.jpeg)
iBid is a blockchain-based auctioning platform that aims to become the rallying ground for people who are looking to buy products at discounts. Also, it creates a system through which the users can make some money.
Marketing Model
Already, the global auctioning industry is booming because people that have used items to sell are looking for a faster way to sell them at discounts. The same applies to owners and manufacturers of new products who are looking for how to get more people to buy those products without breaking a bank.
From what we have seen so far, the best way to meet those needs is to leverage auctioning, which is a marketing model of selling off products at discounts or lower rates.
So, what iBid does here is to integrate blockchain technology for decentralization and Peer-to-Peer (P2P) transactions to cut off intermediaries. At the same time, it creates an opportunity for users to drive more sales and make money from doing that. That becomes the major basis of making money from iBid.
Below, I will show you the steps you need to take so you can start making money from iBid, in addition to paying lower costs for highly-priced products.
Multi-Level Marketing
The first thing iBid does is to create an opening for Multi-Level Marketing (MLM). This became important considering that the platform (iBid) is “up in arms against many platforms” like eBid and eBay. It figured out that the aforementioned centralized platforms have the sympathy of many marketing platforms. So, if iBid were to use platforms like Facebook and Google to push its services, the traction that may come from there may not be worth it.
That informs the reason why it opted for Multi-Level Marketing, which then creates an additional source of income for the participants. Under this affiliate marketing model, iBid requires the users cum affiliates to help publicize its products and services. At the same time, it ensures that the affiliates are well-rewarded.
How to Become an iBid Affiliate
If you are good at marketing, especially Multi-Level Marketing, there is a chance that you will be interested to use iBid. Now, the first step is to sign up and register for any of the affiliate packages that you can afford.
Some of the available packages on iBid are:
- Bronze Pack
- Silver Pack
- Gold Pack
- Platinum Pack
- Diamond Pack
- Ruby Pack
- Grandmaster Pack
- Legend Pack
.jpeg)
The next step will be to invite your friends and family. What iBid did here is to simplify the MLM system to be limited to 3 persons. So, you are only to invite the first 3 friends of yours to register under you so you can earn the commission that comes from it.
Also, iBid allows you to leverage the 3 x 20 Matrix Friends Bonus, which means you can invite 3 friends to make up the first matrix. The maximum number of the matrix you can operate is 20, which means you can only invite 60 friends.
So, let’s assume that you are in Level 1 and you have 3 friends registered under you. It means that your commission or revenue therein should be about $104.6. That is if you are using the Silver Package.
If, on the other hand, you are subscribed to the Gold Package, your revenue in Level 1 for 3 friends will be $303.75.
Furthermore, you can earn as high as $894.38 in Level 1 of the Platinum Package if you registered only 3 members.
Of course, you can always invite more friends to register under the different packages you have there. So, if your first leg or Level has become completed with 3 friends/persons, the 4th person will be pushed to the next level.
According to the matrix system, the 4th person can earn you 6.25% of the package you are using. Otherwise, you can earn as high as 46.25% from the 4th person you referred if the referral was directly made by you and not those under you.
Increased Revenue
There is no end to how much you can make as an affiliate on iBid. The income or revenue you generated is calculated by 3 parameters.
The first is the number of persons you have in each Level. Ideally, you should aim to make up the 3 persons that will complete each of the Levels or legs you are using.
The second parameter is that you have to complete the entire Levels you are using up to the 20th Level. That means you can refer and register up to 60 persons to be under you with 3 persons at each Level up to the 20th Level.
The last parameter is that the higher the package you subscribed to, the more money you make.
Conclusion
iBid’s Matrix Friends Bonus is an excellent way to make some money while referring more people to take part in the decentralized bidding system that iBid has in place.
You get to make more money by subscribing to more packages, referring more friends and encouraging them to refer others too.
USEFUL LINKS
Website: https://www.ibidtowin.com
iBid Pitching Desk: https://ibidtowin.com/iBid-
Telegram: https://t.me/ibidtowin_co
Android App. https://android.ibidtowin.com/
IOs: https://testflight.apple.com/join/6zY...
Twitter: https://twitter.com/iBidtowin_co
Medium: https://medium.com/@ibidtowin
YouTube : https://www.youtube.com/channel/UCX6R...
Facebook : https://m.facebook.com/Ibidtowin
AUTHOR’S DETAILS
Bitcointalk Username: Nancyo
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2759950;sa=summary