Implement a referral program and see your revenue go up and your acquisition costs go down, 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:
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.
AUTOMATED TRIGGERS
Automatically send a referral request following a customer’s positive experience with your brand. Trigger points include:
Nurture your referrers
Recognize your top-performing brand advocates by showing them you appreciate them.
Rewards for referrals
custom controls
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.
