Freebie Sites – what are they?
Thank you for visiting my site. If you are searching the web for information on Incentivized Freebie Websites (IFW’s), you are probably like I was when I stumbled across the idea. At the time I discovered IFW’s, I was writing a section for a book on sales and marketing. I was doing some research on internet marketing companies and decided to take a look at some of the more popular work-from-home business opportunities and how they were working out for people who tried them. Of course I ran across a lot of scams and complaints from people who were taken advantage of or misled on their earning potential.
When I started researching Freebie websites and Freebie Trading Forums, I was consistently impressed with how satisfied the participants were. It surprised me somewhat because on the surface it sounded too good to be true. However, after considering the amazing value associated with Google’s online programs, I realized that the advertisers are so motivated to find new customers that they are paying for it through cash and prizes.
Here’s an Example of a Popular Freebie Offers Website
When you consider the high cost of getting new customers in the offline world, the efficiency of online marketing is so great that corporate advertisers are providing powerful incentives to win customers over. It’s this continual need for new customers that creates a business opportunity for you to begin making money right away. To gain a better understanding of how this particular example above (logitech electronics company v-bux.com site) functions you can go to the site and click on their Frequently Asked Questions http://logitech.v-bux.com/faq.php. Keep in mind every offer site is unique and there is a lot of “fine print” in the offers. I will tell you more about some of the more popular sites and how they operate in other training resources here at TradeWithDave.com.
This Is Not A Get Rich Quick Scheme
You can start earning money as early as today with little or no investment. We’ve all seen the banner advertisments on website where you can win a free prize, or get paid to complete surveys. Incentivized Freebie Websites are all about organizing these offers, allowing you to complete these offers and find other like-minded entrepreneurs who will work with you to complete these offers and get paid cash in the process. This is simply part of the advertising industry and a way for companies such as Blockbuster or Logitech (in the v-bux.com example above) to establish an online relationship with you and the other people you will refer to them to win your prize or earn your cash.
There are a few things that you need to know before you delve into Freebie Trading. Because of the way that the leading trading forums and the offer sites are organized you will need to have a few basic tools to get started. You will need to have a verified Paypal account (www.paypal.com). I will also provide you with a glossary of industry terms and access to training resources.
Why am I doing this?
If you decide to become active in the freebie industry and my site was helpful to you I will ask you to simply bookmark this site and tell other people about www.TradeWithDave.com. You can tell them that this is where you learned about Incentivized Freebie Websites. If you are willing, I also offer a simple survey that you may complete in less than three minutes. The survey helps us to share information on New Freebie Offers, Offer Sites and Trading Forums. We also publish regular freebie industry reports and you may sign up to receive those reports for free via email.
If you decide to work actively with freebie websites, you will also need a computer, an internet connection and an email address. Although you don’t have to have a credit card to get started, you will need one if you are going to participate in the most lucrative offers. There are also a few things you will need to learn to protect yourself from online scammers. The most typical scam would be for you to work several hours completing the offers at a website such as http://logitech.v-bux.com on behalf of a member of a trading forum only to never get paid. That’s why you want to work with reputable traders and I will provide you with guidelines to help you screen out potential scammers. If you have ten friends who will help you sign up for offers, you could simply go to http://logitech.v-bux.com and work as a group and start signing up right away. Most people don’t want to ask their friends and family to do that, so that is why the trading forums are so important. That is where like-minded folks get together to gather referrals and complete the offers.
Why Will I Need a Credit Card? It Sounds Risky
Let me take a moment to explain how you would sign up for most offers and why a credit card is sometimes needed. Many companies will have a special offer where you can win a Free Ipod for example by signing up for their offer and also getting ten of your friends to sign up. With this type of offer you may be able to make $20 by signing up and participating through a Freebie Trading Network or $200 if you organize the referrals yourself. However you may have to pay $1.50 for example, to participate in one of the multiple offers required to complete the site. To pay the $1.50 is when you would need a credit card. There are plenty of offers however that require no payment at all and no credit card is required, but it is typical for a free offer from a company such as Blockbuster to also require a small payment to participate.
The company that you should be giving your credit card to are the advertising networks and agencies for reputable companies such as Blockbuster, not the individual traders. These companies need to make sure that they are signing up real people with valid credit cards and in most instances offers are limited to one per family and one per home address. As credit card merchants these companies are subject to a certain level of scrutiny and they also have access to consumer databases to verify that the participants are real people.
Are IFW’s About Prizes, Cash or Both? Why Would A Company Pay Cash for Referrals?
