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  • This metric aids in your comprehension of the success of your referral campaigns. 2. Determine the proportion of individuals who signed up after clicking on your referral link to find out your conversion rate. You can improve your strategy for better outcomes by keeping an eye on your conversion rate. 3. Earnings breakdown: Recognize the various rewards you have received for your referrals, including points, cash bonuses, deals, & other incentives. 4. The platforms or channels that are generating the most referrals for you should be identified as referral sources.
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  • Refer and earn apps are smartphone programs that provide incentives for users to share the app on their social media accounts. Referral programs are incorporated into these apps, rewarding users who successfully invite new users to the platform. In most cases, users have to provide their contacts with a special code or link to start the process. The referring user gets rewarded—which could be in the form of points, money, discounts, or other incentives—when a new user registers using this information.
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