Before I jump into the explanations, familiarize yourself with the cost of renting through Neobux, as these costs are in someway related to the AutoPay and AutoRenew discounts:
|Number of RRs||30-Day Cost|
|0 -> 250||$0.2000|
|251 -> 500||$0.2100|
|501 -> 750||$0.2200|
|751 -> 1000||$0.2300|
|1001 -> 1250||$0.2400|
|1251 -> 1500||$0.2500|
|1501 -> 1750||$0.2600|
|more than 1750||$0.2700|
AutoPay is the most complex of the 3 costs, so we’ll start here. Every day that one of you rented referrals clicks on an ad, you pay an AutoPay fee – which extends the rental period of that referral by one day. The cost of that day’s extension is discounted by 15%.
For example, consulting the table above, if you had 550 rented referrals – your 30 day rental cost on each referral would be $0.22. (550 falls between the 501 and 750 limits). If AutoPay is switched on, you will be charged $0.22/30 less 15% ($0.0062) for each rented referral that clicks on at least 1 advertisement. This will extend their rental period by 1 day. This cost is decremented from your rental balance.
The following table is much like the one above, but shows corresponding AutoPay costs to number of referrals – which is a flat 15% regardless of how many RRs you have.
|Number of Referrals||30-Day Cost||AutoPay Cost|
|0 -> 250||$0.2000||$0.0057|
|251 -> 500||$0.2100||$0.0060|
|501 -> 750||$0.2200||$0.0062|
|751 -> 1000||$0.2300||$0.0065|
|1001 -> 1250||$0.2400||$0.0068|
|1251 -> 1500||$0.2500||$0.0071|
|1501 -> 1750||$0.2600||$0.0074|
|more than 1750||$0.2700||$0.0077|
Turning AutoPay On/Off
It’s very easy to switch AutoPay on and off. Login to your Neobux account and click on the rented referral icon at the top right of your dashboard:
Simply click on AutoPay in the rented referral screen to turn off, click again to turn on:
Should I Enable or Disable AutoPay?
Different people have different opinions on this. If you remember, AutoPay attracts a 15% discount. When we look at AutoRenew, we will see discounts up to 30%. Based on this, many people suggest turning AutoPay off and AutoRenew on for at least 90 days, where the AutoRenew discount becomes bigger than the AutoPay discount. I disagree.
Until the point I am happy with the number of rented referrals I have, and they are all set to AutoRenew at 240 days, I will keep AutoPay on. I currently have AutoRenew set at 150 days (a 25% discount), so why have AutoPay turned on at a lower 15% discount? Well, the nice thing about AutoPay is that it helps smooth out when renewal payments are due. Let’s look at the following graph from my Neobux dashboard to explain:
I just rented 55 referrals through the express queue – that’s the big spike you see in the graph above. What happens if I turn AutoPay off? All 55 RRs will renew at the exact same time, which at $0.79 each, comes out to $43.45! What happens if I don’t have at least $43.45 in my rental balance (or secondarily in my main balance) – I lose referrals!
AutoPay helps smooth out renewal payments because it only extends rental periods if that RR clicks at least one ad. Not every RR is going to click the same day, thus not every RR will be extended each day – so you get a staggering effect which helps break up the points when the next renewal payment is due.
Now look to the left of that spike. There’s still a couple of days where I will need to make sure I have enough funds to cover the renewals on 20 or so referrals, but nowhere close to 55. This to me, is the main benefit of AutoPay.
Furthermore, the affect on my break-even point is relatively minimal. Suppose 40% of my RRs click at least one ad, I have AutoPay turned on and AutoRenew at 150 days – my break even point is 0.538. With AutoPay turned off, it is 0.5. My break even point is lower if I turn AutoPay off because the discount on 150 days AutoRenew is higher than the AutoPay discount – so I would assume the higher discount on all referrals.
However, the risk of losing referrals through insufficient funds is much higher with AutoPay turned off, as such my AutoPay setting is staying enabled!
We touched a little on AutoRenew above. As AutoPay, it is a discounted cost in relation to the renewal of your rented referrals. However, it is not a daily cost like AutoPay – the cost is charged up front based on a chosen number of renewal days – 15, 30, 60, 90, 150 and 240. The longer you renew for, the higher the discount to renew per referral:
|15 days||30 days||60 days||90 days||150 days||240 days|
You also have the option of choosing how many days before the RR expires to apply the AutoRenew payment. You can choose between 3, 5, 7, 10, 15, 20, 25 and 30 days before expiration. There is no cost advantage to choosing to renew at a greater number of days before the RR expires, so I have this set to 3 days.
