Best Referral Marketing Software Tools for your Business in 2021
Managing a referral program can be a time-consuming affair, but it is well worth the effort to attract new customers at a low cost. Research shows that referral leads convert 30% better than leads collected from other marketing channels. While this is already quite...
Understanding a Good Referral Rate – Do Referral Programs have Benchmarks?
How do you know whether your referral program is performing as expected? By benchmarking it against other programs in your niche. Many metrics can help you get a clear picture. However, referral rate is the ultimate measure of the successful performance of your...
List of Referral Program Ideas to Try for Your E-commerce Store
“If you want to attract qualified leads that convert fast, a referral program is what you need,” This is a common piece of advice e-commerce stores get from their business advisors and with good reason. The concept of ‘give and get’ is as old as commerce itself. ...
How to Improve Customer Perceptions of Your Brand
If you aim to increase customer loyalty in today’s time, you need to take the inside-out approach. After all, customers only respond to what they see, hear and feel about your product and service. This creates a distinct perception in their mind that they associate...
How to Improve Customer Lifetime Value (CLTV) Beyond the Pandemic
Any business spends a lot of time focusing on retaining the top 20% of its customers. This is because their contribution to revenue is significantly higher than the remaining 80%. The longer they stay with your brand, the more profit you can expect to make. However,...Outsource Your Customer Support To the Experts!
