What Are Promo Codes? Promo codes are a mixture of letters and numbers that make up a specific code. This code can be entered into an ecommerce website to gain discount on a product or service like free shipping. Its a marketing strategy that gives customers another reason to make a purchase.
Generally, promo codes provide discounts. Some promo codes offer cash back on purchases made using the card, which is a common Visa promo code offer. Other codes entitle customers to low interest rates or give a certain number of points, which can later be converted into deals.
Promotional cards are different in that your customers do not purchase them. These are cards that represent a value (you choose what that value is) to the customer. As the merchant, you distribute these card to potential customers in order to attract business or build a promotion.
How does a referral code work?
A referral code is simply a unique combination of numbers, letters, or both which are used as an identifier. Businesses use referral codes for their referral programs. The reason a business uses a referral code is so they can connect the referrals to the people who sent them in.