the state of referral marketing - industry benchmark report
TRANSCRIPT
REFERRAL MARKETINGBENCHMARK DATA 2016
A look at how customers are using, sharing and generating business with refer-a-friend campaigns.
People love to share things they like, especially when they can get a reward.
And when it’s your brand they’re talking about, well, that’s more than
just a feather in your cap — that’s money in the bank.
of customers who visit a referral page take an action.
HUZZAH!
I LOVE my shoes. Get a deal if I
tell Sarah? I’m in!
Once Jessica discovers a great deal, she can choose how
she wants to spread the word.
78.1% 17.3% 3.9% 0.7%COPY/PASTE EMAIL FACEBOOK TWITTER
REFERRAL DEAL SHARING BY CHANNEL
COMMAND C, obviously! I’ll send this to Sarah
and Joe now!
In a fascinating twist, copy/paste is both the favorite
method of sharing a deal, and also results in the highest
conversions by far!
79.3% 18.1% 2.1% 0.5%COPY/PASTE EMAIL FACEBOOK TWITTER
REFERRAL DEAL CONVERSIONS BY CHANNEL
I’m a little bit psychic.
Jess, it’s almostlike you knew.
Jessica sends her super awesome shoe deal to a few friends.
Turns out, her recommendation carries a helluva lot of weight.
If it’s good enough for Jess, it’s good
enough for us!
Thanks to Jessica, The Golden Dolla Shoe Co. now has 3 new customers!
2.68FRIENDS
ARE REFERRED BY ENGAGED CUSTOMERS
Sharing is a natural instinct, and that’s why refer-a-friend marketing remains one of the
top-performing strategies for B2B and B2C businesses today. Turn your happy customers into even happier influencers - who drive dolla bills to your doorstep.
*Source Data: Data happily generated by Referral SaaSquatch’s Data Science team using one month’s 2016 data from a cohort of mid-size companies in B2C.