We are in the revshare booming age. Every now and then we see a new revenue sharing site launching. Some look promising and some just too generic. With all that, there comes an advantage and also a risk of people loosing their hard earned money.
The advantage comes for those who join in early, mostly big players in the industry who know how to play with the rev share dynamics. They recover there money fast and don’t suffer any loses even when the site goes underwater.
The majority crowd that suffer the most is for the biggest part composed of newbies and people who are still struggling to make it online. These join in late and loose money.
I guess my point is, most revenue sharing sites can’t be trusted. With that, it’s everyone’s responsibility to know the right and legit revshare to join and of course spot and keep away from the shoddy ones. However, spotting the right revenue share to join can be a hefty process.
Why I Wrote This Post
I’m not a pro by any means, but that doesn’t mean i can’t make right and profitable decisions. I have been involved in the revenue share industry for about 1 year now. I was lucky to be involved with the number one revshare in the industry, which allowed me to do incredible things last year(2015) including a vacation in Dubai as you can see below.
Since then i have gone further to add 4 more on to my rev share portfolio.
Alright, that was inspirational, you might even now think of joining one that your friend has been pitching you. Truth is, if i had made rush decisions, i would have lost money and may be wouldn’t have written this post. To be honest, i was pitched with so many revshare programs in early 2015, but in the end i chose one. One that is still standing to date and also made me quite some money.
So i decided to write this post to help my fellow internet marketers reduce the risk of falling into the wrong pool.
Note that i used the phrase, “reduce the risk” because sometimes you can’t be 100% accurate.
Picking The Right Revenue Sharing Site
Now, i would like to start with a little disclaimer that, my method is not 100% accurate. I’m not God. As such, i can’t 100% foretell the future. However, by reading this post, you might reduce the probability of falling into scams.
When i do my revenue sharing site analysis, there is a process that i follow. This process is divided into phases as follows:
Step One- Analyzing the Site Data
A sites data can say a lot about a business especially when an opportunity or program has been around for some months. Among the data that i look for include:
Revshare Launch vs Alexa rankings
The launch date is normally found on the site. This helps assess the popularity of a revshare site in the time its been around. Popularity can be determined by studying the amount of traffic it gets and where that traffic comes from. To do that, we use an internet tool called alexa. alexa.com ranks sites according to how much traffic they get.
Let me illustrate this by using data from one of the revshare i’m in.
On the above image, i’m actually interested with 2 important information, the graph and global rank. If a revenue sharing site is ranking within 10,000, then that’s a sign that its popular. But we still need to study the traffic trends.
A rising trend like the one above shows that more and more people are visiting the site daily. This also means new members and customers are joining in.
A downward trend calls for you to investigate more. Sometimes it could be due to maintenance or maybe the site is not paying or sometimes it could be a big problem like how Traffic monsoon and My Paying Ads got hit by Paypal when they froze their funds, etc.
If the reason for deeps is reasonable then you can be sure trends will rise once everything is in place.
Sometimes i also use Google trends for more assurance.
Above is Fortadpays trend overtime.
Step Two – Facebook Group & The Admin
Most revenue share sites if not all have their own official Facebook group. This is where members and the admin will normally post updates and site news.
I always join the official page before i put any of my money in the site. Normally i would try to read and scan through every post from the day the group was created. It’s a bit time consuming but it’s well worth it.
I always try to find out any alarming information especially from members. If there has been any issues or if the site is not paying, this is one place you’ll find that kind of information.
Both the good and bad can assist you to make the right judgement.
The admin is also a CEO. Learn as much as you can about the owner of a rev share.
- Is he a real person
- His past ventures
- Has he scammed people before
- His Experience with Business
- Is he transparent enough
Such information can help you predict how well a revenue sharing site will perform.
Step Three – Reviews
This is the easiest of all, but probably the most confusing part. You could easily be mislead. Everyone has his or her own interests when they do reviews of a certain program. So it’s a good idea to incorporate your own judgement as well. But in doing so, you should also understand types of these reviews.
Types of reviews
1. Affiliated Reviews – Most of these reviews are aimed at getting referrals/selling you. People who write these reviews (including myself) are with the program already and stand a better chance of giving a better review than someone who’s not with the program. I mean, you can’t give a better Sony 4k TV review if you have never owned/used one.
However, most affiliated reviews can be exaggerated. But you can always tell an honest review.
2. Biased Reviews – Most revenue sharing sites fall victim of these reviewers. We understand the revshare industry is not the most stable one but it doesn’t mean that there aren’t a few genuine ones that people can make money from.
These reviewers would bash a rev share site by pretending to give an honest review. But really what they are doing is looking to refer people into their own program. Normally they would give their so called #1 RECOMMENDED OPPORTUNITY at the conclusion of their post.
This is a common review style by Wealthy Affiliate members. They are typically taking advantage of a popular keyword, like say “traffic monsoon” which has a lot of monthly google searches.
I wouldn’t recommend paying attention to these types of reviews.
3. Non- affiliated Reviews – These are the best ones because they have no strings attached but they are extremely rare. They are commonly found on forums like the warrior forum, digital point etc. The best thing about forums is that people share their views and experiences in a sort of discussion. So If a program is good or scam, you are most likely going to find out in theses forums.
4. Non affiliated biased reviews – These reviewers will bash a program simply because they don’t understand or approve a certain compensation plan but most commonly revenue sharing and mlm. If you have ever listened to Ethan Vanderbuilt or been on the behindMLM site or stumbled upon TARATALKS blog, then you have a good idea of what i am saying.
Where to find reviews
There are three main places you can find reviews
- YouTube, and
Normally i would try and read about 2 to 5 reviews. Then watch presentations and webinars on YouTube as i compare the pros against the cons. And of course i always go with which ever side is the heaviest.
Step Four – Time and Performance
How long has the program been around? How is the site performing in terms of daily revshares? Those are very important questions when you are considering to join any revenue sharing program.
You don’t want to join any thing that has unstable rates. Though, It could be harder judging programs that just launched.
A good time frame to compare performance is 6 months after launch and continuing with six months segments there on. Most revshares die in their first half and some struggle through their first year. So if you find one that is passed one year and still maintaining good performance, then that’s probably a place to be.
Bad performance indicators include:
- Drastic drops in revshare rates
- Introduction of monthly membership fees where they never existed before
- Raising fees
- Unexplained problems with withdrawals
Step Five – Complaints
As a last step, i always do a google search to see if there are any complaints related to the revenue share i want to join.
So i would type in the name of a program and finish with complaint in the google search box as shown below.
Try to read through the complains and judge if they are truly valid.
In the end, its important you understand the agreement that goes between when you make a decision to join a revshare.
It’s everyone’s task to watch out and play safe especially when hard earned money is involved. When it comes to revenue sharing sites, always do your due diligence and make sure you are always on the safe side by dealing with people you can trust.
But most of all, be smart and only spend what you can afford. Always have a strategy behind to recover your investment.
That’s all for today even though i believe there’s still a lot more that can be done than the above 5 steps. Kindly share your views by commenting below. Above all, like and share this post with your friends.