The marketing of a piggy bank – complete freedom to the investor

Marketing Piggy Banks: How They Work, Advantages, and Disadvantages

In the hyip industry, the term «piggy bank» or «marketing piggy bank» means that the marketing of a particular project allows you to lock in a deposit according to certain rules.

Piggy banks can be either infinite or have a specified deposit duration, for example, 30 days, after which the deposit can be withdrawn without a fee.

Advantages:

• The ability to withdraw the deposit almost at any time. This is the first advantage we will discuss in this type of marketing in hyips because it represents complete investor freedom. Of course, withdrawal rules may vary among projects, but piggy banks typically allow you to withdraw the deposit after just 1 day with a penalty ranging from -5% to -25%. It's worth noting that there are conditions that enable deposit withdrawal after 10 days or more, with gradually decreasing penalties based on the deposit's duration.
• Relevance. Starting from 2018, projects with this type of marketing are becoming more common. By mid-2022, this marketing approach is found in almost every third, if not second, project.

Disadvantages:

• Complex marketing from a project management perspective. Due to the fact that hyips operate on the principle of a financial pyramid, administrators don't always enjoy parting with invested money whenever an investor wishes to do so, plus they have to pay interest while the influx of new participants decreases.
• The relevance of marketing doesn't guarantee success. In principle, this point can be considered both an advantage and a disadvantage. If you see a piggy bank marketing approach in a project, it doesn't necessarily mean that the admin will manage it well. In this case, the administration's experience in this area is crucial.

Examples of Hypes with Piggy Bank Marketing

It would be appropriate to provide several examples of the different types of piggy banks and how they operate.

Recommendations

We have prepared a series of recommendations for you that, in our opinion, will be useful when working with projects of this kind.

• Do not invest your entire sum in one project. Despite the fact that this type of marketing implies the ability to withdraw your deposit at any convenient moment for the investor, it does not mean that the project will last forever. Otherwise, you risk losing everything. Allocate your funds among different projects to minimize risks.
• Set a reasonable profit target. Try to assess the situation regarding the advertising campaign, ask yourself, «What net profit should I expect with such a daily percentage?» and set a profit target that will be sufficient for the time spent in the project.
• Withdraw your funds as often as possible. This rule applies, of course, to every project, but don't forget to withdraw your earnings whenever the project allows you to do so to minimize the risk of losing your funds.

We also recommend several articles for beginners:

• How to Get Started with HYIPs for Beginners;
• How to Create an Investment Portfolio from HYIPs.

Conclusion

The marketing piggy bank, gaining popularity among administrators and investors, has become quite common compared to how it was 4-5 years ago. Hypes with such marketing are encountered more and more frequently, which is why we've written this article to provide beginners with the opportunity to understand the intricacies of working with such projects.

In this article, we've covered the definition of the term «piggy bank» in the hyip industry, the advantages and disadvantages of this type of marketing, provided several examples of such projects in action, and offered some recommendations to follow when participating in them.

Please share your experiences with projects using piggy bank marketing in the comments.

We hope that this article has been helpful to you. Wishing everyone successful and profitable investments!