Now’s the time to set up a customer referral program for your Magento store.

You’re probably a digital marketer, salesperson, or growth hacker who needs to grow sales while increasing the value your existing customer base and chances are you already know that word of mouth referral marketing is one of the most effective ways to acquire new high value customers at the lowest cost.

With our Refer A Friend Magento extension, you can get up and running with a full featured, automated referral program within days. With RewardStream, you’re not just getting a software extension, you’re getting a team of referral marketing experts that’s obsessed with optimizing referral programs using best practices learned from operating some of the largest referral programs in North America.

Get started for free!

We know you only want to pay for stuff if it makes you more money and saves you time.
Our plans start at $0 per month and you only pay for successful referrals.

Did you know that

90%

of businesses rely on word of mouth referrals to acquire new customers yet only

5%

of them actually have a system in place to generate them?

Awesome referral marketing programs will:

 

  • save time and money for busy marketers through automation
  • require minimal or no IT support
  • be easier and faster to set up than you think
  • have a positive ROI and bring new high value customers
  • have flexible mechanics to meet your business needs
  • provide valuable insights for conversation rate optimization
  • protect against fraud and “gaming” of the system

RewardStream has the easy and cost-effective solution you’ve been looking for.

We’ve generated over $300 million in new business for our clients.

Our programs have seen a 10% to 25% year-over-year growth in new customers from referrals.

How does it work?

  • Step 1: Promote your referral program to get your customers to refer their friends.

 

  • Step 2:  Your customer sends a referral by email, social media, or their personal referral link.

 

  • Step 3: Their friend claims the referral and receives a unique offer code for their first purchase.

 

  • Step 4: Their friend applies the offer code during checkout and receives a discount.

 

  • Step 5: Your customer automatically receives a reward code towards their next purchase.

What if you could get a

80%

conversion rate?

That’s

15x

more than email, affiliate, site visits, or keyword searches!

What does a refer-a-friend program look like in Magento?

Set up and configure your extension in Magento.
Set up and configure your extension in Magento.
Your customers send referrals from their My Account.
Your customers send referrals from their My Account.
Referees claim their referral offer.
Referees claim their referral offer.
Referees receive their referral coupon code and prompted to Shop Now.
Referees receive their referral coupon code and prompted to Shop Now.
Referees use their referral code to get a discount on their first purchase.
Referees use their referral code to get a discount on their first purchase.
Promote your referral program upon successful checkout.
Promote your referral program upon successful checkout.

Who is RewardStream?

RewardStream pioneered the referral marketing software space, providing enterprise-grade customer referral and loyalty solutions for Fortune 100 companies for nearly 15 years. We offer Magento stores like yours a referral marketing partner you can trust and depend on. Our platform combines a flexible social recommendation interface with powerful referral life cycle tracking, and automated reward fulfillment.

We will work with all of our clients to set up, launch, and optimize program results to ensure you are successful. We assign all of our clients a customer success specialist to ensure our referral solutions meets your expectations. We release new versions of our platform on a monthly basis, ensuring continuous software improvements and ongoing support.

Island Savings
iPromo
Utility Employees Credit Union
Koodo
Rogers
Envision Financial
Boost
Wind Mobile
Cricket
Virgin

Here’s how to get started today

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Step 1
Download the extension, add it to your Magento store, and enter your RewardStream credentials.

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Step 2
Define your program rules and rewards. Customize your landing pages and triggered emails.

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Step 3
Launch your new referral program and ask your customers for referrals.

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Step 4
Monitor your program success and tune it to help your customers get the most from it.

Frequently Asked Questions

A customer referral program is not a short-term campaign. It’s something that you consistently offer to your customers over time, to become part of your brand and customer experience. Referral programs increase customer loyalty by rewarding your customers’ positive brand advocacy.

Do you have a great product or service? Is it paired with a rock solid customer experience? Then a referral program is perfect for you. A referral will more likely occur if your customers have a positive experience and association with your brand.

Don’t worry. A RewardStream onboarding specialist will be with you every step of the way during your set up process. If you have technical difficulties, our technical team will be there to troubleshoot any issues.

You are likely going to a see an initial spike of referral activity at launch from people who are interested in learning more, followed by modest growth. Promoting the program and ensuring it’s visible in your marketing materials, and throughout your product purchase cycle, will be key to spreading the word. After the launch, results will grow as you continue to promote the program and engage with your customers. As more and more customers start making referrals, you’ll begin to see increased referral rates.

Analyze your referral funnel. If customers are not sending referrals, maybe it’s because they don’t know about your referral program. If referrals are being sent but no one is responding to them, revisit your referral emails and landing pages to ensure the copy is clear and the program is accessible. If customer referrals aren’t being approved, perhaps your referral program rules are too strict and you should consider being more flexible with timelines and offers. We can help you with this. Continue to test and optimize your referral program before making a final verdict.

We offer a plan starting at $0 and you only pay for purchases from referrals only – see our pricing here. There are many free referral marketing extensions for Magento that offer a standalone software extension.  RewardStream is a more complete solution, offering you a full end-to-end referral marketing solution that includes set up, launch, and program optimization. We’re not just a software vendor, we’re your marketing partner.

We have plans that start at $49 USD per month plus a small commission on first-time new sales resulting from referrals. We’re currently offering a limited time offer for our Magento Innovator Partners. Click here to learn how the RewardStream Magento plugin is priced.

Click to get started with the Refer a Friend Magento extension.