The Range Of Products And Services You Can Market As A Forex Affiliate
James Woolley
February 10, 2011
The forex niche is one that attracts a lot of eager affiliates because there are a wide variety of different products and services that you can promote. Plus because some of the products can cost several thousand dollars, you can make some huge commissions just by selling a few of these products.
It is these products and services that I want to concentrate on in this article. When you enter this niche as an affiliate marketer, you will quickly discover that there are two main types of products and services you can choose to promote.
The first of these are forex brokers. There are literally hundreds of different brokers you can promote. Some are better than others, as with everything in life. However what they all have in common is that they all pay some very healthy commissions to their affiliates. This is because each trader that opens an account can earn the broker some big profits themselves.
They usually pay on a cost per action basis, and they pay maybe a few hundred dollars for each referral that goes through the application process. However they may also offer the option to pay their affiliates a percentage of all the revenue that the customer earns them. Each has their benefits and it ultimately depends on what type of trader you are bringing in.
The second option you have as an affiliate marketer is to promote specific forex products. These will all pay on a cost per sale basis, and can be equally as profitable, if not even more so.
It all depends on what type of product you promote. If you want ongoing income streams, then you might like to promote the various signal providers, which often pay you for each month that your referral remains a subscriber.
Alternatively you could promote forex systems and trading courses. Although many of these are often quite cheap, you can still make big commissions because they tend to sell really well. Plus you always have the option to start promoting a high end forex course or two that costs several thousand dollars later on if you really want to chase the really big profits.
The point is that whatever you choose to promote in the forex niche, the potential is there to make some big money. It is fiercely competitive, but it is a large and very hungry niche, so there is plenty of room for lots of affiliates to earn themselves a share of this lucrative market.
It is these products and services that I want to concentrate on in this article. When you enter this niche as an affiliate marketer, you will quickly discover that there are two main types of products and services you can choose to promote.
The first of these are forex brokers. There are literally hundreds of different brokers you can promote. Some are better than others, as with everything in life. However what they all have in common is that they all pay some very healthy commissions to their affiliates. This is because each trader that opens an account can earn the broker some big profits themselves.
They usually pay on a cost per action basis, and they pay maybe a few hundred dollars for each referral that goes through the application process. However they may also offer the option to pay their affiliates a percentage of all the revenue that the customer earns them. Each has their benefits and it ultimately depends on what type of trader you are bringing in.
The second option you have as an affiliate marketer is to promote specific forex products. These will all pay on a cost per sale basis, and can be equally as profitable, if not even more so.
It all depends on what type of product you promote. If you want ongoing income streams, then you might like to promote the various signal providers, which often pay you for each month that your referral remains a subscriber.
Alternatively you could promote forex systems and trading courses. Although many of these are often quite cheap, you can still make big commissions because they tend to sell really well. Plus you always have the option to start promoting a high end forex course or two that costs several thousand dollars later on if you really want to chase the really big profits.
The point is that whatever you choose to promote in the forex niche, the potential is there to make some big money. It is fiercely competitive, but it is a large and very hungry niche, so there is plenty of room for lots of affiliates to earn themselves a share of this lucrative market.
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