When it comes to formulating a plan for your organization's program, outlining the referral marketing incentives portion can be tricky. How much to reward? When to reward? How many activities to reward? We receive all of these questions (and more!) from a number of incredible B2B brands when we build out their referral programs.

After being in this industry for almost a decade now, one of the most common questions we get is, "what is referral marketing?" While most people inherently understand the concept, the strategy goes by many different aliases and it can get confusing.

Most of us - as marketers and consumers ourselves - inherently understand the value of referrals. As professionals, we've read the referral marketing statistics and have seen it work for companies large and small. In our personal lives, when we make a big purchase, we seek out reviews or ping our networks for recommendations.

Launching a successful referral marketing campaign or scaling your program with referral software isn’t just about using your existing customers to gain new leads. With 74% of consumers identifying word-of-mouth as a key influencer in purchasing decisions and 92% of people ages 18 to 34 saying that they seek recommendations from friends and family before making a purchase, referral marketing is an integral component of today’s marketplace - and one that can yield impressive results if the right ...

While B2B referral marketing and consumer refer-a-friend campaigns often have different objectives when trying to reach their target audience, the objective is still the same.

Are you trying to get a referral marketing campaign off the ground? Or perhaps your brand is already running a referral program, but it's getting tough to manage the process with spreadsheets and post-it notes. With word-of-mouth marketing driving billions of dollars in spend annually, it's no shock that more and more marketers are looking to put a referral marketing program in place.