Saturday, June 15, 2013

$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!