Agloco - AllAdvantage - Who, What, Where?

Status
Not open for further replies.
fuck, I'm going to hijack this thread and you can all flame me later for it, I don't give a shit.

Instead of praising Agloco for giving us all magical, yet gay, unicorns to keep chained up to the tree in our front yard so all our neighbors see and want one too (I know, let's scan checks and post them on our blogs!), let's call this for what it is.

I'm sure that Agloco is going to be a great application. But seriously, what's with the hype? There were once over 30 "magic ad bar" companies with similar models and none of them survived.

Why?

Shitty traffic. Advertisers caught on and stopped buying ads.

Sure, Agloco is doing PPC searches and CPA banners blah blah blah...

ePipo, ePilot (wayback them, they were a whole different company), and Utopia ads all did the same thing. PPC was eventually shut off because the advertisers (yup they're there too) weren't getting the conversions so they canceled the campaigns with the search engines. Sure we have a whole new level of arbitrage now, but if all your seeing are 4 levels worth of arbi sites, then eventually users will stop using the search feature.

CPA - payback shopping sites - these are starting to die off because of too many returned products and decreasing ROI. Anyone remember the scene from 1997-2000 with Stockback, NestEggz, WebMiles, etc? Those companies either changed their models or died off. We do have some good ones, card based services, like Upromise and Club Mom that are doing quite well because of all the offline business they bring.

This business model has failed so many times over, and it will again. Agloco was nothing until TechCrunch covered them, now everyone is treating them like their da shit! But why? Because TC wrote a blog post about them? Is that how this whole launching a web business works?

Seriously, does anyone see any long term gain out of this?

Or a better question suited for this forum: Who plans on buying traffic or ads from them?
 


I like your thoughts and trust me when I say I welcome all things about Agloco good and bad statements is what makes me learn about them and inform people about my findings on my blog.

Yes I'm currently a fan of them but not because TC wrote an article, I actually hated the article they wrote about them but do you really think that any program has solid long term goals.

Yeah sure the standard Affiliate Programs might have a few because your selling products that need to be sold, the one thing that I like about Agloco is that its free and it's easy to talk about on my blog, people like hearing about them and I don't always tell people what they want to hear, I give them the facts that I know and let them decide if they want to sign up.

I do this because I don't need to waste my time on people who won't refer people and I won't waste my time on people who are hard to convert but AllAdvantage did stay afloat for 2 years with their shit business model and yes the Agloco model is much much better so even if they stay online for 3 years your still making money.

I would hate to see someone rely only on one program, and again Agloco is free and everything I make is basically profit other then a few minor expenses here and there, but I'll be doing something I'm sure most users wont and thats watching the stock market and being a broker trying to predict where the company is going.

The second I feel like its going down I'll cash out, its a simple investment of my time nothing more so if it lasts 2 or 3 years then hey even if I make $500 bucks per month thats $500 more I could be putting into my other programs.
 
Agloco Hype said:
I like your thoughts and trust me when I say I welcome all things about Agloco good and bad statements is what makes me learn about them and inform people about my findings on my blog.
Click to expand...

Dude you've been smoking too much pixie dust. :rasta: Your unicorn is in the mail.

If you do put the good and the bad (can you point me to a bad post?) on your blog like you say you do, then good for you. :bowdown:

Agloco Hype said:
Yes I'm currently a fan of them but not because TC wrote an article, I actually hated the article they wrote about them but do you really think that any program has solid long term goals.
Click to expand...

No I don't think Google, Ebay, Yahoo, MSN, Amazon, etc. have solid long term goals. You are correct sir. :xomunch:

Agloco Hype said:
Yeah sure the standard Affiliate Programs might have a few because your selling products that need to be sold, the one thing that I like about Agloco is that its free and it's easy to talk about on my blog, people like hearing about them and I don't always tell people what they want to hear, I give them the facts that I know and let them decide if they want to sign up.
Click to expand...

So, you are selling an intangible product? Dude, I can sell farts in a can if I wanted and probably still make money. :fart:I'm not dissing on you for selling it, I'm dissing on the original Stanford guys who are probably going to successfully ride this out for a year and then be able to retire. It's like that Alex kid and his second million dollar homepage.

I can see them at their Web 1.0 Mountain View condo pool:
Stanford Kid 1: "Man, we were pimps during AllAdvantage. We should do it again!"
Stanford Kid 2:"Totally Dude!"
Stanford Kid 3:"Let's make a page, and build the service later!"
Stanford Kid 4:"Bro, that's hot. I already built the page."
All 4 in Unison: "BETA!" (high fives and fist bumps are passed around)

"Quick, to the batmobile!" Na na na na na na! :batman:

Agloco Hype said:
I do this because I don't need to waste my time on people who won't refer people and I won't waste my time on people who are hard to convert but AllAdvantage did stay afloat for 2 years with their shit business model and yes the Agloco model is much much better so even if they stay online for 3 years your still making money.
Click to expand...

