Why Brands Needs to Invest in Advocacy Marketing?
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WHY BRANDS NEED TO INVEST IN ADVOCACY MARKETING?
Transcript of Why Brands Needs to Invest in Advocacy Marketing?
WHY BRANDS NEED TO INVEST IN ADVOCACY MARKETING?
Advocacy Marketing is an excellent investment if you want to increase your brand advocate base and maximise the
reach of your marketing efforts.
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KEY STATS THAT PROVE ADVOCACY IS CRUCIAL
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Just 20% of brands use advocate and
experts programs in their marketing.
(Source: Marketing Charts)
Brand advocates are 50% more
likely to influence a purchase.
(Source: MarketingCharts)
Customers referred by other customers have a
37% higher retention rate.
(Source: Deloitte)
Marketing-induced consumer-to-consumer
word of mouth generates more than 2X
the sales of paid advertising.(Source: McKinsey
Quarterly)
REASONS TO INVEST IN ADVOCACY MARKETING
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» Boost word of mouth referrals» Create ROI » Fuel your sales » Improve your products and services» You already have the potential
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SOCXO, the all in one advocacy marketing platform can transform your employees, customers and partners as
trusted brand advocates.
CONTACT US
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Reach out to SOCXO team to learn how you can achieve the real benefits of running an advocacy marketing program for your business.
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