Amazon just made a really, really good move.
To incentivize more customers to install its app and shop from their phones, the online retailer is pushing out a mobile referral program rewarding each new mobile app user with up to $10 in store credit.
This master stroke will benefit the retail mammoth for years to come.
Here's why.
In creating a mobile Refer a Friend program, Amazon's mobile application reaps three key benefits in one st
4. THEBENEFITS
NEW CUSTOMER ACQUISITION
MORE MOBILE APP DOWNLOADS
ORGANIC UPLIFT
$5 CREDIT
BREAKS DOWN BARRIERS TO
TRYING AMAZON’S MOBILE APP
REFERRED USERS ARE ONE STEP
CLOSER TO MAKING A PURCHASE!
5. THEBENEFITS
NEW CUSTOMER ACQUISITION
MORE MOBILE APP DOWNLOADS
ORGANIC UPLIFT
INVITATIONS SEND REFERRED
USERS STRAIGHT TO THE APP
AMOUNT OF APP DOWNLOADS
DRAMATICALLY INCREASES!
6. NEW CUSTOMER ACQUISITION
MORE MOBILE APP DOWNLOADS
ORGANIC UPLIFT
THEBENEFITS
MORE DOWNLOADS
APP’S RANKING INCREASES
ORGANIC DOWNLOADS
INCREASES
THIS INITIATES
A VIRAL LOOP!
8. THEBENEFITS
NEW CUSTOMER ACQUISITION
MORE MOBILE APP DOWNLOADS
ORGANIC UPLIFT
COMPARE APP STORE RANKINGS
WHICH MOVEMENT
OF POSITION GAINS
A MUCH GREATER
ORGANIC UPLIFT?
#200
#164
#80
#27
9. ABOUT
ME
SCALEis one of the key
qualifications of a
successful referral
program.
DOUBLE-SIDED
REWARD: Both
parties get $5
each!
15. INVITATIONRATE
Having a referral
program on a mobile
device enhances user
engagement.
INVITATIONACCEPTANCERATE
Amazon can optimize invitation
acceptance benefits to maximise
its rate.
19. “THE REFERRAL PROGRAM BEST PRACTICES”!
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HORIZONTAL PICTURE
Amazon made a really smart move. It’s your turn.