Project Payday is an interesting, unique online money making program. The basic idea is you sign up for trials of stuff and make money by doing so. The biggest catch is you must live in the US to participate.
It requires a highly organized and disciplined person, however, as you need to be sure to cancel the trial in time before you end up paying the actual fee. If that happens you probably lose money. So normally you are trained to create a spreadsheet with all the trials you are currently “trying” and the dates they expire etc. Then you check it regularly and schedule the times when you need to cancel. If you have a PDA with an alarm feature this would be highly useful.
You normally have to work with some sort of a mentor. He will also make a bit of money from your efforts and as you get better you can eventually graduate from the mentor and even become a mentor yourself.
The trials can be anything from vitamins to DVD rentals. You also need a credit card in order to participate in the trial. I wouldn’t worry too much about credit card fraud as you aren’t giving your credit card details to project payday, you are giving them to the company offering the trial.
You can pick and choose the trials yourself. There is a wide range to choose from and some of the trials you may end up keeping because you like them. Whether you continue or not with the product has no bearing on anything, it’s the trial you get paid for.
However I must admit that one of the companies they use is the Google Cash Kit which I warned against on this site. So if participating in projectpayday.com one needs to be very careful and read all the fine print.
I don’t think you will get rich with this program, however I am sure you can make more than $10/hr on average. So for working from home it’s a pretty legitimate opportunity.
You may wonder how is this all funded ? It’s simple really. Big companies spend billions on advertising and this is just another one of those advertising methods. Companies know that word of mouth is one of the most powerful forms of advertising as we are far more likely to buy something a friend has recommended as apposed to something from a commercial.
So these companies have decided to give away free stuff and even pay money to do so instead of giving this money to the advertising companies. This gets the products into the hands of people whereby the company is banking on the fact that a certain percentage of people will fall in love with it and keep it.
I’m not so sure how this Project Payday will influence this however. If a company notices an unusually high number of cancellations this could throw up some red flags. But that shouldn’t affect project payday as they have many programs to choose from. Of course nowhere are you allowed to advertise the fact that you are trying the product with the intention of canceling. Project Payday is set up primarily to be a portal to get free or reduced priced products on trial. The word “cancel” is taboo although everyone knows the idea is to cancel. Shhhh ….
