What Is Referral Marketing Strategy?

What Is Referral Marketing Strategy?
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  1. Referral marketing is a marketing strategy in which businesses encourage their existing customers to promote their products in their social circle like family and friends by referring their products.
    Main aim of referral marketing is to develop a deep bond with the customers to make sure they refer your company products to their friends and family.
    It is basically creating customers who create more customers for you.
    In today’s world where word spreads like fire within seconds, referral marketing is more effective than traditional marketing to attract more customers.
    Referral marketing is good way of lead generation.
    Referral marketing is not the same as influencer marketing.
    Here is an article on referral marketing: https://www.feedough.com/referral-marketing-the-ultimate-guide/

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