Is Referral Marketing the most important tool in your ecommerce toolbox? | Public Relations & Social Marketing Insight | Scoop.it

The funny thing about referrals is that because it’s such a no brainer, a lot of businesses don’t have a formal program setup to ensure e that they’re maximizing this channel, by automatically or programmatically asking all their customers. That’s both a shame and an opportunity lost, because for every one customer who may be naturally inclined to refer or recommend a businesses to their friends“without” being asked, there are almost certainly a number that will be too busy, or not inclined to refer anything without being asked to do so.


That’s reflected in the research as well. Some research done by Texas Tech showed that while 83% of consumers indicate they’d be willing to refer a business they frequent, only 29% actually do. That’s because surprisingly most businesses simply don’t ask.A quick and easy  customer referral program is not only a great marketing strategy on it’s own, because of that gap in consumer willingness and businesses asking, there is also a really good chance that setting up a customer referral program is great low hanging marketing fruit you can take advantage of....