4 referral program ideas to accelerate business growth
The cheapest, fastest, highest-converting marketing channel is — and has always been — word of mouth. The trick is making it easy.
1. The flat-fee thank you
$50 (or $100, or 5%) for any successful referral. Easy to track, easy to pay, easy to remember.
2. The two-sided incentive
Both your existing customer AND the new customer get $25 off. Removes the awkwardness of asking.
3. The vendor exchange
Pair with 3 complementary vendors. Refer to each other; track in a shared sheet; rotate who’s first.
4. The ‘wow’ surprise
No incentive announced. When a referral books, send the original customer a hand-written card and a small gift. They tell ten friends.
Pick one. Launch it this week. Don’t perfect it — perfect it later.