Grow your business with industry partner referral programs
Team up with industry partners to expand your reach. See how Locorum helps you build strong partnerships and boost referrals.
What is an industry partner referral program?
An industry partner referral program lets you work with other businesses to get them to refer customers to you. By offering referral rewards with companies you typically work with, you can both benefit. Locorum makes it easy to manage and track these partnerships.
Before Locorum
Hard to coordinate referrals with multiple industry partners
Manual, time-consuming and error-prone referral tracking and rewards
Keeping track of who referred who can be confusing
Evaluating referral program effectiveness is difficult
With Locorum
Easily manage multiple partners in one place
Automated referral tracking, providing real-time updates
Clear records of all referrals and rewards
Automatic lead tracking displays all your referral data
Why run an industry partner referral program
Expand your network
Get more business by tapping into your partners' customer base to find new clients.
Build strong relationships
Strengthen your trusted partnerships by sharing referrals and rewards.
Increase credibility
Referrals from trusted industry partners build trust with potential clients in the market.
Cost-effective growth
Grow your business without spending more on traditional marketing.
How to run an industry partner referral program
1. Set up your program
Create a program as you normally would, but segment it for one or more industry partner. Decide if you want to separate programs by partner or combine them all.
1. Set up your program
Create a program as you normally would, but segment it for one or more industry partner. Decide if you want to separate programs by partner or combine them all.
2. Choose your budget
Set up rewards for both your partners and the customers they refer. Rewards can be fixed or based on the sale amount.
3. Promote your program
3. Promote your program
4. Track and reward
Monitor referrals in real-time and distribute rewards with only a click to incentivize and appreciate your industry partners for helping grow your business.
