Vanity award

A vanity award is an award in which the recipient purchases the award and/or marketing services to give the false appearance of a legitimate honor. Pitches for "Who's Who"-type publications (see vanity press), biographies or nominations for awards or special memberships can have a catch to them in which the honoree is required to pay for recognition. 
Vanity book awards.
The vanity award phenomenon among book awards was noted in a "Salon" article by Laura Miller in 2009. Vanity book awards are characterized by dozens or hundreds of categories to ensure every applicant is a winner or finalist; high entry fees with additional fees for each specific category or other premium service such as trophies or prominent display on the award website; and promises of marketing. Self-published authors seeking promotion and recognition are commonly customers of vanity award services.
List of vanity book awards.
The following have been called vanity awards.
Other awards targeting self-published authors with high entry fees, with for-profit business models and numerous categories and promises of marketing include the Readers Favorite Awards, IndieReader Discovery Awards, and the Foreword INDIES.
Anthology schemes.
The anthology scheme is when a writing contest is announced with the winners to be published in an anthology and a cash prize is awarded. There is usually no entry fee but in fact there is little selectivity and every entry is declared a finalist and offered publication, with a request for money. Furthermore, the anthology is often not sold to the public but only in limited runs to the contributors themselves. The International Library of Poetry known online as Poetry.com, was the main perpetrator of this scheme in the US poetry scene. Another version of the scheme is called "pay to play" in which the writer must pay to be included in the anthology.
Vanity business awards.
The number of vanity awards for businesses is considerable, since 2008 the Better Business Bureau has been issuing warnings about schemes found across the United States and Canada. "Phony vanity awards prey on small businesses who are trying to make their companies stand out in their industry."
For instance, The Best of Business Award by the Small Business Commerce Association is available for $57 to $157 depending if the applicant would like a plaque or a trophy. The Better Business Bureau reports the same scheme under multiple variants of a common name in multiple cities, targeting businesses in hundreds of categories, so "Peoria Award Program", "Memphis Award Program", and "Lafayette Awards Program" are the same operation. The solicitation, which claims to be an award from "Kelly McCartney, 
Award Committee", is a message in which only the year, town and line of business change:
The telephone number is linked to multiple consumer complaints about undesired solicitations; the associated website (which offers the mark an opportunity to purchase a plaque, a crystal award or both at a cost ranging from $80 to $200) is alleged to contain malware.
Nonetheless, businesses continue to issue press releases boasting of having received these awards despite their questionable provenance and meaninglessly broad selection of large numbers of cities and categories.
List of vanity business awards.
There are studies on vanity business awards showing that a significant wealth has been acquired by the companies organizing lucrative ceremonies and giving out well-decorated trophies not based on merit, but rather to whoever pays the cost. The Organized Crime and Corruption Reporting Project (OCCRP) and other news organizations have reported the following as trophy-for-sale organizations:
List of other dubious pay-for-play award scams (last check, originated from India)
Other awarding schemes, as reported by various businesses on the internet:
Fee for review.
A "fee for review" is when money, merchandise or a service is exchanged in return for a review. Since an exchange is involved, the neutrality and accuracy of the review could be in question. Reviews could be written by marketers/retailers about their own work, by customers with some incentive such as a friend or family or receiving free merchandise or money, or the reviewer was simply hired as a third-party service specializing in providing reviews for a fee. An example of a hired service is Foreword Reviews' Clarion Reviews, which was launched in 2001 and claims to be "the industry's first and most trusted fee-for-review service for indie and self-publishers." Other fee-for review programs include "Kirkus Reviews" Indie Review program and "City Book Review", publisher of the "San Francisco Book Review", "Manhattan Book Review", "Seattle Book Review" and "Kids' BookBuzz". 