Implement a referral program to increase revenue and reduce acquisition costs, all with simple rules and automation.
HOW IT WORKS
Referred visitors have a 37% higher retention rate and a 16% higher customer lifetime value (CLV). Make referrals central to your acquisition efforts with our simple no-code setup. Here’s how it works:
AUTOMATE referral requests
Automatically send a referral request following a customer’s positive experience with your brand. Trigger points include:
Nurture top referrers
Recognize your top-performing brand advocates by showing them you appreciate them.
Rewards for referrals
custom controls
Thanks to the referral program, nuud users have brought in thousands of new armpits this year, and we’re excited to continue growing this way.
A referral program incentivizes customers to recommend your brand by rewarding them for referrals. Customers share a unique URL with friends and family through SMS, social media, WhatsApp, or email. Rewards are claimed once the new customer fulfils the referral terms, like making a purchase.
More points typically lead to higher returns. For maximum impact, offer existing customers enough points for a reward or 15% of the minimum purchase value.
‘Give and get’ programs, rewarding both the referrer and the referred friend equally, are the most effective.
If a referred friend returns their purchase, any points the referrer earned for that referral remain in a ‘pending’ state and are ultimately not awarded. The referrer’s points are contingent on the referee’s purchase being finalized.
Yes, to prevent misuse, LoyaltyLion allows you to set a cap on the number of referrals each customer can make.
