Rewards with Referral Factory and Tremendous

With Referral Factory and Tremendous 🎁 you can issue 700+ reward options including cash (Paypal, ACH, Venmo, Visa etc.), gift cards (Amazon ++), and charity donations automatically when you get referrals.

 

Our all-in-one referral software offers everything you need to build, launch, and run your own referral program - including issuing rewards and incentives when you start to get referrals.

With the choice of 24 currencies in over 80 countries worldwide, Referral Factory and Tremendous take your referral program global 🌏 Plus, Tremendous is free to use; you only pay for your rewards. 

Want to learn about other reward options with Referral Factory? You can issue rewards via Stripe, Webhooks, Zapier, or you can simply keep track of who's due a reward and Issue Your Own. Read the full guide to rewarding with Referral Factory to learn more. 


In this guide πŸ‘‡

1. How To Connect Your Tremendous Account

2. How To Configure Your Tremendous Account

2.1. Prefund Your Tremendous Account Balance

2.2. Create a Tremendous Campaign

3. How To Add a Tremendous Reward in Referral Factory

4. How To Track Tremendous Rewards In Referral Factory

5. How To Issue Tremendous Rewards in Referral Factory

6. Referral Factory and Tremendous FAQ

 


1. How To Connect Referral Factory and Tremendous

 

You Will Need

πŸ‘‰ An account on Tremendous. πŸ”— Sign up on Tremendous here.
πŸ‘‰ Any Referral Factory plan.
πŸ‘‰ A draft or live referral campaign in Referral Factory.

 

 

β†’ In the left-hand navigation bar of your Referral Factory dashboard, click Settings and select the Rewards Partners tab.

β†’ Click Connect under the Tremendous logo. 

β†’ Log into your Tremendous account. 

β†’ A pop-up will appear. Review the permissions and then click Authorize.

β†’ Success!


 

2. How To Configure Your Tremendous Account


2.1. Prefund Your Tremendous Account Balance 

❗️ Tremendous processes all payments for the rewards you issue. These payments are not handled by Referral Factory. 

 

❗️ To use Tremendous and Referral Factory, you must prefund a balance in Tremendous. Rewards issued via Referral Factory will then be deducted from that balance in Tremendous. Unfortunately, it is not possible to use the other payment options at this time.

 

πŸ”— Click here to learn about prefunding your Tremendous account on their help guide.


2.2. Create a Tremendous Campaign

πŸ“Œ Tremendous and Referral Factory both use the term β€œcampaign”. A campaign in Referral Factory refers to the user experience and rules for a referral program. A campaign in Tremendous refers to the user experience and rules for issuing rewards. 


A campaign in Tremendous has 2 purposes: 

πŸ‘‰ To define the catalog of reward options available to your recipients

πŸ‘‰ To set the visual presentation (webpage and email notification) of the reward 

πŸ”— Click here to learn how to set up a campaign in Tremendous on their help guide.

 

πŸ’‘ Want to give your users a choice of reward options? Tremendous allows you to curate a selection of rewards. When sending rewards internationally, they’ll only show the valid options in the recipient’s current location based on their IP address.


3. How To Add A Tremendous Reward in Referral Factory

 
β†’ In the left-hand navigation bar of your Referral Factory dashboard, click the Rewards tab.
β†’ Click Add New Reward.
referral_rewards (39)-webp
β†’ Name the reward. This is used for internal management purposes and won’t be shown to your users.
β†’ Choose who should be rewarded: the Person Referring or the Person Invited.

πŸ’‘ If you want to reward both in the same campaign, you should create multiple rewards as part of the same campaign.

β†’ Connect your campaign.

❗️ Rewards are linked to campaigns. If you have multiple campaigns and want to issue rewards in each of them, you will need to create multiple rewards. 

 
β†’ Click Next
referral_rewards (40)-webp
 

β†’ In the next step, click on Tremendous.

β†’ Use the dropdown menu to connect the Tremendous campaign you built in the previous step. 

β†’ Select your reward currency

β†’ Click Next


     
    β†’ Select whether you want to issue a Standard, Milestone, or Recurring Reward.
    referral_rewards (15)-webp
     
     
    πŸ‘‰ Standard rewards typically operate on an ongoing basis with no changes to the reward value as participants accumulate more and more referrals.
    β†’ Select whether you want your standard reward to be issued as a fixed value or as a commission
    πŸ‘‰ To add a fixed value reward:
    β†’ Set the target number of referrals invited or referrals converted that trigger a reward.
     

    πŸ’‘ Want to reward when the referral is invited AND when that referral converts? Set up multiple rewards within the same campaign. 

     
    β†’ Optionally, set the reward currency. You can leave this blank if your reward is not monetary.
    β†’ Set the reward value. You can enter "0" if your reward is not numerical or monetary.
    β†’ Set whether you would like to limit the number of rewards that can be issued to any single user. 

    πŸ“Œ The limit is the number of rewards to be issued, not the value of the rewards. 

