What factors should be considered when designing a referral program?
A quick insights from research paper - "I Will Get a Reward, Too: When Disclosing the Referrer Reward Increases Referring" by Authors Minzhe Xu, Zhihao Yu, and Yanping Tu
25 years of loyalty, replaced by a line in a spreadsheet.
If you think AI won’t replace you, think again.
Companies don’t reward dedication. They reward efficiency
Many apps are designed to stimulate dopamine release, the brain’s "reward chemical," which reinforces behaviors that feel pleasurable.
Likes, comments, messages, and news updates create a cycle of reward-seeking behavior, making it hard to stop.
There are many people who have not been recognized by anyone but have donated their money, time, knowledge and skills in substantial amounts. whom we consider as real social workers who did not work for any financial help or reward.
They could be a