Sign Up Bonus, The Backbone of Rideshare.
Rideshare Sign-Up Referral Bonus
For the most part, we’ve heard about people earning a new driver Lyft sign up bonus, Uber sign up bonus or other rideshare sign up bonus. This bonus can be earned by referring new drivers with business cards, local flyers, and many other creative ways.
As possibly the first step for many new entrepreneurs, driver referrals and the rideshare platform is a perfect way to start a new business.
Whether starting a business or an e-commerce business, it’s never been easier to make extra income this day and age.
With just a few hundred dollars you can fund your advertising budget, form a new corporation or LLC, or start prototyping your new product. Through some quick driving and big referral bonuses, it’s fairly simple to earn a thousand dollars to jumpstart your idea.
Although many know Uber and Lyft, there are many other “rideshare services” that offer sign up bonuses, such as a postmates sign up bonus, doordash sign up bonus, or instacart sign up bonus.
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A Little Extra Income When You Need It
You can drive to earn the bonus, like the Lyft sign-up bonus or Uber sign-up bonus and earn some extra ridesharing income.
You can also earn even more if you can refer new drivers to other rideshare platforms and earn an affiliate commission.
An affiliate commission is what these companies pay as a bonus to someone who refers another Lyft, Uber, Postmates sign-up bonus or Doordash sign-up bonus.
Get Out of Your Comfort Zone
Although frightening at first, referring new drivers teaches new entrepreneurs how to be comfortable meeting and getting to know new people and convincing or “selling” strangers on taking the decision to pursue rideshare as a source of extra income.
Of course, as the first lesson of entrepreneurship, trying to convince people to drive for a ridesharing service will be met with A LOT of rejection. Facing rejection until it becomes normal is one of the most defining characteristics of an entrepreneur.
Referral Bonuses Can Range From a Few hundred, Up To a Thousand
With big referral bonuses, making that extra effort to talk to new people and refer new drivers can pay off. They could be ridesharing clients, people you meet out on the road, or anyone else you encounter during your day-to-day life.
Although referrals can be hard work, this allows drivers to perfect their communication skills and the art of subtle selling, as talking every passenger’s ear off about the bonuses and annoying random strangers definitely doesn’t work either.
Billions Spent In Marketing
From the start of these driver affiliate incentives, billions of dollars have been spent and hundreds of millions are currently being spent annually on marketing. Some of this advertising spend goes to acquiring new customers and drivers by Uber, Lyft, and other rideshare services with incentives such as a hefty Lyft sign up bonus, Uber sign up bonus, postmates sign up bonus, or doordash sign up bonus.
With this kind of spending, there’s plenty of opportunity for new entrepreneurs to try their luck in convincing people why driving for rideshare is a good way to earn extra income, without any commitment.
By driving for Lyft, Uber, Postmates, Doordash, or Instacart, drivers are able to meet many new people every day and have the opportunity to practice communication skills in situations that aren’t awkward.
Win – Win
With a seemingly “win-win” situation, Lyft, Uber, and other ridesharing businesses are able to bring more new drivers to the platform and grow their business at an unprecedented rate.
As an underdog story, Lyft has really proven to be a force to be reckoned with. With over a billion in yearly revenue, Lyft has been able to grow more than 300% since 2016, partly due to these kinds of extremely successful affiliate marketing programs.
Next Level of Referral Bonuses
As far as referring new drivers goes, there are some rideshare affiliates that take Lyft, Uber, postmates, doordash, or instacart driver referrals, to the next level. Some have even built full-blown businesses around a big Lyft sign up bonus, big Uber sign up bonus or other big rideshare sign-up bonus.
Some use SEO or search engine optimization, some go further and even get featured in articles from Forbes, Business Insider, Entrepreneur, and Wall Street Journal, to attract drivers and earn referral bonuses such as therideshareguy.com or other blogs like ridester.com.
With hundreds of thousands of monthly visits, they refer countless new drivers to Uber, Lyft, Postmates, Doordash, and any other rideshare service, while earning some extra income from getting drivers to use services like geico rideshare insurance, quickbooks for small business, personal injury lawyers, rideshare lawsuit information, and ridesharing courses like the rideshare guy’s driving course.
Money Well Spent
Whether rideshare drivers are earning affiliate income from referring their friends, family, and people they meet to drive for Lyft, Uber, Postmates, or Doordash, making big blogs, the rideshare industry has been built with a lot of help from the people actually driving for Lyft, Uber. Postmates, Doordash, and other rideshare services.
From privately owned Silicon Valley companies such as Uber, Postmates, or Doordash, to Lyft’s recent bid to go public and trade on the stock market, these rideshare affiliates continue to help the rideshare industry grow.