It’s massively important to show your colleagues and fellow entrepreneurs that you appreciate their support of your business. There wouldn’t be a billion-dollar greeting card industry if we didn’t, right? So, what does that have to do with you and your ITEX business? A lot!
ITEX largely works on warm-referrals from either customers or other business members. And honestly, that is not any different than what you do on a day-to-day basis – you depend on referrals as well to help your business grow. For the ITEX model, it’s imperative that there is a good referral network because it helps the network grow but it also helps spread and share the ITEX concept in a positive light.
What does a referral look like? Well, and ITEX company referral may be people or other companies that you have done business with. It could be a company in your same networking group, just down the street from you, or in your business neighborhood. A referral doesn’t have to be someone that you know on a personal basis, but someone that you think might be a good fit for the network. If you believe that a business will benefit another member, then it’s always a great idea to introduce them to ITEX.
Referral Program: It’s a 3 for 1
ITEX doesn’t just want to have you refer people or businesses without getting something in return. We want to reward you! For each referral that you give that opens an ITEX account, your association fees are waived for 3 cycles. This means you won’t be out of pocket $60.00 in those association fees. If you give two referrals then it’s waived for 6 cycles, meaning you save $120.00 dollars and it goes on and on.
Your referrals are so important to the healthy growth and management of the ITEX network. By your warm referral, you’re giving the entire network the opportunity to grow in their business transactions. Not only that, but you save money on your own association fees and those new members have the same opportunity you do by starting their own referral network. It all just works together because you’re creating the opportunity for new buyers and sellers to work together, creating new sources of income for the network, and building amazing relationships along the way. It’s a win-win-win for all involved.
This is how it’s supposed to be: helping those around us to create better business.