Objective
To boost customer acquisition through a customer referral program which rewards both the customer who refers and the referred customer with a coupon
Solutions
- Existing Star Bazaar customers would be sent a Smart SMS with a unique link that was mapped to their Customer ID, in order to track referrals
- The SMS would incentivize the customer to forward the SMS to or share the link with their friends and family
- When the friend clicks on the shared link, they would be taken to a sign-up form that captures their personal details like name, email ID, phone number, etc.
- Once the friend submits the form, they would see confirmation on the same web page
- The Smart Message, driven by structured data and programmable code logic, consolidates new sign-ups referred by the same customer and passes this consolidated data to Star Bazaar’s CRM
- When the newly referred customer shops at Star Bazaar, they would be eligible for a Rs. 100 discount on their purchase and Star Bazaar would also be able to send out a discount coupon to the referrer for every successful referral
Users need to go to the WeChat and select "Subscriptions"
Once in Subscriptions they need to follow "CitiBank"
After authentication using OTP, users can avail of banking services
Result
- Around 27,000 Star Bazaar customers were sent a Smart SMS with the referral link
- Over 4500 customers participated in the referral program which led to increased customer acquisition
- Star Bazaar is planning to launch this referral program PAN India to acquire new customers
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