When is the last time someone asked you how you make money online?
If it was some random person who isn’t familiar with online marketing, then you probably had a hard time actually explaining what you do.
If you said “affiliate marketing“, they probably had no idea what you were talking about.
Even in the world of internet marketing, the differences between “affiliate” and “referral” marketing can be quite confusing. After all, they sound quite similar, don’t they?
In the infographic below from Ambassador, we put the comparisons between the two head to head… here’s what we found out!
The Common Ground: Both affiliate and referral programs drive new customer to your business, can significantly increase revenue and provide a remarkable ROI on your internet marketing investment.
Tips for Succeeding in both Affiliate and Referral Marketing: Knowing your audience, being trustworthy and staying relevant.
Fortunately it doesn’t matter if you are currently focusing your efforts on affiliate or referral marketing, there is plenty of money to be made in both industries!
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