In life and in business, the best and most meaningful relationships begin because of a referral from someone you know. For a business especially, the best source of new customers is a referral from a satisfied customer. If you don’t have a referral program in place right now, you are losing out on potential business, guaranteed.
Companies with referral programs report 71% higher conversion rates than those without a referral program in place. Of those same companies with programs in place, 69% of them report faster times to close new business.
