Put Referral Incentives to Work for You
Your customers can be some of your best advocates, and this is especially true if you incentivize referrals. You might even create a two-sided referral program where both the referral and your existing customer get a reward.
For example, you might offer both parties a 25% discount on their next purchase, or you might offer them a bonus product.
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Utilize Social Share Incentives
Would you like more people sharing your content? Then offer them an incentive to do so. You can even use an app like SocialShareMonkey.com to automate the process. If you’re running a contest, then use an app like Rafflecopter.com to give people extra entries in exchange for sharing.
Employ Outsourcing Bonuses
Want to enjoy better and faster work from your freelancers or even your employees? Then start utilizing bonuses for work well done. These can be either announced or unannounced bonuses. For example:
- Let freelancers know upfront that you’ll give them an X% bonus for every day they deliver a project early (up to some set percentage).
- Surprises freelancers with a bonus when they’ve done an exceptional job (and be clear about why, exactly, they’re receiving that bonus). This bonus could be cash or even a gift certificate to a nice restaurant or retail shop (like Amazon).
Here’s the next idea…
Offer Loyalty Bonuses
The idea here is to reward long-time customers for their loyalty. You can do this by starting up a loyalty program, where customers receive rewards after they’ve earned so many “points” or purchased X number of products from you.
For example:
- Purchase seven products and get the eighth one free.
- Earn 1000 points and you can start turning those points in for discounts, free products and other rewards.
Alternatively, you can simply send out an email to offer rewards and bonuses to long-time customers. For example:
“To thank you for your years of loyalty, we’re offering you six months of free membership inside our online marketing membership site! There are no strings attached, no credit card required, no hoops, no obligation. This is our gift to you as our way of saying thank you for sticking with us!”
Here’s another idea…
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Extend First-Time Customer Bonuses
One of the hardest sales you’ll make is to convince a potential first-time customer to spend money with you. You can make this sale a little easier by offering discounts or bonuses to first-time customers.
For example:
- First-time buyers will enjoy a 50% introductory discount! Click here to get started…
- To sweeten the pot, first-time buyers will also get the lead page templates absolutely free!
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