Which is better for winning Pricebenders auctions: using the auto-bidder or not using auto-bidder?
, Aff ()
8/3/2014 2:04 am
Affiliate since: 12/31/1969, Power Rank: 99999999
I personally feel that not using the auto-bidder has its advantages; for one thing, it stops prices from rising quickly, which means side-bidders (those willing to wait outside of the main bidding war) can wait, conserve their T-Credits, and wait for the major bidders to exhaust their supply (or make the price of the item effectively unaffordable for them). For example, suppose you get two people bidding up some item to the price of $2.00. Each of them would have spent 100 T-Credits so far, which at a minimum price of $.29 each, amounts to $29.00, in addition to the other $2, or a total of $31.00. Meanwhile, a fresh bidder would effectively spend $2.01 + .29 = $2.30 to steal it away if they're so lucky as to win at that point.
The biggest advantage of not using the auto-bidder is that you have more control over your bids and their timing. If you have time and the stamina, your best strategy is to always wait until the clock has run down before bidding. This means you spend the fewest possible T-Credits because any *other* bidders are the one hiking the price, not you, and the cost in T-Credits, as we've seen, far outweighs the penny increments. Doing this means that an auction will go *far* longer, which also increases the likelihood that others will get exhausted... although it also allows more new bidders in.
Now, with the autobidder, it is possible to win any auction, simply by pouring more T-Credits in than anybody else; however, these are likely to be pyrrhic victories, where the amount that you spend in credits outweighs the value of the item. This is why I feel it's better to take the hands-on approach and not use it.
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I personally feel that not using the auto-bidder has its advantages; for one thing, it stops prices from rising quickly, which means side-bidders (those willing to wait outside of the main bidding war) can wait, conserve their T-Credits, and wait for the major bidders to exhaust their supply (or make the price of the item effectively unaffordable for them). For example, suppose you get two people bidding up some item to the price of $2.00. Each of them would have spent 100 T-Credits so far, which
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How can I ensure that, when I retire, the SFI business I have spent years building continues to grow and provide income for my beneficiaries?
, Aff ()
8/22/2014 2:51 am
Affiliate since: 12/31/1969, Power Rank: 99999999
Unless there's a formal legal process (and the Support Index here does not suggest that there is such a thing), your best options are as follows:
1) Submit a support ticket to find out if it's possible to put your account into a beneficiary's name.
2) Failing that, get your beneficiaries to sign up as your affiliates, then divvy up your downline among them through the Reassignment Manager under Genealogy. I don't believe there is a way you can transfer CSAs, however. Regardless, you're going to show them all how to build their businesses by educating them and how they can teach others so they can build their businesses and earn new CSAs in turn.
I'm not sure what the laws are regarding residual incomes and inheritance. You may also want to contact a lawyer.
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Unless there's a formal legal process (and the Support Index here does not suggest that there is such a thing), your best options are as follows:
1) Submit a support ticket to find out if it's possible to put your account into a beneficiary's name.
2) Failing that, get your beneficiaries to sign up as your affiliates, then divvy up your downline among them through the Reassignment Manager under Genealogy. I don't believe there is a way you can transfer CSAs, however. Regardless,
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How important is it that your family embrace your SFI business...and what if they don't?
, Aff ()
10/15/2015 12:02 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
A lot of affiliate programs focus on affiliates "monetizing their social network" and turning their friends into downlines and customers... and if you do that, chances are, you're going to wind up *dismantling* your social network as friends and family get turned off by sales pitches, particularly if they've been burned by Amway or Nutrasystem or any number of other such companies. Obviously, though, having your family's support is always nice, and as they see your success, they may decide SFI may be for them. However, their support is NOT necessary, as with any other life choice. The only thing that's important is that YOU are comfortable with your own life choices.
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A lot of affiliate programs focus on affiliates "monetizing their social network" and turning their friends into downlines and customers... and if you do that, chances are, you're going to wind up *dismantling* your social network as friends and family get turned off by sales pitches, particularly if they've been burned by Amway or Nutrasystem or any number of other such companies. Obviously, though, having your family's support is always nice, and as they see your success, they may decide
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What are the best, most effective strategies one should use when just starting up with SFI?
, Aff ()
6/25/2015 9:57 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
The most effective strategy for getting started with SFI is patience and pacing. Not everything has to be done right away, and in fact, tackling every Getting Started Action and every Launchpad Lesson on the first day is likely to be exhausting and overwhelming. In fact, aside from the Getting Started actions, it's worth doing just your regular daily actions plus just one Launchpad lesson because that, by itself, will put you above the daily VP threshhold that will earn you entry into the Daily Grand. Generally, this pace is often enough, by itself, to keep you above the Green Line. If you can afford it, pick up a New Member Package--this, plus your Getting Started actions, will assure your Fast Track status and the commensurate bonuses, and you will get enough TCredits to start experimenting with the various features on TripleClicks.
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The most effective strategy for getting started with SFI is patience and pacing. Not everything has to be done right away, and in fact, tackling every Getting Started Action and every Launchpad Lesson on the first day is likely to be exhausting and overwhelming. In fact, aside from the Getting Started actions, it's worth doing just your regular daily actions plus just one Launchpad lesson because that, by itself, will put you above the daily VP threshhold that will earn you entry into the Daily
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How do you know if you are capable of building a successful SFI business?
, Aff ()
4/1/2015 1:55 am
Affiliate since: 12/31/1969, Power Rank: 99999999
Can you:
a) spend an hour a day doing your SFI daily, weekly, and monthly actions?
b) spend a few more hours a week publishing articles, ads, and links to SFI and TripleClicks?
c) develop the discipline and determination to keep this up, month affter month, until you succeed?
