"Good one Akancha...I am an women entrepreneur too, started with www.PapayaPost.com few months back and doesn't have a formal office so far. Recently i came across another question by a supposedly educated professional " So Garima…"
Garima's Discussions
[PapayaPost.com] To launch or not to launch ( A Referral Scheme)
7 Replies
Hi Folks,I needed an opinion on how effective referral schemes are to make existing users to refer their friends to a website.We had launched PapayaPost.com sometime back. On PapayaPost.com one can…Continue
Tags: PapayaPost
Started this discussion. Last reply by Akshay May 15, 2012.
Welcome, Garima Goel !
Latest Activity
Garima commented on Akancha Srivastava's blog post 5 most common questions faced by me for being a woman Entrepreneur!
Akshay replied to Garima's discussion [PapayaPost.com] To launch or not to launch ( A Referral Scheme)
"Hi Garima
One of the major pitfalls of the gratification driven referrals is the fact that it dies as quickly as it builds. Lots of people may just avail the gift never to come back - its always ideal that may be the user base is low for a while but…"
Garima replied to Alok 'Rodinhood' Kejriwal's discussion Why do you do so many meetings? Are they productive?
"Bingo....Enter the meeting room prepared, with clear agenda only when you really need to!
" The foreigner brigade who doesn't speak English" bit is too gud :)
"
Garima replied to Garima's discussion [PapayaPost.com] To launch or not to launch ( A Referral Scheme)
"Appreciate the feedback & views from Lokesh, Nirav, Rishad & Abey...will keep fellow Rodinhoods posted on what direction we take and where it takes us !"
Abey John replied to Garima's discussion [PapayaPost.com] To launch or not to launch ( A Referral Scheme)
"Garima, the referral scheme won't scale rapidly. Here's why: the mug is not sufficient incentive and it does not build on the theme of your site. The value of the mug is not large enough to want people to hunt down 10…"
Rishad Mehta replied to Garima's discussion [PapayaPost.com] To launch or not to launch ( A Referral Scheme)
"Alternatively, you could also give the referrer shopping credit, which will get you sales as well as referrals. fab.com has a beautifully designed referral program which Im sure is very effective (Check it out).
If you do do a referral program, try…"
Nirav Parekh replied to Garima's discussion [PapayaPost.com] To launch or not to launch ( A Referral Scheme)
"Hi Garima,Some points for you to evaluate, before taking the decision:1) Estimate payback period:Take a look at how much you earn per user (or post whatever you feel comfortable with). Next, make some projections on the time it will take you…"
Lokesh Parakh replied to Garima's discussion [PapayaPost.com] To launch or not to launch ( A Referral Scheme)
"The cost, though low compared to industry benchmark, needs to be analysed on how it will be monetized and impact the number of users can create :
Monitor: How effective is papayapost.com at monitoring user behavior to direct…"
Garima replied to Alok 'Rodinhood' Kejriwal's discussion Guidelines for Blogs and Discussions to be posted on therodinhoods.com!
"As a new rodinhood i found it a good read, also appreciate the neat and precise flow of this post."
Garima replied to Garima's discussion [PapayaPost.com] To launch or not to launch ( A Referral Scheme)
"Hey Guys....waiting to hear from you !
"
Garima replied to Alok 'Rodinhood' Kejriwal's discussion A dream for me comes true. Also the 5 lessons to learn from it!
"Congrats Alok !
I very well relate to your dream and I am sure these lessons will help me during my journey :)"
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- Just a line or two about yourself! e.g. What do you do? (marketing/content/advertising/entrepreneur/student/homemaker etc)
- Believes in Karma
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- http://www.PapayaPost.com
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- Co founder- PapayaPost.com
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