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Buyersknow.com

Social network for promoting referrals.

About

Buyersknow.com is a social network where members refer businesses. Businesses are able to track referrals and they can reward customers who help them grow. "65% of new business comes from referrals." -New York Times. "The Lifetime Value of a referral customer is 16% higher." -Wharton School of Business. "People are 4 times more likely to buy when referred by a friend." -Nielsen. Buyersknow.com makes sharing referrals convenient and ensures they’re readily accessible when useful. Buyersknow.com allows businesses to incentivize customer referring because research confirms it’s in businesses best interests. "83% of consumers are willing to refer after a positive experience yet only 29% actually do." -Texas Tech. "Offering a reward increases referral likelihood, but the size of the reward does not matter." -American Marketing Association