How to Use Freebie Offers to Generate Residual Income Online.

In recent years freebie offers have transformed themselves from a simple marketing method to a viable income producing venue. For the savvy internet marketer the question becomes, how can I incorporate freebie offers into my arsenal and how can I get the most benefit out of them? And perhaps most importantly, how can a leverage my efforts in freebie offers into a residual passive stream of income?

What are Freebie Offersr
Basically stated, they are an offer of an item or a dollar amount given away for “free”. Items offered can vary from ipods and iphones to household appliances. The web is jammed with sites promoting these freebie offers just begging for your attention and patronage.

“Now wait a second” you may say, “Why would someone give away something like that free?” Good question. The answer is, “free” is a relative thing. You are going to have to work for it and technically, it might cost you…just a little. We’ll get to that point later.

How They Workr
Okay, your typical offer goes like this. A website, let’s call it “videogames4free” is offering a “free” Xbox 360 or if you prefer, a $240 Pay pal credit. All you have to do is complete a few “offers”, refer 6 more people to do the same, and it’s all yours. The site lists several, maybe dozens, of “offers” for you to fulfill. They may be trial offers for products, magazine subscriptions, a request for an insurance quote, almost anything.

Some are totally free, some have a free trial period after which you will be charged a set amount, and others require an actual purchase. In any case, when you fulfill the offer you are awarded credits. Once you accumulate enough credits you have completed the “offer” portion of your task. This is referred to as “going green” in the industry.

Next, you have to refer 6 other people to do what you just did. Now this is often the tricky part. Typically you talk to your friends, acquaintances and workmates and try to encourage them to signup. Generally speaking you make yourself a real pain in the backside. There is a better way, but we’ll get to that in a minute. So, after you get your 6 people to “go green” you have now fulfilled all the requirements for your prize. Just submit a request to the site for your reward and it will be processed accordingly.

Too Good to Be Truer
Sounds simple enough, but how can the site owner afford all this? Well all those offers you did, trials, samples, purchases are a form of advertising for the suppliers of those products or services. As such they are willing to pay a small amount of money to the website owner for referring you, a customer, to their product or service. Now it may not be much, but with enough individuals such as yourself fulfilling these offers, the commissions really add up.

And think for a minute. The website owner only has to pay out if you both fulfill the offer portion and get 6 others to do the same. What happens if you do your part with the offers and then you can only get 5 others? Yep, that’s right, nothing. The webmaster doesn’t have to pay out anything even though he earned commissions on all those offers. So in the long run he’s only going to have to pay out on a percentage of those who sign up.

There’s Strength in Numbersr
So here’s where it gets easier. So let’s say for a moment that you’re going for the cash award of $240. You need to fulfill your offers then get 6 others to do the same. Well instead of trying to go out and scour the universe for 6 willing souls, would you be open to the idea of paying those 6 people $20 each to fulfill their offers? You get the full $240 and pay out $120 to your 6 “helper”. You only get half the money but you didn’t have to work to find your 6.

So where do you find these type of willing individuals. Well, fortunately for you there are sites dedicated to putting freebie offer participants together. A couple these sites that you can visit are located at anything4free.com and calistyle101.com. Once you’ve signed up for free you can begin trading with the online community. It may sound like a lot of work but believe me, once you get the basics down it becomes a simple and quick way to make some extra money.

Freebies for the Futurer
So we mentioned earlier the prospect of using freebie offers for long term residual income. Now typically once you work a freebie offer it’s a done deal, you just move on to the next one. But there is one company that takes this concept of freebie offers and turns it into a long time cash cow. Wealth Creations Network is designed and set up to help internet marketers succeed in whatever business opportunity they are passionate about. It might be freebie offers, affiliate marketing, or Tupperware. And it’s all funded, not by charging the members a red cent, but by the power of freebie offers. Check us out at Wealth Creations Network. It’s a freebie!