... don't quit your day job
So, dflayfield, have you quit AdSense? If not, why not?
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europeforvisitors, you have hit the nail on the head. I have no recourse in this but to complain. There is no legal recourse..What am I going to do..report Google to the three major credit beuraus for paying their bills late?
There is no competition and Google knows this. Like CaryissoVery, AdSense has begun to offer me some freedom and I am grateful for that. But, whether you admit it or not Google is taking advantage of the small publisher. I pay for AdWords ads immediately and I get paid for the AdWords shown on my site as many as 75 days later.
The fact of the matter is that PPC is the direction the industry is going in. Google saw that and capitalized on it. Am I going to kiss their feet and pray to the Google gods like many publishers I see? No because this is a business arrangement and we both bring something to the table. Without the publishers they have nothing.
I have held up my end of the bargain. I may be forced to remain in the program for now but they are breeding no loyalty in me.
I'll stop complaining now...besides I have to go back to my job of waiting by the mailbox.
75 days wow! - anyone care to work put how much google make on the interest.
>>anyone care to work put how much google make on the interest
Could someone please translate this into a language spoken on this planet.
translation for "anyone care to work put how much google make on the interest"
my guess: anyone care to work out how much google makes on the interest?
|anyone care to work out how much google makes on the interest? |
It doesn't really matter. The interest that most businesses make on the time between money coming in and going out is inconsequential compared to the amounts they actually make in profit between the two (even after overheads).
To work out the interest you'd need to know:-
a) how much interest Google gets on its corporate bank account
b) the average time between money coming in from Adwords and going to a publisher
c) how much money they pay Adsense publishers in total
This amount would be inconsequential compared to the cut Google takes which is the difference in price between what the publisher gets and the advertiser pays.
hmmm... well if you really want an answer to the interest thing, rates are still so damn low unless you have a small fortune tied up you won't get much more than 1%.
So per $1,000, this would be about 83 cents a month. Sure it adds up in total for google, but as said by level80, comparing to revenues it is nothing.
For the individual publisher is it something to cry about? Not really. The thing to cry about is not being able to pay bills with earnings or whatever if you really are scraping for dough, not the interest loss.
But... if rates were as they were in the 80's, you would have more of an argument there.
<edit>I realize they are now late according to their specific terms (at least it is remedied now), but just for comparison, amazon.com pays 30 days after quarter end! So if you accept payment by check with them, you don't receive early quarter earnings for up to 125 days or so. Ouch, hey? Comparatively this doesnt seem so bad =p To make ends meet the amazon program can be quite frustrating!</edit>
[edited by: dkoller at 8:47 am (utc) on Feb. 8, 2004]
|they had to mail checks to all the publishers who hadn't reached the $100 |
Why did they do this anyway? Comparatively, most affiliate programs i've seen just carry the balance to the next year.
|Why did they do this anyway? Comparatively, most affiliate programs i've seen just carry the balance to the next year. |
Maybe they just wanted to clear the money off the books at the end of the year. (That's just a guess--I'm not an accountant!) I don't think many under-$100 accountholders will complain, though. :-)
I have a few accounts with Adsense. The check for my largest account arrived; I received the the email apology for the smaller accounts. It is not the order which I expected - definitely a pleasant surprise!
Let's stir things...
|There is no competition and Google knows this. Like CaryissoVery, AdSense has begun to offer me some freedom and I am grateful for that. But, whether you admit it or not Google is taking advantage of the small publisher. I pay for AdWords ads immediately and I get paid for the AdWords shown on my site as many as 75 days later. |
I'm happy with Google. Yes, I do get cheques every thirty days, more or less, and yes it's one of the main income in my website, but I have another three, so I can manage any delays from one or the other.
Also, I can't complain about the 30 days after month terms. I have 45 days after month terms in another program, and I have a month after quarter in another one. So why I'd complain about 30 days plus a few days while the cheque is in the mail?
Nope I don't complain, I'm happy with Google, but direct deposit would be a good idea. I just sit back, relax and wait for the Google cheque, because I know it'll come, I know the Sent Payment date is the official date of the data going to the payment processor, and I know I have other revenue sources to support me between cheques.
Check arrived in Sweden!
<added>Postmark: Feb 4</added>
However only for one out of three account that I have access to (no, they aren't all mine, but I do work for the owners).
All three accounts have the same "payment sent" date on the Payment History page.
[edited by: Nikke at 1:24 pm (utc) on Feb. 9, 2004]
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