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In this episode of The Ecommerce Podcast, host Matt Edmundson welcomes back Raul Galera from Referral Candy to discuss the latest trends in Ecommerce. Raul shares insights from their Ecommerce Agency Confidence Index (EACI), a monthly report gathering data from around 100 agencies worldwide. They explore how global events like the US elections might impact Q4 sales, the paradox of price sensitivity versus outsourcing in Ecommerce, and the enduring optimism of entrepreneurs in the face of uncertainty.---Timestamps:0:00 - Introduction and welcome2:27 - Catching up with Raul Galera5:24 - Discussing the Ecommerce Agency Confidence Index8:53 - Black Friday and Cyber Monday expectations13:09 - Impact of global events on ecommerce confidence19:48 - Marketing strategies during uncertain times23:33 - Price sensitivity and outsourcing trends31:25 - The future of agency models37:52 - Raul's question for Matt38:32 - Closing thoughts on agency optimism---Key Takeaways:1. Focus on building a community around your brand. Raul emphasised that brands that work really well are those with a strong community. This doesn't necessarily mean a physical community, but rather a group of customers who identify with your brand even before purchasing. This community can generate word-of-mouth marketing and user-generated content, which can be leveraged across platforms.2. Consider the value of outsourcing to agencies. Despite increased price sensitivity, brands are still choosing to outsource to agencies rather than hiring in-house. Agencies offer intangible benefits such as access to collective knowledge and data from multiple brands, which can be invaluable for navigating uncertain times.3. Stay optimistic but realistic. Raul noted that even in challenging times, agency owners and entrepreneurs maintain a positive outlook for the future. This optimism is crucial for success, but it's also important to balance it with realism to avoid overselling and under-delivering.---If this episode of the eCommerce Podcast piqued your interest make sure to check out everything that gets done over here on the eCommerce Podcast, a space dedicated to eCommerce Wow!
In this episode of the Transform Sales Podcast: Sales Software Review Series, Dave Menjura, Marketplace Specialist at CloudTask, interviews Raul Galera, Growth Leader at ReferralCandy, an eCommerce referral marketing platform that automates the process of growing sales through customer referrals. Raul discusses how ReferralCandy helps online stores leverage the power of word-of-mouth marketing by offering customizable rewards and robust fraud prevention measures, enabling businesses to acquire new customers and retain existing ones efficiently. This game-changing tool streamlines referral programs, making it easier than ever for eCommerce businesses to scale their growth. Try ReferralCandy here: https://getcloudtask.com/ReferralCandy #TransformSales #ReferralMarketing #CloudTask #eCommerce #SalesSoftware
Send us a textWe're uncovering vital trends impacting your business decisions—from the rise in marketing budgets to the power of agencies in shaping strategies. We'll explore consumer behavior shifts, particularly within millennial families, and delve into how seasonal trends like back-to-school shopping can influence your bottom line.In this episode, Jordan West with guest Raul Galera, discusses the significant shifts in social commerce, with TikTok Shop coming to the forefront, and live shopping's potential to drive engagement and sales. Plus, Jordan West will provide expert tips on agency fee structures to ensure your partnership aligns with profitability and growth strategies.Listen and learn in this episode!Key takeaways from this episode:Increase in Marketing Budgets: Brands are now spending more on marketing despite initial hesitations. This reflects growing confidence in marketing investments, particularly noticeable after the seasonal summer lull.Value of Agencies: Agencies provide a broader view of industry trends because of their access to data from multiple brands, as opposed to brands relying solely on their own data points. This makes agencies valuable for insights and strategic decisions.App Spending: Brands focus app spending on potential ROI rather than having a fixed budget, making it part of the marketing investment rather than a hard cost.Reactive Financial Practices in E-commerce: Many e-commerce business owners lack formal business education and tend to be more reactive in financial decision-making.Fractional CFOs: They can sometimes scrutinize agency value without understanding the significance of the services provided, leading to potential misjudgments in strategic decisions.Agency Relationships: Good communication and overcoming pride are important to maintain beneficial relationships between brands and agencies.Social Commerce Trends: Platforms like TikTok and live shopping are becoming essential for modern brand visibility and engagement strategies.Shift in Ecommerce Sentiment: There is an optimistic shift in sentiment for 2024 compared to a challenging 2023, with brands feeling more prepared for events like Black Friday and Cyber Monday.Agency vs. In-house Staffing: Agencies are preferred over in-house hires due to their shared industry knowledge and expertise, though brands are becoming more selective about agency fees.Today's Guest: Raul Galera, who is connected with Referral Candy, a platform specializing in enhancing referral marketing strategies for e-commerce brands. As an expert in the e-commerce landscape, Raul Galera shares insightful perspectives on marketing trends, the evolving role of agencies, and consumer behaviors, particularly focusing on how agencies can provide comprehensive industry insights. Recommended Apps/Tools:Referral Candy: https://www.referralcandy.com/ Growth Plan: www.upgrowthcommerce.com/growMillion Dollar Offers: In this episode's sponsor is Revenued - is a financial technology company that provides businesses with revenue-based financing solutions. Instead of relying on credit scores or collateral, Revenued offers funding based on a company's revenue. This allows businesses to access capital quickly and repay it as they generate income. Learn more here: Revenued
In this episode of Let's Talk Marketing with NDUB, Nathan Webster speaks with Raul Galera from Referral Candy about the current state of e-commerce, focusing on insights from agency owners. They discuss the challenges faced in 2023, the impact of COVID-19 on consumer behavior, and the importance of referral programs for sustainable growth. The conversation highlights the optimism among agency owners despite price sensitivity and budget constraints, emphasizing the evolving landscape of e-commerce. Raul's Info: https://www.referralcandy.com/eaci https://www.linkedin.com/in/raulgalera/ https://x.com/raulgalerad Watch the full podcast on YouTube. NDUB Brand | NW & Associates, LLC | Conference: https://letsconnectpnw.com/
Get Noticed! Send a text.Are you struggling to navigate the ever-changing e-commerce landscape? Raul Galera, growth manager at Referral Candy, introduces a groundbreaking solution: the E-commerce Agency Confidence Index. This comprehensive global report offers invaluable insights into industry trends, marketing budgets, and agency-client relationships. Discover why e-commerce apps are proving resilient, how agencies are adapting their pricing strategies, and the shift towards long-term marketing approaches like SEO and content creation. Galera reveals fascinating correlations between world events and online sales, emphasising the need for diversified marketing strategies. Learn how minor website optimisations can dramatically boost conversion rates and why personalisation is becoming increasingly crucial. Whether you're an agency owner or brand manager, this index provides a wealth of data to inform your decision-making and stay ahead in the competitive e-commerce world.Book recommendation: "The Tipping Point" by Malcolm GladwellFree - Quizzes, Calculators And FormsOutGrow - Quizzes, Calculators And Forms - over 21 industry vertical templates.Designrr.io Creates eBooks & LeadmagnetsTransform content into eBooks, Show Notes, Dynamic Flipbooks, Transcripts, PDFs and Web pages.Kajabi Course Platform Kickstarter!Get the foundations you need to start your online business On Kajabi For $69/mo. Turn text to video, in minutes.Create studio-quality videos with AI avatars and voiceovers in 130+ languages. Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showIf you could ask 500 entrepreneurs a question about how they got noticed,Would you have one?That's right. You can ask a question and we can give you a summary of the thoughts of all of my guests on that topic, direct quotes, and links to where they gave comment.Check amazing new resource at: https://theunnoticed.horsy.ai/You may even think that it's worth making a contribution to Support the show here.
SummaryIn this episode of Talk Commerce, Brent Peterson interviews Raul Galera, the Partnerships Lead at Referral Candy. They discuss various topics related to e-commerce, including the use of AI in content generation, the challenges of rising ad costs, the importance of organic SEO and customer needs vs. wants, the upcoming Black Friday and Cyber Monday sales events, and the value of partnerships in e-commerce. Raul emphasizes the need for brands to have a clear post-purchase path for customers and highlights the benefits of co-selling and influencer marketing partnerships. He also plugs Referral Candy as a tool for brands to run referral programs and reward customer loyalty.TakeawaysAI is primarily being used in e-commerce for content generation, such as writing product descriptions and landing page content.The rise in ad costs is a major challenge for e-commerce brands, leading them to seek alternative customer acquisition methods.Organic SEO is an important channel for brands to target customers with high intent and retain them.Black Friday and Cyber Monday sales events are expected to be less discount-driven this year, with brands focusing on retaining customers and offering targeted deals.Partnerships, both in co-selling and influencer marketing, can be mutually beneficial for brands and help them reach new customers and increase sales.Referral programs are an effective way for brands to turn their customer base into their sales team and reward customer loyalty.
