Make money on mobile!

29 05 2007

What do you think of making money for getting SMS Ads, and that too ones that are relevant to you! At MobileTree (the parent company of YouMint) we’ve been working on this for a year now and we’ve brought together some experts from international markets who have experience of working with mobile operators across 59 countries and marketing to the youth market!

We’ve been tracking the developments on the Do-Not-Call registry in India for the last year, about the same time we started work on this concept. This register is being set up by government bodies and will help you ward off any unwanted SPAM SMSs and telemarketing calls(we all know how bugging they can be!!). This is all good news! This means that to reach you advertisers will need your permission!

But where’s the catch? Why would you be paid to receive Ads on your phone?

There is no catch! Given that there is a Do-Not-Call register being set-up, advertisers will need your permission to interact with you on SMS!! YouMint will be doing just that. We seek your permission to interact with you. In return we will be compensating you with cool promos and ofcourse, Money!

After extensive research across 14 countries, our research has shown that users are happy to receive TARGETTED promotions as long as they have something in it for them!

Now there are 2 ways of achieving that:

1) Pay the consumer to receive promotions!
2) Offer discounts and vouchers for stuff the consumer can really use depending on their interests!

YouMint has been designed to fulfil both those needs. We hope to have you well on your way to minting money!



How does it work?

28 05 2007

It is very simple. There are several ways you can make money on Youmint.

1) Introduce your friends and get paid when they join and when their friends join!

When you sign up at YouMint, you basically get an opportunity to introduce all your friends to this cool service, and get paid for it when they do sign up! And in turn when your friends sign up other friends you get paid again We will pay you Rs 0.50 each time a friend you referred signs up and Rs. 0.25 when your friend’s friend signs up.

YES! We actually pay you for getting friends signed up to this service!

So for example, if 20 of your friends sign up and then each of them sign up 20 friends each, you would be richer by 110 bucks straight away.( That’s (20 x 0.5) + (20 x 20 x 0.25)= 110)

2) Send Free SMS!

As a YouMint member, you can send Free SMS to your friends. You can send more Free SMSs to them if they are on YouMint as well! So go ahead and invite all your friends to YouMint so you can send them Free SMSs.

More Invites = More Free SMSs. The more people you have in your network the more Free SMSs you can send everyday.

3) Receive relevant SMS promos and receive money for each promo! Get paid for promos your friends and their friends receive as well!!

When you sign up with us, you will start receiving relevant promotional messages based on the number of messages you specify and the time you want to receive them. Each time you receive a message you will get paid for it! Whats more, you also get paid each time a referred friend and that friend’s friend gets a promotional message too.

Confused? OK, here’s how it works

- What you get each time you get a promo SMS – Rs 0.20
- What you get when a friend you referred get a promo – Rs 0.10
- What you get when a friend of the friend you referred gets a promo – Rs 0.05

So therefore, if you have lots of friends, who have a lot of friends, you could make a lot of money each time a promotion is done. Even if we send everyone 1 promo a day, you stand to earn Rs. 666 every month. OK, OK, here’s the math again

- What you make for receiving 1 promo a day for a month : 1 promo x 30 days x Rs.0.20 per promo = Rs 6
- What you make when a friend you referred gets a 1 promo a day for a month: 1 promo x 30 days x Rs.0.10 per promo x 20 friends = Rs 60
- What you make when a friend of a friend you referred gets 1 promo a day for a month : 1 promo x 30 days x Rs.0.05 per promo * 400 friends (assuming each of your twenty friends successfully referred 20 friends each)= Rs.600

So, Rs 6 + Rs 60+ Rs 600 adds up to a cool Rs 666!

So basically, you make enough to at least cover your mobile bill (and perhaps a coffee for us for coming up with this great idea!). If you are a poular person with lots of pals, you will make lots more. Else if you are the kind who walks around with the phone permanently attached to your ear, you better start making more friends so that you can cover that bill.



Some House Rules

28 05 2007

Everyone who signed up is pretty excited but looks like we need some House Rules, so here we are:

• Each referral has to be an individual subscriber, that is, if two of you referred a third person, the person who made the referral first bags it provided the person referred signs up. We will count each person just once in the YouMint community.
• You get paid when the friend you referred signs up, and not just for referring
• If messages dont reach you (coz your phone is off/not working/off coverage area), sorry mate, you wont get paid for that message

When do you get paid?: You need to stay on our service for the first 30 days to get paid. And you need to have a minimum of Rs 300 in your account for us to cut you a cheque. Your account will be assessed at the end of each calendar month and based on your balance we will send you payments.

How does the payment happen?: We will be happy to send you a cheque, but there is lots of good stuff we intend to make available on YouMint and you can use your currency here as well.

So, all you people who signed up, read these rules carefully and stand by for us to start sending you those promotions!