Saturday, June 15, 2013

Break Even Calculator

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I always tell people, it’s just as important to control your costs in Neobux, as it is to worry about your click average from rented referrals, maybe even more so. Of course some people don’t believe me ;) . The truth is, the lower your break even point on rented referrals, the higher your profit will be.
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Rented Referral Calculator

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I just designed this Rented Referral calculator in Excel, as I was kind of fed up of manually trying to figure out AutoPay and AutoRenew rates every day. Hands up! Admittedly I am not the best at Excel, that’s why I would like you to download it and play around with it, please leave feedback in the comments section below, as I’m sure I will need to revise a couple of things ;)
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Other Premium Memberships

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Aside from Golden membership, Neobux offers an additional 5 levels of upgraded memberships – Emerald, Sapphire, Platinum, Diamond and Ultimate. These are known as “Golden Packs” and are additions to your golden membership. Each pack has its different advantages – Ultimate membership being the most costly and most advantageous.
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Neobux Golden Membership

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Becoming a Golden member in Neobux is where the fun begins! Essentially, your revenue doubles, while all costs remain the same. There is an annual investment to become a Golden member, which is currently $90 per year. This post will take an in-depth look at the costs and benefits of being a Neobux golden member, and we will also compare and contrast some features with standard membership.
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Neobux Standard Membership

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There are several Neobux memberships available, the main population lies within Standard and Golden memberships. A Standard Neobux membership is free and where you begin, and where we will begin our overviews of the available Neobux memberships. We’ll also compare a few aspects of standard membership with golden membership.
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Neobux Rented Referral Strategy

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rented referral strategy intro

Renting referrals plays a large part of being a member at Neobux. It’s almost like managing a small business, but thankfully way easier! Think of your rented referrals as “employees”. When one of your employees is not pulling his/her weight (not clicking on enough ads) – it’s time to let them go and hire a replacement (or in Neobux terms “Recycle” that rented referral). That’s pretty much all there is to it, now all we need is a strategy to optimize managing our rented referrals!
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$90 to Golden Strategy

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So you have a few bucks to invest in Neobux and want to accelerate your return on investment? This is the Neobux strategy for you! I’ll take you through a couple of hundred days, step-by-step, and show how you how and when to invest in Neobux.
By the end of this strategy, you will have a golden membership, plus 1,200 or so rented referrals – and making a profit of around $12 per day – as well as maintaining your rented referral base.

Sign up and Start Renting!

neobux golden strategySince you have some cash to invest, we’ll spend the next 3 weeks building up 300 rented referrals before going golden. As a standard member, 300 rented referrals is your max allowed.
As in my other strategies, I’m going to assume an average click rate of 1.8 per rented referral throughout this Neobux strategy.
Tip: I always advocate to anyone new to Neobux to build up 300 rented referrals before going golden. It can be challenging to rent referrals as a Golden member, as the demand is much higher than a standard member. 
I’m not going to bore you with calculations of profit, I am sure you have already read my zero investment strategy, but if not – take a look. We’ll be using the same assumptions and base calculations from that in order to maintain consistency – Neobux Strategy – No Investment.
If you haven’t already, please sign-up using my referral link :) Sign-up to Neobux

First 3 weeks

After you have signed up, transfer $90 to your rental balance – we’ll need it there.
Let’s look at the first 3 weeks figures:
RevenueExpenses
DayActionRefsRef ClicksAutoPayRecycling*Profit
1Rent 100100 $0.90 $0.570 $0.105 $0.23
8Rent 100200 $1.80 $1.140 $0.210 $0.45
15Rent 100300 $2.70 $1.800 $0.315 $0.59
*I’m assuming a 1.5% recycling rate per day based on the number of RRs you have. I will maintain this assumption through the course of this Neobux strategy.
First, these figures are understated. I’m not taking into account revenue from your own clicks, revenue from Mini Jobs, recycling from NeoPoints etc. I would much rather understate than overstate – this only leads to frustration and quitting.
Second, by my calculation, we have spent $60 – so what to do with that other $30? No, we’re not going to put it toward your golden membership. We’re going to keep AutoPay turned on, but we’re also going to turn on AutoRenew at 90 days. The additional $30 will be enough to cover renewals based on the fact that I am calculating AutoPay on all rented referrals. After all your RRs have renewed, turn off AutoPay and leave AutoRenew on at 90 days.
Tip: I would suggest turning AutoPay on to anyone just starting out with Neobux. It helps stagger rental payments due, and makes budgeting a lot easier. As you start making more money – we will lean more toward AutoRenew at a higher discount rate and turning AutoPay off.
It’s important to understand the discount calculation here on RRs. By turning on AutoRenew at 90 days, we are attracting an 18% discount. Yes, we will probably use that entire left over $30 for renewing referrals – but we renew at 18% discount.
Throughout the start of this Neobux strategy I am assuming a flat 15% discount through AutoPay – again understating profit. There is nothing wrong with slightly understating profit – it’s just nice when you realize you are actually earning more :)

