Monday, October 5, 2009

Introduction to PTC sites : What you need to know before joining them

Most PTC sites have a short life circle because they are unsustainable. The reason this happens is the fact that most of these sites are scams and try to make as much money possible before everybody realizes that they don't pay. Another reason for their short life is bad management, let's have an example:

An X site emerges. It promises to pay every member 5cents per click and 2 cents for its of your referrals clicks. It sells its service to advertisers for 6$ per 1000clicks. Lets assume that 1000 users click the advertisement and all of these users are somebody's referrals. The users earn 5$ altogether while the people that referred them to the site earn another 2$. Somebody payed the site 6$ and the site payed its users 7$ to fulfill its service. This site doesn't make a profit, it actually loses 1$. It also has its maintenance expenses. All this means one thing, it may pay the first wave of users that reach the minimum payout but it will eventually stop paying its members as more people reach their payout because it doesn't make a profit. Some sites pay high in order to promote their site amongst others and lower your profits after they reach a certain number of users. While others don't pay their members and take all the money in their pocket.

Important rules you must follow to avoid working for free:
  1. Rule #1 Always check the amount advertisers have to pay and do your math to check whether the site you are willing to register is sustainable or a scam.
  2. Rule #2 Never give money to register to a site. 99% this site is a huge SCAM. These sites should pay YOU. YOU shouldn't pay THEM.
  3. Rule #3 Check the origins of the site. How long has it been around? Its dangerous to join a new site unless you have a real life friend who has joined it and has been paid.
  4. Rule #4 Most sites offer advanced/paid membership which will help you earn more. Is this worth? If you really want to try it out, do so with the money you actually earned from the site. Not with your pocket money.
I will soon post some PTC sites I have worked for and my opinion for each of them.

You can find my oDesk review here

You can find my WordLinx review here


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