Affiliate Marketing Projection for 2023 (2024)

Hello,

Dear Pushground friends.

Many of us have had a hard time in the last few years. The future of affiliate marketing is bright despite the global Covid-19 pandemic, the war in Ukraine, and the inflation and gas crisis in Europe in the past year. It appears that living in a war and post-pandemic time brings new difficulties to how we live and work, which has led more people to work in the affiliate marketing industry.

The affiliate marketing trends are changing, so you need to keep up with them, or you might be left behind.

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. The US affiliate marketing industry will be worth around $8.2 billion by the end of 2022, an increase of more than 10% compared to 2021, according to some information. If the trend continues, we can expect $9.0 billion spent on affiliate marketing only in the United States in 2023. Almost 80% of businesses in the US use affiliate marketing in some way.

In Pushground, we have observed that the average spend per top-up and the CPC prices are increasing compared to the last few years. It looks like media buying and affiliate budgets are growing.

Pro-tip: In 2023 you can test higher CPC prices on your campaigns, 10%-15% higher. Especially for the Tier 1 & Tier 2 Geo. The higher CPC will be compensated by higher payouts and future rate bumps.

What are the repercussions for media buyers from larger budget allocations?

Bigger budgets mean more opportunities. This means more media buyers and publishers, more revenue, more competitive offers, and more affiliate marketing agencies.

Most probably in 2023, you will pay more for traffic. Nothing to worry about. Pushground has a feature that helps affiliate marketers avoid the risk of spending their whole budget within minutes, ensuring that their campaigns continue to run smoothly.

How this feature helps your paid push ads campaigns? It prevents your campaigns from getting too many visitors at once and from spending too much money too quickly. You can leave your campaigns to run without anxiety because you are covered.

Media buying and affiliate marketing will be changed by automation and artificial intelligence

Artificial intelligence and automation have helped businesses make big leaps forward in innovation. It saves media buyers and publishers hours of sorting through data. The list of affiliate marketing trends in the year 2023, includes automation as a useful addition for many businesses.

Pushground offers rule-based optimization for media buying campaigns, which you can use to make your campaigns profitable faster.

You will be able to take control of your campaigns once you set up a few rules.

You can stop your campaigns from burning your budget and still make money while you sleep. Pushground can help you scale your affiliate marketing business in many ways and automation is just one of them:

In the screenshot above you can see different rules examples – change them according to your needs, budget, and offers POs, or add your rules that are appropriate for the given campaign.

Automatic rules can help a lot, but they can also hurt your campaigns if they are not set up properly. If this is your first time setting up auto-rules, we recommend starting with a duplicate test campaign. This will ensure that you don't accidentally pause all your feeds.

What are the best practices for using auto-rules and auto-optimization?

  1. It is easy to cut off too much traffic when testing a new rule, so we recommend you check to see how much traffic has been cut off.
  2. Use conversions, ROI, and spending to stop poor-performing offers automatically.
  3. Poor-performing supplies, user age groups, and offers can be blacklisted using spent, conversions, and ROI.
  4. You could increase your bid for high-performing supplies using win rate combined with spent or ROI.

More examples of winning automatic rules can be found here

What are the places where you can learn and expand your skills in affiliate marketing and media buying?

A business conference, friends, affiliate websites, and even those loud guys on YouTube bragging about how much they made this month, are just some of the places we've heard about affiliate marketing.

There are many places to get information about the topic of affiliate marketing, even if you first learn about it:

1 Our blog is the best place you can start and receive free lessons and useful tips and tricks.

2 AffiliateFix forum is a great place where you will learn the basics for free

3 You can learn a lot from your own past campaigns' mistakes.

Which tools will media buyers and affiliates need by 2023?

“Which tools do you need to be successful?” is a question we are often asked by our publishers. The answer is simple: you only require a few tools to keep the profits coming in.

Without an affiliate ad tracker, you are unable to track why your campaigns are losing money or where you are making money. We recommend to any media buyer use a tracker. An article about why using an ad tracker is mandatory for our business was written by our partners from Keitaro tracker.

If you learn what works well for your vertical or niches, you can use it to create winning formulas, or even automate to bring you more successful campaigns. However, without access to an affiliate ad tracker like RedTrack or Keitaro, you would be unable to understand why your affiliate marketing campaigns are performing well.

In addition to the tracker, you should research whether you would benefit from using a landing page builder, a spy tool to take a peek at your competitors, and possibly some creative tools for improving ad copy and creatives.

