Verizon, one of the biggest internet service providers in the country, has implemented a strategic approach to stay ahead of the competition and attract new customers while retaining existing ones. Its customer-centric Verizon Referral program offers savings of up to $2,160 in a year!
The Verizon Referral program rewards customers’ loyalty and offers simplicity and ease of use to ensure everyone can participate without hassle.
Let’s discuss this referral program and see how you can benefit from it.
Verizon’s ‘Refer a Friend’ Program
Verizon understands the value of personal recommendations and has crafted its ‘Refer a Friend’ program to capitalize on this powerful marketing tool. The Verizon Referral marketing program encourages existing customers to promote the mobile service to their friends and family. The company achieves this by providing the referrers and referees numerous benefits and incentives.
At first glance, the scheme seems very basic and outdated. However, it has proven to be an effective marketing technique. Referrers get up to 10 unique referral codes to share with friends and family. The reward is for each of the used codes. Referees, on the other hand, also receive benefits when they use the provided codes.
Benefits of the Verizon Referral Program
The Verizon Referral program offers significant benefits to both referrers and referees.
Monthly Bill Credits
The Verizon Referral program offers a benefit in the form of monthly bill credits. When a friend successfully switches to Verizon Wireless using your referral code, you and your friend can earn $15/month for each activated line.
So, the referrer and the referee can save up to $180 each in one year. It results in significant cost savings when added to the low bundled prices of Verizon Internet and Mobile services.
Multiple Referring Codes
It is the most exciting feature of the Verizon Referral program. The company provides up to 10 referring codes to the referrers (existing customers) and allows the referees (new customers referred by a friend) to use up to 12 codes.
It means that for every new code and line, the referrers can save up to $1,800 each year. And it gets even better for the referees as they can save $2,160 in the first year for referring Verizon Mobile service to 12 friends.
Network Trial
Verizon offers a unique opportunity to try the most reliable 5G network in America for 30 days, completely free. It allows potential customers to experience the network quality before fully committing, and if they switch, they will still receive their referral bonus. It is a no-risk proposition to test-drive the network capabilities.
Eligibility Criteria
Both parties must meet the specified eligibility criteria to participate in the Verizon Referral program.
Referrers:
- To get the benefits, you should have a metered phone plan, an active postpaid Verizon Unlimited, or an Unlimited connected device plan.
- The plan is available for consumer accounts only. You are not eligible for the program if you have a business account.
- The referred account must remain active for 12 months to get the full benefits of the program.
- Verizon employees or any other agents who are compensated by Verizon are not eligible for the Verizon Referral program.
Referees:
- To be eligible for the program, you must sign up for a Verizon Unlimited phone plan online (postpaid).
- Only consumer accounts are eligible for the referral program. Business accounts do not qualify.
- You must be a new Verizon customer and switch your phone number (port it) from another carrier to Verizon. This number cannot be on the Verizon network for the last 90 days.
- To get the full benefits, the line must remain active for 12 months. The benefits will not continue if you terminate your line.
- Individuals employed by Verizon or third-party companies who receive compensation for selling Verizon services are ineligible to participate in the referral program.
General Eligibility Criteria:
- Both referrers and referees must be at least 18 years old.
- Referrals must be completed electronically through the My Verizon app or the Verizon website.
- Verizon Referral codes are unique and expire after a set period (usually 60 days).
How Does it Work?
The activation process for the Verizon Referral program is simple and can be completed within a few steps. Let’s discuss this process in detail.
Generating a Referral Code
Existing Verizon customers can access their My Verizon account and navigate to the “Refer a Friend” section. This section allows them to generate unique referral codes, which can be shared with friends and family.
Sharing the Referral Code
Referrers can share the referral codes electronically via email, text messages, or social media.
Referee Uses the Verizon Referral Code
The referee then uses the Verizon Referral code sent by the existing customer (referrer) during the signup process. It ensures both parties benefit from the referral.
New Customer Signs Up
The referee completes the signup process for a new Verizon Unlimited postpaid line, given that they meet the eligibility criteria.
Activation and Minimum Service Period
The referee activates the new line and maintains service for the minimum required period (usually 30 days) as specified by the program terms.
Reward Distribution
Once the line is active and meets the minimum service period requirement, the referrer and the referee will start receiving their respective monthly bill credits within 1-2 billing cycles.
Conclusion
The Verizon Referral Program is a win-win situation for both existing and new Verizon customers. By participating in this program, you can save money and enjoy the best wireless service. You can also help your friends and family get the same benefits and improve their wireless experience. All you need to do is register for the program, share your referral link or code, and receive your rewards. It’s that simple and rewarding.
