1.
One of the most
versatile features of Empowr is the ability for users to use ad credits to
effectively crowdfund other people’s ads. Seriously, there’s nothing on the web
like it, and the idea is as revolutionary as online advertising was when it was
first introduced. And because some people still can’t believe it, they often
ask if Empowr is a money-pit. +
The idea of funding other people’s Ads just feels so strange and new that
it’s hard not to be afraid of some Empowr scam. But when you look at the
reasoning behind it, funding other people’s ads is actually an awesome option
that fills a basic need that advertisers have been talking about for over a
decade. +
The basic tagline is that Empowr wants no Ad to go unfunded. The users put
money towards Ads that other people have created so they can be shown to the
Empowr universe. And any of the earnings that are achieved through the ads are
split between the creator of the advertisement and the people who funded the
Ad. +
With this in mind, the Empowr ad
platform is not a money-pit, but a great way to fund
advertising and earn without having to create content. But first, take a look
at how it really works.+
How the Bidding on the Empowr Ad Platform Occurs1
If you want to use an ad platform strategy, first, get the idea that Empowr
is a money-pit out of your head. Halfhearted efforts that are poisoned by fears
and a negative attitude will get you absolutely nowhere. +
In fact, if you’re not comfortable with the platform, make sure to do your
research first and watch some testimonial videos. You should never do something
in life on a whim. When you are serious, you can go to your Empowr dashboard,
and get started. +
You will then be able to choose your minimum return which is how much you
would like to get out after the cost of the ads. When you are bidding like
this, what you’re doing is telling the system how much of a return you want,
and the person with the lowest required return wins the opportunity to fund the
ads. +
Now, some have claimed that Empowr is a money-pit because of this feature,
and even went so far as to call the platform a scam. But the exact same
methodologies are used in some of the most reputable governmental corporate
industries.+
If you’re a little confused by how it works and need a little practice, you
can always let Empowr do your bidding for you; and the system will ensure you
are getting the best return possible for your money in such a circumstance. The
final thing you do is to pick whether or not you are a Simple or an Advanced
method. Simple means you let Empowr pick which ads you are going to fund, while
with Advanced, you are allowed to select specific ads you would like to bid
on. +
Once you are finished with this, the process is complete. +
Many of you are probably thinking that if you are allowed to set your
minimum return, you could set it as high as you want in order to generate a
large sum of many. Well you certainly could do this, but the catch is that
there is no guarantee your bid will be used for that Ad. This is because
oftentimes there are more people wanting to fund ads than there are ads that
need funding. +
So if you set your bid too high (by asking for too high of a return), it
will more than likely never get selected. Empowr uses an algorithm to determine
the lowest minimum bid for a particular ad; and, whoever has that lowest bid
will get to allocate their ad credits to that advertisement first. +
But the awesome thing about Empowr is that even if you’re first in
line, with the lowest return bid, you could still end up making much more
money. If all of your ad credits are used up, and Empowr moves onto the next
person’s bid, you will get the same return on your money as the final person
whose bid was used on that day. +
So if you asked for just 2% and the final bid used bid was at 15% (member
#5 in line after you, for example), then all members whose bids were
used get the highest return. This encourages members to bid less up front and
rewards those who stimulate the Empowr economy by pumping credits into
Ads. +
So...You're thinking of signing up for Empowr, huh? And you're scouring the
internet for any information you can find so that you can figure out all the
Empowr pros and cons before signing up. Well, the first thing you have to do is
leave your preconceptions at the proverbial door, and realize that Empowr isn't
like your grandmother's social networking platform.
By working as a democratic social economy, Empowr aims to allow its users to interact with each other much like how they do so in the other social media sites existing today. However empowr aims to go one more step ahead and provide an operational democratic economy too.