Referral programs are gaining immense popularity in this competitive market full of brands. Do you know why?
A recent study has found that individuals are significantly more prone to utilize an administration or purchase an item that has been prescribed by a known person.
In such a scenario, the planned Referral Program Strategy plays an important role in acquiring new customers having the advantage of quick conversion rate, higher lifetime value, and takes less time to close the deal.
Referrals happen when a loyal buyer of the brand recommends the brand’s products and services to another person. Thus, starting a Referral Program proves to be a well-thought approach to increase lead acquisition and retain old clients.
Triggers
- Add Task
- Add Module
- Create New opportunity
- Add New Entry
- Update Record
- Add Leads
- New Users
- Add Contact
- Create Custom Field
- Create Ticket
- Add Case
ACTIONS
- Track Referral Sale
- Facebook Post
- Twitter Post
- LinkedIn Post
- Referral Email Sent
- SMS Sent
- Web Banner Post
- Log Activity
- Update Segment
- Give Reward Points
- Offer Reward
- Send New Message
- Schedule New Offer
- Update Message Sequence
- Request Feedback
- Assign a New Task
- Send eSign Request
Today companies focus more on social media sharing, email communication, and digital rewards than simple word of mouth advertising. NextBee follows Referral Program best practices and has helped top brands develop tailor-made Referral Program about the business needs.
We would love to share more insights about Referral Marketing Programs and other Complete Engagement solutions to help your build engagement marketing techniques.
To design a complete referral process, implement NextBee AI-driven automated solution that has robust features and easy-to-customize. For more information or queries, feel free to contact us.
