MyLikes.com: The Holy Grail of Social Media Monetization
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Little Rock, AR
Little Rock, AR
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Liked by: 322 people
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Stephen Pickering - "Yes it is advertising, which is a chance to leverage your social media presences into real money, but it encourages authenticity, because if you are not authentic you know that the value of your influence, your legitimacy, will go down, thus your earning potential, not to mention the value of your reputation, which on social media networks is the most valuable thing you can have, will go down too.
It’s FUN. Even if there were no money involved, I would love this site. It’s fun to play with. Much in the same vein as GDGT.com, where geeks enjoy being social about their “gadgets,” this site encourages you to be social with EVERYTHING in your life that you “like” or maybe even love. It’s fun to play around with this site. They have contests, in which you can leverage your likes of things that you may not be able to sponsor. The whole site just feels like one big party. And its “non-guilty” fun, because it seems to be sprinkled, or maybe I should say “doused,” which ethical juice. There’s a special, ethical, Googley, feel to it, that one only seems to feel from engineer types, which I believe the founders of this company are. I know that they are ex-Googlers, and ex-Googlers just seem to have this ethical ambience driven in their DNA. It’s the same kind of ethical, transparency I feel from Leo Laporte and the guys who founded FriendFeed, who were also ex-Googlers.
It’s inclusive. Ad.ly, for instance only seems to be interested in the stars. I signed up with them months ago and haven’t even heard a peep from them. In contrast, one of the founders of Mylikes.com, Bindu Reddy, personally invited me to the service, thanked me for joining, answered all my questions personally, and this was after we had established an internet “relationship” pinging or having many “real” conversations about subjects we were both interested in. She’s real. Mylikes encourages the “little” guy to get involved. Sure they may only earn a buck here or there, but its fun even without the money. The money, though, as little as it may be at first, encourages the enthusiast to be even more socially active, if they are so inclined, and to even increase their social media reputation by enabling them to follow and add to the conversation of things they are really interested in.
In short Mylikes, enables people to leverage their own interests, which energizes their social media presence, encouraging them to be more active. And active in a way that provides more value to the network. In other words, it enables folks to monetize their integrity and reputation and the interest and energy they put into their social networks. To me this is nothing less than a perfect formula to increase of value of the network itself, and the individual who is participating in it, who, in essence, is the real value of the network.
I just wrote to someone on Twitter about Mylikes, “I think they have hit the sweet spot of monetizing one’s social media presence without sacrificing integrity.” But when I think about it, it’s really a way of monetizing one’s social media presence and increasing one’s integrity and reputation. To me that’s the ultimate synergy in the Social Media world.
It makes Advertising social. The ad unit has my own personal commentary about why I am endorsing and recommending the service or product. People who visit my site and see the ad can also “like” the ad, in a Digg sort of way, and they can also comment on the ad themselves, which brings the ad to life and makes it more warm and personal. Compare that to Adsense, where you don’t choose the ad, which itself might be distasteful to you, and which you’ve probably never even heard of, much less actually used and enjoyed the product.
You know what may be the most fascinating feature of Mylikes to me? Unlike Yelp, Twitter, Facebook, Foursquare, and all the hundreds of other Social Media sites, their monetization model is interested in you, the user’s monetization model. All last year people fascinated how would Twitter monetize, how would Facebook? Thousands of people spent countless hours trying to solve this puzzle for a company that they had no equity in! Fascinating. I did it too. I thought about it at nights, and when I thought I had a brilliant answer I would @ reply @ev my brilliant idea! Can you believe that? All these minds at work worried about how @ev, already a millionaire many times over would make money! Twitter and Facebook don’t give a hoot about you making money, but they do give a hoot about you creating content for their site. Sure you get the value of their network, but after time, that starts getting a little old. Mylikes is a Social Network that is interested in You benefiting monetarily from the efforts you put into, not only theirs, but the other social networks you are contributing to. That is the killer app to me. Energize the user base with something more than just “features.” Energize them with an actual monetary gain from the sincere efforts they put into it. Money is “life energy” as @DeepakChopra calls it. To actually “earn” it through providing value is not greed. It’s freedom. And that quest for freedom doesn’t cause people to do bad things. It encourages them to do good things and to add more value. Mylikes is building a platform that marries user activity on their Social Network with monetary reward along with fun. This is a huge paradigm shift in the world of advertising and the world of individuals and the particular talents they bring to the table. The paradigm of the internet is the empowering the voice of the individual. The other social networks are focused on the “masses” and how many “uniques” they can grow each month. They think little of the uniqueness of the particular individual. Mylikes is highlighting the individual, with the particular tool it is providing, and thus leveraging the strength and the core paradigm of the communications revolution itself, which is in the accentuating the value of the individual’s unique experience.
