{"id":7730,"date":"2023-12-11T16:02:36","date_gmt":"2023-12-11T16:02:36","guid":{"rendered":"https:\/\/referral-factory.com\/learn\/?p=7730"},"modified":"2025-04-25T12:50:26","modified_gmt":"2025-04-25T12:50:26","slug":"referral-program-for-small-business","status":"publish","type":"post","link":"https:\/\/referral-factory.com\/learn\/referral-program-for-small-business","title":{"rendered":"Can a Small Business Have a Referral Program?"},"content":{"rendered":"\n<p>While a referral program for small businesses might sound like something scary, expensive, and complicated, it shouldn\u2019t be like that. Sure, the life of a small business owner often feels like being a little fish in a sea of sharks. There you are, swimming against the tide, seeking a bite-sized piece of a customer while the big players grab all the glory and the spotlights. But what if we told you that, when it comes to referral marketing, being small is your superpower?&nbsp;<\/p>\n\n\n\n<p>Here\u2019s the truth: a referral program is not just a fancy concept for big players. If you\u2019re raising an eyebrow right now, wondering how that works for a small business like yours, stick with us. By the time we&#8217;re through with this guide, not only will your skepticism fade away, but you&#8217;ll be on your tiptoes to get your own customer referral program up and running.<\/p>\n\n\n\n<p>TLDR: If your business has more than 50 customers, you\u2019re probably going to need <a href=\"https:\/\/referral-factory.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">referral software<\/a> like Referral Factory to keep track of who referred whom \u2014 the good news is that this shouldn\u2019t cost you more than $100\/ month, and the returns are well worth the investment. Referred leads are 2x more likely to convert than leads acquired through paid marketing channels!<\/p>\n\n\n\n<embed src=\"https:\/\/referral-factory.com\/embed-generate-campaign\" width=\"100%\" height=\"400px\"\/>\n\n\n\n<blockquote class=\"wp-block-quote has-small-font-size is-layout-flow wp-block-quote-is-layout-flow\">\n<p><\/p>\n<\/blockquote>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69_1 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\"><p class=\"ez-toc-title\">Table of Contents<\/p>\n<\/div><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/referral-factory.com\/learn\/referral-program-for-small-business\/#Referral_Programs_101_Your_Inside_Out_Guide\" title=\"Referral Programs 101: Your Inside Out Guide\">Referral Programs 101: Your Inside Out Guide<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/referral-factory.com\/learn\/referral-program-for-small-business\/#Why_Referral_Programs_Work_Well_for_Small_Businesses\" title=\"Why Referral Programs Work Well for Small Businesses&nbsp;\">Why Referral Programs Work Well for Small Businesses&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/referral-factory.com\/learn\/referral-program-for-small-business\/#Real_Examples_of_Small_Businesses_Running_Successful_Referral_Programs\" title=\"Real Examples of Small Businesses Running Successful Referral Programs\">Real Examples of Small Businesses Running Successful Referral Programs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/referral-factory.com\/learn\/referral-program-for-small-business\/#How_to_Launch_an_Offline_Referral_Program_With_Referral_Cards_Download_a_Free_Template\" title=\"How to Launch an Offline Referral Program With Referral Cards (Download a Free Template)\">How to Launch an Offline Referral Program With Referral Cards (Download a Free Template)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/referral-factory.com\/learn\/referral-program-for-small-business\/#How_to_Launch_an_Online_Referral_Program_as_a_Small_Business_A_Step-by-Step_Guide\" title=\"How to Launch an Online Referral Program as a Small Business: A Step-by-Step Guide\">How to Launch an Online Referral Program as a Small Business: A Step-by-Step Guide<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/referral-factory.com\/learn\/referral-program-for-small-business\/#Tips_for_Your_Small_Business_Referral_Program\" title=\"Tips for Your Small Business Referral Program\">Tips for Your Small Business Referral Program<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/referral-factory.com\/learn\/referral-program-for-small-business\/#Best_Referral_Program_Software_for_Small_Businesses_Under_100month\" title=\"Best Referral Program Software for Small Businesses (Under $100\/month)\">Best Referral Program Software for Small Businesses (Under $100\/month)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/referral-factory.com\/learn\/referral-program-for-small-business\/#How_to_Track_the_Success_of_Your_Referral_Campaign\" title=\"How to Track the Success of Your Referral Campaign\">How to Track the Success of Your Referral Campaign<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/referral-factory.com\/learn\/referral-program-for-small-business\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-referral-programs-101-your-inside-out-guide\"><span class=\"ez-toc-section\" id=\"Referral_Programs_101_Your_Inside_Out_Guide\"><\/span>Referral Programs 101: Your Inside Out Guide<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Let\u2019s begin with a small FAQ to make sure we are all set with the basics. If you already know the answers, feel free to skip this section.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-is-a-referral-program-nbsp\">What Is a Referral Program?&nbsp;<\/h3>\n\n\n\n<p>In a nutshell \u2013 imagine your customers doing your promotion for you. This is what a referral program is all about. It is a marketing strategy where businesses encourage existing customers to refer new clients to their products or services. This is what makes referral programs so effective \u2013 people trust their pals more than flashy ads.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-where-do-i-start-as-a-small-business-nbsp\">Where Do I Start as a Small Business?&nbsp;<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Identify your target audience first.<\/li>\n\n\n\n<li>Add juicy incentives to motivate your current customers to talk.