Wednesday, January 23, 2008

FaceContact.com is an online tool for referral tracking through your social network with a cash reward

What Company Is Offering:
FaceContact.com is an online tool for referral tracking through your social network with a cash reward and for managing the application and selection processes. FaceContact.com expands the engagement opportunities beyond jobs to help users find service providers, new clients, investors, or investment opportunities (like real estate).

FaceContact.com was a finalist in the competition for EU start-ups organised by Index Ventures, Benchmark Capital, Atomico, DFJ Esprit, 3i, The Accelerator Group, Atlas Ventures, Partech International, Accel Partners, Highland Capital Partners, Wellington Partners, Advent Ventures and other leading venture firms (www.seedcamp.com).

How It Works:
FaceContact.com program carefully tracks who was referred by whom. Once the originator makes his or her selection and reports back to FaceContact.com, the system automatically rewards the right people. Just be sure to always make referrals by clicking on the link in the email you receive. If you instead forward the message to your contacts, you won’t get credit for the referral.

The “originator,” or the person who is searching for a new contact to fill an engagement opportunity, decides how much to place in the reward pool. Most rewards range from $800 to $5000.You have made a successful referral whenever the person you referred is selected for the engagement opportunity, whether as an employee, service provider, client, investor, or something else.

If you don’t want to participate in the referral pool, you can choose to donate the money to your favorite university or charity. In fact, this could be a great fund raiser if you and your contacts are all supporting the same organization.

More at:http://www.facecontact.com/

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