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Sunday, February 11, 2007

Making money from the web

Now that i run my own buisness i have found time to try and enlarge my earnings using the net, ebay is a great source, as i can sell stuff that i don't need ,or even sell stuff that i manufacture {like water features i build}. In the last few days i have sold about 50 bucks worth of stuff, and it seems there are some cool people using ebay to get a bargain. so i have have a great deal of confidence in the ebay system. The other alternative is online surveys and compitions. At first glance it sound very rewarding to join such sites to earn "reward points" which accumulate to real money rewards, but can you really get money for opinions? In the last few days i have signed up for a dozen or so of these type of money making options and so far it looks like i have $1.80 worth of rewards.

Basiclly most sites offer you a chance to accumalate reward points, the more surveys you answer the more money you are offered, but is it really worth my time to be involved in such offers.The typical advertising behind these sites is answering questions to make money, the more surveys you answer the more points you are rewarded, meaning the more money you can "aquire".
So far it seems i have spent alot of time answering questions, with very little "reward points" being given, but the main premise is "we will email you more surveys which offer better reward points, and so far i haven't received any of these high paying surveys. Now ,although i have only been involved in these sites a few days i just have to wonder if these promises will be fulfilled. Who knows , i may just be inendated with high paying surveys very soon, but chances are the original questionare is there main focus. Of course market research plays a huge role in larger buisnesses, they want to know what people are willing to purchase via the net, but the chances someone can make decent amounts of money just by answering a few questions seems a bit too good to be true
What i did notice is that the majority of these sites offer a bonus if you "tell a friend", similar to a multi level marketing buisness. They say"Tell ten friends, and when those ten friends tell ten freinds each we will give you ....such and such" . a paticular example was a site i saw which claimed it would give me a digital camera or an xbox 360 if the above process was fulfilled. I looked through my contacts and thought "fuck yeah, i have ten people to email" but then i also thought "those ten people wouldn't be bothered emailing ten people and would delete the email as soon as they read it." and a spose i would be the same.
A little bit later i realised there are alot of people who are looking to make a few dollars via the internet, in one way or the other, and a wondered if there was a way to use contacts in such a way to build up process of "recomending"

For instance, it's extremely easy for me to make another email adress, lets say i made one "damos surveys@hotmail.com" and then ten people who read this blog sign up for an account using "there name"survey@hotmail.com. i would be able to recomend that paticular account as a potential person to survey. you would then log into the site , complete the survey and then be given the choice of "recomending a freind" Now this is where the catch is....

if you were then to reccomend ten contacts, and the other nine people did the same. i personally "would" {unless theres a loop hole i do not see} be rewarded a digital camera. Now of course that means there are 100 people involved in the system, but the internet has millions of people hunting for "money making options" but the beauty would be the system would be there "to be utilised the next time a survey panel offers such a reward system"

What it really means is having a seperate account for "surveys"which you log into maybe once a week, surveys which are found by me. Alot of of the surveys don't actually give you an actual prize , they might give you extra "reward points" but if you accumalte these points and prizes it's money you can make just for a few minutes of your time.

Of course at this stage the only person benefiting grately would be me, except for minmal reward ponts gained by yourself, but once ten people are my contacts, any other person to join would be added to your system, below you so as you yourself would have a contact list of ten.

Once a system is set up, the only real thing for each person to do is check there emails for surveys, complete the survey then " recomend all of there contacts to the site"

To me, i think it would work, and prizes/bonuses could then be sold on ebay for profit, and also the sites do give you a little bit of money for the involvement. My counter says nearly 1000 people have seen my site, if only 25% of those people reacted to such a system that would mean 250 people would be invoved, which would bag myself and quite a few others a substantial reward.
I would apreciate any feed back on the system, positive or negative. tell me what you think and we could always give it a trial run to see if it works







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