Monday, September 21, 2009

How To Be Successful In Freebie Trading


The concept of Freebie Trading is simple if a person would stop and give thought to what makes this opportunity work. Inside this section, we will give you the basics of 'How to protect yourself against traders that are only in it for themselves' and discuss the main reason people fail in Freebie Trading.
The fundamentals of Freebie Trading are to give the advertisers an opportunity to get their products in the eyes of consumers. One of the ways is to offer potential customers the opportunity to sample what they have to offer.
When I first got into Incentivized Freebie Trading I was amazed that companies were actually paying me money to sample other companies products. But not only that, it opened a pathway for me to setup and make money online just for referring others to sample their products as well. Now even though this sounded great, in my mind I was thinking, this would be nice if I knew a few thousand people that I could convince to take the same steps I did and start making money online in Freebie Trading.
However, if you're like me, you might have a few hundred friends willing to learn ways to make money online, but probably not a few thousand. Well, even a few hundred could be stretching it about a mile or so, especially if these wasn't proven ways to make money online from home. :)
Nevertheless, I still saw an opportunity to make money so I decided to give Freebie Trading a try!
Here's where things really got interesting and exciting. See, I didn't realize in the beginning that there were actually Freebie Trade forums that I could go to that literally had 100s of people (freebie trading partners), waiting to actually pay me money as one of their freebie trade referrals. I thought, oh man WOW!, this is incredible and I'm going to actually be able to use these ways to make money online from home to generate realistic money!
Here's one of the things I found in these ways to make money online that was even better. These people that work at these freebie trading forums are there 24 hours a day which make it easy to use these ways to make money online from home even better. Which was great because, even if I work an 8 to 5, or 3 to 11, or even an 11 to 7 job, once I got off I could come to the freebie trading forums and still make money online from the comfort of home. Man, I was on top of the world! Wouldn't you be? An opportunity to make money FROM HOME by sampling free to low cost trial offers from the comfort of home. Talking ways to make money online from home is easy! Oh yeah, my dream had come true 'Working From The Comfort Of Home using these ways to make money, talk about a dream come true.'
So, off to the freebie trading forums I went, and within my first hour, I was using these ways to make money online from home, and I'm not talking pennies either. Before I knew it, I had got my first opportunity to make money $115 and had done this in about 2 hours, tops!
OK, let's stop with the testimonial because in this training section, it's about WHY some people fail in Freebie Trading, and my job here is to help you learn to use these proven ways to make money online from home so you can be successful as well, right?
The nature of the beast is to make as much money as you can, and make money as fast as possible. So, as I started checking out peoples (freebie trading partners) ads, also known as freebie trading threads, I noticed that people were competing with each other which made these ways to make money offers even better. In my eyes, the ones offering less money for me to make by complete trial offers were greedy and trying to scam me out of money. So of course, I went to the ones willing to let me make the most money.
After several freebie trades I started asking questions. I wanted to be one of those people that were paying money to others to complete offers for me, and I make money by them being one of my freebie trading referral trader. That's when I found out that, in order to get people to actually work with me, they expected me to have a freebie trade number that showed I had enough experience in this business to help train them how to use these ways to make money online from home and be successful too. What was considered a good round freebie number was 10 successful trades, also known as Freebie Trader Rating Number.
Now, at this point-in-time, I had successfully completed 6 freebie trades and making money, so completing 4 more trades for others seemed easy enough and I could continually make money. I assumed it to be no big deal because I'd just complete 4 more offers for this freebie trading partner. So, I make money $100 plus, get the other 4 successful trades needed to become a mentor and teach others these ways to make money online from home, and also make money myself while doing so.
However, while completing my last couple of trades, I found that it was getting harder to find offers that were low cost and not use to much of the money I had already made :(. As a matter of fact, the freebie trade I signed up for, as a referral so I could make money, would have cost me nearly as much money to complete as the money I would make from it.
So, I asked myself, what happened? Where did I go wrong? Why didn't someone tell me I would run out of freebie to low cost offers?
Now, THIS is where the 'Failure of Freebie Trading' comes in. But was I scammed? In a sense, I would say "Yes" because the mentors had been teaching me these ways to make money online from home, should have told me that my freebie offers would get more expensive and cost me more money. So now, I had to make a choice to either: spend out-of-pocket money to reach the '10 trade' mentor status... or give up and walk away with the money I had made using freebie.
Well, of course I didn't give up because, if I had, you wouldn't be reading this. However, it did cost me money, BIG-TIME, to reach the 10 successful freebie trades needed to become a forum-recognized Internet Freebie Trading mentor.
But what could I have done to avoid this?
First of all, I learned, a person can't try the same offer over and over to make money because a 'trial offer' is just that! Once you've had your chance to see if the product works for you, that's it, and you would have made your decision to keep the product, or cancel.
I also began realizing most of the Freebie sites all had the same trial offers, which I had completed on other sites. This meant the trial offers, available to me, were becoming more limited and or cost way to much money.
More importantly, it occurred to me that the more money a freebie site paid to meet their requirements, the less the credit value for each offer was. For example: If the credit value of an offer was .50% on a $40 freebie site, that same offer on a $100 freebie site could easily be half of that value.
So, it looked like that, just because a trader was willing to pay me money $100 to complete a freebie site for them, this didn't necessarily mean it was a good make money deal.

