Referral program
Introduction
Users often wonder why a referral program is needed and whether it is a waste of money. Perhaps it would be better to put them into circulation?
Let's try to understand this issue using the example of the MOBYBRIDGE Platform.
On the one hand, part of the working capital is spent on payment of obligations under the Referral Program. And of course, this reduces the newly acquired working capital. It would seem that this is an unreasonable expenditure of targeted funds and Investors should be concerned.
But, let's look at it from the other side. In order for the platform to function successfully, it must gain a certain amount of investment. It is worth recalling that the Platform earns a small percentage of each exchange on the Service cryptobridge24.com where Investors' funds are used.
In order to receive a sufficient amount of investment, it is necessary that a large number of potential investors find out about the Platform. And there are two ways here:
1. Promotion through advertising:
- Placing the Platform in the first lines in popular search engines, by keywords, without paying for search services: long and most likely unattainable.
- Advertising in popular search engines: very expensive, minimal conversion, efficiency close to zero and due to this huge expenses per unit of an active Investor, often exceeding the entire probable income of the Platform from activities using Investor funds.
- Advertising on Social networks and through Bloggers: huge instant costs, low probability of hitting the target audience, small response and as a result, high cost of Investor entry.
2. Promotion through Word of Mouth
For this method of promotion, it should be noted right away that it is used not so much by marketers, but is naturally used by consumers of goods and services themselves of their own free will.
There are potentially interested reputable Partners on target forums, and they are invited to test the Platform, understand the mechanism of work and how interesting it may be for other Investors.
In fact, a contract is concluded with each Partner with piecework wages, where its result is an Investment in the Platform, and not just clicks, as in search engines.
If we compare these ways of promotion, the second method has absolute advantages, which is more efficient in terms of costs for useful transitions. And if you calculate the total costs of the first and second methods, the second one turns out to be much cheaper.
Learn more about the MOBYBRIDGE Referral Program
The referral program takes into account Investors up to the 3rd level, which allows you to significantly increase the income of Partners due to a large Referral structure.
It is worth dividing the reward for the Referral program into three separate groups.
1. Remuneration for the amount of investment
There is one general rule for all pools: this remuneration is not charged for investments of less than 50 rubles.
For investments of more than 50 rubles, a one-time reward is provided, depending on the level of the referral and the pool in which the investment was made.
2. Remuneration for working time
We do not hide that it is more profitable for the Platform to attract long-term investments, and from the point of view of costs it is more profitable to work with existing investors than to pay the costs of new investments.
In this group, remuneration is accrued daily as a percentage of the net profit received by the invited referral for the entire duration of the Investment.
3. Remuneration for the total investment in the Referral structure.
This group takes into account the total amount of investments in any of the pools in the Referral Structure at all three levels.
Upon reaching a certain turnover, the Partner receives a one-time reward to the Balance of the Platform and a Multicoin-pool slot with a unique collection of NFT.
Detailed information can be found on the Referral Program page in your personal account.
Sincerely, MobyBridge
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