Why Referral Programs?

92% of consumers trust referrals from people they know - Nielsen
People are 4 times more likely to buy when referred by a friend - Nielsen
84% of consumers say they either completely or somewhat trust recommendations from family, colleagues, and friends about products; making these recommendations the information source ranked highest for trustworthiness. - Nielsen

Partnering with electrIQ for your Loyalty Program will:

Setup Program

We'll get you setup with a simple but motivating points system that engages customers.
Increased Customer Retention

We'll help retain your existing customers by making them feel appreciated, and reward your best customers with VIP perks.
Increase Revenue & Sales

Our Loyalty Program will drive increase revenue and sales through tiered points rewards systems and gift cards.

Our Referral Program Process

We have a loyalty program roadmap to enhance your customer experience.

Get a Proposal

Analysis

We'll analyze your existing referral program (if you have one) and bring best practices and our vast expertise from our other client programs to the table.

Step 1

Step 2

Strategize

We'll collaborate with your team to layout which referral strategies make the most sense and how we'll integrate the referral program into your existing marketing efforts and customer journey.

Set Up

We'll get you set up on one of our preferred referral programs, integrate into your existing ecommerce shopping cart and account, develop email triggers, segments, and a reward system.

Step 3

Step 4

Performance Analysis

We'll review important referral program KPI metrics, including revenue influenced, on a month over month basis to help us optimize and iterate off our successes.

Want the first two steps for free with zero commitment?

Get a Proposal

You'll receive an in-depth audit of your:

Referral Program Recommendations

We've scoped and worked with all of the top referral programs on the market. We'll provide our top 3 recommendations to you based on your business needs and goals.
Workflow Analysis

How are you incorporating your referral program into your customer lifecycle journey? We'll provide insights into where we see areas for improvement, bringing fresh ideas to the table.
Strategy Analysis

Is there a gap in your strategy? We've got you covered. Let's see how your strategy could be performing better.
Loyalty Program Health Analysis

We'll dive into your referral program analytics to asses the health of your program.