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The most lucrative sectors for online affiliate marketing

by on September 23, 2018 in Digital Marketing, Ecommerce, Latest News, Lead Article, Mobile/Tablet, News you can use, Nuggets

The most lucrative sectors for online affiliate marketing

The online world has led to different, innovative business models, to help bloggers and other website owners transform their online traffic to a sustainable income.

One of the most popular business models is affiliate marketing, where the affiliate company rewards a publisher of a blog, a website or another online endeavor for each visitor or customer that they send them. The publisher is rewarded for promoting the products or services of the affiliate company.

It can be a veritable goldmine for those who do it right. To succeed in affiliate marketing you need to effectively generate enough traffic and of course choose a lucrative, profitable business sector.

Here are the five most lucrative business sectors, to look at to when starting your own affiliate marketing business:

 

1. Gambling

This was one of the first industries to adopt affiliate marketing and is by far one of the most lucrative sectors for it. To learn more about the gambling niche, we talked to Ben Coleman, owner of roulettepractice.com and a veteran affiliate marketer.

“In the online gambling industry” Ben Coleman explains, “affiliates get rewarded for new players they refer to online casinos, poker rooms or sports betting operators.

Gambling affiliation works in two different models:

CPA (cost per acquisition) – where the affiliate earns a fixed amount that varies from $20-$30 to as high as $400-$500 per new player.

Revenue share – where the affiliate received a share of the gambling operator’s income from the player they refer, usually between 20%-40%.

This business can be very profitable and some affiliates earn 6 and even 7 figures income. But it’s also a very competitive and highly regulated niche, so you have to be very smart to succeed in it.”

2. Travel

Travel is another highly lucrative niche. According to a report by statista.com, in 2016 the global online travel sales reached $564.87 billion. This figure is projected to grow to $755.94 billion dollars in 2019.

Travel is a great niche for affiliate marketing. People love reading travel blogs and need a lot of information before traveling. As the publisher of a travel blog, you can earn up to 25% commission for every referral to websites like Booking.com and TripAdvisor. So, if you’re an avid traveler and have a good sense for writing, writing a travel blog might be a good idea.

But know that writing good content is not enough. To succeed in this highly competitive niche you have to know how to market your blog and content.

3. Finance

Running a finance website is another great way to earn an income from affiliate marketing. Finance is a very varied industry. Readers can be targeted with offers of loans, banking services, financial management, trading services and more.

Finance is also a high regulated industry. Affiliate websites must comply with regulations and make sure that they only refer their readers to services that are authorized to provide financial services in their region.

4. Beauty

Beauty is a niche best fitted for influencers. If you have a successful Instagram page where you feature beauty related images or a beauty related youtube channel with a big following then you can earn good money by joining beauty affiliate programs.

Just make sure you recommend high quality products and brands so you don’t harm your credibility.

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