Which of the following accurately represents referral programs used by online companies?
A)They are high-cost.
B)They are simple to use.
C)They cannot experiment with various compensation plans.
D)They can offer compensation to the customer who recommends,but not to the new customer.
E)They always easily target customers with price resistance.

Question

Quizplus · Accepted Answer

Referral programs are often used by online companies because of the simplicity and low cost of giving and receiving referrals over the Internet.It is also easy for a company to experiment with different levels of compensation and find the offers that work best.

Which of the Following Accurately Represents Referral Programs Used by Online