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Project Payday - More Info

Last week for Works for me Wednesday over at RocksInMyDryer I posted about my newest find for easy online money making, Project Payday.
For that post, read here.

This week, I thought it appropriate to take it a bit further and tell you a little bit about how it works. It really is the easiest way I have found to make decent money online without spending a lot of time on it.
If you are organized (this is a must) and have about an hour a day, 3 days a week to spend online, then you can easily make $100 a week.

Project Payday is a free tutorial site that teaches you how to get started in freebie trading.
You know those sites that tell you you can win a prize by signing up for sponsor offers? Well, those sites are legitimate sites, but they require you to refer people to complete the offers also, and chances are, you would never be able to get these referrals on your own. That's where freebie trading comes in.

Say a site offers a free iPhone if you get 5 people to sign up as referrals and complete 3 offers to get credit, and then the site will send you the prize. An iPhone is worth about $400. So if you pay 5 people to $40 each to go to the site, register, and complete 3 offers to help you qualify to win your iPhone, you're paying out $200 and getting a prize worth $400, that you can then sell on Ebay or wherever.
That's just a scenario of how this all works.

In the beginning, you wouldn't be paying people to be your referrals and earn you an iPhone (or some other prize). You would be one of those referrals, getting paid by someone else to help them earn their prize.

There are forums set up where many people post the sites they need referrals on and what they pay for them. The traders on these sites are rated with a feedback score (much like Ebay) so you will know who is honest and how many successful trades they have completed in the past.
You choose who you want to trade with, and you send them a message and agree to the trade.
You then go to the site through their referral link and register, and then you look at the offers available on the site for completion. You choose the offers you want to complete to get credit as a referral. Most of the offers are trials for products or services, many are free or very inexpensive ($1 or $1.95). The reason I said that it's important to be organized is because you want to be sure to cancel the services that you don't want to continue with BEFORE the end of the trial period. I have a spreadsheet I made to keep track of each offer, and I write down the company's contact info, and when and how the offer needs to be canceled by.

Often, these offers can be completed and credited in an hours time, and then the person who referred you sends your payment immediately to your paypal account.

I made $150 doing this in the first 2 days I tried it. The offers were easy and quick, and I have enjoyed it very much. Once I had a couple hundred dollars in my paypal account, and 5 good feedback scores under my belt, I decided that I wanted to start paying people to complete offers as my referrals. I don't bother with sites that pay out iPhones or X Boxes as prizes. I chose sites that have $60 cash sent to your PayPal for a prize, and I only need one referral to earn that. I pay my referrals $45 to complete a credit as my referral, and I get paid $60. That's $15 profit every time someone completes offers on the site for me. I do nothing but email and correspond with my traders. Easy money.

If this sounds like something you'd be interested in, go to Project Payday to read up on their free tutorial. You can comment or email me if you have any questions!

::EDIT:: If you do sign up and want to contact me on the Free Lunch Room forum, my id there is LavonneJ, and here is a link to my thread. I would love to trade with you and walk you through it step by step so you can learn the ropes and we both can make money!

2 comments:

  1. greenmama said...
     

    Hi there, how long have you been using this? Do you find you get a lot of spam in your inbox?
    Thanks!!

  2. Lavonne said...
     

    greenmama-
    I started Project Payday on Feb 21, and I have made about $625 profit since then. I spend about a half an hour a night posting on the forum, and about an hour after posting just sitting by the laptop so that I can be available to set up trades if someone replies to my post.

    I don't get as much spam as I expected I would when I started this, but I do occasionally get some. About 4 emails a day get sent to my spam folder. To avoid this altogether, you could set up a separate yahoo or gmail free email account to use when signing up for offers.

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