Reward referrals with e-gifts and Stripe discounts                                                                                                                                viral loops SEND GIFT CARDS WITH TREMENDOUS, USE STRIPE FOR COUPONS AND ACCOUNT CREDIT Referrer rewards 5 . _ wee BPZ - stripe + 15 $50 Referrals ' TREMENDOUS + Invitee reward Reward Name $20 Off First Order In July 2024, we released a new feature called the Viral Loops Rewards. It aims to connect Viral Loops with reward providers to let any business run referral campaigns with advanced rewarding schemes without having to manually distribute the rewards for referrals or set up complicated flows with code and APIs. At the moment, Viral Loops Rewards connects with Tremendous for e-gifts and Stripe for account coupons and credit. Learn more and try it →    WHY WE MADE IT    Viral Loops has been helping businesses build referral programs since 2016. Over the years, we've noticed a common pain point: the manual distribution of rewards. This process was time-consuming and often prone to errors, especially as referral programs scaled to more than 2000 participants. So far, one had to check their referral marketing software about who deserves a reward, then go to another system, find that person, and send them the reward manually. Small companies waste time and big companies invest a lot in automating. Both risk erroneously  rewarding particiapnts. After talking with many customers, we realized that a new solution was needed. Businesses wanted an automated process for  reward distribution to focus on optimising their campaigns rather than getting bogged down in logistics. It started as a simple idea. Add a button within the Viral Loops dashboard labeled “Reward this person” and when pressed, a predetmined reward to be given to them.  We found that egifts and account credits have been some of the most popular referral rewards among Viral Loops campaigns and we set out to build integrations with the top providers of both.    HOW IT WORKS    Viral loops rewards is built around two main integrations: 1. Tremendous: This integration allows for automatic distribution of e-gift cards and other digital rewards. 2. Stripe: Through this integration, businesses can offer coupons and discounts as rewards to their existing clientele managed through Stripe so the rewards can feel already applied to their account. After a Viral Loops campaign goal is reached and that person qualifies for a reward, you can forward a reward to them with your preferred platform by pressing an approval button. That can be either for every referral or when a referral milestone is reached. Viral Loops Rewards Ref Provide Your eferrer sharing link business Reward Share sharing link Your approval Invitee Step 1: Set up  rewards and conditions The first step to setting up Viral Loops Reward for your campaign is to decide what people get and what is required to get it, within your  Viral Loops campaign settings. With this you configure the rewards you want to offer the referrers, invitees, or both. Step 2: Assign a fullfillment platform and item to each reward With the campaign settings sorted, you can connect a platoform and a corresponding “actual” reward to the ones set as campaign rules. Navigate to the Viral Loops Dashboard of your campaign, and go to the Rewards Management tab. Then you can follow the steps in the Rewards Distribution table to connect your platform(s). Dashboard Rewards Management Reward configuration C Refresh Connect _ Type Name Platform Assigned reward Invitee Reward Invitee Tremendous V' Physical Visa v usp v 5 Confirm Constant Reward Constant Tremendous V' Physical Visa v usD v 10 Confirm Milestone 1 Exclusive Perks Tremendous v Physical Visa Vv usD v 50 Confirm Milestone 2 Sticker Pack Tremendous V' Physical Visa v usD v 75 Confirm Milestone 3 Coffee Mug Tremendous v Default V| | EUR v || 100 Confirm Milestone 4 Hoodie Tremendous V' | Physical Visa V| usb Read press release Try it now → May all your endeavours be successful, —Nik Filosofof Head of Growth at Viral Loops Sent to: [email protected] Viral Loops Technologies Inc., 422 Richards St, Suite 170, Vancouver, BC V6B 2Z4, Canada