Is affiliate marketing QMATRIX being the best strategy for crypto growth?
For businesses in the crypto industry and for, arguably, any product-based industry, affiliate marketing continues to be one of the most popular methods to drive successful revenue for companies far and wide. The reason for this sounds is quite simple — a combination of word of mouth and a strong community of advocates can truly boost a cryptocurrency profile.
However, for companies like Platinum Q DAO Engineering, an international STO/ IEO/ ICO consulting, promotion and fundraising company, building a network of advocates goes beyond just providing them with a quality crypto product. The team of 150+ members from over 40 different countries has designed a new campaign to promote their flagship project, the Q DAO stable coin ecosystem, and their USDQ and KRWQ stable coins. The latter being stable assets pegged to the value of the US Dollar and the Korean Won, respectively and fully backed by collaterals in Bitcoin.
A tested marketing model to expand any crypto project.
The marketing campaign is called QMATRIX and consists of a strong affiliate program that relies on the 40K+ members of the community to refer two new friends and get them to buy QMATRIX packages while referring another two participants to receive a payout denominated in QDAO coins. The members who sign up for this program are known as QMATRIX Sponsors and will be in charge of qualifying new members, including friends or family, to become QDAO holders.
The QMATRIX program is a part of a tried and true way of marketing products directly to consumers. The program is also known as a part of the Direct Selling industry. This segment has made global sales of about $189 billion in 2017. And to be precise, the United States and China hold the highest revenue share in the direct selling industry with 34.9 and 34.3 billion USD respectively according to the figures in that same year.
Interestingly enough, it is estimated that about 75% of the direct sales consultants are women. This means that the marketing model could carry a lot of appeal with a segment that has been generally less attracted to the cryptocurrency industry in general. When compared to a widely male-dominated cryptocurrency market (according to Google Analytics data more than 90% of Bitcoin community engagement comes from men and about 10% from women), this symbolizes a strong opportunity to attract new adopters overall.
How to qualify for the QMATRIX program?
In order for current and new members of the Q DAO community to become QMATRIX Sponsors, individuals must complete a very simple group of criteria and execute a specific set of actions. Firstly, users will need to select out of three different available packages. These packages are available in the Starter, Premium, or Luxury level packs. The costs are paid in Q DAO coins, the native governance token of the Q DAO system, and vary between 15, 40, and up to 100 Q DAO, based on the level being purchased. These packs must then be sold to a total of two friends while these two new additional members will find another two of their friends to add to the project and sell packages to. When these actions are completed, Sponsors receive their respective payout in relation to the levels of packages bought.
After becoming successful sponsors of QMATRIX and the Q DAO project, people will have a chance to receive reinvestment and more profits off of the packages bought by their own network of affiliates. The project’s main goal is to provide all participants with the chance to build their own network and profit off of them while also becoming holders of a crypto token that has grown exponentially over the past year. Users will also have the option to cash out when they are willing to do so by paying a minimum amount in withdrawal fees.
The QMATRIX program is a decent example of how a community can build itself by combining the most essential aspects of a free market — provide an excellent product such as the Q DAO coins or the USDQ and KRWQ stable coins, and calmly watch people becoming your own sponsors. In charge of carrying your name and praising it because of how good your product is. Now, the company is ramping up its growth plan by adding more incentives for people to share the idea behind Q DAO, USDQ, and KRWQ stable coins furthermore, effectively, becoming speakers for the project in an organic way.
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