&nbsp;<\/li>\n\n\n\n<li>Think about how to promote your referral program. It can be on your website, social media, email, or good old face-to-face \u2014 or all of the above! We recommend promoting your referral campaigns through as many channels as possible.&nbsp;<\/li>\n\n\n\n<li>Be crystal clear in your communication: people should know what\u2019s in it for them, whether they are the ones spreading the word or those being invited to try out your business.&nbsp;<\/li>\n<\/ol>\n\n\n\n<p>If some of these steps seem complicated \u2013 no worries! We\u2019ll get into more detail later in this article.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-how-much-does-a-referral-program-cost-nbsp\">How Much Does a Referral Program Cost?&nbsp;<\/h3>\n\n\n\n<p>And here comes the cherry on the pie: referral programs are usually a steal compared to other marketing strategies. Against a common belief, you don\u2019t have to offer any referral rewards until the person being referred or invited \u2014 the \u201cfriend\u201d \u2014 converts. What is a \u201cconversion\u201d? You decide! Whether it is a sale, a signup, a certain period or spend, etc.&nbsp;<\/p>\n\n\n\n<p>The most costly part is the actual reward. So, you have to make it affordable and reasonable. What should it be? There are two main approaches to this:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Make your incentive cost 10x less (at most) than the lifetime value of your customer.<\/li>\n\n\n\n<li>Or a simpler option \u2013 make your referral reward equal to your current average cost to acquire a customer.<\/li>\n<\/ol>\n\n\n\n<p>If you want to learn more about the recommended value, check out this detailed guide on<a href=\"https:\/\/referral-factory.com\/learn\/referral-rewards\" target=\"_blank\" rel=\"noreferrer noopener\"> referral rewards<\/a>. As for the additional costs involved, this will depend on whether you use <a href=\"https:\/\/referral-factory.com\/referral-tracking\">referral tracking software<\/a>. There are multiple options for less than $100\/month, which we\u2019ll compare at the end of this article. That is if you need software at all.&nbsp;<\/p>\n\n\n\n<p>Keep reading to find out how to craft and launch a referral campaign!&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-referral-programs-work-well-for-small-businesses-nbsp\"><span class=\"ez-toc-section\" id=\"Why_Referral_Programs_Work_Well_for_Small_Businesses\"><\/span>Why Referral Programs Work Well for Small Businesses&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>What if we told you that small businesses are actually even more primed to get referrals? The truth is very simple: if you know your customers personally and they know you, you are much more entrenched in the local community. This bond means that you understand their pains and needs better, making their referrals not just a shot in the dark but a bullseye. Your existing customers will be more loyal, so they\u2019ll be more likely to spread the word and will be able to make more targeted referrals because they\u2019ll know your business better.&nbsp;<\/p>\n\n\n\n<p>Besides, there is far more space to experiment and track results more efficiently. You can try new solutions and track what\u2019s working or not without getting lost in a sea of data. Still not convinced? Let\u2019s check some great examples of when a strategic approach to using small <a href=\"https:\/\/referral-factory.com\/learn\/business-referrals\">business referrals<\/a> proved to be even more beneficial than traditional marketing.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-real-examples-of-small-businesses-running-successful-referral-programs\"><span class=\"ez-toc-section\" id=\"Real_Examples_of_Small_Businesses_Running_Successful_Referral_Programs\"><\/span>Real Examples of Small Businesses Running Successful Referral Programs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>You can build a referral program for your small business in just one click &#8211; enter your website below and try it for yourself<\/p>\n\n\n\n<embed src=\"https:\/\/referral-factory.com\/embed-generate-campaign\" width=\"100%\" height=\"400px\"\/>\n\n\n\n<p><\/p>\n\n\n\n<p>Here are some small businesses that are crushing it with their referral game:&nbsp;<\/p>\n\n\n\n<p>\ud83c\udf89 <a href=\"https:\/\/referral-factory.com\/ijMYd8\/preview\" target=\"_blank\" rel=\"noreferrer noopener\">Visa Solutions<\/a> is a company that connects healthcare professionals and U.S. healthcare organizations. How does their referral program work? They offer up to $500 for each friend who joins their Care For Your Dream program, deploys to the US, and works for 90 days. This is a great example of how a \u201cconversion\u201d can correspond to a combination of requirements.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"510\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business9-1024x510.webp\" alt=\"\" class=\"wp-image-7750\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business9-1024x510.webp 1024w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business9-300x150.webp 300w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business9-767x382.webp 767w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business9-1536x765.webp 1536w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business9-2048x1021.webp 2048w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business9-301x150.webp 301w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business9-100x50.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business9-702x350.webp 702w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business9-788x392.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business9.webp 1505w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\ud83c\udf89 <a href=\"https:\/\/referral-factory.com\/AnoeJj\/preview\" target=\"_blank\" rel=\"noreferrer noopener\">Versofy<\/a>: Headquartered in Johannesburg, the company focuses on accelerating the transition to clean, reliable energy one household at a time. For their referral program, the business decided to offer a milestone or tiered referral program, where the more successful referrals you make, the more you earn! Using a milestone rewards structure can improve ongoing engagement with your referral program, especially as referrers start to see the rewards rolling in.