Mayors Money - $5 per check now? - GoFuckYourself.com

Jace · 01-08-2007, 11:34 AM

doesn't bother me really, just wierd is all....$5 is pretty hefty for a check fee, what exactly costs $5 for a check to be cut and mailed? do they use some outside service?

Quote:

We wanted to let you know of a change at MayorsMoney. Due to the accounting costs and inherent problems involved with cutting and delivering checks, we will now be charging a $5 fee for check payouts.

wyldworx · 01-08-2007, 11:34 AM

gold plating, methinx!

baddog · 01-08-2007, 11:34 AM

damn . . .

thebigstorm · 01-08-2007, 11:36 AM

Much larger programs cutting way more checks than them, and don't charge.

wyldblyss · 01-08-2007, 11:36 AM

Wow, bit steep in my opinion.

DjSap · 01-08-2007, 11:36 AM

Sending out checks costs money, if they didn't charge a fee it would result in lower payouts.

who · 01-08-2007, 11:36 AM

Which retard thinks that the webmasters should pay to run the fucking sponsor's business?? That's fucking ridiculous. I would be much more fucking disturbed if they were my sponsor.

What's next, $10 fee to all affiliates for 'hosted gallery server rental' ?

Snake Doctor · 01-08-2007, 11:37 AM

Yeah that's pretty steep.

Paycom still charges $2 I think. Most PPS programs don't charge anything.

dissipate · 01-08-2007, 11:37 AM

That fee seems a bit odd.

Boobs · 01-08-2007, 11:37 AM

it must be the "handling" fee

Bro Media - BANNED FOR LIFE · 01-08-2007, 11:38 AM

Quote:

Originally Posted by who

Which retard thinks that the webmasters should pay to run the fucking sponsor's business?? That's fucking ridiculous. I would be much more fucking disturbed if they were my sponsor.

What's next, $10 fee to all affiliates for 'hosted gallery server rental' ?

SleazyDream · 01-08-2007, 11:38 AM

hummm, if they send 2 checks a week and have a low payout they can claw back $40 from small accounts....

not a bad idea.......

Babaganoosh · 01-08-2007, 11:39 AM

Conversions are in the toilet. It's not like they'll be mailing as many checks as they used to anyway.

who · 01-08-2007, 11:39 AM

Quote:

Originally Posted by SleazyDream

hummm, if they send 2 checks a week and have a low payout they can claw back $40 from small accounts....

not a bad idea.......

No, that's what minimum payouts are for, sport.

JD · 01-08-2007, 11:40 AM

total crap imho. it's a cost of doing business with affiliates... another one that chaps my ass is the 2-4 dollar epass fee when they've already got a check cutting fee. WTF I have to pay to get my money??? lame...

baddog · 01-08-2007, 11:40 AM

Quote:

Originally Posted by DjSap

Sending out checks costs money, if they didn't charge a fee it would result in lower payouts.

How much is postage up there anyway?

So, how much does it cost to receive by wire?

polish_aristocrat · 01-08-2007, 11:40 AM

i couldn't care less, since the wire fee is usually $20 anyway

RawAlex · 01-08-2007, 11:47 AM

As more and more programs feel the pinch of shorter rebills, higher content production costs, and significantly poorer conversions, they will look in every corner for ways to make money or save costs on the bottom line. The easiest way to do this is to pass expenses on to the affiliates.

Realitically, a check in the mail costs about $1.00 (postage, envelope, check costs) upwards to $2.00 if you include the manpower required to get the checks in the envelope, etc. If your staff is really expensive or if you are trying to sink other costs into the check operations, it can cost you more.

It is all about turning a cost center into a revenue neutral or even a minor profit center. Instead of losing maybe $1000 a week mailing checks (assume 500 checks at $2 each) you could instead turn a $1500 profit ($2500 in fees less the $1000 costs). On a weekly program, this could push an extra 80k a year to the bottom line.

