Word of mouth referrals are still very powerful. People are always looking for recommendations and the people you know will trust your referrals especially if they’ve seen certain products or services benefit you personally.
Referring people to a product you know and love is one of many ways to use your words for a financial benefit. Most businesses have referral programs allowing you to earn a bonus for referring a new customer or client.
With the holidays right around the corner, referring family and friends can be an easy way to make some much needed extra cash. What better way to start than by referring the people you know and already have a relationship with? Here are a few ways to make money by referring your family and friends.
Swagbucks
Swagbucks has earned a reputation as one of the top sites to visit to make money doing short tasks online. They not only offers surveys as an option to earn some extra cash, but you can also watch videos, play games, shop, and simply search the web.
Here’s how Alexa uses Swagbucks to make extra money.
Swagbucks pays users with gift cards but you can also redeem your points for a PayPal gift card if you prefer cash. About 2,500 points is equivalent to a $25 gift card. If you refer a friend you will get 10% of their lifetime earnings.
Inbox Dollars
Inbox Dollars is really similar to Swagbucks and offers cash by doing tasks from home. It can be as simple as filling out a survey, Inbox Dollars can be your ticket to cold hard cash for the holiday season. For signing up you receive $5 and each person that stays with Inbox Dollars from your referral link you will get 10% of their earnings.
Thredup
Thredup is a secondhand fashion resale website to find like new clothing for you and your family. Maternity clothing or clothes for kids you name it Thredup maybe the place to get it. When a friend joins Thredup, they get $10 to spend and you also receive $10 to shop on Thredup after they order their first set of clothes off Thredup.
Opinion Outpost
Want an easy way to make money from taking surveys? Opinion outpost might be the best option. You will earn one dollar for each referral that completes a survey using your custom link up to five dollars. For every survey, completed at opinion outpost you get entered into the $10,000 quarterly giveaway and can earn cash or gift cards!
Read more about some of our favorite survey sites here.
VIPKid
Know someone who loves to teach or has a teaching background? If they are looking for spare money for the holidays or simply on the side, VIPKid is a solid option you can refer them to try. VIPKid hires work from home instructors to teach Chinese elementary students ages 4 to 12.
The near 30 minute sessions take place solely online. If you refer a friend to become an instructor, you can earn between $50-180 per person. The max number of people you can get a bonus for referring per month is 31. Payments for teachers are up to $22 per hour.
Uber
Uber is becoming a great way to get around a city. Not only does Uber give passengers reasonable prices to get to their desired destination, but depending on the time of day, the wait time for your ride to show up can be as short as a single minute. How’s that for fast service?
I like to use Uber when I travel if I don’t want to rent a car. If you refer a new Uber passenger, you will receive your next ride free and the new person that signed up will get a first ride credit as well. This could be a great referral program to use if you are planning on doing any traveling this year and considering using a rideshare app.
Decluttr
Not using your old smartphone or tablet and looking to sell it? Try Decluttr. If you can’t get a resale shop to buy back your old electronics, you may be surprised at the type of offer you can get by using Decluttr. This is a great site to use if you’re looking to get rid of some old electronics and declutter your home.
You’ll earn a $5 bonus for each person you refer to use Decluttr. As a new Decluttr customer you also will get $5 added to the next order you resell. Learn more about the referral program here.
Ibotta
Ibotta allows you to earn rebates for shopping for groceries or just regular household items. When you refer your friends or family to join Ibotta and they redeem their first rebate, you’ll earn $10.
Comcast
If you have cable or internet you have probably considered using them as your service provider at some point. If you refer new customers to Comcast you can make up to $500 in visa per paid cards per year. You’ll earn $100 for the first person and $200 a piece for the second and third person you refer per year. Learn more here.
Walmart Grocery
Walmart’s Grocery Pickup Service is a free and convenient way to have a personal shopper. You get the freshest and best items picked out just for you. All you have to do is pick them up. For referring someone to the service you will receive $10 and they’ll earn $10 off their first order as well.
Groupon
Groupon is a perfect way to find deals at local businesses in your area. They also have a coupon section to help with discounts for general purchases for entertainment. You can refer your friends and family to use Groupon and earn $10 after their first purchase.
These are just a few in-demand referral programs you can get involved with to offer a valuable product or service to your family and friends. When done correctly, you can make a substantial amount of money referring people to use things you already enjoy.
If you use a product or service that you love, check to see if they have a referral program so you can make money by referring others.
Do you ever use referral programs? Why or why not?
Just make sure that the people you’re referring want to be referred. I think many, myself included, get a little salty when their contact info is provided without their consent, especially by someone they might consider trustworthy.
That’s a good point. I know you can invite some people via email to different things, but it’s always best to reach out to them first and provide your referral link. That way, they can click on it and take advantage of the offer if they want to.
I love Swagbucks! It’s one of my all-time favorite ways to make some easy extra money. That’s definitely one I recommend to other people!
Same here! 🙂