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"510\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business10-1024x510.webp\" alt=\"\" class=\"wp-image-7751\" style=\"width:760px;height:auto\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business10-1024x510.webp 1024w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business10-300x150.webp 300w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business10-767x382.webp 767w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business10-1536x765.webp 1536w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business10-2048x1021.webp 2048w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business10-301x150.webp 301w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business10-100x50.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business10-702x350.webp 702w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business10-788x392.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business10.webp 1505w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\ud83c\udf89 <a href=\"https:\/\/referral-factory.com\/VQ2gd8\/preview\" target=\"_blank\" rel=\"noreferrer noopener\">EverFence<\/a> crafts custom\u2013made fences for their clients. This is a great example of how a product business can create effective word-of-mouth marketing by using a referral program. Imagine \u2013 someone in a neighborhood installs a new beautiful fence. And then, in every small talk with their neighbors, they mention your business and share a referral link. As a result, more people get to know your product, while a client who recommends you receives a $100 Amazon Gift Card once someone installs a fence on their behalf. That\u2019s exactly what EverFence did.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"510\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business11-1024x510.webp\" alt=\"\" class=\"wp-image-7752\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business11-1024x510.webp 1024w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business11-300x150.webp 300w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business11-767x382.webp 767w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business11-1536x765.webp 1536w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business11-2048x1021.webp 2048w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business11-301x150.webp 301w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business11-100x50.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business11-702x350.webp 702w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business11-788x392.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business11.webp 1505w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\ud83c\udf89 <a href=\"https:\/\/referral-factory.com\/yWVHMA\/preview\" target=\"_blank\" rel=\"noreferrer noopener\">Client Needs Bookkeeping and Tax<\/a>: A customer referral program has also worked for professional bookkeeping services. In their campaign, the company focused on small business owners. They offer $400 for each friend invited after they settle their first quarterly Business Activity Statement (BAS). Besides, the person invited gets a free first month of financial support. What can your small business learn from this referral campaign? That it\u2019s best practice to reward BOTH the person referring and incentivize the person invited, which is called a \u201cdouble-sided reward\u201d in the lingo.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"510\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business12-1024x510.webp\" alt=\"\" class=\"wp-image-7753\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business12-1024x510.webp 1024w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business12-300x150.webp 300w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business12-767x382.webp 767w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business12-1536x765.webp 1536w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business12-2048x1021.webp 2048w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business12-301x150.webp 301w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business12-100x50.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business12-702x350.webp 702w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business12-788x392.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business12.webp 1505w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\ud83c\udf89 <a href=\"https:\/\/referral-factory.com\/0fTB9T\/preview\" target=\"_blank\" rel=\"noreferrer noopener\">Cleanrite<\/a>: This laundromat has a simple yet brilliant offer: for every 5 people who come and claim a FREE $20 laundry card at their Brooklyn location, a person referring will receive a $50 Amazon Gift Card. So, it\u2019s a win-win for everyone. Again, the double-sided reward approach works wonders to drive more referrals and more conversions.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"510\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business13-1024x510.webp\" alt=\"\" class=\"wp-image-7754\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business13-1024x510.webp 1024w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business13-300x150.webp 300w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business13-767x382.webp 767w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business13-1536x765.webp 1536w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business13-2048x1021.webp 2048w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business13-301x150.webp 301w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business13-100x50.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business13-702x350.webp 702w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business13-788x392.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business13.webp 1505w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>These referral programs helped businesses enhance customer growth, loyalty, and mutual benefits for both the person referring and the person invited. And as you see, you, as a business, set the rules. There is no right or wrong here. The important thing is to understand your target audience.