Sunday 27 November 2011

Referral marketing is one of the most powerful ways


The concept of direct marketing is quite old. One of the fields in this walk of marketing is the direct mail. There are many businesses that are in habit of sending direct mails to their potential customers. The response of direct mail is not much entertaining for some businesses especially in this era. On the other hand it is an expensive process and it takes time.
For many businesses one of the best ways is referrals. Marketing through referrals is a great way and it generates good results for many. The benefit of marketing through referrals for many businesses is that they don’t have to go behind the customers for getting them. The customers approach them and they earn from them good profit margins at the end of day.
One of the benefits of referrals is that people trust them a lot. They feel comfortable transacting that way and most of the businesses get clientage that way. For many businesses clientage ratio from other sources is way less in comparison from what they get through referrals. One of the world’s leading trainers of sales Tom Hopkins also prefers referrals over the other sources.
Things work beautifully when a business gets customers through referrals. The only hardship is in the start because businesses have to struggle for contacting various people out. Once they start getting customers then they keep multiplying them and things become really easy. One client bring the second, second brings third, fourth and fifth and it keeps growing that way.
One of the beauties of marketing through referrals is that the businesses keep meeting great customers from time to time. Once they have a good customer at hand then his/her friends are also good and productive for such business. There is no benefit of going for direct mail once things work that way for businesses.
You never know when you start getting the flow of customers from a single referral source. Some people are very useful having great public relations. Even a single customer like that can refer you hundreds of customers and you can get plenty of income from them. Some of the customers which businesses get from referrals directly tell that they hire services only because their friend referred. That clearly shows how strong that kind of marketing is.
One of the great businesses that are offering referral services in USA is named as Referrals USA. The owner of that business is Michael Cappello. The business has a website that can be visited at http://www.referralsusa.com. The members of that website can share referrals with the people they know. Similarly many businesses can get good referrals from that website and it is best to know more about that website by visiting it.

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