Neobux renewal question
By davissiu
@davissiu (90)
United States
December 23, 2009 12:50pm CST
So, i've been reading different strategies on the internet. And most of them saying always extend 90days for your refs. I understand that you could save up to 0.05$ per ref as a standard member. But isn't that hard to maintain all of your refs when time to extend? I mean, you need to pay $0.6 for each at once, how do you manage your refs?
I read another thread saying that never rent more that 33% of your refs, otherwise you couldn't manage them (i guess he is saying couldn't extend them for 90days?)
I'm confused, so anyone could explain how should i manage them in order to get them all extend for 90days?
2 responses
@Wismay (2037)
• India
23 Dec 09
Your question is really important. I guess, most of the neobux members this dilemma.
I think one needs to calculate, how much the referrals are generating and how much the cost it is per month.
And if you are keeping 'Autopay' option on then somehow you can manage half of the referrals without extending them for a while. Then considering the cost and the amount referrals are generating you can decide whether it is sensible to rent new referrals are better manage the current referrals till you earn some amount. It is all about reaching Break-Even soon and then using that money for managing referrals.
If you think, it is ok to put some investment in the beginning you can invest a little amount though you won't make profit. After a some certain number of referrals, just stop renting new referrals and concentrating on making profit from the existing ones. If you can't make profit from existing referrals then there is no point in extending or renting new referrals. So find a way to make profit no matter how small it is in the beginning.
And I must say, it is different to different people. It depends on so many factors. So simple thing check your break even point. If that is not so good then you really need to find a way to make it good!
Happy Mylotting!
@chaithanya3050 (269)
• India
23 Dec 09
its better to renew then by calculating the averages.
there is some guide of the stratagies to follow to renewm recycle referals in neobux forum itself. you better to check that once.