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RE: 1% lifetime referral reward on Steemit - does that sounds good in your ears? Suggestion for the DEVs and the witnesses - implement this please! Then we will make Steemit.com known to every person on this planet in no time!

in #promotion8 years ago (edited)

Mmmmm ... sounds very pyramid like! A killer product should find a killer market all by itself. Our product just needs to be more killer to find its 'Product Market Fit' ... then the hungry hordes will come :)

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I agree on this thought. That a very good product, should not even need marketing. In reality, its not like this, all new things need marketing.

A one time referal reward, does not work, since people are not buying anything. when signing up.

The lifetime, could be changed to a certain period, like 1 year or 2 years. Even if it is a lifetime period, I do not see this as a pyramid, since you will only get 1% of that one person, you get to the sites rewards, not anything from the people that he or she get here. Its very different from the pyramid schemes you think about. Also its only 1%, its not much, unless you bring a true celebrity here of course, and they should you not be reward for that forever?

Marketing only TRULY works when you have a killer product and a killer market. Perhaps your 1% offer could be offered for a limited time once the product has FULLY matured and the rabid hordes are piling in.

"The lifetime, could be changed to a certain period, like 1 year or 2 years." but I see the lifetime option as a very strong incentive for promoters to do a GREAT JOB.

I meant a limited time we'd run the offer for -- say 3 months??

Its not a strong incentive in my view. The reason for this, is that there is no guarantee that new users will make any rewards in that 3 months, but they might do it a year later or 5 years later. That's why the lifetime period is important.

Agreed, largely. We have to have-- as a starting point-- something here that people want to come here for. It has to be IN PLACE-- we can't rely on those we are bringing in to create the attractive proposition we're telling them is here... that's like inviting people to a great dinner, and then telling them THEY have to cook the great dinner, once they have arrived.

The cart before the horse also comes to mind ;)

AS it is now, Steemit is attractive when more people come here, that's my opinion at least... sure more features would be nice, but more people would be AWESOME.

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