How to earn money online from home using IFWs
- Author Dick Conley
- Published August 6, 2010
- Word count 860
Many people want to know how they can make money online using their personal computers. Some want to earn enough money to supplement the income they earn from their 9-5 job so they can purchase extras like lcd televisions, computers and peripherals, audio equipment, new vehicles, etc.
Others want to earn extra income to pay off debts or meet essential needs such as insurance premiums, medical expenses, mortgage payments, or
existing auto payments. Others still, are looking to supplement decreasing income due to these hard economic times and exploding fuel, food, and utility prices. While there are many opportunities for earning an online income, many of which are genuine and many others which are not, this article will explore the income earning opportunity of using IFWs.
What are IFWs?
IFW is the acronym for incentivized freebies website. Incentivized freebies websites are websites where advertisers present their products to consumers who are incentivized to try the products for the first time.
The incentivized portion of the term refers to the incentive paid to participants in the form of either cash or prizes for completing an advertisers or number of advertisers offers. Generally, participants are awarded credits for completing offers and must acquire a set amount of credits to qualify for the incentive. When one qualifies to receive their payment they are referred to as going "green". This reference is due to many IFWs having a progress bar which is
red as credits are accumulated and turns green once enough credits are earned and the trade is completed. IFWs are similar to a trading method that many are familiar with known as trial offers, where one can earn a product (usually a software product) by trying another offer (the incentive). The reader may also be familiar with trial offers that require the consumer to join a club with the incentive being steep discounts on the purchase of books, dvds, cds, etc.
Now, that leaves us with the "freebies" portion of the term. Freebies references the fact that many consumers will try an advertisers product on a trial basis with their only reward being the opportunity to try the product without being
obligated to purchase it. The additional incentive of cash or prizes is considered a freebie as consumers not only get to try the product but are also paid to do so.
Many individuals participate in trial offers every year but the IFW concept is not as well known as some of the other aforementioned concepts.
How you can earn money through freebie trading
It is really very easy to earn money through freebie trading on IFWs. Basically, you will register with an IFW which provides the forum for connecting you with an experienced trader. The trader will provide you with a link to a database of offers from which you will choose the ones you want to complete. Each offer you complete will earn you x number of credits or a percentage thereof and when you complete enough offers to qualify for the green you will be paid.
Generally, payment is made directly to your Paypal account within 48 hours after going green. Each IFW may be different but usually payments are made quickly. The amount you are paid for each green and the number of sites needed to go green may vary from IFW to IFW. Greens usually pay from $50 to $100 and the number of offers you will need to green varies according to the offer and the IFW.
If you wish to complete offers for extra income the means to do so is certainly available. Hundreds of people do this everyday. While it is easily done, there is a limit to how much you can earn through the completion of offers. After you
have completed a number of greens you will find it harder and harder to find new offers to complete. At some point, if you want to earn a sustainable income through IFWs, you will need to initiate trades as the referrer. Being a referrer gives you the opportunity to earn a recurring income through IFWs. Referrers have earned anywhere from $500 a month to a few thousand each
month. Obviously these figures vary from person to person but the opportunity is there if one wants to work at it.
There is another means of earning through this program from those mentioned above. Besides completing offers for payment and paying others to complete offers for you, you can earn a commission through directing new members to IFWs. Some IFWs even pay you for your referrals and then assign them to you as your trading partner. If you wish, you can earn from all three methods,
at least when you are starting out, or you can just choose one method to earn with. It is entirely up to you.
In summary, IFWs are a unique and exciting opportunity to earn extra income or even a sustainable one. If you are looking for a means to earn extra dollars from the comfort of your own home then you should look into the opportunity provided by this resource. Who knows, you may even want to make it your primary source of income!
Dick Conley recommends Net Income Solutions for beginning and advanced freebie traders.
If you write articles or are considering it then you should check out this English writing software.
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