This is how it functions. You sign on to receive a sample of something ; let's imagine it's an acne remedy. This product has a retail price of $50, but all you have to pay is 5 greenbacks shipping and handling. What you do is send your receipt in, and you in prinicple get paid $20 for your time and effort, because you have to take some time to cancel the automatic monthly shipment of acne remedy which you might not have realized is going to get charged to your Visa card monthly.
Great deal uh? You pay five dollars and get back $20 so you made $15 profit. The associate that referred you also makes a nice tiny check as the acne cure company paid them a good commission to get a new sale. Appears like a great situation. Or are you scratching your head?
Is Project Payday a Honest Way to Earn a Few Bucks?
Project Payday is a system that is meant to teach folks the easiest way to earn rewards promoting "cost per action" offers, but sadly these strategies are highly debatable, like the example above.
Are you acquainted with CPA offers? These often start with a trial offer, maybe offering something for which you only have to pay handling and shipping, the hope being the company will get additional sales and payments later on.
All those garish banners that you see online offering you iPods for a penny, free money or laptops if you simply fill-in the form or complete a survey, are all a part of this cost per action incentivized scheme. These incentivized freebie web sites as they're called, are all part of the same selling model as Project Payday falls into.
That's not to say you won't receive your free iPod after filling in a survey or checking boxes next to other affiliate offers that you're probably not interested in anyway, but listen to me there actually is a big catch. This is simply a way for the company to capture your private information, and you may find that your acne cure cream is being delivered each month and being billed to your credit card before you realize it everyone knows there's no such thing as free.
Naturally there could be folks that are genuinely inquisitive about a certain product and naturally that's a different situation perhaps they do need an once per month supply of acne cream! But this is an affiliate marketing scheme which fundamentally bribes you into completing an offer and then tells you can cancel it right 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 is fundamentally unethical and deceptive. Accordingly, the solution to any question about Project Payday will generally include the phrase" no it is not ethical." But then if you have no morals and are glad to collect commissions that way, then ultimately if enough folks do it the company will ultimately go broke and you'll essentially be killing the golden goose.
Suffice it to point out there are numerous people making enormous incomes doing this part-time by promoting these dubious CPA offers. The ones that make the serious cash are people who can promote an offer in such a way as to draw in people who may truly be interested in trying the product or service. If you can master the art and science of marketing, you too could probably earn a respectable living doing this too.
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