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Types of referral programs


A business referral means someone recommends a business to a potential client. A recommendation can happen spontaneously, like word of mouth or planned marketing efforts like promotions through brand ambassadors. Using WaveToGet loyalty and rewards app you can make the process much easier.

Types Of Referral Programs 

You can make referrals for your business using one or several types below.

Word of mouth: You can ask customers and your business partners to spread the word about your business. Brand ambassadors can also play an even partly in popularizing your business.

Email: Email to customers is a way of marketing by sending them news, promotions, and other information about products or services.

Reviews: Customers evaluate your business on your business website and other review sites like Google.
Social media: Social media allows those happy with your products or service to easily recommend you by sharing your content because it reaches an entire audience at once.

Incentives: Incentive encourages customer loyalty because rewards are on offer. Coupons and gift cards are popular gifts. Digital rewards are also becoming popular.

How to set up a Referral Program

WaveToGet loyalty and rewards app is an excellent example of referral success. It supports marketing by enabling you to create customized loyalty and rewards programs. You can get a gift, loyalty, rewards, points, or discount card. WaveToGet has a referral function to let you reward your customers for refering your business with friends and relatives. You set up any amount you want as a referral bonus in WaveToGet app. People who are referred by your customers can use the loaded amount to try your business. A number will start checking out your business.

Benefits Of Referral To A Business 
This form of marketing requires promotional efforts and incentivizing customers through rewards, but it brings the following benefits.
• Targets a precise audience
• Identifies loyal customers
• Extends market reach
• Increases brand awareness
• Improves customer retention rate
• Increases conversion rate

A referral is a great marketing strategy that WavetToGet has modernized by making customized app

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