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Carregado porKirsty Sharman
Use Referrals To Grow Your EdTech Startup!
Referral marketing in edtech significantly outperforms paid marketing, with referred leads converting at a rate of 60% compared to 30% for paid leads. A well-implemented referral program can yield substantial returns, with potential new customer generation from existing users being high. Referral Factory has been recognized as a leading referral software, achieving over 100,000 referrals for customers in 2021.
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Use Referrals To Grow Your EdTech Startup!
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- 2. Referred leads are2x more likely to convert than leads acquired through paid marketing channels. Paid Marketing 10 leads generated 3 convert into paying customers Referral Marketing 10 leads generated 6 convert into paying customers
- 3. Referred customers also spend13.2% more on average.
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- 11. What ROI canyou expect from a Referral Program? 30% of your database will generate at least 2 leads per year (each) 35% conversion rate with an average of 200 000 60 000 120 000 42 000 So, if your database has 200k users or customers You can assume that 30% will refer Generating 120k new referred leads If 35% convert, you’ll get 42k new customers! www.referral-factory.com
- 12. Work With USTo Grow EdTech Through Referrals
- 13. Over 100 000referrals generated for our customers in 2021. Listed as #1 referral software to use by Influencer Marketing Hub, Growth Marketing Pro, and The Digital Agency Network. The only referral app officially certified by HubSpot. Rated 4.8 on Capterra, from customer reviews. Rated the #1 referral software on SourceForge.
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