Clearly the business model behind the many revenue sharing programs out there is not the best and is borderline a scam in my opinion.
With the questions flooding my inbox about these types of programs, I had to do a post to address what revenue sharing is all bout before you invest a single penny into them.
For some of you, making money online is all you care about and that is completely fine. Now for those of you looking for advertising, this might not be your best bet.
I will like to explain both sides of this so called business and answer any questions you may have if you are considering any of the two things offered here.
So What is Revenue Sharing?
Like it says in the name, you will be sharing revenue. Now how this is done might not sit well for some of you and will probably chase you away.
The way revenue is shared is by simply getting new people to join the program and that is it. No one new comes in and there will be no revenue to share.
Now there are two ways that people get involved with this and that is also the two things that keep things going. So what are they?
Advertising at its Worst
This is the very same reason that these programs are allowed to keep going. This is what their product is and without it, they will literally be nothing but a scam.
So when any revshare program starts off, they are using advertising as their product, right? Now tell me exactly who will be seeing their ads if there is no one even on the site?
That’s exactly why you can say that the “advertising” offered with any program is nothing but garbage. Now when everyone and their mothers signup to the site, it is for one reason and one reason only.
To make money.
Now when you have companies like Paypal that aren’t willing to do business with any revenue sharing program, that says a lot about the legitimacy of the business.
People used to tell me that wasn’t a good indicator, but after Paypal cut all ties with them, I think they can agree without arguing.
Making Money With Revenue Sharing
It is definitely possible to make money, but the way it is done is not the greatest method. However, this is also why it keeps people coming in.
As a member, you can make money by simply having new people join. Now with a little incentive (commission) for getting new people in, will have people promoting this like it’s the best way to make money online.
Of course I disagree with that and for many reasons at that.
- There are no guarantees
- No refunds
- Advertising is not the best
- Business model is bleh
- Takes at least a month to be in profit
- Profit is not that much (requires a large investment)
- Paypal not accepted
- Won’t last
So if you’re on Facebook, it will almost be impossible not to encounter a revshare, because everyone will be promoting it to make some money off of you.
And yes, there some people that make thousands of dollars just from recruiting alone.
Now one thing people don’t understand is that you are not going to be “making money” right off the bat. It will take at least one whole month to get your own money back before you start making any type of profits.
So if you see some screenshots of people making money, remember that they either put in a lot of money to start with, or they have recruited a lot.
Revenue Sharing Will Not Last
I don’t care how long the members of these programs want them to last, the truth is that it won’t. Get things to slow down and you can expect panic from the high rollers and they will withdraw their money and jump to the next best thing.
All this means is that the people that are clueless and not in the know will be the ones funding the big spenders.
With the shutdown of Traffic Monsoon and its owner (Charles Schoeville) in court, that will tell you more about how these programs are not legit.
For those of you that are still thinking about joining, at least you know what you are getting yourself into. Not the best, but in its early stages, it can make you money.
There aren’t many ways to make money online and most of them are complete rubbish. They are all setup for the owners of these products to make money and will leave you looking for something else.
Been there, done that.
Now I found a program called the Wealthy Affiliate, which is not only legit, but it is by far the best type of business to run.
Yes, it is done online and it can be done from the comfort of your home.
Without this program, I really don’t know what I’d be doing right now. I’d probably still be playing Army or working a 9-5 making someone else money.
So if you are still looking to make money online, you need to give that program a try. It comes with a completely free trial and you don’t have to put in any credit card information so they can charge you later.
This one works and there is no arguing whether it is legit or not. Give it a try and you will see how revenue sharing is something you need not get involved with.
Other than that, thanks for reading and good luck!
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