RevSand · 01-08-2007, 11:48 AM

Seems a bit steep to get a check.. Enless they have some LOWER cost alternative way that they are trying to get people to go to instead. I have not looked if this is the case yet.. Does anyone know?

wyldblyss · 01-08-2007, 11:51 AM

Quote:

Originally Posted by RawAlex

As more and more programs feel the pinch of shorter rebills, higher content production costs, and significantly poorer conversions, they will look in every corner for ways to make money or save costs on the bottom line. The easiest way to do this is to pass expenses on to the affiliates.

Realitically, a check in the mail costs about $1.00 (postage, envelope, check costs) upwards to $2.00 if you include the manpower required to get the checks in the envelope, etc. If your staff is really expensive or if you are trying to sink other costs into the check operations, it can cost you more.

It is all about turning a cost center into a revenue neutral or even a minor profit center. Instead of losing maybe $1000 a week mailing checks (assume 500 checks at $2 each) you could instead turn a $1500 profit ($2500 in fees less the $1000 costs). On a weekly program, this could push an extra 80k a year to the bottom line.

B.I.N.G.O. I believe we do have a winner!!!

noooze · 01-08-2007, 11:53 AM

I just talked to a guy from my local bank - if i had to send out printed checks from them, it wouldt cost 5 $ pr check, unless i had a big volume...

travelingmike · 01-08-2007, 11:55 AM

maybe the Mayor needs Beer money.....

phasic · 01-08-2007, 11:57 AM

They also offer epass for free.

who · 01-08-2007, 11:58 AM

Quote:

Originally Posted by RawAlex

As more and more programs feel the pinch of shorter rebills, higher content production costs, and significantly poorer conversions, they will look in every corner for ways to make money or save costs on the bottom line. The easiest way to do this is to pass expenses on to the affiliates.

Realitically, a check in the mail costs about $1.00 (postage, envelope, check costs) upwards to $2.00 if you include the manpower required to get the checks in the envelope, etc. If your staff is really expensive or if you are trying to sink other costs into the check operations, it can cost you more.

It is all about turning a cost center into a revenue neutral or even a minor profit center. Instead of losing maybe $1000 a week mailing checks (assume 500 checks at $2 each) you could instead turn a $1500 profit ($2500 in fees less the $1000 costs). On a weekly program, this could push an extra 80k a year to the bottom line.

No, it's not a winner. Of course you've explained the reason why they would do it (and well), but it's not like that isn't obvious already.

The point about the whole thing is that it reveals so much about how Mayors Money treats their webmasters. Not only is it poor business practice, but it is absolutely laughable that they think it's acceptable to charge the webmasters for their own business expenses.

It is evidence of a sinking ship, poor business fundamentals, and if I was pushing them I would be immediately looking elsewhere.

In a 9-5 job would you accept if your boss deducted $5 from your wage every month for 'wage payment expenses'?

This is utterly unforgivable.

xxxice · 01-08-2007, 12:02 PM

Quote:

Originally Posted by phasic

They also offer epass for free.

$2 charge is free ?

BitAudioVideo · 01-08-2007, 12:03 PM

it does cost $5+ to have an outside service print and ship checks.

RawAlex · 01-08-2007, 12:07 PM

Quote:

Originally Posted by BitAudioVideo

it does cost $5+ to have an outside service print and ship checks.

yes, but that is a cost of doing business, not an affiliate cost. Passing on every expense to the affiliate is a really big no-no.

Next fees will be the "content shooting fee" and "image color correction fee" and the "video encoding fee"...

pretty soon we will all send joins just for the fun of it.

Mayor · 01-08-2007, 12:09 PM

You guys are pretty funny

Fact is, checks are retarded. I don't pay employees by check nor my bills nor anything at all for that matter.

Checks are an archaic throw back from last century. I am attempting to make it less appealing to get a check and more appealing to get your money instantly with Epassporte. Hell I am even paying for your new Epassporte account and I will set it up for you. If you don't like getting your money instantly then you may CHOOSE to pay $5 and get a check.

