Difference between revisions of "The Ingredients to a Successful Robinhood Referral Program"
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This is the first of several articles that will explore the Robinhood Free Stock program. Free Stock Picks With Robinhood 'll be looking at the five ingredients to a successful Robinhood referral program. For more than two years, I've had the privilege of working as a Robinhood representative, and I've seen a lot of ups and downs. The following article is my review of some of the great things I've noticed and some of the downsides I've come across as well.
The very first ingredient to a successful Robinhood referral program is a robust promotional program. The Robinhood reps all want to get referrals, and they know this. There is a huge amount of pride in the responsibility that goes into being a Robinhood rep. One tip I'd give is to be honest, in fact I have a very personal definition of honesty. Many reps take their customers for granted and may just put up a Robinhood promo code as an afterthought.
My friend R. Scott Gagliardi, author of the Blog of the Day and one of the top super affiliates on the Robinhood platform, says that to get people to your website you must be more persuasive than they are to you. He says that if you are selling low-cost index funds, there is no reason to go out of your way to "extrapolate" on the effectiveness of these funds to investors with higher risk tolerance. You must be the one making the commitment and lead the way. This is what you will have to teach new Robinhood reps if you want to see great results with the free stock program. Make them a commitment.
The second ingredient to a successful Robinhood referral program is your message. When I say "message," I don't mean "excuses." Learn How to Make Money With Robinhood Free Stock Trading is not about making excuses and then rationalizing away your mistakes. When you hear from clients who are not making enough money, what do you do?
What does the Robinhood we tell them? Well, in How to Earn Robinsons Reward Points With a Robinhood Free Stock Referral Program of the Robinhood free stock, the Robinhood rep explains that the stock market is very volatile, and stocks can go up or down. The rep makes it clear that you're going to lose money with this stock and suggests that you'll never make money with this stock, but she does it from a place of knowledge, not pressure.
Your Robinhood we should not discuss the risks associated with this stock with you, and if they do you should listen carefully. If you're already starting to lose money on this stock, that's another thing to be avoided. If your account starts to suffer because of this, you should listen carefully, as this is likely the signal that your Robinhood we will be talking about to you. Understand why they feel the way they do, and why they believe they can help you, and don't waste your time trying to "explain" things to them.
The third ingredient to a successful Robinhood referral program is a support team. If your Robinhood rep only has a "closer" who you meet once or twice a month, or if they don't even have someone that regularly visits you, you might be making it too easy for yourself. Your new needs someone who will walk with you and show you their portfolio, someone who will help you learn the ins and outs of this stock and how to use it to your benefit.
The last ingredient to a successful Robinhood referral program is a unique product. You want to know that your new friend is offering something of value, and the best way to find out if this is the case is by asking them what they have to offer, and by testing that out with a demo stock.