2min chapter

The Bootstrapped Founder cover image

3. Make It Sell Itself: On Referral Systems

The Bootstrapped Founder

CHAPTER

How a Referal System Can Help Your Business

There is this level of trust transfer that happens if somebody refers a product. We've seen this in the conversion rates of people that came refer to our product as well. They converted much higher than people that just came through ng or even paid. If you build a referl system where your experienced customers help the new users get up to speed, you can significantly reduce the workload yourcustomer service department. Te there's an expectation of savings down the line. And most importantly, you know that there's a real person somewhere that you can ask if you run into trouble and that its the person that preferred them there.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode