What is the Torgsoft Referral Program?
The Torgsoft Referral Program is a program that automates the company's settlements with referral partners and helps to control the flow of customers from referrals and the balance with intermediaries.
To attract more customers, business owners build a partner network through a referral system.
A referral system is a cooperation in which one company helps another to attract customers by recommending its products or services. Referral programs are suitable for all business sectors.
You can encourage other companies, stores, or professionals to recommend your company by paying referral bonuses to referrers.
A referrer is someone who recommends a company and can receive bonuses or remuneration for referring customers.
Who can be a referrer?
Partner referrers can be bloggers, opinion leaders, media, specialized professionals, partner companies in related fields, partner stores, neighborhood stores, and employees of other stores. For example, a car parts store and a service center, a cosmetics store and a beauty salon, a coffee shop and a grocery store, a diagnostic center and a nearby café can cooperate on a referral basis.
How does the Torgsoft referral program work?
Add your referral partners or their employees to the accounting program in the list of referral partners and the program will calculate bonuses, payments, and discounts for them.
The program provides various payment options:
- payment to the partner company for each purchase of its customers,
- crediting bonuses to individual employees of the referrer for their recommendations,
- creating a customer discount card with the linking of the card to the referrer.
Learn more about the accounting program for working with referrals.