Sure, winning an affiliate contest is fun, and it puts a lot of money and some cool prizes in your pocket. But the other thing it does is raise your standing in the niche. Next thing you know, all the vendors are beating a path to your door to beg you to promote their products. They’ll even dangle some really cool perks in front of you, such as super affiliate commissions and bonuses.
Affiliate marketing is commonly confused with referral marketing, as both forms of marketing use third parties to drive sales to the retailer. The two forms of marketing are differentiated, however, in how they drive sales, where affiliate marketing relies purely on financial motivations, while referral marketing relies more on trust and personal relationships.