TrustRadius: an HG Insights company

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    ReferenceEdge

    Score10 out of 10
    N/ASince 2003, Point of Reference has helped companies leverage customer advocates to fuel business growth and fortify brands. They present technology, domain expertise and supplemental staffing solutions that organize and optimize authentic customer voices. Their product ReferenceEdge is a reference management system. Each component addresses a specific program pain point such as recruiting, data maintenance, customer reference lead generation, customer rewards and metrics.

    $4.50

    per month per user

    Referral Factory

    Score9.3 out of 10
    Mid-Size Companies (51-1,000 employees)
    Referral Factory is referral marketing software for medium-sized and enterprise businesses. It helps teams build and manage branded referral programs, connect with CRM and payment systems, automate rewards, and track referrals at scale without ongoing developer support.

    $200

    per month

    Pricing
    ReferenceEdgeReferral Factory
    Editions & Modules
    No answers on this topic
    Basic
    $200
    per month
    Pro
    $400
    per month
    Enterprise
    $1,000
    per month
    Offerings
    Pricing Offerings
    ReferenceEdgeReferral Factory
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeNo setup feeOptional
    Additional Details—Discount available for annual pricing.
    More Pricing Information
    Community Pulse
    ReferenceEdgeReferral Factory
    Considered Both Products
    Point of Reference
    No answer on this topic
    Referral Factory
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    100%
    Would buy again
    24 Answers
    Delivers good value for the price
    No answers on this topic
    100%
    Delivers good value for the price
    24 Answers
    Happy with the feature set
    No answers on this topic
    100%
    Happy with the feature set
    24 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    100%
    Lived up to sales and marketing promises
    23 Answers
    Implementation went as expected
    No answers on this topic
    100%
    Implementation went as expected
    24 Answers
    Features
    ReferenceEdgeReferral Factory
    Brand Advocacy Tools
    Comparison of Brand Advocacy Tools features of ReferenceEdge and Referral Factory
    Feature
    ReferenceEdge
    10.0
    1 Ratings
    41% above category average
    Referral Factory
    -
    Ratings
    Referral Management10.01 Ratings00 Ratings
    Rewards Program10.01 Ratings00 Ratings
    Reference Request Automation10.01 Ratings00 Ratings
    Best Alternatives
    ReferenceEdgeReferral Factory
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    Influitive
    Score8 out of 10
    No answers on this topic
    Enterprises
    Influitive
    Score8 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    ReferenceEdgeReferral Factory
    Likelihood to Recommend
    10.0
    (1 ratings)
    9.1
    (24 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    10.0
    (1 ratings)
    Usability
    -
    (0 ratings)
    10.0
    (3 ratings)
    Support Rating
    -
    (0 ratings)
    9.1
    (1 ratings)
    User Testimonials
    ReferenceEdgeReferral Factory
    Likelihood to Recommend
    Point of Reference
    Absolutely the best for managing customer references/ advocacy. Comprehensive functionality and attentive and responsive support model, and they don't charge extra to use value-add functionality, such as the automated check-in on reference status, contacts, etc. They know this field and need thoroughly and have thought of everything. Native to Salesforce streamlined deployment and up-leveled cross-company support, and also were my full partner in educating me on how to use Salesforce reporting, which is a valuable professional advantage.
    Incentivized
    Read full review
    Referral Factory
    It is well suited for businesses that need the ability to create good-looking professional referral campaigns within a short time frame and do not have coding experience. I would say it is ideal for perhaps eCommerce site owners and store owners who want to launch referral programs but do not have the resources available within their company to assign a developer or someone with coding knowledge to set up and integrate.
    Read full review
    Pros
    Point of Reference
    • Simplifies and streamlines complex matrixed customer information
    • Enables strategic engagement through easy access to customer reference accounts, contacts, content, and activities they've participated in as well as are interested in participating in
    • Cross-company adoption and visibility through native Salesforce integration
    • Load balancing and protection from over-use/ burnout - critical.
    Incentivized
    Read full review
    Referral Factory
