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What do you get out of a referral? Usually on other sites you get points or money or something.. What do you get here on SEO Clerks?
I have my referral link in the signature line on a very large webmaster forum. But I've read how some members have very good success advertising or linking from blackhat forums with the affiliate link. I think it would work better if you linked to specific gigs such as backlinking packages, SEO gigs, etc. As those specific gigs will be of interest to a niche crowd and more likely convert.
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Here you get 10% of your referrals earnings!
The referral link is the link through which you build your downline at a sites or any kind of website that allows you to bring referrals and earn money on their activity.