Who are The One Percent on Coop Content?
You! Well, that is to say, you could be.
And by The 1%, we mean that you’ll only be charged 1%, rather than the usual 3%, when you refer a friend to sign up to Coop Content as a Creator.
Your friend will also only be charged 1% for that month too, so you both get to be part of The 1% together!
Obviously, there’s gonna be some limits to this, and hopefully you find them all reasonable.
How many do you get?
We can’t just let every new User signing up become a Creator on Coop to use the name of an established Creator and get their first month at only 1%. Nor would it be reasonable for us to have the biggest names on our site only ever be paying 1% Fees, because they have 50 Fans signing up as Creators every month, so they never run out of being part of The 1% Club.
As such, we will be limiting the You’re My Number 1% promotion to being:
1 Referral Code for every 3 months as an Active Creator on Coop Content
Therefore, it works as a reward scheme of sorts, starting once you’ve been a Creator for just 3 months. Plus, the longer you’re here the more discounted months you’ll get!
How long do they last?
We’ve set it so that you can hold onto a few Referral Codes at a time, by each one having a 6 month expiration period. We might increase this to 12 months if there’s the demand for it, and/or they aren’t being used frequently so Creators aren’t getting much benefit from them, but we’ll see.
Thus, you might only use 1 Referral Code in your first year, another expired after 6 months, but you still have 2 in reserve for the start of your second year on Coop Content.
Quarter 1 = Used / Quarter 2 = Expired / Quarter 3 = 3 Months Remaining / Quarter 4 = 6 Months Remaining
No, you can’t trade them with each other, sorry. They aren’t transferable or redeemable as credit or in some other way.
How often can you use them?
As regularly as you like, basically. If you store up a couple and finally have some friends who’d like to become Creators, even if they use the Referral Codes in the same month, you’ll get 2 months of 1% Fees back to back. Your friends will only get 1 month of 1% Fees each, because that’s how it works.
Of course, as soon as your friends have been with Coop Content for 3 months, they’ll get their own Referral Codes and so they’ll be able to get more opportunities for 1% Fees.
You give out 2 Referral Codes and get 2 months of 1% Fees – Your 2 friends use 1 Referral Code each and so get 1 month of 1% Fees each
The idea is to reward you for growing Coop Content and to help reduce outgoings for the new Creators at the same time.
An Active Creator?
1) A Creator must have been Registered with Coop Content for at least 3 months (rather than the minimum of 6 months to qualify for the Profit Share).
2) A Creator must be active with a frequency of at least 1 Login per week.
3) A Creator with Donations must have at least 10 regular donors active per month.
4) A Creator with Subscriptions must release at least 1 piece of Premium Content per month (plus requirement 3, but replace “donors/donations” with “subscribers/subscriptions”).
5) A Creator with (a) crowd funding Project(s) must have successfully funded at least 1 in the last 6 months.
6) A Creator with Products in our Online Store (digital downloads or merchandise) must sell at least 1 per month.
We reduced the qualifying time from 6 to 3 months for the My Number 1% promotion so that we can start giving back to our Creators sooner. Also, because the Profit Share involves revenue generation and such, it’s just a bit more a faff to work out so we need more time.
Although it might seem a little unfair to have the same qualifiers for The 1% referral codes as we do the Profit Share, we don’t include the limiting factors like being under investigation or on probation (also discussed in our Code of Conduct). Therefore, even if you don’t qualify for the Profit Share due to repeated breaches of our rules, we will still reward you a little for your time and use of the site.
As we state with a lot of things here, this is still the Alpha version of the site, so we will be looking to continue the development of our rules and promotions as we go. If you have any queries, criticism, suggestions, or just want to call us rude words, please feel free to do so in the comments section below.
All our staff are legally allowed to call you names back though, so be warned!