Gangster Greed Referral Explanation
The referral program is best described in the GangsterGreed Forum. I tried to put it into my own words and make my own example, but I could not explain it like the forum did. To save you the trouble of going there, I will post it here for easy access. Full credit of this explanation is given to Don Cashola, CEO of Gangster Greed. (If there are any problems with me taking this directly from the forum, I will remove it immediately. Again, I take no credit for this explanation)
"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:)
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?
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: $12.185th level: $15.16And so on... the earnings can literally go on and on forever!
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: $12.185th level: $15.16And so on... the earnings can literally go on and on forever!
I personally think this is one of the best referral websites out there. You can refer almost anywhere you want, just make sure you check their rules first. Some chat rooms/websites will not allow you to post your referral link directly on the site. If you go go blogger.com (like I have done) you can set up a blog for free and post the link to your blog. If you have any questions, feel free to email me at shaunjamie2005@yahoo.com
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