     
    β†’ Click Next
    referral_rewards (17)-webp
     
     
    πŸ‘‰ To add a commission value reward: 
    β†’ Select whether a reward should be triggered when a referral is invited or when a referral is qualified (successful or converted).
     

    πŸ’‘ Want to reward when the referral is invited AND when that referral converts? Set up multiple rewards within the same campaign. 

     

     

     β†’ Enter the commission value as a percentage.
    β†’ Optionally, enter a maximum value for the reward. This will cap your reward value even if the percentage of the total deal or spend is a higher amount. 
    β†’ Set whether you would like to limit the number of rewards that can be issued to any single user. 

    πŸ“Œ The limit is the number of rewards to be issued, not the value of the rewards. 

    β†’ Click Next
    referral_rewards (18)-webp
     
     
    πŸ‘‰ Milestone rewards allow you to change the value of a reward based on a goal or target number of referrals at various milestones.  One common use case of a milestone reward structure is enabling a tiered structure, offering larger incentives as participants rack up more referrals.
    β†’ Select whether your Milestone rewards should trigger on invited or converted referrals.

    πŸ’‘ Want to reward when the referral is invited AND when that referral converts? Set up multiple rewards within the same campaign. 

    β†’ Set the target number of referrals that should trigger Milestone 1.
    β†’ Enter the reward value for Milestone 1. If the reward is not monetary nor numerical
    β†’ A name will be automatically generated for each milestone so you can easily keep track.
    β†’ Click + Add Milestone and repeat the previous 3 steps to add additional tiers or milestones. 
    β†’ Once you have set all the required milestones, click Next
    referral_rewards (19)-webp
     
    πŸ‘‰ Recurring rewards allow you to pay out the reward at regular intervals like weekly, monthly, or yearly. One common use case for a recurring reward structure is to pay out an affiliate commission on subscription-based products like SaaS referrals.
    β†’ Select whether you want your standard reward to be issued as a fixed value or as a commission
     
    πŸ‘‰ To add a fixed value reward:
    β†’ Set the target number of referrals invited or referrals converted that trigger a reward.
     

    πŸ’‘ Want to reward when the referral is invited AND when that referral converts? Set up multiple rewards within the same campaign. 

     β†’ Optionally, set the reward currency. You can leave this blank if your reward is not monetary.
    β†’ Set the reward value. You can enter "0" if your reward is not numerical or monetary.
    β†’ Set the reward period, this is interval at which the recurring reward should be issued. You can set the interval to be weekly, monthly, quarterly, annually, or at a custom interval of your choice. 
    β†’ If you would like to limit the number of intervals that recur, use the dropdown menu to place a cap on the recurring reward. 
    β†’ Finally, select how unqualified referrals should be treated. 
    β†’ Click Next

     
     
    β†’ At this stage, you have the option to enable auto-issue. By default, Referral Factory will NOT automatically issue your rewards. However, you can toggle the switch to allow rewards to be issued as soon as they become due. You can also switch auto-issue on and off from inside the Rewards tab. 
    β†’ Click Activate.

    β†’  Success!

     


     

    4. How To Track Tremendous Rewards In Referral Factory

     

    πŸ”— Read about how to search and filter rewards inside Tremendous here.

     

    β†’ In the left-hand navigation bar of your Referral Factory dashboard, click the Rewards tab.
    β†’ To see a list of all the rewards you have created, select β€˜Rewards Dashboard’.
    β†’ Select β€˜Rewards Due’ to see whether any users are due to receive rewards.
    β†’ Select β€˜Rewards Issued’ to see the rewards that have already been issued.
     referral_rewards (23)-webp
     
     

     

    5. How To Issue Tremendous Rewards

    β†’ In the left-hand navigation bar of your Referral Factory dashboard, click the Rewards tab.
    β†’ Select β€˜Rewards Due’.
    β†’ A list of due rewards will appear in the table below.
    β†’ Select the reward you want to issue.

    β†’ Click on the issue rewards in the top right-hand corner.
    β†’ The cart will show the type of reward, reward name, campaign name, number of rewards due, and the total value of the rewards. 
    β†’ Click Issue Via Tremendous.

    ❗️Clicking β€˜Issue Via Tremendous’ will automatically send the rewards and the value of the cart will be deducted from your Tremendous account balance. Please check carefully before you issue rewards. 

    Take a look at the πŸ”— Tremendous Billing FAQ before issuing rewards. 

    πŸ“Œ You cannot add different types of rewards to the same cart. If you want to issue Tremendous rewards and β€˜Issue Your Own’ rewards, you must add these to separate carts.

     

    πŸ“Œ If you would like to issue rewards automatically instead of having to manually add them to your cart each time, toggle on auto-issue. 



    6. Referral Factory and Tremendous FAQ

     

    What if the email address is wrong?

    πŸ”— https://help.tremendous.com/en/articles/resend-a-reward 

    Is it safe?

    πŸ”— https://www.tremendous.com/security

    πŸ”— https://help.tremendous.com/en/articles 

     

     

    To learn more about editing, deactivating, exporting or deleting rewards, please consult πŸ“– Rewarding With Referral Factory: A Full Guide