19/07/2011. Interview with the Admin of EarnGroups. Part 2
Hi guys! One of the most undoubted success stories of recent times is definitely that of EarnGroups, a long running HYI program dating back to the first half of 2010 which recently underwent some enormous changes in an attempt to reinvigorate the program and prevent it from becoming stale. Well, the move turned out to be inspired as EarnGroups has gone from a fairly mediocre and pedestrian program close to the bottom of everyone’s list (if it ever even made the list at all) to one of the most dynamic and successful programs in the short term HYIP industry.
As the industry enters its traditional if somewhat belated summer slowdown it remains to be seen how the clearly skilled and experienced admin of EarnGroups will keep things ticking over for the next six weeks or so until business begins to pick up again, but for now I’m pleased to present the second interview with him on MNO. His name is Christian by the way, and if you missed it you can see his last interview published here.
EarnGroups, which offers terms of 120% after 7 days and 145% after 14 days, was first reviewed on MNO here.
“1. Hi Christian, can we start by you re-introducing yourself to the readers and for the benefit of anyone who doesn’t know give us some background information on the program.
Hi Paul, MNO readers, and my dear members. My name is Christian, and I am the chief administrator of EarnGroups. Before going any further, I would like to thank you,Paul, for this interview, which is actually a second one I’m having with you. EarnGroups has been online for over a year as of now, and we are really glad that we have made up to this level. EarnGroups started its venture back in April 2010, with a team of highly experienced and skilled people who know to take advantage of almost every trend in the foreign exchange market, which is actually one of the main reasons of our huge success. Here we are now, in July 2011, as one of the biggest investment firms, which have attained worldwide attention and popularity.
2. Can you also describe the investment plans you offer and what payment processors investors can use to join?
EarnGroups offers mainly two investments plans, namely the Beginner Plan and the Professional Plan. Members are allowed to choose the plan of their choice to invest in, and may even invest in both plans at the same time. The principal amount invested is included in the total return of both the plans.
The Beginner Plan runs for a term of 7 calendar days, and offers a total return of 120% of your investment at the end. Please keep in mind that 120% is the total return, of which 100% is your principal amount, and the remaining 20% is the clean profit. Your earnings, which include the principal amount, will be available to withdraw only at the maturity of the investment term.
The Professional Plan just differs in the aspects that it runs for a term of 14 calendar days, and offers a total return of 145% at the end of the term. In this case, 100% of the total return will be your principal amount, and the remaining 45% will be your clean profit. Like the Beginner Plan, your earnings, which include the principal amount, will be available to withdraw only at the maturity of the investment term.
We have currently given our members the choice to invest with any or all of the payment processor, Liberty Reserve, Perfect Money, and AlertPay. We believe this list is, of course, a generous range of payment options offered for our members.
3. Will you be introducing any new investment plans?
EarnGroups will not introduce any new plans, or for that matter, change the return percentages of the existing plans, whatsoever. Our plans are already very attractive and lucrative for all the online investors, and is also the major reason why we are growing at a rapid pace, and getting stronger every day, keeping the stability at the best level at the same time.
4. You mentioned in your last interview that you may add SolidTrustPay as a payment processor at some point in the future. Is that still the case? Have you given that any more thought or has it been abandoned by now?
We have not abandoned the idea of adding SolidTrustPay as an accepted payment processor. Of course, we do have plans on adding it, but we cannot give an exact time frame as to when we will be making that option available. We understand that many of our members are eagerly waiting for the payment processor SolidTrustPay to be accepted, and as you all know, EarnGroups is one investment program which strives to serve its members by providing its members with their needs. So, rest assured, you can be certain that we are still working on getting this option made available, and it will be done as soon as possible.
5. Tell us how did you manage to remain the number one investment program for so long?
It was actually not a difficult task for us to become the number one program, or for that matter, remain as the number one program of this industry. Our huge reputation of serving and paying our members for the past one and a quarter year, has helped us a lot in our growth, because more and more people online started to realize the fact that EarnGroups is one program which is real, and which is here to stay. The huge exposure EarnGroups has been receiving has helped our program to reach greater heights, and we have now become the day-to-day talk of this industry.
Obviously, advertising is one important factor for any program to rise to new heights. We are continuously advertising our program banners and links in most of the top advertising websites, blogs, monitors, and forums, so as to give our program an even more wide exposure.
Moreover, our members have also played an integral role in making EarnGroups one big investment sensation. The constant support we are receiving from our members is helping us a lot in rising to the top levels. Our members are obviously the backbone of our tremendous success, and we would like to thank each and every single one of them for their continued support.
6. With communication being so important, wouldn’t you increase your credibility by providing phone support and your address?
