How S.P.E.E.D. Drives Viral Growth in Referral Marketing
Posted by Diana Faye Cichon / September 13, 2024
Referral marketing has been a key driver of growth for businesses around the world, but scaling efficiently requires more than just a good product and a strong network. Back in the early stages of NaXum, the team coined the term S.P.E.E.D., an acronym representing the five core functions that determine how quickly a referral marketing company […]
Compensation Trends in Referral Marketing: Fair Rewards for Real Work
Posted by Diana Faye Cichon / September 6, 2024
In the past, referral marketing have faced criticism due to compensation models that favored those at the top, often leaving the people who actually made the sales with a smaller cut. This has contributed to the negative perception of the industry, particularly with narratives about “pyramid” schemes. Fortunately, today’s compensation trends are moving in a […]
Thriving in Canada: Insights for Direct Selling Success
Posted by Diana Faye Cichon / August 30, 2024
As the business world grows ever more interconnected, expanding into new markets like Canada offers both exciting opportunities and unique challenges. For direct selling companies, understanding the Canadian market’s distinct characteristics and requirements is key to achieving success.Canada, with its diverse and multicultural landscape, presents a wealth of potential for businesses willing to adapt and […]
Unifying Multi-Channel Referral Marketing: A Smarter Way to Grow Your Brand
Posted by Diana Faye Cichon / August 22, 2024
When it comes to expanding referral marketing channels, many brands face the challenge of deciding where to invest. Should they focus on a customer rewards program for retail customers to refer others? Perhaps an affiliate program to attract influencers? Or maybe a certified reseller program where independent contractors are trained to sell to other businesses? […]
Increasing Industry Impact in 2024: Leadership Insights for Direct Selling
Posted by Diana Faye Cichon / August 15, 2024
The direct selling industry faces both challenges and opportunities. Leaders must focus on increasing their impact and influence. It requires setting clear goals, maintaining a focused vision, and understanding potential obstacles. Why Focus Matters Having a clear and narrow focus is more important than ever. Leaders must focus on their primary goals, such as growing […]