First of all, I would like to point out that there are many web sites around that will promise you $100's and $1000's of dollars a month or week if you sign up for their site, the truth is, if it's sounds too good to be true then IT IS. Please be very careful when thinking about joining any of these sites. The fact is, they usually do have good information on how you could make some extra money online or get free products but the resources they give you is nothing that you would not be able to find yourself if you just knew where to look.
These IFW's or "Freebie Sites" as they are most often called actually will pay you to sign up for offers. We have all seen them, Blockbuster online rentals, Netflix, Credit Report companies and so on. These major companies pay the IFW's advertising dollars to get people to sign up for their products or services, usually through a low cost or free trial period. In return, by signing up for a specified amount of offers you are entitled to cash or product awards, and they really do pay.
There are several ways this works.
1. A trader makes accounts on various IFW sites and decides which cash or product awards he or she wants. Then the trader finds people to fill out the offers for them, also called "referrals" or "greens". By getting the correct amount of "greens" the trader is awarded the prize. Now you would not be the trader at this point, you are actually the referral, and where you make money is simple. The trader will pay you to fill out the offers. The only catch here is that you will have to sign up for a certain amount of offers in order to "go green" and get paid, but on the upside it will usually cost you only a few dollars and you can make around $25 - $30 on average per "green". The trader will pay you via Paypal as soon as you fulfill your obligations. There are several reputable sites where you can find honest traders, I have that information if you are interested.
2. You become a trader and pay others to fill out offers. The catch here is that you have to pay them for "going green" but the profit is usually good. You can offer to pay a referral about 50% or so (average) and you pocket the rest. For example, if you are a trader and want to make a $500 prize from an IFW and the requirement is 5 referrals, then you divide $500 in half, so you now have $250 that you know you will have to pay out and $250 profit in the end. So you divide the $250 payout by 5 referrals required and you know you have to pay your referrals $50 each, this can be adjusted as you like of course, but as a trader, the higher the payout, the more interest you will get. The problem with this is that as a trader you have to be willing to invest the money up front before you get your award.
As you can see, this is actually a legitimate way to make money online but it is not as easy as many web sites will lead you to believe and it definitely won't make you a superstar Internet millionaire over night.
Good luck in your online adventures and please feel free to contact me if you would like to know more.
Published by Anonymous
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