Word of Mouth is the Key to Success with ReferralKey
ReferralKey has been described as LinkedIn mixed with AngiesList. That's not a bad way to put it because they do allow you to build a network of professional contacts as on LinkedIn and they build lists of reputable businesses as Angieslist does with reliable contractors.
This service focuses on a simple premise: You scratch my back and I'll scratch your's. So, you just build your network of contacts and refer the best you know and hopefully they'll do likewise and everyone benefits from the exchange. ReferralKey does all of the dirty work and helps you track every transaction and analyzes everything for you too.

You can advertise your business on ReferralKey and get listed by your location and industry. They will also register your listing with many search engines. This all enhances the odds of consumers finding your listing.
Membership to ReferralKey isn't free, even though they do let you create an account for free and allow you to receive up to three referrals without incurring any charges. Once you've reached three referrals you'll have to decide on which membership plan you want. There's a Silver Key plan for $10 a month and a Gold Key plan for $20 a month. The differences are detailed on here.
The concept of this service is solid and if referrals can generate significant amounts of revenue then it makes sense to sign up for one of ReferralKey's membership plans. The site is easy to use and they provide a great deal of useful information regarding your contacts and your industry. The old adage is true: It's not what you know, but who you know that counts. In this case, it could pay off big time as well.
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