As we approach the highly anticipated aXcelerate Day 2024, Lupo Digital is excited to announce our participation as a proud sponsor of this transformative event. Held at the Brisbane Convention & Exhibition Centre on October 30, 2024, this one-day conference and mini expo will bring together industry leaders, educators, and training professionals for a day of cutting-edge insights and technological advancements that are shaping the future of Registered Training Organisations (RTOs).
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Explore how to fortify your referral program with unshakeable trust and credibility for unparalleled growth.
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Identifying Key Metrics to Evaluate Referral Program Success To truly understand the efficacy of your referral program, it's pivotal to identify and track key performance indicators (KPIs). At the forefront, conversion rates and the number of successful referrals present a clear picture of how well your program resonates with your audience. Additionally, the lifetime value (LTV) of referred customers compared to non-referred customers can offer insightful data on the program's long-term profitability. Customer acquisition cost (CAC) is also essential; a lower CAC via referrals indicates a high ROI. Monitor these metrics consistently to establish a reliable benchmark for success.
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Master a thriving referral program with these expert strategies.
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