Digitally Amplifying Word-Of-Mouth
Locorum generates more referrals for businesses who rely on word-of-mouth.
Our system is simple, fast, and easy to use.
Manage, track and incentivize action.
Customers are 400% more likely to send referrals when they earn a reward. Our platform features allow you to setup, budget, manage and market your referral program to 4x the referrals your business receives.
You Control the Budget
Setup a custom referral program and have full control over your program budget, terms, perks and when you payout rewards.
Send Client Loyalty Gifts
Use our card tool to send custom branded loyalty gifts to referral partners and clients in under 90 seconds.
We reward your customers after they leave you a review so accumulating reviews goes on auto-pilot.
Custom landing pages and link experiences generate trackable referrals for your business and automatically reward clients with your approval.
Track referral sources, grow your database, never miss another referral again and use Locorum to run referrals like a marketing campaign.
Get Marketing Support
We provide marketing content and automations tested by hundreds of companies to maximize your program engagement.
World Class Rewards
79% of consumers are more likely to make a purchase when they can earn a reward.
Locorum has partnered with Mastercard® to allow you to run a world-class rewards program and enable your clients to spend rewards anywhere in the world that accepts Debit MasterCard. See what leveraging the power of a trusted brand can do for your rewards program.
Digital programs for offline businesses
Real Estate Agents
Developers & Home Builders
Qualified leads that already trust you convert at 90%
Real estate agents can use Locorum to build client loyalty and accelerate referrals. Most agents we work with get up to 80% of their business from referrals but feel like they could be doing more. Locorum runs referrals like an enterprise level digital marketing campaign and automates the legwork of nurturing new referrals from your database.
If you're working internet leads, you're converting 1-3% and facing fluctuating ROI each month. On Locorum you have full control over your cost of acquisition and referrals convert at 90% because the customer comes in trusting you.
Use Locorum to send closing gifts, home anniversary gifts and automatically add client to your program. Plus, get guaranteed reviews, and grow your database using the network effect.
Drive leads directly to your sales team and save $16-25k per sale
Most builders we work with are incentivizing buying agents to bring their sales team deals and doing almost nothing to build a referral engine and increase brand loyalty within their existing network. This is because was never a system to manage it and in-house programs are prone to scams and can devalue the brand.
Builders (including developers and rental developers) can use Locorum to tap into their database of past clients and build an internal referral engine for new sales. Drive A-buyer leads that already trust your brand at a fixed cost that you control.
Locorum allows you to track the source and approve each referral to eliminate program scams. On average direct leads can reduce selling costs on average by $16,000 per sale.
Compete with big-bank incentives and get leads who trust your expertise
Mortgage brokers rely on referrals from real estate agents, financial advisors and other customers. Most of our partners see 80%+ of their business generated through referrals but rely primarily on good service to continue the flow.
Locorum helps you turn your database into a referral engine by incentivizing past clients to refer friends. This is a proven strategy with an average increase of 400% in referral business.
Plus, you can use our rewards tool to increase your conversions on new leads, easily managing incentives and rebates. Referrals come into your funnel with a high-degree of trust and convert at 90%.
Quickly reward referrers and attract trusting buyers
Automotive sales rely on referrals and typically pay our fees with cheque, e-transfer or other cumbersome methods. Use Locorum to easily manage referral fees with partners and issue rewards on a single, reloadable MasterCard.
Our program lets you track sources, confirm deal completion and automatically rewards referrers based on the budget you set.
Want to use Locorum in another industry?
Locorum has been used by companies to manage internal incentive programs for referrals. We've also support use cases by contractors, lawyers and a variety of other service based businesses.
Reach out to our sales team and we will assist in finding the right solution for your business to start generating more referrals.
Setup to launch in under 2 hours
Need to increase customer loyalty, conversions and referrals? It takes 4 steps on Locorum.
Choose your budget and setup your referral program terms and landing page.
Use our strategy playbook to set a marketing strategy that suits your business.
We provide strategy content and automations to introduce the referral program to your network.
Your account manager will regularly review and adjust strategy with you to ensure the program is achieving maximum results.
What are the legal implications for Realtors?
Realtors in each province (and state) face different legal regulations around referral marketing. The key element for Realtors is Locorum is a fully-managed program, meaning you do not ever reward the client directly. The client is rewarded for actions taken on the platform. We provide end-to-end management of the programs and you pay us for the marketing we do. Rewards are not tied to closing or real estate contracts. Please contact our team for specific information related to your area of operation.
You can read more about regulated industries here.
Does Locorum share my database?
Locorum will never share your database contacts with anyone except the digital marketing channels that you authorize. Client information is securely managed and secured to individual user accounts. Your clients will never been seen or shared with other businesses using the platform.
How much time will this take me?
Setup to launch = 1.5 hours
Locorum will assist you setting your budget and program parameters. This is as simple as filling out a form and our sales team will walk you through each step. This takes about 20 minutes.
Once your program is live, our team will work with you on a marketing strategy that tailored your business based on our experience with over 300 companies. You will spend approximately 1 hour launching marketing to engage your database.
After the program is launched, we will let it run and check in with you frequently to monitor success and make changes to strategy as required.
How long has Locorum been around?
Locorum was founded in 2019 as a marketing company and over the past three years has evolved into a leading edge software solution and marketing suite.
Where can my clients redeem rewards?
Locorum partnered with MasterCard to deliver a best-in-class redemption experience. Your client receives a personalized, reloadable MasterCard and they can use it anywhere that accepts MasterCard.
Over 90% of consumers prefer cash over points... or gift baskets.
Does it cost my clients anything?
No! If you send gift rewards or your clients receive a referral reward it doesn't cost them anything. No activation fee and no fees when they use the card.
The only time they are ever charges is if the card has a balance and is inactive for a period of over 6 months, there will be a $2.50 charge.