Is Anybody Using AGLOCO?
Whenever I write MyBlogEarnings Reports I try to check all the old schemes that I’ve used or promoted in the past, to see if I have any residual income. One such old scheme is AGLOCO, which earlier this year every blogger and his dog was promoting.
I promoted AGLOCO a few times because I decided I had nothing to lose, but I really wish I hadn’t even written the few plugs that I did after looking at my pitiful stats:
Even though I still rank in the top 1.12% of AGLOCO affiliates, my network has only managed to rack up 11.6 hours of usage in total.
AGLOCO is a classic example of a service that spreads like wildfire throughout the blogosphere, promising untold wealth or traffic, but which fails to deliver. BlogRush is another great example of where many bloggers rushed to add its widget to their site hoping to get huge traffic increases, without taking a second to consider whether a widget that is typically placed below the fold in other site’s sidebars would ever drive a lot of clicks.
Is anybody making any money from AGLOCO, or are AGLOCO one for the blogging scrapheap?
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Comment by Dave Starr on 8 October 2007:
Thanks, Carmen, for an informative and courteous reply. It told me a lot. Pretty much confirmed what I had thought as far as the value/lack of value to the time so many have invested in this program of “promises”. Best of luck in your endeavors.
Comment by Carmen on 8 October 2007:
I am not aware of any real world transactions that have taken place.
However Agloco officials have mentioned that they plan on adding the abilities to transfer hours and referrals between accounts, thereby setting up a market.
Payout structures are still a mystery, as they are waiting to be profitable before they commit to anything. However, October is supposed to be the month where they become profitable, as they have just signed a new partnership with Ask.com
Also, we know that they were NOT profitable for June, July, and August, and yet they are still going to pay about 50 cents an hour for each month, albeit over a period of 120 months (although this is subject to be shortened). What that means is that, your payments would increase every month. On a 10 yr scale it’s pretty shitty, but when they shorten the time period (which i believe they will), and if you have a large enough network I think you can make some money.
There are a lot of “ifs” but I like the concept.
-And at this time it is against the terms of service to sell accounts. I was just seeing if he was interested so that if and when the ability to transfer accounts was enabled, I’d know of someone interested in selling.
In determining the value of an account. I would have to look how much you would make over the period of which they would pay you, and then make you an offer that is more reasonable for you today.
an example is: if they would pay you $400 over 5 years, I could pay you $200 today. Something to that effect.
Comment by Everton on 8 October 2007:
I’m interested to see where this goes as well Dave. I might even do a post offering to sell my account to see who and what it flushes out
Comment by Sofna on 8 October 2007:
We had this service on our blog for A while and didnt make squat with it either.