We’re all familiar with referrals.

When you go to a restaurant, buy a good product from an online shop, or have a great experience working with an accountant, we’re definitely excited to share our experience with our friends, right?

And when looking for a product or a service, we always ask our closest friends and relatives for recommendations.

Yes, referrals is part of our lives. And many businesses, have made a decision to use referral as their marketing strategy .

Statistics shows that referral marketing drive stunning profits and increases brand loyalty.

Yet, very few businesses correctly employ this powerful engagement strategy.

With that in mind, We believe we can help transform the system. That’s why we developed Plentix — a decentralized platform aimed to transform the referral economy.

Plentix is a platform that gives both developers and businesses a tremendous amount of flexibility. With its decentralized structure, developers are able to get rewards from their developements, and businesses are able to clearly establish, customize, track their referrals.

Referrers also gain tremendous flexibility and a wide range of options within the Plentix platform — where typically they don’t have with other referral programs.

As an example of the Platform‘s features, a referrer can securely refer friends and earn rewards in the form of discounts or REFER tokens. Rather than simply posting on key social media accounts, they can easily leverage individual referral codes through the platform to directly connect with their friends via social media, email or inside the application — allowing true Friend-referring-Friend interactions to take place.

Knowing that 58% of consumers share their positive experiences from a company on social, or ask family, friends, or colleagues for their opinions — that represents a huge opportunity.

Use Case for Referrers

James loves using BBQ Co. — and regularly shares photos and posts on his favorite social platforms. His friends value his insight and have started to ask him for specific restaurant recommendations for different occasions — birthdays, holidays, and anniversaries.

He always gives personal recommendations for each of his friends — but never thinks about how much business he’s created for the restaurants he sends people to.

He then hears about Plentix — and decides to give it a try. He logs in and sees a wide range of businesses who are offering different reward opportunities for referrals. Surprised, he notices many of the restaurants he’s recommended friends to are on the list.

He connects with these via his dashboard and uses his personal referral code when a friend asks him about their next birthday dinner. His friend is happy to learn that by using James’ code — he too can get a discount on his meal.

James later logs into his dashboard and sees that his recent referral has earned him 100 REFER — the secure, blockchain based Plentix token used for exchanging value. He logs into an exchange and trades 50REFER for cash — allowing him to try a completely new restaurant on the weekend.

Conclusion

Truly, Plentix gives opportunity to every referrer to (1) get benefits from their referrals (2) track his/her referrals and earnings (3) contribute in the growth of the global referral economy

Learn more

Visit our Website at plentix.io

Read our Whitepaper.

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