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Market analysis on referral programs for businesses

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Reference no: EM132553642

Market Analysis on Referral programs for businesses.

1. Understanding current marketing practices (word of mouth) like examples and research on other referral programs used by other companies. How where they successful, why are they important and how to implement it.

2. Provide statistics and successes of other companies implementing a referral program into their marketing.

Why companies do a referral program

What notable companies uses a referral program

Any studies, stats, data on how companies who implemented a referral program has helped increase their overall profits, engagement, customer gain, customer appreciation, etc.

Customer satisfaction, review, appreciation, retention rates after implementing a referral program.

Reference no: EM132553642

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