23 Employee Referral Facts You Can't Afford to Ignore!

23 Employee Referral Facts You Can't Afford to Ignore!

Employee referrals programs are important for many reasons.

These programs give your employees a strong sense of community, inclusion, and they let your staff know their opinion is valued. Finding quality talent quickly and efficiently is top of mind in most, if not all organizations. Referrals can be the driving force behind new, more qualified employee acquisitions.

But, do you really know how valuable employee referrals are to your company? Below are 23 statistics about employee referrals that you can’t afford to ignore!

Sharing the Referral Benefits - Why a Double-Sided Incentive Program is a Win (Win)

Sharing the Referral Benefits - Why a Double-Sided Incentive Program is a Win (Win)

Referral programs are one of the most effective and commonly talked about ways to generate more business. In a standard referral program, the type that have been around for countless, you reward someone for sending a potential customer your way. However, thanks to the new wave of social sharing and digital tracking, referral programs have evolved and yours should too.

Transforming Workplace Culture - 5 Effective Methods for Managers

Transforming Workplace Culture - 5 Effective Methods for Managers

Picture it – It’s Monday morning.  Employees are trickling into the office one-by-one.  Most look as if they fell out of bed and threw on the first thing they found on the floor.  Occasionally, you find that well-dressed, excited and bright-eyed employee who is ready to take on the week.  What if you could make carbon copies of this individual?  Would you?  What if you could mimic that same positive attitude and infect others with this behavior that seems so hard to come by?

Stop Avoiding Referrals - 5 Painless Ways to Increase Your Referrals Today - Salesperson

Stop Avoiding Referrals - 5 Painless Ways to Increase Your Referrals Today - Salesperson

Asking for referrals can be awkward. Even if you have an awesome product and amazing customer service; there’s always the fear that you can come off desperate, aggressive or even annoying to a customer.

The good news? Your customers actually want to give you referrals. According to an Advisor Impact study, 83% of satisfied customers say they would be more than willing to refer you and your company to their friends, colleagues and industry peers.

When and Where Should You be Asking For Referrals? Here are your top 7 Locations

When and Where Should You be Asking For Referrals? Here are your top 7 Locations

The most common and effective touch point is immediately after purchase, but as we all know, our salespeople are usually a little too stoked about closing the deal to handle this.. so here are some other just as effective and awesome places to ask for a referral or promote your referral program...

The #1 Mistake Your Dealership is Making Right Now

The #1 Mistake Your Dealership is Making Right Now

You’ve got good inventory, a solid sales plan, a good team, and great customer service but you’re still not increasing sales like you want to or need to.  What gives and what else can you do besides pump even more money into your current extremely saturated marketing channels? Refocus on Referrals. Why? Because statistically, you are NOT optimizing on your referral business like you should be and your salespeople are not asking, meaning you're missing out on some of your most profitable customers.

Bettenhausen Automotive Referral Program Case Study

Bettenhausen Automotive Referral Program Case Study

A referral program needs 3 specific ingredients for success at any dealership; a great product, impeccable customer service, and a platform that makes the referral process incredibly simple for dealership and customer alike.  Discover how we helped Bettenhausen combine all three for a seamless and engaging referral program that drives more than 50 vehicle sales every month.