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  • In addition to receiving rewards for referring new users to the platform, users can earn cashback on purchases they make. With the help of the rewards program Swagbucks, users can earn points for doing surveys, watching videos, shopping online, and more. Users who refer others to the platform will receive rewards in addition to being able to exchange their points for cash or gift cards. Airbnb is a well-known travel booking platform that has a referral program that gives travel credits to both the referrer and the new user. These are just a few of the numerous refer-and-earn apps that are currently on the market; each one provides users with special incentives and prizes.
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  • In order to increase customer base size and encourage user engagement, businesses have been using Refer & Earn programs as a marketing tactic in recent years. These programs work on the simple premise that users receive a special link or code to share with their contacts. A predefined reward, which could be cash incentives, product discounts, or freebies, is given to both the referrer & the new customer when they sign up using this referral information.