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Sunday 12 April 2015

The value of networking

A common feature of sites that pay users is that you get rewarded for recruiting people. This seems logical as they need to grow in order to make enough to pay the staff. Tsu and 3tags have the same model (spookily, rights-infringingly similar) where you get a portion of what your 'children' and their children make. The site keeps 10% in each case.



I've seen people on Tsu with networks of many thousands of people and this can make them several dollars per day. This only works if they are active. I have built a fairly large network myself, but only a small percentage are still active on the site and so I still only make pennies per day. This may change in time if more people join up or if those who joined before come back. There is definitely an issue with keeping people engaged. I suspect they give up when they don't make anything immediately. I think the two main issues are

  1. Setting realistic expectations
  2. I also think there is a language barrier. I've reached out to some of my children, but often they do not respond.

I wonder if some people join Tsu when they see a link just to see what it was as the main site is not visible to non-members. This seriously reduces how many will use it. I want my public content to be truly public, where Google etc can find it.

3tags is public and seems to benefit from that as people are making good money even though it has a lot less members than Tsu. I haven't managed to recruit many people and creating a post involves a little more work than Tsu, so I'm not doing much there. It's not really a social site. It's about sharing links and blog posts. I could blog there I suppose, but I prefer to be a little independent. Yes, I know Blogger is not under my control either. I do have my own site, but it's easier to blog here.

There's a new (ish) player at Bitlanders. Their USP is that they pay in Bitcoin. The site looks a little like Google+, but uses cartoon avatars. I think it's actually been around for about 6 months, but it's fairly quiet there. Some people have accumulated thousands of followers and may be making money, but there's not much discussion of that. A lot of the posts I see are about Judo. I think that's because some of the founders are into it. You get 'buzz' for viewing posts and videos. Each day that gets translated into some small amount of Bitcoin. If you recruit people you get a fixed 20% of what they make. I'll keep an eye on it, but I won't be visiting every day.

I've been neglecting things like blogging and pocasting lately. I need to drag myself away from the feeds and get back to that, as well as important things like playing my guitar.

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