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Referral marketingvsMarketing budget platform

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Referral marketing leverages customer recommendations to drive sales, which can be strategically managed and optimized through a marketing budget platform that allocates funds for maximizing these influential referrals.

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Referral marketing

nounrɪˈfɜːrəl ˈmɑːrkɪtɪŋ

Referral marketing is a strategic approach that encourages existing customers to refer new clients to a business, often incentivized through rewards or discounts.

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