Racked.com takes a view of the miles & points blogosphere [split off from OMaaT]
#16
FlyerTalk Evangelist
Join Date: Feb 2004
Location: London
Programs: BA, VS, HH, IHG, MB, MR
Posts: 26,871
The irony is that anyone except a US citizen who does what Ben does would pay no tax at all. Only US citizens pay tax on global income. (Well, also North Korea and Eritrea.)
If I was living out of hotels around the world I would pay no tax, assuming I incorporated my blog outside the UK.
If Ben keeps this up it would make sense to renounce his US citizenship and revert to the German citizenship which I assume he also has because of his family.
If I was living out of hotels around the world I would pay no tax, assuming I incorporated my blog outside the UK.
If Ben keeps this up it would make sense to renounce his US citizenship and revert to the German citizenship which I assume he also has because of his family.
#17
Moderator: Lufthansa Miles & More, India based airlines, India, External Miles & Points Resources
Join Date: Dec 2002
Location: MUC
Programs: LH SEN
Posts: 48,132
Maybe my reading and comprehension skills are not that great, but I think you are reading to much into the article. The article is pretty well researched and written, I must say. My take is the 500k number is more about TPG, but YMMV.
#18
Join Date: Jun 2015
Posts: 39
ff blogger article
I knew credit card reward bloggers made money but I never guessed it would be this much. Has anyone seen this story?
http://www.racked.com/2015/4/1/83207...d-points-miles
I guess the points guy and frugal travel guy already sold out
http://www.racked.com/2015/4/1/83207...d-points-miles
I guess the points guy and frugal travel guy already sold out
#19
FlyerTalk Evangelist
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It is practically a known secret...
The sad news? Bloggers use their earned commission to buy their own tickets while asking internet crowd to apply for cards (for commission).
The sad news? Bloggers use their earned commission to buy their own tickets while asking internet crowd to apply for cards (for commission).
#21
Join Date: Jul 2011
Location: DFW
Programs: AA EXP, mid-tier with pretty much everyone else
Posts: 873
.2% of miles and points bloggers (if that many) make about 99.9% of the money in the space (if that little). I think that article is actually a pretty rational look at the state of the industry (and yes, it is an industry now).
#22
Join Date: Feb 2001
Location: Ann Arbor, Michigan
Programs: Airline Free Agent, Fairmont Lifetime Platinum, Hyatt Globalist, Hilton Honors Diamond
Posts: 3,041
Yeah, old news...
I wrote my thesis on the subject:
http://travelbloggerbuzz.com/travel-...zation-scheme/
Moderator: Please feel free to edit my post to take out the direct link...but I do think it is relevant.
And the 0.2% earning 99.9% is probably close too
I wrote my thesis on the subject:
http://travelbloggerbuzz.com/travel-...zation-scheme/
Moderator: Please feel free to edit my post to take out the direct link...but I do think it is relevant.
And the 0.2% earning 99.9% is probably close too
#23
FlyerTalk Evangelist
Join Date: Feb 2004
Location: London
Programs: BA, VS, HH, IHG, MB, MR
Posts: 26,871
To say 0.2% would assume 500 US blogs and I don't think it has got that bad!
Let's say there are 100 US sites running at least 1 article per week. If the top 5 make $10m between them then 5% are making probably 90%.
Let's say there are 100 US sites running at least 1 article per week. If the top 5 make $10m between them then 5% are making probably 90%.