If you haven't see the main Neobux guide, here you have the link "coyote's guide to make money on neobux"
Introduction
Rented referrals (abbreviated RR) are the main passive source of income on Neobux, and they are the main source of headaches too. There are only 2 sources of costs on Neobux. They are the membership and RRs (being the later the biggest source of costs)As explained on the main Neobux guide, RRs produce incomes only with their creditable clicks (creditable clicks are orange, standard and extended ads). Since most RRs are standard users it's safe to asume that most of them will not do more than 4 clicks per day. If all RRs made 4 clicks per day we'd get rich in no time. But sadly, that just doesn't happen.
The crude reality is that most RRs are crap. They are likely to be users who arrived at Neobux with inflated expectations thanks to those "win $50 a day" and stuff like that. It's possible to get that amount, but it's not as simple as they say it is (not without investing, at least)
My opinion is that most bad RRs on Neobux are directly cause by those videos and their false promises. That's why I've honesty as my flag. So If you register (I'd prefer you did so as my RDs, but I can't force you to) you'll do it with reasonable expectations and you won't quit after a short time.
Of course, the videos are not the only cause. Lack of time, boredom, bad memory and accidents are plausible causes for our RRs not to click as they should. Learning to recognize which RR is good and which is bad is an essential task to make a profit with RRs.
Basic concepts
Here you have some basic concepts you should know before beginning with the guide
- AVG: Contraption of the word "Average". It's the amount of clicks averagely made per day by an referral, or the amount of clicks averagely done by each referral in a single day (depending on which AVG you are looking at)
- BEP: Acronym of the phrase "Break Even Point". In some countries it's known as Equilibrium Point. It's the point where your profit is cero. You don't either win nor lose. BEP is usually calculated as an AVG so it's easier to know when you win or lose.
There are 2 ways of calculating BEP as AVG. The most complete one is this on:
complete BEP
A simplified way that you can choose if you are a standard member and if you decide not to consider recycling costs is this one:
simple BEP
- Renewing and recycling: These are 2 of the basic operations on RR managing. Renewing increases the duration of an RR's contract and recycling changes an RR by another that will keep his predecessor's contract's remaining time.
When recycling you'll receive a new RR, which can be better or worse than that one that just left - Autorenew: Autorenewing is a mechanism which allows you to renewing by any period any RR that has a duration shorter than whatever you stablish. It has no economic advantage. It's just a tool so you won't forget about renewing your RRs
- Autopay: Autopay is a complementary method or renewing and can't replace it unless you have perfect RRs.
When autopay is enabled, any referral that has at least 20 days left on his contract will get his contract extended by 1 day with the first click he makes each day. For that extension you are charged $0.0057 (or more if you are on a higher costs scale).
Autopay has a 15% discount, so it's convenient to use it only when you are renewing to 60 days or less (because their discounts are lower than 15%) - Autorecycle: Neobux offers a free, automatic recycling for those RR who spent 14 complete and consecutive days without activity. Of course, this means you have to keep that inactive RR for 14 days that you already paid for, which may not always be the best option.
RR classifying
I like classifying my RRs in 5 kinds; Good, Bad, Toxic, Perfect and Regular. The included images come from my managing program, CoAzManager. (The page is only in spanish for the moment, but you can read the english forum post).http://coyoteazul-soft.blogspot.com.ar/p/coazmanager.html
https://www.neobux.com/forum/?/7/559812/CoAzManager
Click on the images to enlarge them.
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Good: These are RRs who have been a long time with you (for me, that's a month) and yet they keep a good AVG. They may fail to click some days, but they always come back.
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Bad: These RRs have never made a click, or they used to be any other kind of RRs but they stopped clicking.
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Toxic: The worst kind there is. These RRs stop clicking for several days at a time, but they don't stop clicking long enough for them to be autorecycled. They make you waste the days you spent waiting for them to be autorecycled. The qualificator from CoAzManager does its best to recognize them and give them a high qualification.
Maybe they are people who only click on the weekends, or maybe they are dedicated to MJs and they only click every now and then to prevent their account from being suspended. It doesn't matter which is the case, getting rid of them is a priority. - Perfect: Perfect RRs are the ones who never fail to make their click. They are extremely rare and I have none to show you (they are easy to recognize anyways).
- Regular: Regular is a category where you throw whatever doesn't fit on the rest of the categories, so there's no parameter to define them and I don't think there's need to give an example of one of them.
RR Managing
And now, the reason why you came to this page. RR managing is a complicated matter because a strategy that works for you may not work for someone else. Which is why RR managing is more an exercise of experience than a certain science.If won't give you rules like "recycle if it doesn't click for 4 days" or "rent 50RR per week" like basic guides do, because I know those rules do no work.
You have to analize your current situation and take a decision on based on that. The guide I'll propose is not a series of steps, but a description of how to manage each part of your managing job so you'll apply your own judgment and take the final decision.
