Freebie trading, a massive online industry, brings companies paying people to try their products or services together with the people willing to try those products and services. Individuals involved in freebie trading both try products and also pay other people to try those products. An individual who is first starting out will complete method 1. For long-term income, they will then move to method 2, in which they pay other people to complete offers. Their source of income is the difference between what the freebie site pays them and what they pay their referrals.
Cash Flow of Freebie Trading
The first thing to know about freebie trading is how the money is flowing. It is a four-step process. Companies pay freebie trading sites in order to get people to try their services and products. The freebie trading sites then pay other individuals for referrals. And finally, those individuals pay the people they refer. For a more complete explanation, see Freebie Trading: What It is and How It Works.
What is Method 2?
A person starting out in freebie trading first completes offers (or "goes green") on various sites in return for payment. This is called method 1. (For more information, see Starting Freebie Trading: Method 1.) Method 1, while a necessary step, is not a long-term source of income- all offers can only be completed once and there are a limited number of offers that are worth doing.
Method 2 is the second part of freebie trading and is what provides long-term traders with the bulk of their income. In method 2, a person is now being paid directly by the freebie trading site for each referral that they send to that site. The majority of work done in method 2 will be in guiding new traders through method 1. Income is much easier in this stage as there are no offers to complete or trials to try out. A person simply refers a person to a site and gets paid for it. They give part of that income to the person they referred.
How to Find Referrals
Obviously, the limiting factor to income in method 2 is finding referrals. Most people find referrals by joining a freebie trading community. These are sites that are in place in order to connect people in method 2 to those in method 1. These sites can vary in many aspects.
- Some charge a fee to join and others are free. Do not pay a large fee to join any freebie trading community.
- Some sites allow those in method 2 to directly contact new traders. Others require that they wait for new traders to contact them. People in method 2 must attempt to obtain referrals on the latter sites by posting eye-catching discussion threads in various forums.
- Most sites have a trade manager, in which both parties (those referring and those being referred) can agree on the terms.
- Freebie trading communities and forums come and go. Some that were popular two years ago are shut down now. Some new sites are limping along while others will be successful.
The two best ways to find new referrals are to join a reputable and honest freebie trading community and to set up your own website in which you answer questions, offer trades, and post information.
The Real Source of Income in Freebie Trading
The real source of income in freebie trading is from method 2, meaning finding referrals. A friendly personality and knowledge of the industry are essential to finding and maintaining long-term business relationships in this step. Like all businesses, those who want to make an income in the long-term should remain dedicated, maintain honesty with their clients, and keep detailed records. Freebie trading is a large online industry that anyone can try.
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