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Topic: Suggestion: Take Away the $3 Forum Posting Bonus  (Read 22348 times)

U2BMATH

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Re: Suggestion: Take Away the $3 Forum Posting Bonus
« Reply #225 on: August 10, 2011, 12:44:22 pm »
Your comment about the revenue generated from this option could help retain the security of the $3 monthly bonus is humorous.

Apparently, not so humorous. The Admin concurred my thought in the very next post..."And lastly... it's true that if this new forum advertising results in substantial additional income for FC, we'd be less inclined to reduce the forum posting bonus in the future.  The posting bonus is (obviously) a "loss leader" and like any business we do pay close attention to our expenses.  After all, uncle sam gets almost half our profits..." Thank you, Admin!


Clearly you have not produced a Profit and Loss Statement or balanced the budget for a big company like I have. Fusion Cash is in the business of making money just like any other business.

Congrats, happy for ya. No, I never have. But it doesn't take a rocket scientist to figure out a basic concept of profit and loss, either. While FC pays out $3.00 for a forum bonus, they may take in $5.00 from advertising. That's a gain of $2.00. Certainly, FC could also decide to eliminate the $3.00 expense, and gain $5.00 pure profit. $5.00 is certainly better than $2.00. But, I have a different perspective of FC than to think they would do such a thing. Not to say they wouldn't, or couldn't, but there's something to be said about REPUTATION, too! And I think FC has earned theirs to be far better than the average business.

Since when does any business care about the little guy...They are the best on the web (so far) for their members to earn the fastest...Nobody I know pays a $3 bonus for posting in a forum. However, if they take that away, and just leave the "banner' option, then they are catering to a select few that can generate them income, and shaft everybody else. They become nothing more than the greedy corporations hiding their money off shore....not cool. Why couldn't it be either or (a choice) for the members. Unfortunately 99% would vote for the bonus, because most people don't understand a lot how marketing and advertising works.

WOW! I think we see FC from two different points of view, Annella. "Since when...?" Since FC came along. You're right, they "are the best on the web". Whether that be "so far" or not, doesn't negate the point they are the best NOW! I don't see FC as a "greedy corporation", but rather a "generous, unique, mostly one-of-a-kind, stand out from the rest, business."

Okay, so you benefited today...Did it cost you anything? And you say it wasn't something to benefit your website?  It has to link into it someway or somehow correct?

Cost? Noper, no money expense whatsoever. I didn't spend anything, I didn't make anything. What I benefited from was learning a new way to operate my business. I'm sure you've heard that "knowledge is power", and this is how I was benefited by Oldbuddy's ideas. Regrettably, I cannot be more specific here on FC, because we are limited in what we can say. And I value my account on FC. So, you'll either have to take my word for it, which I'm inclined to think you won't, or we'll have to just mute the point.

---------------------------------

Now, just a summary of thoughts here. I feel like Jerry Springer. When this topic was initiated by OldBuddy, he had "proposed" doing away with the $3.00 bonus, and...
In it's place, if you have over 30 quality posts you get to have a link in your signature for the rest of that month.  :dontknow:

I later proposed a modification to this proposal that FC gives us the OPTION to use our $3.00 bonus (we have to receive it first to use it - so I was suggesting keeping the $3.00 bonus), and spend it on an advertisement in our Signature, or whatever. In other words, keep both options. Keep the bonus, and allow those of us who wanted to, to use it to "further our cause", so to speak. Those that had no need of such a thing, obviously would just keep their $3.00 bonus. That's the venue I've been speaking from, in case you missed it somewhere among these now 15 pages of text.

The Admin later came along and announced that there was no immediate plans to eliminate the $3.00 bonus, but in the long run, may re-evaluate the amount of that bonus. In the same breath, they also took Oldbuddy's suggestion to heart, and asked what those interested would be willing to pay for advertising. They launched a "beta-test" so to speak on placing a text ad in the forums. This process is still undergoing construction, if you will.

My point being (wait, did I have a point somewhere? hehe), the conversation got started with Either One, or The Other, but later developed to a COMPROMISE point of view. To which, FC/Admin is considering the best options for all involved. I'm happy FC is considering both options. I'm thrilled they are at least coming to the negotiation table, and not being so dogmatic about this particular issue. For that, I applaud FC and the Admin(s) involved! I also applaud Oldbuddy for having the nerve to get the ball rolling on an issue that has been shall we say "taboo" for so long.

