July 22, 2016

Pages @ Bitbillions - Big Changes to the Website

Big Changes to the Website



What a week it has been. There has been great progress on the website with a few things that were necessary to implement and others that make things better for you the member. There is more coming that we think will make members very happy but we will not disclose those just yet. It will be a surprise when it comes and we think it will give another way for members to earn from their pages. In fact, we have two new ways that are likely to be implemented, one of which will probably be live within a week and the other may take longer.
So let’s look at what has changed lately. Some are little changes and some are quite big. Here is a list;

  1. New Finances menu
  2. New Earnings Page
  3. Pending earnings removed (All pending earnings added to credits balance)
  4. Credits changed to 1 for 1 value (previously 9 to 1)
  5. Privacy page added
  6. Terms of Service page added
  7. Guidelines page added
  8. Credits Quick Load menu item added
  9. GBBG changed to GBGI (for Global Bitbillions Group Incorported)
Let’s explain a few of the main changes.
Finance Menu

This is where you can see all of your credit transactions and are able to load more credits. We have added new types of transaction that shows Promotion Packages activations and renewals. It will show which account the transaction was for which is very useful for members with multiple Alias accounts. It should make it easier for members to find where to add credits.
Earnings Page

There have been several changes to the earnings page due to the removal of the Pending Earnings and the change to Credits. The first thing you will see when you go to the page is a graph that shows your current month earnings split into the different types, Points, Subscriptions, Products and Founder or Co-Founder Bonus (where applicable). 

Underneath the graph there is Tabs that select either Current or Forfeited Earnings. By default, the Current Tab is selected. This shows you a more detailed breakdown of your Points, Subscription Sales and Product Sales for the current month. The Forfeited Tab shows the same detail for earnings that have been forfeited.


There has been discussion that a third tab may be implemented showing the History where you can look at past month earning summaries. This will require some adjustments to the database so it may take awhile to be implemented.
At the bottom of the page there is a Notice that explains how earnings work.

It states;

NOTICE
Earnings and points reset on the 1st day of every month. Earnings from the prior month will appear in your Master account Credits balance on or before the 5th day of each month. On the 20th day of each month we payout all Credits balances over 100.00 to the payout address on file on your Master account. This allows us a bit of time to analyze the prior month and catch cheaters, bots, and other bad actors.
There is a fee of 1.00 Credit charged for all payouts processed.

Credits Change
This is something you probably noticed as soon as you logged in. All members with credits will have noticed their Credits seemed to go up a lot. Previously credits cost $9 each and were separate from earnings. This is no longer the case. Credits are now based on your balance. What this means is that your old Pending Earnings have been added to your Credits Value (Credits x 9) and that is now the new Credits total. We have made the credits display to 4 digits because many members earn small amounts from pages and this way they can see that they have earned even if it is less than $0.01. 

For Ads that previously cost 1 credit to activate (1 credit = $9) you will now just use 9 credits. It is the same dollar amount just an easier way to process it. The same applies to Promotion Packages. Instead of having to get separate credits, even if you had a lot of pending earnings, to be able to pay for it, you can now use the credits that may have been generated from your earnings. 

One last part that we plan to implement is to allow members to set a reserve level so that they can keep a certain amount of credits in their account instead of having them paid to their payment processor each month. This will allow members to always have credits available for Ads or Promotion Package activations and renewals. Members will be able to set an amount to keep in reserve. When payments are made on the 20th only the amount over the reserve will be paid. 

For example;
Bill wants to keep enough credits in his balance to pay for a premium subscription each month. He sets his Reserve amount to 54. He has 120 credits in earnings for the month. Since he has over the minimum withdrawal amount, currently 100 credits, Bill will receive $66 to his payment processor on the 20th of the month. 

We think this is a much easier way for members to understand and use their credits.
Whats on the horizon?
We have been brainstorming and have new features we plan on adding to the site that will give members two new potential earning sources. Members will not have to pay anything for these sources but members with quality content on their pages will stand to benefit most. There will be more information out soon and one of the features may be live this week.

Advertisers can look forward to improved reporting and statistics. The advertiser section will be updated and there is a lot of features that will be added over time. Discussions are being made to include different advertising options like CPM/CPC and we hope to add targeting to benefit advertisers more. Research shows that we should generate a lot more revenue with CPM/CPC while still providing cheaper than the average advertising standard. This will mean much more revenue shared with members.
Marketing materials will be added and updated. It is difficult to do this right now as there is constantly changes going on which makes them not as accurate.

As you can see bitbillons is getting better and better. We still need a lot more growth which is where you need to get out and share the site. Make sure you connect with all of our social channels. We are surprised how few we have on Google + and YouTube. Both can give you good information like getting the latest videos and webinar information.


Things are looking great and we can’t wait to see who can get the first Page to go viral.


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