We have come to milestone – we have now given away over 500 ING Direct $25 bonuses to people opening an ING account through us. We have been quite successful in making money with this program and I get emails from time to time on tips on how people can convert the invites they have (anyone that has an ING account has 25 invites they can give to others where the person will receive $25 if the make an initial deposit of $250 and the person sending the invite receives $10 for the referral). These are the steps we took that helped us convert a lot more than we initially were which also should help you convert ING invites if you have extras.
The typical way to convert ING invites is to have the person send you their email and name so that you can send an invite to them. You will likely have little success if you approach it this way. There are some fundamental problems with it that discourages people to complete the process:
All these issues mean that converting the ING invites through email can be quite difficult. The simple solution is to provide people with a direct link to the invite. That is exactly what we did several months ago. When we started to do this, our conversions increased dramatically on the ING invites. Doing this is quite simple:
Anyone who sees the link can immediately sign up for an ING account through the link and receive the $25 bonus. This addresses many of the issues that makes it difficult to convert my email:
Once we started doing this, it wasn’t long before we ran through the invites available in both Nate’s and my accounts plus a number of our family members. The easy solution was to convert ING invites for others that weren’t having luck converting their own. We approached it as a reward for the active members at SavingAdvice. Those that have 100 posts can put their name on a list and we will convert their invites for them splitting the referral bonus 50%/50% ($5 each).
Doing this by email would be near impossible, but by placing direct links, this system is once again simple to implement. They send us all their invites and then we take their invite code (the exact same way as when sending to ourselves) and convert them.
In addition, we have been using this method to give bonuses to those who sign up for Emigrant Direct accounts through our referral link. Emigrant doesn’t have a referral bonus normally, but we can pay people $20 by converting 2 of their ING invites when they use our link which is a win/win situation for everyone.
If you have a blog or site and haven’t had any success converting ING invites by asking people to send you their email, try this method. It should be much more successful.