A "referral widget" is a tool used by businesses to encourage customers to refer friends and family to their products or services. It is usually a small widget or button that can be embedded on a website, email, or social media.
The referral widget typically includes a referral link that customers can share with their friends and family. When a referral is made, the customer may receive a reward, such as a discount or free product, and the referred person may receive a special offer.
The goal of a referral widget is to increase brand awareness and drive new business through word-of-mouth marketing. It is a cost-effective way for businesses to acquire new customers and to retain existing customers by offering incentives for referrals.
In summary, a referral widget is a simple and effective way for businesses to incentivize their customers to refer new business, increase brand awareness, and drive growth.