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[Sources]What is referral Marketing and Why it works, Infographic
Purpose
We are trying to create an essential post for a referral marketing software company showing and proving why referral marketing works.
This is not a supposed to rank by itself but rather to act as a supporting piece for our Pillar
A copetitor has already done it (
https://referralrock.com/blog/referral-quotes-and-statistics/
)
but it is outdated and lacks visuals.
Sources
Under the Influence: Consumer Trust In Advertising
Excerpt
www.nielsen.com
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New Study Shows What Influences B2B Tech Purchase Decisions
A new survey released by Blanc & Otus, a technology communications agency, and G2 Crowd, a business software review platform, reveals the increasi
www.businesswire.com
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2016 Edelman TRUST BAROMETER
Our 2016 Edelman TRUST BAROMETER revealed trust in all four institutions has reached its highest level since the Great Recession.
www.edelman.com
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Earned Brand 2017
The 2017 Edelman Earned Brand study explores the rise of belief-driven buyers, who will buy a brand based on a brand’s stance on a controversial issue.
www.edelman.com
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http://think.storage.googleapis.com/docs/the-path-to-purpose_articles.pdf
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Global Trust in Advertising – 2015
Three factors form the foundation of a successful ad campaign: Reach, resonance and reaction. Reach the right audience, and ensure your advertising resonates positively so you can generate the desired reaction. Simple–right? Wrong.
www.nielsen.com
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Referrals Drive Success—and Revenues—for Small Businesses - eMarketer
Finding new business is a top challenge for small businesses. Friend referrals may help, as small-business owners say they are the best marketing tactic—and a key revenue driver.
www.emarketer.com
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https://momcentral.typepad.com/files/intrepid-millennial-explorers---changing-the-face-of-modern-consumerism-2014.pdf
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https://www.spiceworks.com/marketing/resources/reports/how-to-win-friends/
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https://www.slideshare.net/brandonmurphy/brand-advocacy-and-social-media-2009-gma-conference
Rewards
New Survey Reveals Consumer Conflict between Privacy and Personalization
www.globenewswire.com
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'Turning Social Capital into Economic Capital': Straight Talk about Word-of-mouth Marketing - Knowledge@Wharton
If your hair stylist gave you $10 every time you sent one of your friends her way, you might be more tempted to tell everyone what a fabulous stylist she was -- or you might even try to make new friends to refer. This clever method of customer acquisition is a form of word-of-mouth marketing known as a referral program, and it is becoming increasingly popular in a wide range of industries, from financial services and automobiles to newspapers and hotels. Indeed, according to a new study co-authored by Wharton marketing professor Christophe Van den Bulte, referral programs are a financially attractive way for firms to acquire new customers.
knowledge.wharton.upenn.edu
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Purpose
Sources
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