GEEGAIN

Monday, November 15, 2010

MAKE MONEY WITH YOUDATA

I first found out about
YouData here on HubPages
and signed up right away. It
sure sounded like a good
idea to make a little bit of
money online by watching
ads, getting paid by
advertisers for my
attention. I did a little bit
of searching on the web
and found out that people
were, in fact, getting paid. I
was new to making money
online and wanted to do
what I could to get started.
YouData sounded like it
might be the ticket.
I filled out some
demographic information
in my MeFile as it is called.
It took quite some time to
go through and answer all
the questions. I ended up
splitting the task over a few
different sessions since it
was somewhat tedious. This
was supposed to let
advertisers know more
about me so they could
hone in and show me the
proper ads for which I
would be paid. It seemed
to work out OK initially,
but take a look at the
following results and see if
you can detect a pattern:
Month
YouData Earnings
June 2009
$ 3.74
decent
July 2009
$ 0.47
what happened
August 2009
$ 0.19
you gotta be kidding
As you can see, the
earnings have dropped off
considerably in just 3
months ’ time. What initially
was filled with promise has
turned out to be a dud!
How did this happen? Well,
YouData makes mention of
it in a “market update”
dated 6/15/2009
. It seems that the prospect
of free money in a down
economy is just too good
to pass up and so many
people are signing up,
there aren ’t enough
advertisers with ads to go
around. I haven ’t seen an
ad since August 8th.
Christmas Shopping
Apple iPod classic 160 GB
Black (7th Generation)
NEWEST MODEL
Amazon Price: $219.99
List Price: $245.00
Apple iPod touch 8 GB
(2nd Generation--with
iPhone OS 3.1 Software
Installed) [OLD MODEL]
Amazon Price: $171.00
List Price: $199.99
Apple iPod touch 32 GB
(4th Generation) NEWEST
MODEL
Amazon Price: $288.54
List Price: $299.00
Apple iPod touch 8 GB (4th
Generation) NEWEST
MODEL
Amazon Price: $214.99
List Price: $229.00
Apple iPod classic 160 GB
Silver (7th Generation)
NEWEST MODEL
Amazon Price: $229.99
List Price: $245.00
Apple iPod touch 32 GB
(3rd Generation) OLD
MODEL
Amazon Price: Too low to
display
List Price: $269.99
Apple iPod nano 8 GB
Black (5th Generation) OLD
MODEL
Amazon Price: $155.00
List Price: $129.99
Apple iPod nano 16 GB
Graphite (6th Generation)
NEWEST MODEL
Amazon Price: $164.00
List Price: $179.00
Now, I don’t know about
you, but if I were an
advertiser, it wouldn’t take
long for me to figure out
that people willing to click
on an ad for ten cents
probably aren ’t gonna buy
my automatic pet feeder
for hundreds of dollars. I
would be better off
putting my advertising
dollars in rare dog
breeding magazines. It just
doesn’t make sense that
this business model is
sustainable. If you go to
Alexa.com, you can see
that traffic to YouData has
been slowly declining since
May. I suspect that people
and advertisers are figuring
this out. The problem is
that there are so many
positive reports on YouData
that it is likely that people
are continuing to sign up
faster than advertisers.
I am not at all saying that
YouData is a scam. Not at
all! The site is legitimate
and deposited money to
my Paypal account every
Friday like clockwork. They
have lots of integrity and
are to be commended for
that. The problem is that I
don ’t think they have a
workable business model. I
could be wrong. Only time
will tell if YouData will
again enable me to make a
little bit of money online.
But I already have my own
“voice activated” automatic
dog feeder. I just say, “Son,
feed the dogs.”
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