Asked by Siti nur Jannah on Jul 13, 2024
Verified
Explain what is meant by "referral selling."
Referral Selling
A sales strategy where existing customers are encouraged to refer new clients or customers to a business, often incentivized with rewards.
- Understand the concepts and legal implications of referral selling.
Verified Answer
SD
Stephany DeleonJul 16, 2024
Final Answer :
This is a type of sales practice in which the purchaser supplies a seller with a list of friends or acquaintances and receives a benefit when sales are made to those people.
Learning Objectives
- Understand the concepts and legal implications of referral selling.
Related questions
In Moore's Sales Training Class, He Was Told Never to ...
Ashana Vogel, a Book Salesperson, Approaches a Prospect with the ...
An Insurance Salesperson Would Most Likely Join a Sales Lead ...
Which of the Following Is NOT an Appropriate Time to ...
Which of the Following Statements About Referrals Is True ...