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-to-launch-an-offline-referral-program-with-referral-cards-download-a-free-template\"><span class=\"ez-toc-section\" id=\"How_to_Launch_an_Offline_Referral_Program_With_Referral_Cards_Download_a_Free_Template\"><\/span>How to Launch an Offline Referral Program With Referral Cards (Download a Free Template)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Don\u2019t know where to start? It is actually very simple: if you have fewer than 50 customers, one of the best solutions for you might be to run a referral program using referral cards. This is because keeping track of who referred who is still pretty easy. What\u2019s a referral card?&nbsp;<\/p>\n\n\n\n<p>A referral card is a physical card that encourages your customers to share your brand with their friends and family. This is how it works:&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>You create a referral card that describes your incentive and requirements.<\/li>\n\n\n\n<li>You print out a stack of your referral cards and hand them out to your clients.<\/li>\n\n\n\n<li>They fill in their details.<\/li>\n\n\n\n<li>And later, hand the card to their friends or family. That\u2019s when they become \u201ca person referring.\u201d&nbsp;<\/li>\n\n\n\n<li>Their friend who receives a card (we call them \u201ca person invited\u201d) will write their personal information and return the card to you as a business when they come to buy your products or use your services.&nbsp;<\/li>\n<\/ol>\n\n\n\n<p>This way, you can easily keep track of who referred whom. It is a powerful referral marketing tactic that doesn\u2019t require any automation or prior experience.&nbsp;<\/p>\n\n\n\n<p>If you want to go further, here are a couple of <strong>pro tips<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Take your referrals online. <\/strong>Physical cards are not your only choice. You can also integrate an online referral tracking system by printing QR codes on the cards. In this case, people can scan the QR code to join your referral program online and share their unique referral link with their friends.&nbsp;<\/li>\n\n\n\n<li><strong>Get more than customer referrals.<\/strong> You don\u2019t have to limit yourself to your clients alone. Your employees and partners can also participate in your referral programs!&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"how-to-create-a-referral-card\">How to Create a Referral Card?&nbsp;<\/h3>\n\n\n\n<p>We all know that a centerpiece of any referral card is an incentive. But what else do you need to craft referral cards that would work properly?&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Think shape<\/strong>: First impression is everything. Creating a referral program for small business isn\u2019t just about discounts or rewards. You have to make people notice the card itself. Play around with the design \u2013 consider different shapes, sizes, fonts, colors, and textures.&nbsp;<\/li>\n\n\n\n<li><strong>Create a message<\/strong>: Once you have their attention, hit them with a message that sticks. Add your slogan or well-written phrase that sparks curiosity.<\/li>\n\n\n\n<li><strong>CTA<\/strong>: You still have to use the golden rule of marketing and encourage people to take action. Create a powerful CTA with a clear value proposition. Try going for something more personalized than just \u201cGet Now.\u201d This way, you will build better connections with your customers.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>Your referral card structure shouldn\u2019t be very tricky or inventive, just clear and engaging. Here are some referral card templates that you can edit and use for your own small <a href=\"https:\/\/referral-factory.com\/learn\/business-referrals\">business referral program<\/a>:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"574\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business1-1024x574.webp\" alt=\"\" class=\"wp-image-7742\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business1-1024x574.webp 1024w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business1-300x168.webp 300w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business1-767x430.webp 767w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business1-1536x861.webp 1536w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business1-2048x1148.webp 2048w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business1-268x150.webp 268w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business1-100x56.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business1-624x350.webp 624w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business1-788x441.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business1.webp 1500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.figma.com\/community\/file\/1314893342835229872\/referral-cards\" target=\"_blank\" rel=\"noreferrer noopener\">Click here to open these templates in Figma<\/a> and get a referral program up and running for your small business in no time. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-to-launch-an-online-referral-program-as-a-small-business-a-step-by-step-guide\"><span class=\"ez-toc-section\" id=\"How_to_Launch_an_Online_Referral_Program_as_a_Small_Business_A_Step-by-Step_Guide\"><\/span>How to Launch an Online Referral Program as a Small Business: A Step-by-Step Guide<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<embed src=\"https:\/\/referral-factory.com\/embed-generate-campaign\" width=\"100%\" height=\"400px\"\/>\n\n\n\n<p>Now, you might be thinking, \u201cHow would I do that?\u201d Okay, if you already have more than 50 customers and your online presence is quite strong, you\u2019ve got everything for a solid start. Let\u2019s check where we go from here.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-1-choose-the-rewards\">Step 1: Choose the Rewards<\/h3>\n\n\n\n<p>You have all the customers you know so well right in front of you. What would make them excited? What can solve their problems? And how can you make them interested in your offer? Based on these questions, come up with referral incentives.