Of course, communication is one important factor for any business firm, especially, when it is a financial one. As we had mentioned in one of our newsletters, we will definitely be adding Live Chat and Phone Support, so that our members will be having the opportunity to interact with us live. We are still working on adding the mentioned features, and it will be made available as soon as we manage to get it into operation.
7. I believe one thing that you might like to explain to members is the recent change in the referral commission payment system. Can you:
a) Explain how this system now works and how it has changed from the previous system?
The new referral system only offers referral commissions for first deposits. To be more precise, a referral will only earn commission for the first deposit made by his/her referral, and will not earn commissions for the subsequent deposits made by the referral. The commission rate remains unchanged, and is 5%.
b) Explain why this was necessary? Tell us how these changes will ultimately benefit both the program and its members in the long run.
As it is obvious, the referral commission system is a feature implemented to encourage the members to advertise EarnGroups. The referral commission is actually an incentive for the referrers for bringing in more members, and having them make a deposit. But as most of you know, there are so many monitoring sites out there offering the so-called “referral commission back” system, with which the monitor will give the referral commission it earns back to its referral. So ultimately, most members join under monitoring websites on purpose, solely for obtaining back the referral commission. And even though members have a reinvestment feature within the account area itself, they do not make use of it, but rather withdraw it to their payment processor, and reinvest it back into EarnGroups, so that their referrer monitoring website will earn commission again, and give it back to the referral.
This is actually a kind of abuse being done with the referral system, and members who actually doesn’t deserve the commission, are being paid it. EarnGroups is already offering highly lucrative returns for its members, and there is actually no reason for members to abuse the referral system. As a result, we decided to change the referral system to the new one in which only commissions will be offered only for first deposits, and not for subsequent ones, so that it will be fair for everyone.
These changes will help us to grow our reserve funds by a very large extent, which will thereby ensure the longevity of EarnGroups and help us serve our members for years to come.
8. Realistically how much longer do you think you can keep EarnGroups online for?
At our current growth rate, we are more than a 100% sure that we can continue to provide our services to our members for another five years. But as everyone is already aware of, the growth of EarnGroups is increasing day by day at an amazing rate, and our membership base is widening at a very swift pace. Deposits are sky-rocketing, and the popularity and reputation of EarnGroups is spreading across the globe like the winds. This will only further strengthen EarnGroups, and ensure even more years of lifetime for the program.
9. Maybe now we can talk about some of the general statistics about your program since the first review, and the last interview an MNO. To start with:
a) How much bigger is EarnGroups today than it was back then? How many more investors do you have?
EarnGroups is very much bigger than it was back then when we had the last interview. We have our very own forum now, the link to which is http:earngroups.com/community. Our membership base has grown by over 10,000 members within less than a month, and our current membership count is 18,173.
b) What about some other general statistics? For instance, what percentage of members join using each of your payment processors?
AlertPay still remains as the favorite payment processor among our members, and almost 50% of our members use AlertPay to make investments. 35% of our members use Liberty Reserve, and the remaining 15% use Perfect Money.
c) What percentage of members are in each plan?
Almost 55% of our members have active deposits in the Professional Plan, 30% of our members have active deposits in the Basic Plan, and the remaining 15% have active deposits in both the plans.
d) Then, as the admin of an online business, what’s been your greatest source of on one hand traffic, and on the other hand actual active members? Is it forums? Monitors? Something else?
We are continuously advertising EarnGroups in the top monitoring websites, blogs, and forums, and other advertising websites. We have purchased banner ads and text links mostly everywhere we are sure will benefit EarnGroups in the best way. All of these websites have equally contributed to the traffic and growth of active members in one way or the other, and I would really like to thank our promotional and advertising team for doing such a wonderful job.
10. And finally, what are your future plans for EarnGroups? How are you going to maintain the programs performance in an industry with what’s basically a very limited audience? How will you promote it further and what are your general plans for the future?
EarnGroups will continue with the same plans as it has now. We will be advertising EarnGroups constantly to increase our exposure to a much wider audience, and continue with our quality customer support and instant payments. Live Chat and Phone Support will be implemented very soon so as to offer an interactive experience for our members with us. Needless to mention, our research and development team are always on their search for new ideas and features, and the best features will be implemented. We are always open to suggestions which will benefit EarnGroups, and so our members are always welcome to send us their suggestions.
Thank you, Paul, for interviewing me for a second time, and I hope I have answered your questions up to your and your readers’ expectations alike.”
As usual thanks a lot also to Christian for that and I hope existing and potential EarnGroups members alike found it in some way helpful in deciding whether this is a suitable program for you or not. Good luck to you if you’re already involved and hopefully Christian can continue to provide some good results for his investors as he has up until now.
That’s it for today, everyone. Thanks for reading and remember that I’ll be back as always tomorrow with a full round up of all the day’s main industry related news stories so stay tuned for that and see you all then!
Filed under Interviews by on Jul 19th, 2011.