This document discusses how companies can leverage product data and referrals to generate qualified leads. It contains the following key points:
1. Buyers trust recommendations from peers and their own experiences over other forms of marketing. Companies should invest in word-of-mouth programs to generate referrals.
2. Product data can be used to identify potential customers based on how similar users interact with a product. This can trigger outreach to convert, upsell, or cross-sell leads.
3. Generating referrals and using product data to identify potential customers provides the most qualified leads, as these individuals are already validated through social connections or product interactions. Companies should make referrals and product qualified leads a central part