&nbsp;<\/p>\n\n\n\n<p>Take your time as you do that, and don\u2019t be afraid to tweak your strategy. It has to be effective because an incentive is the foundation of your customer referral program. Besides, you have to decide whether you are going to reward both a person referring and a person invited or just one of them. In a nutshell, you have two options:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Single-sided rewards.<\/strong> An option when either a person invited or a person referring gets a special offer from you.<\/li>\n\n\n\n<li><strong>Double-sided rewards. <\/strong>It is a win-win when both the person invited and the person referring get rewarded. Still, they receive a reward only after a successful conversion.<\/li>\n<\/ul>\n\n\n\n<p>Based on our experience, double-sided rewards work better in customer referral programs because everyone gets their piece of the pie.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-2-decide-on-the-specifics\">Step 2: Decide on the Specifics&nbsp;<\/h3>\n\n\n\n<p>Apart from the reward itself, you have two more aspects to consider:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>When will you reward people?<\/strong> This refers to your definition of a \u201cconversion.\u201d For successful referral marketing, make sure you get more than just an email address or a lead.<\/li>\n\n\n\n<li><strong>How are you going to track where new people are coming from?<\/strong> This might not be an issue when you have less than 50 customers, but later, you will need to use professional software to analyze all your campaigns.<\/li>\n<\/ul>\n\n\n\n<p>Set up those, and you can move to the next step.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-3-incorporate-referral-program-software\">Step 3: Incorporate Referral Program Software<\/h3>\n\n\n\n<p>Referral marketing software will help make the entire process way smoother for both your customers and your business. It\u2019s all about ease \u2013 easy for your customers to jump in and easy for you to handle the new leads. And you don\u2019t even have to be a tech guru \u2013&nbsp; these days, you get plug-and-play referral software that is built to be user-friendly for small business owners and digital marketers. You can build a fully automated referral program with no knowledge of coding and no development resources. Check below \ud83d\udc47for our guide to the best referral program software options for small businesses for under $100 per month!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-4-promote-your-referral-program-for-small-business\">Step 4: Promote Your Referral Program for Small Business<\/h3>\n\n\n\n<p>It is hard to run a successful customer referral program if your clients don\u2019t know a thing about it. So, your goal is to spread the word and make your campaign visible. Consider promoting your referral program through social media, emails, and even printing materials. Set up a landing page where people can register for referral links and make sure to give step-by-step instructions on how to participate. And if you choose an effective referral program software, this part will end up being easier and less time-consuming. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"tips-for-your-small-business-referral-program\"><span class=\"ez-toc-section\" id=\"Tips_for_Your_Small_Business_Referral_Program\"><\/span>Tips for Your Small Business Referral Program<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"488\" height=\"1024\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2024\/01\/tips-for-a-small-business-referral-program-488x1024.webp\" alt=\"tips for small business referral program\" class=\"wp-image-8008\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2024\/01\/tips-for-a-small-business-referral-program-488x1024.webp 488w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2024\/01\/tips-for-a-small-business-referral-program-143x300.webp 143w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2024\/01\/tips-for-a-small-business-referral-program-768x1612.webp 768w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2024\/01\/tips-for-a-small-business-referral-program-731x1536.webp 731w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2024\/01\/tips-for-a-small-business-referral-program-975x2048.webp 975w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2024\/01\/tips-for-a-small-business-referral-program-71x150.webp 71w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2024\/01\/tips-for-a-small-business-referral-program-100x210.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2024\/01\/tips-for-a-small-business-referral-program-167x350.webp 167w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2024\/01\/tips-for-a-small-business-referral-program-788x1654.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2024\/01\/tips-for-a-small-business-referral-program.webp 900w\" sizes=\"(max-width: 488px) 100vw, 488px\" \/><\/figure>\n\n\n\n<p><strong>\u2705 Explore and innovate<\/strong>: Before building a referral program for small business, chat with your most devoted customers. Find out what inspires them, what would make them shout your name from the rooftops. Run a mini referral experiment or a customer brainstorming session. It\u2019s all about finding something that resonates with your crowd.<\/p>\n\n\n\n<p><strong>\u2705 Broaden your reach<\/strong>: Don&#8217;t limit referrals to customers only \u2013 go beyond. Expand your network by reaching out to partner businesses in your community. You can also try to include different communities by offering them something they would like.<\/p>\n\n\n\n<p><strong>\u2705 Personal touch matters:<\/strong> Infuse a personal touch into the whole referral journey. Don&#8217;t underestimate it \u2013 a tailor-made charm can go a long way. Nurture relationships with your leads so you can write them to express gratitude.<\/p>\n\n\n\n<p><strong>\u2705 Be resourceful:<\/strong> Tight budget? Don\u2019t stress about it. Get creative. Consider organizing a refer-to-win competition instead of paying for each converted referral. This can be a cost-effective way to encourage people and save you money.