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previous:Cash App has found success using this strategy to increase its user base and compensate current users for referrals. In addition, free stocks are given out by the well-known investing app Robinhood as compensation for referring new users who open accounts and fund them. Experienced & novice investors have found this to be a compelling reason to encourage others to download the app. Conclusively, a number of refer-and-earn applications provide simple incentives like cash incentives, free stocks, travel credits, and other items.NEXT：From their interests, needs, or demographics, users should determine who would actually benefit from using the app. Increased conversion rates and more fruitful recommendations may result from this focused strategy. It is also possible to enhance the probability that the new user will sign up via the referral link by providing an incentive. Giving prospective new users an additional incentive—a discount, a free trial, or a bonus reward—can improve the offer. RELATED NEWS
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