Whats the difference between an Affiliate and Sponsor?
It’s simple! An affiliate uses the “MindFreedom” name, and is similar to a chapter. An affiliate is based on local geography. For instance, there is a MindFreedom Ireland. A MindFreedom Ghana. Since you are using the MindFreedom name, you enter into a written agreement with the MFI board. This “Frequently Asked Questions” will help you do this. A sponsor is an already-existing group that agrees to support MFI goals, and does not have the “MindFreedom” name in it. For a PDF downloadable form to register for your group to register as a Sponsor Group, click here. If you can’t download, send a self-addressed stamped envelope to the office with a request to join as a Sponsor.
Affiliate programs like Smartlinks help people increase their income from both sides, and they promote products or services to the individuals that are most likely to find them useful. While sponsors usually just provide financial support to your business, so you could come up with a better marketing strategy or something like that.
Sponsorship is a company or an individual that gives you money to ‘sponsor’ your business, for example. Affiliate, on the other hand, is something that works by paying a commission for referring customers to someone else’s product. You can find some profitable affiliate programs on https://benguonline.com/high-paying-affiliate-programs if you’re interested in this area. To be honest, I didn’t know that affiliate programs allow you to get up to $8K per sale, and this seems like a great opportunity for me.
I would only add that sponsorship usually implies financial support (or perhaps guarantee of support if needed, in the case of immigration). Endorsement may or may not include a financial transaction. I might endorse a candidate for office, an applicant for a job, or even a brand (particularly a non-profit) without receiving any money in return.