Um, do you know what forum you are logged into? Jon has a t-shirt that can help remind you. Wear it backwards if you want to be reminded of better places to not waste your time.

Agloco Hype said:
I would hate to see someone rely only on one program, and again Agloco is free and everything I make is basically profit other then a few minor expenses here and there, but I'll be doing something I'm sure most users wont and thats watching the stock market and being a broker trying to predict where the company is going.
Click to expand...

You're absolutely right, relying on one program is absolutely idiotic. But if you'd hate to see it, then why have a moniker of one program? It's like if I named myself "Clickbank_Squatter" or something. HydraAglocoogleCJbankWeeklyCopeazon would have been a cooler name.

Second, In order to have stock to buy and sell, a company needs to be listed on some (domestic preferably) stock exchange. Agloco is far from that since they don't even have financials they can present to the SEC. And, the SEC is very wary about approving IPOs for dotcoms with short history. They don't want to be responsible for another bust.

Agloco Hype said:
The second I feel like its going down I'll cash out, its a simple investment of my time nothing more so if it lasts 2 or 3 years then hey even if I make $500 bucks per month thats $500 more I could be putting into my other programs.
Click to expand...


I think the shares that they talk about are "private shares". And most likely will not be for sale unless you have a large amount, and even then you'll need approval from the management company board of directors. They'll most likely tell you those shares have no cash value at the moment, but represent the percentage of ownership should anyone offer to actually buy out the company or, less likely, an IPO occurs. Mostly, those shares are a representation of what percentage of the previous months profits you are entitled to. They still won't have cash value for quite some time. Only way to cash out is to forfeit them back to the company, or die, which would mean they are forfeited anyway. And I'd seriously doubt that you'd put the extra money in "other" programs. You'll most likely catch the hype of actually getting a check and reinvest it into promoting the program so you can get bigger checks.

I'm telling you straight up, this will probably make a lot of people money. But it will not last. Some like short term gain and will jump from program to program to program. Many members of WF are Agloco members I'm sure because they are ADD junkies and they thrive on short term (look up arbitrage). There's also others who'd prefer to build up long term value in a property or program or niche that is guaranteed to be around for a while. Those people don't want to find themselves sitting around a pool in 5 years reliving the "good ol days" and retrying to make a failure successful. They would rather be earning 10 to 100x more in 5 years what they earn today.

And finally, beg and plead with a modfather to change your username. Would you still want to be known as "AllAdvantage_Pro" 5 years after its VC funds ran dry and it crapped out? Think in 5 years if this effort to build a personal brand as an Agloco guru will bring any kind of payout. If you choose to keep the name, I can admire that, but get ready to look like an assclown down the road. Of course I did think of using "Enron Lives" for my moniker on another forum, so whatev.
 
  • Like
Reactions: Mike
AllAdvantage fucked a lot of people. I'll just say this: if you promote them you will and deserve to get fucked. The owners are scammers who have held off long enough to avoid MAJOR heat from people they owe money to. They will fuck people and take off with millions.

User beware.
 
Holy shit, now this is some of the information worth hearing, thanks for all of the information I can now see how they have fucked people by running off when they make a few million for themselves.

About the whole stock exchange thing, I'm pretty sure that its not going to be private, it says on the company home page that they are going to go public on the london stock exchange but I'll have to keep a sharp eye on this one as well because it would suck to trade useless fucking private stock.

As for the user name I'll keep it for now because it's the name of my blog, plus its easy to find on Google and I'm not going to stop building my network but I am going to be a bit more causious in this particular endevor and keep an eye on things and run just before they run or at least try too.

But yes I'm not going to make Agloco my number one focus when making money online, I've got more programs on the go that I'm still getting a few pre-made blogs up and then I'll launch almost at the same time.

But I thank everyone for this additional information its great.
 
Brian why would I get banned for talking about an affiliate program on an affiliate forum, well ok its more of an MLM program but is post is no different then any other that you can find on the forums here.

I'm not advertising and I'm not telling people to sign up under me I'm simply getting a discussion going about Agloco and AllAdvantage so whats the big deal just because I'm new to the forums I can't start a discussion about something.

P.S. After only 12 days of being online I've got my blog recognized by the Agloco Company Blog and nice picture that was uploaded haha.
 
Agloco Hype said:
I like your thoughts and trust me when I say I welcome all things about Agloco good and bad statements is what makes me learn about them and inform people about my findings on my blog.
Click to expand...
I dont know wtf agloco is buy you need to get a pair of testicles and stop talking like a cock smuggling puss.
 
