Referral programs mostly fail because companies try to manufacture word of mouth rather than capture it. In this episode, Joseph Michelli reframes referrals as a design problem, not a promotion problem — anchored by Nielsen’s finding that 92% of people trust friends over any ad, and the referral gap: 83% of happy customers are willing to refer, but only 29% do. Featuring how Airbnb engineered talkable moments at scale.
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