MyLot- Great Idea

December 18, 2011 9:03pm CST
As I have begun to get paid from MyLot, I started wondering how they manage to keep this site up and running and pay all the posters. Then I realized what a great plan it is. So I began to look a little deeper into MyLot and how it could work. Within a couple minutes, I realized that MyLot was probably actually making quite a bit of money. Think about it- MyLot pays you for quality posts. In theory, MyLot is paying you to put content on their site. Before joining, I would often Google a phrase and find exactly what I was looking for in a MyLot post. The posts were always informative, but the only thing I didn't like was the ads. However, after I joined this site, I realized this is how they keep this site up and running and that they are not only making money off of people who reach a topic via a search engine, but also off the posters themselves. I have to say that I am very impressed with the creators of MyLot for coming up with this clever business model. I hope this post didn't have anything against the rules on here. If so, please don't ban me.
4 responses
@indi15 (888)
• India
22 Dec 11
You are right mylot must be earning money but we are earning too. they have a good business idea so they are in profit . But this site is really good, amazing, i can spend my whole day here.
@megamatt (14291)
• United States
22 Dec 11
I think that myLot has a rather great business model and it is really going to be a website that is smart enough to do what they really need to do to say the very least. I think that this website did not just randomly pop up online, but there was going to be much thought, much planning, into putting things right into that website. And the proof is that years later, myLot is still here, still thriving, where many websites have come and gone. This is no fly by night operation by someone who put approximately five or ten minutes of thoughts to really into the website. It is here for the long haul. It has been here and it always will be here, that is just something that makes us smile as we post.
• India
19 Dec 11
You are right. This is an great idea and we can earn more money with this mylot.
• Philippines
19 Dec 11
Even myself, can't really imagine how these things here in MyLot will work out. :/ I've been here for one year already with my old account. But then, suddenly I've got lazy to continue so I decided to quit. Now, I have this new account and starting all over again. :/ i don't know when will I succeed here. Always keep the faith!