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Free Referral Program ROI Calculator

Ever wonder if a referral program is worth it? Our free ROI calculator helps you crunch the numbers and visualize the potential impact of your referral program. Input your customer lifetime value, referral rewards, and expected monthly referrals to see exactly how much value a referral program could bring to your business.

Use our Referral Program Checklist for comprehensive guidance in building a referral program in-house

Return on investment

🎉 335%


Net new business per month

$9,821


Customer Acquisition Cost (CAC)

$209

Try GrowSurf Free →

Why use our free referral program ROI calculator?

Benefits

  • Measure the effectiveness of your referral marketing efforts
  • Justify investment in referral programs to stakeholders
  • Identify areas for improvement in your referral strategy
  • Compare referral marketing ROI to other marketing channels

Key metrics to consider

  • Customer Lifetime Value (LTV)
  • Customer Acquisition Cost (CAC)
  • Referral conversion rate
  • Average reward cost per referral
  • Net revenue generated from referrals

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Reward examples

Here are examples of rewards used by GrowSurf customers.

B2C

Give 20 credits, get 20 credits. For every friend you refer who signs up, we'll reward you both with 20 extra credits.
Give $30, Get $30. When you refer a friend, we'll send you both a $30 Amazon gift card!
Get $5 for each friend you refer.
Recruit 2 friends that purchase a credit, and earn 1 reward credit for yourself!
Earn $3 in account credits for each referred friend.
Receive 1 month free for every person you refer that signs up
Invite friends and collect points to pay for your subscription. You'll both get 500 account credits for you and your friend.
Refer a friend and get $60 in credits when they sign up for a Pro account! Plus, your friend will receive a $40 credit to get them started.

FinTech

Get a $10 gift card for each friend that joins OurCompany!
For every friend you refer that funds their first account, we'll give you both $30 in investment credit.
Invite your friends and you will both receive an additional $50 on your first investment.
Invite friends and you’ll both earn $10 in account credits when they buy or sell at least $150 of cryptocurrency.
When the person you refer links an account, you'll both earn $2 🙌
Receive $200 for every accepted loan application.
Get a $10 gift card for each eligible referral!
Get a £5 gift card for each friend that joins.

SaaS (Self-Service)

Refer a friend and we’ll give you $50 when they become a customer.
You and your referral both get $50 gift cards when they raise their first $100.
Earn a $150 gift card for every referral + your friend gets 50% off their 1st three months!
Earn $100 for every referral!
Refer a friend and get 500 account credits.
Give 20 credits, get 20 credits. For every friend you refer who signs up, we'll rewards you both with 20 extra credits.
When you refer a new customer who uses OurSaaS to fulfill an order, you and your referral will receive $500 of credit towards future orders.
Receive $10 for each person you refer.

Online Education

Receive a $200 gift card for every person who signs up and starts a program.
Invite your friends to learn with us. For each referral, you will get $10 in credits to use on any of our courses.
For every person you refer to our program, you’ll earn a $25 gift card redeemable at Amazon.com and other major retailers. Your friend also gets a $25 discount by using your referral link!
Earn $150 USD for each eligible friend that completes Week 5 in our full-time program!
For every friend you refer who ends up signing up, we will give you $150.
Refer a friend and get $100 USD when they enroll!
Receive a bonus $100 USD for every 5 friends you refer that enroll.
Win a free class for being the top referrer of the month!

Online Insurance

Earn a $100 gift card reward for every person you refer who submits an application with us!
Receive a $20 gift card for each person you refer!
Share & Earn $50 per referral. Get $50 for every person you refer that apply for OurCompany's life insurance.
Get $250 for every customer you refer.

Enterprise B2B

Refer a friend and you'll both get $30 when they schedule a call with us!
For every friend you refer, you'll get a $100 Tango Card of your choice, with 200+ retailers, after 30 days of them becoming a paying customer!
Get a $100 gift card after you refer someone and they complete the signup process.
Give $200, get $200. For every person you refer, we'll give you both $200 off your next campaign.
Refer a friend and receive a $50 gift card when they make their first booking!
Receive $500 for your organization for every person you refer that signs up with us.
We'll send you $250 cash for every referral that raises $2,500.
Earn up to $300 by sharing your love for OurCompany! For every person you refer who completes a demo, you will receive a $50 eGift. For every deal that closes, you will receive an additional $250 eGift.

🎉 You're missing out on $9,821 every month

Don't miss out on potential revenue! With GrowSurf's referral software, you can achieve an impressive 335% ROI and turn your customers into your best marketers.

Capterra GetApp G2 SoftwareAdvice Product Hunt Product Hunt - referral program software

Set up your refer a friend program with customer referral program software that lowers your acquisition costs, increases customer loyalty, and saves you gobs of time.

Trusted by marketing and product teams at fast-growing B2C, fintech, and SaaS companies

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Alma (color)PolicyMe (color)Boxcast (color)HearthGipperFondoEturnityBoldin (color)BoltRally RdInvestEngineLes Mills (color)MainStreet (color)WillfulRenmoneyRaylo (color)TradeAcademy (color)TopcoderHiglobeZellerCodeRabbitAutoHaulerExchange (color)AddifyInstrumentlTeamSnapArc.devFreely (color)Microverse.orgVinovest (color)EdenSciSpaceSkribe AIPets4Homes (color)Offcall (color)Range (color)ESTSoftBlueprintHealthQuickstartSurveyMonkeyJoltBomboraSolanaIndeedDraftbitDoctor Disability (color)DonorboxTogglDonordock (color)SiteMinderRewindPatternLife (color)HealthAtom
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Refer and Earn $100

How it works

1

1. Share your unique link with friends or colleagues that are looking for a referral marketing software solution.

2

2. If your friend becomes a GrowSurf customer (31 days after their first payment), we'll send you a $100 gift card and your friend will get a $100 discount on their first invoice.

3

3. Keep sharing GrowSurf to stack your referral rewards (there are no limits!).

Referral Program FAQ

  • I know someone whose company could use GrowSurf. How can I make a referral?
    To start the referral process, please sign up (or log in) to our referral program here. Once you’ve signed up, you can share your unique referral link via email, social networks, and direct email invite. Please note, in order to take part in our referral program, terms and conditions apply. You may view the terms of service of our referral program here.
  • What is a successful referral?
    In order for a referral to count, the person you’ve referred must be brand new to GrowSurf when they sign up and have passed our minimum qualified lead requirements. They must not have been contacted by our team or been a customer or trial user of GrowSurf prior to signup.
  • How do I know how many of my referrals have signed up?
    Once you’ve signed up for our referral program, you will be able to see how many of your referrals have signed up by logging into our referral portal here.
  • If one of my referrals books a demo call, when and how do I get my reward?
    All referrals must be qualified prospects based on our minimum requirements. We manually approve all rewards after a demo call is completed. Once your reward is approved, you will receive an email from us notifying you with more details.
  • My referral forgot to use my unique referral link to sign up. Is there a way I can still receive credit?
    Please contact our team at support@growsurf.com to assist you.

Terms of Service

  • All referrals are manually approved by our team. Self-referrals are not allowed. Abuse or gaming will result in having your account banned.
  • Referral program is limited to GrowSurf customers (including members of paid GrowSurf team accounts)
  • This offer cannot be combined with any other affiliate or promotional offer
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