5 Tips for Running a Successful Referral Program

According to the NY Times, 65% of new business comes from referrals.

Know What You’re Aiming For
Before beginning know what your target is. This way you can track your progress.
Timing is Everything
Develop the relationship first and the rest will fall into place.
Make it Worth Their While
Provide a proper incentive.
Arm Yourself for Success
Be sure to have all your tracking programs in place.
The Power of ‘Thank You’
Always say 'thank you' to your ambassadors after each referral.

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