Put Your Customers to Work for You Client referral incentives can be a valuable and inexpensive way to build a business.
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Every small-business owner knows that one way to inexpensively build a client base is to get referrals from satisfied clients. But how do you induce existing clients to refer new ones to you?
|19%- Percentage of small businesses that expect to make capital outlays in the next three to six month|
You should just ask. Business and marketing consultant Pinny Cohen in Fairlawn, N.J., points out that the people his clients refer tend to "match that client in outlook and perspective, so when a good client refers people, they are usually good clients. Make sure the person you're asking a referral from is your all-star client."