5 Tips to Build a Strong Referral Program
Online shoppers are 4 times more likely to buy a product when referred by a friend. Talk about strong social proof!
Referrals incentivize your existing customers to bring new buyers to your brand and increase customer retention. Unlike most tools, Loox Referrals are effective because they’re easy for you to set up, and take no more than a single click for your customers to participate.
We spoke to some of the most successful brands that rely on Loox Referrals to help them grow. Below are their 5 top tips for success:
1. Reward new and existing customers
Maximize engagement and drive more sales by customizing your Loox Referrals offer to reward both advocates and their friends.
By setting up a Friends Discount and an Advocate Reward, you can motivate advocates to share their unique referral links and encourage referred friends to make purchases. This creates a win-win scenario that helps grow your brand through word-of-mouth and social proof.
To set up your Referrals offer:
- Go to the Referrals Offer Menu in your Loox Admin.
- Set the friends discount, advocate reward, and a minimum purchase amount:
2. Encourage referrals at every touchpoint
Opportunities for referrals exist at various stages of the customer journey. The more touch points, the more chances of success, so it’s important to make your referral program prominent and accessible.
Loox enables you to display your program on your homepage, post-purchase, post-reviews, and even on a dedicated referrals page.
Go to the Referral Widgets Menu to activate and customize any (or all) of these referral widgets.
3. Make it yours
Brand consistency is key to being recognizable, establishing trust, and communicating personality. Loox Referrals enables you to customize every element of your referrals - from branding to messaging.
- Customize your branding and elements of your email appearance from the Email Settings Section in your Loox Admin.
- Customize the content and messaging of your referral offer from the Referrals Preferences Menu.
4. Spread the word
Maximize your chances of success by promoting your referral program outside of your online store. Easily set up a dedicated referral page on your site in the Shopify theme editor. For instructions, check out this article.
Then, link to it from your social, email newsletters, and other customer marketing channels.
5. Monitor your program
Keep track of your referral program’s performance and analyze the results regularly. This will help you identify areas for improvement and make any necessary adjustments. Loox displays all your referral performance data in your Loox homepage: