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How does Referral Marketing benefit me?
Word of mouth is the most effective way
to distribute products and services on the Internet.
According to Jupiter communications,
69% of people who receive a Web site recommendation
from a friend pass it along to at least two to six friends.
If 69% refer between two and six people,
then they would be referring 1.4 to 4.2 friends,
an average of 2.8 referrals, or about three.
If you referred three people and, on average,
your direct and extended referrals did the same
through ten levels,
then your referral commissions as a free CooleRep
would be $22, 143, and as a
CoolePartner they would be $44, 286,
based on the CooleBiz compensation system.
If these numbers do not seem realistic to you,
adjust them to numbers that you feel comfortable
with and have fun playing with our Referral
Calculator.
Remember that these projections are for illustrative purposes only, and
in NO way guarantee or imply actual income earnings.
The actual number of referrals will vary
and some people will not refer.
Income is based on your personal performance
and that of your organization;
therefore, some independent representatives will not earn income.
How can CooleBiz pay commissions
for giving away free Web sites?
Some of the most successful Internet companies today,
like Hotmail (free e-mail)
and NetZero (free Internet Service),
give away a free product or service and earn revenues
off of advertising.
CooleBiz earns revenues from advertising,
transaction fees, and from products that are sold
to our free customers.
If I get a free Web site will I ever be
required to purchase anything?
No purchase is ever required.
Your Web site will always be free.
Do I have to purchase something
in order to earn commissions?
No.
Do I have the ability to earn commissions
in ways other than the free Web site commissions?
Yes.
As you progress with CooleBiz and achieve specific sales
goals in your referral organization you will have
the opportunity to earn Residual
Overrides
and Management
Overrides(aka Coding Bonuses).
These bonuses have the potential to allow
you to earn through infinite levels in your referral organization!
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