Mayor · 01-08-2007, 12:13 PM

Quote:

Originally Posted by baddog

How much is postage up there anyway?

So, how much does it cost to receive by wire?

Up here? Where are you? The Keys

We're in South Florida man!

Wire fees are the same as they always have been. Domestic wire 30 Int 40.
Epassporte FREE (and we'll set up your account for FREE)

who · 01-08-2007, 12:13 PM

Quote:

Originally Posted by Mayor

Fact is, checks are retarded.
Checks are an archaic throw back from last century.

This has convinced me I'll never promote Mayors Money. Sorry, but dude, you seem to be a complete idiot.

xxxice · 01-08-2007, 12:15 PM

Correct me if I am wrong. To get money by epass is a $2 charge for them to send it. To withdraw it is another $2. So to get paid by epass is $4 and check is $5 so a $1 diff to get checks?

SomeCreep · 01-08-2007, 12:15 PM

Wow, charging $5 to cut a check? That's ridiculously high. Meatcash charges like $2.95 to cut a check and I thought that was bad. Well, if sponsors are going to start charging us affiliates this much to cut a check, they might as well start charging us for the bandwidth we burn using their free hosted galleries. Or maybe charge us a licensing fee for the free content we use to promote their sites.

bareskin · 01-08-2007, 12:17 PM

Fuck them thats shits for the birds I'll never use anyone charging for checks. does the lazy ass bitch payroll clerk need a fucking raise or something

Mayor · 01-08-2007, 12:17 PM

Quote:

Originally Posted by who

This has convinced me I'll never promote Mayors Money. Sorry, but dude, you seem to be a complete idiot.

Not to worry man, I am sure your application would have been rejected anyway.

http://alexa.com/data/details/traffi...ornblogrss.com

FreeHugeMovies · 01-08-2007, 12:17 PM

Very weak

baddog · 01-08-2007, 12:17 PM

Quote:

Originally Posted by Mayor

You guys are pretty funny

Fact is, checks are retarded. I don't pay employees by check nor my bills nor anything at all for that matter.

Checks are an archaic throw back from last century. I am attempting to make it less appealing to get a check and more appealing to get your money instantly with Epassporte. Hell I am even paying for your new Epassporte account and I will set it up for you. If you don't like getting your money instantly then you may CHOOSE to pay $5 and get a check.

pfft . . . epassporte is of very little value to a US resident.

baddog · 01-08-2007, 12:18 PM

Quote:

Originally Posted by Mayor

Up here? Where are you? The Keys

We're in South Florida man!

I believe the question was directed to the Canadian that I quoted.

Bro Media - BANNED FOR LIFE · 01-08-2007, 12:18 PM

Quote:

Originally Posted by Mayor

You guys are pretty funny

Fact is, checks are retarded. I don't pay employees by check nor my bills nor anything at all for that matter.

Checks are an archaic throw back from last century. I am attempting to make it less appealing to get a check and more appealing to get your money instantly with Epassporte. Hell I am even paying for your new Epassporte account and I will set it up for you. If you don't like getting your money instantly then you may CHOOSE to pay $5 and get a check.

some people prefer checks over epass payments, easier to keep track of money made when you're not relying on an online service for balances

bareskin · 01-08-2007, 12:18 PM

Quote:

Originally Posted by Mayor

You guys are pretty funny

Fact is, checks are retarded. I don't pay employees by check nor my bills nor anything at all for that matter.

Checks are an archaic throw back from last century. I am attempting to make it less appealing to get a check and more appealing to get your money instantly with Epassporte. Hell I am even paying for your new Epassporte account and I will set it up for you. If you don't like getting your money instantly then you may CHOOSE to pay $5 and get a check.

your a fucking idiot and hope you lose affiliates because of this

Mayor · 01-08-2007, 12:19 PM

Quote:

Originally Posted by vanderweb

Correct me if I am wrong. To get money by epass is a $2 charge for them to send it. To withdraw it is another $2. So to get paid by epass is $4 and check is $5 so a $1 diff to get checks?

