Referrals Quickstart
When combining memberr Store Credits with Referrals, users experience a direct & tangible benefit by recommending friends and acquaintances.
Using Shopify Store Credits to Power a Referral System
Implementing a referral system is an effective strategy to attract new customers while rewarding existing ones. Shopify store credits offer a seamless and motivating way to drive such a system. Here's how you can leverage store credits to create a successful referral program.
1. The Basics of a Referral System
A referral system incentivizes existing customers to bring in new customers by offering rewards. When a referred friend makes a purchase, both the referrer and the new customer receive store credits. This creates a win-win situation, encouraging word-of-mouth marketing and expanding the customer base.
2. Setting Up the Referral Program
To start, merchants need to set clear rules and rewards for their referral program. Typically, this involves:
- Reward for Referrers: Offering store credits to existing customers when their referred friends make a purchase.
- Reward for New Customers: Providing an introductory store credit to new customers on their first purchase, encouraging them to complete the transaction.
3. Issuing Store Credits for Referrals
Shopify's admin panel or integrated apps can automate the issuance of store credits. When a referred customer makes their first purchase, the system automatically credits the referrer's account with the specified amount. Similarly, the new customer receives their store credit as part of their welcome package.
4. Promoting the Referral Program
To ensure the success of the referral program, merchants should actively promote it across various channels:
- Email Campaigns: Send personalized emails to existing customers, explaining the referral program and its benefits.
- Social Media: Utilize social media platforms to spread the word, encouraging customers to share referral links with their followers.
- Website Banners: Display banners on the Shopify store, highlighting the referral program and the rewards for participation.
5. Tracking and Managing Referrals
Effective tracking is crucial for the success of the referral program. Shopify offers various apps that can help monitor referrals, issue store credits automatically, and provide analytics on the program's performance. This allows merchants to adjust strategies and optimize the program for better results.
6. Benefits of Using Store Credits for Referrals
- Cost-Effective: Store credits are a cost-effective way to reward customers compared to cash rewards, as they ensure that the credits are spent within the store.
- Customer Retention: By rewarding customers with store credits, merchants encourage repeat purchases and build long-term loyalty.
- Organic Growth: Satisfied customers become brand advocates, promoting the store to their friends and family, thus driving organic growth.
Conclusion
Leveraging Shopify store credits for a referral system is a strategic way to enhance customer acquisition and retention. By offering compelling incentives for both existing and new customers, merchants can foster a community of loyal shoppers and drive sustainable growth for their business.
Referral settings
General
- Active
- Cookie validity period
Referring customer
- Referring customer gets
- Fixed amount
- Percentage amount -Free Shipping
- Store credits expire
- Credit expires in
- Availability delay
Recommended Customer
- Recommended customer gets
- Fixed amount
- Percentage amount -Free Shipping
- Minimum order value
- New customers only