Among the many ways to make money on the Internet, projects with referral programs have gained particular popularity. They allow not only to promote young sites and blogs, but also provide themselves with stable passive income for a long time. In this article you will learn what a referral program is, who are referrals and how to make money from them.
What is a referral program
In essence, a referral program is very similar to a financial pyramid, where referrers and referrals are its participants. The main difference is that you do not need to invest your own money in the project, but work actively, fulfill the conditions and invite new participants.
By creating sites based on referral programs, webmasters greatly simplify their optimization process. After all, users themselves will be engaged in promotion, actively inviting new visitors.
Nevertheless, referral programs benefit both the founders of the project and its participants. After all, the more active users, the more potential advertisers become and the budget increases. And active referrals are the main engine of the Internet project and a way of earning money for referrers.
Who are referrals and referrers
Referrals are participants of the referral program who have registered in it through an invitation link. The person who invited the referral is called the referrer.
An active referral is a member who not only makes money on the project, but also invites new users to his team. Active participants can bring huge profits to both referrers and the system itself. For example, a user of an active advertising service (box) per day can earn a maximum of 1-2 dollars for viewing advertising pages. But if he invites dozens of referrals who will also view ads, then his earnings will increase several times. Indeed, for each attracted user, the axle box pays money and a percentage of its work.
Examples of referral programs
Referral programs can be found in many online projects. For example, the most popular runet box Seosprint, referrals of which can bring their referrers a good income. The main thing is to show daily activity, view advertising pages and complete tasks. It is also necessary to ensure that every referral earns daily.
Warface is a well-known online game that also has a referral program. And in it, too, you can earn. To participate in the project, it is enough that an interested referral is registered via a special link. Warface is a multi-level game in which to move on and receive bonuses is possible only with the involvement of new people.
You can also earn on referrals on reviews sites, where everyone wants to share their opinions on purchases and services. A referrer on such a site has the opportunity to receive 15% of the referrals earnings. With an active invitation of people, you can not even write your own reviews, but simply receive passive income from the work of participants.
How to attract referrals
In order for the referral to come to the project, he must register using the referrer's invitation link. You can distribute such a link absolutely free in several ways:
- Through social networks (create a group or send a link with an invitation to all friends).
- Through the forums about making money on the Internet.
- Through bulletin boards.
- Through a personal blog or website about making money online (on a free hosting).
The main thing is that the distribution of the link does not look like meaningless spam. With the right and unobtrusive approach, people who want to make money on the Internet will be willing to register by invitation link.
However, to earn money on a referral program, registration is not enough. Invited users need daily activity. After all, referrals are living people, and the human factor in the form of laziness or lack of time is not alien to them. Therefore, if you decide to start making money this way, get ready to work pretty well.
How to keep referrals
Referrals are customers who are quite volatile and dynamic in nature, so the main task of the referrer is to keep them on the project.
To earn money on the box with a referral program, you can arrange regular contests with cash prizes. For example, which of the invited users will see the most advertising pages in a week, will receive a prize of $ 10. It would seem that a very small amount. But since the majority of students and beginners in the field of online business are among the bookbox participants, even for such a payment the activity will noticeably increase.
The Seosprint box, referrals on which bring very significant income, provides an opportunity not only to watch commercials, but also to perform paid tasks (registration on forums, subscription on social networks, repost). The referrer can take advantage of this and organize a competition for the largest number of completed tasks per day.
It is important to constantly communicate with new users and offer your help. Perhaps inactive participants simply did not understand the interface of the site or cannot withdraw the money earned. Having explained the nuances, the referrer will earn a good reputation among his referrals and will be able to increase their activity on the project.
How much can you earn on referrals
Experienced referrers earn from the activity of their referrals from 200 to 500 dollars a month. However, to reach this level of earnings, you will have to work for more than one month, actively distributing your invitation link to the vastness of the Web.
If financial opportunity allows, you can invest your own money to buy or rent active referrals from other users. After several months of work, all invested money, as a rule, pays off twice.
Referrals are an excellent source of income on the Internet today, but for high earnings, the work of inviting and motivating new members should take place regularly.