In your exerience - what's good $$/referral?

B

brulok

Registered Member

Jun 11, 2010

60

16

• Jun 14, 2012

• #1

Disclaimer: Total newb question.

The company I work for offers $50 credit per referral. Since I work there, this is just given as cash. Leads don't have to pay anything if they sign contract.

Wondering how big (or small) of a referral value this is? I don't have the experience to say "wow omg that's huge" or "too low... not worth my time."

 

codo3500

Regular Member

Dec 19, 2010

347

174

• Jun 14, 2012

• #2

I was a salesman on 25% at a company. I often paid people 10% for a referral that closed - leaving me with 15% that I never would've had otherwise.

I now commonly pay 15% for a referral. I ensure the margin is there to justify it, and get a llot of business from it.

 

B

brulok

Registered Member

Jun 11, 2010

60

16

• Jun 14, 2012

• #3

i'd be getting leads for an isp that targets low competition (rural) areas. in your guys' experience is that a decent referral amount?

 

H

Hugall19

Newbie

Jun 17, 2012

15

1

• Jun 17, 2012

• #4

I would say 50 is good. I mean it is the same concept as CPA and the avg there is like $5

 

B

brulok

Registered Member

Jun 11, 2010

60

16

• Jun 18, 2012

• #5

Thnx for the reply Hugall. My main motivator is that this isp's target market is virtually uncontested and substantial in size.