This post is part of Free Guide to Investing in HYIPs. Click here to read the previous article.
Every HYIP offers an affiliate program. Actually, it is the main thing for it — to attract new people into the pyramid. HYIP pays referral commissions to the partner through the link of which a new investor comes to the site program and invests his money. Thus, the partner contributes to the HYIP promotion.
At first glance it may seem that a serious HYIP does not need an affiliate program. If it is reliable and legitimate, it automatically deserves a good reputation from investors and visitors.
When the HYIP administrator offers high referral commission (5% or more), it means that he is deliberately seeking for investors.
Keep in mind that the program must first return the affiliate payment before it will be able to pay investors the interest rate. Thus, a high percentage of payments to partners can’t be a good asset for the HYIP program.
Acceptable commission for partners, on the other hand, may be attractive to investors in the long term, which will extend the HYIP work.
Important Advice: Be careful when the HYIP does not provide an affiliate system at the beginning of its work, and makes it a bit later, or when the referral payout rate increases.
Definitely, this is a bad sign, and, most of all, the program work is about to finish.
To be continued. Watch out for updates in the blog!
P.S. You can also see my article “Making Money on HYIPs from Scratch. Affiliate Programs” on the topic.