The Next Generation of Online Marketing — TNX.net
By Desty on Oct 21, 2007 in Online Marketing, SEO and Link Building
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Roughly a month ago, I discovered a new advertising broker where you can sell advertising on your web site and buy links to other’s web sites. TNX (located at TNX.net, not .com) is the next in the line of buy and sell links online advertising brokers, along the lines of Linkworth and TextLinkAds. I signed up with Desty Online, scanned the introduction and the requirements to go live, and ran into a brick wall. We’ll get into the brick wall later. Anyway, I decided to move on and come back later and see what I could do with it.
A few weeks pass and I see John Chow and CashQuests writing about TNX.net. Those two blogs are very well written, from an understanding and motivational standpoint, so I decided to go back and take a more detailed look into using TNX. Also, TNX had started some marketing on Digital Point, where they were giving away free points to forum members who would sign up and post their TNX ID#; I’ll go into the points later, but for right now you just need to know that when you sell advertising space on your site, you’re paid in points. It’s these same points that you use to buy links, so in essence, they were giving away 2000 points worth of money or free links.
Let me get into the Pros and Cons of TNX.net then I’ll let you know my experiences.
PRO
- Affiliate Program – As all good sales programs out there, there is an incentive to get others to join up per your recommendation. You get a flat 13.3% of the amount of points sold by your affiliates as long as they remain with the program. Even if you yourself never actually put the advertising on your site, if you have others join up under you, can you earn free money or links, which ever you choose to spend your points on.
- Point System — This is a strength as well as a weakness in my humble opinion. The Pro side of the point system is that those of us who love trading and whatnot, will start gaming the system. Supposedly, the conversion rate from point to cash will increase at roughly 2% per month for a set amount of time; this means that you’ll want to join up as soon as possible to start earning cheap points. I look at it as an opportunity to pay a cheap price and buy other’s points. Yes, you heard me (er, read) right, you buy trade points between users. Why would anyone want to buy points from TNX when they can buy them from you at a cheaper price; vise versa, why sell points back to TNX when someone else can give you more money per point than TNX is at the time. The system has the potential to become a new economy.
CON
- Point System — With the good comes the bad. People are used to getting paid cash from Linkworth or TextLinkAds. What’s with this point crap, they ask. Also, while a new economy could be created with this point system, right now TNX is still giving away points for free. In economics, this causes inflation, and the price of a point isn’t nearly as much as it would be if all these points weren’t floating around.
- Getting Your Site Live — This is currently the biggest problem with TNX. To get started, you have to put some generated code on your site. For normal wordpress bloggers, this is a huge headache! You have to download another plugin just to allow the code to work, otherwise you can’t even get wordpress to allow the code. My suggestion is to get everything put into a plugin, just like TextLinkAds, where you download the plugin, and activate it. Simple.
Where Are We at With TNX?
Where am I on TNX? I’m still trying to get the code to work. I downloaded the plugin that should have allowed the code to work, but it didn’t. To their credit, TNX had a link to BONTB where they go, step by step on how to get the code to workfor you. I followed the instructions and wordpress finally allowed the update. Problem was that it caused an error to appear on my actual page, so it was removed. BONTB offered to help anyone get through their problems; I’m going to take them up on that offer, when I have the time to take another crack at this.
TNX, blogging, make money online, sell advertising, buy links, TNX.net,
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Hey there i am the owner of bontb
anyways go ahead shoot me an email I will take care of your problem
Dear Sir
Your advices are really worth reading. I have been doing Online Advertising thru CJ.com and have hosted my website: http://www.srividy.com and have my blog : http://www.victor-travelworld.blogspot.com.
I have not been able to get clicks as well as revenue. I would appreciate if you could help me in this regard.
Regards
Venkatesh