Digital scarcity does really exist, like we make it happen artificiallyd i've never thought about that for yes. What i would recommend is having one to three rewards, between one and ten, so as low as possible. Trying to get as many people as possible to think if i go and share once on twitter, i'm probably going to get at least some of these rewards. I would start with one, then three, then five or eight, and then go out to ten, 15, maybe 20, and so on.
Welcome back to another episode of the Send & Grow podcast. This week, SparkLoop cofounder Louis Nicholls sits down with author, podcaster and newsletter creator Arvid Kahl.
Arvid is in the process of setting up a referral program for his newsletter, The Bootstrapped Founder. And asked me if I could help him with his reward strategy.
We decided to record the whole conversation — to give you an inside look at what to think about when coming up with the perfect rewards for your own referral program.
You can find Arvid on Twitter, or at TheBootstrappedFounder.com
And Louis is at @louisnicholls_ on Twitter.