Wednesday, 25 January 2012

the Review is Coming!

After much duress I have found a site which will be up for review. Zealbux is still in prelaunch, but promises all the glamour of an 80's pop star...

Review will be posted shortly.

Thursday, 19 January 2012

Rented Refs - What's the Cut?

If you plan on investing in rented referrals there are a few things you'll need to know before you make your investment.

How many referrals will you need to rent?

How much do you need to spend in order to make a profit?

Before you buy up on your next batch of rents, you'll need to do a few calculations first..


Firstly, work out your costs.

I am going to run a scenario using the NeoBux product information. I will review and compare the earning strengths of different sites later.

Lets say Ron creates an account with NeoBux, and after a while checking different sites out decides to upgrade and purchases the Emerald Golden pack. He has paid $290 for an annual subscription. Before we work anything else out, it would be a good idea to know how many clicks he needs to cover the subscription.

The Emerald Account is costing Ron $24.16 a month. Divide this by the cost per referral click (for standard and fixed ads its .01c) and you've got 2416 clicks needed per month.
Now Ron needs to work out what average per day he expects to receive from each of his referrals. If he receives higher averages, the number of referrals he needs would be less, if his averages go low the number of referrals he needs would significantly increase.

To find the minimum daily average Ron needs to find out what the break even average of a single rented referral would be. If Ron rents a single referral for one month, it will cost him 20c. if that single referral doesn't make him at least 20c in that month Ron is making a loss on that referral. If he extends to the maximum 240 days he will make a saving, but Ron wants again to be conservative.

So, Ron works out a single referral costs him .0066 cents a day. If one click is .01 cents, Ron needs at least an average of .66 to cover the cost of the referral.

The calculation to work out what daily average Ron needs is the minimum referral cost average PLUS whatever the difference is to make up the membership. This will vary depending on the number of referrals Ron buys.

If Ron Purchases 100 referrals, he will need to make at least $44.16 a month to break even. To work out the average divide the cost ($44.16 + 24.16) by the cost per click (.01). Then divide by number of days (30) and divide again by number of referrals.  The AVG  needed 1.47.

If Ron purchases 500 refs, the AVG would be down to .82, and despite the costs obviously being a lot higher (144.16), with the average DOWN, his investment would be much safer. The more rentals Ron purchases, the safer his investment will become.

Important thing to note here:

THE SMALLER THE AMOUNT YOU INVEST THE GREATER THE RISK OF YOU LOSING MONEY.


Wednesday, 18 January 2012

PTC - A Closer Look

Is there really a viable income stream in PTC? Lets see...

The first thing I might point out is that it doesn't cost anything to create an account with any of these ptc sites, and (the ones I will be using as an example) aren't going to steal your details.  - As I think of it, the crap going into my email has gone down since I started. Hmm...

It does however require you to supply a method of payment, such as PayPal or AlertPay. Both methods are about as secure as you can get on the internet.

If you are thinking of setting up, links to all ptc sites I mention are available on the top right of the screen.



The value in actually clicking on a link is very small. If you click on the smallest ad -  a 5second or 'Micro Ad' - as a free user you will usually earn about .001 cents. Remember there are different lengths of Ads - the longer they play the more you'll earn. The longest Ads are usually 40 seconds, and depending on the site as a beginner will earn you anywhere between .015 c  (eg Neobux) to .5 c (eg ptcbox).

If you religiously click on all the available ads from one ptc in a week, on average you'll earn about 20c a week (depending on the site).

If you join five ptc sites and religiously click on all the available ads in a given week, on average you could earn about a dollar. So theoretically it is possible to make $365 a year on ptc's. Not bad!

But what about time? If you are clicking on every ad you come across, on five different ptc's you're looking at 5-40 seconds per ad. On NeoBux, for example, without upgrades or referrals, it took 120 clicks to reach 20c. If we are conservative and say all of those clicks were 10 seconds (add a second for loading time) you've got:

120 x 11 = 1320 seconds. that's 22 minutes. When you consider most of the ads you click will be micro ads (5sec), realistically it would be more like 7-12 minutes.

ClickSense provides records of every click you make, and you can use it to see exactly how you are doing. Over a six day period, with no referrals or upgrades, I clicked a total of 86 ads to make 24.6 cents.

You can already see how big the difference can be between ptc sites?

ClickSense presents all your clicks in a very nice report, which means I can do a more thorough analysis and say that over a seven day period, I clicked on:

12 standard ads (30 sec) - 360secs

13 mini (10sec) - 130secs

61 micro (3sec) - 183secs

=673 seconds, or 11 minutes. For 24.6 cents.

Is there a way to beak time? to somehow make things more efficient? Like a good old German clock factory?

We'll see.

Tuesday, 17 January 2012

PTC The Concept


Paid to Click websites pay members to view Ads. Every time you click on an ad, you receive between .0001 - .5 cents which are credited.

The money, however, comes from REFERALS. The idea is you get other people to join, and for every click they make you get a percentage.

With most PTC sites you will notice the amounts you can make are very small with a free account. There are usually limits on the amount of referrals you can receive, and even limits on rented referrals (I'll touch on those later!).

So in order to make more money, you must UPGRADE. Be very wary of ptc sites which are negatively geared. Something else I'll go into in more detail.

In coming posts I'll talk about HOW ptc sites work, and show you the calculations you need to consider before investing your spare cash.

Just remember, every business venture - no matter how big or small - requires homework.

Cheers,

Dave.

Monday, 16 January 2012

Lets face it. There is a LOT of money. Somewhere. Not so long ago I couldn't see the difference between earning money and making money.
My wife used to tell me all the time "You're not going to get rich by saving! If you want to get rich, you have to MAKE MORE MONEY!"  (note the underlines and bold text. Yes, that's really how she said it... )

Anyway eventually the penny dropped. I gave up my dead end job, and sought something that would at least pay money. But I am curious. And unfortunately, a bit entrepreneurial.

So I started searching for things which will pay money. Accounting. Eeasy. Started studying, nearly finished. Hope to get a desk job somewhere someday. But I had better put my previous skills to good use.. start an instrument repair business. Great. Then while I spend all my time running around after business, and studying, I need something else to actually pay the bills. Hmm....

Then my dad sat me down and told me a story. I'll bore you with it when I'm old and frail, but the point hit home - 'you've got to work out what you want, then go out and look for it'.

What do I want? I thought hard. I want to spend time with my family, be around for the boy, help out around the house. I want a passive income.

So I looked on the internet. Then I looked AT the internet. "THIS" -I thought to myself - "This is where business is going. This is where the future is. This is where the money is!"

So how can I get it?

This is where my journey started.



Let us go then, you and I...




Hello and welcome to my new blog. The Online Marketing Journals has been set up with the aim of providing an honest insight into the various sources of income stream available on the net.
Interestingly, every possible source of income somehow relates -in some way- to marketing.

The intention here is to provide useful information to those who are curious, who are seeking a passive income stream, who want fast money, or have already engaged in the various methods of online 'work'.

All of my views will be presented from the point of view of the investor, looking into business models and seeing whether we really do have viable income streams on the internet today.

There are many different avenues for creating income online, most of which you'll be familiar with. Data entry, online business, paid surveys, Advertising (ptc sites, Google Adwords), Multi-Level-Marketing schemes, and HYIP (high yield investment program) just to name a few.

What I want to do is take them apart, one by one, and have a look at how they work. The question I want to answer is - 'Is there a way to make viable income streams on the internet?'

I am sure many people out there are wondering the same thing, but before I start in earnest I want to explain why I'm here in the first place...