myLot – Make Money Starting Discussions & Giving Answers

mylot

If you’ve ever wanted to get paid for the time you spend dishing out quality advice to anonymous people on the internet, now’s your chance.

myLot is a online community that discusses a wide variety of topics. It’s structured very much like Yahoo Answers. You sign in, ask a question or take a look at the available questions and answer them. Interaction with other users is pretty lively, largely because myLOT will pay you to start or participate in any ongoing discussion. You’ll earn money every time an uploaded image of yours is viewed or when you reply to anyone’s questions.

Interesting isn’t it?

Here are a few details from the myLot FAQ:

How does this work?

We have implemented a system to give everyone who uses the internet the ability to make money. The idea is pretty simple – if you contribute to the myLot Community – whether it is by posting a new discussion, responding to a current discussion, commenting on a current discussion, or referring friends, you earn money. Our goal is to provide internet users a place to earn money using the web on a day to day basis and provide access to information they need. We pay each and every member of myLot based on their level of activity. As stated previously all you need to do is sign up for a myLot account and we do the rest.

How do I get Paid?

Get paid monthly with minimum account balance of $10 and carry forward of unpaid amounts. You have the option to increase your minimum payment to $25, $50 or $100. All payments will be in US dollars and made via PayPal, depending on the country you reside in. All users will be required to have a valid PayPal account.

GAYLA BAER REVIEW

Familiar with Yahoo Answers? MyLot is much like Yahoo Answers except it offers more opportunities for social networking. The site is very easy to use and the interface isn’t cluttered with ads.

How much do they pay?

Under a “test” account, I started 5 discussions and made around 5 replies to other people’s questions and earned 10 cents the next day. You basically earn through participating in discussions and your referrals (my referral link). I found the site to be pretty good, although some members of the community flash their referral links in always every post they reply. That’s just one of those things that’s kind of expected when you’re in a community where everyone’s aim is to make money online.

It took me approximately 10 minutes to earn 10 cents. I’m pretty sure I could have done it faster but I was taking my time and taking notes.

I wouldn’t recommend Mylot as the main source of online income, but it is an interesting and fun way to earn some money while getting answers to questions you have. Even the most mundane of questions earn money.

The community is friendly and you’ll probably make some new friends, which is awesome especially if you are looking to extend your personal network.

From an affiliate marketing standpoint, you can easily provide answers or ad value to the community in a way that helps label you as an expert and helps drive traffic to your websites or blogs where your earning potential can be much greater.

As an affiliate marketer, I understand the value of keeping some niche topics private. What I’m doing with myLot is creating profiles for my niches. I have 3. This allows me to become an “expert” at answering questions within my niche while keeping my “real” identity private. All you have to do is make sure you have a Paypal email account assigned to each account.

There are thousands of members on the site and some have claimed that they are making $1 to $3 per day.

I have been asked how to maximize myLot earnings. Over the next week, I’ll be conducting my own research and will present my findings here next week. Subscribe to our RSS feed so you don’t miss it. If you have anything to contribute – please share in the comments section below or drop me an email.

Check out Mylot and try it yourself and let us know what you think!

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2 Responses to “myLot – Make Money Starting Discussions & Giving Answers”

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  1. jeslin says:

    Hey. I have recently started mylotting and found it fun, just that the speed it generates money is abit slow. Lol. I really wish it could be faster though. You have any idea how? And it kinda takes up alot of time to stay active. Well thanks for you post, as it does help me understand more about mylot.com. =)

  2. Gayla says:

    Jeslin – MyLot is a slow going process. I’ve found it more beneficial for establishing and supporting credibility than as a money maker. It does take up time, but I like to incorporate my activity on this type of project with the days I focus more on social media and commenting activity.

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