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Michael Green's 'How To' Forum
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How To Forum
Re: After 18 months of watching........
Posted By: steve-o In Response To: Re: After 18 months of watching........ (Stephen Rose)
Date: Tuesday, 21 March 2006, at 1:20 a.m.
> It has been some time since anyone wrote to this thread.
> Those who harbor animosity toward STA will not be much impressed by the
> progress of this business.> Those who have understood its vision and history know its intent was
> always to emerge as a player in the profitable arena of online
> advertising.> Our progress is all the more impressive because of the inevitable
> disenchantment of those who both condemned it for seeming to be merely a
> money program and at the same time skewered it for failing to live up to
> the promises of a ... money program.> So where are we today?
> Well, we now have a global advertising site and our affiliate numbers have
> begun to grow again as people gravitate toward our weekly pay system and
> the reality, daunting to the scam proponents, that we do not pay
> commission on anything but retail sales. We are in fact a global people's
> advertising business which pays 78 percent of net income to affiliates.> We also pay up to 15 percent to afiliates who sell retail ads and agencies
> and resellers who bring us business.> Our public phase is in its infancy. The dollars have not started rolling
> in high enough levels to impress our critics. What will it take for that
> to change?> I really do not look for the attacks to decrease save in relation to the
> growth of the business. Our growing group of partners are aware of the
> attacks. They scratch their heads and do business with us. All successes
> breed malcontents.> Our income streams are retail ad revenue, commissions on affiliate
> participation in partner ventures, investment income and income from the
> purchase of wholesale advertising by affiliates.> What is truly remarkable is our affiliates, their intelligence and
> commitment and talent. Even more remarkable because some of the best and
> brightest joined in the middle of the downer months of 2005 when we moved
> to a weekly pay system and abolished our commissions on affiliate
> purchases.> Many of the newer affiliates have taken our training for Retail Sales
> Associates.> How does a global team of thousands of retail sales associates earning
> commissions on sale of ads for a popular family-oriented global ad site
> that has the back room capacity to receive localized ads sound?> Like a scam?
> Or a very good idea which emerged, in the face of criticiam, from the
> frayed world of network marketing?> Cheers, S
Stephen Rose is one of those at the top of this YM scam, so naturally he will talk it up. check out matrixwatch.com if you want the real story.
the real story.
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