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Old 07-01-2009, 02:47 AM   #1
mema20096 is enjoying FreeLunchRoom!
 
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Paying For Referrals

How much should you pay referrals? Should you just divide the payout in half?
 
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Old 07-01-2009, 08:45 AM   #2
monksmom is looking forward to more..and you? :)
 
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Re: Paying For Referrals

That's definitely the baseline - 50%. Now, as the number of traders has grown here and many who had wandered off are now slowly returning, you will find competition will continue to steepen, thus you may find the need to develop some sort of special or bonus pay or even an increase over that 50%:)

The bottom line is to do what is comfortable for you and your paypal account:) Always make sure you've enough funds available for a couple of referrals at once. That way, you shouldn't get caught without funds to pay your referrals while waiting for a cashout from a site, which can take up to 24 hours:) Pick a starting point, give it time and give yourself time to establish some sort of reputation here on the forum...then gauge how comfy you are with where you are and go from there:)
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Old 07-01-2009, 08:46 AM   #3
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Re: Paying For Referrals

This is your business and it's entirely up to you. General rule of thumb is half. So, if it's a $40 site you would pay someone at least $20. But again, it's up to you. You can pay bonuses, you can pay higher on other sites. The sky is the limit!!!
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