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For example, two software companies might collaborate to host a webinar on how to optimize workflows for businesses. Combining valuable content from both companies not only helps customers better understand the product, but also creates opportunities for both businesses to expand their customer base. As marketing expert Rand Fishkin puts it, “Quality content can be a game-changer, and when brands collaborate, they not only share resources but also build trust with their customers.”
4. Customer introduction
A customer referral program is a proven marketing strategy for building loyalty and increasing sales. It works on a simple principle: a satisfied customer who recommends your product to a friend or family member not only helps your business expand its slovenia number data customer base, but also builds on existing strong customer relationships .
A great example is Dropbox’s referral program. They encourage existing users to refer their service to others by offering free storage for each friend who signs up. According to Nielsen research, “93% of consumers trust recommendations from friends and family more than traditional advertising,” showing the power of referrals.
5. Deal and coupon website
Deal and coupon websites are an effective marketing tool for attracting customers who are looking for savings opportunities. By partnering with these websites, businesses can easily reach a large number of consumers, thereby increasing revenue without having to spend too much on advertising.
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