In this post I want to break down how you the member is rewarded through Varolo. Just keep these three things in mind as you read through the post. First, Varolo is 100% free for the user, advertisers pay for everything. Second, Varolo does not require you to purchase anything. Third, Varolo doesn't require you to sell anything. With Varolo you are rewarded for watching commercials.
Varolo rewards it's members through several different mechanisms. These include points, the weekly sweepstakes, and village earnings. So lets get started looking at how you can be rewarded.
Points
This is the simplest way for you to earn rewards. Every time you watch a commercial, Varolo rewards you with points. The average commercial right now gets you one point per view. But there are several commercials that earn you as many as five points per view. Also, as members in your village (Varolo's term for your social network) watch commercials you can earn extra points from them. So as your village grows, the number of points earned each week grows, and you can cash out points for prizes that much faster.
Weekly sweepstakes
Every commercial you watchs gives you one entry into the weekly sweepstakes. Now keep in mind that Varolo is growing the weekly sweepstakes by $25 dollars per week, at the time of this post. So this is a pretty good incentive to watch every week. And just like with points, you village helps out with this by what Varolo calls splash up. Basicly if anyone in your village wins the weekly sweepstakes Varolo gives them 100% of the jackpot and you get 10% of the value. So, a member of your village gets the $300 dollar jackpot and you recieve $30 for them being in your village. Again, it pays to grow your village.
Village Earnings
With Varolo up to 20% of ad revenue gets payed out to the members. In otherwords, as people in your village watch commercials you and members of your village can see up to 20% of the cost per view. So people in your immediate village, or 1st tier, watch a commercial, you see 8% of the cost per view for that commercial. The percentage goes down by 2% as the village member watching, goes down in tiers. Here is the break down, straight from Varolo.
Tier 1 = 8%
Tier 2 = 6%
Tier 3 = 4%
Tier 4 = 2%
All four tiers = 20% paid out to village members
As of this post, Varolo's cost per view is between 1 and 5 cents. But Varolo currently has about 55,000 members. As membership grows the biding will go up and cost per view will increase, which means an increase in village earnings.
So, how about a real world check on Varolo's potential that anyone can do. And lets use a social network vehicle that we all know, Facebook.
Facebook has flat, image and text based ads. Keep in mind Varolo is a streaming video ad. If you go to your Facebook account, you can build your own ad. As you build, can choose which groups you think will be interested, and Facebook will let you see the potential number of members, who will see your ad. You also get to choose the time of day you want it to run and you can choose how much a day you wish to spend.
When I built my mock up Varolo ad for this experiment, I left the catogories on face book at default. This meant that 4 milion possible members will see my ad run at noon. With a budget of $50 per day and a estimated cost of $2.18 per click. That means $50 buys me 22 clicks, and then my add is pulled. Those 22 people are the only ones I can get that day to view my product. Remeber Facebook is a flat image with a limited text file to intice people to go to your site and check out a product.
With Varolo $100 buys an advertiser 10,000 views, or over 9 hours of commercial air time. This is set at 1 cent per 30 second commercial. That means $100 dollars gets an advertiser 10,000 garunteed views. With feed back on how people rated the ad and if they were interested. These numbers are straight from the companies own site.
So you can see as membership in Varolo grows the potential for ad revenue growth increases. Also keep in mind that 4 million is only about 2% of the 250 million adults in America. So imagine what the bidding by advertisers will be when Varolo grows to just 1% of the population in the U.S., and 1% isn't even that high a number.
So if your not a member or Varolo and would like to be, join my Varolo village, by clicking any of the Varolo links in this post. And lets start growing your village together.
Join Varolo and get rewarded for watching commercials. Varolo takes about 10 minutes a day, and is 100% free to members. So join my Varolo village today. http://www.varolo.com/village/Harvey75
Showing posts with label Varolo. Show all posts
Showing posts with label Varolo. Show all posts
Sunday, March 13, 2011
Monday, March 7, 2011
After Five Years, Why I Watch Commercials Now
It's been five years since I last watched a TV commercial; thanks inpart to the DVR. So it might seem strange that a few days ago I started watching them again. Then again, if you already know about Varolo, maybe not so strange.
About four days ago I stumbled across a link to Varolo. Being skeptical I took a day and checked the site out. When I didn't find anything to make my spider sense tingle, I decide to jump in and see what this website was all about.
Basically, Varolo lets you leverage the power of your social network; join it with the social networks of other's, and earn big rewards in doing so. At this point, you are probably asking yourself the same set of questions I was, when I found the site. How does it work? Is it legitimate? How much is this going to cost me, in both time and money? Well, let me help you out, and answer these questions for you. I'll start with the big one:
What is this going to cost me?
