Tuesday, January 26, 2016

Week 4: Getting Analytical With Rented Referrals

20 Jan '16 - 25 Jan '16

So, it's been a week that I've spend quite a sum on managing my referrals. I did not purchase any new ones on Neobux yet, but simply spent on extending and recycling referrals. I decided that I need to view each referral more closely on how much they are clicking for the week and month. This will give me a better picture if I decide to recycle them or not.

Therefore, I created an Excel spreedsheet listing all the referrals and marking X on the day that they click the ads. I find this method is useful and tells a lot about their activity. I highly recommend it, though it will be tedious and quite an extra work.

Managing referrals is an effort, and takes skill to develop. Another question you might think is, how much money should I spend maintaining? Should I just throw as much as I can or what percentage should I maintain in my balance?

The week for me went good in the beginning, but not so good at the end. I expected to have a good steady income of $0.40 a day but unfortunately doesn't really stay that way. I felt a need to change my strategy of making regular purchase of new referrals. I will need do another buyout through Paypal already, but use what I have and grow steadily.

For those who would like to know my Neobux excel spreedsheet, it will be available soon.

Neobux
Daily Income Estimates

July - Nov '15: $0
Nov'15: $0.10
Dec '15: $0.20

Rented Referrals:
Dec '15: 22
Jan '15: 47

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