RR managing has 3 parts: Rent, renewal and recycling
Rent
Renting is not the most important part of RR managing, but is the part where newbies concentrate the most because it gives a feeling of progress. Keep in mind that the objective is making money, not hoarding RRs.
You could say RRs are like a house of cards. If you just stack your cards vertically one over the other your house of cards will grow up very quickly, but it will fall down just as quickly because it has no base to support it. On Neobux, growing slowly is much less of a tragedy than having your house of cards falling down.
When should I rent?
There are 2 ways to judge whether you should rent or not.
- Simple way: Grab your calculator. Consider how much will you spend on the new RR's renting, and how much their 1st renewal to a long period will cost. If you can pay that right now, then you can rent.
Example renting 100RRs and renewing to 240 days. On 1st costs scale: Renting cost = 100 x $0.2 = $20; Renwing cost = 100 x $1.12 = $112. Total cost = $132.
The reason why you should consider the cost of their 1st renewal is because no RR can pay for it's 1st renewal to a long period using just the 30 initial days Neobux gives when you first rent them. You need to cover that 1st renewal with other sources, like MJs, your own clicks, or other RRs which are already renewed. - Complex way: This way is more complicated, but also much more precise. Grab a calculation sheet. You'll have to estimate your future balances, day bay day, considering all incomes and expenses (I recommend estimating with an AVG a bit lower of what you really expect, just for security). If the rent doesn't cause a negative balance at any point, and if the balance grows quicker with the rent than without it, then you can rent.
Of course, doing this can be rather complicated if you don't know your way around with calculation sheets. There are a few tools that you can use instead. Neobux has a projection center, though it doesn't have an option to consider the cost produced by recycling strategies. CoAzManager includes a projector too, which considers everything you can think of (except deposits and withdraws. I'll include those some day)
Neobux's prices depend on how many RRs you own. If you own 250RRs or less, you are on the 1st scale. If you own 251RRs you are on the 2nd scale, so renting and renewing gets more expensive. There are 8 scales and each of them increases the renting price $0.01 compared to the previous scale.
When you change scales, the new prices apply to all of your RRs, not just the ones you just rented.
A very common newbie mistake is to rent all the way up to the limit of the standards RRs capacity (300RRs). That increases their costs and reduces their profit because those 50 extra RRs don't compensate the cost's increase.
Renewal
This is the main way to give a strong base to your house of cards. Each renewal period has a discount percentage, which get bigger the longer the period you renew to. The bigger discount, the lower the cost and thus, bigger the profit (we like profit). However longer periods have high prices, so it will take you longer to gather the money to pay for it.It's a fight between speed and security. Shorter periods allow you to rent faster, but you'll need a higher AVG to prevent loses. While longer periods force you to rent slowly, but they don't require an AVG as high to prevent loses.
However, don't forget that our final objective is to get profit. Sooner or later you'll have to renew on the 240 days period.
Renewal prices are based on the renting price. This means that when you change costs scales, renewal prices will rise as well. Also, some account types have discounts on the renewal prices, so knowing how much you'll have to pay before actually getting in each situation can get a bit complicated. The table on the side detail all renewal prices for all kinds of accounts. Click it to enlarge it
Every deck of cards wears out after a while. Some cards get bent on the corners, some have damp spots, some even have missing pieces. Same thing happens to RRs. They get tired and abandon you, or click sporadically for personal reasons.
When that happens to your cards, the only solution is to buy a whole new deck, which implies getting rid of good cards too. With RRs you can recycle the bad ones instead to get new ones and keep the good RRs.
The new RRs you'll get with recycling may be better or worse than the one you recycled, it's entirely up to luck and you can't decide which RR you are going to receive. This means that the best use you can make of recycling is getting rid of your worse RRs and hope the new one will be better.
To decide which of your RRs are the worse, just use the classification I gave you earlier.
Of course, this is easy to do when you have a few RRs. What happens then you have hundreds of RRs?
How do I decide who to recycle with so many RRs?
My solution to this problem was the qualificator included in CoAzManager. I tried my best to give high qualifications to toxic RRs so you can identify them sooner. Of course, it's not perfect. Instead of blindingly recycling those with the worse qualification you should just look at the ones with the worse qualification and decide by your own judgment who you'll recycle.
Should I recycle all my worse RRs?
Definitively no! Don't forget recycling has a cost and recycling excessively can cost more than the AVG increase you MAY (or may not) get from it. To prevent overrecycling you should stablish a max daily percentage and never recycle more than that. Use that percentage to get rid of your worse RRs and leave the rest to autorecycling (which is why I focus on getting rid of toxic RRs first).
I've done experiments with 1 and 2%. The later worked better than the earlier, but you know, strategies don't work the same for everyone. You'll have to try and see what works better for you.
I strongly recommend not to do any manual recycling if you have less than 50RRs. It's easy to overrecycle when you have few RRs.
This concludes coyote's guide for managing RRs on Neobux.
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I wish you a nice day and good earnings. Cheers!