Annella, I'm a little lost in your comments. I'm not sure what it is you're against. And I'm hoping maybe you can in a nice sorta way, bottomline it for me. Or maybe I'll just go back and re-read everything again, and see if maybe I missed something within these 15 pages. Are you absolutely against the banner/text ad proposal? I know there's been no precedent for it, and so maybe you'd like to just leave well enough alone. Or maybe because you yourself cannot benefit from the concept, you'd rather nobody else does. Kind of selfish if that's the case - not saying it is. I'm confused, remember? Couldn't we have both things happening simultaneously? A Forum Bonus, and the ability to promote oneself within it? I mean, have you looked at Oldbuddy's signature lately? He's suggesting people hunt him down on Google. Should he be allowed to do that? In a way, he's pointing people to a place that will inevitably get people to his website(s). Yet, there's no immediate link in his signature. How about our NAMES. If you typed mine in Google, U2BMATH, you would find me on the internet too. Should FC limit our FC Forum names to our real first names, to eliminate that possibly? I think not, and I think that would be hard to enforce anyway. We all know how creative people can be.

Anyway, I'm glad the Admin chimed in today to clarify many points. And then here I go rambling again, hehe. Maybe there ought to be a limit to the size of one's post? But then how would you limit the amount of smaller posts? hehe.

Mike

miriah1brandon

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Re: Suggestion: Take Away the $3 Forum Posting Bonus
« Reply #226 on: August 10, 2011, 01:34:20 pm »
I just started so I dont know how I fee about this as of yet, it seems a little confusing with everything that has been said here. I am going to try a few things to get referals and see how that goes.  Why don't we do that on our own and than keep the forum posting that way we get referals and paid for postings.

ddomek65

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Re: Suggestion: Take Away the $3 Forum Posting Bonus
« Reply #227 on: August 10, 2011, 02:18:24 pm »
I just put in for my $3 bonus for August and the first week isn't even over yet, but let me tell you why being too cheap is not conducive to making money online (people notice)

I tend to go the other direction and it pays off. For example, I just joined a free auction website that lets you list stuff you no longer need to sell for credits, then use the credits to buy stuff someone else doesn't need. I see the potential there, so I just went out and purchased a brand new DVD for "First Wives Club". Most of the people I noticed active on the site were women, so I figure having a DVD about how wives got even with conniving husbands would appeal to them and the bids would go higher.

So why spend FIVE BUCKS (plus offering free shipping) to get free credits to bid on more free stuff I probably don't really need? It's all about recognition and this is just a start. Now if someone bids high and BUYS my CD with their free credits, would you think they might be a person that LIKES free stuff? So when I ship them the DVD you can bet there will be a promo in there about how I make free money online!!! Get it?

Now when I start blogging about this (real soon) you can bet it will lead to even more referrals that earn me more free credits so I can be more active and make more friends, then project that ahead for a year or two and you might see the vision. All the while I am adding to my image and building my following for almost NOTHING, instead of spending AdWords cash that just makes Google richer.

Oh did I mention, that FIVE BUCKS I spent will come back as credits that I can buy more stuff I can list for sale later and my net cost should be maybe a buck for a few more good leads.

Make sense?


IN RESPONSE TO THE ABOVE:
what site do you use that will give you credit and all that like you explained.  I am trying to get disability and all i am able to do is get online every once in a while. We cant afford some of the things we need  or want if i can find a way to get those things and not cost a lot of money and maybe make a little money without hurting my chances of getting disability. because i have to watch how much i make.  And just typing this my hands are hurting.

oldbuddy

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Re: Suggestion: Take Away the $3 Forum Posting Bonus
« Reply #228 on: August 10, 2011, 02:56:32 pm »
what site do you use that will give you credit and all that like you explained.  I am trying to get disability and all i am able to do is get online every once in a while. We cant afford some of the things we need  or want if i can find a way to get those things and not cost a lot of money and maybe make a little money without hurting my chances of getting disability. because i have to watch how much i make.  And just typing this my hands are hurting.
Unfortunately I can't give you a link to the site under the current rules, but that's why this discussion has been taking place and Fusioncash is starting to loosen up and allow us to advertise a little.

Annella

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Re: Suggestion: Take Away the $3 Forum Posting Bonus
« Reply #229 on: August 10, 2011, 03:12:25 pm »
Hey Annella, I think I caused some confusion with my posts the other day.  I will try to clarify --
1) The posting bonus is not changing or going away in the short term; in the long term, we may reduce the bonus amount.
2) The advertising on the forum is a separate new feature with which we are experimenting.
3) I am not intending to replace the forum bonus with "advertising credits" or anything like that.
4) I am not intending to change the policy about what is permissible to place in your signature.
5) I am probably going to setup an advertising system where anyone - FC member or not - can purchase banner and/or text ad impressions (or clicks) on the forums.

