Affiliate marketing is one of the most dynamic and ever-changing industries out there. As technology advances and consumer behavior shifts, affiliate marketing must also adapt in order to stay relevant. In this blog post, we will discuss the top 5 affiliate marketing trends that we believe will dominate in 2022, and that affiliate marketers should implement into their strategy.
Let’s take a look at the five biggest affiliate marketing trends of 2022:
1. Increased Use of AI and Machine Learning
Affiliate marketing is a data-driven industry, and as such, artificial intelligence (AI) and machine learning will become increasingly important in helping marketers make sense of all the data. AI can be used to analyze customer behavior and identify trends, while machine learning can be used to predict which affiliate offers are most likely to convert. This will allow affiliate marketers to focus their efforts on the most profitable campaigns, resulting in increased ROI.
In addition, AI can also be used to create targeted affiliate marketing campaigns. For example, if you know that a customer is interested in a particular product, you can use AI to serve them an affiliate offer for that product as soon as they visit your website. This will help increase conversion rates and boost sales.
Overall, we expect to see increased use of AI and machine learning in the affiliate marketing space in 2022. These technologies are changing the way businesses operate, and affiliate marketers must embrace them if they want to stay competitive.
Elizabeth Sramek from Scaleo
Most customers nowadays like to interact with representatives of various brands in some capacity in order to find solutions to their problems. They might also do it to seek answers to their questions. Since the arrival of AI, the approach to client engagement has made a complete 180-degree turn.
Chatbots now handle the majority of interactions.
2. More Focus on Influencer Marketing
Influencer marketing has been on the rise in recent years, and we expect this trend to continue in 2022. Influencers have a large following of engaged fans, and they can be very effective in promoting affiliate offers.
Affiliate marketers will need to focus on finding influencers who are relevant to their target audience and who have a genuine interest in the products or services that they are promoting. In addition, affiliate marketers must also create compelling offers that will appeal to influencers and their followers.
If done correctly, influencer marketing can be a great way to reach new customers and boost sales. We expect to see more affiliate marketers using influencers as a marketing tool in 2022.
- Influencer Marketing Industry to Reach $16.4B in 2022
Source: Influencer Marketing Hub
3. Continued Growth of Programmatic Advertising
Programmatic advertising is the use of computer algorithms to purchase digital advertising. Programmatic advertising allows marketers to buy ad space in real-time, which helps them to target their audience more effectively. It also helps to reduce the amount of wastage associated with traditional advertising methods.
In addition, programmatic advertising allows affiliate marketers to track the performance of their campaigns more accurately. This helps them to make better decisions about which campaigns are worth investing in, and which ones should be discontinued.
We expect to see continued growth of programmatic advertising in 2022. It is becoming an increasingly important tool for both affiliate and mainstream marketers alike.
With programmatic advertising, affiliate marketers can target specific customers based on their interests and behaviour. This allows affiliate marketers to reach the right people with their offers, resulting in increased conversions and sales.
Programmatic advertising is also very cost-effective. Affiliate marketers can get more bang for their buck by targeting high-value customers through programmatic advertising. We believe that affiliate marketers who don’t use programmatic advertising are missing out on a lot of potential revenue.
Overall, we expect to see continued growth of programmatic advertising in the affiliate marketing space in 2022. If you want to stay competitive, you need to be using this technology.
Programmatic advertising refers to the automated buying and selling of digital ad space. In contrast to manual advertising, which relies on human interaction and negotiation between publishers and marketers, programmatic ad buying harnesses technology to purchase digital display space. This use of software and algorithms helps streamline ad buying processes, which is why programmatic has become one of the most indispensable digital marketing tools worldwide.
4. Emergence of Voice Search and Chatbots
Voice search and chatbots are two of the latest trends in digital marketing. Both technologies are growing at a rapid pace, and they are likely to play a big role in affiliate marketing in 2022.
Chatbots allow businesses to communicate with their customers through instant messaging channels such as Facebook Messenger and WhatsApp. They can be used to answer customer queries, provide product information, and promote affiliate offers.
Voice search is also becoming increasingly popular. It allows customers to search for products and services by speaking into their device, rather than typing it in. This makes it easier for customers to find what they’re looking for, and it can be especially useful when searching for local businesses or products.
We expect to see more affiliate marketers using chatbots and voice search in 2022. These technologies provide a great way to connect with customers and promote affiliate offers.
According to Emarketer, one-third of the United States population is using voice to conduct searches. This shows us that an increasing number of people in the United States use voice to conduct searches. Reports estimate there are 111.8 million people in the US using voice search features today. All signs point to it growing in popularity with an expected 9.7 percent increase over the year.
5. Greater Emphasis on Data-Driven Decision Making
Data-driven decision making is the process of using data to make decisions about your affiliate marketing strategy. This includes things like analyzing customer behaviour, tracking conversions, and A/B testing different offers.
Data-driven decision making helps affiliate marketers to optimize their campaigns and get better results. It also helps to reduce wastage and ensure that you are only investing in campaigns that are likely to be successful.
In 2022, we expect to see more affiliate marketers using data-driven decision making. With the right data, you can make informed decisions about where to allocate your resources for the best results.
If you want to stay ahead of the curve in affiliate marketing, you need to start using data to drive your decisions. Those who don’t will be at a disadvantage and will likely miss out on potential revenue.
Highly data-driven organizations are 3X more likely to report significant improvement in decision-making.
Source: Think with google
To summarize, incorporating the use of AI, influencer marketing, programmatic advertising, voice search and chatbots, and data-driven decision making is crucial to be successful in the affiliate marketing space this year.
These are just a few of the affiliate marketing trends that we expect to see in 2022. If you want to stay ahead of the competition, you need to be aware of these trends and how they can impact your business. Keep an eye out for these trends and make sure you are prepared for them.
Online businesses are the way to get ahead. They are one of the best ways to make money in Canada, can be started with little investment, and offer the opportunity to work on a flexible schedule. But one of the most beneficial aspects about running your own online business is that you don’t have to rely on it as your sole source of income, but rather work on it as a part-time online side hustle.