Homeowners warranty

If you are one of the lucky people that still have homes during this recession, you might want to take a look around and consider getting a warranty as a homeowner for your home. You should consider getting a home warranty if any of your expensive appliances such as air conditioners or heaters. Besides that, if you are one of the more lazy people out there who don’t like getting down to work or worrying about stuff when an appliance breaks down, you should seriously consider getting a home warranty for your home. (Read more about the different home warranty plans)

Once you have decided that you need a home warranty, it’s time to buy a home warranty insurance from a reputable company. Buying from a reputable company is extremely important as this will ensure that you get the insurance you need when something breaks down and not have a company try to talk themselves out of the responsibility.

Besides that, if the company is not reputable, more often than not, they also might not be financially secure and sound, which means that your home warranty will not be guaranteed to be valid fro much longer.

Choosing a good company out of all the home warranty companies out there that has plans that suit your needs is quite a complex process. Therefore, I highly suggest you check out http://www.homewarrantyreviews.com/ to read up and educate yourself on everything about home warranties.

If you enjoyed this post, make sure you subscribe to my RSS feed!

A Few Ways To Determine Whether A Pay To Click (PTC) Site Is A Scam And Is Going Bankrupt

Paid To Click (PTC) sites number in the hundreds - if not the thousands on the internet. Nowadays, ready made and generic Bux scripts can be found and bought of the internet for a couple of dollars, giving rise to a huge number of aspiring people who want to run their own PTC site setting up their PTC sites with these Bux scripts. With these huge number of new PTC sites on the internet, the number of scam sites have increased dramatically.

Here is some of the ways and things to look out for in PTC sites to determine whether a particular PTC site is a scam or is about to go under. Though this method is a good indicator of whether a PTC site is a scam, bear in mind that exceptions do exists and the site might be truly good or that the site is just taking longer than usual to acquire the “scam” status while slowly milking away investors and members money.

• Unprofitable business model
• Asks for donations
• Payment takes a long time to arrive
• Has too many promotions that give you too much while charging too little

Unprofitable business model

Many Paid To Click sites on the internet nowadays have either extremely unprofitable business model or a model that barely breaks even. Sites like this charge their advertisers less money than what they need to pay members for all the clicks. Sites like this are quite sure to turn out to be a scam as who in their right mind will want to run a PTC site that loses them money?

The way to determine whether a site has an unprofitable business model is to calculate their profit or loss for every 1000 clicks purchased and a 1000 clicks by members. Remember to take into account the amount needed to be paid the 1000 standard members who clicked and the amount needed to be paid if the 1000 who clicked were a referrer of someone.

Lets say PTC site A charges advertisers $7.99 for every 1000 clicks, pays standard members $0.01 per click and pays members $0.005 per referral click.

Income of PTC site A every 1000 clicks = $7.99

Money needed to be paid to 1000 standard members = 1000*$0.01 = $10

Money needed to be paid assuming that everyone of those 1000 standard members are a referral of someone (In a PTC site, nearly everyone is a referral of someone) = 1000*$0.005 = $5

Expense = total money needed to be paid = $10 + $5 = $15

Expense > Income

Profit = income - expense = $7.99 - $15 = -$7.01

PTC site A runs at a deficit of $7.01 for every sale of 1000 clicks to advertisers, which means PTC site A makes a loss of $7.99 for every 1000 clicks someone buys from them. PTC site A has a unprofitable business model and will most likely go bankrupt or is a scam.

Lets do a case study of Thinkbux:

Standard members get $0.01 per click

Premium members get $0.012 per click

Referral clicks are $0.005 per click

Thinkbux charges $14.99 per 1000 visits

Using the formula,

Income every 1000 clicks = $14.99

Money needed to be paid to 1000  premium members: 1000*$0.012 = $12

Money needed to be paid assuming 1000 of the premium members are referrals of another member = 1000*$0.005 = $5

Expense = total money needed to pay = $12 + $5

Expense > Income

Profit =  income - expense = $-2.01

Thinkbux runs at a loss of $2.01 everytime 1000 clicks are done. Although I assume that all 1000 clicks are from premium members, even if you take that all 1000 members are just standard members Thinkbux still makes a loss every 1000 clicks. It does not even break even. Thinkbux has an unprofitable business model.

Sites which have a unprofitable business models are more likely to turn into scams or go belly up as they just do not have the resources of finances to pay their members.

Asks For Donations

This is quite easy to understand. When a PTC site says it needs donations to keep it alive and to help pay the premium members without a valid reason, you know the site is a scam or is going down really soon. Sure, some PTC sites just need donations to get over a rough patch such as NeoBux which had their Paypal Account  frozen with 72% of their money tied up and had needed donations to get through. After about 20 days they got back their account and had given “donated” back to everyone who had donated to them in the form of referrals. However, more often then not when Paid To Click sites start asking for donations, you know they are going belly up soon.

Sites that ask for donations to pay members but do not have a valid reason are basically in a money losing cycle. They lose money every time advertisers buy a package from them that is why they need members to donate to make up for the balance, but as this is a cycle, they will always have to rely on members donation, thus hastening that particular PTC site’s death.

Payment Takes Too Long To Arrive

We all know PTC sites that take forever after we had cashout before we received the money. The cause of this if I were to put it into simple terms is that the money cycle is not moving fast enough, and is overtaking them. The reason the PTC sites cannot give you your money immediately is because they just do not have enough cash with them and are waiting for more advertisers to advertise with them. Once advertisers advertise with them, they use that money to pay off the earlier clickers, which however leaves the clickers who had recently clicked with no money and thus forced to wait. Sites that have a really long payment wait are bound to make many members unhappy and ultimately turn into scams.

