how to set up and implement a referral program
TRANSCRIPT
How To Set Up And Implement A Referral Program
Wilson Peng@artofwarbiz
wilsonpeng.com
Why Launch A Referral Program?• Acquire New User
• Retain Users
• Increase LTV
• More Feedbacks
• Generate Hype
• It Works!!
• TRIPLE WIN!
DropBox
3900% Growth Rate!!100,000 - 4million users in 15 months
Invite for free space!!
SpoonRocket
Inserted As Apart Of The Sign Up Process!
Perfect Pricing! $10 To Refer A Friend
The Power Growth Hacker Airbnb!!
Both People Get Paid For Free Travel? Awesome!Custom sharing on Facebook!
Custom BrandingGetting Personal!
Custom Landing Page/Personal ImageSay Thanks!! :)
Custom Landing Page With Personal Image Again!
Travel Anywhere
Reminds you each time you view your dashboard/messages
Retention!!!
Uber Time!!
Custom URL!Leverage Social Media
Learn A New Skill With Skillshare?
PrefilledTemplate
Strong CopyUsing Skillshare To Learn Real World Skills
Good Description For Follow Through
Join Me!
BirtchBox Physical Products
Try it first, then get rewards
Creating A Strategy
0
25
50
75
100
Ads Google Social Media Word Of Mouth
Measure HappinessDo People Like My Product?
Detractors = Unhappy Customer (Damage Brand)Passives = Eh…..It’s Ok
Promoters = Triple Win!!!
Determine NPS
To calculate your company’s NPS, take the percentage of customers who are Promoters and subtract the percentage
who are Detractors.
Tools For Determining NPS
Promoter.ioQualaroo
Be Creative!!
Raised 30k!
Tools For Creating A Referral System
Wordpress!!
Referral Candy
Don’t Forget To Keep Track of Everything!
Track All Links
Track All Conversion Rates
Track Traffic Source
Everything! :)
wilsonpeng.com@artofwarbiz