YMMSS ads: wholesale versus retail

[surfer]

Yet another inconsistency in the YMMSS scheme.

Correct me if I'm wrong, but doesn't most of the
world pay less when buying something wholesale
versus buying something at retail price?

http://www.ymmss.org/readfirst.php #1 says they
sell advertising at wholesale to their affiliates.

http://www.ymmss.org/about.php has a link to buy
Gold Forum "advertising" at retail for $199.95 which
is $120 less than affiliates pay for "wholesale"

Of course, on that same page, it mentions paying
$560 plus an $11 affiliate fee to send an ad to the
safegroup.

Pretty confusing stuff to a potential customer coming
from a company that is supposedly in advertising.

#3 is also outdated info(or another lie if you want)
stating that 3. All YMMSS members have expendable income because if they have been members for over 90 days, then they have earned a commission from YMMSS.

You would think that an internet based advertising
company that was serious about it's business
would keep their site info current and less confusing
to potential clients.

Just something that's bugged me for a while. :D

I'd be so curious to know how Kim would expect
YMMSS members to sell their EPCs at a profit
when YMMSS sells them at less than the
"wholesale" cost that they charge their affiliates.

A bit backwards, don't you think.

[Gringo]

Well if you really want wholesale prices on EPCs just roll on over to their auction site and buy them for 5 cents on the dollar. If their paid to read ads were really effective, don't you think that people would be paying more than five or ten cents for an EPC...

...and they think their retail ads will bring in millions.

[Dreamer]

In regards to the retail ads:

Why would i, as a small business owner, or the advertising department of one of the worlds largest corporations want to advertise thru ymmss, or any other site for that matter?

I can imagine my tv spot now:

"For all your coin hobby needs, from the common dates to the rarest coins in the world, please visit our ads online. Goto ymmss.com, pay them $25, become a member, click on the forums, go to retail sections, scroll down a few pages, click on..."

I guess thats better than: "Go to mycoinship.com for all your coin needs".

So, lets pretend they meet their goal of 100k/100k.

What percent of the population collects coins? I say 1%. Maybe its like 5% or more, but maybe the 1% wants my product. So, i have to hope that some of them are members of ymmss. Even if ymmss has a perfect cross section of people in the world, I can expect 1,000 members to view my ad. Now, assuming 100% of those coin collectors find my add and read it, what percent will buy anything i have?

Shoppers are finiky. I m going to have to have something that somebody really wants in order to sell it So, 1% of those people buy something. I made 10 sales.

Now, a sale is a sale. 10 sales can make the advertising worth it, if they buy alot of stuff, if they come back every week. But, the most important thing about sales is getting free word of mouth advertising. With this group of people there will be no word of mouth. I cant tell my best friend about this awsome deal because they have to be a member.

But, if I sell on ebay - people are actively searching for my product. If I meta everything correctly people will search out me on yahoo. I can advertise my site on tv, radio, newspaper. I can advertise in the back on coin magazines where people actually buy the magazine to read the classifieds. All this i can sell my product out and get people to visit my site. Why would I want people to visit ymmss to buy my product?

Even as just ymmss as just another means of promoting my website, would I want to advertise that way? NO.

Lets assume that I dont know what ymmss is, and i dont anything about this end of the business. If I'm paying them money, I'm going to ask questions. What does this group of people comprise of? 100k/100k? How did they earn their money? They are paid to read ads. HOw much are you paying them per hour or per read? Oh, based off of them having to buy advertising? Even so...people paid to read avertising...what do you think of? Well, they have probably already seen thousands of coin ads. Mine isnt professional. Other places might be cheaper. If I have anything they want, they already bought it probably. A professional ad reader probably already purchased everything they want.

And if I know the business, its a ponzi. the numbers show it. Do i want to allign myself with it? YMMSS was just found guilty of being a ponzy, the fearless ceo and leader is doing 20 years in prison. Such big sites like mycoinship.com are not being considered defendants to get back the money.

It just doesnt add up. Why cant i, as a non member, view their ads? Why is it so secretative? I would rather have potentially all of america read my ad rather than a bunch of good meaning nice people who took their social security checks and gave it to someone so they can better their lives?

[Casandra]

?

I can imagine my tv spot now:

"For all your coin hobby needs, from the common dates to the rarest coins in the world, please visit our ads online. Goto ymmss.com, pay them $25, become a member, click on the forums, go to retail sections, scroll down a few pages, click on..."

yer dreamin' Dreamer. They don't want little ole hobby things, they want Big Macs and Escalades lol

[surfer]

Well, I'm certainly looking forward to reading
the survey(s) that Michael Hamilton comes up
with.

BTW, you can keep up to date with him by going
to http://www.ymsurveys.com/

There are just so many holes in this entire
"business".

Over 70% of the membership has not made any
money at all.

The early birds in the ponzi are making significantly
less than they did last year.

Paid to read has never been successful on a large
scale because people simply don't work that way.

In May, YMMSS generated less than $10K in sales
from banner ads that contribute to the CPA. That's
coming from approximately 25,000 members.

Retail advertisers are going to need to see results
and they are simply not going to get it from poor,
broke YMMSS members.

Small businesses like mine have a ROI threshhold
that we shoot for. I doubt that YMMSS could
ever outperform my PPC campaigns.

Big business does a lot of advertising for both
results and branding. As Dreamer mentioned
above, why would they bother buying from a
closed community that will not give them better
results than other advertising to a much wider
audience.

It doesn't really matter whether a company is
advertising in the NY Times or with YMMSS.
Neither of them would be considered targeted
marketing like a PPC campaign or as in Dreamer's
post a coin vendor advertising in a coin magazine.

Just like the cheap paid to read sites, the YMMSS
members would be a good target for biz opp marketers
or maybe those marketing investment/HYIP stuff
because that's what the YMMSS membership consists
or.

Well, I guess it still makes a nice front for a ponzi. :rolleyes:

[200_K_already]

Dreamer wrote:
Lets assume that I dont know what ymmss is

Not difficult.


Surfer wrote:

There are just so many wholes in this entire
"business".

holes maybe?
lol lol

What a bunch of deadbeats.

Get a life.

:crazy:

[surfer]

LOL, oops a typo. :o Corrected it for you Alan.
Good catch. :rolleyes:

Glad to see you didn't see anything else worth
correcting.

How's IT4US going for you these days?