Paying For Referrals - FreeLunchRoom - The #1 Freebie Trading Forum on the Internet!

mema20096 · 07-01-2009, 02:47 AM

How much should you pay referrals? Should you just divide the payout in half?

monksmom · 07-01-2009, 08:45 AM

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:)

kandykis1006 · 07-01-2009, 08:46 AM

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!!!

07-01-2009, 08:45 AM	#2
monksmom monksmom is looking forward to more..and you? :) User is Offline TR: 398 / 100% Status: Power Poster Join Date: Dec 2007 Location: MO! Learn/EARN~Patient Mentor ~ Friendly~PM Anytime, always ready to help! Posts: 13,620 Blog Entries: 12	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:) __________________ Strong, Patient, Mentor LEARN Right = EARN Big $$$ Weekend special! Bigcash.znz=$50. 80.prizefast=$60! Wow! Need Help Yahoo - momofmonkey -->>PM anytime! New Folks & the Rules Simple Trader Rules Quick Rule List-->All Rules<--

07-01-2009, 08:46 AM	#3
kandykis1006 kandykis1006 is Available! User is Offline TR: 1019 / 100% Status: Purple Kisses Join Date: Feb 2008 Location: New York - Over $25k in 2009 so far! Made $64K in 2008! Posts: 12,074 Blog Entries: 1	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!!! __________________ PAYING 100% ON MONEYBONANZAS SITES I Grossed $89k Since Feb '08 - See it Here $5 BONUS on ALL Sites After First GREEN With Me AIM: kandykis106 ~ YIM: kandykis1006 ~ PM Me To Get Started -----> View My Thread <-----

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07-01-2009, 02:47 AM	#1
mema20096 mema20096 is enjoying FreeLunchRoom! User is Offline TR: 7 / 100% Status: Lunchables Join Date: Jun 2009 Posts: 15	Paying For Referrals How much should you pay referrals? Should you just divide the payout in half?