How to Set Up Your Referral System with RoloShare

Building a successful referral system requires strategy, consistency, and a strong network. RoloShare makes it easy for businesses to establish, manage, and grow a profitable referral network. By following the four-step process outlined below, you can transform your business into a referral-driven powerhouse.

Network Size = 1
Before you can build a network, ensure that your business is referrable. This means your customers trust you and are willing to recommend your services. Ask yourself:
Can people easily find you online and offline?
Do you leave a quality first impression that encourages trust?
Are you demonstrating trustworthiness through reviews, testimonials, or case studies?
Do you have an attractive offer to bring in new customers?
Do you provide incentives for client and partner referrals?
Are you currently receiving referrals? If not, why?
Once you have a strong foundation, start building your personal network with your existing partners and relationships. These initial connections are crucial for establishing credibility.

Network Size = 3 - 5
Now that your business is referrable, it's time to formalize your personal network by teaming up with partners. Your next steps:
Identify trusted partners within your existing connections.
Ensure that your partners are also referrable—strong networks thrive on quality.
Help your partners by making their referral process simple and beneficial.
Ask: How do we make referring easy and desirable?
Implement actionable strategies that turn passive partners into active referrers.
A successful referral system is not just about numbers—it’s about engagement. Focus on creating mutual benefits that encourage ongoing referrals.

Network Size = 10 - 25
With a small, engaged network in place, it’s time to expand strategically by attracting new partners who can introduce additional referrals.
Leverage your personal network to bring in partners who share your referral goals.
Encourage cooperative sharing between trusted partners to maximize benefits.
Simplify the referral process to make it desirable for new partners to refer.
Provide incentives that motivate partners to actively participate.
At this stage, consistency is key. Maintain regular communication with your network, provide updates, and track referral performance.

Network Size = 50 - 100
Once your personal referral network is well-established, it’s time to link it with other networks for exponential growth.
Inherit trusted partners from other established networks.
Expand your reach across multiple business categories.
Facilitate viral growth by allowing referrals to circulate organically.
At this stage, your referral network should be self-sustaining—new referrals bring in more business, which in turn attracts new partners.

A well-functioning referral system doesn’t stop at network expansion; it also requires active promotion.
Encourage cooperative promotion between partners.
Leverage joint marketing strategies for wider visibility.
Run referral contests, campaigns, and exclusive events to incentivize participation.
Regularly evaluate and optimize referral incentives to maintain engagement.
Utilize social media, email marketing, and industry partnerships to maximize exposure.
By following these steps, you can build a scalable, sustainable, and highly profitable referral network with RoloShare.