Nothing! Varolo is absolutely FREE, to you the user. Thats right, FREE. I'll get to how this is possible in a minute. First a word on your cost in time. Varolo will take up about 10 minutes a day, in time, thats it.
Second question:
Is it legitimate?
Yes. Varolo is a real bussiness. It's based out of Utah, and its a legitimate service. Check them out yourself, they are above board.
So the last question:
How does it work?
Varolo matches members with advertiser, based on the members profile and current interests. Simply put, Varolo is a T.V. channel, without the T.V. shows. Thats right, they just have the commercials; and thats why it only takes about ten minutes a day.
Varolo rewards the user (you), for watching these commercials, in three ways. First, you earn points, that are redeemable for prizes, with every commercial you watch. Second, every commercial you watch enters you into the weekly sweepstakes. Third you earn even more points and earnings the larger your village is. A village is what Varolo calls your social network of members.
So, you are probably asking why advertisers, would pay Varolo, to give you points and prizes, for watching their commercials? Thats, an easy one. Because guys like me haven't watched a single T.V. ad, in five years and the advertisers know it. Yep, its that easy. The advertisers know that people are watching fewer commercials thanks to all the new technology out there. So the advertisers are trying to find new ways to get to the customers. So that is why they choose Varolo and so should you.
Look, check out the website and see for yourself. Each one of the links to Varolo, on my post, will take you to the website, allow you to watch the two minute user tour, and let you join my Varolo village. Once you have joined, you can build your channel profile and start earning points for prizes by watching commercials.
After you join Varolo, you also get the chance to start building your own Varolo village, and get even more rewards. Varolo also has some great tips and blogs to help you learn how.
And now for the best part about Varolo. You don't have to sell anybody anything. All you do is what you are doing right now. Watch commercials, surf the web, and post on your favorite social websites, your own link, to your own Varolo village. And if you are still wondering how its possible that is all you have to do.
Remember what I said earlier.
Varolo lets you leverage the power of your social network; join it with the social networks of other's, and earn big rewards in doing so.
So Join Varolo Today!
About four days ago I stumbled across a link to Varolo. Being skeptical I took a day and checked the site out. When I didn't find anything to make my spider sense tingle, I decide to jump in and see what this website was all about.
Basically, Varolo lets you leverage the power of your social network; join it with the social networks of other's, and earn big rewards in doing so. At this point, you are probably asking yourself the same set of questions I was, when I found the site. How does it work? Is it legitimate? How much is this going to cost me, in both time and money? Well, let me help you out, and answer these questions for you. I'll start with the big one:
What is this going to cost me?
Nothing! Varolo is absolutely FREE, to you the user. Thats right, FREE. I'll get to how this is possible in a minute. First a word on your cost in time. Varolo will take up about 10 minutes a day, in time, thats it.
Second question:
Is it legitimate?
Yes. Varolo is a real bussiness. It's based out of Utah, and its a legitimate service. Check them out yourself, they are above board.
So the last question:
How does it work?
Varolo matches members with advertiser, based on the members profile and current interests. Simply put, Varolo is a T.V. channel, without the T.V. shows. Thats right, they just have the commercials; and thats why it only takes about ten minutes a day.
Varolo rewards the user (you), for watching these commercials, in three ways. First, you earn points, that are redeemable for prizes, with every commercial you watch. Second, every commercial you watch enters you into the weekly sweepstakes. Third you earn even more points and earnings the larger your village is. A village is what Varolo calls your social network of members.
So, you are probably asking why advertisers, would pay Varolo, to give you points and prizes, for watching their commercials? Thats, an easy one. Because guys like me haven't watched a single T.V. ad, in five years and the advertisers know it. Yep, its that easy. The advertisers know that people are watching fewer commercials thanks to all the new technology out there. So the advertisers are trying to find new ways to get to the customers. So that is why they choose Varolo and so should you.
Look, check out the website and see for yourself. Each one of the links to Varolo, on my post, will take you to the website, allow you to watch the two minute user tour, and let you join my Varolo village. Once you have joined, you can build your channel profile and start earning points for prizes by watching commercials.
After you join Varolo, you also get the chance to start building your own Varolo village, and get even more rewards. Varolo also has some great tips and blogs to help you learn how.
And now for the best part about Varolo. You don't have to sell anybody anything. All you do is what you are doing right now. Watch commercials, surf the web, and post on your favorite social websites, your own link, to your own Varolo village. And if you are still wondering how its possible that is all you have to do.
Remember what I said earlier.
Varolo lets you leverage the power of your social network; join it with the social networks of other's, and earn big rewards in doing so.
So Join Varolo Today!
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