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In this video tutorial, the presenter introduces the concept of referral income, where individuals earn commissions by selling others' products or services. They highlight that Signaturely offers a free template to help viewers generate more referral business for their agency. The tutorial will explain how to use this template effectively. The video is sponsored by Signaturely, encouraging viewers to sign up using a provided link for free access to three signatures. The presenter underscores the importance of subscribing and liking the video for more similar content. They also define referral marketing as a joint venture, where sellers compensate third parties for sales made through them.