Referral Marketing - PowerPoint PPT Presentation

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Referral Marketing

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The Advocator App, powered by GetTheReferral, puts serious lead generation power in the hands of your loyal customers. We amplify the referral process, making it far more proactive and delivering more qualified leads. Plus, with push notifications, direct messaging and quickly redeemable rewards built right into the app, customer engagement comes guaranteed. – PowerPoint PPT presentation

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Title: Referral Marketing


1
  • Referral Marketing
  • PUBLISHED BY
  • getthereferral

2
  • How Referral Marketing Can Help Your Team Build
    Customer Loyalty
  •  
  • Referral Marketing is essentially a word-of-
    Mouth initiative designed specifically to
    motivate an existing customer to refer their
    friends, family and associates to the business
    for services or products. As word of mouth
    continues to be one of the most effective forms
    of advertising, a business should always take
    care to cultivate a good relationship with those
    they provide service to. The best way to do this
    is to make sure that your customers feel like
    they are appreciated. One of the ways that
    businesses go about doing this is through the
    practice of Referral Marketing. As this process
    is simple to master, it can really help to grow
    your business. Do you want to learn more? Visit
    Referral Marketing.

3
  • As previously mentioned, a great part of any
    business's success is the level of trust and
    confidence that their existing clients have in
    them. A great way of ensuring that your clients
    feel like they are appreciated is by creating a
    system where they can give you referrals on an
    ongoing basis. The best approach to take when
    implementing a referral program is to offer your
    existing clients a special discounted price on
    their next order. Through this ongoing discount,
    they will continue to show you that they are
    loyal to your brand - further boosting your
    reputation and ensuring that potential new
    customers keep coming back to you.
  • The best way to identify your ideal referral
    sources is to closely observe the customers you
    deal with on a day-to-day basis. Look for common
    signs that help you decipher whether or not the
    individuals giving you their business are
    trustworthy. Some of these signs include Are
    they providing great customer service? Is the
    individual warm and friendly? Are they willing to
    listen to your customer's questions and provide
    them with detailed information? You can learn
    more at Solar Marketing.

4
  • Another important aspect of getting your
    referrals is to ensure that you reward your most
    satisfied customers. Studies have shown that the
    act of offering a customer an incentive such as a
    discount or free product after they have referred
    others is more likely to retain that customer
    than simply rewarding them with a monetary
    reward. Implementing a referral marketing
    strategy with your girlfriend collective can
    really make a difference in terms of your overall
    success.
  • Lastly, a referral marketing plan is most
    effective when it targets not only long-term
    prospects but also those who are just considering
    doing business with you. It is no secret that
    word-of-mouth advertisements work. However,
    studies have shown that those who receive free
    products or even cash discounts from those who
    have done business with them are much more likely
    to stay with a company for the long-term. This is
    due to the fact that these individuals feel that
    the company is doing everything possible to keep
    them happy.

5
  • Overall, creating great customer relations and
    customer retention is essential to a company's
    success. It is also important to use a referral
    marketing plan that focuses on not only keeping
    current customers but those potential ones as
    well. A quality referral program will work best
    when all of your team members understand what it
    means to have a loyal customer base and share
    their experiences with others. Through a
    successful referral program, your team members
    will be able to expand their customer base and
    grow their profits at a faster and higher rate.
    You may find more details about this at Roofing
    Leads.

6
  • Summary
  • The Advocator App, powered by GetTheReferral,
    puts serious lead generation power in the hands
    of your loyal customers. We amplify the referral
    process, making it far more proactive and
    delivering more qualified leads. Plus, with push
    notifications, direct messaging and quickly
    redeemable rewards built right into the app,
    customer engagement comes guaranteed.
  • Visit this site to learn more at
  • https//www.getthereferral.com/blog/referral-marke
    ting
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