Turning AutoRenew On/Off
You access AutoRenew settings in the same place as AutoPay settings, again clicking on it to enable or disable. When you enable, you have the options of setting the AutoRenew length of time, as well as how many days before the expiration of a RR the renewal should be made:
Planning for AutoRenew Costs
It’s very easy to just set this to 240 days because you want the biggest discount on your rented referrals, but bear in mind the costs for extending the rental period of a referral:
|Number of RRs||15 Days||30 days||60 days||90 days||150 days||240 days|
|0 -> 250||$0.1000||$0.1900||$0.3600||$0.4920||$0.7500||$1.1200|
|251 -> 500||$0.1050||$0.1995||$0.3780||$0.5166||$0.7875||$1.1760|
|501 -> 750||$0.1100||$0.2090||$0.3960||$0.5412||$0.8250||$1.2320|
|751 -> 1000||$0.1150||$0.2185||$0.4140||$0.5658||$0.8625||$1.2880|
|1001 -> 1250||$0.1200||$0.2280||$0.4320||$0.5904||$0.9000||$1.3440|
|1251 -> 1500||$0.1250||$0.2375||$0.4500||$0.6150||$0.9375||$1.4000|
|1501 -> 1750||$0.1300||$0.2470||$0.4680||$0.6396||$0.9750||$1.4560|
|more than 1750||$0.1350||$0.2565||$0.4860||$0.6642||$1.0125||$1.5120|
So, if I am new to Neobux, and I rent my first 50 referrals (at a cost of $10) with the intent of renewing at 240 days – I would need $56 (50 x 1.12) in my rental or main balance to cover the extensions!
It is not realistic to expect a $10 investment to grow to over $50 in a 30 day period – however, many Neobux users make this mistake, and set their AutoRenew period at an unrealistic point based on their profit points. If you do not have sufficient funds in your account, you lose the referrals.
If you are planning to AutoRenew at anything above 30 days, make sure you have enough funds to cover the upcoming costs. It is very easy to see when your payments are due based on the bottom graph in your statistics page, which shows you how many referrals are up for renewal in how many days:
My AutoRenew Settings
Currently I am trying to get all my RRs to renew at 150 days. I am having to introduce new capital because I am also renting more referrals. This is something I plan for and know how much it is going to cost ahead of time.
After all my RRs renew at 150 days, I will switch it to 240 days, and most probably turn AutoPay off, as I will be relatively happy with the number of RRs I have.
Planning ahead and making good use of the statistical resources Neobux provides is very important. Many people only look at how many clicks their referrals made today, oblivious to upcoming costs or absent from any strategy to control those costs. As such, they either find themselves having to introduce new capital or end up quitting Neobux – an unfortunate result that could easily be avoided.
Recycling is the easiest cost associated with renting referrals to understand, but perhaps the most debatable of how and when to apply. Recycling (in Neobux lingo) refers to replacing an inactive rented referral with a different, hopefully more active rented referral. The cost to recycle a referral depends on your membership but is typically $0.07. Emerald and Platinum members are charged $0.06, while Ultimate members are charged just $0.04.
When to Recycle a Referral
This is a tough question to answer. Neobux is a dynamic environment so to apply a static recycling strategy would not make sense. Some days you will recycle more, some days less. If you recycle too much, your profits will be eaten up by recycling fees. If you recycle too little, you will be burdened with a rented referral base of inactive clickers, and your profits will drop.
We need to find a balance between the two scenarios highlighted above. Here are some general tips:
- Recycle Regularly – there’s no point in keeping inactive referrals and delaying their recycle by days – only to spend the same amoun recycling them – when you could have an active RR for those days if inactivity.
- Give your RR’s a chance – not everyone clicks everyday - the below RR has times where one of my RRs has not clicked for 2 days, but is still generating me 2.6 clicks on average per day, way above my break-even of 0.529. Recycle on a case by case basis.
- All inactive referrals are automatically replaced after 14 days of inactivity. I would advise not waiting until that point. Recycle any referral that hasn’t clicked in at least 7 days. That’s 7 days click revenue you can be earning before the 14 day inactivity period.
AutoPay, AutoRenew and Recycling Summary
The potentially most profitable way to make profit in Neobux is through renting referrals, unfortunately it is almost the most common element linked to why people quit, mainly through lack of understanding of AutoPay, AutoRenew ad recycling which leads to a poor return.
Through understanding these costs, you will be able to appropriately and effectively develop strategies of your own, which will help you reap profits from Neobux for years to come