Archive for May, 2010

Making Money With A Cash Matrix

If you are in the PTC circle then you have probably heard of similar methods of making money such as GPT or get paid to sites such as PrizeLive or Inbox Dollars.  But there are only a few that know about another type of money making site called a Cash Matrix.

What is a Cash Matrix?

A cash matrix is typically a site that sells a membership to access digital products.  In truth this is just a way to be able to legally create the matrix itself.  The power of earning with these sites is the growing of your downline.  Simply put, the more people that join under you, the more you make.

The Process

Let’s take a look at an example.  A very new cash matrix I just happened upon is called InstantandEasy.  They offer memberships for 4 tiers that are different in price.  The higher priced memberships offer you a bigger commission on the people you recruit.  Let’s use the lowest tier which is $25.  By joining at this price, anytime you refer someone to the site who joins you make $5 instantly to your AlertPay account.  So by referring just 5 people you break even.

Power of the Matrix

But wait, this is a matrix which means that not only do you earn for every referral you get, but you also earn a commission on the people your referrals get.  So for example, if you recruit Joe you would get $5.  Now if Joe recruits someone, Joe gets $5 and you get $5!  This type of leverage creates exponential earnings for you.  And guess what this happens for 4 tiers.  If you Joe, recruits Ann, anyone that Ann recruits you get $5, Joe gets $5 and Ann gets $5.  And it goes 1 level beyond that.

Matrix Sites That Pay

InstantandEasy

BuxMatrix

Workdfor3dollars

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A common question I’m asked is how do you make more money with PTC sites.  Many people believe that to make money with PTC sites you need to join as many as you can.  These people couldn’t be more wrong.

To be successful you need to use leverage and the way to do this with paid to click sites is in the power of referrals.  Referrals are the way to residual income and the only way you will make “real” money with PTC sites.

OK so how do we do this.  First off, limit the amount of sites you join to under 10.  Joining more then 10 sites will cause you to burn out and you end up just quitting altogether or getting discouraged.  By joining a reasonable amount of sites you are more able to stay active on those sites and focus on getting referrals.

Another important point about limiting the amount of sites you join, is that you will be able to stay on top of which sites are paying and which sites are scams.  Joining a ton of sites only to waste clicks on those that are not paying you is a waste of your time.  It’s better to stay on top of a few and build your downline to leverage the earning power of that site.

Success lies in leverage, and leverage in this case lies in your referrals.

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Is Gagabux The Next Scam PTC Site?

I have been waiting for my last cashout request for Gagabux for over 10 business days.  The TOS says 5 to 7 business days so I thought to myself ah well its just a few business days, I’ll just wait.  However I decided to check the forums on Gagabux.  Low and behold what I saw was mass pages of posts where people are complaining that they have been waiting for over a month on their payout request.  Up until this point I haven’t had any problems with Gagabux, but after reading their forums I started to wonder.  Is Gagabux the next scam?

Besides the numerous posts of members not getting paid, another thing that bothered me is the fact that they changed the amount of ads you need to view to get referral credits.  This change is recent and may correspond to their lack of not being able to make payouts.  Previously you needed to click on 4 ads to get referral credits, which is pretty much standard amongst bux ptc sites.  Only  recently they changed it to 8 ads.  It never really occured to me until I read the forums that this could be a sign of the end.

In many of the other cases where bux sites have bit the dust, they will start to offer heavy discounts to memberships, referral purchases and advertising.  This will confirm beyond a doubt that they are done.  Already with the backlog of payout requests the outlook is gloomy.

Time will only tell, but for now it does not look good for Gagabux.

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Paying PTC Sites

Finding paying PTC sites can be tricky sometimes, especially with the high turnover rate of such sites.  There are several quick ways for which you can identify which are scam PTC sites and which ones pay.

Overall Appearance

Look at the overall appearance of the site.  Does it look like something that was slapped together in under an hour or haphazardly just put together for quick buck.  If so, then stay away.

Read TOS

They always say the small print is what gets you, so make sure you read the TOS and FAQ of the site.  You may also want to check back on it often as well, since most TOS’s have disclaimers where the webmaster can change it at any time.  Don’t be suprised to see a site that started paying in under 48 hours according to the TOS, later change to 30 days.

Overall Click Rates vs Advertising Costs

Assessing the profitability of a site is also pretty easy to check.  Make sure the advertising costs are greater than the click rates they offer to their members.  You’d be surprised how many PTC sites are run by people who lack the basic knowledge that profits must be greater than costs.  For example:  If a site rewards its members with $0.01 per click on ads and $0.05 clicks per referral, this would mean that the PTC sites would pay $15 for 1000 ad views assuming that person was referred by someone.  If the same site offers advertisers 1000 clicks for $10, they obviously are not making enough to cover their daily costs.

This was actually very common just a few years ago with sites like crewbux and thinkbux who were trying to keep pace with Neobux.

Read the Forums

Read what people have to say about whether a PTC site is paying.  You can quickly assess if a site is paying or not.  As an example, check out the forums at Gagabux.  Look how many complaints there are of people not getting paid and have been waiting for over a month even though the TOS says 5 to 7 business days.

Active Admin

Not always, but most often, an active admin is a good indicator that the PTC site is currently paying.  When the admin becomes less active, that’s the time to get out.

While these signs are not 100% fool proof, they do give you insight on what you should be looking for in a PTC site that can pay.  Even so, many sites that do pay, often take longer and longer to pay and often stop completely.  Generally, Bux type sites will more often then not have a very short life span, where as Aurora type sites last much longer due to their lower payout rates and cheaper advertising for its advertisers.  In the end, its all up to you.  Click smart.

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PrizeLive – Must See GPT Site

GPT sites  or Get Paid To sites, offer you more than just PTC ads to earn money from.  Most GPT sites will also offer money for completing tasks such as submitting your email or zip code, filling out free offers, playing games, reading emails, shopping online using their links, and many more.

PrizeLive is one of the very best GPT sites around.  At first glance there is a lot to take in and can be a bit overwhelming, but once you get used to the site’s format, you will become a lot more comfortable.

Earning money at PrizeLive is very fast and quite frankly very easy.  You can easily make a few bucks in less then 5 minutes.  The site uses a system of points instead of cash, but essentially it is exactly the same.

1 Point = $1.00 and your points can be redeemed for cash instantly via Paypal.

One of the greatest things about PrizeLive is just how many ways you can make money in just a short period of time.  Not only that, but just like PTC sites, you can earn from your referrals.  You get 10% of all your referral earnings, which can add up quick if you are lucky enough to recruit active ones.

All in all, PrizeLive is a fantastic GPT site that I highly recommend.  It’s free to join and you’ve got nothing to lose.

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