RETAIL SOLUTIONS UK NEWS
Acquire (and retain) 30% more customers in 2020
14 January, 2020 | by Patrick Overall
Consumers trust their friends’ recommendations more than any other source – including their partner, parents or influencers – yet many brands are missing out on these valuable opportunities.
If only there were a way to track, measure and incentivise these conversations, right? Enter Mention Me’s market-leading technology platform.
Executed well, referral marketing is seriously powerful. But don’t just take their word for it.
Here are some statistics on what could soon be your new marketing channel. Referral programmes can:
- Drive up to 30% increase in new customer acquisition
- Double customers’ lifetime value
- Increase first order value by 10-25%
Read on to discover the essential elements to getting started – get the guide here.
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