Do Referral Programs Work?
As a business manager, we are always seeking ways to bring new business to us. What programs can we put in place that could essentially bring business to our door? Do referral programs work?
Referrals programs are great since the business owner can determine the standards and rules for the referral program. There is nothing better than when a satisfied customer talks with a business associate about your company. A direct referral from a happy customer is the best kind of referral to get.
Referral programs are different since they do not cost upfront money to businesses but only after a new customer is established.
What kind of referral programs can you offer?
• Gift cards
• Percentage off of next product or service
• Movie tickets
• T-shirts
• Free –eBooks or marketing help-depending on the business you are in.
Building long term business relationships are the anchors for every business. Seeking new avenues to retain business customers is always a challenge but well worth the effort.
We provide a wide range of B2B marketing services including Market research, lead generation, cold calling and warm calling. Our programs are available to most industries however we specialize in the Industrial arena.
Check us out: www.richworldwide.com or Online Calendar – Schedule time to talk
