3 Affiliate Marketing Industries to Focus on in 2023
Despite what some so-called experts might claim, affiliate marketing is more alive in 2023 than ever before. There are an endless number of affiliate programs available, some of which are proving to be far more lucrative than others. This Digital Biz Pros guide will highlight three of the best affiliate marketing industries to focus on in 2023.
Here, you can learn what affiliate marketing is and why it can benefit companies. You will also discover which affiliate programs have been gaining major traction this year.
What is Affiliate Marketing?
Affiliate marketing is a type of online marketing in which publishers, often in the form of a blog or newsletter, earns a commission for referring clients to another business. These referrals are made via an affiliate link that redirects users to the company’s website.
Many different types of affiliate programs exist in 2023. Some offer commissions simply for leads or website clicks. Others will only offer payments for product sales. The more difficult forms of affiliate marketing tend to be more lucrative.
There are many benefits to this business model. Companies are often willing to pay a small commission to the individuals or businesses that can earn them customers. As a result, a symbiotic relationship is made. One company is gaining new customers and the marketer receives a commission.
The entire affiliate marketing industry has changed tremendously over the years. Fortunately, many of these programs still exist and can be extremely lucrative. Learn about three of the most existing affiliate marketing industries being focused on in 2023 below.
Best Affiliate Marketing Industries in 2023
It’s easy to find affiliate programs across nearly every single industry. Oftentimes, the best programs to partner with are the ones that you are truly passionate about. This will make it far easier to gain user trust and produce consistent content for readers.
There are three industries in which affiliate marketing can be used extremely effectively in 2023. Any marketing specialist should consider launching an affiliate program within these industries this year.
Many of our services at Digital Biz Pros can be applied to companies that work in affiliate marketing. Reach out to us and ask how we can use these services to help you break into any of the following affiliate programs today.
Legal US Sports Betting Industry
The US sports betting industry truly came to life in May of 2018. It was that year that the US Supreme Court decided to strike down PASPA, a regulation that limited sports betting to Nevada. Since PASPA’s removal, 37 states have legalized sports betting and a huge number of companies are now offering sports gambling lines.
Many of these online sportsbooks have launched affiliate programs. Here, markets receive a commission for each client that signs up for this legal online sportsbook. Some of the biggest betting operators with affiliate programs can be seen below.
DraftKings Sportsbook
FanDuel Sportsbook
BetMGM Sportsbook
Some of these affiliate programs can offer huge commissions for each sign-up. With sports betting more popular than ever, this can result in a hugely lucrative affiliate program growing very quickly.
It’s important to note the distinction between “legal” and offshore, illegal online sportsbooks. Prior to 2018, a huge number of affiliate programs promoted these offshore betting sites, despite the dubious legal situation that surrounded the industry. It’s far smarter to partner with fully legal, regulated betting platforms and avoid finding yourself in trouble with the law.
Sports Tickets Industry
Yet another affiliate program within the sports industry comes next. Many are beginning to realize how profitable it can be to promote the companies offering sports tickets. Many of these companies exist and most provide a massive variety of tickets across multiple sports, meaning there are opportunities to promote something year-round.
The commission on sports ticket sales is not extraordinarily high. With that being said, many of these tickets are expensive, meaning even a 2% commission rate can result in major payouts for affiliate markets. Take into account the fact that these tickets are generally bought in bulk, and this can be one of the best and most profitable affiliate marketing programs in 2023.
Marketing specialists can partner with several of these sports ticket companies. Some of those can be seen below.
Vivid Seats
Ticketmaster
Ticket Network
Attendance to professional sporting events has continued to rise since the mass sports league shutdowns in 2020. More people around the US are interested in watching their favorite teams play live. Take advantage of that fact by joining a sports ticket affiliate program today.
SEO Software Industry
The digital marketing industry is another that continues to evolve at a rapid pace. Businesses are in need of ways to effectively grow their businesses online. Marketing specialists, like the ones at Digital Biz Pros, can make this possible via a number of effective techniques.
There are now quite a few extremely helpful SEO software programs that marketing specialists are utilizing. Many of these are all-in-one programs, offering a huge range of useful information on a website. That includes things like position tracking, keyword ranking, technical site issues, and more.
One of the hottest affiliate marketing industries to jump into in 2023 is the SEO software industry. Promoting these software companies can be extremely lucrative, with high commission rates and a growing demand online. Some of those companies with affiliate programs can be seen below.
SEMrush
Ahrefs
InLinks
There has never been a higher demand for efficient, easy-to-use SEO software programs. That is exactly what the three companies above provide.
Feel free to contact the Digital Biz Pros today and learn how our marketing experts can help you break into the affiliate marketing industry today. We’ll provide a step-by-step guide to partner with these companies and begin earning a commission.