By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

Your #1 guide to start a business and grow it the right way…

InSmartBudget

  • Home
  • Startups
  • Start A Business
    • Business Plans
    • Branding
    • Business Ideas
    • Business Models
    • Fundraising
  • Growing a Business
  • Funding
  • More
    • Tax Preparation
    • Leadership
    • Marketing
Subscribe
Aa
InSmartBudgetInSmartBudget
  • Startups
  • Start A Business
  • Growing a Business
  • Funding
  • Leadership
  • Marketing
  • Tax Preparation
Search
  • Home
  • Startups
  • Start A Business
    • Business Plans
    • Branding
    • Business Ideas
    • Business Models
    • Fundraising
  • Growing a Business
  • Funding
  • More
    • Tax Preparation
    • Leadership
    • Marketing
Made by ThemeRuby using the Foxiz theme Powered by WordPress
InSmartBudget > Marketing > The Vital Steps to Converting Referrals Into Customers

The Vital Steps to Converting Referrals Into Customers

News Room By News Room August 25, 2023 1 Min Read
Share

Often described as the most powerful form of marketing, referred customers — among their many virtues — have no less than 25% higher profit margins than non-referred ones, according to a 2011 joint study conducted by the University of Pennsylvania and Goethe University Frankfurt. So, the number you can convert into customers or clients will measure the success of your business in a very real way.

But how to do that?

Be active, not passive

Read the full article here

News Room August 25, 2023 August 25, 2023
Share This Article
Facebook Twitter Copy Link Print
Previous Article How Organizations Can Create Inclusive Cultures: Four Steps
Next Article Connected TV and social platforms remain resilient with advertisers
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Wake up with our popular morning roundup of the day's top startup and business stories

Stay Updated

Get the latest headlines, discounts for the military community, and guides to maximizing your benefits
Subscribe

Top Picks

People Who Say They’re Experiencing AI Psychosis Beg the FTC for Help
November 1, 2025
Nearly half of Netflix viewing is occurring on its ad-supported tier: Comscore
November 1, 2025
Inside the Messy, Accidental Kryptos Reveal
October 31, 2025
MLB swings at international, young baseball fans during record World Series
October 31, 2025
Extropic Aims to Disrupt the Data Center Bonanza
October 30, 2025

You Might Also Like

Nearly half of Netflix viewing is occurring on its ad-supported tier: Comscore

Marketing

MLB swings at international, young baseball fans during record World Series

Marketing

How Cadillac is riding the US F1 boom to drive fandom

Marketing

Sephora has 1,000 creator storefronts. What does that mean for affiliate marketing?

Marketing

© 2023 InSmartBudget. All Rights Reserved.

Helpful Links

  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Resources

  • Start A Business
  • Funding
  • Growing a Business
  • Leadership
  • Marketing

Popuplar

How Cadillac is riding the US F1 boom to drive fandom
Sephora has 1,000 creator storefronts. What does that mean for affiliate marketing?
Spit On, Sworn At, and Undeterred: What It’s Like to Own a Cybertruck

We provide daily business and startup news, benefits information, and how to grow your small business, follow us now to get the news that matters to you.

Welcome Back!

Sign in to your account

Lost your password?