A referral program is a great way to increase the number of clients

A referral program is a great way to increase the number of clients

05.06.2019

Any successful business owner understands the importance of a constant flow of new clients. This makes clients who come through referral links extremely valuable. Such clients require fewer resources and are more loyal to the brand than those who come “from the street.” But how can you encourage current customers to recommend your company to others? We offer several tips and effective techniques.

Offer goods and services only high quality

Before you create a referral program, it is important to make sure that your products and services are of sufficient quality that your customers will want to recommend them to other consumers.

Happy customers with more will likely link to you. Otherwise, the referral program simply will not give the desired results.

Advertise the referral program through all possible communication channels

For your referral program to work, it is necessary that all clients know about its existence and can easily participate. Advertise it across multiple channels, starting with your website and blog. Create banners, use social media, and include reminders on invoices and receipts to let customers always remember that they can save on future purchases by inviting friends and family. You can also add a relevant message to the template of all emails.

Direct mail is another great way to reward customers who refer others to you. Send out flyers or postcards with custom codes.

The referral program should be simple and understandable

Nobody wants to understand the intricacies of the rules and conditions of participation, so it is necessary to simplify the rules. Attracting new clients should be as convenient as possible. For example, provide the client with a ready-made referral link and place a copy button next to it. Or send a personalized coupon that can be given to someone else.

Continuous monitoring and improvement

Do not leave the referral program without attention. Learn which techniques get the most response and focus on them. Analyze whether the referral reward is sufficient. It might be worth increasing or modifying it a little.

Competitions and games

< p>The game form and competitive element help to significantly increase the referral base in a short period of time. Offer your clients good prizes, limit the period of time and come up with interesting conditions. The flow of new customers will be ensured.

Possible bonuses

Important The success factor of a referral program is a bonus that will encourage the client to refer someone else to you, as well as a bonus that will attract a new client to make a purchase. Not everyone wants the exact prize you are offering. The ideal solution is to provide choice. What options might there be:

    • discounts or money. The most common and one of the most effective methods of encouragement. It is much better if both participants receive such an award - both the one who invited and the one who was invited. If your product is not an essential item and is needed by the client from time to time, you should think about returning to the client some part of the money spent by his referral;

    • internal currency. It is quite profitable to offer bonuses in the form of internal currency. This way you keep money in your system. This option is well suited for products that are used frequently - daily or weekly;

    • branded goods. Offering fun branded gifts - t-shirts, mugs, bags and other items - is great because it also advertises your business. However, it is important to make sure that you are giving quality gifts that people actually want, otherwise they will not become an incentive to attract referrals;

    • Gift cards to your or another establishment work well, especially for small local businesses. Cooperation with related partners helps in promotion.

So, when creating a referral program, it is extremely important to take into account the convenience of users and offer truly valuable incentives. Then it will be a great way to attract new customers and strengthen brand loyalty.