Discussion Forum Chat Money

So you Don’t Want Your Conversation to be Waisted . .

Most bloggers realize that whenever they write on a forum they are creating content. Professional bloggers understand that their content, their thoughts, their writing is valuable.

A few discussion forums are beginning to recognize this value. They have recognized this value by sharing some of their revenue earned by the forum with the members of the forum that contribute the most.

MyLot is probably one of the first forums to do this. They have over 43,000 members and growing.

Their model is simple. The forum earns money from Adsense. The members write and discuss topics (any topics) back and forth. MyLot continues to refine complex algorithms that assign a contribution value for the discussions that are started and the comments that respond in the thread. They also gauge the value of tags and pictures that are uploaded and they have an excellent referral program. Your referrals will earn you a percentage of their earnings.

If someone you refer makes a dollar, you earn 25 cents. They pay via PayPal.

If you would like to try MyLot its free to join and no tracking software required.

Promotional Benefits of Paid to Talk Forums

You can earn more money blogging than you can in a Paid to talk forum. However, there is absolutely no reason why you cannot do both and make it work to your advantage!

You can use the forum to field topics that you can then write up in your blog, copying your discussion and comments and re-editing it to polish up an article.

Here are some of the other benefits:

1. Great for getting paid to brainstorm ideas
2. Great for finding topics of conversation and multiple perspectives
3. You can do interviews of people for your blog!
4. You can even use the discussion like a poll with extra deep information.

Here’s my strategy. I show up to MyLot once or twice a day and have a few quick conversations. I get some new ideas and often get past writers block. I get paid for that and I sometimes promote my articles and websites there too!

Its a very good community atmosphere and very useful at the same time!