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Is Tsu a Scam? 6 Reasons It's Not | Rebuttal EDIT: Thanks to Amanda Blain, I have corrected some details in this article. Attribution of the rule of thirds was incorrect, as well as the average number of friends required to earn $1,000 per year (not including network or followers). I apologise for the misinformation - Susannah Birch 6 reasons tsu is not a scam Is Tsu A Scam? Article written by Amanda Delatycki and Susannah Birch Since its launch a few weeks ago, Tsu (pronounced sue) is fast becoming the social networking place to be seen. With an initial cash injection of $7 million from Sancus Capital Prive and other investors, its promises to those who join are simple and nothing short of enticing. As with all moneymaking schemes, there are those who jump on the bandwagon and those who dig in their heels and brand concepts with a hot ‘scam’ iron before really understanding the facts. Recently, Amanda Blain wrote a post on her website, outlining 6 reasons that Tsu is a scam. We’ll examine each of those six points and explain why much of Amanda’s post is based on minimal knowledge of the platform andincorrect background information. See Tsu For Yourself Click here to take a look at Tsu for yourself and if you do join up, feel free to connect with me. Currently Tsu is invite only, so this link will allow you to join the site. This article is not about telling you why Tsu is fabulous or you must join. It probably has as much chance as any other startup on the Internet. It is not a get rich quick scheme, even though some people will treat it as such. The people who believe they can earn thousands overnight will soon realise that only a tiny percentage of people will make that much money and that it works like most revenue sharing sites - you can earn money, but there are no guarantees that it will be much. However you’ll get a chance to learn more about why this new platform isn’t a scam and why it may just be worth a chance, especially if you are a social media addict. Worried about the hidden details? Read the TSU Terms of Service or Privacy Policy. (on www.tsu.co/the13thbridge) The Tsu concept The Tsu concept is straightforward. By sharing interesting and engaging content, your followers will want to engage with it. The more engagement it receives and the more views your content has, the more money you make. Facebook makes millions of dollars by essentially selling your information to advertisers. It allows advertisers to target you by location, gender, interests and recently, even by online search history. The founders of Tsu have stated that the average user, who simply spends the same amount of time on Tsu as they would on other social networks, may only receive $1,000 a year. However that’s for doing exactly what they’re already doing – posting about their latest breakup, a selfie or a picture of their breakfast. This is based on a user with 2,000 friends, not including any referral network or followers. How does Tsu compare to its rivals? Tsu differentiates itself from Facebook and other newcomers such as Ello, their main rival, because it promises to reward users for creating the content for them. You can post the exact same content on Tsu as other social networks, but earn money for doing so. Money that would normally go directly to the site owners in most other social media sites. Another recently launched content sharing site is Leafit. Whilst also promising to pay you, they make no qualms about charging members $49 per month to qualify to earn from anyone in their down line. To earn anything from the site, you need people to buy an item so you can receive commission, and not everyone is a salesman. The Tsu revenue model is clear 90% of revenue distributed to users. 50% of that revenue is paid directly into your balance, within 48 hours. Revenue is based on CPM (Cost Per Thousand). If you receive 500 views on your content for one day and the CPM is $1, you would receive a payment of 45c (50% of 90%). The other 40% of revenue is paid to your up line, based on the rule of thirds. You receive 1/3 of earnings from all direct referrals. You receive 1/9 of earnings from second level referrals. You receive 1/27 of earnings from the third level of referrals and so on. Even if you never refer anyone, you still receive 50% of 90% of revenue raised by adverts shown on your own content. 1) The Advertising Model Incorrect! One of the first areas that stands out in Amanda Blain's article is a reference to the Tsu advertising model. It incorrectly claims that if there are “100 members and they split 100$ of total revenue for the day, everyone gets 1$”, and the more users (there are on Tsu) the less you get of this 1$ cut. This is categorically incorrect. 2) TSU a Ponzi Scheme/ Pyramid Scam / MLM Marketing Fraud Incorrect !!! Tsu does not meet the requirements of an illegal ponzi or pyramid scheme and although it may be classed as an MLM, it doesn't exactly meet those requirements either. There is no product. You don't have to recruit. Both of these are big factors in the organization models mentioned above. Typically these concepts require you to build a network of people under you and your financial success rests upon their shoulders. The more they sell and the more they recruit, the more you earn. Tsu allows you to earn from sharing your own content. You do not have to recruit anyone to earn. You do not have to build a network at all. As I said before, by simply creating engaging content that entices people to share, you will earn money on your own! If you only connect with a small number of friends, you won't earn as much. However if you're one of the many social media addicts who creates a following easily, you will find that you earn well from that following. As outlined further up in the article, the average user with 2,000 friends can earn approximately $1000 a year. To some people, that's a lot of money for