Freebie Trading- Get Rich Quick Or Get Rich Scam?
Freebie trading, a controversial moneymaking ploy utilizes online forums, You Tube videos, personal websites and various other marketing techniques to drive traffic to web sites that advertise a variety products and trial offer in exchange for a fee. Freebie trading differs from other kinds of affiliate marketing because it includes people who make an agreement to purchase products from these sites on one another’s behalf, for a cut of the commission that results in exchange.
Freebie trading has turned into a multimillion dollar industry these last few years in which people that work from home have the ability to earn incomes of as much as five thousand dollars a month. Because our economy is so full of unemployment and underemployment, many people are picking this business as a source of extra money.
Freebie trading begins with what is referred to as an incentivized freebie website. Incentivized freebie websites are special sites with trial offers that include hundreds of different products, cash, and prizes such as iPhones, Xbox 360s and plasma TVs. Some well known companies offer these incentives, however less reputable companies such as online psychic services can be found on these sites as well.
Incentivized freebie websites are not permitted to give you money for testing their stuff that they advertise, but they are permitted to pay you to refer customers to them. In theory, the proceeds would be shared with your referrals. These commissions can span from forty dollars to one hundred and twenty dollars a customer.
On the other hand, critics still remain wary of freebie trading. Some critics are quick to point out that they are prompted to dish out a lot of personal information, perhaps too much. Problems arise when it comes to completing trades and obtaining payment. Also, if you sign up for trial offers then make the simple mistake of forgetting to cancel the ones that you don’t want, you could get stuck with charges on your credit card. Finally, some people say that they just haven’t reaped any money as a benefit, while others who manage to get money for their trades might find the whole process time consuming and tedious.
Mallory Megan works for Rapid Recovery Solution and writes articles on medical collection agencies. This article, Freebie Trading- Get Rich Quick Or Get Rich Scam? has free reprint rights.
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Posted: July 30th, 2010 under Finance.
Tags: bad debt collection agencies, business debt collection agency, collection agency fees, Collection agency quotes, commercial debt collections, Debt collection quotes, Finance, international collection agency, marketing, scams, wealth building