Sunday, August 30, 2009

Which PTCs Work: Conclusion to date

I came across a blog in my internet travellings: Online Approved, it was called.

After looking at the list of PTC sites that were personally recommended by this blogger, I came to this statement:
"The only way PTC sites could really be profitable to you is if you had dozens of faithful referrals, which is unlikely for most of us. 

So with the exception of You Data, I think PTC sites are a waste of time. If you still want to start using them, join You Data first, and then try Wordlinx or MyPoints."

While I agree that most PTCs are essentially a pyramid scheme (because they're not worth the effort and to make them worth the effort you'll have to get direct referrals (which means that you'll be stringing along your side others for whom this endeavor will be a waste of time...)), but, what I think is critically missed in this evaluation is rented referrals. Granted, there is the possibility of the referrals being bots. This possible investment risk can be easily circumvented by only signing up with PTCs that allow you to use your main balance to rent referrals, instead of having to invest your own pocket money.

That being said, if renting referrals proves to be a waste of time, then YES, ALL PTCS ARE A WASTE OF TIME (if you intend to make a decent amount of money). 

So far, according to my above heuristics, the only PTCs that I recommend are NeoBux, PalmBux (maybe not though, since I've never seen referrals available for rent) and BuxWiz. PTC sites that require the package to be more than $1-2 (i.e. more than 3 rents at a time) can be discarded.

If renting referrals on NeoBux does not pan out for me, I will stop using PTCs altogether. With, perhaps, the exception of PaidToClick. There aren't too many ads, and it looks like it could be a pretty consistent income of, like $0.05 per 2-3 days. Nothing big, but not too bad for not too much effort. BigKahunaClicks is also paying, but there is a 1% fee, which, in my opinion, takes a huge chunk of the money you earn.

So, really, there's only one PTC site that I can recommend: NeoBux. And until I make profit with it (I'm at -$28 in net profit), it's going to be a small recommendation.

9 comments:

Ms MangoMe said...

Well said.

I think you should stick to one (or two) PTCs and look for more lucrative ways to make money (as you seem to be doing).

Good luck. You seem to be good at going out there and trying stuff out, so I'm sure you'll do really well at some point.

take care...

shyguy76767 said...

Thanks. The other options that I'm looking into are those writing sites, and a job. I don't really think those writing sites will pan out, so I'm probably going to stick with eventually getting a job, perhaps as a dishwasher.

Ms MangoMe said...

A dishwasher? Fine, if you want to, but I don't think you'd be making the most of your talents.

shyguy76767 said...

And what are those talents that you think I have?

The reason I want to be/start out as a dishwasher is that I enjoy doing dishes.

Ms MangoMe said...

I think you're a good writer, curious, ready to take a risk, a go-getter/doer.

Believe it or not, I enjoy doing dishes too, but I tend to enjoy doing other people's more than mine. :-)

If you really enjoy dishwashing, then by all means, go for it. You can make money online on the side.

take care...

shyguy76767 said...

Another aspect of me that you probably don't know about is that I'm shy. I'm not really sure what fields of money-making/entrepreneurship that would fit me in. If I could do something that was online-based, that would be great.

Matthew Murphy said...

Thanks for stopping by my blog. I should have covered rented referrals in my post too. I did try that a Neobux a few months ago and I had small losses. I was thinking rented referrals would be a good solution but unfortunately they did not work for me.

shyguy76767 said...

That is unfortunate. Thank you for coming here and commenting.

Ms MangoMe said...

Shyguy,

Do some research, find out the various ways people are using to make money online, see if any of them interest you (apart from the money aspect), then try it. You won't really know what fits until you do.

take care...