Are you looking to help your society while earning some extra income on the side? If so, a referral app is the right extra income-earning app for you. With the rise of smartphone devices, mobile apps have gained a reputation for serving many of the needs that people have. One such need is to gain knowledge of reputable skill development programs.
Many institutes have created referral apps to convince people to share information about the institute’s existence with those in their connections who might be interested in their courses.
Referral apps are a type of mobile app, where a person sends an invitation link or a code to other people and if those people decide to join a course from that referral, the person who sent the referral gets a monetary reward depending on the terms and conditions of the institute’s referral program.
One common question that comes to people’s minds when they hear about a referral app is, “How much money can I make from a referral app”? So, let us look at how much extra income you can earn using referral apps in India.
What Is Payment Decided for Referral Apps?
Different referral apps have different pay structures which they disclose to you when asked. The most common way of deciding how much money you get is a pre-determined portion of the fees charged by the people who decide to enroll in one of the courses offered by the institute.
In most institutes, each course has a different fee amount and this leads to some of the courses paying more than others when you refer them to someone who enrolls in that course. The rate is usually between 1-5 % of what is charged from the person you referred the institute to.
If you can refer and convince a lot of people to join a course in the institute, referral apps do a decent job of extra income-earning apps.
How Can I Maximize My Income Through Referral Apps?
To turn a referral app into a decent extra income-earning app, you can do plenty of things to attract as many people to the institute as possible. Some of the most common ways of doing so can include:
- Post referral codes and links on your social media platforms
- Create a nice YouTube video promoting the institute
- Talk to your family and friends and ask them for people who might be interested
- Write blogs explaining the good things about the institute
- Share referral codes and links on popular public forums such as Reddit and Quora
Your options for promoting the referral app are only limited by your creativity and reach. So, if you can attract a large number of people to the institute’s offering, you can turn the referral app into a proper extra income-earning app.
Average Earnings Through Referral Apps
Among the many extra-earning income apps, referral apps are the most efficient as you get more money for the effort you put in to earn that extra income.
The average earnings from referral apps are almost impossible to estimate due to the difference in connections people have, the amount being paid, the service being promoted, and the platform they are promoting the app.
Conclusion
While the earnings from referral apps are on the lower end than some other extra income earning apps, what makes them worth your efforts is that this income is significantly easier to earn compared to other extra income earning apps as some of them require you to do a second job.
So, if you wish to get an extra income-earning app in India, download the Skill Konnect App and start referring.
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