← Back to full glossary
Audience & Community
Audience & Community
What is Referral Program?
A Referral Program is a structured way of encouraging existing customers or partners to recommend a company to others, usually with an incentive, turning trusted relationships into new pipeline.
Who Is It For?
Referral programs are run by growth or customer success teams, often with partnerships support.
How Is It Used?
It’s used to generate leads that come with built-in trust, since a recommendation from a peer carries more weight than an ad.
- Make it easy for happy customers to refer with a simple process
- Offer incentives that fit the buyer, not just discounts
- Track referral-sourced pipeline and win rate separately
- Ask at moments of clear customer success, such as after a strong result
Related Terms & Concepts
Frequently Asked Questions
Do referral programs work in B2B?
Yes, when timed to real customer success — referred leads often convert faster because they arrive with trust already established.
What incentives work best for B2B referrals?
It varies, but credits, recognition, or value tied to the product often work better than generic cash, depending on the audience.