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Where do you go to find a new place for brunch, a new Netflix show to watch all at once, or the best pair of jeans? Before you start looking on your own, youll probably ask your friends and family for advice, and youll probably follow those suggestions. Because of this, customer referral plans work well. If someone you know tells you to try something, youre likely to at least give it a shot. Word-of-mouth marketing works, so companies ask their best customers to act as brand ambassadors and refer people in exchange for rewards (like a discount or gift). When a new client makes a purchase, both the business and the advocate benefit. The business makes a sale, and the advocate gets a reward. Customer referral programs can help you get more customers and make money for your business over and over again. So, if you want to be successful, you should study the basics before you start building. What does a referral program do? A referral program is a form of