&nbsp;<\/p>\n\n\n\n<p><strong>\u2705 Perfect your strategy first:<\/strong> Refine your referral marketing strategy before jumping into full automation. Maybe you don&#8217;t even need automation &#8211; it fully depends on your goals. If you have fewer than 50 referrers, a manual referral program might be just enough. Yet, if you\u2019re playing in the bigger leagues, affordable software can be a lifesaver. Another reason to refine your referral strategy is very simple: your customer can be an advocate of your brand. Give them something great to represent.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"best-referral-program-software-for-small-businesses-under-100-month\"><span class=\"ez-toc-section\" id=\"Best_Referral_Program_Software_for_Small_Businesses_Under_100month\"><\/span>Best Referral Program Software for Small Businesses (Under $100\/month)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"997\" height=\"1024\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business3-997x1024.webp\" alt=\"\" class=\"wp-image-7744\" style=\"width:760px;height:auto\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business3-997x1024.webp 997w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business3-292x300.webp 292w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business3-767x788.webp 767w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business3-1496x1536.webp 1496w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business3-1994x2048.webp 1994w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business3-146x150.webp 146w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business3-100x103.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business3-341x350.webp 341w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business3-788x809.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business3.webp 669w\" sizes=\"(max-width: 997px) 100vw, 997px\" \/><\/figure>\n\n\n\n<p>Let\u2019s take a closer look at each of these referral program tools to help you find a perfect fit.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"referral-factory\">Referral Factory<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"582\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business4-1024x582.webp\" alt=\"Screenshot of Referral Factory's homepage (referral software for small business)\" class=\"wp-image-7745\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business4-1024x582.webp 1024w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business4-300x171.webp 300w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business4-767x436.webp 767w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business4-1536x873.webp 1536w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business4-2048x1165.webp 2048w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business4-264x150.webp 264w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business4-100x57.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business4-616x350.webp 616w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business4-788x448.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business4.webp 1428w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\ud83d\udcaf <strong>Average review platform rating: 4.87<\/strong><\/p>\n\n\n\n<p>\ud83d\udcb8 <strong>Pricing range:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Starter plan: $95\/month<\/li>\n\n\n\n<li>Basic: $200\/month<\/li>\n\n\n\n<li>Pro: $400\/month<\/li>\n\n\n\n<li>Enterprise: custom (depending on the goals)<\/li>\n<\/ul>\n\n\n\n<p>\ud83d\udcbb <strong>Free tools: <\/strong><a href=\"https:\/\/referral-factory.com\/referral-calculator\">Referral calculator<\/a> &amp; <a href=\"https:\/\/referral-factory.com\/referral-link-generator\">Referral links generator<\/a>&nbsp;<\/p>\n\n\n\n<p>\ud83c\udfaf <strong>Main perks for small businesses:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Easy to implement and manage multiple campaigns<\/li>\n\n\n\n<li>Intuitive interface<\/li>\n\n\n\n<li>Variety of templates to choose from<\/li>\n\n\n\n<li>Option to create referral programs from scratch<\/li>\n\n\n\n<li>Affordable pricing<\/li>\n\n\n\n<li>Many referral links sharing options&nbsp;<\/li>\n\n\n\n<li>Several options to integrate your referral program with the tools you already use (including <a href=\"https:\/\/referral-factory.com\/integrations\/monday\" target=\"_blank\" rel=\"noreferrer noopener\">Monday.com<\/a>, <a href=\"https:\/\/referral-factory.com\/integrations\/hubspot\" target=\"_blank\" rel=\"noreferrer noopener\">HubSpot<\/a>, <a href=\"https:\/\/referral-factory.com\/integrations\/zoho\" target=\"_blank\" rel=\"noreferrer noopener\">Zoho<\/a>, <a href=\"https:\/\/referral-factory.com\/integrations\/zapier\" target=\"_blank\" rel=\"noreferrer noopener\">Zapier<\/a>, etc.)<\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/referral-factory.com\/\">Referral Factory<\/a> is one of the most complete tools for referral marketing. It offers everything you need to build a referral program, promote it to your customers or affiliates, and reward them for referring friends. Besides, you get native integrations with HubSpot, Salesforce, Stripe, Zoho, Zapier, and more.<\/p>\n\n\n\n<p>Apart from affordable and versatile packages, you can use several free tools that can come in handy even if you are not sure whether you need to get paid software yet.<\/p>\n\n\n\n<embed src=\"https:\/\/referral-factory.com\/embed-generate-campaign\" width=\"100%\" height=\"400px\"\/>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"referral-candy\">Referral Candy<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"675\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business5-1024x675.webp\" alt=\"\" class=\"wp-image-7746\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business5-1024x675.webp 1024w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business5-300x198.webp 300w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business5-768x506.webp 768w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business5-1536x1012.webp 1536w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business5-2048x1350.webp 2048w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business5-228x150.webp 228w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business5-100x66.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business5-336x220.webp 336w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business5-531x350.webp 531w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business5-788x519.