Rule Of 10
You may be asking yourself what is the rule of 10? Well it's simple really. It is a rule I like to follow in the recruitment of referrals. So as we discussed previously cashcrate offers incentives for referring people to their website. This method of procuring money though others who complete the offers is a delicate process and takes a good salesman, however if you can be successful in this aspect you can make some real money. My rule of 10 is the first goal I strove for when beginning cashcrate and greatly helped me increase my referral base. The rule itself is very simple. Begin with a 1st tier referral group of 10 people (add more if you can!). Stress to this group the importance of finishing offers and also the opportunity for them to refer others. If they also follow this rule they will find 10 referrals as well, which will become your 2nd tier referrals. So now you have 10 first tier referrals that are making you 20% of their completed offers and you have 100 second tier referrals making you 10% of their completed offers. So if we assume the average person completes enough offers to make them $10, you (without any work) will make $120 (10*$10*20%=$20, 100*$10*10%=100). The rule of 10 however can be increased! If you believe you can refer 20 people and they will refer 20 people and they will all complete $20 in offers you are looking at $880! This method can be applied to many different applications and you may see increases in your generated income.
Increased Referral Commissions
If you can amass enough referrals, cashcrate sweetens the offer for you. At 50 referrals you will receive 25% of your first tier referrals rather than the previous 20%. The great part about this is it drives your referrals to increase their referrals! This means you can benefit greatly from your referrals!