{"id":55,"date":"2008-10-03T23:59:07","date_gmt":"2008-10-03T15:59:07","guid":{"rendered":"http:\/\/www.leadsleap.com\/blog\/buxto-scam-a-veterans-review\/"},"modified":"2008-10-04T00:00:42","modified_gmt":"2008-10-03T16:00:42","slug":"buxto-scam-a-veterans-review","status":"publish","type":"post","link":"https:\/\/leadsleap.com\/blog\/buxto-scam-a-veterans-review\/","title":{"rendered":"Bux.to Scam? A Veteran’s Review"},"content":{"rendered":"HTML clipboard<\/title>The story began when one of our LeadsLeap members complain that someone is advertising a scam program called Bux.to in our network. The scam ‘proof’ is given in this website:<\/p>\n<p><a href=\"http:\/\/www.techcrunch.com\/2008\/03\/17\/surprise-the-buxto-pyramid-scheme-is-a-fraud\/\" target=\"_blank\"> http:\/\/www.techcrunch.com\/2008\/03\/17\/surprise-the-buxto-pyramid-scheme-is-a-fraud\/ <\/a><\/p>\n<p>Because of this, I began my own assessment of this program to find out if Bux.to is really a scam.<\/p>\n<p>For those of you who have not heard of Bux.to, it is a Paid To Click (PTC) program, where you are paid $0.01 for each website you personally view and $0.01 for each website your referrals view.<\/p>\n<p>There is nothing wrong with PTC programs. From business point of view, each click costs the website owner $0.02, $0.01 goes to the member viewing the ad and the other $0.01 goes to the member’s sponsor. If the website owner charges $0.05 per click, which is a good bargain to most advertisers, he will make 60% profit. Good deal.<\/p>\n<p>Before I continue, I probably need to tell you that I’m not a newbie in the PTC industry. To tell you the truth, I run Asia’s largest paid-to-read-email program, with more than 130,000 members. In other words, I know what I’m talking about!<\/p>\n<p>When I study Bux.to’s business model, I found 2 things that make me feel uncomfortable.<\/p>\n<p><font color=\"#ff0000\"><strong>1) Low advertising fee<\/strong><\/font><\/p>\n<p>Bux.to charges $19.10 per 1,000 member visits. This means an advertiser only pays $0.019 for each ad click.<\/p>\n<p>Remember that Bux.to pays out $0.02 for each click? This means they are losing money for each ad click they sell.<\/p>\n<p>To me, it is quite obvious that this pricing plan is not sustainable.<\/p>\n<p><font color=\"#ff0000\"><strong>2) Selling referrals to members <\/strong><\/font><\/p>\n<p>Bux.to sells referrals to its members. The price is about $1 per referral.<\/p>\n<p>To me, it simply doesn’t make business sense to sell referrals, unless my aim is to get rich quick instead of building a long-lasting business.<\/p>\n<p>The reason is obvious.<\/p>\n<p>If my members can make money from the referrals they’ve bought, it simply means that I am losing a lot of potential income in the long run.<\/p>\n<p>If you don’t understand what I mean, ask yourself this question, “if you know that you can make $0.01 from Member-A whenever he reads an ad, and he can potentially read 10 ads a day (or earn you $0.10 a day), will you sell Member-A away for just $1?”<\/p>\n<p>If your answer is no, why do you think the website wants to sell referrals for just $1 per referral?<\/p>\n<p>I can only think of two reasons: 1) to get rich quick, 2) the website owner fails his maths.<\/p>\n<p><font color=\"#ff0000\"><strong>Is Bux.to Paying?<\/strong><\/font><\/p>\n<p>If you google for Bux.to scam or Bux.to review, you will come across many people who are paid and many people who are not paid.<\/p>\n<p>The general feedback is the payment is slow. The website says that members will be paid in 60 business days, but some people have waited for than 4 months and still not being paid.<\/p>\n<p>It seems that they are now having a problem paying its members on time.<\/p>\n<p>From my above assessment of the program, you can see that the program doesn’t have a long-term profitable business model. It may be very successful in the short run because many people can make lots of money in a short time. But in the long run, I do believe that the website will run into financial problem.<\/p>\n<p>So is Bux.to a scam? You decide. You may be the lucky one who is paid.<\/p>\n<p>For me, I’m not comfortable with its business model. I don’t believe that such a model is sustainable.<\/p>\n<p>If you are advertising for Bux.to, I strongly encourage you to change your ad.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HTML clipboardThe story began when one of our LeadsLeap members complain that someone is advertising a scam program called Bux.to in our network. The scam ‘proof’ is given in this website: http:\/\/www.techcrunch.com\/2008\/03\/17\/surprise-the-buxto-pyramid-scheme-is-a-fraud\/ Because of this, I began my own assessment of this program to find out if Bux.to is really a scam. For those of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11,12],"tags":[88],"_links":{"self":[{"href":"https:\/\/leadsleap.com\/blog\/wp-json\/wp\/v2\/posts\/55"}],"collection":[{"href":"https:\/\/leadsleap.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leadsleap.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leadsleap.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/leadsleap.com\/blog\/wp-json\/wp\/v2\/comments?post=55"}],"version-history":[{"count":0,"href":"https:\/\/leadsleap.com\/blog\/wp-json\/wp\/v2\/posts\/55\/revisions"}],"wp:attachment":[{"href":"https:\/\/leadsleap.com\/blog\/wp-json\/wp\/v2\/media?parent=55"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leadsleap.com\/blog\/wp-json\/wp\/v2\/categories?post=55"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leadsleap.com\/blog\/wp-json\/wp\/v2\/tags?post=55"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}