Panel Member Resources

m-panels Referral Opportunities

m-panels offers multiple referral programmes that help panel members share their healthcare market research experiences with their colleagues and social network. By sharing their experiences and inviting other healthcare professionals to register and take part in paid medical surveys, they can earn extra income.

In this Referral Guide you will learn about what a referral programme is, how it works, and what you need to do to participate in a referral programme with m-panels.

What are m-panels Referral Programmes?
How do Referral Programmes Work?
5 Steps to Start Referring with m-panels
How Much Money Can You Earn with Referrals?
3 Strategies to Maximise Your Referral Profits

What are m-panels Referral Programmes?

A referral programme is a system that incentivises people to recommend (also called referring) products and/or services to people they know, family, friends, colleagues, and social networks. Referral programmes in healthcare are especially dedicated to people working in healthcare such as physicians, nurses, dentists, hospital administrators, and all other healthcare personnel.

If you’re already using and benefiting from a product or service that you genuinely believe in, participating in referral programmes offers a great opportunity to earn extra money.

Our referral programmes offer a profitable opportunity, particularly for busy healthcare professionals seeking flexible ways to earn passive income.

How do Referral Programmes Work?

It is important to note that referral programmes can vary across businesses in terms of incentives, criteria, and overall setup. However, they usually have a similar structure. Here’s how referral programmes typically work:

Referral incentives and rewards: The company offering the referral programme defines the incentives or rewards that participants can earn. These rewards can vary but commonly include cash, discounts, gift cards, free products/services, or exclusive perks.
Unique referral link: Each participant in the referral programme receives a unique referral link they can share with their friends, family, or social network. This link is essential as it helps the company track the source of the referral.
Sharing the unique referral link: Participants then share their referral link with their network through various channels such as email, social media, messaging apps, or in-person conversations. They may also promote it on their personal blogs or websites if applicable.
Referral registration: When someone receives a referral link, they use it to access the company’s website, app, or platform, ensuring the referral source is attributed to the person who recommended them.
Referral tracking and attribution: The company’s referral programme software tracks the referral activities and attributes them to the appropriate participants. This helps determine who referred whom and if they meet the programme’s requirements for earning rewards.
Referral payment and reward fulfilment: Once a referral meets the programme’s criteria, such as registering, making a purchase, or completing a specific action, the referring participant becomes eligible for the payment or reward, which is then fulfilled by the company according to the terms and conditions agreed upon.

5 Steps to Start Referring with m-panels

Register to the m-panels here.To be able to take part in our referral programs, you first need to be a panel member and get verified as a healthcare professional.
Start participating in paid healthcare market research studies within your medical profession and medical specialty. The purpose of being a panel member is to take part in paid market research studies to help influence healthcare developments. Before referring, it´s important you have your own experience to be able to genuinely recommend your colleagues and network to do the same.
Receive your unique referral link via email, SMS, or through your profile account. Our members get referral opportunities sent out to them via email, SMS, or directly on their member account under “Referral Opportunities”.
Start referring by sharing your unique referral link with your colleagues in healthcare and social network. While inviting them to register to the panel, you may share your own experience of taking part in paid healthcare market research studies with us and what you think the benefits are. It is considered a good practice to mention this is a paid partnership.
Get paid via your Digital Wallet. Each referral programme has different terms and conditions depending on what type of campaign it is. Make sure to carefully read through the terms and conditions in the referral programme you sign up for. The referral fee will be processed via your Digital Wallet on the date that is stated, upon which you can select your preferred payment method.

How Much Money Can You Earn with Referrals?

The amount of money you can earn through our referral programmes varies depending on several factors, including who you are asked to refer (profession and medical specialty), for what purpose (registration or research projects), the duration of the referral campaign (short-term or long-term campaigns), geographical area, and seasonal demand.

Some of our referral programmes do not have a reward cap, which means that you can earn limitless profit, depending on your own efforts and network capabilities. Other programs have a cap, which means that once you´ve reached a certain amount you are not able to earn more for that particular referral campaign. The latter is rarer and often applied when referring people to participate in specific healthcare market research studies where the quota sampling for the research is limited.

Similar to other industries, the price of healthcare referrals follows the basic principle of supply and demand. Specialised physicians, who are in high demand and fewer in number compared to other healthcare professionals, tend to receive the highest compensation for their referrals. This is because their expertise and limited availability make their referrals more valuable in the market.

The best way to find out how much you can earn with m-panels referral programs is to become an member and check out your referral opportunities in your account or keep an eye out for any referral opportunities sent to you via email.

3 Strategies to Maximise Your Referral Profits

Here are the three best referral strategies to maximise your referral profits:

Understand the Referral Programme

When participating in referral programs, it’s crucial to optimise your referral profit by considering the following points:

Familiarise yourself with the terms and conditions of the referral programme before getting started. Understand the specific healthcare professionals you’re expected to refer, the timeframe, and the associated compensation. Choose a programme that aligns with your network and profit expectations.
Check if there are any additional rewards or bonuses for referring a certain number of people. Set a reasonable and motivating referral target for yourself to work towards.
Clearly communicate the expectations to the individuals you refer. Make sure they understand what actions they need to take for you to receive your referral reward. Provide them with clear instructions when inviting them to join.
Ensure you share the correct and complete unique referral link with your network. This ensures accurate tracking of referrals and that rewards are attributed to you appropriately.
Offer support to your colleagues and network throughout the process. Be available to answer any questions they may have about what they need to do to participate successfully.

Build Personal Experience

To refer healthcare professionals to m-panels successfully, begin by actively participating in paid healthcare market research studies relevant to your medical profession and specialty. By gaining personal experience and first-hand knowledge of the advantages of being a member, you’ll be able to authentically recommend the platform to your colleagues and network.

Next, identify individuals in your network whom you believe would benefit from participating in paid healthcare market research studies and send them personalised invitations to join the panel through channels where they are active and find convenient. This could be through email, WhatsApp, social media messages, phone calls, or in-person.

Leverage Social Media for Passive Income

Utilise social media platforms, blogs, or healthcare forums to generate passive income through your unique referral link. Maximise your profit potential by creating content that prompts passive income.

Here are a few examples:

Include the unique referral link in your social media bio and provide relevant information.
Create a captivating image with accompanying text, including your unique referral link, and pin it to the top of your profile or page.
Share a story or create a quick video about your experience and tag relevant individuals.
Write an article discussing your personal experience and how your network can benefit from joining.
Place your unique referral link in suitable forums frequently visited by the professionals you are trying to reach.

Remember to transparently disclose this is a paid partnership and express your genuine belief in the platform when promoting it to your network.