Tie your epass to your bank account and save the fees. Most people I pay would have to pull cash out every day if they were trying to hit the ATM lol.

Wizzo · 01-08-2007, 12:19 PM

Quote:

Originally Posted by who

This has convinced me I'll never promote Mayors Money. Sorry, but dude, you seem to be a complete idiot.

Damn I'm sure we will go under for sure without your 5 hits a day...

baddog · 01-08-2007, 12:20 PM

Quote:

Originally Posted by Mayor

Not to worry man, I am sure your application would have been rejected anyway.

http://alexa.com/data/details/traffi...ornblogrss.com

That has to be the dumbest comment you have ever made. Seriously.

who · 01-08-2007, 12:20 PM

Quote:

Originally Posted by Wizzo

Damn I'm sure we will go under for sure without your 5 hits a day...

Oh this is great. Mayors Money sure are a class act.

thonglife · 01-08-2007, 12:22 PM

Mayor's Money fucking blows cock.

baddog · 01-08-2007, 12:23 PM

Quote:

Originally Posted by who

Oh this is great. Mayors Money sure are a class act.

They would rather have 1:3000 TGP traffic than 1:20 SE traffic. Simple enough.

Bro Media - BANNED FOR LIFE · 01-08-2007, 12:24 PM

Quote:

Originally Posted by Wizzo

Damn I'm sure we will go under for sure without your 5 hits a day...

wow... i hope ramos can clean things up for you guys, thats not cool...

Mayor · 01-08-2007, 12:27 PM

I find it very convient on Fridays that when I hit "pay" 1000's of people have the money that second regardless of where they live. To me, that's of GREAT value. But like I said, it's a choice, no one is forcing anyone.

If an affiliate makes a deal and he's not some GFY moron with 8 clicks, I'll go add a 100 bucks to his account and cover his next 2 years of check fees

For those that obviously don't know us, we actually have a great relationship with all our affiliates. We host many of them on dedicated servers shoot content for them, hang out etc. . . A couple morons from GFY with no relationship with us or our affiliates won't change that LOL

Jace · 01-08-2007, 12:27 PM

wowzer, this thread took a dive fast

I don't get ANYTHING but checks because my accountant says so...period

checks mean a paper trail...a paper trail means solid accounting on my part..if the irs ever comes I just pull out my big envelope from that year and hand it over

Kimmykim · 01-08-2007, 12:30 PM

Mayor's business, Mayor's rules. I doubt he'd have been around this long if he weren't doing quite a few things right.

Dirty Dane · 01-08-2007, 12:31 PM

just raise the min. payout

01-08-2007, 11:36 AM	#6
DjSap Confirmed User Join Date: Jul 2002 Posts: 3,869	Sending out checks costs money, if they didn't charge a fee it would result in lower payouts. __________________ Blog Themes, TGP Design, Writing Services, Grunt Work ICQ: 66871495

01-08-2007, 11:37 AM	#8
Snake Doctor I'm Lenny2 Bitch Join Date: Mar 2001 Location: On top of my soapbox Posts: 13,449	Yeah that's pretty steep. Paycom still charges $2 I think. Most PPS programs don't charge anything. __________________ sig too big

01-08-2007, 11:37 AM	#10
Boobs Confirmed User Join Date: Aug 2006 Posts: 7,875	it must be the "handling" fee __________________ Join the fucking best in big tit sponsors!!!

01-08-2007, 11:38 AM	#12
SleazyDream I'm here for SPORT Industry Role: Join Date: Jul 2001 Location: Phone # (401) 285-0696 Posts: 41,470	hummm, if they send 2 checks a week and have a low payout they can claw back $40 from small accounts.... not a bad idea....... __________________ This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog.

01-08-2007, 11:39 AM	#13
Babaganoosh ♥♥♥ Likes Hugs ♥♥♥ Industry Role: Join Date: Nov 2001 Location: /home Posts: 15,841	Conversions are in the toilet. It's not like they'll be mailing as many checks as they used to anyway. __________________ I like pie.

