13 replies to this topic

[dodgerblue]

OhMyBosh, on May 14 2005, 05:34 AM, said:

Also tatatee, I'm a little confused on what you mean by

"Isn't it just a LITTLE suspicious that StormPay has an affiliate program 6 levels deep?"

I was being sarcastic.

What I meant was that it was an extremely blatantly greedy move on NetBux's part to capture profits from every single member of theirs by making a total switch to StormPay as their SOLE payment processor, so that they could cash in on StormPay's program. It would maximise their earning from it, since it goes 6 levels deep.

There is nothing wrong with using StormPay as a payment processor, I mean, if you like hurting yourself, go ahead (they charge fees but PayPal is totally free; I think someone hit their head and lost their brains over at NetBux).

What is unethical and most impolite is the WAY they chose to go about doing it, with absolutely no consideration for existing members who incidentally (big surprise!) do possess preferences of their own for other payment processors such as PayPal.

I don't include Moneybookers or E-Gold because they weren't offered in the first place, so it's a moot point. But PayPal was for some time the only option. To switch without warning is extremely bad manners, and to go one step further and drop support for it entirely just reeks of pure greed.

Hello, you're paying people 2 cents a search, how much do we earn compared to what they earn for advertising - $70 a week or was it $700 a week?

They forget that consumers have a choice too. We can drop them totally as well. That's exactly what I did.

[melkonianarg]

Yes, if everyone just suddenly STOPPED searching, hey would be stuck...absolutely, like if we wanted to bring them down, you could just propose a week of NO NETBUX, and make sure as many people knew as possible...that would probably shut them down, or get them into real trouble with their advertisers...Onthe otherhand, some people have a lot of referrrals and are making a fair deal of money out of the program so I cant see it going anywhere, since they are now able to decide how much they payout cunningly hiding this trick by calling them SHARES, get the picture?

[melkonianarg]

hmm, asince last posting they have done alot to the site...including adding the credit system...which seems to make them more money, or make u less which ever way u look at it...but atleast we know that they are sort of active with all of their announcements...

[Fun4TheMoney]

melkonianarg, on Jun 4 2005, 09:20 AM, said:

hmm, asince last posting they have done alot to the site...including adding the credit system...which seems to make them more money, or make u less which ever way u look at it...but atleast we know that they are sort of active with all of their announcements...

After wasting an hour at StormOfCash (made $.013) I realized that Netbux isn't really that bad, so I signed up for StormPay (I really wanted to get in on their affiliate program ). I read this post and figured I'd better read the fine print again. Sure enough, they went from bad to worse. Here are a couple of quotes.

Quote

At the beginning of each month a value of a share is determined according to the total amount of revenue that Netbux generated for the previous month. So a share could be worth as much as $.01 - $.05 or more.

Quote

Payment
You will be paid on the 15th of every month for the previous months earnings if your balance reaches $75.00 or more. The payment will be made within 24-72 hours if you chose StormPay or 3-7 days if you chose to be paid with a check.

So they've cut our earnings potential in half, while tripling the amount we need to get paid.

The worst of it is that this miserable program will still probably make my top 10. That's how bad things are out there.

Suz