And regarding "offshoring"... a lot of companies in our industry DO take their profits offshore (or to another state).  Many of those companies are having trouble with the IRS these days.  FC is a California corporation with offices in California, paying (steep, I might add) California taxes.  Did you know we'd have a substantially lower corporate tax rate if we moved to Sweden?

And lastly... it's true that if this new forum advertising results in substantial additional income for FC, we'd be less inclined to reduce the forum posting bonus in the future.  The posting bonus is (obviously) a "loss leader" and like any business we do pay close attention to our expenses.  After all, uncle sam gets almost half our profits...

Thank you Admin. and you did clarify it better than anyone else. You understood what I was saying and the difficulty understanding the concept of advertising without a website to link it to. You did it with fewer words and more panache. This quote of yours is especially appreciated:

Quote
I recognize that the ability to advertise on the forums is going to appeal to a small percentage of users.  Most people without a website have little use for it.  
With that said, anyone can host a banner on a free image host and link it to a referral or affiliate link -- so it's definitely possible to make money advertising even if you don't have a website -- but it's not easy, and we'll also have restrictions on the kinds of sites that can be advertised (for example, sites that are direct competitors of FC will not be allowed).

I know you are in California. Your only about 2 1/2 hours away from me. I go to Santa Cruz sometimes and visit the boardwalk on a long weekend. Yes, I'm sure you could pay cheaper taxes somewhere else besides this State. The comment of moving your proceeds off shore was not to take aim directly at you, but big corporations in general. It's been my experience that most business's are not "touchy feely", but are chained to the bottom line. In light of saying that, I've found you to be more than fair with your members as I said before.

I posted earlier in this thread that the bonus is probably a "loss leader" (good analogy), as it comes right out of your pockets to ours, with nothing to boost the revenue of it. It would be nice if this new option could generate revenue to keep the status quo ($3 bonus). Since I was not sure this was your intention, my posts were merely "what ifs".

It's been an interesting thread.
« Last Edit: August 10, 2011, 03:53:25 pm by Annella »

Annella

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Re: Suggestion: Take Away the $3 Forum Posting Bonus
« Reply #230 on: August 10, 2011, 03:51:36 pm »
Your comment about the revenue generated from this option could help retain the security of the $3 monthly bonus is humorous.

Apparently, not so humorous. The Admin concurred my thought in the very next post..."And lastly... it's true that if this new forum advertising results in substantial additional income for FC, we'd be less inclined to reduce the forum posting bonus in the future.  The posting bonus is (obviously) a "loss leader" and like any business we do pay close attention to our expenses.  After all, uncle sam gets almost half our profits..." Thank you, Admin!


Clearly you have not produced a Profit and Loss Statement or balanced the budget for a big company like I have. Fusion Cash is in the business of making money just like any other business.

Congrats, happy for ya. No, I never have. But it doesn't take a rocket scientist to figure out a basic concept of profit and loss, either. While FC pays out $3.00 for a forum bonus, they may take in $5.00 from advertising. That's a gain of $2.00. Certainly, FC could also decide to eliminate the $3.00 expense, and gain $5.00 pure profit. $5.00 is certainly better than $2.00. But, I have a different perspective of FC than to think they would do such a thing. Not to say they wouldn't, or couldn't, but there's something to be said about REPUTATION, too! And I think FC has earned theirs to be far better than the average business.

Since when does any business care about the little guy...They are the best on the web (so far) for their members to earn the fastest...Nobody I know pays a $3 bonus for posting in a forum. However, if they take that away, and just leave the "banner' option, then they are catering to a select few that can generate them income, and shaft everybody else. They become nothing more than the greedy corporations hiding their money off shore....not cool. Why couldn't it be either or (a choice) for the members. Unfortunately 99% would vote for the bonus, because most people don't understand a lot how marketing and advertising works.

WOW! I think we see FC from two different points of view, Annella. "Since when...?" Since FC came along. You're right, they "are the best on the web". Whether that be "so far" or not, doesn't negate the point they are the best NOW! I don't see FC as a "greedy corporation", but rather a "generous, unique, mostly one-of-a-kind, stand out from the rest, business."

Okay, so you benefited today...Did it cost you anything? And you say it wasn't something to benefit your website?  It has to link into it someway or somehow correct?

Cost? Noper, no money expense whatsoever. I didn't spend anything, I didn't make anything. What I benefited from was learning a new way to operate my business. I'm sure you've heard that "knowledge is power", and this is how I was benefited by Oldbuddy's ideas. Regrettably, I cannot be more specific here on FC, because we are limited in what we can say. And I value my account on FC. So, you'll either have to take my word for it, which I'm inclined to think you won't, or we'll have to just mute the point.