You will need to decide for yourself what is best for your affiliate business after your first campaigns.

Affiliate marketing will continue to grow in importance in the coming years, and here are the verticals you should keep an eye on.

One of the most sought-after answers in the affiliate marketing industry is “what's working?”

Thus, we made a list of niches that are working for Pushground publishers in 2022, and we think they will continue working in 2023:

1 Antivirus vertical – it’s always popular among our publishers. Read more if you want to try it.

2 Gambling (including Casino and Sports Betting) – maybe one of the best verticals to make money with. It is the perfect time to start with sports betting because of the FIFA World Cup 2022. Read here how to craft your winning campaign.

3 Dating (Mainstream and Adult) – for sure, the dating vertical is evergreen. Plenty of media buyers bank hard with it. Have a look at the best Geos for starting dating campaigns.

4 Sweepstakes – one of the best verticals for new media buyers. If you don't know how to promote them, learn some tips and tricks from this material

Of course, these are general niches and a micro niche could be found for many of them. These are the best niches for a new media buyer to use, and they are the fastest way to be profitable with paid push ads.

By looking at what has worked in the past, we can predict some aspects of the future of affiliate marketing. Some trends of the media buying business will fade, but we are sure traditional ad formats such as push continue to make profits for affiliate marketers.

Affiliate Marketing Projection for 2023 (2024)

FAQs

What is the projection for affiliate marketing 2023? ›

U.S. Affiliate Marketing Spending Expected to Reach $8.95B in 2023. Statista collected affiliate marketing spending in the United States from 2010 to 2017 and continued with predictions through to 2022.

Should I do affiliate marketing in 2023? ›

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 oversaturated 2023? ›

A quick overview. No suspense here: NO! Affiliate marketing is not saturated!

How much is affiliate marketing worth in 2023? ›

Affiliate marketing has become a successful business worth more than $17 billion (as of 2023). This is a big increase from $13 billion in 2016. The future also looks bright for affiliate marketing. Experts predict that by 2030, the value of the affiliate marketing industry could reach $40 billion.

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.

What is the forecast for affiliate marketing in 2024? ›

Growing Market

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.

Is there a future for affiliate marketing? ›

Affiliate marketing's future is changing as the online world evolves. It's a powerful way for businesses to reach more customers and make money. With more people shopping online and using the internet, affiliate marketing is becoming even more important.

Is affiliate marketing profitable 2024? ›

Affiliate marketing can still be extremely profitable. On average, publishers make around $52,000 annually from affiliate marketing, but many make a lot more than this.

What is the projection for affiliate marketing? ›

The growth rate of affiliate marketing is approximately 10% year-over-year. This trend is expected to continue with a forecasted market size of $27.78 billion by 2027 – a 63% increase over the current size of $17 billion.

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 long does it take to succeed in affiliate marketing? ›

How long does it take to make money as an affiliate marketer? Based on my experience and speaking with many affiliate marketers, on average, it takes around six to 12 months to start earning money as an affiliate marketer and around two years to earn enough money to quit your day job.

How many people succeed in affiliate marketing? ›

31. Affiliate marketing efforts have a conversion rate of around 1% One case study depicted affiliate marketing conversion rates are between 0.5% and 1%.

Is it hard to do affiliate marketing? ›

Being an affiliate marketer requires skill, experience, and work. It is not a quick or easy road to success, but when done properly, it can generate impressive income. Here are some of the qualities you will need to be a successful affiliate marketer: An interest or expertise in a certain niche.

What is the future of affiliate marketing in 2025? ›

By 2025, over 30% of affiliate marketers will shift to less saturated niches outside health, wealth, and relationships. Affiliate partnerships with micro-influencers are predicted to grow by 25% annually through 2026.

What is the expected growth of affiliate marketing? ›

What Is the Growth Rate of Affiliate Marketing? The growth rate of affiliate marketing is approximately 10% year-over-year. This trend is expected to continue with a forecasted market size of $27.78 billion by 2027 – a 63% increase over the current size of $17 billion.

What is the future scope of affiliate marketing? ›

As per statistics, the affiliate marketing industry is projected to reach $36.9 billion by 2030, with a compound annual growth rate of 7.7% from 2023 to 2030. The spending on affiliate marketing in 2023 is anticipated to reach around $13 billion, reflecting its increasing significance in the digital marketing realm.

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