DoNanza is one of the more popular online job sites out there today. It is where clients (employers) and contractors (employees) "meet" for contracted work. Anyone can join for FREE; clients can post job ads and contractors can bid for them without spending a single cent. So if joining, posting a job ad, and bidding are for free, how does DoNanza make money
The DoNanza Team is the application you need to use when logging in work for hourly jobs. Both employers and contractors are guaranteed that, “Every hour billed is an hour worked and every hour billed is an hour paid.”
Unfortunately there are still plenty of disputes and complaints reported to DoNanza by both employers and their contractors. Some have complained about how little the work is being done, while others would file disputes for hours logged that are not related to work.
This just goes to show that there are contractors who do not understand DoNanza’s application or do not follow and respect the terms and agreements with their employers.
As DoNanza contractors and Pinoy freelancers, it is very important that Thay are paid for every second, minute, and hour of work done. Ideally we expect our clients to pay for the time and energy spent on their projects, but if we inconsiderately log excessive hours just to earn more money, it will ruin both our relationships with our clients and our reputation on DoNanza.
The DoNanza Guarantee is what makes DoNanza unique and favourable to both the client and the contractor. To take advantage of the DoNanza Guarantee, clients are encouraged to require contractors to log on to the DoNanza collaborative software while working. This software, called the DoNanza Team, guarantees that "an hour billed is an hour worked and an hour worked is an hour paid". Needless to say, it is only useful for hourly projects.
How does the DoNanza Team Work?
The DoNanza Team is basically time-tracker software. Contractors need to log in to the software when working on hourly projects so that the number of hours worked can be tracked and paid. While logged on to the software, screenshots of your desktop activity are taken at random times. All hours are logged on to the contractor's Work Diary, which, along with the snapshots, is submitted for review and billed on a weekly basis.
How Does DoNanza Work?
Watch this short video that briefly explains how DoNanza works.
How Much Can You Earn in DoNanza?
The pay greatly varies. Although you have the freedom to put any amount you like on your profile as your hourly rate, the actual hourly or fixed-price rate will still mostly depend on how much a particular client is willing to pay. This is especially true if you, along with many others, are bidding for the same job.
It's a completely different story though if it was the client who personally sent you an invitation for an interview. If this is the case, you get to dictate how much you want to get paid for that particular project or position.
If you check out the hourly rates of some contractors in DoNanza, you will find that some, especially those from Asian countries, are willing to work for $2 to $5 an hour. Can you command a higher rate? You can, if you have experience or if you specialize in something - like Web Design, or Accounting, or other tasks that require a particular skills set.
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Forex trading is typically done through a broker or market maker. As a forex trader you can choose a currency pair that you expect to change in value and place a trade accordingly. For example, if you had purchased 1,000 Euros in January of 2005, it would have cost you around $1,200 USD. Throughout 2005 the Euroâ€™s value vs. the U.S. Dollarâ€™s value increased. At the end of the year 1,000 Euros was worth $1,300 U.S. Dollars. If you had chosen to end your trade at that point, you would have a $100 gain.
Forex trades can be placed through a broker or market maker. Orders can be placed with just a few clicks and the broker then passes the order along to a partner in the Interbank Market to fill your position. When you close your trade, the broker closes the position on the Interbank Market and credits your account with the loss or gain. This can all happen literally within a few seconds.
What is Forex?
FOREX - the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.
Some of the participants in this market are simply seeking to exchange a foreign currency for their own, like multinational corporations which must pay wages and other expenses in different nations than they sell products in. However, a large part of the market is made up of currency traders, who speculate on movements in exchange rates, much like others would speculate on movements of stock prices. Currency traders try to take advantage of even small fluctuations in exchange rates.
In the foreign exchange market there is little or no 'inside information'. Exchange rate fluctuations are usually caused by actual monetary flows as well as anticipations on global macroeconomic conditions. Significant news is released publicly so, at least in theory, everyone in the world receives the same news at the same time.
Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX currency is expressed. For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.2045 dollar.
Unlike stocks and futures exchange, foreign exchange is indeed an interbank, over-the-counter (OTC) market which means there is no single universal exchange for specific currency pair. The foreign exchange market operates 24 hours per day throughout the week between individuals with Forex brokers, brokers with banks, and banks with banks. If the European session is ended the Asian session or US session will start, so all world currencies can be continually in trade. Traders can react to news when it breaks, rather than waiting for the market to open, as is the case with most other markets.
Average daily international foreign exchange trading volume was $4.0 trillion in April 2010 according to the BIS triennial report.
Like any market there is a bid/offer spread (difference between buying price and selling price). On major currency crosses, the difference between the price at which a market maker will sell ("ask", or "offer") to a wholesale customer and the price at which the same market-maker will buy ("bid") from the same wholesale customer is minimal, usually only 1 or 2 pips. In the EUR/USD price of 1.4238 a pip would be the '8' at the end. So the bid/ask quote of EUR/USD might be 1.4238/1.4239.
This, of course, does not apply to retail customers. Most individual currency speculators will trade using a broker which will typically have a spread marked up to say 3-20 pips (so in our example 1.4237/1.4239 or 1.423/1.425). The broker will give their clients often huge amounts of margin, thereby facilitating clients spending more money on the bid/ask spread. The brokers are not regulated by the U.S. Securities and Exchange Commission (since they do not sell securities), so they are not bound by the same margin limits as stock brokerages. They do not typically charge margin interest, however since currency trades must be settled in 2 days, they will "resettle" open positions (again collecting the bid/ask spread).
Individual currency speculators can work during the day and trade in the evenings, taking advantage of the market's 24 hours long trading day.
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he Amazon Trade-In Program allows customers to receive an Amazon.com Gift Card in exchange for over a million eligible items including DVDs, CDs, video games, electronics, and books. The process is easy and convenient with free shipping, an immediate offer, and no required registration or listing.
How long will it take to receive payment once I trade in my item?
Depending on your location, Trade-in submissions may take up to 10 business days to arrive before your submission is processed. The packages you sent can be tracked anytime in Your Trade-in Account.
Once your item is received and verified, you'll receive an e-mail notification within 2 business days informing you whether your items were accepted or rejected. You can find the status of your trade-in anytime in Your Trade-in Account. Once your trade-in has been paid, you'll see the amount when viewing your gift card balance.
What condition do my items need to be in?
In general, all items must be in at least acceptable condition and the item you wish to trade in must match the exact version displayed in the Trade-In search results or on the product page on Amazon.com. You can find the full condition descriptions by visiting our Eligible Products and Condition Criteria page.
Are there any shipping or other fees?
When using the pre-paid shipping label, shipping trade-in items is completely free, and there are no other fees. When submitting a trade-in, customers will print a pre-paid U.S. Postal Service shipping label for sending in all items. If a trade-in item is not accepted, and is returned, there is no cost for return shipping.
What do I do if I lost my shipping label?
You can print a shipping label at any time by going to Your Trade-in Account and clicking the Print Shipping Label button on the trade-in order.
If you have multiple packages or other shipping questions, check out our Packing and Shipping Instructions.
Can I trade in an item that isn't listed in the Trade-In Store?
If your item is not listed in the Trade-In Store, then we currently do not have an offer for it. However the Trade-In program is being constantly updated with new titles, so check back regularly.
Do you guarantee the Trade-In price listed on your website?
Yes, if your trade-in is postmarked within 7 calendar days of submission and the item meets or exceeds the product eligibility criteria.
Who do I contact with questions about my trade-in?
The most recent status of your trade-in is available online anytime in Your Trade-in Account.
If you need help submitting the items you want to sell, you can contact Amazon Customer Service via phone, chat, or e-mail by clicking the Contact Us button on any Help page.