The value of a recommendation
Recommendations and referrals from customers are the lifeblood of almost every business. If your customers will recommend you, you've got something. You can really run your business off that simple metric... the net result of everything you do comes down to making a product/service that is so good customers will actually stake their own name on recommending you. Some call it the Net Promoter Score, or the Ultimate Question.
There is also another side to the equation - what's in it for the customer in recommending your business? What do they get out of it? At Prizzm we are putting some technology behind helping your customers recommend you, but the heart of why customers recommend businesses is not about technology or rewards.
There is something very human, and satisfying in giving those you like a recommendation. Here is an email exchange with a company I liked, and didn't give much thought to saying thanks. But I made their day! And when I got the reply back, it kind of made me happy, and made my day!
Isn't that fun??
Recommended: Betty Normenday (and Ann Corkery) from Fidelity National Title: http://www.fidelitysfmarin.com/pages/meet-our-escrow-officers-347289

