8. Set up a referral program - Deepstash

The idea is part of this collection:

Onboarding Matters

Learn more about marketingandsales with this collection

How to create a successful onboarding process

Why onboarding is crucial for customer retention

How to measure the success of onboarding

8. Set up a referral program

According to Nielsen, 92% of people trust recommendations from friends and family over any other type of advertising. This makes leads generated from word-of-mouth one of the highest quality leads you can get. 

A referral program “nudges” these satisfied customers by providing them with incentives. It assumes that incentives are a good enough reason for them to tell their friends. And these incentives are offered to both the referrer and the referee. 

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phaedrus

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