Referral vs Affiliate Marketing: What’s the difference? How affiliate referral we tell the difference between Referral and Affiliate Marketing?
Last week, we talked about what referral marketing is and why it is awesome. Like referral marketing, affiliate marketing drives new customers to your business through individuals who don’t work for you directly. In practice, they can actually be rather different ways of acquiring new customers. Here’s an infographic that we’ve put together to illustrate their similarities and differences.
He also practises parkour with MOVE Academy Singapore in his free time. Let’s Get Technical: What is Referral Marketing? Does Referral Candy work with WP Easycart? I might have some work for them? Co is an Australian company that specializes in soft, comforter-style sleeping dolls for babies and toddlers.
Their vision is to provide better sleep to babies, and as importantly their parents all around the world. Here are some from the fashion industry. Traversing the landscape of marketing programs can be tricky business, especially when industry terms overlap. Take affiliate marketing and referral marketing, for example. Both drive new customer growth for your business, both use indirect advocates to make sales, and both provide a remarkable ROI on your marketing investment — so what exactly is the difference? In affiliate marketing, the advocate does not know their referred customer personally, and the primary reason for referring your brand is financial motivation. In contrast, a referral marketing advocate recommends your brand to a colleague, friend or family member.