Well here's the lowdown on Project Payday:
This is how it works. You join receive a sample of something ; let's imagine it's an acne cure. This product has a retail price of $50, but all you have to pay is 5 dollars shipping and handling. What you do is send your bill in, and you allegedly get paid $20 for your time and effort, because you've got to take some time to cancel the automatic monthly cargo of acne cure which you won't have realized is going to be charged to your Visa card monthly.
Not a bad deal, right? You pay $5 and earn a $15 profit. And the referring affiliate also earns a great return as the miracle drug company paid them a solid $40 commission to obtain a new sale. Pretty much a win-win situation. Or is it?
Is Project Payday Moral?
Project Payday is a system that is intended to teach people the easiest way to earn commissions promoting "cost per action" offers, but sadly these techniques are highly debatable, like the example above.
Not everyone is acquainted with cost per action marketing. This involves free or very low-priced trial offers which is a marketing technique engineered to get products into the hands of new clients, wishing that the company will gain sales afterward.
All those garish banners that you see online offering you iPods for a penny, free money or computers if you fill-in the form or finish a survey, are all just a part of this cost per action incentivized scheme. These incentivized freebie websites as they are called, are all part and parcel of the same selling model as Project Payday falls beneath.
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 are probably not particularly interested in anyway, but believe me there really is a big catch. This is just a route for the company to capture your private information, and you may find that your acne remedy cream is being delivered every month and being billed to your Visa card before you realize it we all know there isn't any such thing as free.
Of course, if you actually are interested in the service or product - then that's a different situation altogether. But if an affiliate marketer comes in and essentially bribes you to finish the offer and then advises you to right away cancel any further commitment, the company gets cheated.
This may be a win for you and the referring affiliate , but the company loses massively because they paid a commission for what actually amounts to a fake client who really had no interest in the service being offered. So the answer to the question : "Is project pay day ethical?" is pretty clear. It depends completely on which side of the fence you sit and your own sense of wrong and right.
Suffice it to claim there are numerous folks making large incomes doing this part-time by promoting these dubious CPA offers. The ones that make the big bucks are those that can promote an offer in such a way as to attract folks who may genuinely have an interest in trying the service or product. If you can master the art and science of marketing, you too could possibly earn a decent living doing this too.
This is how it works. You join receive a sample of something ; let's imagine it's an acne cure. This product has a retail price of $50, but all you have to pay is 5 dollars shipping and handling. What you do is send your bill in, and you allegedly get paid $20 for your time and effort, because you've got to take some time to cancel the automatic monthly cargo of acne cure which you won't have realized is going to be charged to your Visa card monthly.
Not a bad deal, right? You pay $5 and earn a $15 profit. And the referring affiliate also earns a great return as the miracle drug company paid them a solid $40 commission to obtain a new sale. Pretty much a win-win situation. Or is it?
Is Project Payday Moral?
Project Payday is a system that is intended to teach people the easiest way to earn commissions promoting "cost per action" offers, but sadly these techniques are highly debatable, like the example above.
Not everyone is acquainted with cost per action marketing. This involves free or very low-priced trial offers which is a marketing technique engineered to get products into the hands of new clients, wishing that the company will gain sales afterward.
All those garish banners that you see online offering you iPods for a penny, free money or computers if you fill-in the form or finish a survey, are all just a part of this cost per action incentivized scheme. These incentivized freebie websites as they are called, are all part and parcel of the same selling model as Project Payday falls beneath.
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 are probably not particularly interested in anyway, but believe me there really is a big catch. This is just a route for the company to capture your private information, and you may find that your acne remedy cream is being delivered every month and being billed to your Visa card before you realize it we all know there isn't any such thing as free.
Of course, if you actually are interested in the service or product - then that's a different situation altogether. But if an affiliate marketer comes in and essentially bribes you to finish the offer and then advises you to right away cancel any further commitment, the company gets cheated.
This may be a win for you and the referring affiliate , but the company loses massively because they paid a commission for what actually amounts to a fake client who really had no interest in the service being offered. So the answer to the question : "Is project pay day ethical?" is pretty clear. It depends completely on which side of the fence you sit and your own sense of wrong and right.
Suffice it to claim there are numerous folks making large incomes doing this part-time by promoting these dubious CPA offers. The ones that make the big bucks are those that can promote an offer in such a way as to attract folks who may genuinely have an interest in trying the service or product. If you can master the art and science of marketing, you too could possibly earn a decent living doing this too.
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