The reason why companies are so willing to make the lucrative offers that have created these cash-earning opportunities for Incentivized Freebie Websites (IFW’s) is because the people who sign up for the offers are real people, with real addresses and real credit cards. To participate in IFW’s, you will need to use real information about yourself, correct mailing address, etc. If you don’t provide real information, you will be banned from the networks and unable to participate. All of the most popular IFW sites offer both prizes or cash. For example they may offer a free Apple Ipod, or cash instead. The cash will be less than the retail value of the Ipod, but it will still be close to the value of a new Ipod. You may be saying to yourself, why would companies do this if people are merely signing up to get the money and then cancelling the offers as soon as they are allowed. That’s a great question. Since I have spent twenty-five years in marketing and advertising I knew right away why this would work for companies and why it had the possiblity of being a legitimate business.
The reality is that if you actually sit down and complete an offer, even if you’re only interested in the financial benefit, the company has still had an opportunity to expose you to their product. Now, if you’re not careful and you don’t read the fine print and don’t follow the rules associated with the offer (such as cancel after 30 days – remember the old Columbia Records direct mail deals) the companies will actually make money off of you because you have agreed to be charged for some service or product when you signed up. This advertising method works for companies because the people doing this are real people and all real people need products such as cell phones, laptops, televisions, dvd players and a significant number of people who get into freebies simply to make money actually end up buying some new products and services that they want for themselves. Secondly the companies have certain rights to market your information. These rights vary from one offer to the next, so read the fine print in your offers before signing up. I’m not talking about these companies sharing your confidential credit card information, but rather marketing information such as a mailing address, email address and behavioral information such as the type of products you are interested in and when you purchased them. However, the possiblity always exists of any company’s computer systems to be hacked such as the national news story when T. J. Maxx and Marshalls computers were violated and consumer credit card information was compromised. You can read the details about that story here. http://news.cnet.com/T.J.-Maxx-hack-exposes-consumer-data/2100-1029_3-6151017.html. This type of security breach can happen to anyone. If you don’t want to risk this type of thing ever happening to you, then you would need to close all your bank accounts and cut up all your credit cards and never leave your house.
You will need a few tools (internet connection, email, Paypal account and a credit card) and it may take you a few hours to figure out how the system works, but it is not difficult. If you can read, type and fill out a simple form with your name and address you can make money with Incentivized Freebie Websites. There are about a dozen different ways to make money in this industry and we will use this website to explain the different approaches to you. You should plan on spending at least a few hours reading up on the different aspects of Freebies before deciding the approach that works best for you.
Take Your Time, Do Some Homework, Then Start When You’re Ready
You should bookmark this website now so you can get back here and you should also search the web for other people who have been financially successful with Incentivized Freebie Websites and Freebie Trading Forums. Keep in mind that like most businesses, if you area disorganized or not careful in who you trade with you can lose money, or at least you may not be paid. A small percentage of the people that are involved in IFW’s are not legitimate. There are ways to help identify these people and greatly reduce you chances of loss. Sometimes an offer such as Blockbuster will require you to cancel within 30 days or you will be charged a fee. You need to read the terms carefully on each offer you complete and be prepared and organized so that you remember to cancel the offer and avoid being charged.
One of the more difficult concepts to understand when you are first learning about the freebie industry is the difference between signing up for offers (for example http://logitech.v-bux.com) as compared with being a trader on a popular forum such as www.freelunchroom.com. To simplify it, a trader is someone who is looking for people to help them complete offers by doing what is called “going green” on a site such as http://logitech.v-bux.com. In other words, you can complete the offers yourself and get your friends and family to help you win a free gift (or cash) from a company like v-bux.com by also completing the offers, or you can go into the business of helping traders complete these offers. If you work for a trader and help them complete offers then they pay you cash into your Paypal account. For example, the trader may be receving $200 for completing an offer and it may require 5 referrals to complete the offer. The trader may pay you $20 which is half of your $40 share of the $200 payout divided by the five people who helped the trader complete the offer. In this example, the trader makes $20 x 5 = $100 and each of the five referals makes $20 each. That totals $200. The freebie websites such as v-bux.com make money by the fact that the companies that are making the offers pay the freebie site (for example http://logitech.v-bux.com) to direct consumers to their offers. Essentially the freebie websites are selling access to consumers and organizing the process which creates the possiblity for the referrals to be managed and organized which creates the need for trading forums such as www.freelunchroom.com (and others).
The beauty of the IFW industry is that you can start small with little or no money. You can begin earning extra cash right away deposited directly into your Paypal account and then into your bank account. You can work on your own schedule. It would not be uncommon to earn $100 per day for an active trader. You can spend as much time as you like at our website learning the ins and outs of IFW’s. Take your time and I wish you a prosperous future. Like most things in life, you need to be organized, have common sense, use care in selecting the traders you work with, the freebie sites you join and the actual offers that you complete.
Sincerely,
Dave
P.S. There is more information available on this site to help you educate yourself on the freebie industry. If we have been helpful to you, please tell your friends about TradeWithDave.com, complete our short survey and sign up for our free email reports.