Do you know how Mylot makes money in this business
By doingit4fun
@doingit4fun (917)
United States
January 10, 2007 3:31pm CST
I am curious how much Mylot.com makes and how do they make it. There are 55000 users on mylot and if they pay 50 cents to everybody on average they are paying $27,500 per day that is $825,000 per month.
They need to make 1 million dollars per month to almost breakeven. I can see google ads (adsense) here but I am not sure how many of us click on them to make money for mylot.
Any guesses are welcome here on how they may be making money and how much.
3 responses
@echo242372 (12)
• United States
12 Jan 07
Please note, mylot may credit everyone's account with 50 cents a day, but mylot doesn't actually pay it out till they reach their minimum payout of $10. Those accounts that never reach their minimum payout don't cost mylot anything.