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If it is already working, and your CAC is essentially $0 for those referrals, do you anticipate seeing a huge amount of growth if you introduced a referral prog
by ljoshua 5y ago
If it is already working, and your CAC is essentially $0 for those referrals, do you anticipate seeing a huge amount of growth if you introduced a referral program? One that would be large enough to outweigh the new costs?
Seems like a great thing to have customers loving you enough to be bringing you new leads without any incentivization. Perhaps you could find other ways of thanking your good referrers in a more natural way (even sending them a box of chocolates or a personal outreach from the CEO to offer a one-time consultation session) that might go even further, be more flexible, and keep you from introducing new costs and problems.
- mh_ 5y agoWe are already pretty ok at gifting back (our hoodies/gifts have a pretty good rep). I kinda default to “don’t mess with it” but sometimes wish we could do more to say thanks.