Puzzle Piece #2
The maturity of the affiliate marketing industry
The next important piece of our story is that the affiliate marketing industry has been around for a long time and it is now highly developed.
Affiliate Marketing dates back to 1989 when William J. Tobin successfully patented the idea for his company PC Flowers & Gifts. What follows is a long detailed history you can read here, but over the next few years, the idea was developed into something much bigger.
Then in July 1996, Amazon launched its Associates program. At the time, Amazon Associates could place banner or text links on their site for individual books, or link directly to the Amazon home page. That was about it for Amazon affiliate marketing.
Fast forward now to 2021 and the affiliate marketing industry has grown into a fully-featured and complex multi-billion dollar industry, limited only by technological advances and our imaginations.
According to the website Statista, spending in the U.S. alone on affiliate marketing is expected to reach $8.2 billion by 2022.
Fortunes have been made from affiliate marketing. Average people have been able to quit the 9-to-5 grind. Bloggers from all spectrums (like moms, travelers, foodies, personal financiers, and many others) were able to leverage affiliate marketing to improve their lives, take care of their families, or just worry about money a little bit less.
The industry is rich with knowledge, experience, mentors, tools, techniques, software, tactics, and everything else you need to take advantage of these unprecedented times.
Aside from all of that, the monetary barriers to entry for affiliate marketing are extremely low. You can get started with a cheap computer, an internet connection, an inexpensive website, and some hard (but smart) work. Start generating some income and then reinvest and grow from there. It’s very easy to do at your own pace and in your spare time.
What a great hobby! Anybody can learn how to make money online through affiliate marketing. It’s fun, current, exciting, rewarding, and can open a lot of doors.
How many industries can you get started in with as little as a free hosted website or social media profile, an internet connection, and some smart (but hard) work that is focused on the right things? Of course, your results will vary based on what you know and how much time and/or money you are able to invest. The point is – there truly is unlimited income potential with affiliate marketing.
Conquering a gold rush requires knowledge and the use of proper tools
For those who have the knowledge and experience right now – the tools are there for you to take advantage today. There is top-level training, software, proven techniques, and almost endless resources at your fingertips.
Improve your knowledge and skills, test new campaigns, cut your underperforming assets and invest in your high-performing ones.
Near the bottom of this page – you’ll find an Affiliate Marketing Resources section. We want to provide you with a multitude of tools to help you with your affiliate marketing journey. Have some fun and discover something new!