Partner
Team up with brand champions to boost sales and acquire new users.
Why run this program:
Customer Acquisition Cost
Churn by linking your brand to a well loved brand champion
Word of Mouth by partners driving social sharing of promotion
Revenue
Customer Lifetime Value
Traffic by enlisting your partners following
Example:
A retail company has a strong brand and loyal following and wants to acquire more customers to increase revenue.
The company launches a Partner Program where they provide social media influencers with a discount code that their followers can use to receive 10% their next purchase. When a purchase is made using the code, the partner earns 10% of the purchase value in the form of a cash reward.
Features:
- Give partners a % of the purchases they bring in or a standard reward for each purchase.
- Delay reward until a refund window has passed.
- Set a time period during which partners can earn rewards.
- Set a reward that the partner can promote.
- Customizable email sent to any referred user that receives a reward.
- Customizable widget for partners to track their rewards.
- Customizable widget for someone referred by a partner to get their unique code.
- Customizable social messaging for partners to use.