This is just a follow up to my last couple of posts in which I was paid money directly into my Paypal account. This entailed me completing a few offers at a couple of those incentive sites that give away those free Ipods, cash directly into Paypal, etc. However, I didn’t sign up with these sites directly, but instead signed up using someone’s referral link. By doing this the person that I signed up through agreed to pay me $23 once I completed the offer requirements.
After doing a few of these I quickly realized that I liked having money directly placed into my Paypal account for very little effort, but there was a catch that I quickly realized. Almost all of these freebie sites have the same offers, therefore after completing the offer requirements at a handful freebie sites I quickly ran out of offers to do. That is unless I want to apply for numerous payday loans, but I’m just not that comfy handing out my bank account info to a bunch of websites.
So with that I realized that the only way to make continuous money with this type of plan is to either pay new people (much like I was) for signing up and completing offers or creating a freebie site of my own. The first option has lots of opportunity, but there is tons of competition on the various freebie boards for this. Option two I feel will provide a much higher profit margin, but will require a $300 script to start, then will need some serious advertising and some unique offers that none of the other freebie sites are doing to be able to pull a profit. Since most of the offers that require completion inside the freebie sites are provided form CPA companies, this part is already done since I promote for three different CPA companies already.
So will I continue with this type of money making? Actually yes, on a part time basis. My current plan for this is to make enough money through paying others to complete offers using my referral at various freebie sites, then use my share of the profit from this to purchase the freebie site script. It might not make me millions, but it will certainly push me further down the road towards it!
