1/31/06

Looking for Some Testers - Make Money on RateItAll

There is some big RateItAll news today - I think we're ready to launch a trial of the rewards program I referenced in a previous post.

We're tentatively calling this thing the "RateItAll Economy," and the idea is pretty simple - if you contribute to the RateItAll community - whether it be by creating Weblists, creating new listings for existing lists, creating a user profile with a picture, or referring friends, we want you to share in the advertising revenue associated with those contributions.

(We're working on incorporating the posting of reviews into this program, but that part isn't quite ready yet.)

Google Adsense

The RateItAll Economy leverages an advertising network called Google Adsense. Google Adsense allows Web sites to make money by displaying targeted advertisments from Google's base of advertisers. Google then shares the advertising revenue with the Web site who is displaying the ads.

So what we're doing is taking this Adsense program one step farther. We're going to allow every RateItAll member to submit their own Adsense account number to their RateItAll registration information. Once an Adsense account number is associated with a RateItAll reviewer account, that RateItAll reviewer will immediately begin sharing advertising revenue on qualifying pages.

Making Money on RateItAll

So what can you do to earn money under the RateItAll Economy program? Here's the initial list:

1) Publish a Weblist

Publishing a Weblist entitles you to a 50% share of the Google Adsense advertising that occurs on pages that you create within your Weblist, and on your main Weblist page.

Those RateItAll members who already have published Weblists will be eligible to immediately begin earning money on those lists.

(Note: You are not eligible to earn Google Adsense advertising when someone else submits a new listing to your Weblist)

2) Add a New Listing

Adding a new listing to any existing RateItAll ratings list (RateItAll, Weblist, Local) entitles you to a 50% share of the Google Adsense advertising that occurs on that page.

New listings must be approved by RateItAll staff or Weblist publishers to qualify, and must include a complete item description.

3) Create a Profile with a Picture

Creating a user profile that includes a picture entitles you to a 50% share of the Google Adsense advertising that occurs on your user profile page. The picture doesn't have to be of you.

4) Refer Friends

When you refer friends to join RateItAll using the Refer A Friend tool on your user profile page, you are entitled to a 10% share of the Google Adsense advertising that occurs on all of the qualifying pages that your friend contributes.

For example, when a friend that you referred publishes a Weblist, your friend would earn 50% of the Google Adsense revenue associated with those pages, you would earn 10% of the Google Adsense revenue associated with those pages, and RateItAll would earn the remaining 40%.

In my personal opinion, the referral feature has the potential to be the real money earner here, as it has the most potential to scale - in other words, folks who are successful in referring new RIA members can build their own mini-empires of revenue earners.


How to Get Started


Apply for a Google Adsense account by clicking the Adsense Icon at the bottom of this post:




- For "Account Type," select "Individual."

- For "Website URL" type in the web address of YOUR profile page (for example http://www.rateitall.com/castlebee, http://www.rateitall.com/irishgit, etc.). The easiest way to get this address is to go to your profile page on RateItAll, and just copy/paste the URL from the address bar.

- For "Products" select only "Adsense for Content"

Once you have been approved for an Adsense account (usually within 24-48 hours), log into your Adsense account HERE, and then click the tab at the top that says "Adsense for Content."

Scroll down to the section that says "Your Adsense Code." The second line of this code will say "Google-Ad_Client = 'pub-xxxxxxxxxxxxxxxx'

This number is your Google Adsense ID number - carefully write it down.

Now go to your User Profile page and click on the link that says "View and Change Your Registration Information."

You will see a field that says "Google Adsense ID." Fill in your Google Adsense ID number that you wrote down earlier (just the number, not the "pub" or the quotation marks).

Hit submit. You are now earning money. You can check your stats by logging into your Google Adsense account - they update every couple of hours.

It sounds complicated, but this whole sign-up process should only take you about ten minutes.


Questions?


I am REALLY excited about this program, and it feels great to be able to allow every RateItAll contributor the opportunity to share in the site's success.

As always, feel free to message me here with any questions. You can also IM me on MSN IM at lawrence AT rateitall.com

Much more to follow on this subject.

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