subject: How Legit are Free Offer Sites? [print this page] Many sign up for free offer sites and the number of offers has multiplied. It shows an increase in growth and users can get enough of free offers. The owners are earning big which why the model is attractive. The basic free offer model is incentives known as forced leads. To put in simpler terms, it starts with the advertiser or cost per acquisition kind. Advertisers in all forms offer cpa to affiliates who promote offers.
When a new user signs up, the affiliate makes a commission. Here is how the incentive part works. The affiliate of the freebie site owner shares commission with the user. Sharing revenue can meant he user gets a free Xbox or Ipod. Cash back rewards have become popular and some users have earned big buying them. Cash back reward sites gives users back a percentage of what they spend. Another type of offer sites gaining popularity is points for shopping. When users earn enough points completing offers, they use them to shop for merchandise.
Besides earning money, another thing that works in the owners favor is viral marketing. Word of mouth spreads like a virus from one person to another. The reason is the user gets rewarded for referrals. One end of the deal, users need to complete an offer for themselves and refer a certain number for users to do the same in order to claim the reward. You earn a certain cash or point bonus for every referral. Say you get 10 points for referring 10 members. This entitles you to 100 points to trade for gifts. You also earn fro their referrals. Some sites have two to four levels of referrals so you could earn quite a bit.
This is all good from the users prospective but what makes free offers sites attractive to owners? The answer is revenue. For instance, suppose the site owner is offering an ipod for 8 referrals. The user must register on the site, complete the offer and refer eight members. Then ,they get the gift but there is a catch. Around ninety per cent of users fill out the offer and refer one to three members. If the user has no knowledge on how to gain referrals, the deal is over. The site owner generate $25-$30 in revenue and di not have to send a gift. The profited twenty dollars from doing almost nothing. The owners hope the users get frustrated and give up trying to get referrals.
Revenue sharing is another reason free offer sites attract users. When members complete offers they can up to 60 % commission on $1000 of offers. The owner pockets 40%. Both business models bring a third stream of revenue which can be exploited depending on knowledge. Freebie sites can generate thousands of leads per week . This means many emails can be opt-in or the owner can draw users with various marketing techniques.
Smart owners will know the right offers to give the growing list and open up another source of income. On the dark side of free offer sites, spammers catch onto this principal. Instead of using lists wisely, they throw every offer until the user leaves in disgust. Some of the largest operations will do most anything to make a quick buck. Free offer sites can earn the users nice gifts but caution must be exercised to find them.