Do you want to know how you can use the power of word of mouth to grow your online business? In this video, we have as a guest Raul Galera, Association Leader at ReferralCandy, a platform that helps create and manage referral programs for your online store. Raul will tell us how you can take advantage of the references of your satisfied customers to attract new buyers and retain existing ones. In addition, he will give us some tips and examples of brand positioning strategies that will help you differentiate yourself from the competition and create value for your audience.#ecomcy #Amazon #amazonfba #amazonseller #amazonbusiness #amazonfbaseller #amazonppc #amazonadvertising #amazonsellercentral #amazonppctips #amazonprivatelabel #amazonselling #amazonseoe
With businesses nowadays, especially eCommerce, where the cost base is constantly increasing to reach out and acquire new customers, more particularly on ads, it's definitely a big relief to discover a new marketing channel that you own without having to depend on a third-party platform. In this episode, Raul Galera, Partnership and Business Development Lead of ReferralCandy, shares how referral marketing, and ReferralCandy, can help entrepreneurs and start-ups leverage their revenue and customer base without having to grow their cost base.Raul also shares in this episode how ReferralCandy works - how easy it is to set up, what can be integrated with it and the smooth interface and transitions of it, and the benefits of referral marketing. He also shares how entrepreneurs can take advantage of this without having to massively grow their spending to reach and acquire new customers and cited a case study on one of their customers. And lastly, he shares how ReferralCandy gets noticed.Post-production, transcript and show notes by XCD Virtual AssistantsGet Otter with 1-month FREE Pro LiteGenerate rich notes for meetings, interviews, lectures, and other important voice conversations.Prowly - the media relations platformProwly has everything you need to get your PR work done.Descript is what I use to edit the show.All-in-one audio & video editing, as easy as a doc.Social listening - google alert killer!Generate leads and market your product using social listening Support the show
With businesses nowadays, especially eCommerce, where the cost base is constantly increasing to reach out and acquire new customers, more particularly on ads, it's definitely a big relief to discover a new marketing channel that you own without having to depend on a third-party platform. In this episode, Raul Galera, Partnership and Business Development Lead of ReferralCandy, shares how referral marketing, and ReferralCandy, can help entrepreneurs and start-ups leverage their revenue and customer base without having to grow their cost base.Raul also shares in this episode how ReferralCandy works - how easy it is to set up, what can be integrated with it and the smooth interface and transitions of it, and the benefits of referral marketing. He also shares how entrepreneurs can take advantage of this without having to massively grow their spending to reach and acquire new customers and cited a case study on one of their customers. And lastly, he shares how ReferralCandy gets noticed.Post-production, transcript and show notes by XCD Virtual AssistantsGet Otter with 1-month FREE Pro LiteGenerate rich notes for meetings, interviews, lectures, and other important voice conversations.Prowly - the media relations platformProwly has everything you need to get your PR work done.Descript is what I use to edit the show.All-in-one audio & video editing, as easy as a doc.Social listening - google alert killer!Generate leads and market your product using social listening Support the show
A SEAT at THE TABLE: Leadership, Innovation & Vision for a New Era
Referrals are an often overlooked way to grow your business. Many see it as ‘old school'. ‘Word of mouth' has been a time tested way to grow sales and connect with new customers - but in a competitive market, companies need more proactive marketing in order to survive.Now there's a new easy to implement, low cost marketing opportunity back by technology that can help both DTC and B2B brands growth their sales - especially as customer acquisitions costs have risen by an estimated 60% over the past 5 years.Today I'm talking with Raul Galera, Chief Advocate at ReferralCandy, an app that allows eCommerce brands to set up and run customer referral programs.Raul has helped over 30,000 brands leverage the power of word-of-mouth and turn their customer base into their marketing team.In this episode of A Seat at The Table, Raul talks about:1. How referral marketing has evolved over the past decade.2. The difference between word of mouth and referral marketing.3. How to leverage community marketing to grow your sales.4. 3 key strategies to introduce a successful referral program to customers.USEFUL LINKSConnect with Raul Galera: https://www.linkedin.com/in/raulgalera/Referral Candy website: referralcandy.comFacebook Page: https://facebook.com/referralcandyTwitter Handle: @referralcandyLearn about The Current Situation in Sourcing: https://thecurrentsituation.netA Seat at The Table website: https://seat.fm
Hey everyone, and welcome back to Eggs! This week's special guest is none other than Raul Galera, Chief Advocate at ReferralCandy. ReferralCandy is a referral program management tool that, since its launch, has amassed more than 30,000 paying users generating more than $10M in annual revenue. What's cooler than that? Among those 30,000 users, they have paid out more than $300M in referral commissions!Referrals are the key marketing tool for a lot of businesses, and for many of us, we simply don't know where to begin. For that reason, Raul joins us today for a primer on referral programs, what they are and how to implement them. How to grow revenue and scale a product launch with referrals. How to get started with a referral program if you are new and don't already have a built-in audience, and so much more. Please join us in welcoming Raul to the show.Our Guest:Raúl GaleraChief advocate at Referral CandyOfficial website: https://www.referralcandy.com/LinkedIn: https://www.linkedin.com/in/raulgalera/----Credits:Hosted by Michael Smith and Ryan RoghaarTheme music: "Perfect Day" by OPMThe Carton:https://medium.com/the-carton-by-eggsThe Eggs Podcast Spotify playlist:bit.ly/eggstunesThe Plugs:The Showeggscast.com@eggshow on twitter and instagramOn iTunes: itun.es/i6dX3pCOn Stitcher: bit.ly/eggs_on_stitcherAlso available on Google Play Music!Mike "DJ Ontic" shows and infodjontic.com@djontic on twitterRyan Roghaarhttp://rogha.ar
Grow your sales by word-of-mouth marketing with Raul Galera from Referral Candy In this week's podcast, Trevor talks to Raul Galera about how to set up a successful online referral scheme. What is an eCommerce referral scheme? If your service is good, word-of-mouth marketing will already be happening for your store. A referral scheme encourages this behaviour by incentivising your customer to sell your brand to their friends. An existing customer will click on a link, send a referral code to their friends, and receive something, e.g. discount on a future purchase, a gift or a payment. How do eCommerce referral schemes work? Raul recommends the following steps to launch a successful referral scheme: Invite past customers Create automation to invite customers automatically after purchase. This could be a popup or an email Make your programme public. Advertise it on your site by displaying it prominently and creating a sign-up form What is the difference between affiliate marketing and referral marketing? There are two main difference between affiliate and referral marketing Relationships. In an affiliate programme, publishers will have a large audience to which they promote affiliates. This is a one-to-many relationship where the publisher does not know the person to which they are promoting. Referrals happen with a close circle, e.g. friends and family. Being more personal, these recommendations have a lot more power. Rewards. Affiliate programmes typically give most of the reward to the referral. The buyer may not get a discount. Referral programmes typically give a similar reward to both parties. What makes a good referral scheme? The best referral schemes reward both the referrer and the new customers. This incentivises the referrer to work hard on your behalf and the new customer to buy. What kind of verticals does referral marketing work best for? Referral schemes work well across many verticals but work especially well for direct-to-consumer brands as they are trying to build a community. Also, products which have a sharable component, e.g. fashion, technology. How to run a referral scheme? The steps to run a referral scheme are: Platform. You will need a platform to track referral sales, e.g. Referral Candy Design referral structure. Look at customer behaviour and think about what will incentivise them. Promotion plan. Think about how you are going to promote your plan. Just telling people once is not enough. You need to be reminding your customers regularly. Build a community around your customer base. In the long run, this will be hugely beneficial to your brand. How to measure success? Referral Candy uses a metric (referral rate) which is the ratio of referral order to the total number of sales. A good referral scheme should generate at least 2% of a company's revenue, with some companies generating 10% or even 33%. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ecommerce-odyssey-podcast/message
** Are you a Martech Enthusiast? Subscribe to our 2-weekly newsletter at clubmartech.com ** In this episode, Elias has a chat with Raúl Galera, Chief Advocate at Referral Candy. We discuss implementing successful referral programs. Topics we discuss: Which referral programs work and which not How to promote referral programs How to measure results Best practices LinkedIn Raúl: https://www.linkedin.com/in/raulgalera/ Website Referral Candy: https://www.referralcandy.com/ The Marketing Technology Podcast is brought to you by Marketing Guys, the #1 Martech agency in Europe. If you want to be on this podcast or would like to know more about Marketing Technology, visit our website at marketingguys.com or contact Elias Crum at e.crum@marketingguys.nl
New guest to the show! Raul Galera is the Chief Advocate at ReferralCandy, the #1 referral program platform. Since its launch in 2009, they have over 30,000 paying users with over $10M in annual revenue. Referrals are the key for a lot of businesses. Host: Nathan A Webster LinkedIn: https://www.linkedin.com/in/nathanawebster/ Instagram: https://www.instagram.com/ndubnassociates/ Twitter: https://twitter.com/nathanawebster Website: https://ndubbrand.com Services: https://ndubbrand.com/our-services/ Download and subscribe on Audible, Google, iHeartRadio, iTunes, Soundcloud, and Stitcher. Please rate, review and share!
64% of marketers believe that word-of-mouth is still the most effective form of marketing. Nothing can beat a client's trust in a friend rather than traditional media. In this case, referral marketing comes from word-of-mouth marketing, which is probably the oldest form of advertising that exists. Referral marketing is a blend of organic content, community marketing, and influencer marketing. Word-of-mouth is a powerful channel for both successful global names as well as new, niche brands. Referral marketing blends perfectly with brands that have a clear customer-centric approach, making it affordable for companies of any size to attract new customers while retaining existing ones. However, most organizations are not utilizing this form of marketing enough nor realize how powerful it can be. At the end of the day, whether you are a B2B organization or a B2C organization, we are all humans, and it all comes down to psychology and understanding what drives your customers. So, in this episode, Raul Galera shares how you can build the best B2B referral program for your business and get more clients.
