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. Due to the lack of jobs in today’s economy, more people are turning to this work at home business as a source of extra money.
Freebie trading starts with something called an incentivized freebie website. These are special web sites that offer trial offers, hundreds of different products and cash and prizes, like iPhones, Xbox360s, and plasma TVs. These offers come from some well known companies, but also with less reputable companies like online psychic services.
Incentivized freebie websites, or IFWs are not permitted to pay you to try their products that are advertised, but they can pay you to refer customers to them that you can then share with your referrals. These commissions can range from between forty dollars to one hundred and twenty dollars a customer.
However, there is a dark side to freebie trading. Some people complain about being forced to give out too much personal information. Other people run into problems when it comes to completing trades and getting paid. If you sign up for some 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 is employed by a debt collection company. Also she composes stories on business and finance, consumer spending and debt collection.