Has Too Many Promotions That Give You Too Much While Charging Too Little

PTC sites that have constant promotion that seems too good to be true are more often than not going to turn out as another scam site. This is quite closely related to the unprofitable business model above.

Lets say PTC site B has a promotion package that costs $10 and gives you 20 referrals which is worth $20 and 1000 advertisement clicks which is worth $6. PTC site B has pays $0.01 per click for a standard member and $0.005 for every referral click.

Income from sale of promotion package = $10

Money needed to pay the members who click on the 1000 advertisement clicks = 1000*$0.01 = $10

Assuming each member that clicks is also a referral of someone (nearly everybody in a PTC site is referral of someone as the PTC site always sells referrals) = 1000*$0.005 = $5

With the 20 referrals, the person who buys the package from PTC site B would be able to earn even more money which PTC site B would have no way of getting without selling even more promotion packages, which in turn makes the whole condition much worse.

Expense = money needed to be paid = $15

Expense > Income

Profit = income - expense = $10 -$15 = -$5

PTC site B makes a loss of $5 for every promotion package sold and makes its condition worse as members would be earning more money with the referrals which PTC site B has to come up with.

Lets do a case study of Better-Bux.

Take a look at their Labor Day special.

Standard members get $0.01 per click

Referral clicks are $0.005 per click

Using the formula,

Income from sale of promotion package = $100

Expense = Money needed to pay members who clicked on the 250000 link credits = 250000*$0.01 = $2500

Expense > Income

Profit = income - expense = $100 - $2500 = -$2400

Even without taking into account the members who clicked who are referrals it is quite obvious that Better-Bux has no way of paying the members. Better-Bux makes a loss of $2400 every single time someone buys an advertisement package.

Needless to say, no PTC site wants to run at a loss, so these sites usually turn into scams so that they themselves can at least earn some money at the expense of members.

What Now?

These are just some of the methods I use to determine whether a PTC site is going to turn out to be a scam. I hope that you find it useful and be careful as you invest money buying referrals and time clicking on various different PTC sites. A PTC site paying you once doesn’t mean that it will never turn into a scam in the future.

But after all is said and done, even though some PTC sites I mentioned which makes some of the errors, they still have paid me, so do take everything with a pinch of salt , and make sure you do not invest more money than you can afford to lose. This way, even if you do lose money you would be able to absorb the loss.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Unlock the Power of B2B Marketplace and Grow Your Business Significantly

The secret behind the enormous success of Chinese suppliers is the influential marketing techniques of online B2B marketplaces like TradeKey that put Chinese products in front of interested buyers when they are actually ready to buy. TradeKey knows what it takes to market products online.

You may also use the power of online B2B marketplace, for example TradeKey, to promote your company and products and make your business recession-proof in today’s highly competitive and turbulent economy. Yes, TradeKey will make your business recession-proof.

Chinese Product Promotion:

Chinese products have an extremely high demand all around the world. Due to this reason B2B portal like TradeKey and others which are located in other countries tend to reach Chinese manufacturers and exporters. It won’t be incorrect to say that online B2B websites and Chinese products must stick together in order to succeed in global trade.

Attracting Global Buyers:

B2B marketing concentrates highly on bringing buyers to the B2B website from all over the world. B2B marketing experts of TradeKey.com bring buyers from around the globe to the TradeKey platform every single day. This powerful marketing feature makes you tension-free as you don’t have to worry about finding new buyers yourself. Envision the amount of money you will save by not visiting different cities or countries to search for new buyers.

Cost-Effective Marketing:

B2B marketing is cost-effective and even free, based on the B2B marketplace you intend to utilize. If you prefer paid B2B marketing then the cost will be tremendously low, ranging from a few hundred dollars to a few thousand dollars per year, depending on the number of benefits you intend to gain.

About TradeKey:

TradeKey.com is world’s leading international Business-to-Business Marketplace for importers and exporters. TradeKey has been ranked in the world’s top business websites. TradeKey welcomes over 7 Million visitors with over 25 Million PageViews without fail every single month. Every month, more than 3 million buyers use TradeKey business platform to find new manufacturers, wholesale suppliers and products that generate transactions worth US $100 million.

TradeKey proudly became the world’s first B2B Marketplace that earned both ISO 9001 and ISO 27001 certifications to ensure quality and data security. These certifications clearly indicate the high ambitions of TradeKey, i.e., TradeKey is in constant pursuit of customer satisfaction by providing the best possible and the most accurate services to importers and exporters.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Superior Web Systems – A Recommended Web Design And Web Development Company

Recently I was introduced to the Superior Web Sytems which is a toronto web design company that provides these few services:

1. Web design and development (web software development)
2. Search engine marketing
3. Hosting

What impressed me about Superior Web Systems is that it has quite a large number of clients ranging from the Brama Telecom Inc to Wild West Cars. The designs are quite impressive with a sleek and modern design with a fitting colour range.

There are lots of web design companies on the web nowadays, and finding a company which you can actually trust to do the job well is few and hard to find. This toronto web design company is one of the few web design companies out there which you can trust to amaze you with their web designs.

For those of you are looking for a company which does both design and web software development, look no further as Superior Web Systems offer both these services. Having one company handle both your design and software development greatly eases your burden as you do not need to keep track of how your projects are doing from 2 different companies.

Please do check out Superior Web Systems for your web design needs.

If you enjoyed this post, make sure you subscribe to my RSS feed!