The Power of Referral Marketing – Infographic
Business adopt many different strategies to find new clients, one that is often overlooked is the power of a referral. Referral marketing is based on word of mouth and can have a huge impact on your business. What are some of the benefits?
- Helps create a larger network
- Efficient in building loyalty with current clients, while still getting new ones
- Reduces sales costs while still promoting your business
Need a few more reasons to use it? Well referred customers are more profitable and loyal then regular customers and the cherry on top is people trust recommendations from friends 7 times more than traditional advertising. For some more info take a look …