The Waterloo Coin Society (WCS), whose membership is comprised of collectors from Waterloo as well as other parts of Ontario, is offering a member referral incentive.
“Efforts to entice new members with a promotional discount incentive at our mall days and annual shows in addition to advertising have been quite successful over the past few years helping to ensure our stability,” reads the WCS newsletter for December 2018. “At a recent executive meeting, one of the discussion items was how members could be encouraged to become more involved on a personal level in the recruitment process.”
The WCS executive approved a referral incentive that will see new members referred to the club by existing members receive an instant discount of $5 ($3 for juniors) for their first year’s dues. The WCS will also issue the existing member a card redeemable for $5 off their membership renewal.
“Let’s say you manage to convince a few collector friends and some neighbourhood kids to sign up. If the total value of the cards collected exceeds your annual dues amount, the remainder may be applied to a future year’s renewals provided you have done so prior to the expiry date on the cards.”
Immediate family members are ineligible for the referral bonus, and other restrictions may apply.