01-08-2007, 11:34 AM	#2
wyldworx So Fucking Banned Join Date: Dec 2006 Location: oz-trailer Posts: 5,144	gold plating, methinx!

01-08-2007, 11:34 AM	#3
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	damn . . .

01-08-2007, 11:36 AM	#4
thebigstorm Confirmed User Join Date: Sep 2004 Posts: 164	Much larger programs cutting way more checks than them, and don't charge.

01-08-2007, 11:36 AM	#5
wyldblyss Confirmed User Join Date: Nov 2003 Location: The Buck Starts Here Posts: 5,779	Wow, bit steep in my opinion.

01-08-2007, 11:36 AM	#7
who So Fucking Banned Join Date: Aug 2003 Location: ICQ #23642053 Posts: 19,593	Which retard thinks that the webmasters should pay to run the fucking sponsor's business?? That's fucking ridiculous. I would be much more fucking disturbed if they were my sponsor. What's next, $10 fee to all affiliates for 'hosted gallery server rental' ?

01-08-2007, 11:37 AM	#9
dissipate The Dirty Frenchman Industry Role: Join Date: Nov 2005 Location: Lost Angeles Posts: 8,904	That fee seems a bit odd.

01-08-2007, 11:40 AM	#15
JD Too lazy to set a custom title Industry Role: Join Date: Sep 2003 Posts: 22,651	total crap imho. it's a cost of doing business with affiliates... another one that chaps my ass is the 2-4 dollar epass fee when they've already got a check cutting fee. WTF I have to pay to get my money??? lame...

01-08-2007, 11:40 AM	#17
polish_aristocrat Too lazy to set a custom title Join Date: Jul 2002 Posts: 40,377	i couldn't care less, since the wire fee is usually $20 anyway __________________ I don't use ICQ anymore.

01-08-2007, 11:47 AM	#18
RawAlex So Fucking Banned Join Date: Oct 2003 Location: In a house. Posts: 9,465	As more and more programs feel the pinch of shorter rebills, higher content production costs, and significantly poorer conversions, they will look in every corner for ways to make money or save costs on the bottom line. The easiest way to do this is to pass expenses on to the affiliates. Realitically, a check in the mail costs about $1.00 (postage, envelope, check costs) upwards to $2.00 if you include the manpower required to get the checks in the envelope, etc. If your staff is really expensive or if you are trying to sink other costs into the check operations, it can cost you more. It is all about turning a cost center into a revenue neutral or even a minor profit center. Instead of losing maybe $1000 a week mailing checks (assume 500 checks at $2 each) you could instead turn a $1500 profit ($2500 in fees less the $1000 costs). On a weekly program, this could push an extra 80k a year to the bottom line.

01-08-2007, 11:48 AM	#19
RevSand Confirmed User Industry Role: Join Date: Oct 2003 Location: Porn Valley Posts: 8,151	Seems a bit steep to get a check.. Enless they have some LOWER cost alternative way that they are trying to get people to go to instead. I have not looked if this is the case yet.. Does anyone know? __________________ BadBitchesGoodWeed Hire me for all your video shooting needs!! Skype = RevSandx

01-08-2007, 11:53 AM	#21
noooze Registered User Join Date: Jul 2005 Posts: 92	I just talked to a guy from my local bank - if i had to send out printed checks from them, it wouldt cost 5 $ pr check, unless i had a big volume... __________________ Sometimes I wonder whether the world is being run by smart people who are putting us on or by imbeciles who really mean it." - Mark Twain.

