The costs of RR according to the number that you have +.
Rental fees vary based on how many rented referrals you hold ,and the costs are as follows:
To make a profit on your rented referral, he/she has to click a certain number of ads per day. The break even point will vary based on your type of membership and number of rented referrals you have, as will certain limitations and restrictions.
Understanding rented referral concepts, features, your breakeven points and restrictions is paramount to making more money with Neobux. This post will take an in-depth look at rented referrals (mainly from a standard and golden member focus) and explain things like break-even points, AutoPay, AutoRenew and other important factors
Tip: There is absolutely no requirement for anyone that joins Neobux to have referrals, rented or otherwise. However, having referrals can dramatically increase the revenue you receive.
Limitations on Memberships:
Let’s start with something nice and basic. You are limited to the number of rented referrals by your type of membership. The limits are as follows:
- You are also limited to when you rent referrals. You can only rent once per week, from the day and time you last rented. Let me elaborate. Say on week 1 I rent at 10am on a Monday – I can rent again 10am the following Monday. But if I don’t actually rent until 10am that following Tuesday – the next time I could rent would be the following Tuesday (not Monday). Got it? Good!
- Golden members operate a little differently here. As per Neobux, the demand for rented referrals when you’re Golden is significantly higher – because typically you make a lot more money as a golden member, therefore have more money to spend on rented referrals.
-As a Golden member, you can still rent weekly – but have to specify 2 times during the day when you want to rent. For example, 8am and 8pm. This helps in spreading the availability of referrals out through the day, instead of everybody hammering the system at midnight trying to pick up the referrals.
Tip: Rented referrals go quick when your Golden! It is best to exhaust your limit as a standard member (300 rented referrals) before going Golden, giving you a good head start!
Note
The rent on Golden membership is deferent and hard ( Not so ) then the others memberships .
The reasen :
Why is it hard to rent?
Golden members have much more demand in renting referrals compared to Standard members because almost all of them can afford to rent.
As the demand rises, the distributed referrals for a particular time are easily sold out.
Golden members can rent referrals by setting two times of the day for renting depending on their most convenient time.
You can find that option in your personal settings.
After you change the time, you can only change it again after 7 days.
Remember to be quick because many other members will be there at the same time as you trying to rent.
If you're having trouble renting, you can always use the rental queue which, while being a bit more expensive, will guarantee you the referrals.
Rental Queu :
There is an alleviation to the frustration of Golden members trying unsuccessfully to rent (Aha good Sound , and that is the rental queuing system. Here are some quick facts for Golden members relating to the use of the queuing system:
- Rental cost is 1.5 times that of the normal cost
- You can only queue 55 rented referrals in your 1st year, 65 second year onr
- You can only queue if you have enough available funds in your rental balance
- You must have less than 2,000 referrals
- You must wait 7 days since the last rental pack was delivered, queued or otherwise
For more .. see this topic :
What Is Rantal Queue?
Now , we'll move on to other things ;
AutoPay and AutoRenew
Before we calculate break even points, I want to mention AutoPay and AutoRenew here as both do effect basic break even analysis. These are quite simple to understand:
AutoPay – adds a days rental to the referral if they click an ad on that day at a 15% discount
AutoRenew – Automatically renews the referral if they approach expiration at varying discounts
AutoPay – adds a days rental to the referral if they click an ad on that day at a 15% discount
AutoRenew – Automatically renews the referral if they approach expiration at varying discounts
AutoPay
I would definitely recommend turning this on. It will give you a 15% discount on the standard rented referral rates, regardless of how many rented referrals you have. To describe how it works in a practical example:
You rent a referral. The rental price you pay is 20c (assuming you have under 250 rented referrals). Each rented referral lasts for 30 days. So, on day 1 let’s say that rented referral clicks on at least 1 ad. If you have AutoPay turned on, your rental balance will be reduced by $0.0057 (a single days rental), and your rented referral days remaining will be incremented by 1 day. Now, if we multiply $0.0057 by 30, this comes to around 17c – 15% less than the standard 20c we first rented at.
Conversely, if your rented referral does not click in one particular day, even with AutoPay turned on, you will not be charged. AutoPay is only charged if your rented referral clicks on any given day.
Bottom line is, AutoPay saves you money, so turn it on! You can turn on AutoPay by logging into your Neobux account, clicking on “Rented” in the left hand side menu (under referrals). You will see the AutoPay option on your Rented Referrals screen – simply click on it if it says disabled to enable AutoPay.
AutoRenew:
AutoRenew can be used alongside AutoPay or independently. When a rented referral is close to their “rent expiring”, you can instruct Neobux to automatically renew that referral for either 15, 30, 60, 90, 150 or 240 days. The longer you set the referral renewal time, the more discount you receive on renewing. The AutoRenew discount rates are as follows:
I have AutoRenew turned on with a 30/3 setting. This means my rented referrals will AutoRenew when they have 3 days rent left for another 30 days. However, I typically manually renew my referrals, for how long depends on how much I have available in my balance.
AutoRenew charges will be debited from Rental balance, unless there are insignificant funds, in which case it will be deducted from your main balance. If you have insignificant funds there, you will lose that referral.
Alert: for every rented referral you lose , you'll pay 0.02 USD penalty (for standard members )
and 0.04 USD ( for golden member ) .
Calculating Break-even Averages for Rented Referrals
This is really easy given we know the costs and revenue figures. Here’s a couple of tables that outline just what we need:
Let’s do some simple math :)
As a standard member, with under 251 rented referrals, our break even calculation is:
Cost of Referral ($0.20)/Click Revenue ($0.005) = 40 clicks per 30 days, or 1.33 p/day
As a golden member, with under 251 rented referrals, our break even calculation is:
Cost of Referral ($0.20)/Click Revenue ($0.01) = 20 clicks per 30 days, or 0.67 p/day
We will work our break even calculations in terms of clicks per day. You can login to Neobux at any time and see your current clicks per day by clicking the little bar chart icon right at the top of the screen – so we can easily gauge if we’re in profit.
This table shows the BEP = break even point that you have to reach to make profit accourding to you type of membershipe and the number of RR= Rented referrals .
Conclusion:
- I'll end this topic with few words that have big meaning .
Proper planning + Commitment and Perseverance + Patience + Experience
=
Money inevitably
Thank you for reading .
Best regerds !
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