As an entrepreneur building your business, you understand the power of word-of-mouth marketing and referrals. When your happy customers talk about their positive experiences with your brand, it leads to new opportunities and growth. Stockity referrals are a way for you to unlock the potential of word-of-mouth at scale. By providing incentives for your customers and connections to recommend your business to others, you put referral marketing on autopilot.
The key is making it easy and rewarding for people to refer to you. With the right referral program, you make referrals a best option for both your business and your advocates. Read on to discover how to design an effective Stockity referral program, promote it to your audience, and track the results to optimize over time. Build your referral engine and watch as your customers become your best marketers, driving a steady stream of new leads and sales through the power of word-of-mouth.
- What Is the Stockity Referral Program?
- How to Get Started With Stockity Referrals
- Promote Your Link
- Track Your Referrals
- Maximize Your Earnings
- Maximizing Your Referral Bonuses
- Promote Your Referral Link
- Offer Incentives
- Track and Follow Up
- Tips for Successful Referrals
- Focus on quality over quantity
- Provide incentives
- Make it easy to refer
- Express your appreciation
- Frequently Asked Questions About Stockity Referrals
- What is a Stockity referral?
- Can I refer to more than one person?
- Do the new members have to sign up immediately?
- Conclusion
What Is the Stockity Referral Program?
The Stockity Referral Program allows current Stockity customers to refer friends and family or anyone else to open a Stockity trading account. When someone you refer signs up and funds their account, both you and your referral will receive a comission.
The more people you refer to, the more rewards you can receive. There is no limit to the number of referrals you can make or rewards you can earn. Referring others is an easy way to accumulate more shares in your portfolio without depositing any additional funds.
To get started with the Referral Program:
- Log in to your Stockity account and click ‘Refer and Earn’ on the main menu.
- Share your unique referral link or code with other people. The link can be shared on social media, email or any other channel.
- Track your referrals and rewards.
The Stockity Referral Program is an excellent opportunity to earn comissions and introduce others to the benefits of trading with Stockity. Referring to close ones is a great way to help them learn investing in an engaging, rewarding fashion.
How to Get Started With Stockity Referrals
Promote Your Link
You’ll have a personalized link and code to share with your network. Promote your referral link on your website, in email newsletters, and on social media. The more people who sign up via your link, the more you’ll earn.
Track Your Referrals
In your Stockity account, you’ll see who signed up, when they joined, and how much you’ve earned from each referral. As your friends and followers start investing with Stockity, you’ll earn a percentage of their trading activity.
Maximize Your Earnings
To earn the most from the program, focus on high-quality referrals. Promote Stockity to engaged and active investors who will invest regularly and for the long term. The higher their portfolio balances and more they trade, the more you stand to gain.
With a well-promoted referral program, you can build a recurring revenue stream and maximize your earnings. But remember, the program works best when you refer Stockity to those genuinely interested in the service. Help your friends and followers invest better by introducing them to a platform you believe in. If done right, referrals are the best outcome for everyone involved.
Maximizing Your Referral Bonuses
To maximize the referral bonuses from your Stockity account, there are several effective strategies you can employ:
Promote Your Referral Link
Make your unique referral link easily accessible to friends and family by:
- Sharing it on social media platforms like Facebook, Instagram and Twitter. Include an enticing message about the benefits of joining Stockity.
- Sending an email to your contacts with details about the Stockity platform and your referral link. Explain how they can earn free stock by signing up.
- Posting your referral link on websites like Reddit, Quora and industry forums. Engage with the communities by answering questions and provide value. Only share your link when relevant and helpful.
Offer Incentives
Consider offering an additional incentive for people to use your referral link such as:
- A gift card if they become a long term Stockity member.
- Entry into a prize draw for contributing members.
These types of incentives, especially when combined with the standard referral bonuses, can be quite persuasive for new users.
Track and Follow Up
Monitor who has used your referral link to sign up so you can follow up appropriately:
- Send a thank you message and reiterate the referral bonus details. This helps ensure they qualify for the reward.
- Check in on new referrals to see if they have any questions about using the Stockity platform. Offer help and guidance to get them engaging as soon as possible.
- Continue promoting your referral link even after sign ups. New opportunities for referrals arise all the time through networking and community participation.
Consistently applying these techniques will allow you to maximize the referral bonuses available through your Stockity account and build goodwill with your network. Keep promoting, keep engaging and keep following up. Success will follow.
Tips for Successful Referrals
To unlock the power of referrals for your Stockity business, follow these proven tips:
Focus on quality over quantity
Rather than chasing as many referrals as possible, focus on nurturing strong relationships with your happiest clients. Satisfied customers who have had an exceptional experience with your services are the most likely to refer others. Make it a habit to ask your top clients for introductions to people in their network who could benefit from your offerings.
Provide incentives
Offer incentives for referrals such as discounts, gift cards or free services. Let your clients know you value their word-of-mouth marketing by providing rewards for successful introductions. While the incentives are appreciated, many clients refer others simply because they were so impressed with their experience.
Make it easy to refer
Don’t assume your clients will refer others or know the best way to do so. Explain your referral program clearly and provide the tools and information they need. You might create referral cards with details about your services to hand out. You can also draft an email template they can forward to contacts. The easier you make it, the more referrals you will gain.
Express your appreciation
Always thank your clients for referrals, whether or not they lead to new business. Send a handwritten thank you note or small gift to convey your gratitude for their support and confidence in your services. Your appreciation and ongoing follow-up will encourage them to continue referring others.
By focusing on highly satisfied clients, providing incentives, making referrals simple and showing your gratitude, you can unlock the powerful potential of word-of-mouth marketing for your Stockity business. With a steady stream of quality referrals, you will gain new customers, increase sales and build a thriving company.
Frequently Asked Questions About Stockity Referrals
What is a Stockity referral?
A Stockity referral is when an existing Stockity member refers to a new member. Referrals are one of the best ways to grow your Stockity account and the community.
Can I refer to more than one person?
Yes, you can refer as many new members as you like. There is no limit to the number of referrals you can make. Referring additional members is a great way to continue growing your account and maximizing the value of your Stockity membership.
Do the new members have to sign up immediately?
No, the new members you refer to can join Stockity at any time. We keep records of all referrals, so if someone joins in the future using the link you provided, you will still receive the commission for their trading activity. Referring more people, even if they don’t join right away, increases your chances of earning additional income.
Conclusion
As you have seen, implementing a referral program on Stockity can be hugely beneficial to your business. By incentivising your happy customers to talk about your services, you gain access to new leads and new customers at a fraction of the cost of traditional marketing methods. However, referral marketing is not a set-it-and-forget-it tactic. To be successful, you must commit to providing an exceptional customer experience, tracking your key metrics, optimizing and improving your program over time. If done right, referral marketing on Stockity has the potential to transform your business and propel your growth to new heights. The rewards of building a base of loyal brand advocates and a steady stream of organic new leads await you. All you must do is take the first step to unlock the power of Stockity referrals.