Welcome to Episode 418 of the Yeukai Business Show. In this episode, Raul Galera discusses what other companies are doing to turn their referral programs into a tool to acquire new customers while retaining existing ones. So, if you want to know more about what other companies are doing to turn their referral programs into a tool to acquire new customers, tune in now! In this episode, you'll discover: How to help online stores create and run customer referral programs on autopilot.How to select the reward structure they'd like to provide to their customers and their friendsHow to ask for referrals the right way. About Raul Galera Raúl is the Chief Advocate at ReferralCandy, an app that allows eCommerce brands to set up and run customer referral programs. ReferralCandy is the leading platform in terms of referral marketing for eCommerce brands. Founded over 10 years ago, ReferralCandy has helped over 30,000 brands leverage the power of word-of-mouth and turn their customer base into their marketing team. Raúl has been leading ReferralCandy's partnership efforts for the past five years, working alongside marketing agencies, media, and tech companies. More Information Learn more about referral programs at https://www.referralcandy.com/ Facebook Twitter Thanks for Tuning In! Thanks so much for being with us this week. Have some feedback you'd like to share? Please leave a note in the comments section below! If you enjoyed this episode on what companies Do to turn referral programs into a tool to acquire new customers, please share it with your friends by using the social media buttons you see at the bottom of the post. Don't forget to subscribe to the show on iTunes to get automatic episode updates for our "Yeukai Business Show !" And, finally, please take a minute to leave us an honest review and rating on iTunes. They really help us out when it comes to the ranking of the show and I make it a point to read every single one of the reviews we get. Please leave a review right now Thanks for listening!
Welcome to Not Another Marketing Podcast where I'm talking to Raúl Galera the Chief Advocate at Referral Candy, an app that allows you to set up and run customer referral programs so we're talking referral marketing.
Referral marketing kind of fits into the world of word of mouth marketing where we nurture happy clients and in turn they tell other folks about us and get some sort of reward. It's a strategy that can work well.In this episode I'm talking to Raúl Galera the Chief Advocate at ReferralCandy, an app that allows you to set up and run customer referral programs so we're talking about all the why's and how's of building it into your marketing mix.You can find Raul on LinkedIn and Referral Candy on their website and also on Facebook and Twitter.Can I quickly mention is that NAMP is totally ad free and I'd love it if you could give the pod a quick shout on social media and subscribe via your podcast app.Check out more episodes at jtid.co.uk/podcastsCan I also invite you to join my Facebook marketing group for news, tips & networking. Its called Not Another Facebook Marketing Group. Love to see you there.
This episode features guest Raul Galera, the Chief Advocate at ReferralCandy, the #1 referral program platform online. Raul discusses how Referral Candy has powered over $300M in referral sales for their clients and how their clients harness the power of referrals to grow their eCommerce businesses. Listen as Raul describes the differences between referrals and affiliates and why a referral program is a powerful way to grow your business using the existing goodwill of your customer base. Referrals are likely already happening in your business listen to discover if now is the time to add an official referral program to your business. The challenge with referral programs and what you actions to take to make your referral program a success. In addition, this episode discusses what sets Referral Candy apart from the competition and how you can use their services for those who are serious about creating consistent revenue. Episode Action Items: For a referral program that runs itself, visit https://www.referralcandy.com and signup for a free 30-day trial or email Raul at raulg@referralcandy.com. ABOUT THE HOST: Andy Splichal, who was recently named to the Best of Los Angeles Awards' Fascinating 100 List, is the founder and managing partner of True Online Presence, author of the Make Each Click Count book series and Founder of Make Each Click Count University found at https://www.makeeachclickcountuniversity.com (https://www.makeeachclickcountuniversity.com). He is a certified online marketing strategist with twenty plus years of experience and counting helping companies increase their online presence and profitable revenues. To find more information on Andy Splichal visit https://www.trueonlinepresence.com (https://www.trueonlinepresence.com), read the full story on his blog at blog.trueonlinepresence.com or shop his books on Amazon or at https://www.makeeachclickcount.com (https://www.makeeachclickcount.com). New episodes of the Make Each Click Count Podcast, are released each Friday and can be found on Apple Podcast, Spotify, Google Podcast, Apple Podcast and on Make Each Click Count at https://podcast.makeeachclickcount.com (https://podcast.makeeachclickcount.com).
This time on Delivering #MarketingJoy Kirby Hasseman talks with Raul Galera about Referral marketing, how it's evolved, and how to ramp it up for your organization!
Do you want to learn how to grow your business using referrals? Watch this interview with Raul Galera of ReferralCandy, where we'll discuss: – How has referral marketing evolved over the past decade? – What's the difference between word of mouth and referral marketing? – For upcoming brands: When is it the right time to start a referral program? Topics discussed: 00:00 Meet Raúl Galera 05:15 About Referral Candy 07:07 The importance of partnerships for growing Referral Candy 07:41 How referral marketing has evolved over the past decade 12:39 The difference between word of mouth and referral marketing 15:30 Why referral programs fail 19:44 The best incentives for referral programs 21:00 How exactly should you structure the incentives 24:30 The right time to start a referral program 28:00 4 steps for setting up a referral program 31:50 Using partnerships & influencer marketing to launch and promote referral programs 34:40 How to measure the ROI of your referral program 38:20 Why & How Referral Candy uses case studies 43:35 Referral Candy's content marketing strategy 46:33 The importance of community for brand building 47:30 Referral Candy's 10K Small Business Growth Grant 53:37 Three online eCommerce communities that Raul recommends 56:45 One thing that Raul does for mental health About Raul Galera: Raúl Galera is the Chief Advocate at ReferralCandy, an app that allows ecommerce brands to set up and run customer referral programs. Raul currently leads ReferralCandy's partnership efforts, working alongside agencies, media and tech companies. Referral marketing is a blend of organic content, community marketing and influencer marketing. Word-of-mouth is a powerful channel for both successful global names as well as new, niche brands. Resources Mentioned: ReferralCandy's website Referral Candy's 10K Small Business Growth Grant (apply before March 1, 2022) Thinking About Starting a Referral Program? Start Here ReferralCandy's case studies DTC Fam community for e-Commerce Partner League website Shopify Partners Slack The Bonfire of the Vanities by Tom Wolfe Dark Matter: A Novel by Blake Crouch Connect with me: - Join the Authentic Influence community: https://www.simplecreativemarketing.com/community/ - Subscribe to my newsletter: https://anferneec.com/newsletter - Grab my free case study guide: http://simplecreativemarketing.com/caseStudyGuide - Want free coaching? Submit your question: https://anchor.fm/authenticinfluence/message #authenticinfluence #b2b #podcast --- Send in a voice message: https://anchor.fm/authenticinfluence/message
Join Shalom Klein on his weekly radio show, Get Down To Business with guests: Brian Weaver Raul Galera Jackie Reses & Lauren Weinberg
En este episodio traigo un tema vital para cualquier ecommerce o negocio exitoso y es el de generar y potenciar el famoso y antiguo boca a boca, hoy en día conocido como el Marketing de Referidos. Para esto traigo a un invitado internacional, Raul Galera, español y encargado de alianzas para latinoamerica de la gran empresa Referral Candy, plataforma pionera en la automatización de programas de referidos para ecommerce, no solamente en Shopify sino en otras plataformas importantes como Magento, Woocommerce, entre otras. El episodio es un masterclass completo sobre esta pieza tan fundamental en el crecimiento de cualquier negocio digital y offline, pero en este caso particular, el Ecommerce potenciado con herramientas como Referral Candy, lo convierten en un arma de marketing extremadamente letal. Si quieres probar Referral Candy en tu tienda, ingresa en este enlace: http://refcandy.refr.cc/tasky1 Conoce más sobre Raúl en LinkedIn: https://www.linkedin.com/in/raulgalera/ ¿Quieres explorar la posibilidad de trabajar tu proyecto con nosotros? https://simplify.agency/contacto ¿Ya tienes una tienda en Shopify y necesitas ayuda con el Marketing para vender y crecer? https://simplify.agency/contacto ¿Ya tienes una tienda en Shopify y necesitas ayuda con tareas técnicas? Prueba Tasky https://www.somostasky.com ¿Quieres probar Shopify por ti mismo? Empieza aquí: https://cutt.ly/Shopify_ ¿Quieres probar Klaviyo por ti mismo? Empieza aquí: https://cutt.ly/Klaviyo Por favor dale una calificación a mi podcast: https://ratethispodcast.com/ecommercesimplificado Si te gustaría estar en contacto conmigo, búscame en linkedin como Elias Manopla o instagram como @eliasmanopla
En este episodio traigo un tema vital para cualquier ecommerce o negocio exitoso y es el de generar y potenciar el famoso y antiguo boca a boca, hoy en día conocido como el Marketing de Referidos. Para esto traigo a un invitado internacional, Raul Galera, español y encargado de alianzas para latinoamerica de la gran empresa Referral Candy, plataforma pionera en la automatización de programas de referidos para ecommerce, no solamente en Shopify sino en otras plataformas importantes como Magento, Woocommerce, entre otras. El episodio es un masterclass completo sobre esta pieza tan fundamental en el crecimiento de cualquier negocio digital y offline, pero en este caso particular, el Ecommerce potenciado con herramientas como Referral Candy, lo convierten en un arma de marketing extremadamente letal. Si quieres probar Referral Candy en tu tienda, ingresa en este enlace: http://refcandy.refr.cc/tasky1 Conoce más sobre Raúl en LinkedIn: https://www.linkedin.com/in/raulgalera/ ¿Quieres explorar la posibilidad de trabajar tu proyecto con nosotros? https://simplify.agency/contacto ¿Ya tienes una tienda en Shopify y necesitas ayuda con el Marketing para vender y crecer? https://simplify.agency/contacto ¿Ya tienes una tienda en Shopify y necesitas ayuda con tareas técnicas? Prueba Tasky https://www.somostasky.com ¿Quieres probar Shopify por ti mismo? Empieza aquí: https://cutt.ly/Shopify_ ¿Quieres probar Klaviyo por ti mismo? Empieza aquí: https://cutt.ly/Klaviyo Por favor dale una calificación a mi podcast: https://ratethispodcast.com/ecommercesimplificado Si te gustaría estar en contacto conmigo, búscame en linkedin como Elias Manopla o instagram como @eliasmanopla
Cart Overflow: Where eCommerce Marketing Playbooks Are Written & Shared
Connect with Raul on Linked In: https://www.linkedin.com/in/raulgalera/Referral Candy Website: https://www.referralcandy.com/
Raul Galera joins the Wavebreak Podcast to share everything you need to know about referral marketing in 2022.In this episode you'll learn:The surprising results you can expect from a proper referral program.How to start diversifying your marketing mix by asking for referrals (the right way).The tools, tricks, and tips behind launching a primed referral marketing program in 2022.Raul Galera is Chief Advocate at ReferralCandy, a referral program that runs itself.Join Our Private Email ListOur industry-leading DTC newsletter is trusted by ecommerce and marketing leaders at top brands like Goop, Skims, Cartier, Walmart, and thousands more.Click here to sign up ->Links MentionedReferralCandyLearn more about Wavebreak: the email & CRM agency for high-growth DTC brandsSponsored by KlaviyoKlaviyo — Over 265,000 innovative brands are growing their businesses by listening and understanding to cues from their customers--easily turning that information into valuable marketing messages used to build highly segmented, automated email & SMS campaigns, such as win back campaigns or abandoned cart recovery and more.Okendo — The new standard in customer reviews for high-growth Shopify brands. Okendo is helping over 4,000 of the fastest-growing Shopify retailers such as Kim Kardashian's underwear label- SKIMS, Nomad, and Buck Mason to leverage their most powerful asset; their customers. They offer super affordable monthly subscriptions starting at $29. Visit Okendo.io to learn more.
