Doesn’t it sound better to retain existing customers rather than focusing to acquire new ones? Well, the latest referral marketing methods have been prioritized to categorize elements of customers who are bringing business to the company. 

The earlier theories of focusing only on acquisition have remained old because nowadays, customer retention is more vital than acquisition. Seeing the outgrowing competition in the market who are selling similar products/ services, marketers and business owners need to retain customers and give them lucrative rewards to bring new customers. 

Acquisition and retention are the two top-most focused areas that always grab a business owner’s attention. Especially, when it comes to customer retention, a referral program is one of the attainable strategies to let business owners and entrepreneurs efficiently grow their sales.

To boost referral sales, NextBee has originally developed a marvelous referral software solution for brands whose clear objective is to acquire new buyers without making hefty investments.

The platform has uniquely impressive features that could encourage existing loyal customers to recommend the brand to others and get a reward for bringing every new referral (new customer). The platform can also be integrated with Netsuite rewards due to its flexible methodology.

In today’s growing environment, the utmost preference of organizations is to retain their loyal customers with different reward ideas because once they happen to make it, the sales growth will naturally grow.

Traditional methods of retention do not involve customer’s engagement, but nowadays, for building relationships with buyers, giving them something substantial to stay is equally important for any organizational growth.

To know more in detail about the NextBee’s referral software solution and integration methodology with Netsuite referral solution, discuss your requirements with our marketing experts.

Feel free to discuss with us anytime and get the best solution for your business.