Set up your first referral program in under 15 minutes
Jul 18, 2022
1 minutes to read
Most businesses understand that referrals help to drive sales, increase brand loyalty and improve the Customer Lifetime Value among potential new customers. As far as techniques to achieve these objectives are concerned, referral programs are one of the most cost-effective.
People are 4 times more likely to buy when referred by a friend – Nielsen
A referred customer is 18% more loyal than a customer acquired by other means. -Annex Cloud
The Lifetime Value of a referred customer is 25% higher than that of other customers – Wharton School of Business
Setting up a referral program in-house requires a significant investment of development time and money. Luckily, Talon.One’s Promotion Engine was created specifically to handle the backend promotion logic and make the rest of the process as straightforward as possible.
To see how simple this process is with Talon.One, we’ve created a walkthrough guide to help you create a working referral program from your Talon.One account. Follow the steps outlined in the guide and you’ll have the core of a basic referral campaign ready in under 15 minutes.
Click below to get your guide to Setting up Referral Programs With Talon.One.
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