4 Best Referral Programs to Earn Money in 2022
Updated: Sep 14
It's likely you have a plethora of products and services you like to use. Did you know that you can make money by using their referral programs? The process is simple — use the product or service, refer a friend and get your referral reward!
Plenty of referral marketing programs offer discounts on their products and services, subscriptions, cashback, and other referral rewards! Depending on the company, these perks are available to long-time as well as new customers.
Did this money-making opportunity catch your eye? Check out the best referral programs and their rewards! Who knows — it can become a new income stream for you.
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What is a referral program?
A referral program is a marketing strategy that relies on loyal customers recommending the company to their friends, family, and acquaintances. It's a simple reward program that companies use to acquire new customers and retain people who already enjoy their products!
It's a word-of-mouth type of marketing that usually reaches friends and family of long-time customers. The rewards act as an incentive for people to continue using the company's products or services. On the other hand, referred friends and family will know about the company that you like and get access to high-quality products!
Do you have products that you use daily? You can get paid for testing them!
Referral Marketing vs. Affiliate Marketing
There are some key differences between a refer-a-friend program and affiliate marketing. Although both of them focus on customer acquisition, an affiliate program target content creators while a referral program focuses on promotion through existing customers. Naturally, the target audience for a referral program is close friends, while followers and subscribers are the priority for an affiliate marketer.
Another difference is the offered rewards. An affiliate program is based on commissions, and a referral program offers free perks, discounts, and other rewards. Affiliate marketing has become popular in recent years among influencers and content creators as an extra income source. Additionally, people are learning about the many benefits of successful referral programs and getting rewarded for doing referral marketing!
Best Referral Programs
There are countless customer referral programs — it's hard to stay on top of everything! Here's a list from which you can choose the best referral program depending on your preferred product or service.
If you're interested in website hosting, then you've probably heard of Hostinger. The company offers a referral program through which you can get a 20% commission from your referral's first purchase. They'll need to buy a website hosting plan for at least 12 months for you to get your reward!
Moreover, it's a win-win situation for your friends as well. They'll get a 20% discount when checking out if they use your referral link. Notably, your referrals can still request a refund on Hostinger's services. If they don't do that in 45 days, you can expect your bonus to reach your bank account!
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Do you need a cloud storage space to store and share files as well as collaborate with others? Then Dropbox is here to help! The Dropbox Basic plan is free and offers 2GB of storage space which you can upgrade for an additional fee at any time.
The company has an interesting referral process — you'll get rewards depending on the plan your referrals choose when signing up. If you have a Dropbox Basic account, you'll earn 500 MB per referral if you have a Basic account. In total, you can get a reward of 16GB of additional space with this account type.
Moreover, you can get 1GB of storage per referred friend with a Dropbox Plus, Family, or Professional account. Keep in mind that your reward has a limit of 32GB of additional space with this account type.
3. Google Workspace
The COVID-19 pandemic brought many challenges to the global workforce — a health crisis, a closing down of significant functions, and remote work. While it's a great opportunity for people to do their job effectively from the comfort of their homes, you'd need good tools to perform together with your coworkers. That's why Google Workspace became a popular collaborating e-platform.
Google will reward you depending on your referral's Google Workspace plan. You can earn $8 per referral if they have the Business Starter plan, $15 per referral for Business Standard, and $23 per referral for Business Plus plans.
Notably, you can have many referrals, so if you're an existing customer of Google Workspace, take advantage of this opportunity! Keep in mind that this referral incentive limits your earnings to 100 referrals at a time, with a limit of 200 different referrals annually. The company has an affiliate marketing program if you want to add more people to your account!
Did you know that Honeygain has a referral marketing program as well? Well, now you do! You can boost your earnings by inviting your friends with your unique referral code to participate in this reward program.
Your referral will get 5,000 Honeygain credits (or $5!) as a starting gift by signing up for a Honeygain account. The best part is that you'll get a forever bonus of 10%, equal to your referral's daily earnings. Additionally, you'll get a 500 credit bonus when your referral gathers 2GB of traffic as a new feature.
Honeygain always offers a generous referral bonus — it's our way of saying thanks for expanding our active community with our referral program! You can invite as many referrals as you like. It's free and simple to do, so refer friends and help them make money effortlessly!
Honeygain isn't the only passive income app on the market! Check out these applications that let you earn money without much effort.
Refer A Friend And Earn (Even) More
There are countless successful referral program examples. Companies promote it on their landing page and social media profiles, so you can check out the products and services you enjoy if your favorite company isn't on the list. If no reward structure satisfies your needs, you can always invite your friends to join Honeygain and set up a passive income stream without a fuss.