Shreya Shettigalkoppa Prabhakar’s Post

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Banking and Financial Services | Durham University | Ex - Accenture

🚀 Referral Program Teardown Here’s a glimpse of what I covered Dual incentives: Both referrers and referred users benefit, driving growth through word-of-mouth. Friction reduction: Simple referral codes and progress tracking keep the experience seamless. Key metrics: conversion rate, CAC reduction, and LTV to measure success. Opportunities for improvement: Adding leaderboards and tiered rewards for higher engagement. Referral programs, when executed well, can boost user acquisition and brand loyalty significantly. If you’re working on one, these insights might come in handy! #NextLeap #ProductTeardown #UberRefferal

Ankit Choudhary

Product Management Fellow @Nextleap | Product | Design | Data | Market Research

1mo

Very informative

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