There are numerous industries an entrepreneur can dive into in an attempt to make a mark. Of course, you have to be careful about the industry you choose; some are growing, but others have been stagnant for years – and still more are clearly on their last legs.
I’m often asked for my opinion about the future of the affiliate marketing industry. People want to be sure that if they choose this field, it will continue to be sustainable and profitable. I believe the affiliate marketing industry is on an upward path and will continue to grow. Here are just a few justifications for that position:
In the field of affiliate marketing, the sky’s the limit. The amount of time and effort you put in determines what you get out of it. Anyone who is willing to work hard and make use of the tools available – such as those provided by Empower Network – has the potential to succeed.
According to a recent study, more and more affluent consumers are purchasing online,and luxury brands are taking notice. This may mean more opportunities for affiliate marketers to work with these high-end brands.
As more companies recognize the need for engaging content to attract their target audiences, they may come to increasingly rely on affiliate marketers to provide this added value. This opens the door for a variety of industries to join affiliate marketing networks.
Overseas markets continue to expand at an astronomical rate. As e-commerce grows, so does the need for affiliate marketers to provide their expertise and support. Affiliate marketing offers the best kind of business model to those looking to take advantage of these international opportunities.
With the rise of global markets, local and regional businesses are also fighting to compete, and affiliate marketing offers a way to do this on a wider scale. In addition to international markets, there are also plenty of opportunities to achieve affiliate marketing success in your own community.
Social networking is like the gift that keeps on giving for affiliate marketing. Social network platforms generate traffic and encourage word-of-mouth reviews, which are also goals for affiliate marketing. When you put the two together the right way, you get results. Taking advantage of this relationship will help to further the growth of the affiliate marketing field.
Each year, more brands recognize the power of affiliate marketing and what it can do for them. Experts predict that the affiliate marketing field will grow to approximately five billion dollars by 2016, which represents a 17-percent growth.
The development of mobile devices could also be a big gain for the affiliate marketing field. In fact, experts estimate that more than 170 billion dollars in sales will be completed through mobile devices in coming years. More people spending more time online – and who are more likely to make purchases – provide almost endless opportunities to connect with and engage consumers and prospects for your brands. Affiliate marketing entrepreneurs are in the best position to take advantage of this trend.
With all these opportunities for success, affiliate marketing is an industry on the move, and Empower Network is primed to help its members with the best tools and insights for maximum growth for their businesses.
Do you know of other trends that will benefit the growth of the affiliate marketing industry? I’d love to hear about your reasons for joining this exciting field.
Jonathan Cronstedt is the CEO of Empower Network, LLC. Empower Network is a leading affiliate marketing and direct sales company that’s helping tens of thousands enjoy the “Empowered Lifestyle.” Jonathan enjoys travel, spending time with his wife and red wine.