01-08-2007, 11:55 AM	#22
travelingmike Confirmed User Join Date: Nov 2005 Posts: 182	maybe the Mayor needs Beer money..... __________________ Everything You Need to Play........Casino, Poker, Sports Book, http://www.gamblingboard.com

01-08-2007, 11:57 AM	#23
phasic Confirmed User Industry Role: Join Date: Jul 2005 Location: US Posts: 2,104	They also offer epass for free. __________________ Brief revisit. (mic drop)

01-08-2007, 12:03 PM	#26
BitAudioVideo Confirmed User Join Date: Jul 2005 Location: USA, Georgia Posts: 1,246	it does cost $5+ to have an outside service print and ship checks. __________________ Hi-Quality Encoding - Bulk Orders - On Time! http://bitaudiovideo.com icq 50476697 - aim n3r0xXx

01-08-2007, 12:09 PM	#28
Mayor Confirmed User Join Date: May 2001 Posts: 497	You guys are pretty funny Fact is, checks are retarded. I don't pay employees by check nor my bills nor anything at all for that matter. Checks are an archaic throw back from last century. I am attempting to make it less appealing to get a check and more appealing to get your money instantly with Epassporte. Hell I am even paying for your new Epassporte account and I will set it up for you. If you don't like getting your money instantly then you may CHOOSE to pay $5 and get a check.

01-08-2007, 12:15 PM	#31
xxxice Confirmed User Join Date: Feb 2002 Posts: 5,042	Correct me if I am wrong. To get money by epass is a $2 charge for them to send it. To withdraw it is another $2. So to get paid by epass is $4 and check is $5 so a $1 diff to get checks?

01-08-2007, 12:15 PM	#32
SomeCreep :glugglug Join Date: Mar 2003 Location: Where the Wild Things Are Posts: 26,118	Wow, charging $5 to cut a check? That's ridiculously high. Meatcash charges like $2.95 to cut a check and I thought that was bad. Well, if sponsors are going to start charging us affiliates this much to cut a check, they might as well start charging us for the bandwidth we burn using their free hosted galleries. Or maybe charge us a licensing fee for the free content we use to promote their sites. __________________ Webair Hosting I use and recommend Webair for hosting.

01-08-2007, 12:17 PM	#33
bareskin Confirmed User Join Date: Nov 2006 Location: Pimpin in socal Posts: 619	Fuck them thats shits for the birds I'll never use anyone charging for checks. does the lazy ass bitch payroll clerk need a fucking raise or something __________________ Globat.com hosting company has shitty customer service skills :: please be advised:: Icq# 394599740

01-08-2007, 12:17 PM	#35
FreeHugeMovies Too lazy to set a custom title Join Date: Dec 2001 Location: Charlotte, NC Posts: 14,137	Very weak

01-08-2007, 12:22 PM	#44
thonglife So Fucking Banned Join Date: Oct 2004 Location: Midwest, US Posts: 1,566	Mayor's Money fucking blows cock.

01-08-2007, 12:27 PM	#47
Mayor Confirmed User Join Date: May 2001 Posts: 497	I find it very convient on Fridays that when I hit "pay" 1000's of people have the money that second regardless of where they live. To me, that's of GREAT value. But like I said, it's a choice, no one is forcing anyone. If an affiliate makes a deal and he's not some GFY moron with 8 clicks, I'll go add a 100 bucks to his account and cover his next 2 years of check fees For those that obviously don't know us, we actually have a great relationship with all our affiliates. We host many of them on dedicated servers shoot content for them, hang out etc. . . A couple morons from GFY with no relationship with us or our affiliates won't change that LOL

01-08-2007, 12:27 PM	#48
Jace FBOP Class Of 2013 Industry Role: Join Date: Jan 2004 Location: bumfuck, ky Posts: 35,562	wowzer, this thread took a dive fast I don't get ANYTHING but checks because my accountant says so...period checks mean a paper trail...a paper trail means solid accounting on my part..if the irs ever comes I just pull out my big envelope from that year and hand it over

01-08-2007, 12:30 PM	#49
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	Mayor's business, Mayor's rules. I doubt he'd have been around this long if he weren't doing quite a few things right.

01-08-2007, 12:31 PM	#50
Dirty Dane Sick Fuck Industry Role: Join Date: Feb 2004 Location: www Posts: 9,491	just raise the min. payout