Bitcoin Forum

Currently have a referral program 30% commission  https://cashisav.store/pages/register-affiliate-account (https://cashisav.store/pages/register-affiliate-account)  .Currently selling on the site Games, Books, Clothes, Toys & Much More With Great prices . Crypto will be integrated shortly. Can only ship with the EU and North America dud to covid at the moment

Just curious if we were to have our own token just wondering if people would promote it with a referral program instead of a  bounty? Since bounties are really useless at raising funds are even bringing in customers which would be the main goal.




Ps what do you think of a mini bounty These would be a sample of the rewards?
Ways to earn
Twitter follow
10 Points
Refer a friend
100 Points
Instagram follow
10 Points
Like page on Facebook
10 Points
 
100 points = 1 euro

The referral program is only really useful for someone as a community leader or influential people. People trying to get referrals "honestly" are very difficult. And most of them cheat plus a weak system to find cheating.

Referral program is really working as terms of advertisement than bounties I am also one the person doing a referral promotion before.

But if you can't make it available for every country then its hard for users to refer more friends since they live in different country ..
Referral will only work if they can sold the tokens you are offering for themin exchange for every friends refer , if there is no value for that tokens I don't think someone will waste thier time promoting it. So the first thing you need to do is to make it available in the market.

It is not a bad concept. But the point is if you are going in for affiliate marketing, it is much more difficult comparing to bounty campaigns, heck these are two completely different things.

The modern name of affiliate marketing is "Influencer" - they promote projects and their products to people they have already brainwashed to watch their content. Now this can be useful of course for the owners and the marketer. They generally put in a lot of effort in making their content and put that out on social media and gain a genuine followership.

However bounty hunters are nothing but people who are mainly from low income countries and are willing to do some social media spamming to get paid some shitcoins. They are not comparable to the above.

However you might find such users in this forum too willing to help you out but dont expect ex-bounty hunters to help you out.

You can always promote your shop and go with the referral program. This is more of the guaranteed sale rather than running a bounty that you have no idea how much sale you'll get on it. Although, it's proven and tested that you get more visibility through a bounty.

But if you only have a specific area of operation, you need to run a bounty that's targetting the geographical location as exact as your operation. IMHO, just stick to the referral program even without having your own token. I think it's not necessary at all.

i don't interested in any of refferal program. It's all wasting your time only by adverstise your site and no one would even joined under your reff link. Refferal income would be worth if you have someone or grup who always active buy or sell through your reff link. Even if you have bunch of people joined, then when all of them haven't active again, you won't get anything

That the thing is very hard to restrict bounties. People will use a VPN etc. Good advice to stick to the referral program for now. Maybe a real small bounty a few months down the line .

Referral program would be a better option and yet 30% commission isnt something that you can see it on everyday.Theres no need to create token or something like that since
you do already have actual or working businesses it isnt necessary imho.

When it comes to marketing then just do the casual stuff for advertisement. Focus on ads/banners and i cant just see on whats the use of bounty into these kind of business.

Just make it sure that you are adverting on both crypto and traditional market place since your product is based on games,books and other essentials.
If price are that low or better compared to others then you might get some attention.

Referral program is good but the problem is referring people to join in a program is hard. Maybe i will stick in doing bounties instead of referring others.

The only thing is advertising is expensive and does not get results right away. Trying at the moment to get the people who purchase from me on eBay to check out my new store with a welcome letter when they receive their goods and a discount if they purchase directly from my store.Also, you're competing with the likes of eBay amazon for the same advertisement place which you're going to lose 100% of the time.So that why I trying to getting as many words of mouth referrals and sales as I can at the moment.

I would prefer the referral program to expand your business instead of bounty and as you mentioned before bounty not really bring the real customer, most of bounty hunters are just spamming to fulfill their tasks and receive their rewards which I pretty sure they don't care about what will happen to the project later. Having it with a 30% commission is pretty alluring for some affiliate marketer to join in I guess and I would suggest advertising your business through an influencer/content creator in your area.

Is it possible to get the rewards in stable crypto currency like USDT.

What you plan or requirement you will ask for users to be able to receive rewards after they are inviting friends to register under its referral link .( they need to order first ?)

