Is it true you can make Big Money with Project Payday?
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Written by: andrewmlmsmith
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Date: Sun, 4 Dec 2011 |
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... What you do is send your receipt in, and you allegedly get paid $20 for your time and effort, because you have to take the time to cancel the automated monthly shipment of acne remedy which you may not have realized is going to get charged to your credit card monthly.
Great deal uh? You pay five greenbacks and get back $20 so you made $15 profit. The affiliate that referred you also makes a nice tiny check because the acne cure company paid them a good commission to obtain a new sale. Seems like a great situation. Or are you scratching your head?
Is Project Payday a Truthful Technique to Earn a Couple Of bucks?
Project Payday is a system that is intended to teach folk how to earn royalties promoting "cost per action" offers, but unfortunately these methods are highly controversial, like the example above.
Are you acquainted with CPA offers? These regularly start with a trial offer, perhaps offering something for which you just have to pay shipping and handling, the hope being the company will get additional sales and payments later .
All those garish banners that you see online offering you iPods for a penny, free cash or computers if you fill-in the form or complete a survey, are all just a part of this cost per action incentivized scheme. These incentivized freebie internet sites as they're called, are all part of the same marketing model as Project Payday falls under.
That is not to say you will not receive your free iPod after filling in a survey or checking boxes next to other associate offers that you're likely not interested in anyway, but listen to me there truly is a massive catch. This is just a way for the company to capture your personal information, and you might find that your acne cure cream is being delivered every month and being billed to your Visa card before you realize it everyone knows there's no such thing as free.
Of course there might be folks that are genuinely interested in a certain product and of course that's a different situation perhaps they really do need an once a month supply of acne cream! But this is an affiliate marketing scheme which basically bribes you into completing an offer and then tells you can cancel it straight afterwards the company whose product it is, is getting cheated.
The company is losing cash as it is paying the affiliate and you for doing something that's basically dishonorable and dishonest. Accordingly, the solution to any question about Project Payday will often include the phrase" no it is not ethical." But then if you have got no morals and are thrilled to collect commissions that way, then eventually if enough folks do it the company will ultimately go broke and you will basically be murdering the golden goose.
Suffice it to say there are plenty of folks making enormous incomes doing this part time by promoting these dubious CPA offers. The ones that make the serious money are those who can promote an offer in such a manner as to attract folks who may genuinely have an interest in trying the service or product. If you can master the science and art of marketing, you too could probably earn a respectable living doing this too.
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