Configure Referral Program

For bringing in new users to a business or platform

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A referral program is a system that rewards individuals for bringing in new users. It is configured to encourage user growth through word-of-mouth marketing. The benefits include increased user acquisition and cost-effective marketing.

Steps to Create New Referral Program
1. Go to Manage
2. Select Promotions from the Dropdown.
3. Select Referral Program
4. Click on the Referral program option from the sidebar
5. Click on the New button to create a new referral program
6. Enter the Title of the referral program
7. Select the users for whom the program is applicable for
8. Select Date when the program will expire
9. Define Min Referrals: Minimum referrals required
10. Define Max Referrals: Maximum number of qualified referrals allowed a. Option to enter Message
11. Select the user to be rewarded a. The user referring b. The user being referred OR c. Both users
12. Select the reward type for each of the selected users - Cash or Points
13. Referral Condition (Determines when the reward should be given to the users a. Refer - once the referred user has onboarded using the referral code -- Value (cash/points) to the selected users b. Transaction - once the referred user has completed the configured amount/value of transactions -- Value (cash/points) to the selected user -- No. of transactions - if a reward is to be given after a set number of transactions -- Min transaction amount - if a reward is to be given after the minimum transaction amount is transacted