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Referral networks operate by connecting individuals or businesses to potential clients through recommendations or introductions. Members of the network leverage their existing relationships to refer clients to one another, enhancing trust and credibility. This system often relies on mutual benefits, where referrals can lead to commissions or reciprocal referrals, creating a collaborative environment that fosters growth. Ultimately, referral networks aim to expand reach and generate new business opportunities through personal connections.

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2w ago

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