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Old 02-06-2012, 12:08 AM   #1
jamesranatte
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Question Referral Marketing?

Hello optimizers I need to know that Is Referral marketing is beneficial for business growth?
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Old 02-18-2012, 11:06 AM   #2
crisdev
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Referral marketing is like fishing with a net. You think about how to cast the net to optimize your chances of catching fish. You choose a likely spot, throw your net and when you pull it in, you find a number of fish.
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Old 02-25-2012, 04:28 AM   #3
swatihotels
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Referral-generated customers are the least expensive, most profitable, and loyal source of new business.

Referral-generated customers also tend to buy quicker, negotiate less, buy larger quantities, and refer more business to you.
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Old 02-27-2012, 02:12 AM   #4
funguy
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Quote:
Originally Posted by crisdev View Post
Referral marketing is like fishing with a net. You think about how to cast the net to optimize your chances of catching fish. You choose a likely spot, throw your net and when you pull it in, you find a number of fish.
This is the best answer. ..
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Old 02-27-2012, 02:36 AM   #5
KalvinMartin
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Red face

A good referral marketing strategy is absolutely essential for the business process and some of them are:
• People feel more comfortable when a product or service is recommended by someone they know and trust.
• Referred customers are typically less price sensitive.
• A good referral marketing system can quickly multiply, giving you plenty of interested prospects.
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Old 03-02-2012, 10:48 PM   #6
jeny
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Referral marketing offers small business marketing benefits gained via your networking contacts, existing customers and clients .Referral marketing offers you many advantages over your competitors if you use this marketing strategy in your marketing mix.
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Old 03-23-2012, 07:48 AM   #7
jbard
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Referral marketing is a structured and systematic process to maximize word of mouth potential. Referral marketing does this by encouraging, informing, promoting and rewarding customers and contacts to think and talk as much as possible about their supplier, their company, product and service and the value and benefit the supplier brings to them and people they know.
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Old 03-24-2015, 07:14 AM   #8
pdcom
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Referral marketing is a structured and systematic process to maximize word of mouth potential. Referral marketing does
Referral marketing is a structured and systematic process to maximize word of mouth potential. Referral marketing does thank you for your advice

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