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Who are using my advertising pays to make money online? It looked like adsense model. Anyone can share your experiences with this making money online model?
#advertising #pays
  • Profile picture of the author Michael Harris
    They pay you like they say they do.

    But I found that it's not easy to get conversions on the traffic that you get to your ads.

    Plenty of people click on your ads but they are doing that so they get paid.
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  • Profile picture of the author David Beroff
    I've played with it since September. As I expected, paid ad views don't seem to yield much fruit, but I figured it was at least worth a try.

    As for the growth of the credit packs, people get all excited about the huge numbers, but seem to forget that they can't (ever) be redeemed for cash. For the last few months, I've taken the approach of not re-buying packs the first N days of the month, and then withdrawing whatever cash has accumulated at the end of that period. I think I'll (ultimately) be able to withdraw my original investment before the site collapses, but I'm not certain. The trick is to figure out what N should be. Too little, and it'll be forever before you see your money, if at all. Too high, and you end up "eating your seed-corn", i.e., not allowing enough to remain in place to yield "compound interest". This month, I used 5. I really should plot it all out in a spreadsheet and work out the math.
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    • Profile picture of the author Michael Harris
      That sounds similar to the conclusion I reached with it David.

      I started with 3 packs late last year. And just kept re-investing when I could.

      As you know 3 is very slow, but I wasn't willing to outlay any more on it.

      I struggled to get any decent conversions on the traffic to my ads, experimented with squeeze pages and direct linking to offers, and to a landing page (no optin) to a free report promoting affiliate products.

      In the end I decided my time is better off spent elsewhere and I cashed out. I think all up I was down about USD30.
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      • Profile picture of the author David Beroff
        Yeah, I would never put down the idea of starting small, such as with your three packs. The main problem is that the required daily work (of clicking ten ads) is identical, no matter how many packs one owns. So at roughly ten minutes a day, that's about five hours of work a month. Obviously there's a wide range of rates of how people value their time, but let's just arbitrarily pick US$10/hour. Thus, if it takes a year for one to at least recoup back one's original investment, one would also have to take into account about $600 worth of their time.

        No idea if I'm typical, (probably not), but I put in a total of $1,389, and that includes all of the various intermediary fees. That got me 30 packs, and, at their very peak, I had had a balance of 50 packs. If I keep my current rate of drawing the account down about $100/mo., I should hit break-even (not counting value of time or advertising) at just about one year. I'd have to continue doing this for just under a second year in order to break even on the daily time investment. If the site still exists after that, then it'd actually turn profitable.

        Not that the above is entirely terrible, since if one extends the idea for a third year, one could make back maybe 50% on the original investment, equating to a yield of perhaps 15% APY over the three years. {shrug}

        I dunno. Given the chances that the site could simply disappear one day without repercussions, I'm not thrilled about the big picture, but on the other hand, since I'm already "in", I guess I'll see it all the way through.
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