Agloco Again
As many of us have seen hundreds of times already, AGLOCO is one of those services that claim to give you money just by surfing the Internet.
Well, the good news is that they actually mean it. The amount of money that a person can earn is still quite low, but the potential is there.
Today, they released how much people can expect to earn if they were members for the last three months… For a typical person, who doesn’t have any referrals, this is $7.20, payable in 120 monthly payments over the course of 10 years. That translates to $0.06 per month.
Yes, it’s pitiful, but it is more than you were making while randomly surfing the Internet yesterday, right?
Here’s the real cost to you: AGLOCO installs software on your computer that shows text based advertisements… Right now, I’m seeing an ad for an Apple notebook. Fortunately, this ad is easy for me to ignore… as it sits quietly at the bottom of my screen. Also, whenever you use their search feature, which defaults to Ask.com’s search, you are shown the same ads that anybody else who already uses Ask.com sees.
Users of older versions of Internet Explorer will enjoy the search bar, even though it is a tool which Firefox has had for quite a while now, and which the latest version of Internet Explorer has also added. Really, it is just a matter of habit to use AGLOCO’s search bar rather than the one built into the browser.
Now, here’s where it gets interesting… at least for me, since I’m all nerdy and I like to crunch numbers. Just imagine for a minute that you were good at writing. (Perhaps you actually are good at writing, unlike me.) Based on looking over people’s statistics, I have figured that for every eight people that you can sign up directly, one of them will be able to sign up more people under them. All that it takes is convincing them to take a chance, right? (It’s actually that old 80/20% rule again… I do get tired of seeing it, so I won’t mention it again.)
Well, the real interesting part is that AGLOCO is a network marketing system that you don’t pay into. I said above, the cost is seeing advertising and optionally using a search bar, and I really do mean it. I haven’t paid a penny into it, and I have already earned a whole $7.20. With AGLOCO being a network marketing system, that means that I earn an additional 25% for each person who I sign up. So, if the one person who already signed up under me had been using Agloco, I would have earned an extra $1.80, bringing my total earnings up to $9.00.
Now, if that one person who I signed up had also been that 1/8th who took the time to sign up additional people, perhaps just two more people, then I would have earned $3.60 from them, for a total of $12.60. Imagine for a second that I was actually half-way decent at any type of marketing whatsoever. (The feedburner stats prove that I’m terrible, by the way.) I would have signed up ten people, two of whom would have been able to sign up ten people as well, and two of them would have been able to sign up ten as well… Well, since I can only make earnings off of five levels of referrals, let’s just say that the pattern continues until it no longer affects me… The first level of referrals will have 10 people, 6 of which earn 5 hours each. The second level will have 20 people, 12 earning 5 hours each. The third level will have 40, 24 earning 5 hours, with a fourth level having 80 people, 48 of whom are earning 5 hours. The fifth and final level will have 160 people, with 96 earning 5 hours each. Adding the active members up, we get a total of 186. (Trust me on this next bit of math…) Multiplying by 5 and dividing by 4, we get 232.5. With a pessimistic average payout of $0.35 per month, that’s $81.38. That is enough to pay off your Internet bill, plus go to dinner a couple of nights during the month.
So, give it a try. If you don’t like it, uninstall it. If you feel bad about trying to market it, then don’t… at least you’ll be earning some money in the process. At least see what AGLOCO is about before automatically rejecting it… At least they’re not telling you that you’ll become the next millionaire simply by watching some ads, and they’re certainly not asking for money out of your pocket.
thanks for explaining it to me. Someone asked me to sign up the other day, but I wasn’t interested. I was curious, though.
Yeah, the real power comes from getting people to sign up, and like nearly every network marketing system, it requires the people at the bottom levels (those who have not signed anyone else up) to continue using the service as well.
I thought that it would be interesting to show that, even with me being effectively on a bottom level (Only one sign-up who is inactive in the system), that I’m still getting money from it, albeit a very small amount. It has also been a very long time since I’ve mentioned AGLOCO, so the time seemed right to mention them again, and it will likely be a while before I mention them in the future, if I do mention them at all, since they only sit at the very edge of my topic.
Anyways, thanks for popping in, Jean. If there’s anything that you’d like to see on this site, please speak up.
Correction… I now have two sign-ups. Thank you to that mystery person who clicked the link.
Agloco does have some potential, but they’ve had a lot of issues so far. The biggest hurddle will be in getting people to actually use the browser bar. Sure the people with lots of referrals have a reason to use the browser bar, but most people don’t have much of an incentive. At 6 cents per month, a lot of people are likely to turn it off and forget about it.
-Chris