If you look back to what I just stated above, about the credit values being different. This will show you where I went wrong. But why didn't that seasoned freebie trading partner (mentor) tell me this?
Was it greed on their part? Well I can't see the greed in it because they were paying me 80% of what the Freebie site was paying them. So, if the site was paying them money $100, I would make money $80, and they make money $20. So, it couldn't be a case of greed on their part.
But, why didn't they tell me that, by doing the sites to make more money, I would run out of free to low cost offers before I reached the necessary 10 trades to be recognized as a Internet Freebie Trading mentor?
Let's look at what those freebie trading mentors did. By advertising they pay money $80 to $100 for a 1 credit freebie site, mentors knew larger amount of money would attract new-comers. Therefore, successfully getting a freebie trading referral (newbie) to work with THEM rather than someone else offering less money to be their referral $20 to $25 for a 1 credit/$40 freebie site.
So, at the end of the day, if he got 5 people to complete a higher paying freebie site, they would make money $100 profit that day, which isn't bad money for them, right?
But what about that person like me that ran out of low cost freebie trial offers to complete. Yes, unfortunately, that's it! The new-comer failed in their chance to be successful using these ways to make money online from home in Freebie Trading.
But not only did that person not succeed, that seasoned freebie trading mentor eliminated potential competition.
So, did that seasoned freebie trading mentor scam me? In a sense, Yes he did. The reason I say this is simple. He knew from prior experience that I would run out of low cost offers. But, not only that, he was also considering the fact that I would probably complete more than one higher paying freebie site, AND be happy trading with them because of the larger money payout. In the back of the mentor's mind, he's thinking 'all this can be done before my referral realizes their selection of offers is diminishing.'
Cha-Ching! He would make money off you and on the surface he didn't scam you, because you DID get paid the money you agreed to. You were mislead because, unbeknown to you, as a supposed "Freebie Trading Mentor," he failed to help you succeed by not teaching you a very important trick-of-the-trade.
So, to sum up this portion of your training as a beginner in Freebie Trading, let's recap on: 'Why you aren't going to fail and How you will become a success using these ways to make money online from home in this industry.'
Method 1:
  • The key to being successful is to have a solid freebie trading rating, and the best way to achieve this is by avoiding the higher paying sites because, as we have learned, they will eat up the freebie trial offers that are available to you.

  • The number of freebie trades IFW Mentor recommends you complete with your assigned freebie trade mentor is 4. Yes, I did say only 4! There IS a reason behind this as well, which we will discuss in your further training

  • In IFW Mentor's video training session they cover how to maximize your earnings (make money) and increase your freebie trading TR number. If you like, you can view IFW Mentors method1 video training by click the following link and visit IFW Mentor's Method 1 video training of how to setup your browser.

In the video training of the following link, you can see how to setup your browser as well as see how to register one of the freebie sites and make money by going to the TEST DRIVE portion of IFW Mentor, if you like. It's FREE and covers how to setup your Firefox browser and register the Freebie Site.
So, after viewing them if you like, you would be ready to be introduced to one of the Freebie Trading Forums. But, your training for method 1 of these ways to make money online from home doesn't stop right there, just yet! I would want you to watch the video training of 'How the Freebie trading Forum Works' for method 2 freebie traders, so that you can get around inside the freebie forum without feeling lost. But that training can be done after you have started making money.
So, if you like, watch the video for method 1, make money, then if you like contact me by sending me an email @ support@ifwmentor.com so I can prepare you for what a freebie trade thread looks like, and how to contact one of IFW Mentor's Proven Freebie Trading Mentors. Which their responsibility is to help you get off to a safe and profitable start using these ways to make money online from home!
One of the benefits of becoming a member of IFW Mentor is after you have reached the 10 trades (required to become a Certified IFW Mentor's Freebie Trading mentor), they will be send YOU new members so you can train them the right ways to make money online from home.
IFW Mentor trys to protect their new members from being exposed to those that aren't approved freebie trading mentors of IFW Mentor. But not only that, it also assure that even though you are competing with Freebie Traders with higher freebie trade numbers, you still will have new referrals to work with and make money.
If you like, you can Click Here to go to the Method 1 video training of setting up your browser and registering one of the freebie sites and make money.