It’s Day 120 of “The Amazing Tale,” and The Bear is playing a waiting game in the steady march towards PTC profitability. Quite frankly, it’s taking longer than I expected.
As you can see, earnings at our main sites — ClixSense, NerdBux, NeoBux and ProBux — have all been earning steadily since our last report. There was also a nice $10 bump in Ojooo earnings on Day 99. That’s how much you earn when one of your referrals upgrades at Ojooo.
THE DILEMMA: PUTTING THE BRAKES ON SPENDING
There are ongoing expenses to renew or recycle rented referrals, and this poses a dilemma now that I am focusing on profitability. Do I hold off on spending in order to reach break-even as soon as I can? Or do I keep spending and push that long-awaited break-even farther out?
I want to put the brakes on spending in order to reach profitability, but that inevitably slows my earnings.
As I mentioned in my last post, I’ve been planning to upgrade in ProBux. It’s another significant investment — $80 for an annual upgrade. Do you think I did it?
Of course I did!
I waited until ProBux had paid out $80 and then I applied that money to the upgrade. I also rented more referrals. That was 12 days ago. You can see how it tipped the orange ProBux line higher on the chart, starting on Day 108. But the upgrade is also another expense that pushes break-even farther out.
Lot’s of variables to keep track of, wouldn’t you say?
MY EXPENSES
Here is a breakdown of my expenses so far:
- Annual Upgrades: $318
- Advertising: $166
- Renting/Recycling/Renewing Referrals: $641
|
Day 120
EARNINGS $606 |
Day 120
CASHOUTS $579 |
Day 120
INVESTED $1,125 |
Days To Profit
at $11 per day 47 days |
In the past three weeks I’ve earned $247, but I’ve also spent $232. Net positive, but it’s brought me only 7 days closer to break-even. It looks like we’ll get there, but it’s a waiting game.
How do you analyze your earnings vs. spending in your own PTC business?
Are there other variables you are tracking, that help you see what’s going on? How close are you coming to your own break-even point? Or have you already reached profitability? Your comments are welcome, let’s compare notes.
The guys at TimTech SOLD NerdBux on March 18, 2014.
Please read the blog post I wrote about the events leading up to the sale: “The Rise and Fall of NerdBux.”
As you’ve seen in previous episodes, NerdBux has been one of the “winners” in this “Amazing Tale,” earning A LOT of money for many folks including me, right up until the day of sale. Earnings have dropped off quite a bit after that… but not to zero. I am still logging in every day and clicking all available ads, and earning money.
No, I don’t think NerdBux is dead yet, but TRUST — which is an important facet of business — has been significantly eroded.
Peter,
I do not have to upgrade, so am going much slower, but it is steady. I just was sponsored in the paidverts. When you read about them, you can see they are honest, been on line for awhile and I am earning! I just added that to the ptc’s I do, plus, the old stand by..inboxdollars, the only thing on line I have ever made money at!
I haven’t heard from you for a while, glad to know you are still posting and I finally got a tame bear badge! lol
Keep posting your blog, it is good!
Kathy