INCENTIVIZING YOUR REFERRAL PROGRAM OR AFFILIATE MARKETING PROGRAMS IN THE USA AND WORLDWIDE.
Incentivizing your referral program or Affiliate marketing is key to its success. By offering rewards and incentives to those who refer your business to others, you can motivate them to continue promoting your offerings and bring in more customers. Whether you’re just starting out with your referral program or looking for ways to improve it, these incentive ideas can help take your program to the next level.
1. Post-Purchase Commission and Discount. Reward those who refer a friend who signs up with a commission and a discount on a current or future purchase.
2. Commission and Friend Discount. Offer commission, but instead of giving your partner a discount, pass the savings on to their audience. This exclusive discount is likely to increase their chances of buying from your link.
3. Double-sided Referral. When someone promotes, both the promoter and the new lead get a discount on the product. This strategy works great for software and supplements this truly Incentivizes your referral program or Affiliate marketing.
4. Goal-based Affiliate Rewards. Consider offering an outrageous reward if your affiliate makes a higher number of sales. This could be a car, vacation, or luxury service, or something else that motivates them. If that’s not feasible, ask how many sales they need to make for you to buy them the reward.
5. Buy One, Get One Free. This popular multi-level reward can be very effective if you know your customer’s lifetime value and can ensure it’s worth it.
6. Gifting Program. If your customer purchases for a team member or member of their audience, give them a price break. A gift is still a buyer and a lead!
Incentivizing your referral program or Affiliate marketing – tips for free
All the best in your affiliate marketing as you spin this into your business – don’t forget you can reach us anytime via phone, livechat or use the contact us box worldwide or follow us @eaprojects on Twitter
About Author
