21 Sep TEC Affiliate Program
Are you aware of Trade Exchange Canada’s cash incentive referral program?
When it comes to sales, there is simply no substitute for trust. Businesses spend big money on
cultivating a reputable brand for a reason: consumer confidence goes hand in hand with sales.
No amount of savvy marketing can replace a recommendation from a friend. According to the
Huffington Post, companies see between 50-80% close rates when the sales call comes from
solid customer referrals. In contrast, when a client calls without a referral, businesses can
expect a 15-30% close rate, and only 1% of cold calls end up with a sale. In addition, when
someone buys goods or services from a company based on a referral, they’re considerably
more likely to tell others if they had a positive experience. Each person doing this turns into an
unofficial salesperson. And the best part? Referrals cost nothing. As a matter of fact, in this
case, they put some extra cash in your pocket!
What do we mean by that?
TEC thrives on referrals from our members, and we want to make it worth your while.
Our cash incentive program works as follows:
● You explain how the exchange works to an associate you think would be a good fit, or
with whom you would like to trade.
● Make sure we know it was you who referred them.
● They become a member of the exchange.
● They generate cash fees.
● We calculate 15% of their cash fees, and apply precisely that amount as a credit to your
account.
● You pay that much less on your own cash fees.
Let’s look at the following hypothetical scenario.
You have an associate who operates ABC Art School, and your partner wants to take up art
classes. However, the cost is beyond your budget.
You think:
“If only we could use trade dollars for this. Wait… why can’t we?”
You decide to give it a shot and talk to your associate about TEC. You explain a bit about how it
works, and they seem cautiously warm to the idea, but have questions. You connect them with
us, and ABC Art Class ends up becoming a new member of the exchange. TEC will credit your
account 15% of all cash fees generated by ABC Art Class for the duration of their membership
with Trade Exchange! Your partner gets to enjoy art classes. You have a great new use for your
trade dollars. Your associate’s art class is busier than ever, and you get to keep some of your
cash fees in your pocket.
Everyone wins!
In short, help pay your monthly cash fees with your referrals.
● Use our referral incentive as an opportunity to get your desired businesses on TEC.
● Receive 15% of your referrals’ cash fees for the duration of their lifespan with TEC (in
the form of an account credit towards your own cash fees).
*Please note: Cash credit is only redeemable towards monthly membership fees. Your referrals
need to know what Trade Exchange Canada does for you to be eligible