I just finished a concept for an algorithm that will manage an incredibly fair payout system here at Bangari. It’s pretty wordy, but it has to be for SEO reasons. This post will summarize it’s benefits and what it means to us; Internet Content producers.
1 word = one credit
10 credits = one Bangari Buck
Authors exchange their Bangari Buck for real “PayPal money” once per month. If we have not received enough revenue to cash in all the Bangari Bucks, then everyone gets to cash in an equal percentage of their Bangari Bucks holdings.
*The content producers may also choose to cash in only 50% or none at all, so the others may receive a bigger payout.
Our content should be worth about ten cents a word. Imagine if it was? On a good day, I’m good for about as much content as Stephen King was in his hay-day: 2,500 words. If I could get $250 bucks a day for that, I would be a pretty happy camper, uh, writer. Wouldn’t you? Even three cents per word isn’t bad. It is at least a living wage -earned at home.
At Bangari Content Gallery, writers are paid a buck for every ten words. Is there a catch? Of course there is! The main “catch” is that you get paid for your word count in Bangari Bucks, not American Dollars. *Cue loser music* But wait! Here is why it is still a good deal:
Obviously, none of us can buy bananas with “Bangari Bucks.” So, we can trade those for real dollars as the content we collaboratively produce and post sells and collects passive revenue as it’s waiting to sell. You can even use our content to post on your own sites and collect affiliate revenue, additional AdSense revenue, and get yourself traffic and clients. You can even post it at the content farms to get whatever chicken scratch they’re offering. At least they are still a good store house of finely indexed content. The search robots will have all sorts of use for that as their artificial intelligence advances, even as the humans leave it behind as they lead the way to better, more interactive multimedia content, based on this mostly text content we created for the content farms.
The power of a “co-authored” site like Bangari or a user content generated site like the content farms, surpasses the power of a site like Factoidz, because we have a pay structure that will put more earnings in a content producer’s pocket, the kind of people who know that their efforts are worth much more than chicken scratch. And it allows them to own the rights to use these Raw Spun Articles, so everyone at Bangari can have access to RSA files from which spun out articles on many different topics can be generated for their use, at a ratio equal to what they contribute.
Think of the Bangari Buck you earn for every ten words of content you write, as a verification and an acknowledgement that your content is worth ten cents per word, even though it may take a few years to realize that value. As the content you collaborate on to produce, and even the stuff that you don’t, collects revenue, or sells, you and the rest of the Bangari Team gets to cash in a percentage of those Bangari Bucks in our content production pipeline, like I.O.U.s., for real dollars.
Bangari will be assigning projects to it’s new members who are interested in taking one on. As Sally managed Billy’s July Project, each one of those sets of keywords will become a project of it’s own, where we will be adding to the RSA files and creating new stuff from the updated files. I think I will be able to sell a lot of that content. Although, from now on I think we should keep our RSA files to ourselves, and only sell spun out content from them. This would be better from a quality standpoint. We’ll proof and edit each spun out version, before turning it over to be posted.
Now if you understand the concept of Bangari Bucks, let’s list the sources we are expecting real cash revenue from that will help buy back the Bangari Bucks that your word-count (or other content production work) earns:
Selling to Web sites. We did about $800 worth of content for a site that sells wall planners. Some content went directly on the site’s pages, and some made up a bank of resource articles. Resource articles are a great concept.
Selling resource articles. Resource articles are used to add content to a site on a regular basis. This content is also used in newsletters and for blogging. They are usually not promotional, and could be “off-topic.” A company that provides remote IT services can use resource articles about wi-fi in cars, or any other technology news and information.
Selling to Black Hat SEOers. -who can’t read the writing on the wall, and are still doing such obsolete things as social bookmarking. Maybe it still has merit, who knows. Who cares about their black hat methods, their money is green. They can buy all the spun out copy they want.
Selling The Best Spinner Robots. we get a good commission on these. We will have such a good sized group, comparing notes and talking about this automated spinner, that we will draw a lot of traffic interested in these robots, and many may purchase one even if they don’t join us. We will also become masters of this important technology.
WordAds. Passive revenue. Self explanatory.
AdWords. many of us get free offers to use AdWords. Mine are usually $75 worth for free. I’ve used them before. I’d like to experiment with the free stuff, just to see what it gets us for revenue and traffic and new content producers joining us. It might be worth paying for.
Niche Affiliates. Petal is managing a project right now that is the perfect example of niche content, and the niche affiliate revenue it can draw. It’s called the Ketubah Project. If you have never heard of a Ketubah, then you see what a niche this is. Especially when about a billion other people around the world know what it is, and a good percentage of them are in the market for one. This project is going to show off what the “data merge” feature of The Best Spinner can do to create an incredible amount of content practically at the touch of a button. I have many other “niche affiliate” projects lined up.
Amazon Affiliates. I recommend that everyone have their own Amazon affiliate account set up if they don’t already. For original product reviews done by a single author, that content producer will embed their own affiliate code and banner, within the body of their content (preferably top left) and collect their own commission on these individually produced pieces. Not everyone likes to collaborate, and some like to go solo once in a while, then return to tour with the band. I think doing product reviews, the right way, on a single product, with the author of the piece keeping all the revenue from the click-throughs and conversions at Amazon, i.e.; commission from sales referred by you, will be lucrative. Lot’s more on that to come. I am also considering the advantages to pooling resources with this revenue. When our co-op is fully formed, let’s discuss these options and come to a field of agreement.