BabbleBucks Program Overview
What is the BabbleBucks Program?
Our BabbleBucks program is dedicated to rewarding members of our networking groups for referrals that they give to other members.
How does the BabbleBucks Program Work?
You must be a member of the BabbleBee networking community to participate in the BabbleBucks Program. BabbleBee members may opt-in or opt-out of this service at any time during their membership.
Members, who opt-in to the BabbleBucks Program, agree to pay a referral fee of a minimum of $15.00 or 10% of the gross revenue of the sale or service (whichever amount is greater) to any referring member who has given them a lead that results in a sale or service of over $50.00. Members of our Networking Community are required to submit and process all leads online using BabbleBee's online lead form. Upon the completion date of the sale or service, BabbleBucks Program Members agree to complete BabbleBee's lead form, submit the amount of the sale or service gross revenue, and pay the fee due into the referring member's account.
When members refer a lead to another member that results in a sale and have received their associated referral fees, or BabbleBucks, in their account, they may redeem their BabbleBucks for cash or use their BabbleBucks towards other members' services.
What if a Member Does Not Participate?
A member that is opted-out of the BabbleBucks program may still exchange leads with other members, participate in all aspects of their hive activity, and receive all other benefits of the networking community. Members that are opted out are neither required to pay referral fees nor eligible to receive associated referrals fees on their leads. BabbleBee still tracks any leads that are exchanged by members that are opted-out and collects any referral fees from members that are opted-in that would owe referral fees to members that are opted-out. Fees collected by BabbleBee on behalf of opted-out members are deposited into a BabbleBee General Administrative Fund and are used towards member incentives. Members may view other members' status in the BabbleBucks program online.
Why Should I Join The BabbleBucks Program?
Networking is the most effective way to promote your own business. With our BabbleBucks program, you not only get the benefit of increasing your revenue and growing your business through getting leads from other members, but you also get compensation for networking!
In most other networking organizations, members do not receive any referral fees, but simply receive the benefit of receiving a lead.
At BabbleBee, we want to encourage our members to try other member's services and to tell other people that they know to try our member's services as well. Our goal is to build a strong networking community by rewarding our members for referring other members, so that all of our members have a mutually rewarding exchange.
This program creates incentives for members to give you more referrals- resulting in your seeing more business, and you are rewarded for providing other members with referrals - resulting in extra spare cash for your own business!
How Do I join the BabbleBucks Program?
You must be a member of the BabbleBee networking community to participate in the BabbleBucks program. A prospective member must join a hive to become part of our networking community.
To join a BabbleBee networking hive, you must go to our website and click on the Networking Community,
Bee-Invited tab.
A Bee-Invite is a personal invitation from BabbleBee to attend a networking meeting, for the hive of your interest, as our guest. Our hives are networking groups comprised of a maximum of 30 members of interrelated professions, who meet regularly in person, and often on line, to exchange leads and help each other grow their business.
To Bee-Invited and attend a hive's networking meeting in your community as our guest, you must first be registered. Being registered will allow you to search for networking hives in your area and to see active companies in those hives. The search results will assist you in determining the specific hive that you are interested in joining and whose meeting you would like to Bee-Invited to attend as a guest.
You may attend two meetings without becoming a member to determine if you are interested in joining as a networking partner.
After prospective members find a hive that they are interested in joining, and are accepted into the hive, they go to our website and fill out our online membership form. This form asks if members would like to opt-in or opt-out of the BabbleBucks program.
If you are already a member and initially opted-out on your membership form, you must login, click on the toolbar tab, click on "My Account" and choose to opt-in. You may opt-in at any time during your membership.
If you would like to check to see if you are in our BabbleBucks program, you must be logged-in, click on the toolbar tab, click on My Account, and then click on the BabbleBucks program. Your account will show if you are a current member of the BabbleBucks program.
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