Marketing Idea #18: Start an Affiliate Program

Create a referral or affiliate program. Otherwise known as making it worth other people’s time to help you reach new clients. The goal of a referral program is to create revenue or to provide some other incentive for those who help you reach more people.

Example: Dreamscape Multimedia offers a referral program with our web hosting service and makes it free to sign up using a simple one-page form. We call it our Prosperity program, as it pays a hefty 50 percent monthly commission* on web hosting accounts you refer to us.

*Giving back 50 percent of a revenue stream may not be possible for your company. Determine what a responsible return might look like, and proceed conservatively at first.