$100M Leads by Alex Hormozi, framework 31 of 46
Seven ways to ask for referrals
Combinations of incentive, form and timing that worked best for Hormozi.
Alex Hormozi's framework, from $100M Leads, pp. 260 to 289.
- One-sided referral benefit
Pay your CAC to the referrer or the friend, with a three-way introduction.
- Two-sided referral benefits
Split CAC between both parties.
- Ask right when they buy
On the contract or checkout page.
- Referrals as a negotiation chip
A discount in exchange for introductions.
- Referral events
One to four weeks with points, credits or bragging rights.
- Ongoing referral programs
Talk about doing it with others all the time.
- Unlockable referral bonuses
Bonuses for referring and leaving a testimonial.
From chapter: #1 Customer Referrals - Word of Mouth, pp. 260–289
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Framework 33 · Paid ads Internal core four Using the core four to get employees instead of customers.
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Framework 34 · Lead generation 3Ds of training A method to turn employees into lead getters.
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Framework 35 · Lead generation Cost per engaged lead from payroll How to work out returns from lead-getting employees.
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Framework 36 · Hiring and teams Agency agreement Terms for using an agency to learn a skill instead of depending on it.
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Framework 37 · Hiring and teams Next steps for using agencies A six step sequence.