doing what they're already doing. And it's a simple baseline - if you're more active, you can earn more. Anyone you do invite to join that becomes part of your family tree helps you to generate passive income as you earn a percentage of their income however it is not a requirement. Tsu In The News New York Times Mirror.Co.UK Daily Finance 3) The Payout … When You Get Your Hard Earned Money…. Incorrect! The payout is based on a percentage of CPM, as outlined above. The assumptions in Amanda’s article don’t state how she decides what earning amount people will supposedly get. Almost every revenue sharing company has thousands of users who sign up, earn a few pennies and never cash out. Nearly every website on the Internet which pays out revenue to users requires a minimum dollar amount before payment is made to the user. Examples of websites that follow this payout method include AdSense, Hubpages, Bubblews, Clickbank and many more. Tsu continual improvements Until the point at which a website goes live, it’s impossible to predict what particular issues will be raised by new users. Tsu staff are already working to eliminate issue as they arise, including banning spam posts, plans for integration of PayPal and correction of glitches. you CAN join at: www.tsu.co/the13thbridge As at 29th October, Tsu have added further improvements including SSL, an improved FAQ, and many bug fixes. http://www.tsu.co/the13thbridge 4) Tsu (will struggle to) operate on 10% of revenue Incorrect! Tsu is not the first business model to successfully operate on a low revenue percentage. Its revenue model gives 90% back to members and therefore claims to run off 10%. Amanda Blain claims that this will result in no security, be a ‘hacker’s paradise’ and result in its users experiencing slow servers. History shows this is not necessarily the case. Let's look at eBay. eBay takes approximately 10% of sales as it's income (give or take a few fees here and there), leaving members to profit significantly. eBay is certainly not a model to be laughed at. Let's look at HubPages. HubPages, one of the largest revenue sharing platforms on the internet, successfully runs its servers on as low as 18% of profits and continues to have the staff, knowhow and ability to ride out Google’s algorithm changes and introduce positive improvements to their site. Spam Warning From Staff Member Source: Tsu TO JOIN; go to: www.tsu.co/the13thbridge 5) We Need To Take Back Our Content Incorrect! Social media has never been about creating blog or article style content. That’s an area best left for your personal websites and third party revenue sharing sites (such as Bubblews, Hubpages, Infobarrel and Zujava). Social media has always been about sharing your content. Instead of creating long form content, Tsu allows you to engage in normal social media sharing which pays you, as well as allowing you to promote your own external content if you wish. This is a concept similar to sites such as Redgage, which essentially pays you for sharing what you’d likely wish to promote on other unpaid social media anyway. There is no denying the fact that Tsu is a new model and there are and will continue to be a low of issues to iron out. Yes, it may not be successful and it may not last the test of time like other major social networks, however there is a lot of incorrect information being published online and it is important that everyone gets the chance to see a view from each side and reach their own decisions. There are no guarantees on the Internet. Large sites can drop like rocks with a Google update. Websites can be bought out, such as the takeover of Squidoo, after nearly a decade as a major content platform. 6) But what does it hurt? How can you judge a Network that isn’t very old yet Incorrect! There are a number of other issues raised in the article worth mentioning and clarifying A new websites nearly always has issues that arise that are not always able to be foreseen before they go live. Tsu continues to make changes, fix bugs and address spam. They also plan to integrate PayPal soon and more! Much more! Cannot delete content and accounts easily? The same rules that apply to Facebook, Pinterest and other social networks apply to Tsu. You can delete your content at any time you wish, but copies of your content that have been shared can only be removed by the person who shared them. You can contact Tsu on this email with your username, using the email address you signed up with, to request an account deletion. The option to delete your account should be integrated into the site soon. Daily limit At the moment you can follow a maximum of 1000 people per day, post 24 new items and share no more than 8. However these limits are being adjusted regularly by admins in response to user numbers and feedback. What About Legal Issues? Amanda raises the point that there could be issues once a DMCA is filed for breach of copyright. However the Tsu TOS is similar to other social media sites in that it negates all responsibility to the user. Many sites have a referral program where other people may profit from something used against copyright, but they do not face the issue of earnings being taken from the referral line. In most cases a DMCA means that the content is simply removed, with no further legal requirements. On Facebook, any image deemed as a 'meme' will actually not be removed in most cases, since it's seen as publicly shareable content. Pop over to Tsu and take a look for yourself. It's currently via invite only so feel free to click here see the site and make your own judgement. Yes, Tsu is new and there are a lot of unanswered questions Yes, Tsu is still coming to terms with its huge influx of members Yes, Tsu is operating under a revenue model which benefits its members Yes, Tsu pays people to share content None of this makes Tsu a scam. iF YOU WANT TO JOIN UTILISE THIS LINK -- www.tsu.co/the13thbridge WE LOVE #TSU aka T$U
