Service providers that offer discounts to current customers who refer new customers are using existing customers as part of their service promotion strategies.

Question

Quizplus · Accepted Answer

This statement is true. Companies often use current customers as a way to spread the word about their services and incentivize them to refer new customers by offering discounts or other perks. This is a common marketing strategy known as referral marketing.

Service Providers That Offer Discounts to Current Customers Who Refer