A customer acquisition platform benefits greatly from the use of referrals, as they serve as a potent tool for generating top-notch leads, establishing trust and credibility, all while incurring minimal to no cost. When an individual receives a recommendation from a trusted source, they are inclined to take action due to the existing rapport with the referrer, leading to heightened confidence in following their advice. Moreover, referrals have the potential to attract high-quality leads, as those who are referred to a product or service are more likely to possess genuine interest, resulting in a heightened conversion rate.
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