Sunday, April 8, 2012

Home Based Business Opportunity - Review Article Number 9 - Project Payday

Project Payday Review
Let me start off by saying that as hard as I've tried, I have been unable to find even one complaint about these guys on the Internet. So, let me be the first. I personally tried to do take advantage of this home based business opportunity for a couple of weeks and I can tell you first hand that...
  1. They are a legitimate business. They are honest and their support team is responsive and prompt when you need them.
  2.  Their advertising is tremendously misleading. The whole idea of Project Payday is that you can earn money by signing up for trial offers at IFWs (Incentivized Freebie Websites), and not only do you get to test these products, you get paid by Project Payday for doing so.
For every offer you sign up for, you are awarded a number of points. When you reach a certain point level (which means you've signed up for an average of 10 offers), you will get paid $40-50 for your efforts. While they claim you can make at least a part-time income by just signing up for these trial offers, this is a bogus claim.
Honestly, most of the sites they send you to offer the exact same products. And since you cannot sign up for the same offer twice, it's impossible to make any real money. And not only that, you're going to have to be a CPA (or something equivalent) to keep up with when these trial offers begin and end. These companies that promote these trial offers know that the vast majority of people who sign up for them WILL NOT cancel within the cancellation period.
Therefore, when you "do not" cancel, they're going to be shipping these products to you and be billing you every month. Do you really want a home based business like that? And if you are organized enough to cancel within the appropriate time frame, it is not that easy. Most of these companies put you through a litany of questions of "why you are cancelling" and try to keep you on the phone to offer you something else. Furthermore, you will often have to pay for the shipping when you return a product.
If you choose to get involved with any of these IFWs, let me reiterate one thing - the entire system is contingent on the fact that most people WILL NOT cancel within the allotted period of time and IFWs will ban people that promote cancellations, or help people to cancel.
Of course there are other ways to make money at Project Payday, but it involves getting others to complete these offers for you. It that regard, then, it's mostly a MLM compensation model.
Unless you want a lot of headaches - and a bunch of packages delivered to your door containing products that you really don't want - I would stay away from Project Payday and all the other companies involved in the world of IFWs. There are plenty of companies that also offer a legitimate home based business opportunity - without all the hassle.

No comments:

Post a Comment