The success of most companies can be found through the effectiveness of their marketing plan that often focuses on effective advertising. Although as more individuals turn towards saving money rather than spending money all the marketing and advertising in the world is making no impact in changing the minds of consumers. Unfortunately the idea of the large company has become a villain in the eyes of consumers as they are viewed as one of the major reasons for economic fluctuations, making consumers avoid spending money.
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The success or the failure of a company mainly depends on how they market their product. Nowadays it is becoming more and more difficult to market a product as there are many companies dealing with the same kind of product. And hence the referral rewards system comes into picture. The company gives some kind of reward to clients who bring in new clients to the company. It may be a discount or any other kind of offer.
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