Referral-Based Marketing Statistics
-
Upload
sharyn-sheldon -
Category
Business
-
view
800 -
download
0
description
Transcript of Referral-Based Marketing Statistics
![Page 1: Referral-Based Marketing Statistics](https://reader035.fdocuments.us/reader035/viewer/2022070302/547265ebb4af9fb40a8b4ff6/html5/thumbnails/1.jpg)
Referral-Based Marketing
Statistics You
Need to Know
![Page 2: Referral-Based Marketing Statistics](https://reader035.fdocuments.us/reader035/viewer/2022070302/547265ebb4af9fb40a8b4ff6/html5/thumbnails/2.jpg)
65% of New Business Comes From Referrals
Referrals
Other
- Source: The New York Times
![Page 3: Referral-Based Marketing Statistics](https://reader035.fdocuments.us/reader035/viewer/2022070302/547265ebb4af9fb40a8b4ff6/html5/thumbnails/3.jpg)
People Are 4x More Likely to Buy When Recommended By a Friend
- Source: Nielsen
![Page 4: Referral-Based Marketing Statistics](https://reader035.fdocuments.us/reader035/viewer/2022070302/547265ebb4af9fb40a8b4ff6/html5/thumbnails/4.jpg)
49% of U.S. consumers say friends and family are their top sources of brand awareness
Friends and Family
Other
- Source: Jack Morton
![Page 5: Referral-Based Marketing Statistics](https://reader035.fdocuments.us/reader035/viewer/2022070302/547265ebb4af9fb40a8b4ff6/html5/thumbnails/5.jpg)
Offering a reward increases referral likelihood, but the size of the reward does not matter
- Source: American Marketing Association
![Page 6: Referral-Based Marketing Statistics](https://reader035.fdocuments.us/reader035/viewer/2022070302/547265ebb4af9fb40a8b4ff6/html5/thumbnails/6.jpg)
85% of fans of brands on Facebook recommend brands to others.
- Source: Syncapse
![Page 7: Referral-Based Marketing Statistics](https://reader035.fdocuments.us/reader035/viewer/2022070302/547265ebb4af9fb40a8b4ff6/html5/thumbnails/7.jpg)
83% of consumers are willing to refer after a positive experience…
…yet only 29% actually do- Source: Texas Tech
![Page 8: Referral-Based Marketing Statistics](https://reader035.fdocuments.us/reader035/viewer/2022070302/547265ebb4af9fb40a8b4ff6/html5/thumbnails/8.jpg)
Learn More About the Power of Referrals with…
www.BusinessContentPLR.com/Referrals