Single-Sided Referral Program Template

A single-sided referral program is a powerful tool for incentivizing those who refer others to your business. This type of referral program rewards only the referrer, rather than both the referrer and the new customer. By incentivizing the referrer, you create a powerful motivator for people to refer their friends and family to your business. This can help you build a strong network of loyal customers who are eager to refer even more people to your business. With a single-sided referral program, you'll be able to increase your customer base, improve customer loyalty, and drive revenue growth for your business. There are many different ways to structure your referral program, so it's important to consider which type of reward structure will be most effective for your business. Common rewards for successful referrals include discounts, free products or services, exclusive access to certain features, and even cash bonuses. It's important to decide on the right type of reward that will motivate your referrers without breaking the bank.