Agloco Addresses Revenue and Cash Payouts
June 27th, 2007
Agloco seems to be one of those companies who you either love or hate. Many people feel it’s a company destined to fail, while others like John Chow seem to believe in it. For those of you unfamiliar with Agloco, a couple of weeks ago I did a post about Making Money Online with Agloco, which covers the basics of what the service is and how the service works.
Agloco addressed the skeptics today, with this really long post about revenue and cash payouts, along with more information about the early problems the service experienced with the release of their Viewbar.
In order to reach profitability quickly (which is necessary to make cash distributions to Members – as I will detail below), we keep AGLOCO expenses to a minimum. Many of you make great suggestions for improvements we could make to AGLOCO, but unfortunately they are not yet in our affordable budget. We have tried to implement the less costly improvements while recognizing that the major changes will have to wait longer. We do hear all of your suggestions, but AGLOCO needs to become sustainable and make Member distributions as fast as possible. To keep expenses low, for example, in the year or so we have been working on AGLOCO, no development team member has been paid for their work (not to mention that some of you have been working very hard to help build AGLOCO as well and have not yet received the rewards of that work either). And with that we are turning our attention to revenue (and distributions to members).
Members often ask when they will be paid by AGLOCO, and how much they will be paid. I must admit that I have a bit of hesitation to address this issue, only because I do not want Members to misunderstand anything I say and/or take it as a “promise or prediction†of what AGLOCO will exactly do in the future. So, I will write the following with the disclaimer that everything I say below, specifically regarding when Members will be paid or how much, is only an illustration and does not constitute a promise of any sort. Capiche? Capiche.
I’m not sure if reading their post has me more assured or uncomfortable with the service.  The release of their Viewbar was definitely a success, but the slow load times with their website and other problems have caused many to lose confidence in the program. At this point, most people surf the Internet anyway, so it’s not really costing you anything to use the service and “earn money.” If you’re interested in signing up, you can easily sign up here and download the Viewbar.
Do you think Agloco will make it?











I still would say that I am not comfortable with Agloco than I was earlier. It may be successful sometime down the future, but that does not mean that I am not apprehensive about it
Just joined your MyBlogLog community! Faved you on Technorati – hope you join my community and fave me back too
Added you in my Mama Links blogroll too!
Mabuhay! AnitoKid at http://www.anitokid.blogspot.com
The link is at http://anitokid.blogspot.com/2007/06/new-friends-and-higher-traffic-via.html
I agree with Vijay. I’m still not comfortable with Agloco. There are lot of unanswered questions. We’ll have to wait and see about the payout.
I can definitely understand people not being comfortable with it, but it doesn’t cost anything. Most people surf the internet anyway and it certainly doesn’t require you to spend any money. Heck, they haven’t even collected personal/payment information yet, so there is no reason not to do it in my opinion.
I don’t think John Chow himself even use that Agloco viewbar; he only use the referral system. Also he might be getting extra commissions (“shares”) for hyping Agloco in his popular blog.
Here’s a reason not to do it, they are going to make money off you and offer nothing in return. Notice how they mention that no one working on developing the viewbar etc has been paid for their time yet? First of all, I don’t know what kind of programmers they hired but they didn’t do a very good job of it as they mentioned even more limitations in their latest posts. However, the developers and people working on the site/program may very well charge huge fees. For example, if I’m one of the people running it well I’ll pay myself $1,000 an hour for my time. How quickly do you think the company will reach profitability then? So they’ll be making money off it and getting paid while the users and people that actually built the client base for them is getting jack squat.
Also, they are already trying to lower expectations for the next couple of months saying revenue will be low. How do we know? For something like this to work there needs to be a maximum amount of transparency regarding costs and profits and the like. There’s none of that. Whether or not this is an intentional scam or just worked out that way, it’s a scam none the less.
Tsewang – He does use it. I only know this because he’s shown screen shots of his referral page and in it he shows the 5 hours he’s credited for. With that said, he has admitted to having a private deal with them, which I assume results in extra shares or something that is making it worth his time I’m sure.
SEO – As usual, great argument from you! I’m not 100% sold its a scam, and certainly don’t feel it is intentionally, but I agree with just about everything you said. As I posted above, their post I think was intended to be encouraging, but I kind of came away from it with a bad feeling.
I remember using something like this when i was in university (about 9 years ago). At that time I was oblivious to money making opportunities on the net, and thought it was great. Ended up make like 10 pence from it. I’m not sure about this program, it may have improved from the past, but for now i will stick to affiliate marketing.
P.s Used to be called nightvision but I want my anchor text to be art of seduction.
SEO got it right there.. They try to lower expectations from us. Then, even if they make a fortune, it is quite evident that we’ll be screwed out of it. Though it does not cost anything, I have no interest in participating in something just to make money for someone who wont even tell me what they are making.