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autopay or referral extension for 365 days
autopay or referral extension for 365 days
Started by pauloribeiro 2020-02-25 at 17:31
pauloribeiro
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Posted
2020-02-25 at 17:31
hello I have a question. What do you think is more advantageous: put 500 referrals on autopay or extend those referrals for 365 days and get a 30% discount?Thanks for your opinions best regards |
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ajit1000
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Posted
2020-02-26 at 01:22
Extending 365 days will give you best profit viz-a-viz autopay. Probably you should also go for Yearly Gold, that will reduce your monthly recurring expense from $10 to $8.33($100/12).
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« Last Edit:
2020-02-26 at 01:25
by ajit1000 »
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pauloribeiro
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Posted
2020-02-26 at 09:50
HelloThank you for your answer. Is too expensive extend all 500 rr for 365 days. But for now, i will change for Yearly Gold and maybe in the future extend for 365 days or in alternative, have 2000 rr in autopay and recilce all inactive rr. What do you think about that? |
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ajit1000
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Posted
2020-02-26 at 10:18
Quote: pauloribeiro Friend autopay can be a short term arrangement but not the way forward. I suggest extend at a better rate than autopay and slowly graduate to 365 days. At 500 referrals autopay will consume $0.0046/referral that clicks. While, if you keep it off and extend for say 90 days it will consume $0.0045/referral, 150days - $0.0043, 240days - $0.004, 365days - $0.0037. I didn't have an idea what investments you were thinking about. So, I skipped that part. Our friend "Olaser"has explained it beautifully <<H E R E>>. Earning thru referrals is a long term strategy. You have to be patient and consistent, just like a regular job, people using short cuts generally end up losing their investments going for short term gains. Best wishes for your account!    Edit: Also, with Yearly Gold you get 2 extra Premium Plus ads and your recycle cost is $0.03 instead of $0.04 viz-a-viz Monthly Gold. |
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« Last Edit:
2020-02-26 at 10:53
by ajit1000 »
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pauloribeiro
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Posted
2020-02-26 at 11:26
"You have to be patient and consistent, just like a regular job" - Yes it is!!I am patient, and i know is a log term job. For now, i will upgrade for Yearly gold and stay with 500 rr on autopay. In the future, maybe extend for 365 days or in alternative get 1000 rr. Is a very lon term job... Thank you for help! |
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« Last Edit:
2020-02-26 at 11:40
by pauloribeiro »
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ajit1000
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Posted
2020-02-26 at 12:23
Yearly Gold will be a good start, you will see the difference immediately, 2 extra premium+ ads, BEP getting lower and cheaper recycling, it is worth it. I am looking at July promo to renew it for the next year. Take a look at "Promotions and Discount" sub section if something is coming sooner in your case. Money saved is money earned!
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g4m3rx
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2020-02-26 at 17:24
Hello pauloribeiro,I guess you either have few rented refs or you are at the beginning of building your account. My suggestion is:use a yearly membership not monthly (Golden membership is great !) and rent as many refs as you can afford to extend to a maximum of 365 days. Building your account from the profits and using autopay may be a trap if you are not really careful. So, make the investment at the beginning and then reap the benefits, don't invest and reuse the profits to keep your account alive and to always improve ! It will take a looong time if you go that route. |
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pauloribeiro
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Posted
2020-02-26 at 17:53
Hello! Tank you for your answer.I have 470 referrals. I have autopay on and every day I recycle referrals that have not clicked for more than 3 days. The average click is about 5.8. I am going to upgrade to Yearly Gold. I would like to extend the referrals to 365 days. But extending all the referrals at once is very expensive. I am a little hesitant to take this step because the investment is big. For now I will keep the autopay, and do a good recycling to have a good average of clicks. What do you think? |
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ajit1000
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Posted
2020-02-26 at 18:11
500 would be a good base to start with, depending on what is the current buffer you have in terms of days to expire for your referrals and money in coffers. Ultimately you have to work out your own strategy, different people have different thresholds and limitations. Strategy will be different for some one with $300 to spare than with someone with $1000 or with someone who can only invest in steps.. Spend some time and go with your own gut feeling. With Monthly Gold you are locked with 500 RR max but with Yearly Gold people fall for the temptation to hire more without realizing that the running cost increases too.It's good to be skeptical when real money is involved, take your time. Even I started with Monthly Silver to test the waters with $35. Don't be afraid to ask at any stage regarding inputs from others regarding your own decisions and what others have done. |
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« Last Edit:
2020-02-26 at 18:16
by ajit1000 »
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pauloribeiro
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Posted
2020-02-26 at 18:17
Thank you, for your suport, I really appreciate!
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