11/12/07. Important Update From BPP: Analysis

Hi, guys! I believe you all got email from Dave, admin of BusinessProfitPro last night. Well, in my opinion it’s a very important update which can affect the program’s performance in the long run. Some things I like in this update, but the others I dislike. So I decided to break-down the update and make a thorough analysis of the current situation on how I see the things.

“1. The 12% RC for first time deposits and 8% RC for succeeding deposits have been extended for another week! It will definitely end on Dec. 18th.”

It’s a good move in my opinion. It will surely attract several new members. But on the other hand it tells us that the first week was not so successful as it was expected. At least I can make such a conclusion from this update. And you can blame the low daily ROI and the holiday season for that.

“2. Starting tomorrow, the minimum withdrawal amount will be $1. I am getting a lot of cents withdrawals and it doesn’t look good on our stats page when potential members look at our program. There was one member who withdrew $0.03 cents!”

Well, this is a very controversial point in my opinion. On one hand, it’s great for the longevity of the program as it keeps money IN the program for longer. But on the other hand the majority of the members have small amounts in their accounts so it will be harder for them to withdraw the money. They will just do it less frequently. So for the program itself this will be a positive change but for the members with small amounts in this is certainly for the worse.

“3. ‘Intern’ level is fully working! The system set will check every week for potential HARs and non-supportive members. If you are one of them, you need to deposit and auto-upgrade within 3 days to be removed“.

I can understand why the admin implemented this feature. Simply there are just too many members that just trying to “hit-n-run”. But I can understand those members too. We are all here to make money, yep. Nobody’s doing it for charity. Members want to deposit money first, but then they want to get it back with some profit. Otherwise it is just meaningless to put money in any program. Do you agree? So this step will force those members with small amounts to compound if they want to get at least something back from the program. But (eureka!) there’s other option for such members: to deposit more money and put an end to this discrimination! That way they will become “heavy-hitters” and will be able to make withdrawals every day. That option will be extremely good for the program as it can boost the daily ROI and this way will help other members to enjoy higher ROI. But will it be a better option for the members with small amounts who made a decision  to deposit more? I believe yes, but in the long run only.

“4. We are still testing the option ‘Office Chat’ in the member’s menu. I am not happy with the current one we have as it is very limited. We plan to upload a better one soon. Do visit it if you have any questions or just want to chat with other members. I will schedule a conference once everything is set, so you’ll hear directly from me what our plans are for the program’s future“.

That is certainly a good new feature that will be useful for the communication with the admin. I hope this will help gain confidence in the program for the members who joined but didn’t make a deposit yet.

“That’s about it for now! Continue supporting our program as we will be here for a very long time!”

My conclusion: this update has few benefits for the members with small amounts BUT it will hopefully help the program run for a longer time. Just a small piece of advice to Dave: we are all in BusinessProfitPro not only because we are loyal members. Most of all we are here to make money. So in implementing such changes don’t forget about your members’ needs. And you will be rewarded in the end by full support of your membership.

Other news for today.

FastProfitsCode sent an email to all the members: “We have more than 3 weeks online and almost 300 members and we will continue to grow and start new ways to advertise our program and to evolve in one of the hottest programs in the industry. You are invited to visit our ratings page each time you are getting paid and also vote for us. Also you should check the forums to share your thoughts with other happy FastProfitsCode members. Everything is going as expected and we would like to say thanks again for all your support“. Well, I don’t know if such 5% for 30 days instant program can last for long. But anyway 3 weeks is a good achievement! We’ll see if this site can survive Christmas time. But I always get my payments in time and instantly to my LR account after the surfing and the site hasn’t let me down yet.

I got paid by AttractiveAds today to my e-gold account. The program seems to go quite well. You can read the interview with admin Larry here.

Also I received my payment from MInvestment today. I think tomorrow I will be able to withdraw my principal so I will report back to you about it as soon as possible here on my blog.

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Stay tuned, guys! I’ll see you all tomorrow!