5 steps on how to increase your referral marketing effectively on social media

Elton Kuah, marketing director for Enrich Social Media, shares key steps on how to make referral marketing effective on social media. Referral marketing is a systematic way to maximize word of mouth recommendations through customers and fans. Companies usually reward customers and contacts – what we call word of mouth marketing – to spread the word about the benefits of their products and/or services as much as possible. WIN-WIN for ALL This word of mouth marketing strategy is indeed a WIN-WIN situation for ALL, the companies, the marketers and the customers: Companies and businesses will get more customers which they will not be able to get on their own Word of mouth marketers get rewarded with a percentage of the sale as a thank you or referral fee Customers get to use a good product or service which they may not even know about on their own Wikipedia.org provides a clas...

Full article: http://sg.news.yahoo.com/5-steps-increase-referral-market...

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5 steps on how to increase your referral marketing effectively on social media [link]
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5 steps on how to increase your referral marketing effectively on social media [link]