Improved brand loyalty
A well-promoted referral rewards program will incentivise your existing customers with tantalising thank you gifts. Encourage your brand advocates to drum up new custom for your business.
Tempting Referral Rewards for Customers
If you want to maximise take up of your recommend a friend scheme then you’ll need to offer referral rewards with universal appeal.
Big Brands Harness the Power of Recommend a Friend Schemes
We’ve supported many well-known brands in the development of their refer a friend program.
Simple, easy to understand and enticing for the end consumer, these recommendation gifts are extremely simple to manage and cost effective for your business.
Your Business Can Benefit From a Customer Referral Program
When you consider how you decide what to buy and where from, you probably think about recommendations made by trusted friends. If this rings true, then you already understand how crucial your customer referral program can be to sales success.
The very best form of marketing is when you can persuade someone else to do the hard work for you – which is why setting up a refer a friend scheme can bring a much higher return on investment than many other forms of promotional activity.
The benefits of persuading your current customers to recommend a friend include:
Refer a friend schemes validate a product or service and provide confidence to the potential buyer. When you recommend a friend to a business, you’re acting as an advocate for their brand and giving valuable customer insight into their reputation and quality – and let’s face it, most of us will trust someone we know over a marketing campaign any day.
Types of Refer a Friend Schemes
Essentially, there are two different ways to incentivise a customer to refer a friend:
Of course, while it’s certainly true that the cost of providing an incentive for customer referrals can be returned many times over in purchase value throughout the relationship period, it’s essential that you balance referral costs with projected sales values overall.
Our reward experts can work with you to identify, analyse and calculate your business data and sales figures to ensure a genuine return and maximise the value of any refer a friend scheme you choose to implement.
Our easy-to-understand schemes are a highly effective way to capitalise on brand fans and can be fulfilled using our extensive prize catalogue. Spending is capped within the boundaries laid out by your budget, and rewards an excellent way to prompt your customers to advocate on your behalf. So what are you waiting for?
GET IN TOUCH
If you’re seeking a highly appealing reward for your next refer a friend scheme or need a little advice in designing the referral process, we’d love to help.
To talk to a member of our team, please call 0151 653 1752 or fill in the form below.