Kooday.com Scam
Whoa! well it’s about time someone take a shot at the search engine industry. It’s been quiet since google’s basically forced all the little search engines to submit(jokes). Reading up on Kooday.com and even becoming a member has forced me to take a step back and say i have to wait around and see if this turns out to be a scam or even a big hit.
Here’s the deal once you own your own search engine the possibilities are endless. I’ve made blog post about facebook and i’ve said Facebook is not going to replace google because as we all know social media is controlled mainly by the younger generation, kids are smart and change there minds quickly, search engines on the other hand is just one of those things people NEED. I compare search engines online to transportation in the real world search engines are that important.
What I don’t like about Kooday
This is a personal issue i have, I’ve been making money online going on 10 years now, I’ve seen them all crash, so i like to weigh the pro’s and cons the only con i see with Koodoo.com at the moment is “Owning Keywords” everything else sounds fine yes even the “residual income” search engines can afford to pay residuals when they have consistent advertisers it’s also an area which can be adjusted if need be. Now back on this topic of ‘Owning Keywords’. Now for me even as an advertiser I would NOT like this idea long term.
One of the main reasons google rose to dominance is because of Internet Marketing Guru’s. Even if you do a review on Money making scams on the internet what is number one name internet guru’s mention? It’s Google. Why? because Google gave everyone a fair shot at creating wealth online. Google disabled anyone from “OWNING KEYWORDS”. What this means is over night blogs like this one you are reading right now can become extinct. Scary thought huh? that depends on how you look at it…
I’ll put it to you like this I am at the top of google today for a popular search term i am making all this money but a guy name Joe comes along he is new and he works hard at SEO and he works hard on his blog or website everyday to get the keyword term that i dominate. Doesn’t joe deserve a shot at number one? Or do you think i should own the keyword search term forever just because I found it first???. I personally don’t believe anyone should be able to own keywords none the less that is only my opinion.
Kooday.com Profit Share Plan
This in itself to me is pretty interesting, it’s a good feature all i can say really is i have to wait and see. My frame of mind approaching kooday.com is a lot of what i’m seeing is good promotion i have to see how this ends up. One thing i will say is Kooday is being really creative.
Kooday Membership
Yes I am a member of Koodoo.com i’m all for honest new internet businesses trying to make a name for themselves. kooday.com has a very catchy name and the possibilities are endless when you own your own search engine. I still see yahoo possibly dropping out of the top search engines in the next 10 years or so. bing looks promising as Microsoft has been desperately trying to get some kind of hold into this industry.
I see a new search engine face emerging in the near future i’m not sure if it will be Kooday but i see something new. Google is what we call in north America the Wal Mart of search engines so it’s not going anywhere anytime soon (unless it does something stupid) Kooday is free to join and you can make money.
Kooday.com Review
Well they are currently paying so if your planning on joining now would be a good time. i update this blog frequently so if things change i will let you know.
Click Here to sign up for Kooday.com
Who are the founders of Kooday, by name? Mark Hugh Tela admin & co-owner told me on the phone there were 6 of them in total but he wouldn’t tell me their names…
good question i shall investigate
I agree, owning keywords is senseless. Trading them is where the money is. Since you have no control over who buys your keywords, the only way to protect your “interest” in any particular keyword is to purchase it at such a premium that it becomes so cost prohibitive for anyone else to purchase it. A good analogy is Domain Names. Try to purchase IBM.com or Pepsi.com. Won’t happen.
Now My other problem with Kooday. When I purchase keywords, they mostly get purchased from me at the 15% premium Kooday rule. But when you immediately try to purchase them back, the price has been driven to a premium. This has been the case with little known kewyords, short and long tail. I can’t believe that little known keywords can be traded that fast to raise the price by hundreds of percent in seconds. Something fishy going on? I think so. Kooday is in total control!
Also, you will discover many, many keywords once located, are for sale for the similar price of $25.116. Coincidence? NOT! Beware that once all the money has been taken, the end winners will be the ones that ultimately own all the keywords at exhorbitant prices which will link to their sites. By then Kooday will have all the money and be in total control!
I really hope they can convince me otherwise.
I like how you think Randy you have some very good points
My name is Brandon and i own a free traffic exchange.. It’s a place where people can generate free traffic to their sites and links. I joined kooday to take advantge of the advertising there and promote my traffic exchange. I started messing around with the keywords and actually became the first kooday diamond. A few of my friends became diamonds right after me. We all have concerns about kooday. The secrecy is one. Why not tell people who the co-founders are? I don’t undertand that. I also don’t understand why this guy Mark owns a pizza joint in wisconsin and answers support questions in Sudburry canada. Trekpay has a number that is located in Sudburry as well. They lead to an apartment complex. Don’t get me wrong, i want this site to work out as much or more than anyone, but i do have some serious concerns that no one wants to answer. Why is it that everytime it gets close to payment time, something happens? Something else that caught my eye, when they first swapped over to alert-pay, they had a caption that said you had to have a balance of 50,000 to request payout. Now i know that is no longer there, but why was it there in the first place? They claimed it was a mistake but someone had to have put it there, it didn’t just apppear. I have seen scams before with the same thing. Just got me worried a little.
I would like to comment on randy’s post regarding the price of the keywords. The reason you see a lot of keywords haveing the same price tag is this, when i first started messing with the keywords i quickly realized that if you buy a keyword then buy it back from yourself you get commissions plus credits. I shared this with a few people and now most everyone is doing it. We came up with a formula for profit-share-credits that if you buy a word from yourself up to $25 you get the most credits for your money. That is why a lot of keywords are at that price. You should also be seeing a lot of keywords with the price tag of 1.04. This is because when you get to gold, its much harder to get credits. So you buy a .10 keyword then buy it back from yourself 8 more times. By doing this, you get the most gold credits for your money. 45 cents for 9 credits to be exact. This is why a lot of keywords have the same pricetag. Hope that helps
@brandon,
It said 50,000 because at that time they couldn’t process payouts so they had to put something nobody could reach. Now it’s gone from 1 buck to 5 bucks, no clue why…
@Randy: See what Brandon says about the 25 dollar keywords. If you buy keywords until 25 dollars you receive 1000 profit share credits for say 8 or 9 dollars, since the premium compensates.
@Brett: Main owner is Brian Lindback second is Mark Huhtella. I heard he has a pizza shack somewhere but perhaps it’s just someone with the same name.
————-
As for the secrecy that’s because they have had a lot of problems with Alertpay and PayPal so they have and had to do a lot of work on making the switch possible as well as negotiating.
Actually they aren’t being so secret anymore, they’ve opened a blog with extensive Q&A’s and you can always call mark, number is at the news page.
Then again we should also be glad they are fairly secret, see the Google Instant feature? Rumours has it google stole that from Kooday.
Last but not least, a (former) google executive has invested huge amounts of money in Kooday… that’s what people say.
Btw, I’d urge everyone of you to like the kooday page of David Ruebush, it’s got a lot of insider information, tactics and is good fun.
Okay I’ll stop now, only thing I want to say is: sorry for my english it’s not my mother tongue…
I want to add that the blog is kooday.us 🙂
Not .com but .us.
🙂
Your article was very informative and eye-opening. I guess in this day and age, you have to be very careful as to what is “real gold” and what “just glitters”. I’ve given this newbie a try, but as you stated, we will just have to wait and see.