. Just join an affiliate network, get affiliate links, publish your content with your affiliate link on a platform like Medium, share your Medium’s links on social media, get conversions and earn money. Easy, isn’t it?
Why do businesses start affiliate programs?
Many businesses decide to start affiliate marketing because affiliate programs offer some amazing benefits to the merchant like:
- Affiliate marketing increases sales and revenue.
- It also reduces the costs of customer acquisition.
- It helps businesses generate qualified leads.
- They boost their brand fast and expand their audience or reach a new audience without efforts.
- It promotes their products and increases growth.
- It sends global, targeted traffic to sites from multiple channels.
Why do some businesses stay away from affiliate programs?
Some businesses prefer to stay away from affiliate programs because:
- They think affiliate marketing is not suitable for their businesses.
- They were involved in a program and faced fraudsters.
- Businesses need to give a clear disclaimer and guarantees to the affiliates to prove their honesty and remove concerns.
✅See also: How to Promote Affiliate Offers: 20 Ways to make money with Affiliate Offers
Conclusion about Is Affiliate Marketing Safe?
Don’t thinks a lot about this. Affiliate marketing is safe and legit. Start now and Stay safe!