Posts Tagged ‘ Amount Of Money ’

Today, lots of people who want to get an online business going are starting out with PTCs — Pay to Click sites. That’s just what I set out to do.
However, before I go on, in the event that you don’t have a clue as to how these websites work, allow me to explain further. A PTC site is a website where you are paid a very small amount of money for clicking on and viewing an advert for a set amount of time (ordinarily 30 seconds). Each time you watch an advert, a small amount of cash is deposited to your PTC account; ordinarily, this must accumulate to a determined sum of money (usually approximately $5) before you are free to withdraw it. In addition, Pay-to-Click websites usually have a couple of additional options for thoose who become members, and nearly all provide referral bonuses. 
Whether you amass your referrals yourself or buy them, when those people view ads, you get paid roughly 50% what they make.
In short, if you get paid $0.01 for viewing an ad, you’ll also get half a cent whenever each one of those you referred does the same.
It may not seem that lucrative, but think about if you had scores of referrals working for you. Several of these PTC sites likewise have a few special options to their members, allowing for more cash per click (sometimes for your referrals as well as yourself), additional ads and additional referrals. These optional membership plans can be expensive, but many will allow you to make more cash over time.
Now let’s say you register for a Pay-to-Click and it has 4 adverts. You become a member and refer 1,000 referrals.
You make a penny for every click, as do your referrals.
That’s $40, if you and all your referrals watch all four ads. Appears pretty awesome, right?
Not terrible for merely a few minutes of you time, right?
But hold it! The reality is that almost all Pay-to-Click sites are scams.
They are actually pyramid schemes. Why “pyramid”? The reason is if you aren’t among the first few into the pyramid, your chances of truly generating any money at all are very low, approaching zero.
To illustrate, if 10 peeople each invest $10, that’s a total of a hundred bucks. The top guy may return fifteen dollars to four of his downline, leaving the rest of the members out in the cold.
How they can get off with this is by enticing us to become members and to purchase referrals (which, incidentally, are often bots, not genuine people), then paying out money that others invest to pay for their own membership and later referrals. The cash received by watching adverts in no way covers their outlays, particularly when some of the dubious “referrals” are nothing but bots. Before long, people cease investing, and the later arrivals to the plan are hung out to dry.
If you are one of the ones close to the top, in from the get-go, there’s a chance of generating a little cash, but it is not worth the risks.
My advice is that you avoid PTC web sites like the plague. You may generate a small amount cash or not, based on how high and close to the head schemer you are, but he’s a scammer and every person you referred is losing money. It’s simply not a good situation.
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Tuesday, September 14th, 2010 - by Jack - No Comments

There is a service that is apparently in Beta called Paybox. Their goal appears to be to become a competitor to Paypal. I am suspicious of the amount of money they are offering people to sign up, but at least they are not asking for money. I personally see no harm in taking some surveys and referring other people to sign up.

Yes, they do in their terms and conditions state that they can change the terms of their service at anytime and NOt pay you the money promised. But almost every site says they can change anything at their will. If you were having to pay something to join that would be different.

And you can always see how it goes and stop participating.

If you want to check it out, then go here to sign up. It’s free.

 

 

Monday, July 12th, 2010 - by Jack - No Comments

Whether your business is online or off, the most important number you need to know is how much is a new customer worth to you?

If you spend X amount of money on marketing…PayPerClick, SEO Consulting, PayPerClick, radio or TV time, etc. you simply can’t base your decision for spending the marketing dollars on how many initial sales come in.

Here’s what I mean:

Say you have an ice cream shop and you spend $500 on a marketing campaign one month. The campaign brings in a new set of 100 customers who each spend an average of $3.00. That’s $300 earned on the $500 marketing investment.

A short-sighted business owner sees a “loss” of $200. But in reality,
25 of those 100 new customers will return…over and over again in the coming year(s). The lifetime value of each of those 25 new customers could be many hundreds of dollars!

The short-sighted owner vows never again to “waste” his money like that.

Imagine the money being left on the table with that type of thinking.

If the market was large enough, just think of the profits that shop owner could be reaping in a few years if they consistently had those types of returns on $500 marketing investments! I for one would be HAPPY to “lose” $200 in trade for those new, long-term customers!

Now think about your own business and what the real value is for gaining a new customer. Only then can you make effective decisions about how and where to spend your marketing dollars.

These are the 3 main reasons a  customer never returns to give you repeat business;

1) They have a bad experience
2) They don’t feel special
3) They are not encouraged to return

I want to expand or add to these reasons with something I’ve noticed lately. Too many business owners pay their customers lip service. In follow-up sequences, these customers are “told” they’re appreciated. However, few people actually take the time to “show” their appreciation.

For example, many businesses have a punch card that entitles you to something free after so many purchases. Considering the amount of money you might spend, it could seem valuable. However, those punch cards require you to spend a certain total to get something free and too, you have to keep up with the card.

As a regular customer, you would probably feel cheated. I know I do. Don’t take risks like that in your business. Repeat business is based on loyalty, trust, and a true demonstration of your appreciation. Try sending a card or a small inexpensive gift to a valued customer to show you truly care.