by Donovan Dillon Contributor
Posted on December 11, 2012 20:52 PM
As the increasing popularity of social media continues to skyrocket, referral marketing emerges as an excellent tool for converting all those Twitter followers and Facebook likes into customers. To facilitate this, MODSocket and Refurit have partnered to provide a powerful new resource for building your customer base using the power of social media.
Benefits of Social Referral Marketing
Social referral marketing enables your Twitter followers and Facebook fans to share your company’s promotional offers with their friends, family and coworkers. The fact is, more than two-thirds of consumer related economic activity is driven by personal recommendations, and 90 percent of customers believe that word-of-mouth is the most reliable and trustworthy way to learn about new products, businesses or services. With over 955 million Facebook users and 340 million tweets on Twitter each day, one of the best ways to reach potential customers is through referral marketing.
Refurit is an easy way to create a social referral program in minutes and allows users to schedule when posts or tweets appear on their social media pages. Over 83 million people used social media coupons in 2011, and with the growth in 2012 of websites such as Groupon and LivingSocial, consumers have come to expect deals. Unfortunately, the downside for the advertiser is, those types of sites can cost up to 50 percent of your revenue. But here's the good news: Refurit costs significantly less. And it allows you retain complete control of your referral program.
Less Time Consuming
One of the reasons MODSocket has teamed with Refurit is that it offers a simple way to start a social referral program for any business, enabling users to create a program in minutes, not hours. In addition, Refurit offers real-time analytics so that you can see results in days (not months) to determine any areas that need adjustment to further maximize your social referral program.
MODSocket is pleased to announce their partnership with Refurit in their continuing effort to provide social referral marketing to small business owners. Sign up for our free 30-day trial today at www.modsocket.com.