Will you ask for KYC or other verification method just to confirm that the users is real person and not just person referring it self?

I prefer the likes  dogecoin digibyte it fast fewer fees, etc and u can convert to whatever u what pretty easy

Unless they make a purchase there no payment. U can refer 10000 people unless they making any purchases u won't be getting paid. It's quality over quantity.


Their no KYC .If I a getting an order and they figure out a way to get 30% discount more power to then

thanks for supporting crypto   . We need more markets like this that accepts crypto because there still less of them but it was sad to hear that you currently support two countries at the moment  . if not because of covid you will expand your supported countries and many people will be attracted to this .

Anyway , bounties are not useless but it brings a good result somehow and there will be no bounties till now if bounties are not a way to attract people . There are also referral included on most bounties and airdrops but some are more like a competition , More referral wins the prize

Yeah, but u know how these guys operate 90% will just be fake accounts so that no good for me.Yeah, i didn't add crypto yet . Just need to get coinbase verified so will add then within the next few days

Bounty campaigns create engagement to social media channels of projects making it active, so I would not say that it is useless. Also, I'm pretty sure that in the referral program there would be lot of fake acc. than real people. You know how a cheater thinks. They can easily find a loophole in the referral program.

Referring people are the hardest, I will choose bounties over referral campaigns instead, also cheaters can easily manipulates referral campaigns than that of bounties and also the rewards from bounties are way bettet,  it's a big no for me

I would love to know as well if on how things should be paid out of those referral earnings.I agree that advertising is bit expensive but this is much more worth and people would really get interested

than on making out some referral kind of system.They wont like for some invite-first before getting paid but rather they do love on having that being paid after the work they have done on
advertising your company.

KYC and No escrow? that wont really be appealing in most cases and be surely be ignored.

Definitely not interested, referring people to earn is a big pain most times, I have many friends but they don't care about all this referring and earning, bounties just works better for me than begging people to click on my referral link and again bounty gives more exposure to a project than referring people to earn

It's actually depend how you invite your friends to join under you and what they can actually earn in that website. If you are just dropping the link without giving details to them I don't think someone will register .

It's not that hard now to refer ,even you don't know a person personally you can also invite them and join under you. There are many groups already in facebook and telegram channel that you can use to make your affiliate link seen by many people.

The referral program can be one way to promote because it will only spend money when someone has registered and registrants buy something in your website.
The difficulty is finding people who are interested to join under refferal. Most of them will delete the referral code unless you are also giving promotions to registrants who register via a referral link.

Hmm, that interesting. Can you recommend some groups to post 2?

It's not easy to find people to refer to a project, bounties is more effective than simple referral procedure, with bounty news will travel faster through social media and forums like facebook, twitter, LinkedIn, instagram, altcoinstalk and bitcointalk forum, bounties is just way better

Referral system is an awesome tool for scam busting imho.
Usually when some "influencer" or "market leader" comes to me with an "interesting offer", i offer them referral.
Get X for every person that goes through your referal. In 99% of the time, they refuse because guess what, they're trying to scam you.
It would be similar with bounty hunters, because lets face it, a typical bounty hunter's outreach is maybe 5 people, regardless what his 15k+ twitter accounts says.

Only thing bounties or not effective anymore and have not been in a very very long time. Maybe they worked in 2017 but now their total waste of time.

Yep lots of me talk in the cryptoshere with nothing to back it up  ;D .I think I might to a mini bounty every week with a referral system. It all automated on the website. Can someone looks at these rewards etc and let me know what you think down below? It would only be open to people from the eu us cananda and Australia since they're the only places I shipping to at the moment.I will have different tasks every week .Points will be payout weekly and you can spend then on  https://cashisav.store/  (https://cashisav.store/) for further discounts


Ways to earn
Twitter follow
10 Points
Refer a friend
100 Points
Instagram follow
10 Points
Like page on Facebook
10 Points
 
100 points = 1 euro

Exactly my thoughts,  people are not that trusting in crypto like before so you really have to do a lot of convincing for anyone to grant you audience or agree to take part, and another problem with referral is that unlike bounty that will pay you either way, referral will 9nly pay when you actually refer someone and if you are unable to do so, all your efforts will be wasted without payment,  I would also stick to bounty.