---------------------------------

Now, just a summary of thoughts here. I feel like Jerry Springer. When this topic was initiated by OldBuddy, he had "proposed" doing away with the $3.00 bonus, and...
In it's place, if you have over 30 quality posts you get to have a link in your signature for the rest of that month.  :dontknow:

I later proposed a modification to this proposal that FC gives us the OPTION to use our $3.00 bonus (we have to receive it first to use it - so I was suggesting keeping the $3.00 bonus), and spend it on an advertisement in our Signature, or whatever. In other words, keep both options. Keep the bonus, and allow those of us who wanted to, to use it to "further our cause", so to speak. Those that had no need of such a thing, obviously would just keep their $3.00 bonus. That's the venue I've been speaking from, in case you missed it somewhere among these now 15 pages of text.

The Admin later came along and announced that there was no immediate plans to eliminate the $3.00 bonus, but in the long run, may re-evaluate the amount of that bonus. In the same breath, they also took Oldbuddy's suggestion to heart, and asked what those interested would be willing to pay for advertising. They launched a "beta-test" so to speak on placing a text ad in the forums. This process is still undergoing construction, if you will.

My point being (wait, did I have a point somewhere? hehe), the conversation got started with Either One, or The Other, but later developed to a COMPROMISE point of view. To which, FC/Admin is considering the best options for all involved. I'm happy FC is considering both options. I'm thrilled they are at least coming to the negotiation table, and not being so dogmatic about this particular issue. For that, I applaud FC and the Admin(s) involved! I also applaud Oldbuddy for having the nerve to get the ball rolling on an issue that has been shall we say "taboo" for so long.

Annella, I'm a little lost in your comments. I'm not sure what it is you're against. And I'm hoping maybe you can in a nice sorta way, bottomline it for me. Or maybe I'll just go back and re-read everything again, and see if maybe I missed something within these 15 pages. Are you absolutely against the banner/text ad proposal? I know there's been no precedent for it, and so maybe you'd like to just leave well enough alone. Or maybe because you yourself cannot benefit from the concept, you'd rather nobody else does. Kind of selfish if that's the case - not saying it is. I'm confused, remember? Couldn't we have both things happening simultaneously? A Forum Bonus, and the ability to promote oneself within it? I mean, have you looked at Oldbuddy's signature lately? He's suggesting people hunt him down on Google. Should he be allowed to do that? In a way, he's pointing people to a place that will inevitably get people to his website(s). Yet, there's no immediate link in his signature. How about our NAMES. If you typed mine in Google, U2BMATH, you would find me on the internet too. Should FC limit our FC Forum names to our real first names, to eliminate that possibly? I think not, and I think that would be hard to enforce anyway. We all know how creative people can be.

Anyway, I'm glad the Admin chimed in today to clarify many points. And then here I go rambling again, hehe. Maybe there ought to be a limit to the size of one's post? But then how would you limit the amount of smaller posts? hehe.

Mike

For one thing (the main thing) is your interpretation of what I said is totally incorrect. Go read my response to Fusion Cash Admin. I never once said I was against the idea of advertisement, but that it would only appeal to those with the skills to make it work without a website. A point that Admin even said was not easy, and would have strict restrictions.

Just trying to understand the ins and outs of the proposal and what it could/could not mean to members in the future. I especially don't like you taking my words and spinning them in a negative fashion like I was verbally downgrading Fusion Cash. I have worked for big business's many years, and pretty much know how they think. It's also not rocket science to put your complete trust in any business, or government. A fact that has been made crystal clear in the last few weeks via Washington. Can you say diversify? Did you even read the positive I wrote concerning Fusion Cash? Or just skip over it to jump on the negative?

And just what makes you think you can predict what I will believe or not? I'm a person on a forum you have NEVER met. If you think you pissed me off....you would be correct in that assessment

Dear Fusion Cash, please give Mike extra brownie points for defending your virtue against Annella who is probably at this very minute trying to find a way to bring you down. Get real :BangHead:
« Last Edit: August 10, 2011, 03:54:01 pm by Annella »

Administrator

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Re: Suggestion: Take Away the $3 Forum Posting Bonus
« Reply #231 on: August 10, 2011, 04:10:00 pm »
Sorry to give Annella the last word, U2B, but I am closing this thread because:
1) it's too long and unwieldy
2) keeps getting interrupted by people who only read the title before replying, and
3) y'all really just shouldn't talk to each other.   :peace::heart:

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