Freebie trading, an online moneymaking plot involves using online forums, You Tube videos, personal websites and other marketing techniques to steer traffic to web sites advertising a number of products and trial offers in exchange for a fee. Freebie trading differs from other forms of affiliate marketing because it involves people who agree to purchase products from these websites on one another’s behalf, for a piece of the resulting commission in exchange.
Freebie trading has evolved into a multimillion dollar industry in the past few years where people that work at home can make incomes of as much as $5,000 a month. As the lack of jobs in today’s economy persists, more people are turning to this work at home business as a source of extra cash.
Freebie trading begins with something called an incentivized freebie website. These are special web sites offering hundreds of different products, trial offers, and cash and prizes, like iPhones, Xbox360s, and plasma TVs. Some of these offers are from well known companies, but also with less reputable companies like online psychic services.
Incentivized freebie websites, or IFWs are not allowed to pay you to try their advertised products, but they can pay you to refer customers to them, which you can then share with your referrals. These commissions can range from between forty dollars to one hundred and twenty dollars a customer.
But, there is a dark side to freebie trading. People have complained about being forced to offer too much personal information. Other people find themselves scammed when it comes to completing trades and getting paid. If you sign up for a few trial offers and forget to cancel the ones that you do not want, you could get stuck with charges on your credit card. And those who manage to get money for their trades may find the whole process time consuming and tedious.
Mallory Megan works for a debt collection agency. She also composes stories on business and finance, consumer spending and collection agencies. Click here to get your own unique version of this article with free reprint rights.
