Our referral system, and why it's the best!

[Don Cashola]

Hey Gangsters!

Our beta testers have had a few questions about exactly how our referral system functions, hopefully this run-down will answer any questions about how it works, and why it's the best in the business.  I'll provide the basic structure, as well as some examples so that hopefully everyone will have a better understanding of this wonderful system, and how it presents a truly unlimited earning potential. 

In short, our referral system offers unlimited referral levels, starting at 25% commission for direct (first level) referrals.

One common question I received from people who hadn't used a site like this was:

"I know you advertise unlimited referral levels, but what does that mean?  What are referral levels?"

Referral levels can best be described as "generations" of referrals.  For example, if you were to refer your friend Tom, who in turn refers his friend Sam, then Tom would be your first level referral, and Sam would be a second level referral.  Most of our competitors STOP paying after the second level, so you wouldn't make any more money after Sam.  But lets say Sam refers 5 friends, don't you think you deserve credit because he wouldn't be here if not for you referring Tom?  We do!  Under our system, you'll be paid a percentage of these 5 friends' earnings, and a percentage of earnings from anyone that they refer, and so on and so forth!


"Exactly how much do I make for second, third, and subsequent level referrals?  How does this compare to other sites?"

I suppose the best way to tackle this question is to first explain how most of our competitors' referral systems operate.  Most sites offer 20% for first level referrals, and 5% for second level, a few sites will give you 1% or so for a third level but even that is rare.  I'll provide some examples to illustrate the benefits of our program: 



Example 1 (Using a competitor site:

You are using a competitor site which offers 20% for first level referrals, and 5% for second level.

This site will track the offer earnings generated by people you refer, whereas we track both offer AND referral earnings.

So, if you were to refer 5 members, whom each earn $5.00:

20% of $25.00 = $5.00
You earn a total of $5.00 from these first level members


Now lets say those 5 members each refer 5 new members, who also earn $5.00 each:

5% of $125.00 = $6.25
You earn a total of $6.25 from these second level members.

Grand total earnings: $11.25

Beyond that second level, our competitors pay you NOTHING.  Even if those 25 members each refer 5 members for a total of 125 new members, they don't share any more profits with you.  Some people are very talented and innovative and are capable of referring thousands of users.  These users are known as "super-referrers" and are excellent to have below you.  However, they won't benefit you one bit on this competitor's site unless they are in your first level.  How unfair is that?

Our system:


GangsterGreed.com awards you 25% of your referrals TOTAL earnings, including both offer and referral earnings.  So your commission includes 25% of your first level's total earnings, which includes 25% of their referral's total earnings, which includes 25% of THEIR referral's total earnings, and so on.  Therefore, regardless of the number of referral levels, you still earn!

How much do you earn?  Some of you math wizards may have already figured it out, but for the rest of us, here's the breakdown:

For your first level referrals you'll get:

25%

From their referrals you get:

25% of 25% = 6.25%  (second level)

From their referrals  you get:

25% of 25% of 25% = 1.56%  (third level)

From their referrals  you get:

25% of 25% of 25% of 25% = 0.39% (fourth level)

From their referrals  you get:

25% of 25% of 25% of 25% of 25% = 0.097% (fifth level)


And so on and so forth. 

Now, it may seem like a small amount after 3 or 4 levels, but remember that there may be thousands upon thousands of users below you by these levels.  And those little earnings really add up, as shown in this next example!


Example 2 (Using GangsterGreed.com):

If you were to refer the SAME 5 members used in the competitor's example, whom each earn $5.00:

25% of $25.00 = $6.25
You earn a total of $6.25 from these members.

Now, just like in example 1, lets say those 5 members each refer 5 new members, who also earn $5.00 each:

6.25% of $125.00 = $7.81

But unlike with our competitors, the earnings don't stop there!

Assuming that each of these second level referrals make 5 new referrals (this gives you a total of 125 third level referrals), whom each earn $5:

1.56% of $625.00 = $9.75

Assuming that everyone makes just $5.00 and refers just 5 people (some refer thousands) you will make the following:

4th level: $12.18

5th level: $15.16

And so on... the earnings can literally go on and on forever! 

