People influence people. Nothing influences people more than a recommendation from a trusted friend. A trusted referral is the holy grail of advertising – Mark Zuckerberg
Referral marketing is known to be one of the best and most trusted marketing approaches applied by both small and large businesses globally.
This type of marketing aims at encouraging and increasing the number of new clients through word of mouth referrals. And is usually done by offering incentives, rewards and encouraging customers to recommend the business’ products and services to other people.
But we’re not talking just about referral marketing in this podcast. Today we will take a look at why having a referral program is important.
Having a program in place helps your customers recommend your products or service with ease.
Identifying ways, channels, and incentives will help you achieve the success you need.
It’s not about once you build it, they will come. It’s about having that foundation and the tools to help bridge gaps.