AGLOCO for newbs

Ding Ding Ding Ding

The more I read from the AGLOCO company blog the easier it gets to explain what AGLOCO is all about. Keep it simple and people respond much better:

You don’t need to write a book about Agloco.

It’s very simple :

-Agloco is risk free.
-Agloco cost nothing to participate, no upgrade, no outlay, $0.
-Agloco will pay you up to 5 hours of your time online every month.
-Agloco will pay you a percentage of all your referrals and indirect referrals down through five levels, as they spend time online.
-Agloco will have a simple viewbar you may download that tracks your time online.

Enroll today.
My guarantee - You may cancel at any time if you feel Agloco is not for you.

You see in this busy internet world we practically live in, we don’t have time to read long pages and long ads unless we know how to write from the get go something that is going to keep the readers attention and ….. it won’t! It won’t because everyone is different and has different tastes. So, keep it brief, keep it to the point, state :

WHAT’S IN IT FOR ME ?

Agloco will pay you.

WHAT DO I HAVE TO DO TO GET PAID ?

Simple. Download a viewbar. You will be paid up to 5 hours of your time online every month.

HOW CAN I MAKE MORE MONEY ?

Easy. Tell your family, friends, associates. You will be paid a percentage of their time spent online utilizing the viewbar.

I say all this because I see so much stuff out there about Agloco that would make me click off their site in a heartbeat. Also, I think some members may feel they need to go into a long drawn out drama about Agloco. Not so.

If you are going to market…market.
Let people know whats in it for them.
That is really all you need to do.

Amen. Pass the salt.

The AGLOCO pitch in a nutshell

If you go to the AGLOCO blog, you will find this nugget in the 'About AGLOCO' page:

About AGLOCO

Do You Realize How Valuable You Are?
Advertisers, search providers, and online retailers are paying billions to reach you while you surf. How much of that money are you getting?

You Deserve A Piece of the Action
AGLOCO gets paid by companies to reach our Members through our Viewbar™ software.We give that money back to you.

Build the Community, Make More Money
Through our Referral Program, we reward those who are helping to build this Global Community. The bigger the community, the more money AGLOCO makes for its Members.

What’s the Catch?
No catch. Sign up, refer your friends, download the free Viewbar™ software and surf the Internet as you normally would.

Privacy Counts.
Your information will never be sold, rented,or shared with anyone else. Bulletproof privacy is a core commitment of AGLOCO.

So, that is really all you need to mention to someone, really. I plan on e-mailing this out to prospective members, if I ever get any! So sign up now and get on board.

More economics of AGLOCO

From the Simmons report, all newbs should read the following to get a good idea of what to expect from joining and recruiting members into AGLOCO:

The cost of recruiting new users to AGLOCO can vary. For many users it is simply sending an email to friends or contacts – or talking to them directly. For others it is blog postings or website notices and for some users paid ads on search engines. The privacy and anti-spam policies of AGLOCO and the track record on these issues of Ray Everett-Church (AGLOCO’s Chief Privacy Officer) makes the risk of getting spam, pop ups and other trash as a user a non issue.

In general, given the low level of work needed to recruit new users to AGLOCO and the zero cost in terms of money, the cost/benefit ratio of recruiting new users to AGLOCO seems to be highly favorable. Because there is no limit as to the number of referrals a user can recruit, the upper end on this opportunity could be high (which means it can be worth putting in the effort to promote actively). This analysis was done two weeks after AGLOCO launched and there have been user postings noting referral networks of 4,000 and 5,000 already. At $30 value each this would be $120,000 to $150,000 so far, which means AGLOCO could make some serious recruiting users a high return on their efforts.

 Referral Example: 

• A user recruits ten people (10 direct referrals) –
• If on average, each direct referral recruits 3 new users (some will recruit many and some none, but the average is 3 for each level of your network) -- Value of 10 referrals $300
• The user would have 30 indirect users one person removed. – Value of 30 referrals $900
• The user would have 90 indirect users two people removed -- Value of 90 referrals $2,700
• The user would have 270 indirect users three people removed -- Value of 270 referrals $8,100
• The user would have 810 indirect users four people removed  -- Value of 810 referrals $24,300
• Total referrals the user would have in the network would be 1,210.