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muralidharin - "MyLikes - word-of-mouth advertising platform for the web
MyLikes is based on the simple principle that influencers (i.e. bloggers and tweeters) know their audience best. So we let the influencers pick advertisers and create Sponsored Likes for them. They get to showcase them along with regular likes/recommendations that their audience cares about. The Sponsored Likes are clearly marked as sponsored of course. Over the years, most users have developed a blind spot for ads. Sponsored Likes enables advertisers to reach a specific audience through the voices of Influencers who like their product and want to promote it to their audience.
MyLikes has a unique pricing model that incents influencers to be relevant to their audience, gain their trust and increase engagement. We do this by setting the influencer's cost-per-click based on a MyLikes Influence score. The influence score is initially calculated based on Twitter stats, but is later constantly adjusted based on the influencer's historical click through rates. The more users like a particular influencers' content, (sponsored or otherwise), the more they click on it, which in turn increases their Influence score and cost-per-click. By bringing an analytical perspective to this space we aim to make word-of-mouth advertising useful to consumers, influencers and advertiser
Our simple service model makes it easy to become an influencer or an advertiser in a matter of few minutes. - Check it out for yourself" (link to entry)
dian - "Promote MyLikes to your audience and get them to become influencers or advertisers. Influencers can make money on MyLikes by creating Sponsored Likes for stuff they like and Advertisers can use word of mouth marketing to promote their products and services
We were just introduced to a brand new website- mylikes.com. You can browse campaigns and post to your blog or via Twitter about products you like and would recommend anyways, and get paid! We have just become members and are testing it out to see how it works. So far it sounds like a great program. If you are a blogger and have any experience with mylikes we would love to hear from you" (link to entry)
Nicole Dean - "MyLikes allows you to choose items that you like, much like some of the other social networks, but it's not limited to web pages. You can "Like" a product or a blog or even your dishwasher. Then, MyLikes allows you to Tweet or post on your blog about certain products (of your choosing) and earn some cashola. While I'm not sold yet, I thought I'd test it to see just HOW honest I could be on here about it.. :) So far, so good... I'll keep you posted on my blog about results." (link to entry)
Buck Rogers - "I just heard about a brand new website- mylikes.com. You can browse campaigns and post to your blog or via Twitter about products and services you like and use and make a little bit of cash. I have just become a member and testing it out. So far I like what I see. I can create content and put my own spin on the ad. If you have already used the service I would love to hear your thoughts.
" (link to entry)
Comments
Brandy Tanner (brandyellen) - Happy you joined!
Mommies with Cents - "We were just introduced to a brand new website- mylikes.com. You can browse campaigns and post to your blog or via Twitter about products you like and would recommend anyways, and get paid!
We have just become members and are testing it out to see how it works. So far it sounds like a great program.