TADA!

Here's a long overdue update to this thread. Some reputable names offer their thoughts on the Agloco MLM scheme:

Shawn Collins:
"! have been getting a steady stream of spam e-mails from people promoting the AGLOCO multi-level (not affiliate!) marketing program, and it's getting worse. Not only is the spam from these AGLOCOians incredibly annoying, but it's based on a big BS story perpetuated by AGLOCO themselves.

One recent e-mail I received from an AGLOCO rep had this subject: BILL GATES!! HE'S HELPING START THIS!! YA BETTER GET ON BOARD WHILE IT'S STILL NEW!!..."
Click to expand...
Shoemoney:
"There is a new company spamming getting around the web called Agloco. Lets go back in time a bit first to the original company that went bust doing the exact same system - AllAdvantage. AllAdvantage raised 200 million in VC in 1999 and started the first “get paid to surf the internet” program. Basically you install a toolbar and get paid as they collect your userdata and also throw ads at you. The problem is really you only make a few cents a day… however… the people who were on the first tier and refered friends who refered friends who referred friends who referred friends could actually make a ton of cash. Its like the ultimate pyramid scam (yes its technically not a pyrimid scam because you are not paying money however you are paying with your data/information)."
Click to expand...
And some truly awesomeness:

Kumiko:
"It's Multi Level Marketing at it's worst!! Whenever MLM receives bad reviews, a handful of people come out and claim that they've made fortunes from it. And I'm sure they have. The structure of MLM dictates that those lucky few at the top of the pyramid (scheme) should receive a large portion of any earnings. BUT, unless you are at the top of the pyramid, you can pretty much guarantee that your earnings will be next to nothing."
Click to expand...
And Kumiko also adds:

"Don't believe the hype! Supporters also claim that AGLOCO is a solid venture as the team behind it includes a whopping eight Stanford MBA holders. Do you know who Kenneth Lay was? He's not involved in AGLOCO as he was the CEO of Enron and was indicted by a grand jury on 11 counts of securities fraud and related charges - and he was also the Stanford Business School Alumni Association's Houston Business Man of the Year. I am not saying anything negative against Stanford MBA holders - just that having an MBA does not automatically lend surefire 100% credibility to the programs."
Click to expand...

I don't really have anything else to add to the conversation because I've already said my piece. I'm just hoping to bring awareness to the issue so that WFers don't spend their marketing dollars trying to sell this shit. Spend it on some PPC ads or Newsletter ads for niche products if you truly want to see an ROI.
 
Great response Roadies!

Personally, I don't give a shit how much they pay, I'm not going to knowingly install spyware on my machine. I've experienced identity theft once before and that's a royal pain I'm not willing to repeat. Also, WHY would you want to give someone complete access to your surfing habits? So, they can better track you and send you more targetted spam?

Hey, I've got a toolbar you can install on your machine that will report all your surfing habits back to me. Hell, I'll even pay you if you convince all your friends and family to sign up too. That information is invaluable and what Agloco is paying is a pittance compared to what they probably make spamming emails and targetting ads to you.

People == Sheep willing to doing anything for an easy buck
 
SEO_Mike said:
Great response Roadies!

Personally, I don't give a shit how much they pay, I'm not going to knowingly install spyware on my machine. I've experienced identity theft once before and that's a royal pain I'm not willing to repeat. Also, WHY would you want to give someone complete access to your surfing habits? So, they can better track you and send you more targetted spam?

Hey, I've got a toolbar you can install on your machine that will report all your surfing habits back to me. Hell, I'll even pay you if you convince all your friends and family to sign up too. That information is invaluable and what Agloco is paying is a pittance compared to what they probably make spamming emails and targetting ads to you.

People == Sheep willing to doing anything for an easy buck
Click to expand...

True. Mike. True.

And it's not so much the user data that bothers me. It's the userdata that is tied to your name, email address, address, spending habits, age, hobbies, browsing habits, search queries, household income, etc. If you have to login to it, chances are you're paying a lot more than you think.

Where Agloco will truly make money is by taking your data (because peoples are going to enter CORRECT data so they can be sure to be PAID later) and selling it to other companies who need it to append bad data. You know that drawing you entered, but you purposefully gave them a bad email address so they wouldn't spam you. Guess what. They're going to spam you now.

(For those who don't know, a data append is when someone takes two records from two sources and fills in the blanks. For example: Data Set A has my name and address, but false email and phone. Data Set B has name, phone and email, but false address. Append those together, and now both data sets have accurate information.)

Baa. Baa.
 
I'm all for multi-level marketing; just make sure you are the owner or you are wasting your time.
 
Status
Not open for further replies.
Top Bottom