by BuyFi Team
We finally launched the referral rewards program on Clover, now available to all First Data merchants on the Station device and the Mini/Mobile terminals. The response in the first couple of weeks has been phenomenal. It is still early days for our app, but we hope to educate and get the local merchants successful with a type of rewards program that has allowed large Internet companies such as Uber and Dropbox acquire millions of customers virally.
A study by The Wharton School of Business shows that a referred customer is 18 percent more likely to stay with the business over time than the average customer. Description below.
Description: This is an app you simply cannot live without. A steady stream of customer referrals can transform your business into a highly profitable one. A study by The Wharton School of Business shows that a referred customer is 18 percent more likely to stay with you over time than the average customer. Crafting an effective customer referral program does not have to be complicated. We make is as easy 1,2,3 with this customer referral app.
1. Set up a referral reward for your customers who refer their friends to your business
2. Set up a sign up reward for their friends who will become your customers
3. Collect your customers email address and phone number right there on the pay screen We will do the rest.
We will send your referral incentive to all your customers by email, who will then refer their friends to your business – both the friend and your customer are rewarded when the friend makes a purchase from you. You may be be startled by the return on your investment!