    • The platform is user-friendly with various types of guidance such as chatbot, videos, and articles, to assist the users.
    • Referral Factory provides diverse methods of advertising referral programs, offering templates for a wide variety of industries that users can tailor to fit their brand guidelines.
    • Referral Factory provides a detailed dashboard with key performance indicators to help marketers adjust referral campaigns to maximize conversion rates.
    Incentivized
    Read full review
    Cons
    Point of Reference
    • Ability to pre-populate a 'win wire' with deal info from SF. I believe this is being developed now.
    • Standard organization of 'attributes' so it's easier to break out that report column into per-attribute columns.
    • I like that they have an active Trello board for user suggestions and incorporate requests with each update.
    Incentivized
    Read full review
    Referral Factory
    • The UI needs some improvement to really smooth out the workflows. Overall it's not bad, but could always be better.
    • There isn't good documentation on how to configure and use the solution. It's like they assumed they built to be obvious enough to where anyone can figure it out, but for things that have more nuances, users could really benefit from some tooltips and/or documentation.
    • Pricing is pretty high, it would be nice to have a lower tier so businesses with a small income stream can start to benefit from referral programs.
    Incentivized
    Read full review
    Likelihood to Renew
    Point of Reference
    No answers on this topic
    Referral Factory
    It works so well for us, I really can see us using any other system
    Read full review
    Usability
    Point of Reference
    No answers on this topic
    Referral Factory
    Referral Factory's overall usability is great. The interface was really easy to learn and use and there are also helpful video tutorials if you have any questions along the way while building your new campaign. The process of sharing the referral link is also really easy and Referral Factory provides multiple methods of sharing the link which is a nice feature as well.
    Incentivized
    Read full review
    Support Rating
    Point of Reference
    No answers on this topic
    Referral Factory
    We have been very grateful for the ongoing support from the Referral Factory team who have gone above and beyond not only to help us get set up but have provided great insight into how to optimise our campaign
    Read full review
    Alternatives Considered
    Point of Reference
    We also evaluated ReferenceView from ROInnovation/ Upland. ReferenceEdge from Point of Reference was lower cost for complete functionality, plus their ongoing support model is second to none. SlapFive has great video functionality, which we may use at some point, but isn't a customer reference/ advocacy management platform. And its comprehensive marketing functionality was more than our team needed. ReferenceView was a failure, unfortunately. Way more expensive. limited functionality, and an abysmal support model.
    Incentivized
    Read full review
    Referral Factory
    Referral factory has following features that I find more helpful in achieving my business needs: 1. Customization 2. Data Analytics 3. Ease of setting up and integrations 4. Affordability. As per my experience one feature that really comes in handy in Referral Factory is its integration with my CRM, which allows me to import the customer data i.e. emails, hassle free.
    Incentivized
    Read full review
    Return on Investment
    Point of Reference
    • Faster access to critical customer references
    • 360 degree view of customer engagement
    • Full visibility through comprehensive pre-built reports
    Incentivized
    Read full review
    Referral Factory
    • Referral Factory led to a 30% boost in customer acquisition, translating to a measurable ROI. The incentivized referral programs effectively expanded our customer base, contributing significantly to revenue growth.
    • By fostering customer loyalty through referral incentives, Referral Factory contributed to a 25% increase in CLV. The long-term value generated from retained, engaged customers showcased a positive and sustainable impact on ROI.
    • Compared to traditional marketing channels, Referral Factory demonstrated a 20% reduction in customer acquisition costs. The cost-effectiveness of leveraging existing customer networks for referrals positively impacted overall business profitability and marketing ROI.
    Incentivized
    Read full review
    ScreenShots

    Referral Factory Screenshots

    Screenshot of the referral portal.Screenshot of some of the ways to send out earnable rewards.Screenshot of the referrer dashboard.Screenshot of some of the available reward options.Screenshot of various integrations.Screenshot of the lead dashboard.