I started a dog walking business and I'm working on a referral program. What I'm thinking about doing is for each person you refer to the monthly service you receive a $10 gift card to Petco, and if you refer a total of 5 (over time) you will receive $100 gift card, which would amount to $140. Now that is not much because when those 5 people sign up I'm making $1300 a month so I don't mind handing those who gave me an extra $1040 (1300-260(price per monthly walks)) a month $140. Now after 5 you will receive $10 more for each additional referral and when you reach 10 referrals you will receive a free month of walks.
Now my real question is, do you think that Petco will supply me with gift cards because I am referring my clients to them. I think about it and it doesn't make much sense because they are literally handing out their money that they will eventually just get back, but I've heard of companies that do that to promote their business.
If anyone can help me out in any way that would be great.
Now my real question is, do you think that Petco will supply me with gift cards because I am referring my clients to them. I think about it and it doesn't make much sense because they are literally handing out their money that they will eventually just get back, but I've heard of companies that do that to promote their business.
If anyone can help me out in any way that would be great.