The Basics – What is Banners Broker?
Banners Broker International is an online advertising platform similar to the online brokering of traffic and ad space that merge publishers with advertisers for the benefit of both. Website owners can earn money by placing relevant banners on their websites or blogs. Banners Broker has an integrated solution that benefits both the publisher and the advertiser and it is called the Combo Package. With Banners Broker, you will be able to join as a publisher, an Advertiser or an Ad-Pub Combo.
How does Banners Broker work?
As a Publisher – Website owners are able to sign up for a free account and register their websites or blogs, while submitting the necessary details like traffic statistics, website topic, industry and so forth. You will then be able to put banners on your site that is relevant to your blog or site and fits with your content or layout. You will earn revenues for impressions that is generated through your website traffic and keep track of earnings with the online reporting system.
As an advertiser – You will register your business and specify where you want your banners to be displayed in the terms of geographic location, industry or impressions. Ads will be placed on websites that match the advertiser’s criteria, and you will be able to monitor and evaluate the results of ads through a comprehensive online tracking system. When you register as an advertiser you will receive a 1000-banner campaign for free in order to test the platform and see how well it works for you.
Combo Package – If you are both an advertiser and website owner looking for more traffic the Ad-Pub Combo package can be purchased, even if you do not have a website. While you pay for advertising you can earn revenue to offset costs.
For those a bit unclear to what a Ponzi scheme is, allow me to give a quick recap – A Ponzi scheme is an investment designed to convince individuals or businesses to place money into a fraudulent investment and once the promoter feels that enough money has been collected they will take the money and disappear.
Read more about Ponzi schemes and what they are
Banners broker is setting off way too many red flags, and in my opinion I honestly only see more and more angry members in comparison to positive comments and posts.
Allow me to speak my mind and argue my statement on this subject.
First Red flag: Payment options
In order to get paid by Banners Broker you have to use a site called Solid Trust Pay or Payza formally known as AlertPay as well, and this is a warning sign by itself for many fraudulent companies just love to use this type of paid method because the security is minimal. You will get a pre-paid credit card and that will be used to transfer your funds.
Banners broker does not allow you to use your credit card and required that money will be placed in a temporally place called a eWallet. When you want to buy panels, packages or need to pay your membership fee you will use the eWallet account and when panels pay out guess where the money go – yip the eWallet. From there you will need to transfer your money onto your Solid trust pay card.
Well just, shoot me if I am wrong but I just don’t see the positive side with this system and according to me a legit company will not be afraid to use the popular and trusted systems like PayPal, check or direct bank transfer. Do not feel me wrong for these transfer portals have been used before without any incidents, but tons of people had some worrying experiences as well – just enough for me not to take the risk no matter how sweet the money looks. I dearly hope that banners will make payment processing easier in the future.
Red Flag 2: Buying expensive advertising
When you enroll on Banners Broker you will obviously need to cough up some cash to buy banner space to get started and they offer various packages from starter to Ultimate. The cost of packages will range anywhere from $25 up to a hefty $3,655 which are presented in such a way to encourage members to be greedy and buy even more for they believe that they had indeed fallen into a gold pot without asking where all the money is coming from.
Red Flag 3: Media goes bananas!
Banners Broker had indeed held up an outstanding reputation for some time without gaining suspicion from any one Lately things had suddenly changed for more companies, individuals; social media sites along with newspapers had started to raise serious questions and even downright had marked it as a Ponzi scheme.
The Banners Broker program had indeed spread across the internet like wildfire in 2012 and huge payouts that go along with promises kept had attracted huge amounts of individuals, but this had been dying off rapidly within the last few months. Banners Broker had indeed implemented “damage limitation” to slow down the speed at which their members can withdraw cash from the system.
Numerous individuals started to experience problems getting their money after the press had dug up information, and along with the panic, a huge amount of investors had started to withdraw their money from Banners Broker just raising suspicion.
I had even come across Facebook Pages that is only focusing on the "Banners Broker Ponzi scheme" and I was quite amazed to see all the likes that go along with the scary comments left by various members as well as the public.
Red Flag 4: Where are the ads?
My first question would be where the ads are appearing online and no matter how hard I had looked, I could not find them on any popular or busy websites or blogs, I had managed to dig up two sites after a very hard struggle and found that the reputation of the sites itself was not that great and the traffic no more than 170 views a day. Well all I can come up with would be the fact that the ads are just the cover to attract marketers and sellers to gain traffic and more exposure.
The question on everyone’s mind I guess would be when all will be over If it is indeed a Ponzi scheme and when it will collapse. In my honest opinion, I doubt if they will be able to keep it up for yet another year unless they start to implement some serious changes in the system that will be able to handle the vast amound of payouts that’s recently being demanded by their members. The credibility of the company had been questioned seriously. Recently they had started to do some damage control in some countries and some members had indeed received some payouts, but will it be enough? Only time can tell.
Now even with all the red flags and angry members that struggle to get paid, I have no right to climb on my blog and scream “Pozi Scheme” and I will not label them as one either, but I do have my doubts for the warning signs had become too obvious to ignore. I had done a quite a bit of research into this subject and some will have a defensive attitude towards promoting the program, while others have an anger management problem towards it since they could not retrieve their money.
We have to remember that these types of programs are designed to work efficiently for most of their online existence in order to keep trust and have more members adding on – after all, who would question a program with regular payouts. This will not only encourage people to invest and reinvest more money but also get more people to join and sign up. Usually the older and newer members have no problem in making money and therefore their actions will attract more signups.
In the end I only have one question left - How did Banners Broker manage to get so many members this angry and how did they fall into bad publicity to such a great level? Something must have triggered it. The only reasonable answer I have been the same of those arguing - If they had kept promises and payouts to the level it's supposed to be, there wouldn't have been negativity in the first place, but then again this is only my opinion.
If you are still earning from Banner Broker I do feel some great relief for you, just make sure that payouts are still a possibility by doing a test payout for a small amount.
Obviously, I will attract some really angry and defensive readers by writing this review, but I do not care, for I know how hard it is to work hard for your money and then end up losing it all to someone who don’t really give a damn.
(The offer had expired on 2013/7)
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