Purchasing your Golden Membership

neobux golden member strategyGolden membership and up is where you start making great money with Neobux. If you’re investing $90, you will definitely want to consider when and how you turn golden – with a mind to eventually becoming a Neobux ultimate member.
You are quite welcome (as I did myself) to introduce more money at this point to turn golden. However, for the sake of this Neobux strategy, I will assume you do not want to introduce any more capital. What we have is about $0.60 profit per day. We need to keep that profit until we have $90 saved – around 150 days.
At this point, all of your rented referrals would have renewed at 90 days, so we are going to assume an 18% discount in all future calculations. Let’s continue the numbers at 165 days:
RevenueExpenses
DayActionRefsRef ClicksAutoRenewRecyclingProfit
165Go Golden!300 $5.40 $1.722 $0.315 $3.36
172Rent 100400 $7.20 $2.296 $0.420 $4.48
179Rent 100500 $9.00 $2.870 $0.525 $5.61
186Rent 100600 $10.80 $3.608 $0.630 $6.56
193Rent 100700 $12.60 $4.209 $0.735 $7.66
200Rent 100800 $14.40 $5.029 $0.840 $8.53
207Rent 100900 $16.20 $5.658 $0.945 $9.60
214Rent 1001000 $18.00 $6.287 $1.050 $10.66
221Rent 1001100 $19.80 $7.216 $1.155 $11.43
228Rent 1001200 $21.60 $7.872 $1.260 $12.47
There is a caveat to this strategy. It gets tough renting 100 packs as a golden member, though not impossible. Make sure when you select your times to rent, you try and select the least popular hours for renting, and make doubly sure you go by the Neobux server time in your local area, and not the time on your PC.
Nevertheless, I carried on the figures a little to show you how it’s possible to quickly ramp up once you become a golden member.

Golden Strategy Next Steps and Summary

golden strategy summaryThe key to being successful with Neobux is not so much on how many clicks your rented referrals make (although obviously important), but more so, how you control costs. If you can get your break-even point down to an absolute minimum, you will make additional profit every day. Aside from upgrading your membership to one of the several available after becoming a golden member, the best thing you can do is get all of your referrals renewing at 240 days, giving you a 30% discount on all renewals.
Just out of interest, this is the stage I am at now. This should definitely be a consideration once you are making good money with Neobux, as a golden member.
A certain way to increase profit is to generate direct referrals. The renewal cost on direct referrals is $0.00 – now that’s controlling costs :) One of the best ways to do this is to get yourself a basic website, (doesn’t have to be fancy, or your own .com – plenty of free ones available) and advertise within the traffic exchanges and other PTC sites. There are other numerous places to advertise, and if you’re serious about making money with Neobux, I would strongly suggest taking a look at The PTC code video training, for only 8 bucks it’s a minimal investment and can be made back easily!
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Neobux Strategy – Zero Investment!

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[Updated Apr-29, 2013] We’ll supercharge this Neobux strategy and have you renting 10 referrals within 10 days utilizing some additional features within Neobux, aside from the mainstream ad clicks that generate you cash.
We’ll then use the profits from your rentals to purchase more rented referrals until we have enough money to purchase a golden membership, after which your daily profit will rise above $20 per day all with zero investment. Sound good? Then let’s begin!
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AutoPay, AutoRenew and Recycling

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AutoPay, AutoRenew and Recycling are the 3 costs associated with renting referrals in Neobux. You have to fully understand the concepts of each in order to make a decent return from renting referrals. This guide will dig into the details of each cost and I will also share with you how I utilize all 3.
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Is Neobux a Scam?

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I first joined Neobux in 2009, and if you’re reading this, I was probably in a similar mindset then, as you are now. I had the same question, is Neobux a scam? I made a quick profit and quit Neobux. 4 years later I was looking for online opportunities and to my surprise, Neobux was still here!
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Calculating Daily Profit

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This can be trickier than you may think, so I wanted to put together a little guide on the accurate way to calculate profit from rented referrals based on the levels of AutoPay and AutoRenew you have chosen. For those who are really lazy and don’t want to understand how the numbers are calculated, you’re in luck! I have put together a really simple Excel spreadsheet for you guys, and of course it’s free. Head over to the Free Neobux Tools section to download it.
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Make Money with Neobux

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It’s very simple to make money with Neobux online. This short guide will walk you through step-by-step instructions and direct you to free strategies and tools on this website which will have you making money with Neobux in no time – with zero investment required.
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Understanding Rented Referrals

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rented referrals
To the best of my knowledge, Neobux was the first Pay-per-Click program to introduce rented referrals. A rented referral is one you pay a 30 day “rent” fee to Neobux for. Rental fees vary based on how many rented referrals you hold (as of Apr-15, 2013) the costs are as follows:
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Basic Neobux Guide

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This guide is designed for those completely new to Pay-per-Click programs such as Neobux. It is extremely basic – so those familiar with Pay-per-Click programs might want to skip onto our more advanced Neobux guides. We will overview some of the basic principles of Neobux as well as some common pitfalls to avoid. This guide will cover 3 very basic topics:
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What is Neobux?

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Neobux is an evolution in the Pay-per-Click industry. In its simplest form, it is a revenue generating portal where you can earn money from clicking on advertisements. Historically, the only way you could make any real money from a Pay-per-Click program, was by generating hundreds of referrals – people you refer to the site. When your referrals click on advertisements, you also got paid for their clicks.
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