Question
What is a good customer referral rate?
Answer
What counts as a good referral rate depends on your industry, but there are useful benchmarks to aim for and levers to raise it.
- Typical programs: Most successful ones see 2 to 5% of customers actively referring others.
- Professional services: Accounting and consulting can reach 50% or higher.
- The lever: Make referring easy and rewarding, with a simple ask and a clear incentive.
If you are below the range, the usual fix is reducing friction and giving customers a tangible prompt to share.
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