A while back I posted that I was trying out a new money making program called Yuwie, a social networking site that shares their ad revenue with their users. Well, I've been a member for several months now and here's what I've found out.
As a money making program, they don't live up to expectations. When you first start out with a program like this, you expect it to be slow and you expect to not make much money at first, but after several months of using the program in a normal fashion, that is logging in several times a week, adding friends and getting a few referrals, I've not seen any increase in money. Indeed, it has paid next to nothing, so it's my opinion that it's not worth my time as a way to make money online.
Looking at their own example of earnings potential, you would need hundreds if not thousands of active referrals to make any decent amount of money with this program and the average user is not going to reach that level. Remember, they must be ACTIVE referrals that use the program on a continual basis. The average referral is going to try it, realize they will not make any money with it and probably give up on it after a month or two, so keeping hundreds of referrals active would be a daunting task. It's probably making money for the owners and people at the top but that's about it, so a good money maker for the average user it's not.
It is however, a place where you can socialize and meet people, many of which are online marketers and entrepreneurs who are also trying methods to make money online, so in that respect it can be worthwhile, but simply as a networking site, not a money maker.
One program I really like is Squidoo. I started out slowly and it didn't seem to be making any money at first but as I got going, the earnings have increased and I've been paid by them, so it's a good program well worth the effort. It has good potential and I'm going to try and steadily increase my earning with them over the next few weeks and months.
Stay tuned and I'll let you know how it works out.
Wednesday, September 16, 2009
Sunday, September 06, 2009
New Money Maker
I found another money making program that is similar to a social networking site but is set up more like a forum. It's called MyLot. You make money simply by using the site to post new discussions, reply to other people's posts or their comments on your posts. You can also make money for uploading photos and there are also tasks you can complete to make various amounts of cash. You can refer others to increase your earnings and they have a low $10 minimum payout.
If you like using forums and responding to questions and discussions, MyLot is definitely for you. It seems to be a popular program that is growing and adding new members at a good rate so it's probably a good time to join and promote to build a good referral network. Give it a try, it's free to join.
If you like using forums and responding to questions and discussions, MyLot is definitely for you. It seems to be a popular program that is growing and adding new members at a good rate so it's probably a good time to join and promote to build a good referral network. Give it a try, it's free to join.
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