Contest/Race
See Current Stats
Use this section to activate a Contest (Race to xx number
of referrals.) Simply put the date the contest starts, and the date the contest
ends or the number of referrals the to reach by the winner and the Contest/Race
will auto end. When you activate this feature it will become public to all
members when logged in.
Use this as an incentive. i.e. The First person to reach 250 gets $100 in cash. 2nd place gets $50, and 3rd place gets $25. Anyone one with 25 or more referrals when contest ends gets $10. This is just an example, but it allows everyone an chance to feel they will win if they participate. Refer to your Butterfly Marketing Manuscript for strategies on how to use this feature. If you know your conversion metrics, your One Time Offer sales should have you making up 10 x to 100 x the cost of the prizes. These races are effective every 2-4 months but should not be over used.
To do a Contest - Set it to end at a certain date. Only
concern is here, if it ends at the date but your top winner only has a low
amount of referrals like 11 or 14, you still have to pay all prizes.
To do a Race - Set it to end at a certain number of referrals.
(Recommended. That way you are guaranteed xx referrals before you have to pay.)
You simply announce to your members via email about the details of dates and prizes and how to win and you are all set.
Contest # | Race start / Race end | Won By |