Before trying any online income site, I always try reading about them first. I have tried (and have active accounts on) InfoBarrel, HubPages, EzineArticles, Squidoo, WebAnswers, NamingForce, and a few others. Those listed above I have had good success.
So, is the website PickyDomains a scam?
Opinions are subjective. Data and trend analysis is more objective. My first goal was to track my results with PickyDomains over a 30 day period. Below is a quick snapshot of my efforts for my first 30 days of activity with the site.
|Contest (aka Orders)||101||117||86%|
Yes, this is a lot of data and means nothing without putting it in context and providing an explanation of what it represents. So, below is a summary of my tracking effort for my first 30 days with PickyDomains.
- During the 30 day period, I submitted Domain Names to 101 Contests of 117 available Contests. An Order is the term used on the site to describe a naming contest on the site. Your payout for winning a Contest varies from $25 to $75 based on the type of naming contest you enter.
- During this period, I submitted 942 Submits (entries as I call them). These entries were mostly for Domain naming contest with a few entries being for Business naming and Product naming contest. The math is simple. I averaged over 9 Submissions/Contest (9.3 to be exact). The site averaged about 465 Submissions/Contest. A “best efforts” estimate suggest I was competing with 50-80 other competitors for each Contest I entered given my 9+ entry average divided by the Overall Submits per Contest that I was closely tracking.
- I received 62 Likes on the 942 Submits. That is a 6.6% Likes/Submission success ratio. (Important: Likes are important as only Domains submitted that are tagged as “Like” are eligible to win a Contest) No get the "Like", no get the money. Very important!
- And finally, during my first 30 days, I won 1 Award of the 11 Awarded Contest during that period. 9.09% victory! Not bad. What is more telling is, of the 11 Awarded Contest, I had Likes in only 4 of them. This highlights the importance of obtaining a “Like” status as I won 25% (1 of 4) of the Contest I had received 1 or more Likes on the Domains I had submitted. Rephrased as, 0% victory opportunity for 7 Awarded Contests which I had received no “Likes” and a 25% victory on 4 Awarded Contests which I had received 1 or more “Likes”.
- Worth noting (again), I won 25% (1 of 4) of the Contest which I had received a “Like” vote on 1 or more of the Domain names that I submitted. You can submit 100+ Domain suggestions, but only the ones that the paying Customer tags as “Like” matter! You will receive many (and I mean MANY) “dislike” tags. So what! Just ignore them and keep submitting. I originally submitted 4-5 entries (Submits) per Order. I now average 10-12 entries per Order which has brought my average up to 9+ entries per Order. To be blunt, keep charging forward until you nail 1 or more “Like”(s) per Contest, otherwise, you will automatically lose a Contest.
- During my test period, I entered 1.73% of ALL entries for the entire site (942 of 54,425 entries submitted).
- Also during the test period, I received 3.03% of ALL “Likes” for the entire site (62 of 2,047 Likes received by everyone). My focus and tenacity for getting “Likes” paid off with a higher percentage of Likes than percentage of Submits (see above yellow highlighting in chart).
- I quickly received 1 win (Award) for $25.00 during the test period. It is important to note that this was received during the ramp-up period of hammering in entries for 100+ Contests. It is possible (very likely) that I will also win 2-3 additional Contests over the next 30 days as each Contest concludes (with no additional effort). We shall see.
- Finally, and most import, YES I did receive prompt payment of $25.00 from PickyDomains via my PayPal account. The PayPal payment was received within 48 hours of receiving a “Picked” status on the site and the Contest ending.
So, let’s go back to the initial question posed “Is PickyDomains a scam?”
Based on the above data and the fact that I did receive a $25.00 payment to my PayPal account (rather promptly I might add) after being “Picked” as a winner of a Domain Naming Contest, contrary to the subjective fluff I have read elsewhere online, I do not consider the website PickyDomains to be a scam. My bank account says “no scam”, the $25.00 I withdrew from the ATM was U.S. Dollars felt like “no scam”, and the cherry flavored Twizzlers I bought at Hannaford Supermarkets where they accepted the cash as payment felt like “no scam”. I also bought some Pringles and some mango slices with my newfound wealth.
I would note, however, that this was a lot of work for a bag of Twizzlers, Pringles, and mango snack. This is an easy site to use if you enjoy name spinning and product naming, but requires effort and a good sense of branding to receive the necessary “Likes” that lead to Contest wins.
I hope you found this data helpful. I enjoy tracking results when using a site and using hard data when making decisions.
Additionally, I have started using NamingForce with initial success. Both PickyDomains and NamingForce appear to be legitimate resources for helping you brainstorm a new Business name, Product name, or Domain name for your business venture.
Best of luck with your new venture.