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This has got to fucking stop

Discussion in 'BlackHat Lounge' started by chocolatemonkey, May 20, 2010.

  1. chocolatemonkey

    chocolatemonkey Junior Member

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    How many of you are sick and tired of net 60 payments? Think about it... they're making two months worth of interest off of YOUR money. Isn't it disgusting?

    Obviously I know there are companies out there that pay weekly, but why can't companies that are FORTUNE 500 COMPANIES like Google pay monthly? I mean would they get away with paying their employees 2 months after they worked? Hell No! What makes us any less than an employee when we're the lifeblood of their business? (or partially as in Google's case, but still a HUGE portion for that matter).

    Sorry I had to vent and I know this is in the making money section, but I think this has everything to do with making money, as I'm sure you all can agree.

    But the real reason I bring this up is because unlike many affiliate networks where you can build a relationship with your affiliate manager and get paid monthly/weekly, its nearly impossible for you to get a change in terms from giants like google or even adbrite for that matter, where there are no affiliate managers because you're not pitching affiliate products.

    Have you guys found any successful workarounds for negotiating monthly payment with these non-affiliate companies? I mean its not like we're asking for weeklies, and even if we were, adsense is PREPAID via adword/content network advertisers so why can't they pay weekly for that matter?

    Its such bullshit...
     
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  2. vivalafeva

    vivalafeva Jr. VIP Jr. VIP Premium Member

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    Interesting. See with CPA networks very often you arent getting paid because they havent been paid yet. The advertiser doesnt always pay them till after the scrub and CB's are all done and what not. But your right, with adsense its all paid automatically upon the click. Bastards. Atleast eventually you are getting money monthly, cause every month hits another months earnings net payment date.

    But I will say, I moved this thread to the lounge.
     
  3. chocolatemonkey

    chocolatemonkey Junior Member

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    Glad to hear I'm not the only one with an ear to this viva. No worries about moving it, I'm just glad other people are waking up to the involuntary loaning that they're unknowingly participating in...
     
  4. enes9

    enes9 Registered Member

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    Occupation:
    A full time Search Engine Optimizer and Web Conten
    Location:
    In your dreams...
    But the sad part is, we can't do anything. Can we?
     
  5. appleman

    appleman Regular Member

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    if your pushing enough volume they will pay out their pockets ahead of time. That is how it should be I suppose
     
  6. chocolatemonkey

    chocolatemonkey Junior Member

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    That's what I was thinking too... the question is, what do they consider "enough volume"?

    I guess its all about who you know, not what you know huh. What you know doesn't mean shit.
     
  7. ampie

    ampie Newbie

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    And for noobs, I wish the payment threshold was something like $50. If you don't make $100 until your second month, you won't get paid until your 4th month of work! Sucks in the beginning.
     
  8. yeahright

    yeahright Registered Member

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    On most cpa networks if you can do 1k+ weekly then they'll pay weekly.
     
  9. hardhatmack

    hardhatmack Newbie

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    There are two reasons for the 2 months hold on the cash. First, is of course wanting to profit on interest.
    Second, is fraud related companies are holding the money to hold back scammers.... not sure how that works tho

    I used to get mad about Amazon for doing the 60 days delay but after you get stady sales each month its getting easier cos you get a check every month.
     
  10. Chronos

    Chronos Junior Member

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    I don't mind, I make my money legit anyway. I mean, I don't LIKE it, but at least it means you got money coming in anyway.

    The only thing that sucks is the initial 2 months.
     
  11. chocolatemonkey

    chocolatemonkey Junior Member

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    Exactly. The problem is, who's going to pay for the initial two month's expenses? That, my friends, is where problems arise.

    Terms, terms, terms...
     
  12. Chronos

    Chronos Junior Member

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    You know what sucks even worse? When a company claims to be net 60, but then doesn't pay you at all. That my friend, is even shittier.
     
  13. chocolatemonkey

    chocolatemonkey Junior Member

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    Well two wrongs don't make a right do they?

    I don't like settling for shitty service just so some bloated corporation can get an interest-free two month loan courtesy of my hard earned money. There's NO reason they can't pay biweekly. It does not take two weeks to check for fraud, especially when the advertisers accounts are prepaid - no RFT bullshit here...
     
  14. Chronos

    Chronos Junior Member

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    Actually, there is. A person could buy $25,000, $250,000 in a product through 'someone else' (themselves via id theft) and get commissions for the sale. Most companies have return policies of 30 or 60 days. So if someone got a whopping %50 commission per sale, then it would be rather easy for a person to buy stuff, get PAID the commissions, then return it. And the thing is, it would be perfectly legal.

    There was actually an individual contractor selling GE medical equipment or something, between 2-20 million dollars a pop, and telling doctors to buy machines, return it after 2 weeks, and the contractor would get them a part of the commission he received on the deal. They went to court because he bilked like 2.5 million of fraudulent leads, but how his contract worked he was allowed to do it so nothing ever happened to him.

    By making it net 60, companies can avoid that problem all togethor because most companies don't allow returns after 60 days.

    And if you're talking about CPA companies that don't carry physical product, well, most have an affiliate program that deals with acai, teeth whitening or something else that deals with a physical product, so instead of making ONLY those programs net 60, they make it all net 60.

    Plus, if you've ever taken a business class, it's key to delay your accounts payable for as long as possible, because it allows free cash flow for other operations. Not necessarily so they can 'make interest off of your money'.
     
    Last edited: May 21, 2010
  15. chocolatemonkey

    chocolatemonkey Junior Member

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    Except for the fact that I'm talking about companies that sell online advertising, not bulk orders of pool tables. Click fraud can be weeded out insanely quickly. No physical inventory here...