Thanks for your comments.

If I didn’t believe that people could make money from AGLOCO, I wouldn’t be posting it in My personal finance blog. The reason why I’ve been promoting it is because I’ve made money with AllAdvantage, and AGLOCO is the re-incarnation.. Even if it only lasts for a few payments, or none at all, who cares? No risk involved, no capital spent.

Thanks for stopping by.

FT

This type of thing has been tried before and failed.. I still don’t get it. It sounds a little uselss. But if I do understand what algogogocoo is, there seems to me a major flaw with it: who will advertise with it?

I mean, why advertise with algogog (terrible name) when I’m certain that the “audience” is really just a bunch of poor schmucks hoping to earn a few cents while they browse the internet? This is not a great audience for my new prouct/service (unless my ad is for some shinier pyramid scheme).

good luck in it though.. but don’t sacrifice an otherwise good blog by “talking” about it too much (read: pimping your referral link). Maybe make a seperate blog for your algoCoog worship, algogocogPyramidPumper.com or something. It’s hard to take financial discussion seriously from someone who takes this sort of thing so seriously.

I just say because I think you’ve been blogging for about 1 month, and after reading the archives, the reason, sorry to say, I will not be subscribing to your blog is there was just too many advertisements, especially for algogocrook

Very good points.

Tracking your internet habits is not the only way that they’ll make money, they’ll make the bulk of their revenue with advertising and affiliate links. On top of that, they have an agreement with major search engines to pay them every time someone uses the AGLOCO Viewbar to search.

I believe that this business model is better than AllADvantages model as AllAdvantage only displayed advertising banners. AGLOCO will make money from banners/click, impressions, search AND affiliate sales.

Yip, very fair assumption that the longer you wait to join, the harder it will be to get referrals. There is no benefit of joining under someone elses network except for the fact that they told you about this opportunity. I’ve heard that if you don’t join under someone elses network, your referral will go to charity. But that’s just rumour.

For those of you worried about the “tracking”, it really is no different than the google toolbar that most people use. Same idea.

But looking at the bigger picture, it doesn’t cost members anything to join, so there is NO RISK, ALL reward. We’ll just have to wait and see how AGLOCO executes their business strategy.

FT

The incentive for members is to make money while browsing and make even more money by setting up a pyramid of referrals?

In a way, having these companies “spy” on you is not very different than using Air Miles or Aeroplan since you’re allowing them to build a profile on what you buy.

On the topic of referrals: I had a quick look at your previous blogs but I haven’t seen what would be one’s advantage to join through somebody’s network instead of starting “new”. As in any type of such network, the “last” ones to join might have a harder time finding new candidates thus ending up with less revenues. But it’s not like anybody has to pay anything and lose any money.

… is that a fair description?

one thought: AllAdvantage had to cut distributions and then shut down. Is there somethng wrong with this model? The referral scheme is a good way to get users quickly but then becomes an expensive marketing technique. Their goal is to have 10 million users (I’ve read here :http://www.johnchow.com/how-much-can-you-make-with-agloco/)

So let’s assume there are 10.1 million users. One hundred thousands make 5000$ a year ,one million make a 1000$ a year and 9 million make 100$ a year. Unless I’ve missed something, it would mean they’d need revenues of 2.4 billion dollars a year just to break even. hmmm…

No such thing as a dumb question. I’m not sure if AGLOCO will be compatible with firefox, I hope it is b/c I mainly use firefox. :) I’ll look into it for you.

FT

LOL, AllAdvantage didn’t pay you back in the day? I received all the cheques that I was owed.

There is no risk though and VERY LITTLE work involved, why not join up and get some of your blog readers to join up under your network?  If you’re having trouble obtaining referrals, I can help you out if you like. Tell you what, if you join up under me, i’ll post your referral link in my AGLOCO post to get you started.

That goes for anyone, if you join under my referral, I’ll post your link in my AGLOCO post to get you started. Just send me an email.

FT