As someone who has tried advertising with this system, I agree with most of 7Driver's ideas.
I'd love to advertise more, but the incredible lag between paying for links and actually receiving links makes it all prohibitive (it's to a point where you become skeptical you'll ever receive those links). Most of you guys just see the available links disappear because people "claim" them right quick. Advertisers often don't see the actual links they paid for show up in the system for several weeks after they paid for them (if they show up at all). Perhaps some directories really take a month to approve and publish an article. Perhaps some of the people who claim a link are just slackers. I don't know.
SunGlynis
Thanks for your input. I wonder did you know that there is a post about the time it takes to get an article approved,
http://jlforums.com/cash4links-com/article-directory-speed-of-submission/ To help all of us realize which directories to post to.
As for myself, I generally post to all the directories that I have logins to (a couple of them, for whatever reason, did not work for me).
Additionally, most of those links come from the same one or two directories (limiting their value to some extent) and most often they are completely unrelated. I've been in SEO long enough to understand that from a pure link juice perspective relevance doesn't matter much, but it still makes these links at least somewhat less valuable in the long run.
I appreciate that some people are actually writing relevant articles and submitting them, but I can tell you from an advertiser's perspective, that is by far the minority. Most people are just sticking the link in an unrelated article that is already published somewhere.
As far as I can see, on the advertisement page for C4L, it is stated that the links you pay for are not from articles with relevant content. As far as I know, people who signed up for C4L as advertisers knew this, and signed up anyway. Yes, indeed, relevant articles with advertiser links is ideal. C4L not being set up for that, perhaps in the future, as is suggested.
And as far as
Having someone like HoneyJo getting paid $5 for putting significant time and effort into a link submission while someone else made 5 times as much as her with only 5 minutes of work by just adding links to existing unrelated articles... something just seems a bit off about that.
If it seems off about that, realize she is attempting to build an article writing business piggybacking from C4L contacts - and it sounds like is being moderately successful at it. Just as there are others of us attempting to build a successful online business with our articles that we write pointing to our own websites, and also give links out for C4L websites as well.
Don't get me wrong - I, too, believe links for relative content is better -- but the price would be steeper as well. Hiring someone to write articles for you to post is more expensive, as any outsourcing content writing site will prove. And having them post the article to the article directories on your behalf, using
their personal account login information -- the price should reflect accordingly.
So please continue to use C4L, believe it will get faster, and perhaps Jon will expand it to an article writing link service, who knows? HoneyJo is branching out in that direction.

Leona
