Our plug-and-play referral software offers everything you need to build, launch, and run your own referral program - including the issuing of your rewards and incentives.
Read on to learn all about rewarding with Referral Factory.
Who Can You Reward?
You can reward:
The Person Referring (the person doing the referring, who shares their referral link)
The Person Invited (the person being referred, who signs up on the referral link they were sent)
Both! Note that to reward both users, you will need to add multiple rewards, one for the Person Referring and another for the Person Invited.
What Events Can Trigger A Reward?
You can trigger a reward when:
The Person Referring joins your campaign either by registering for a referral link or being added to your campaign. (This reward can only be given to the Person Referring).
The Person Invited joins your campaign by filling in their details on the referral link shared with them. (This reward can be given either to the Person Referring or the Person Invited).
The Person Invited qualifies. (This reward can be given either to the Person Referring or the Person Invited).
All of the above! Note that you will need to add multiple rewards, one for each of the triggers.
In addition, you have the option to trigger rewards:
Once-off, based on the rules you set.
On a recurring basis. Recurring rewards are issued at regular intervals that you set. These can be weekly, monthly, quarterly, yearly, or at a custom interval.
At various milestones. Milestone rewards allow you to change the value of a reward based on a goal or target number of referrals. One common use case of a milestone reward structure is enabling a tiered structure, offering larger incentives as participants rack up more referrals.
What Can You Give As a Reward?
When you start to get referrals, Referral Factory gives you the flexibility to choose what to give as a reward.
Fixed Amount Rewards offer a set monetary value for successful referrals. Simply set the rules and select from 24 currencies. Then, issue the rewards yourself, or fully automate the process using Tremendous, Stripe, Zapier, or Webhooks. Fixed amount rewards work for cash, gift cards, vouchers, charity donations, and Stripe credits.
Commission-Based Rewards allow you to give people a percentage of the sale or deal they referred. That means no more manual calculations! Simply set the percentage and, once the reward becomes due, enter the total spend or deal value. Better yet, if you’re using one of our integrations, we can track the sale or deal value automatically. Issue Commission-based Rewards as cash, gift cards, vouchers, charity donations and Stripe credits.
Coupon Rewards mean that your e-Commerce or SaaS referral program just got a whole lot easier to manage. Simply upload a batch of unique coupon or discount codes and we can automatically issue them to your referral program participants via email, Zapier or Webhook. Or, if you’re using Stripe as a payment gateway, issue coupons automatically in the background, no fuss!
Custom Rewards have you covered if you’re planning to reward your referral program participants with non-monetary reward like points, tokens, swag, or, well, anything you can think of! Simply tell us what to call it and set the rules. You can then issue the reward yourself, send it via a Webhook, or connect to thousands of apps via Zapier.
What Options Are There To Issue Rewards?
Issue Yourself: We'll keep track of who needs to be rewarded but you do the actual issuing. This is particularly useful if you prefer to reward new referrals in your own currency, such as with branded swag or complimentary services. If you like, you can even set up an automated email with all the details. Once you've handled the distribution of your reward on your side, you can use our system to mark the reward as issued so you can check it off your list.
Reward with Tremendous: Tremendous is a global rewards and incentives platform that helps easily distribute 700+ options, including gift vouchers, prepaid cards, and money 💸 This is your go-to option for Amazon Gift cards, PayPal, Venmo, ACH… they even offer charity donations. If you’d like to spice it up a little more, you can even create a basket of options that reward recipients can choose from! Plus, Tremendous is free to use—you only pay for the rewards themselves.
Reward with Zapier: You can issue rewards using any software that has a connection to Zapier! For example, send a gift card with BHN Rewards or a voucher with Tango; send custom swag with SwagUp or get real personal and send a handwritten thank you card with Handwrytten. Simply configure the rules in Referral Factory then build your Zap.
Reward with Stripe: If you use Stripe as a payment processing platform, you can hook it up to Referral Factory to issue Stripe credits or Stripe coupons directly to your existing customers or newly referred leads. Best of all, our Stripe integration is no-code, so you don’t need a developer to set it up.
Reward with Webhooks: If you have your own software product or want to issue rewards via a custom application or platform, Referral Factory can trigger a webhook when a reward is issued. Simply set the rules and structure your data payload and we’ll take care of the rest.
Quick Links
Looking for more information on rewards? Try one of these guides: