Update 2009 - This post is out of date - Disregard and move on...
I thought this would be a good time to recap the last month's achievements... or lack thereof. If you have been keeping tabs I have ventured into several different money making enterprises and posted articles on several of them. I would like to update you on the progress of these programs and recap my opinions of them. Needless to say but as usual more money left my wallet than I was able to replace but I was sucked into several new schemes that I just had to check out. I don't think us get rich quick "junkies" can resist the temptation to try out every crappy thing that comes along.
It's a Money Maker
In this category I would classify the following;
Free Viral Traffic Generator
This is basically a free upline/downline scheme that gets you traffic. I will grant you that most of the traffic is useless but a small fraction actually convert. In my case I haven't made any money directly from this program but I have a fairly good sized mailing list from it. The site I put on it gives away a free eBook on adsense if they sign up. So far I have almost 700 people on the list - not bad for a month of doing nothing. If I ever figure out something to sell this list will come in handy.
I have rejoined the list several times now with more of my sites. Traffic has slowly started trickling in and this time I'm trying to sell affiliate programs. I'll let you know if it generates any direct sales. I'm hoping it will as it converted sign ups fairly decently.
The Ultimate Super Tip
I love this one. It is turning into my best money maker. Every day I get a paypal message saying I just made another $10, some days as much as $40. This is unbelievable in the sense that I haven't promoted this hard at all. The guy behind this is very clever and it works like a charm. I keep meaning to spend a little time on this but I'm to lazy to work that hard. I am curious as to how much money could be generated with the Ultimate Super Tip, so if anybody can enlighten us - leave a comment.
Project Payday
I have mixed feelings about this program - it works fine but it takes work. I use it every day and make enough money to blow on other get rich projects. Don't get me wrong, the work is not hard by any means it's just too boring for me to spend much time on it. It is nice as a little cash generator when you need it. I can't imagine how much work would be entailed to make a lot of cash from it - I'm sure some people put in the effort and good for them. Not my cup of tea though.
The "freebie" process entails signing up for a web site which offers a product you are interested in, then completing a trial offer (such as AOL, Blockbuster Online, eFax, Columbia House, etc...) and finally referring X amount of people who must also complete an offer (the actual number of people required depends on the desired product).
Why do these companies give away products?
Well, they are paid by affiliate companies each time someone completes an offer. For example, if you sign up for a trial of Blockbuster Online, the company receives a commission for referring you. By requiring you to refer a certain amount of people, they are generating income to cover the cost of the free product.
Let's face it, it's not always easy to find people willing to sign up using your link and then complete an offer. Referral Swapper matches you up with other users who are also trying to complete free product websites. You can trade sign ups with other people to gather the amount of sign ups you need.
For example, you would like to get an iPod from FreeiPods.com. You trade with another user who wants a Sony PSP from FreePSPs.com. So, the other person signs up for FreeiPods.com using your link, and does an offer. You then sign up for FreePSPs.com and complete an offer. Now you each have one referral.
Another option is to pay people to signup with your link. For example, you offer $15 for people to signup on FreeiPods.com, and then pay them once they complete an offer.
Project Payday is really just a set of instructions and links. It tells you what to do and where to go. You can figure it all out on your own by joining one of the forums. The people making money with this are more than happy to explain it to the newbies - they need you as a referral and will not only tell you what to do but they will pay you to do it. Gotta love that. This only applies to you being paid for referrals. The other systems are a bit more complicated - ie. you pay other people for referrals to make even more money than you pay out. If I get ambitious I might explain how in another post.
Note: As of Sept 2007 the Project Payday course is now available for free. You can get it by simply trying out the system and filling out an offer on the Project Payday site and make 1 dollar in the process. I have cautioned against paying for this material in this post and several others but now that you can get the material without paying for it I would recommend you sign up and read it. - Grizzly
Ok that's enough, my fingers are sore so I will return next post with some of the losers I've forked out cash for.
Good Luck
Cheers,
Griz
No comments:
Post a Comment