Is myLot profitable?
By dieorfly
@dieorfly (763)
Slovak Republic
November 20, 2008 3:06am CST
We all expect to get paid here after we reach the minimum payout. Also when we turn on the computer in the morning we expect myLot will be still here. But what about all others online earning opportunities which disappeared during one night, or stop paying members or changed terms of yous, so it is almost impossible to get paid? What is the guarantee this will not happened with myLot too?
Lets talk about a bit about myLot earnings, so how mylot earn? I think the only income are advertisement banners on this site. But how much can these banners earn per month? I have no idea but I do not think it is huge amount of money. On the other hand there are all the members of myLot, if there will be only 1000 members who reach the minimum payout $10, they will cost myLot $10 000. And I was just counting with 1000 members of myLot who reach the minimum, I think there is much more members who reach it monthly. So these are really huge expenditures.
So how do you think myLot pays so many members each month and it is still profitable? Do you think myLot earn a lot of money? If yes how?
1 person likes this
4 responses
@aseretdd (13729)
• Philippines
23 Nov 08
Mylot has been around for almost three years now... and it has stayed true to its promise in paying its members monthly... and with that... i think the admin is still profiting from this site... because if they are not... i don't think they will continue with mylot and would just go to another business venture where they would earn more...
@tamarafireheart (15384)
•
20 Nov 08
Hi dieorfly,
You can find out all you want to if you look on Mylot earnings, Mylot don't have to pay us, as we are here only to have fun and make friends, also you can learn so much about contrues and cultries, it is not just about money and anyway Mylot earning is a bonus for just been here, if you just use mylot for fun and making good friends then you won't think about the money side and Mylot will be here for a long time as its world wide site. Just look at Mylot population at the bootom of the page.
Tamara
1 person likes this
@dieorfly (763)
• Slovak Republic
20 Nov 08
Hey Tamara, I am here because of all the friendly people and interesting discussions of course. But since I am curious person I was really thinking about myLot profit. I think this is the main reason why myLot was created. So I was wondering how myLot can spend so much money on the members and still be profitable enough.
@mvsrao (4365)
• India
20 Nov 08
I strongly believe and hope that Mylot is not losing their profits .
