PhysicalThing: referral program

Lexeme:	referral program Very Rare (0.01)
Definition:	noun. A referral program is a strategic marketing approach that incentivizes existing customers or users to promote a product, service, or business to their friends, family, or colleagues. This program rewards customers for referring new customers, typically by offering discounts, rewards, or other benefits. Referral programs are designed to leverage the power of word-of-mouth marketing and encourage customer advocacy, ultimately resulting in increased customer acquisition and business growth. GPT3.5 Word Forms: noun. referral program (singular), referral programs (plural)
Synonyms:	(none)
Abstraction:	(hypernym) entity (hypernym) physical thing (hypernym) program
Composition:	(none)
Properties:	(none)
Basic Categories:	information program information
Related Concepts:	(none)
Policy Examples:	Additionally, we may collect information from you and your friends through the use of cookies and other technology, so we can monitor the success of our referral program and keep track of friends you refer who may sign up for our services and to credit you with any benefit that is available under our referral program. #23andme
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