You Tube takes after the AGLOCO model

Very interesting blog article about YouTube's recent comments about sharing revenue with its users:

<img src="http://img106.imageshack.us/img106/7075/artiyb2.jpg">

Now is the time to start

IMO, the big winners in this membership-based community will be those who worked together to build a reliable tally of referrals meaning those downstream referrals are equally as excited to build their own base and have reliable referrals of their own. When AGLOCO releases the toolbar, everyone will have access to it and begin their own individual referral base, but it will be those who really put in some work to grow their base in a prudent manner who will gain the most.

As their members act on the same principles inevitably they will stand to pick up the most post-release referrals as well. Its a matter of a race - who has the most forward momentum when they start the race (aka toolbar release by AGLOCO) will win in the end.

If you look at the numbers right now, the top referral membership is something like 15,000. The time is ripe for the savvy and motivated.

Patience, grasshopper

The corporate blog for AGLOCO has a new post out today, biding time, making a couple of tweaks here and there - and the natives are getting a little restless. Take a look at a couple of comments:

1. mark said,

   January 31, 2007 @ 6:35 am

   people we just wana know when we’re gona get paid. i’ve joined this network since november and i’ve been waiting ever since. i’ve put a stop on recruting until i see results.

   you said you will come up with the bar by like february. isn’t it february already?
   i remember reading clearly that you were making plans for february for the viewbar.

   if it was really coming out in february then im sure you’d be already talking about the launch. instead nothing is really happening other than promoting promoting promoting.

   you know what. i’m out until i see action. i’ll come back in a month or two.

   i’m sure at least 50% of people feel this way so don’t try to bash my comment i know i’m right.

   bye

Mark, I can understand your frustration in wanting the toolbar launched, but I am sure it is not ready yet, nor are they ready on negotiations with advertisers. Like I said, I am a newb, so take it with a grain of salt. This is a great time to build up a base of referrals while it is basically no competition. When they do launch the toolbar, us little guys with blogs will be blown out of the water, unless we outwork them now while the work can be done.

I would, but

One thing I would hope would not happen to Agloco - which can do so easily in a marketing plan like theirs - by depending on members recruiting members we may build a network, but wouldn't it require the cold hard facts?

Would you like to:

Earn income just by surfing the web?                                                                  

Earn 4 to 5 figures monthly by simply inviting your friends to do the same?

                              

Be part of possibly "the next big thing" in online advertising?                                  

Join a team where members help each other succeed?

                                 

 

For me, when I first read the ad on aglocovip.com I thought that it was a really cool way to market AGLOCO and to grow a membership base that would rival the top 1%. I'm pretty sold on the concept, but the money pitch in this ad is misleading - unless the stock was issued today.

Now, I am a noob, ovbiously. It may be the way to go to get that many members to put you into the top stratosphere - so be it. But I think that in the long run, those big numbers may just peter out after a short time. RZ McCall's approach of building a base is the better bet for the long term viability of AGLOCO.

I think I have about 15 referrals - and thank you for all who have done so here, I hope you kick some ass. I want AGLOCO to beat nay-sayers like this guy who said:

After all, logically some of these users are on the search engine just to make an easy buck and are not necessarily interested in serious searching. Lower quality viewers aside, there is bound to be a market here worth tagging but I expect advertising on any of these properties should be carefully thought through before proceeding.

Well, if AGLOCO goes the route of McCall, the base will grow exponentially and will become a powerful consumer market in and of itself, and threatened types like Ross Dunn may need to get a new job. Such a group would be so serious in their searching that the money spent from the community itself could make the above ad from aglocovip.com true. Hopefully it grows the right way.

McCall crosses 12,000

Just a point of order. When RZ McCall is lighting cigars with $100 bills, at least we will know how he got there:

12,000 AGLOCO Referrals - Sounds Good to Me
I was of course thrilled to hit 12,000 so early in the year. My stated goal of 20,000 by the end of 2007 seems closer every time I post an increase (seemed like a bit of a stretch back on December 13th when I made the prediction).
 
Many people have asked – How did you get so many total referrals when you only have 82 direct people you recruited? I have been giving advice in many of my previous posts (click here to get the referral advice posts )
 
Today, I want to show the math of the 12,000 referrals as I see them.
 