Now imagine that you get a super-referrer somewhere in your line, and he/she refers thousands!  And they, in turn refer thousands!  Or maybe you're a super-referrer yourself?  You won't know unless you try!  There is absolutely NO limit to how many people you can refer, nor how much money you can earn.  It costs NOTHING, so what have you got to lose?


"How do I get started?  Is there any limit to where I can advertise?

To get started, simply log into the site and click the "referral center" button.  This will give you your personal referral link which will look something like this:  http://www.gangstergreed.com?ref=12

You can advertise on forums and message boards, in chat rooms, on your personal website, your MySpace site, on flyers throughout your school (assuming that they allow it, don't get into trouble   : ), you can put it on your business card, or almost anywhere else you please.  The one "no-no" is unsolicited E-mail messages.  It's fine to send e-mail to your friends, but sending it to random people you don't know is considered spam and can quickly get you in trouble with the law and this site if we receive proof of it.  Other than that, feel free to come up with any innovative way you please to advertise your personal referral URL.  And if it works out good for you, be sure to share your tactics in our referral forum!

I hope this gives everyone a better idea about how this wonderful system works.  Good Luck and happy referring!

Don Cashola
CEO
GangsterGreed.com

[MommieMoney]

I have 6 referrals but am not seeing any income from them.  Does this mean they aren't doing anything?  Or IS it just that they have to cash out before I get anything?  Or I thought maybe referral money just doesn't get credited to me as fast as my own money. 

I'm not in any hurry, just making sure I am not doing anything wrong.

[MommieMoney]

I was also wondering if there is any way to know who the people in your referral list are?

[Don Cashola]

Your referrals don't have to cash out for you to earn cash from them.  You will be credited whenever they complete an offer.  Some people sign up and do 30-50 offers in their first day, while some never do any at all.  It seems that you've been somewhat unlucky so far, but keep trying and you're sure to get some quality referrals sooner or later.

There is currently no way to look up who your referrals are.  At some point in the future we may add some sort of feature to contact your referrals, but this isn't on the table any time in the immediate future.

[MommieMoney]

Okay thanks, I figured it was just my luck. I was just hoping you'd say something else haha.  I thought it would be nice to know who your referrals went to incase they needed some help getting started or anything.  But I understand there are things ahead of it on the list.

I just want to say that I love this site and if there is ever anything I can do to help you, I'd be glad too!

[MommieMoney]

Can I just say. GRRRRRRRRRR!!!!!!!  9 referrals, and a big whopping $0.07 from them.  I need better friends haha.

[racheygirl22]

Can I just say. GRRRRRRRRRR!!!!!!!  9 referrals, and a big whopping $0.07 from them.  I need better friends haha.

Ouch, my 5 referrals have earned me more than I have lol.

[MommieMoney]

I have 20 now and I still haven't made much off of them.  Oh well.

[MommieMoney]

Do you think in the future there would be a way for us to see who is leading the referral contest.  Or at least to see what our own stats are.  I mean, I know how many people have used my link from my stats page, but I have no idea how many have completed an offer.  So I don't know how far away I am from the 300 (even though I know its freaking far haha).

Just an idea I had, so I thought I'd throw it out there.

[Don Cashola]

Do you think in the future there would be a way for us to see who is leading the referral contest.  Or at least to see what our own stats are.  I mean, I know how many people have used my link from my stats page, but I have no idea how many have completed an offer.  So I don't know how far away I am from the 300 (even though I know its freaking far haha).

Just an idea I had, so I thought I'd throw it out there.

I think as members get closer to winning the referral contest, I'm going to update the thread so everyone knows where the leader is at.  Nobody is really close at the moment, so it is still very much up for grabs.

[MommieMoney]

Thanks!  That will be nice.

[maxukraine]

You give 25% for 1st lever refferals. That's a lot!!!
Thanx!!!

[Momto2pooches]

I posted a new thread about referrals and would be really grateful for an answer from the Admin staff.  thanks in advance. 

[xEliteGunnerX]

Aweome I'll have to start refering now.

[Niknakpaddywhack]

Amazing...I haven't been to this site in a few weeks and got an e-mail telling me about 30 new offers then BAM I get hit with$ 0.31 in my referrals account. Great surprise. This is a good referral system. $0.31 is like completing the lowest offer.