Discount for referring a friend

Offer a fixed (e.g., $25 off) or percentage discount (e.g., 10% off) to someone who is recommending your product or service. However, according to tests conducted by Annex Cloud, fixed dollar amounts are more compelling than a percentage off the purchase.

The timing for asking for referrals is also crucial: Don’t expect someone to provide a recommendation if they not completely satisfied. Ask them when they’re already on a dopamine high; right after a successful purchase. Source - DigitalPsychology.io.

Recommended App - Referral Candy

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