Performance Marketing vs Affiliate Marketing

A hot topic right now is performance marketing. It’s somewhat similar to affiliate marketing but has a lower risk involved and encompasses a wider umbrella that includes affiliate marketing as its sub category. It’s not something that is new but is now rising to the top as a new way to market. Let’s define each for some more clarity. Affiliate marketing is where a relationship is set up between a brand and an individual or organization where partners will receive a percentage commission of the sales they help create. Performance marketing where brands only pay when a certain objective has been met, such as clicks, leads or a sale. Here, advertisers connect with agencies, publishers or influencers to design and place ads on their company channels.