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$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.

  1. One-sided referral benefit

    Pay your CAC to the referrer or the friend, with a three-way introduction.

  2. Two-sided referral benefits

    Split CAC between both parties.

  3. Ask right when they buy

    On the contract or checkout page.

  4. Referrals as a negotiation chip

    A discount in exchange for introductions.

  5. Referral events

    One to four weeks with points, credits or bragging rights.

  6. Ongoing referral programs

    Talk about doing it with others all the time.

  7. 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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