In Pain With Your PTC? How Well Do YOu Know PTC?

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I am posting this for the sake of those who are now in pain with their PTC. I have started a discussion about this some time ago, but the admin deleted it for the reason that I failed to include the reference or the source of the info (a blog actually, owned by a fellow Filipino). I'll include the reference URL now here: http://frugalpinoy.com/earning/online-income/money-myths-ptc-or-paid-to-click-sites-as-a-source-of-income/ Now read on, and after reading, feel free to post your reactions, whatever reactions you might have... If you visit online message boards for Filipinos, you’ve probably seen at least two threads about paid-to-click sites. They have titles like “Make money online just by clicking!” or “Get paid to click on ads!”. Sounds enticing, right? Especially since clicking is so easy. But there are more to paid-to-click (PTC) sites than meets the eye. What are PTC sites? Basically, paid-to-click (or PTC) sites are membership sites. You sign up with them and you will get paid to click on ads. Usually, members are paid for each ad they click. What PTC users do to earn more money is join several paid-to-click services at the same time, as well as recruit others to the service. See, when PTC users refer new members, they get a percentage of what their referrals earn. Do the math. Usually you get paid $0.01 per ad you click, and you have to stay on the web site you land on for 10 to 30 seconds, depending on what the program requires. There’s also a limit on the number of ads you can click each day. Let’s say the limit is 10 ads (but I’ve seen some sites that only have 4!). This means that you’ll earn $0.10 per day(Php 4.70) or $0.70 per week (Php 32.00), if you do it everyday. That’s around $2.8 per month (Php 131.60) for one program. BUT - remember that you’ll have to accept your payment via PayPal or a similar service. After that, you have to send this money to your bank account. There are fees associated with these transactions, which you’ll have to deduct from your earnings. You may not notice it, but you’ll have to deduct the electricity and internet bills associated with your participation with PTC sites as well. Are they scams? Well, I’d guess around 95% of paid-to-click companies are scams. If they are not scams, many of them are ticking time bombs that are ready to explode or cease operations any minute - leaving your hard-earned dollars unclaimed. There are many ways that PTC sites earn money. They could be using just one method below, just two, or a combination of all four: 1. Actual profit. This means that the company gets paid more per click, and you just get a small fee. For example, they could be paid $0.02, while you are paid $0.01. This means that they too earn $0.01 each time you click. Actual profit only goes so far because the PTC sites have to pay referral fees and larger rates to premium members. 2. Premium memberships and referral packages. Many PTC sites sell premium accounts where you can get paid more per click. They also sell referral packages, which allow you to purchase unreferred accounts and receive a percentage of the profits made by the referrals you bought. 3. Deserters. Not everyone who joins a PTC site stays active. Many of them, after getting frustrated with the low pay, will quit before cashing out. Their unclaimed cash stays with the PTC company. 4. The Ponzi Effect. Some people who join PTC sites are encouraged by the payment proofs from premium members. But down the road, they wonder why two or three months have passed and they still haven’t gotten their payout. In these cases, they aren’t scamming you - they just can’t afford to pay you. The risk: Remember when I said ticking time bombs? That’s because PTC sites are a goldmine for hackers and attackers. It’s fairly easy to do this, even YouTube tutorial videos on how to do it. Trying to improve and maintain their security and keep up with the attacks can be costly for PTC sites, forcing many of them to close. Also, there are very few reliable advertisers who buy ads from PTC sites. This is because they know that the people clicking on their ads are getting paid to do so - they’re not really interested in the product or the ad they are looking at. What are you doing with your time? Think about this for a few minutes: are paid-to-click services really the best use of both your time and your skills? While many people say that PTC sites only take a few minutes of your time, that’s still time you can never get back. If, say, you spend 5 minutes a day on PTC sites (more diligent clickers will spend more time because they join many sites), you’ll be spending 2.5 hours each month on them, earning less than a $3 total for those hours. That is, if you even get paid at all. It’s okay to try PTC sites if you’re curious, but don’t depend on them for your income. There are more profitable and more rewarding ways out there to earn money online. Even if you’re a freelance writer who charges $5.00 per hour (lower than industry standards), or a beginning designer who can churn out a $100 logo (lower than industry standards) in three hours, you’ll still come out ahead. Plus, you’ve created something meaningful, something you can be proud of. Feel free to react to this :)