DiscoverThe Snoball Effect[PLAYBOOK] The Ultimate Guide to Referral Marketing: What We've Learned from Talking to 200,000+ Customers
[PLAYBOOK] The Ultimate Guide to Referral Marketing: What We've Learned from Talking to 200,000+ Customers

[PLAYBOOK] The Ultimate Guide to Referral Marketing: What We've Learned from Talking to 200,000+ Customers

Update: 2024-08-29
Share

Description

Send us a text

Drawing insights from over 200,000 conversations with customers in the home services industry, Todd and Tori share five essential strategies for building a successful DIY referral program.

Key Takeaways:

1. Nail Your Incentives: Learn how to find the perfect balance in your incentives to motivate your customers without hurting your bottom line.

2. Make it Easy: Simplify the referral process so customers can easily refer friends and family without extra hassle.

3. Promote Effectively: Discover tips to keep your referral program top of mind for your customers across various touchpoints, from your website to newsletters.

4. Track Performance: Understand the importance of monitoring your program’s success and how to refine it for even better results.

5. Iterate and Improve: Your first attempt might not be perfect. Get actionable advice on how to refine your referral program based on customer feedback and performance data.

Whether you’re a small business or looking to DIY your referral program, this episode provides practical steps to help you turn satisfied customers into enthusiastic brand advocates. Don’t forget to check out our content hub for templates and more resources to kickstart your referral marketing!

Chapters:

01:30 - Why Referrals Matter

02:45 - Overview of the 5 Best Practices

03:30 - Nailing Your Incentives

06:30 - The Psychology of Rewards

07:45 - The Importance of Fast Payouts

09:00 - Non-Cash Incentives

11:30 - Calculating Your Incentives

16:00 - Making Referrals Easy

18:30 - Optimizing Your Referral Forms

21:00 - Effective Promotion of Your Referral Program

25:00 - Personalized Follow-Ups

27:00 - When to Ask for Referrals

29:00 - The Power of Personalization

32:00 - Tracking Your Referral Program

37:00 - Tools for Tracking Referrals

44:00 - Iterating and Improving

46:30 - Summary of the 5 Best Practices

48:00 - Conclusion

#referralmarketing

Follow and chime in on LinkedIn.

Do you know a small business that would love to get the snowball rolling or an expert that can come on the pod and help us along the way? Email chadz@snoball.com or message us on LinkedIn to get involved.

Comments 
In Channel
loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

[PLAYBOOK] The Ultimate Guide to Referral Marketing: What We've Learned from Talking to 200,000+ Customers

[PLAYBOOK] The Ultimate Guide to Referral Marketing: What We've Learned from Talking to 200,000+ Customers

Snoball