Advocacy Marketing is an excellent investment if you want to increase your brand advocate base and maximise the reach of your marketing efforts.
Key Stats that Prove Advocacy is Crucial
- Just 20% of brands use advocate and experts programs in their marketing.
- Brand advocates are 50% more likely to influence a purchase.
- Customers referred by other customers have a 37% higher retention rate.
- Marketing-induced consumer-to-consumer word of mouth generates more than 2X the sales of paid advertising.
Reasons to Invest in Advocacy Marketing
- Boost word of mouth referrals
- Create ROI
- Fuel your sales
- Improve your products and services
- You already have the potential
Socxo, the all in one advocacy marketing platform can transform your employees, customers and partners into trusted brand advocates.
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