Raul is the Chief Advocate at ReferralCandy.ReferralCandy gets you more customers by incentivizing referrals. Think of it as word-of-mouth marketing on steroidsTopics Covered: -What's the difference between word of mouth and referral marketing? -How to incentivize your customers to share your product with their friends and family -What to expect from your referral program? -Common mistakes store owners should avoid when launching their referral program -How Referral candy works And much more.. Special offer for our podcast listeners: http://try.referralcandy.com/podcast Follow Referral candy:@referralcandy (IG and twitter) https://www.referralcandy.com/ **Check out the EcomXFactor Youtube Channel:https://tinyurl.com/EcomXFactor-YT Check out the EcomXFactor Facebook group:https://www.facebook.com/groups/EcomXFactor * If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes?It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get gu
In this episode, I talk with Raul Galera, Chief Advocate at ReferralCandy.com, about how word-of-mouth and referral marketing can help you acquire and retain customersOn the Show Today You'll Learn:What is Word of Mouth Marketing.How Referal Marketing works in the online world.How to motivate your customer to refer friends.Why referral marketing creates a win-win-win situation.How to prevent fraud in referral marketingand moreSubscribe & Listen Everywhere:Listen On: clauslauter.com | iTunes | Spotify | Amazon Music/Audible | Stitcher | Deezer | Google PodcastPlease support the podcast by giving an honest Rating/Review for the show on iTunes!Share the podcast with your family, friends, and co-workers.Tag the podcast on Instagram @clauslauter and let me know what you like about it.If you like the content and would like to support the podcast, you can buy me a coffee here._______________
“Recommendations happen on a daily basis. It is a natural part of our lives.”In this episode, Raul Galera, Partnerships Manager and Chief Advocate of Referral Candy talks about driving extra business in Shopify brands through referrals. He shares some tips on how to effectively implement referral marketing in your E-comm business.Listen up and take some notes.KEY TAKEAWAYS FROM THIS EPISODERecommendations happen on a daily basis. Referral marketing is just a way of amplifying something that happens naturally.In a referral program, you are not just incentivizing customers to promote your brand but also to make them come back for more.Make sure that your customers are being reminded about your referral program.Set up anti-fraud systems to flag potential fraud purchases.Referral marketing comes naturally, if you have a good product, then it is the natural next step.The more customers that you add to the referral program, the shorter amount of time that it takes for your program to take off.Recommended App: AVOMAhttps://www.avoma.comToday's Guest:Raul Galera is partnerships manager and Chief Advocate at ReferralCandy.ReferralCandy is a referral marketing tool that gets businesses more customers by incentivizing referrals. They have been running referral marketing campaigns since 2010.Connect and learn more about Raul and Referral Candy here:Website: https://www.referralcandy.comLinkedin: https://www.linkedin.com/in/raulgalera/Email: raulg@referralcandy.comWe love our podcast community and listeners so much that we have decided to offer a free eCommerce Growth Plan for your brand! To learn more and how we can help, click here:https://mindfulmarketing.co/growthplan-applyIf you've been paying attention and your brand is ready to GROW, apply now to be the one new brand we take on this month!https://mindfulmarketing.co/apply
In this episode, Raul Galera joins us to discuss marketing and referrals. Your front line employees are the face of your organization People want to share recommendations with friends and family to be helpful Start with your customer in mind and a clear post-purchase path If you recommend a product or service you are putting your name on the line Referral and affiliate marketing can help you reduce your customer acquisition costs It's time for the great service comeback! Tony Johnson is a Customer Experience Expert, Keynote Speaker, and Author with a wide background including decades in retail and restaurants. He regularly speaks and coaches organizations to IGNITE THEIR SERVICE using his common sense approach to Customer engagement. Tony has spoken to government agencies and Fortune 500 companies to unlock their amazing capacity for excellence. Tony Johnson Customer Service Expert | Author | Trainer | Speaker Check out my FREE Resources and Training Tools: Web: https://www.igniteyourservice.com/ YouTube: https://www.youtube.com/c/RecipeforserviceNet Twitter: https://twitter.com/ServiceRecipe Instagram: https://www.instagram.com/recipeforservice/ Tik Tok: https://vm.tiktok.com/owrTbL/ Facebook: https://www.facebook.com/tonyjohnsoncx/ Music: http://www.bensound.com
Raul Galera is the Chief Advocate at ReferralCandy, an app that helps eCommerce stores run customer referral programs, boosting their customer retention and word-of-mouth sales. In this interview, we talk to Raul about referral marketing, affiliate marketing, and influencer marketing. How businesses can get started with their referral marketing journey and dig deeper into ReferralCandy's success. How Referralcandy is different from other marketing platforms What are some key points to remember while launching a new referral program? How their customers use ReferralCandy for their influencer marketing campaigns Key differences between referral marketing and affiliate marketing How countries are working in the cybersecurity field How to weave your brand's community in the big web of community marketing
It seems like everyone has a story about someone they know who has made it big because of word-of-mouth. But when you look closer, what actually happened was that there was some form of incentive involved at one point or another. Join in the conversation as Matt and Raul Galera discuss the reasons why incentives are so important for both the referrer and the referee and how we can make referrals work for our businesses. Raul is the Chief Advocate at ReferralCandy, an app that allows ecommerce brands to set up and run customer referral programs. Connect with Raul Galera Email Links to other platforms where this podcast is available Apple Podcasts Stitcher Spotify
You'll generate word of mouth if you have a good product and provide a good customer experience. In this Expert Insight Interview, we welcome Raúl Galera, the Chief Advocate at Referral Candy.
The ABM Conversations Podcast - for B2B marketing professionals
In this episode, Raul Galera, the Chief Advocate at ReferralCandy, joins us to discuss how you can leverage referrals and partnerships the right way for customer acquisition. Raul has been leading ReferralCandy's partnership efforts for the past five years, working alongside marketing agencies, media and tech companies. He throws light on: --> How loyalty and referrals improve customer acquisition and retention --> The right time or stage to adopt a referral system --> The set of things you need to do, to be partnership ready --> Steps to setting up a referral program and staying on top of customer's minds --> Mistakes to avoid in your partnership and referral programs, and a lot more...
How do top e-commerce companies leverage customer referrals to increase sales by 20% or more? This week on the Inbound Success podcast, ReferralCandy Chief Advocate Raul Galera breaks down the best practices behind top performing customer referral programs. From when to launch a program, to how to ask for referrals, and how to reward customers who make them, Raul gets into the details that you'll need to design, build, launch and execute your own successful referral program. And he includes specific examples of companies that are doing it right now. Check out the full episode to get the details. (Transcript has been edited for clarity.) Resources from this episode: Check out the ReferralCandy website Email Raul at raulg@referralcandy.com Transcript Kathleen (00:00): Welcome back to the inbound success podcast. I am your host, Kathleen Booth. And this week, my guest is Raul Galera who is the chief advocate for ReferralCandy. Welcome to the podcast Raul. Raul (00:27): Thanks for having me. Kathleen (00:28): Yeah, this is a great topic. Selfishly, I'm working on developing a customer referral program right now for my business. And so I am excited to pick your brain and I'm sure there are others listening as well, who want to learn about this before we dig into it. Can you talk a little bit about yourself and your story and how you came to be doing what you're doing now with ReferralCandy and then also what ReferralCandy is? Raul (00:51): Yeah, absolutely. So actually the reason why I found ReferallCandy, it's kind of related to, to remote work which is a pretty kind of hot topic these days. So just to give you like the short version. So after I finished college, I started working remotely for a consulting firm from Spain, that consulting firm was based in, in Poland, which is where I had studied abroad a few years before that. And after working remotely for a few years, I wanted to work from an office and I also wanted to, to move abroad. So I moved from Spain to Chile and I worked for a startup company in, in San Diego for a couple of years. And then after that, I, I made a couple of decisions. The first one was that I wanted to work for a software company. Raul (01:37): I wanted to sell software. It was something I wanted to learn about. And I also wanted to work remotely again. So after my, my office experience, I had decided that yeah, remote work was a better, better fit for me. And it's like I was looking for a remote sales jobs and, and I, I came across ReferralCandy on Angel List. I think it was they had a kind of like a remote friendly sales position. And so instead of applying directly through Angel List, I decided to email the CEO directly and tell him why I thought it was a, I was a good fit for, for the company. And he replied to the email, we had a couple of interviews and I guess the rest is history. Kathleen (02:18): I love that story. I love that you reached out directly to him. I just think so few people do that. Everybody is kind of used to like hitting the submit button on LinkedIn or whatever. And it definitely makes a difference too, to go that extra mile. And I feel like the rest of the world is now starting to catch up with you with these remote positions. I, I also have worked remotely for some time and love it. But that's been interesting to me to see what COVID has done in terms of the perceptions of workplaces and, and, and people who run companies and, and their appetite for allowing remote work. It seems like it's really grown, which is I think a very good thing. Raul (02:54): Yeah. I mean, I remember a few years ago I had to I mean, I've felt kind of weird explaining that I was working from my living room or my home office instead of from an office. And I would always get these like, weird looks about it, but where, where were you based? And where's the company based and, you know, like you're working from an office, you know, that's yeah, I'm kind of happy that that's how it could have more natural these days and worlds. Kathleen (03:16): Yeah. There was a time when you had to hide the fact that you were at home and I would be really embarrassed if my dogs barked, which you might hear my dogs bark in this interview because I am still at home and I have two dogs and they bark, but no, it is, it is a good thing for all of us. So, so talk a little bit about ReferralCandy. What is, what, what is that? Raul (03:35): ReferralCandy is an app that allows e-commerce brands to set up and run customer referral programs. So we, as a company we started working in, in 2010. I joined the company in 2016 and from, from day one with I mean, we've, we've pretty much grown alongside the e-commerce world. We were one of the first referral marketing partners for, for Shopify. And so we kind of like experienced growth as a company alongside all these like big, you know e-commerce platforms like Shopify, Big Commerce, WooCommerce, Magento, et cetera. And so basically what we do is that we allow brands to run these referral programs on autopilot in the way that we do this is by inviting customers to automatically join the, the referral program, the referral program, by giving them a unique referral link. Raul (04:25): They can share these referral links with their friends on social media, on texts or whatever it is. The friend clicks on the link. And then from that moment on whenever they finish the purchase we're able to track the whole referral process from the moment that they clicked on the link until they completed the purchase. And we send the rewards to the customer that made the recommendation in the first place. So it's all so automated whether it's a coupon payout or, or an actual cash payout, we automate the reward process on our end. So the merchants don't really have to worry about that. Kathleen (04:58): So customer referral programs, let's talk about this because I do feel like, you know, you guys are doing it particularly for e-commerce, it sounds like, but I would imagine that there are certain fundamental elements of customer full programs that apply to all companies. And so I guess I feel like everybody out there knows that customer referrals are a great way to get new business. Right? You have your, your happiest customers kind of talking about you, almost selling, selling for you, but I think the stumbling block that everybody runs into is how to ask for the referral. And, and so maybe you could address that, like who to ask and how to ask and when to ask Raul (05:41): Those are all really good questions. I would say so, and I honestly, I have different answers or like I have different sets of answers for each one of them based on what I've seen. I don't think there's like one particular like rule of thumb that works for all businesses. They're all pretty different and the way their customers interact with, with these brands kind like make those interactions a little bit different in terms of when to ask and how to ask the, the main thing that in terms of how to ask I would say that there's, there's two main strategies on this. One of them is to kind of put the emphasis on what you as a customer are are going to get for every friend that you, that you were first. Raul (06:30): So kind of like putting the emphasis on, you know, refer a friend and you will get $10 in cash or refer a friend and you will get a $10 coupon on your next purchase. On the the other side, it's to put more emphasis on what you can give to your friends. So we've seen referral programs that have worked really well because they've been able to kind of tell customers, look, you're going to look really good in front of your friends, because they're going to be able to give them this really special coupon or this really special offer and both of them work. So it, I guess it really depends on, on maybe how word of mouth friendly your product is in the sense that if you're selling something, that's, that's going to spark a conversation. And you know, that your customers are naturally going to talk about your products, just, just because of the nature of it. Raul (07:19): Then you can put more emphasis on the friend reward because you know, that your customers are just naturally going to recommend you to their friends and family. But again both of them, both of them work, and I've seen both of them work in, in, in, in in, in different companies, in different industries. Now in terms of when to ask there's two main theories here. So the, the, the two of them are either ask your customers once you have their attention. So that could be like right after a purchase. So, you know, while, while the purchase still fresh, and they're still thinking about your brand because they just bought something from you it's going feel natural to get an email from the brand asking you to join the referral program. Cause you just became, you just became a customer. Raul (08:02): The other theory is to ask customers to join the referral program after they have received the product. So wait a few days, let him get your product and use it and then hit them with email that asks for a referral. Once again, both of them work, I've seen both of those strategies work, and I guess also depends on the nature of the, of the business. And then in terms of how to ask one particular, how, excuse me, one particular way of asking that I like it's one brands when brands are transparent in terms of why they're asking for a referral. There's one particular example that I, I always like to share. Whenever I get questions about how to ask for, for referrals since it's, it's a company that's called Baronfig and they actually, so they have a page on their website about the referral program. Raul (08:58): And one of the things that they say in, in this, they have to have kind of like a note from the team explaining why they have a referral program. And the reason that they give is that they want to they're rather spend money on their customers that on Facebook advertising or online advertising, like, you know, we, we, we know you love our product so much that we would just rather give the money to you instead of giving it to all these big corporations. You don't have to follow that particular example. You don't have to you know, like you make it either or, but showing your customers that, the fact that they're going to go out and spread the word about your brand, it's actually going to matter to you and it's going to matter to your business. I think that's really smart. And if you, and again, if you're, if you have honest marketing and your customers know that, that you care about them and you care about the products you're developing that way of kind of asking for other, for the referrals, it's going to come out very naturally. Kathleen (09:52): I love that example about the Facebook ads, because it's true. Like if you're spending a ton of money on Facebook ads, would you rather give the money to Facebook or would you rather give it to your customers? I know what my answer would be. What do you say to people who push back and say, well, we shouldn't have to pay our customers to refer us. I don't know. I've definitely heard people express opinions indicating that they feel like the transactional nature of that somehow cheapens the referral. Do you have any response to that? Raul (10:24): Yeah, I mean, I can, I can totally see that. And, and it's all, it's not really about it doesn't have to be a monetary transaction. You can there's, I mean, you can get creative and, and offered things that are going to their customers. Aren't going to appreciate without again, I can see that offering a coupon or offering cash can, you know, raise some eyebrows for some brands and say, Hey, maybe this is going to, to affect the way that we're positioning our brand. We we've seen that with a more kind of like luxury items or brands are they're in that type of business that there sometimes are a little you know, they kind of question the whole, the whole thing, but the reality is that at the end of the day, their customers are going to refer their friends and family anyway. Raul (11:08): And so, you know, why not, first of all tracking it. And then second, like if you can add something on top of that too, to do have them continue doing so then, you know, it's going to be a win-win for everybody. So, but again, it doesn't have to be doesn't have to be, I'm going to try to turn a section and you can offer a free product. You can offer some like free accessory or you can even like offer them a spot on a new release. If you're going to release a product in the next few months, and you want to have a closer to, to kind of like a VIP group, you can offer that instead. And again, also for, for the customer, if you don't want to offer a coupon, you can, you can offer an additional product or something that's not available. Raul (11:50): To, to, like I said to, to most people, you can maybe some sort of like a hidden product that's added to your cart if you make a purchase referred by, by an existing customer. So it's all, it's all a matter of making it a little bit special. And also you know, if, if your, if your customers your customers are going to be happy that they're sharing something, that's going to be useful for their friends anyway, which is it's honestly, the bottom line of, of referral programs is that referral programs at the end of the day, what they do is that they incentivize something that's already happened or happening organically, which is word of mouth. So if you can incentivize that even more than your customers are going have be able to add that little pitch at the end, after they sh they shunned the product, and they explained their friends and family, why the product is so good, they're going to be like, and by the way, if you buy using this link that you get a little, a little something, or we both get a little something. Raul (12:42): So, Kathleen (12:43): So when it comes to offering a coupon or a gift card, or some sort of monetary compensation, do you have any data that, that would point to how much that should be? Because I feel like, I feel like there has to be a sweet spot, right? Like too low, and it's not going to motivate the desired behavior too high, and it's going to be very expensive. And I don't know B it might just seem egregious, but yeah. What, what's your take on that? I mean, Raul (13:12): It really depends on the company and kind of like what they can offer just from looking at a, from a financial perspective, like, what are their margins and what are they able to offer? What I would do, what I would suggest is to make sure that it's kind of a unique offer. We have customers that are offering, let's say 10% to, to their, to their customers and their friends for every referral. But at the same time, that's what they're offering to anybody that signs up for the newsletter. So, you know what, when you, when you put it on the same level and you make it a referral, it takes a lot more effort than signing up for a newsletter. And so if you're given that incentive it might not seem too attractive to customers because they can get that discount. Raul (13:53): And by, by doing something else, that's honestly a lot, a lot easier to do. So what I would do is it's to yeah, like offer something, offer something that you're not already offering hopefully something a lot higher, make sure that it's also not clashing with other type of promotions that you might have in we, we noticed we had a, a client that we would notice that every weekend, their referral sales would go, we'll go down. And we couldn't really figure it out. Why, because the rest of the week, Monday through Friday, you would see kind of like normal sales and then they will drop in during the weekend, which w which was the opposite of what their customers were doing. Their customers were buying more from them over that weekend. W what was happening is that every weekend they had kinda like a a store sale with the same discount had a referral program. Raul (14:40): And so people were, were just rather use that coupon code and then offer them that using the one that they that we're getting from, from making referrals. So, you know, those little things, like, just making sure that you have kind of like a clear picture of what your, your coupon situation is, and then makes something a little bit more special at the end of the day, making a referral for the customer. It's not, it's not something that's going to happen automatically, just because they're sharing it on their social media, or just because they're sharing the referral link on a, on a, on a group chat doesn't mean that they're, their friends are going to make a purchase right away. So you need to reward them for that. Kathleen (15:13): That makes sense. So make your referral discount higher than the other discounts you're advertising. Can you talk a little bit about tracking, because you've mentioned a few things that point to that, and I imagine that's key to all of this, because if you're gonna, if you're going to offer these rewards, you have to be able to track whether the action happened and attributed back to the right person and then distribute that reward. So how, how, what's the best practice for handling that? Well, Raul (15:38): I mean, it's out of ReferralCandy. We do it automatically. So depending on the platform, we have several different ways that we can identify who was the friend and who made the referral. For some platforms we use coupon codes that are specific for, for advocates. And so if we see a transaction with a specific coupon code, we're able to say, okay, this was the advocate, and this is the person that needs to get rewarded for other platforms. We rely more on the referral link and, and kind of like, you know, kind of like the, the, the tracking after they click on it we're able to basically to cookie the friend and then see what's, you know, what's the referral looking like. But what, what I was mentioning earlier about being able to track referrals it's more about kind of like the, the, the, the moment in which brands tend to decide that they need a referral program. Raul (16:27): They know that they start to getting these early signs that they're getting referrals either because you know, a customer, my, my, mention it to a customer support rep or, or, you know, you might like see referrals happening on social media, just from people that have bought the product, and they're just sharing it or somebody unboxing your product on YouTube. And then maybe people asking them what they can get it, all that kind of stuff. So, like, those aren't kinda like early signs, but unless you have a referral program software on your store it's pretty difficult to, to, to track who are the customers that are, that are coming to you from referrals versus any other channel, because those, all of those referrals are happening organically in a way. And it's, it's kind of more like a, just like a natural conversation so that they might hear from, again, from a friend or my, my look at a video on YouTube, and then just go to the website and make the purchase. And you'll never be able to attribute that purchase to kind of like a referral source. So yeah, so instead of ReferralCandy, we were able to track that with with the referral links and coupon codes. But, but yeah, I mean, th those are kind of like the early signs that brands typically look at in order to decide that, okay, it's time to have something formal in place so we can see where this is going. Kathleen (17:44): So what are the top three mistakes that you see companies make with referral programs? Raul (17:52): So I would say that the main mistakes are either going to early so referral programs I mean, it's, it's a, it's an easy way for brands to retain existing customers and acquire new ones. So it's basically, you're turning your customer base into, into your marketing team. But it's a numbers game. And the, the number of advocates that you're going to have in your referral program depends a lot on, on your total number of customers. So how many new orders are you having per day or per week or per month? And then those are, the customers are eventually going to get added to the program. They're going to get the referral link, and then they're going to go out and refer. So it's a, it's a numbers game, really. So you need to have a good number of customers in the referral program in order to be able to see results in the short term. Raul (18:38): So whenever we have a brand joining joining ReferralCandy and launching a referral program if it's a brand that has, let's say like 10 or 20,000 orders per month, they take off immediately. Because they're, they're getting you know, almost thousands of orders every day. So those are thousands of customers that are being added to the referral program right away. Now, if you're a brand that it's, it's making, let's say a hundred, 200 orders per month, and it's going to take a lot longer. And so it's, it's not that it's a mistake joining the referral program, but what is the mistake in my opinion, is to expect results in, in the short term. And I'll be number one. Another mistake that I typically see is not, not promoting it enough. So like I said, you depend on your customers to perform an action. Raul (19:23): So you need to remind people about the, the, the existing of the referral program, because there's a lot of things that are happening in our daily lives. And, and, and if we're a, if we're not, if brands are not staying top of mind, then it's difficult for customers to think about it and kinda like generate those referrals. So promotion is key. And then the third mistake, probably the most important one. This is an actual mistake, in my opinion it's not, not being ready or not having a company that's ready for our referral program in the sense that either your products it's not good enough yet, or your customers are not loving your product yet, or maybe your kind of like purchase process, it's, it's complicated and messy, and your customers are not kind of enjoying the whole process. And then or maybe you don't have a customer support team in place. Raul (20:18): That's like, you know, practically solving problems and your customers are not, not happy overall. So if your customers are not happy and referral program is not gonna be able to solve that. And that's something that I actually see quite often but you know, it, it, at least it's it's kinda like a, it's a way of figuring out if there's something that's wrong with, with the company or with the product. And then, you know, you can think of the company and kind of focus on fixing that. And then I mean, if our referral program is not working, honestly, any other marketing action that you might develop, it's not going to work either if your product is not, it's not Kathleen (20:53): There. Yeah. That's so true. There's no substitute for a poor product. And you can't market your way out of that either. Exactly. so I'd love for you to give some examples, because I feel like in principle, this sounds like a no brainer if you have a good product and if you're ready for it. So can you maybe talk about the impact that it can have on companies? Like, do you have any real-world examples of companies that implemented a referral program and what that did to the business? Raul (21:24): Yeah, absolutely. So I mean, I brought a few examples of companies in kind of different industries so we can, we can kind of go over it together, but I would say that that one thing that they all have in common is that they obviously have a great product, that their customers are, are loving. They, by the time they launch a referral program, they, they realized that they were already getting kind of organic referrals. And that's what it was just kind of implementing something on top of that, that it was going to be able to streamline the whole referral process. So one of my favorite examples it's a company called Branch Basics. They are based in the US and they are offering a subscription business for cleaning products, which, you know, it's not, you know, initially it's not like, you know, a very attractive product. Raul (22:11): They're, they're in a very competitive industry. And so it's something that sometimes we just buy kind of automatically you put it on your shopping list and you go to the store and you get it. But that kind of like the twist they, they being able to add to the product that made it so attractive for customers is that they, they realize that most of the ingredients that you buy when you buy cleaning products are plastic and water, so you're, you're buying a container and then you buy a product that's mostly made of water. And so what they, what they've done is that they, they, when you, when you subscribed to brunch basics, they send you a box with different spray bottles and, and, and basically the containers for your cleaning supplies. And then they send you a subscription of different concentrates that you can use to, you know, buy to clean different parts of your house. And all you need to do is just put that the, the, those concentrates inside of the bottles and fill them with water and you're ready to go. Kathleen (23:06): By the way, I agree. Totally genius. That makes all the sense in the world, especially in terms of lowering shipping costs. Raul (23:13): Exactly. And, and it's and yeah, it's something that when you think about it, you're like, wait a minute, that's true. I'm just, I'm buying water and plastic. Kathleen (23:20): Yeah. Yeah. And I'm paying to have it shipped to me. Exactly, exactly. Raul (23:24): So they, they, they were able to add a twist to this, like, you know, highly traditional industry. But at the same time they had an issue at the beginning, which is how do we break through the noise? I mean, there's, there's like cleaning supply companies are so big and they, they, they take over pretty much any marketing channel available to us that we need to find something else. And so they they realized that their customers were their best advocates, because they were really excited about telling their friends and family about the, the, the, the cleaning products that we're buying. So just to kind of give you some numbers. So right now pretty much since they launched the referral program they saw an increase in by 10% in their, in their total sales and that 10% came from the referral program. Raul (24:08): And, and ever since they've been able to get like one in every 10 purchases coming from the referral program, which if you, if you look at it from the financial perspective and how much it costs to acquire a customer through a referral compared to any other, you know acquisition method, like, you know, like Facebook ads or Google ads, it's a lot cheaper. And, and also customers aren't coming from a referral tend to stick around longer and spend more. So in the long run, it's, it's made a really big impact on the bottom line of their business, which is their, their revenue. Other examples that I particularly like because it's it's, it's brands that have being able to target a specific communities of customers. So there's, we have a couple of companies that are selling products for, for either babies or toddlers. Raul (25:01): And obviously the customer here is not the baby and the toddler. It's mothers. And so they're being able to target communities of mothers that, that we're going to be able to buy the products. And then, then we're going to talk about it to, to all their moms. And so in particular we have two companies, one called Momomee and the other one called Riff Raff. And they, they, they pretty much being able to see the same type of results pretty much from the beginning, they were able to increase their sales by 20 and 24% using referral marketing, which is a lot, I mean, it's one of the highest referral rates that I've seen in, in among our customers. And there were, they were able to do so because they, they were targeting a highly engaged community of people that were constantly looking for the best products. Raul (25:45): And so if you see if you're part of a, of a mother's community and you see a mom being super excited about it, but one particular product, it's very likely they're going to buy it, even if you don't personally know about that person. But, but just the fact that you're both in kinda like the same stage of, of life, it kinda like makes you agree. And, and those referrals typically happen very, very naturally. So those are two that particularly like, because of the, kind of like the, the, that the way that they being able to, to target these communities. And then I mean, and then I would say that those are kind of like the 20, 24% referral rates I mean, are achievable because we have several customers that are, that are being able to get those to get to those percentages. Raul (26:32): But then, you know, you see customers having anywhere between five and 15% referral rates that are, you know, kind of all over the board in terms of companies that are they're operating in the, in the clothing or apparel industry companies are selling gadgets or, or sporting sporting goods. And they all have a kind of different ways that they've been able to target themselves sorry, market themselves to their customers and their referral programs. But I would say that products that are, are word of mouth friendly are those that are either truly revolutionary in the sense that it's nothing that you've seen before, or their products from a traditional industry with the twist, kind of like the example of Branch Basics. They, they, they're not in a very traditional industry, but they being able to add something that you know, all of a sudden it makes it look like a, like a no-brainer. But if we look at the, kind of like the traditional or the kinda like the most famous classic referral programs, Dropbox, Uber PayPal, those were truly new products. And so when you were talking to your friends and family about those products, you were, you were sharing something that was brand new, something that anybody had never heard of before. So that's, that's what makes, in my opinion company's word of mouth friendly when, when the person that's talking about your brands, truly excited about what, what they're about, what they're saying. Kathleen (27:58): So that makes all the sense in the world. And, and I think that that also makes it easier to onboard people into the customer referral program if they're excited. But I guess the other thing that I wonder about is activation because like, with anything, it's one thing to get the person to join the program, and it's another to then get them actually spreading the word and doing it consistently. So do you have any best practices or examples you've seen of companies that have done a really good job with activation? Raul (28:27): Yeah, so I would say that the most the most common examples of this are companies that are, that have a pretty consistent promotion schedule for the referral program. And so they are either reminding customers, let's say sending me an email every couple of weeks to their customers to remind them about the program, they're sharing it on social media or even like giving incentives that they get people excited about sharing. One particular example that I, that I really like talking about it's a company called Thread Beast and they are subscription box for just apparel basically. And so whenever you buy a box, you get maybe like a pair of jeans and a t-shirt and a hat and a belt, and maybe a pair of shoes as well. And the way that they've marketed the referral program is that instead of giving so it's, this it's a subscription, right? Raul (29:18): So instead of giving a coupon code on your future subscription or in your feature invoice what you get is every time you refer a friend, you get an additional box. So if you refer three friends, you're going to get your box plus three other boxes, full of clothes. And then your friend, the friends, I think they get like, like like 50% off or something like that. So it's pretty easy for the friends to to get started as well. And so when you are basically not capping the type of the, the, the type of rewards that they can earn it gets people really excited about sharing the referral link. So and actually, if you go on YouTube and you search for Thread Beasts, you're going to see tons of videos, a lot of them from, for the past few days, because people just keep renewing their videos unboxing, what they got from, from Thread Beast then. Raul (30:07): So they, they do like a, maybe 10 minute video explaining all the different products they've, they've gone. And then they also shared the referral link and to tell people how to get started on Thread Beast as well. So those type of rewards in which you're not necessarily capping it that works really well. Also companies that offer cash instead of coupon codes. So if you're, if you're selling a product that, you know, your customers are not going to buy from you anytime soon, and I always give the same example mattresses. Kathleen (30:34): Oh yeah. That's so true. Raul (30:36): If you're selling mattresses. I mean, that, that's kinda like the iconic example of a product that you're not going to buy a, you buy once, and then you're not going to buy it anytime soon. So if you're, if you run a referral program, and you're a mattress company, you can either maybe offer up, offer free product, which might be some sort of accessory that you can use under your bed. Kathleen (30:54): Or something. Yeah, exactly. Raul (30:55): Or you can offer cash and people are going to be happy to share and get cash because, you know, nobody's going to say no to that. So again, promotion and then being a little creative with the rewards typically helps with activation. And then something that we've also seen with with customers is that they they they're being able to add a little bit of a gamification to the process. So Riff Raff, the example that I was mentioning before they, they offer, they have like, kinda like a limited set of products. I think they only have like five or six items that they sell, but you can collect them in a way. And so instead of giving cash or giving a coupon to their customers, to give them a free product, every time they refer, I think it's five friends. And so if you end up referring, you know, 15, 20, 25 friends, you might end up getting all the different items of the collection. So you can, you can kind of collect all these, all these different products. So yeah, it's like I said, I mean, they're all I can't really give like one particular you know strategy that would work for all businesses, but it's all about getting a little bit creative and also knowing what truly get your customers excited. Kathleen (32:05): Yeah. And I think hearing some of those examples is helpful, cause it's just stipulates that the ideation, all right, we're going to switch gears because we're coming towards the end of our time. And I want to make sure I have time to ask the two questions that I always ask. First one being you know, the, the world of inbound marketing and digital in particular is changing really, really quickly. Some of it fueled by technology, some fuel by regulatory things around privacy. You know, there's just so much platform changes. There's so much happening. How do you personally stay educated and on top of all that, are there certain sources of information that you really rely on? Raul (32:44): Yeah, so I so I don't have like one particular news outlet that I follow for, you know, for anything related to marketing or e-commerce but instead I rely on community. So I'm part of several Slack communities. And from, you know, people that have worked in, in either in, in, in direct to consumer or people that work in, in e-commerce technology. And they, I tend to rely on those communities to get information that's going to be relevant. I think that when not necessarily a cause I used to be really active on Twitter. And I used to get a lot of my news from Twitter, but, you know, Twitter is just a little bit out of hand. I mean, I got out of hand in, in my opinion. And so I decided to kinda focus on kind of like smaller communities, more niche communities, and, and that, I think the quality you might not get as many articles to check every day, but the quality in my opinion has improved a lot. And there is. And then there's also an interesting conversation whenever somebody shares something, if it's, if it's truly interesting, there's going to be people that are going to like, you know, go back and forth about it. And that's also, my opinion is super valuable because allows me to learn from people that I've, you know, they're like, that are really way smarter than me. And and that that's always good. Kathleen (34:00): Any particular Slack communities that you really love? Raul (34:02): Yeah. So I'm my favorite one it's called Partner League. And it's a community for Shopify partners. It's, it's not run by Shopify it's, it's kind of like a, it was organized by by several Shopify partners. It's, it's a little bit independent and I think that's what makes it interesting, in my opinion, there's like really, really interesting conversations that happened there. And then also whenever somebody shares anything, anything that affects the industry, there are some really interesting conversations about this. So, so yeah, Partner League, if you're in Shopify I totally recommend Kathleen (34:33): It. I am in that one as well, and I think it's good. So now we know we can Slack each other. Great. And then the second question is, of course, this podcast is all about inbound marketing. Are there particular companies or individuals that you think are really setting a great standard for what it means to be a really good inbound marketer these days? Raul (34:57): Yeah. So whenever I look for, for example, so people, companies doing good marketing, I like to look at my inbox. I, I unsubscribe whenever I make a purchase, I end up subscribing from like, I don't know, 75, 80% of the brands that I, that I buy from. Cause I, you know, I ended up just not enjoying the content they send me, but those that remain in my inbox type. Those are the ones that I particularly like, and there's one company that's called Back Market. They sell a refurbished products so, you know refurbish technology. So, you know, iPhones, some computers you know, whatever, actually my, my last two iPhones are from, from them. So I a I'm a really good really with customer of them, but I like the way to do marketing because, well, first of all, they've been able to educate people on you know, kinda like all the electronic waste that we're producing. Raul (35:49): And that they've been able to kind of like remove the, the, the stigma that most, a lot of people had on, on buying refurbished products for products that are not brand new. And so I think they've done a really good job educating what refurbish means and what's the impact that you can make for, for the environment. And then also I like the tone. So they I mean, I get, so I'm based in Spain, so I get their content from their Spanish site, but I don't know if the US site will be a little bit different, but they're pretty funny. They use humor a lot in the way that they that they interact with with customers. And I think that's key to be honest, like whenever, whenever I see their emails, even if I'm clearly not going to buy another iPhone in the next year or two, but I still look at their emails and I read every single one of them, because I think they're really smart. And that any time that I don't have a referral program, by the way. So from here, if anybody from Back Market is listening to me, we should, we should talk. But anytime that I hear somebody that wants to buy some sort of electronic site typically think of them because of how exposed I am. Kathleen (36:50): Well now I definitely want to go and subscribe to their emails because I love collecting just emails that are, that are well-written. And I love email, and I love corporate marketing. That's done with humor. So a hard thing to pull off and to do it like to hit the right tone. And then right note, like it can go wrong pretty easily, but for the companies that pull it off, it's incredibly powerful. Raul (37:12): One thing that they do that I think helps a lot, and that's something that pretty much every single brand can, can copy is that they these emails are not sent from black market. It's sent from somebody inside of Back Market. So you get it, you get a first name and in the email. So you can always kind of like, think about who's the person that's writing, the, the email that you're reading. And so it feels a lot more personal rather than getting an email from kind of like a faceless corporation. And so, and that's actually something I copied myself. So I have a newsletter for, for my agency partners had ReferralCandy that I write myself, but I also make sure that it's not sent from ReferralCandy's sending from, from my name. I think it, I think it helps to, to get your message across and, and we tend to put a voice on what we're reading. So if I can get people to read it with my voice, that's even better. Kathleen (38:03): Totally agree. And I do the same thing, my newsletters and all my emails, excuse me, come from people who nobody forms a, an emotional relationship with contact at or info at. It just doesn't happen. So I totally agree. All right. Well, we have reached the top of our time. So if somebody is interested in learning more about ReferralCandy, or just wants to connect with you and has a question what's the best way for them to to connect with you online? Raul (38:32): So ReferralCandy.com for anything related to ReferralCandy, and then they can just email me directly. So my email is raulg@referralcandy.com. So raulg@referralcandy.com and I'm always happy to continue the conversation there. Kathleen (38:48): Great. And I'll put that link in the show notes. So head there, if you want to get in touch with Raul and if you're listening and you enjoyed this episode, consider heading to apple podcasts and leaving the podcast a review. That's how other people find us. And we would very much appreciate it. And in the meantime, if you know another marketer who's doing amazing inbound marketing work, tweet me at @workmommywork, because I would love to make them my next guest. That's it for this week. Thank you so much for joining me Raul. Raul (39:18): Thank you so much.
In this episode, I have the pleasure to introduce to you a subscription box show first. I will be discussing at length the benefits a referral program can have for your business. The rise of advertising costs and customer acquisition costs has forced brands and subscription boxes to look past traditional paid ads avenues like Facebook and Google. A blessing in disguise if you will, these rising costs have put us in a position to set up multiple streams of customer acquisitions, and referral programs are one great way to gain organic customer acquisition traction. So, for today's episode, I've brought in one of the best in the business, when it comes to referral programs, as I have brought on all the way from Spain, from ReferralCandy, Mr Raul Galera! Guest Links:Discount/promo: http://try.referralcandy.com/podcastIG - @raulgaleraIG - -@referralcandyTW - @referralcandyFB - facebook.com/referralcandyEpisode Sponsored by SubSummit, the World's largest subscription conference, happening this September 21-23 in Dallas, Texas. Visit https://subsummit.com now to get your tickets!Deal of the month! Manscaped and their NEW Lawnmower 4.0. Want 20% OFF? Visit https://manscaped.com and use discount code TSBS at checkout! Manscaped, the #1 one Grooming Kit!Eric's Recommended Affiliate Courses & Resources:Eric and Christine's Ultimate Guide for Graphic Design for Your Subscription Box Business: https://www.thesubscriptionboxshow.com/resourcesJulie Ball's Subscription Box Bootcamp 2.0 Course Link:https://ericmusick.krtra.com/t/h67apnWbBQ9cThe Subscription Box Experts Academy Course By Liam Brennan Link: https://ericmusick.krtra.com/t/jIw4to2rXSoQ Megan MacNeill'sIndustry Leading LinkedIn Course: https://relevant-personal-branding.thinkific.com/?ref=fbfbc7 Host Links:The Subscription Box Show Website: https://www.thesubscriptionboxshow.comThe Subscription Box Show Facebook Page: https://www.facebook.com/thesubscriptionboxshow.comEric Musick's email: eric@thesubscriptionboxshow.comEric Musick's Instagram: @thesubscriptionboxshow or https://www.instagram.com/thesubscriptionboxshowThe Subscription Box Show Facebook Group: https://www.facebook.com/groups/2960087864057955/To request being on TSBS, please book a call with Eric at: https://www.calendly.com/thesubboxshow
Hello hello. Before we dive into today's episode, I have a quick announcement:During August I'll be taking a summer break, where we won't be recording any new episodes. But I'm excited to republish some of the earlier conversations I've had and post clips on our social media channels. If you've been enjoying this podcast so far, you will definitely enjoy these old/new conversations. And now, let's start with episode #50!We've made it to the 50th episode of the Flying Cat Marketing interview series! For the ones who have been watching or listening to us, and have been a part of this journey, a big thank you to all of you. Joining us this week on the new episode is Raul Galera, Partner Manager and Chief Advocate at ReferralCandy. ReferralCandy is an app that allows brands to turn a customer base into their marketing team by the method of referral marketing. The company helps in getting more customers by incentivizing referrals. In this interview, we get into the details of referral marketing. The strategies involved, the different kinds of affiliate & referral programs, the types of incentives available, and much more. Raul mentions what it's like to turn your customer base into a marketing team and how it always works best for a business when the process of achieving incentives is made easy for the customers. All we can say is, refer to this interview to know everything about referral marketing! In this episode we talk about:Referral marketing programsIncentives for customers in referral marketing Different kinds of affiliates involvedBuilding customer loyaltyTurning customers into your marketing team Timestamps00:08 - Introduction to Raul Galera00:45 - How to specialize in referral marketing? 01:44 - Best ways of incentivizing 03:17 - Referrals incentives in B2B businesses05:25 - Working with affiliates in marketing08:45 - Optimizing customer experience for better referrals 11:57 - Basics of referral strategies for a business17:12 - Discounts or Cash; the better incentive?19:22 - Turning a customer base into a marketing team You can connect with Raul Galera through his email and LinkedIn You can also check out the official website of ReferralCandy here.While you're hereFollow Flying Cat Marketing on the following channels to get more tips, tactics, and knowledge on content marketingVisual – YouTubeAudio – Flying Cat Marketing Podcast (Spotify) (Apple Podcasts) (Stitcher)InstagramFacebookLinkedin
Raúl Galera is the Chief Advocate at ReferralCandy, an app that allows ecommerce brands to set up and run customer referral programs. ReferralCandy is the leading platform in terms of referral marketing for ecommerce brands. Founded over 10 years ago, ReferralCandy has helped over 30,000 brands leverage the power of word-of-mouth and turn their customer base into their marketing team.⭐️GROW YOUR SALES THROUGH WORD OF MOUTH MARKETING!
How A Referral Strategy Can Really Boost Your Sales Raúl Galera is the Chief Advocate at ReferralCandy, an app that allows eCommerce brands to set up and run customer referral programs. ReferralCandy is the leading platform in terms of referralmarketing for eCommerce brands. Founded over 10 years ago, ReferralCandy has helped over 30,000brands leverage the power of word-of-mouth and turn their customer base into their marketing team. Referral marketing is a blend of organic content, community marketing, and influencer marketing. Word-of-mouth is a powerful channel for both successful global names as well as new, niche brands. Referral marketing blends perfectly with brands that have a clear customer-centric approach, making it affordable for companies of any size to attract new customers while retaining existing ones. if they'd like to try out ReferralCandy they can go to try.referralcandy.com/podcast -- this will allow them to get $50 off after your 30-day free trial https://www.referralcandy.com/
Raúl Galera is the Chief Advocate at ReferralCandy, an app that allows ecommerce brands to set up and run customer referral programs. ReferralCandy is the leading platform in terms of referral marketing for ecommerce brands. Founded over 10 years ago, ReferralCandy has helped over 30,000 brands leverage the power of word-of-mouth and turn their customer base into their marketing team. Referral marketing is a blend of organic content, community marketing and influencer marketing. Word-of-mouth is a powerful channel for both successful global names as well as new, niche brands. Referral marketing blends perfectly with brands that have a clear customer-centric approach, making it affordable for companies of any size to attract new customers while retaining existing ones. Raúl has been leading ReferralCandy's partnership efforts for the past five years, working alongside marketing agencies, media and tech companies. On a regular day, you'll likely find him with a half-full cup of coffee next to him and a salsa playlist playing on his Spotify.
Links to Raul's internet things:LinkedInReferralCandy
This week we're joined by Raul Galera who is the Partner Manager at Referral Candy. Referral Candy is a referral marketing SaaS that helps you get more customers by incentivizing referrals. They were founded in 2010, have over 30,000 brands that have used the product and have generated more than $220million in referral sales. Referral Candy themselves are doing 7 figures in ARR. Today Raul shares what their partnership marketing strategy looks like.
As a Partner Manager for Referral Candy, Raul will discuss with us about the importance of Customer Retention and Loyalty programs to delight your customers. - Your customers are your best marketing team: How loyalty and referral marketing improves customer acquisition and retention - You're more than just a product: Build a community around your brand - How to stay top of mind, give your customers an incentive to talk about you and come back to your store for more All episodes: eCommerce Growth Show Episode notes: Retaining customers: Customer loyalty and advocacy Follow Omniconvert on: FacebookTwitterLinkedinYouTube