Line 1 – My Direct recruits = 82
 
Since I know most of them and talk frequently to some of the more active ones for AGLOCO, I know something about this group.
Two of them have more than 1,000 people in their networks. A couple of them have more than 50 Direct recruits. And a few of them “still haven’t started”.
 
Line 2 – My Direct recruits’ Direct recruits – I am guessing around a 7 to 8 recruit average for a total of about 600 members on that line.
 
The next three lines are even more guesswork, but it is fun to think about how the set up looks and how can I make adjustments accordingly.
 
Line 3 – If the 600 second line members average 3 to 4 recruits each then this line is about 2,000. They are newer to the system and have not had as much time to get motivated etc.
 
Line 4 - If the third line members average just 2 to 3 recruits each then this line is about 5,000. They are even newer to the system this group represents a huge potential to me. If I can get this group to average the 7 to 8 that Line 2 appears to be doing then this group can supply 25,000 to 30,000 more people in my network.
 
Line 5 - If the third line members average just 1 recruit each then this line is about 5,000.
 
Final look (remember – just a guess)
 
Line #1        82
Line #2      600
Line #3   2,000
Line #4   5,000
Line #5   5,000
 
How do I leverage all this to exceed my goals?
 
I think my advice to myself would be the same to someone with 10 directs and only 100 total in their network.
First, over the next 6 months I am going to try to double my Directs (to 160). If the quality of the new recruits is as good as the original 80 then that effort alone should double my results.
 
Second and maybe more importantly, I am going to work with my Directs to get them to double their Directs (or in some cases just start recruiting).  http://mccallsnotes.spaces.live.com/blog/cns!9F2891B66EBAA762!427.entry
 
This effort includes giving them emails to send to people who have not yet signed up plus advice on how to get their Directs to recruit.  Here is a link to the sample email I use for second attempts. http://mccallsnotes.spaces.live.com/blog/cns!9F2891B66EBAA762!427.entry
 
The real “trick” to getting a huge referral network is getting your Directs motivated and then getting their Directs to do the same thing. This chain reaction can result in amazing results.

The key indeed. Next post will be about alot of other 'things' that some feel is prohibitive to getting people motivated at this time. Fair & Balanced, haha!

Interview with Agloco Founders Ray Everett Church and Akshay Mavani

Doing some surfing around today and reading different AGLOCO blogs, here is one that has an interview with the founders of AGLOCO, and some other great info on his referral network of members.

One of the first live interviews with the Founders and Creative force behind Agloco. Robert Scoble does a good job interviewing these two and asking the right questions. Ray is the Chief Council and Chief Privacy Officer, while Akshay is the Chief Strategist; the Video is awesome motivation for those who are either skeptics, or just uninformed about the Agloco Economic Network concept. If you know who Scoble is, then you know how Big Time’ this interview was. I wish they had a sample ViewBar to get us all drooling, but maybe that’s next week - not holding my breath, but crossing fingers...

More analysis

From the 'how does this thing work' file, I came across a very informative analysis of AGLOCO. Read on, newbs:

Analysis:

This analysis is centered around the amount of personal value an AGLOCO user could get, with a special focus on a user who is actively referring new users to AGLOCO. Material used included the AGLOCO website (membership agreement, privacy policy, FAQs and general information pages). management interviews, critical blog postings concerning AGLOCO, internet advertising and commerce data, valuations of other Internet communities and the business model economics of Google, Yahoo, MySpace, You Tube, etc.

 

Conclusions:

The valuation conclusions are based on AGLOCO reaching two million users in a two year time span:

• A user who has no referrals should      receive ownership in AGLOCO worth on average      about $150. (plus monthly cash distributions)
• The average value of an AGLOCO      user’s referral network should be $30 each in ownership shares plus the      referrer’s share of monthly cash distribution.
• The average AGLOCO      direct referral should be worth in excess of $3,000 each (see example      below for details)
• The analysis also shows a range of monthly      cash distributions of between $5 and $15 a month per user.
• The AGLOCO      business model looks theoretically sound – (assuming they get      to a decent size quickly - at least 500,000 users within nine months to a      year.