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business5.webp 1428w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\ud83d\udcaf <strong>Average review platform rating: 4.45<\/strong><\/p>\n\n\n\n<p>\ud83d\udcb8 <strong>Pricing range:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Premium plan: $47\/month (for small businesses)<\/li>\n\n\n\n<li>Plus: $239\/month (for teams pushing for faster growth)<\/li>\n\n\n\n<li>Enterprise: negotiable<\/li>\n<\/ul>\n\n\n\n<p>\ud83d\udcbb <strong>Free tools: <\/strong>&#8211;<\/p>\n\n\n\n<p>\ud83c\udfaf <strong>Main perks for small businesses:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Audience segmentation<\/li>\n\n\n\n<li>Custom rewards creation&nbsp;<\/li>\n\n\n\n<li>Automated and customizable emails<\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/www.referralcandy.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">ReferralCandy<\/a> allows its clients to create a fully automated referral program. It primarily focuses on e-commerce businesses and has a number of integrations with e-commerce solutions, including Shopify, WooCommerce, Magento, etc. Still, you should be aware that apart from paying for your subscription, you will also have to cover a commission fee \u2013 3.5% for the Premium plan and 1.5% for the Plus.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"invite-referrals\">Invite Referrals<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"538\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business6-1024x538.webp\" alt=\"\" class=\"wp-image-7747\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business6-1024x538.webp 1024w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business6-300x158.webp 300w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business6-766x403.webp 766w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business6-1536x808.webp 1536w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business6-2048x1077.webp 2048w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business6-285x150.webp 285w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business6-100x53.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business6-666x350.webp 666w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business6-788x414.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business6.webp 1316w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\ud83d\udcaf <strong>Average review platform rating: 4.64<\/strong><\/p>\n\n\n\n<p>\ud83d\udcb8 <strong>Pricing range:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Basic plan: $99\/month<\/li>\n\n\n\n<li>Standard: $249\/month<\/li>\n\n\n\n<li>Enterprise: negotiable<\/li>\n<\/ul>\n\n\n\n<p>\ud83d\udcbb <strong>Free tools: <\/strong>\u2013<\/p>\n\n\n\n<p>\ud83c\udfaf <strong>Main perks for small businesses:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>One-time installation<\/li>\n\n\n\n<li>Full automation<\/li>\n\n\n\n<li>Personalized coupon-based feature<\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/www.invitereferrals.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Invite Referrals<\/a> is another referral program software that offers a variety of referral and social media sharing options. They have in-depth analytics and fully customizable campaigns. Yet, people without a technical background might find the platform quite challenging to navigate. Besides, your customers will have to connect their Facebook accounts for referrals, which might be a hustle.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"referral-rock\">Referral Rock<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"525\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business7-1024x525.webp\" alt=\"\" class=\"wp-image-7748\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business7-1024x525.webp 1024w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business7-300x154.webp 300w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business7-766x393.webp 766w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business7-1536x788.webp 1536w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business7-2048x1051.webp 2048w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business7-292x150.webp 292w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business7-100x51.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business7-682x350.webp 682w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business7-788x404.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business7.webp 1427w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\ud83d\udcaf <strong>Average review platform rating: 4.23<\/strong><\/p>\n\n\n\n<p>\ud83d\udcb8 <strong>Pricing range:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Starter plan: $200\/month<\/li>\n\n\n\n<li>Growth: $400\/month<\/li>\n\n\n\n<li>Established businesses: $800\/month<\/li>\n<\/ul>\n\n\n\n<p>\ud83d\udcbb <strong>Free tools: <\/strong>\u2013&nbsp;<\/p>\n\n\n\n<p>\ud83c\udfaf <strong>Main perks for small businesses:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Advanced reward management<\/li>\n\n\n\n<li>Concierge onboarding services<\/li>\n\n\n\n<li>Personalized links embedding across email campaigns, checkout pages, and in-app experiences<\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/referralrock.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Referral Rock<\/a> offers a wide variety of options for different businesses in marketing referrals. The platform has integration with HubSpot, Salesforce, ActiveCampaign, Intercom, Marketo, Typeform, Pardot, and MailChimp. So, you can bring to life most of your referral program ideas. Still, as a small business, keep in mind that integrations are restricted to higher-level plans. So, the automation options are not easily available for anyone with tight budgets.