Last reviewed: 8 May 2025
Quick answer: The median referral conversion rate for eCommerce brands in 2025 is 3 % – 5 %. Top‑quartile programs crack 8 %+. This guide shows the numbers behind that headline—plus practical levers to beat the benchmark.
Benchmarks keep goals realistic and experiments focused. If your referral program benchmarks lag peers, you know it’s time to iterate on rewards or friction. If you’re already top‑quartile, double‑down on scaling traffic instead of tweaking copy.
Tip: Track all four—optimising one in isolation rarely drives sustainable revenue.
Across 3,200 Shopify and WooCommerce stores (ReferralCandy dataset, Q1 2025):
Bookmark: Top performers almost always pair cash‑equivalent rewards with friction‑free redemption.
Want a snapshot? Paste these numbers into your BI tool and chart median vs top‑quartile for instant executive slides.
Below are verified 2025 median referral conversion rates from our merchant dataset:
Use these figures to benchmark your own program. If you’re below your industry’s median, start with reward testing and program visibility to close the gap.
What counts as a conversion?
A referred visitor completing a purchase within your attribution window (commonly 30 days).
Is 5 % CR “good”?
It’s above the 2025 median. Target 8 % to join top performers.
Do subscription products skew higher?
Yes—predictable value boosts trust, typically adding 1.5 pp – 2 pp to CR.
How long until I see improvement?
Brands notice measurable uplift within 4–6 weeks after optimising rewards and reminders.
Should rewards be cash or discount?
Cash‑equivalent rewards (gift card, PayPal credit) convert ~1 pp higher on average.
Raúl Galera is the Growth Lead at ReferralCandy, where they’ve helped 30,000+ eCommerce brands drive sales through referrals and word-of-mouth marketing. Over the past 8+ years, Raúl has worked hands-on with DTC merchants of all sizes (from scrappy Shopify startups to household names) helping them turn happy customers into revenue-driving advocates. Raúl’s been featured on dozens of top eCommerce podcasts, contributed to leading industry publications, and regularly speaks about customer acquisition, retention, and brand growth at industry events.
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