If your answer to all three of these questions is yes, then yes, you're capable of building a successful SFI business. Most people fail at (c) for one reason or another. If, as with any other business, you keep at it long enough, changing your methods enough to find which ones work, you will succeed.
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Can you:
a) spend an hour a day doing your SFI daily, weekly, and monthly actions?
b) spend a few more hours a week publishing articles, ads, and links to SFI and TripleClicks?
c) develop the discipline and determination to keep this up, month affter month, until you succeed?
If your answer to all three of these questions is yes, then yes, you're capable of building a successful SFI business. Most people fail at (c) for one reason or another. If, as with any other
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What can WE do to make SFI more attractive to new affiliates (without relying on SFI management)?
, Aff ()
7/14/2015 12:09 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
Given that many new affiliates tend to get a feeling of being overloaded with information, probably the best thing that we can do to make SFI more attractive to new affiliates is to organize our own learning processes into some sort of concise "training manual" for our new affiliates so that we know what information we need to pass on. Creating your own SFI journal or blog can provide insight on what you do in terms of marketing and promotion, and then you can edit it so that you have useful information for your PSAs and CSAs. In that way, we can make the duplication process easier.
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Given that many new affiliates tend to get a feeling of being overloaded with information, probably the best thing that we can do to make SFI more attractive to new affiliates is to organize our own learning processes into some sort of concise "training manual" for our new affiliates so that we know what information we need to pass on. Creating your own SFI journal or blog can provide insight on what you do in terms of marketing and promotion, and then you can edit it so that you have
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What can I do to get my new sign-ups to stay engaged with SFI for longer than one day?
, Aff ()
12/7/2015 9:44 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
If you can keep your sign-ups engaged in conversation with you, you can learn enough about them to keep them engaged in SFI. As I often say, there is a simple procedure to motivate someone who is really listening:
1) Elicit his/her values, desires and goals.
2) Explain how SFI and/or TripleClicks can help him/her attain those desires.and goals.
3) Remain engaged yourself, teaching and answering questions.
Naturally, you can't *make* a person listen to you or follow through, but if you have made your affiliate understand how he or she can succeed, he or she will likely stay.
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If you can keep your sign-ups engaged in conversation with you, you can learn enough about them to keep them engaged in SFI. As I often say, there is a simple procedure to motivate someone who is really listening:
1) Elicit his/her values, desires and goals.
2) Explain how SFI and/or TripleClicks can help him/her attain those desires.and goals.
3) Remain engaged yourself, teaching and answering questions.
Naturally, you can't *make* a person listen to you or follow
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Should I prospect people to become affiliates only from my own country...or from everywhere?
, Aff ()
10/15/2015 12:06 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
I highly advise people to look for affiliates with whom they have some rapport, and that's frequently easiest when you are talking to people who speak your language, in your country or outside of it. Translation programs like Google Translate are good, but they're not perfect; most don't handle idioms, analogies, simile, and metaphor all that well, and as a result, they can cause trouble when they don't translate well across cultural bounds. Overall, I would probably recommend starting people in your own country first and then working outward from there. In many ways, it's much easier.
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I highly advise people to look for affiliates with whom they have some rapport, and that's frequently easiest when you are talking to people who speak your language, in your country or outside of it. Translation programs like Google Translate are good, but they're not perfect; most don't handle idioms, analogies, simile, and metaphor all that well, and as a result, they can cause trouble when they don't translate well across cultural bounds. Overall, I would probably recommend starting people
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To build a successful SFI business, how much should I rely on my sponsor?
, Aff ()
7/14/2015 11:56 am
Affiliate since: 12/31/1969, Power Rank: 99999999
While a sponsor may be able to provide useful information, training, and even (perhaps) access to some sort of resource (like skills or an occasional incentive), your SFI business needs to be reliant only on you and your efforts. Everything else is a bonus. Remember, your sponsor, much like you, is a human being, and human beings can be very unreliable--they even die! That means your success, in the end, depends solely upon your own actions. If you've got an awesome sponsor, be grateful, but don't rely on him or her.
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While a sponsor may be able to provide useful information, training, and even (perhaps) access to some sort of resource (like skills or an occasional incentive), your SFI business needs to be reliant only on you and your efforts. Everything else is a bonus. Remember, your sponsor, much like you, is a human being, and human beings can be very unreliable--they even die! That means your success, in the end, depends solely upon your own actions. If you've got an awesome sponsor, be grateful, but
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How do you maximize the benefits of being a Bronze Team Leader?
, Aff ()
8/3/2014 2:11 am
Affiliate since: 12/31/1969, Power Rank: 99999999
Your primary way to maximize the benefits of being a Bronze Team Leader is by encouraging activity in the CSAs you get awarded. Their success and their spending results in commissions and bonuses for you. Secondary to that are the bonus T-Credits, which you can use in auctions, save for special purposes, or use for the Time Machine or other games. These can be valuable in the Knockout Trivia game for lifelines and buy-ins.
Still, though, it's your 2nd Home CSAs that have the greatest potential value as you can get them more active. The name pretty much says it all: as a team leader, you benefit most by leading your team. I know that sounds a bit snarky, but it's the absolute truth.
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Your primary way to maximize the benefits of being a Bronze Team Leader is by encouraging activity in the CSAs you get awarded. Their success and their spending results in commissions and bonuses for you. Secondary to that are the bonus T-Credits, which you can use in auctions, save for special purposes, or use for the Time Machine or other games. These can be valuable in the Knockout Trivia game for lifelines and buy-ins.
Still, though, it's your 2nd Home CSAs that have the greatest
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8/3/2014 2:04 am