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"genius-referrals\">Genius Referrals<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business8-1024x494.webp\" alt=\"\" class=\"wp-image-7749\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business8-1024x494.webp 1024w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business8-300x145.webp 300w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business8-767x370.webp 767w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business8-1536x741.webp 1536w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business8-2048x987.webp 2048w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business8-311x150.webp 311w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business8-100x48.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business8-726x350.webp 726w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business8-788x379.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business8.webp 1427w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>\ud83d\udcaf <strong>Average review platform rating: 4.25<\/strong><\/p>\n\n\n\n<p>\ud83d\udcb8 <strong>Pricing range:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Started plan: $89\/month<\/li>\n\n\n\n<li>Silver: $219\/month<\/li>\n\n\n\n<li>Gold: $429\/month<\/li>\n\n\n\n<li>Platinum: $849\/month&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>\ud83d\udcbb <strong>Free tools:<\/strong> \u2013&nbsp;<\/p>\n\n\n\n<p>\ud83c\udfaf <strong>Main perks for small businesses:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Personalized service<\/li>\n\n\n\n<li>Powerful referral tools<\/li>\n\n\n\n<li>Tailored tools for a variety of referral campaigns<\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/geniusreferrals.com\/\">Genius Referrals<\/a> is a referral program software that offers separate options for different business types, well-tailored to their unique demands. Whether you need a solution for B2B, affiliates, influencers, or employees, you can get it. You also get quite a few integrations, from CMS and e-commerce solutions to email and billing tools. Yet, some claim that the user experience for setting up a campaign is rather complicated.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-to-track-the-success-of-your-referral-campaign\"><span class=\"ez-toc-section\" id=\"How_to_Track_the_Success_of_Your_Referral_Campaign\"><\/span>How to Track the Success of Your Referral Campaign<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Another common question for anyone starting a small business referral program is \u2013 how do I know if my campaign is successful? Let\u2019s check the most essential metrics one should track.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"938\" height=\"1024\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/referral_program_for_small_business-1-938x1024.webp\" alt=\"\" class=\"wp-image-7767\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/referral_program_for_small_business-1-938x1024.webp 938w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/referral_program_for_small_business-1-275x300.webp 275w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/referral_program_for_small_business-1-768x838.webp 768w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/referral_program_for_small_business-1-1408x1536.webp 1408w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/referral_program_for_small_business-1-1877x2048.webp 1877w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/referral_program_for_small_business-1-137x150.webp 137w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/referral_program_for_small_business-1-100x109.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/referral_program_for_small_business-1-321x350.webp 321w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/referral_program_for_small_business-1-788x859.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/referral_program_for_small_business-1.webp 1338w\" sizes=\"(max-width: 938px) 100vw, 938px\" \/><\/figure>\n\n\n\n<p>If you do choose to use referral marketing software, these metrics will be easily available so you can track the success of your referral program.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"444\" src=\"https:\/\/referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business15-1024x444.webp\" alt=\"\" class=\"wp-image-7756\" srcset=\"https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business15-1024x444.webp 1024w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business15-300x130.webp 300w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business15-766x332.webp 766w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business15-1536x666.webp 1536w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business15-2048x887.webp 2048w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business15-346x150.webp 346w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business15-100x43.webp 100w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business15-808x350.webp 808w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business15-788x341.webp 788w, https:\/\/learn.referral-factory.com\/learn\/wp-content\/uploads\/2023\/12\/Referral_Program_for_Small_Business15.webp 1500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To run a successful referral program for a small business, you need more than just a good idea but less than a giant business. With the right campaign, your customers will become your biggest advocates, spreading the word about your brand. Besides, now that you know the best referral software to choose from, you can create a campaign in a matter of a few clicks and get new customers without breaking your wallet.&nbsp;<\/p>\n\n\n\n<embed src=\"https:\/\/referral-factory.com\/embed-generate-campaign\" width=\"100%\" height=\"400px\"\/>\n","protected":false},"excerpt":{"rendered":"While a referral program for small businesses might sound like something scary, expensive, and complicated,...","protected":false},"author":1,"featured_media":7741,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33,28],"tags":[],"class_list":["post-7730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-referral-marketing","category-referral-software"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.1 (Yoast SEO v25.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Can a Small Business Have a Referral Program?<\/title>\n<meta name=\"description\" content=\"Small businesses benefit greatly from smart referral strategies. 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