If you are a blogger and have any experience with mylikes we would love to hear from you!" (link to entry)
Angel - "We were just introduced to a brand new website- mylikes.com. You can browse campaigns and post to your blog or via Twitter about products you like and would recommend anyways, and get paid! We have just become members and are testing it out to see how it works. So far it sounds like a great program. If you are a blogger and have any experience with mylikes we would love to hear from you." (link to entry)
Christina Shaskus - "I just heard about a brand new website- mylikes.com. You can browse campaigns and post to your blog or via Twitter about products and services you like and use and make a little bit of cash. I have just become a member and testing it out. So far I like what I see. I can create content and put my own spin on the ad. If you have already used the service I would love to hear your thoughts." (link to entry)
Gary DeLaney - "Would Google AdSense give you $0.21 per click to start? Well, MyLikes does. Submit your likes today and get paid at least $0.21 per click you generate. The more likes you submit and the more clicks you generate, the more money per click you receive! I got 5 clicks on my first like, and I got a raise to $0.23 per click, not to mention the $1.05 I earned on those clicks." (link to entry)
Krister K Kongsmark - "MyLikes is the out-of beta (is that even grammaticaly correct? i don't think anything is rigth) Likeaholix. The purpose of MyLikes is to spread your interests to the rest of the world through a easy to use and user friendly system. I'm certain that anyone into social medias like Facebook and Twitter would find this interesting and fun.
Recommende :-3 " (link to entry)
Reyna Mein - "My Likes is a GREAT website where you can choose whatever you would like, well, to like! There are also advertisers where you can choose that you like them, and then spread the word on your blog or on Twitter and if they click on whoever you are advertising about and you will get paid! They also have great contests where you can win money!" (link to entry)
Jill - "Check out this Great New website.. mylikes.com. You can browse campaigns and post to your blog or via Twitter about products and services YOU recommend! You also make a $$. I have just become an Influencer and I can create my very own content on each ad. Are you familiar with mylikes.com? I would love to know your opinion on this site" (link to entry)
Saki - "If you're always in the know, and loves setting trends and spreading the word about great stuff, the MyLikes is for you! Aside from being socially connected to a lot of people from all over the world to influence your exquisite taste on, you actually get paid a lot, especially if your audience is big! Check it out and see for yourself." (link to entry)
Susansi , - "Check out this Great New website.. mylikes.com. You can browse campaigns and post to your blog or via Twitter about products and services YOU recommend! You also make a $$. I have just become an Influencer and I can create my very own content on each ad. Are you familiar with mylikes.com? I would love to know your opinion on this site" (link to entry)
Comments
Obewe Endurance (affiliatesmakemoney) - i want to know more about the grate offers.
facebook: ed.endure@gmail.com
Angie Sperry - "GREAT brand new website- mylikes.com. You can browse campaigns and post to your blog or via Twitter about products and services you like make yourself some cash. I have just become a member and am testing it out. I can create my very own content on the ad. I would love to know your opinion on this site." (link to entry)
Comments
Ainsley Jo Phillips (ainsleyjo1952) - So far, my opinion of this site is very favorable. It's giving me the chance to talk about quite a number of things that I think are great--everything from food and drink to places to go to good causes and then some. I've even written a Like about raccoons!
Miranda Kuskie - "I like MyLikes because this puts a unique twist on your standard twitter ads. This is a fun way to make a little extra money and because it's not your standard twitter ad you're able to opt in to what you want to promote and word it how YOU want.. you're not being told what to say." (link to entry)
Mezanul Haque - "Likeaholix rechristened as MyLikes is a great website! I was one of the early adapters of it and love it ever since :)
The added benefit that you get in this new version is the more likes you submit the more you get paid. The more clicks you generate the more money you make." (link to entry)
jose antonio gonzalez - "Join mylikes.com! It's like being your own ad agency! promote what you like and make some money. you can do what you want with the bread or donate it to charity. it's easy. after years of being a professional consumer i can easily rattle off products and services i dig!" (link to entry)
Vera Marie Badertscher - "My LIkes is new but based on Likeaholix that I enjoyed playing with. The difference is that I can now get paid for advertising products and services that I really like. Sounds good. But of course it is new, so come along with me and let's see how it works out." (link to entry)
Jeff Zaret - "Promote MyLikes to your audience and get them to become influencers or advertisers. Influencers can make money on MyLikes by creating Sponsored Likes for stuff they like and Advertisers can use word of mouth marketing to promote their products and services" (link to entry)
