I stumbled across this and decided to see if it was legit. It seems to be,so I signed up.
Let me explain and you decide if you want to try to do this.
Warning: If you do not have unlimited texts on your phone
you should probably not do this
UPDATE Nov 25, 2011
This service went live on Friday, Nov 25, 2011.
UPDATE Dec 27, 2011-ALL MEMBERS:
First checks go out in January.
UPDATE Dec 26, 2011 ALL MEMBERS:
You can now refer advertisers and get a commission on what they spend.
(details page coming soon, watch for it!!)
There is a new company that is starting in the mobile advertising space. They are building up their pool of consumers, and when they go live, they will send out coupon offers and such to customers on their phones. At first, these ads will probably be generic ads for various products, but as time goes by, and the concept is proven, mainstream advertisers will jump on board. Though not there yet, this has the potential to be a sort of traveling Groupon thing that sends you up to 5 deals a day, based on where you are. The goal here is to send you a advertisement/coupon/deal/offer for a nearby businesses while you are out shopping, so you will visit businesses you might not normally visit. All you have to do is receive (not read) up to 5 messages a day (you choose how many). You don’t even have to open them!! That's it.
Now not only does this save you money on things you use everyday, but you get a nickel for each text you receive. I know, big WHOOP, but stay with me. As they say, "Wait, there's more!"
You also get a nickel for anyone you refer who receives a text. Now, if you and your husband both receive 5 texts a day, you will make 50 cents a day. But it adds up on down the line, 5 levels deep.. You get 5 cents per message for yourself, and anyone you refer. If they refer someone you get 4 cents from them for each message., you get your 5 cents, your friends 5 cents, and your friends friend's 4 cents. It goes on down, 3, 2, 1.
To put this in perspective, lets suppose you sign up, and refer your friend Tom, Tom. refers his friend Harry, and Harry refers his friend Richard. Richard refers his friend Ramon. And Ramon refers his mother Natasha
If each of you receives 1 text a day, you will make:
Your 5 cents
Tom's 5 cents
Harry's 4 cents
Richard's 3 cents
Ramon's 2 cents
Natasha's 1 cent
You total if everyone gets only 1 message a day.
20 cents
Your total if everyone gets 5 texts a day:
$1
Still, you are thinking, so what, 30 bucks a month is not a lot. So you get a few Starbucks.
I agree, but that scenario is the worst case. Suppose you referred 10 people, and they referred 10 people each, all the way thru the 5 levels. Things start to snowball a little then.
If everyone received 1 message you would make 2.00 a day ($730 a year), if they accepted 5 each you would make 7.75 bucks a day. Every day. Free. Now you are looking at 2800 + bucks a year.
Suppose you referred only 10 people and they referred no one. Its just you and 10 friends. If all ten of your friends receive 5 texts a day, you would make 2.50 from these friends, and 25 cents on your own every day. That is $2,75 a day or $1003 a year. That ain't hay. And each full group of 10 will double your money. The thing here is to think long term. How many people will you have refereed in a year or 2 years from now? Since this costs you nothing, UNLESS YOU PAY FOR TEXTS, you cannot loose.
Imagine that you are out with friends, and you get a coupon for that trendy new restaurant on you phone while you are in the area. You smile and tell them that it is a service that you joined, and not only does it send you special offers, you just made a nickel by receiving the text. They will be easy to refer to such a service, because it saves and pays them money.
If you are skeptical, I understand. You are thinking why would someone pay out all that money just to get you receive a text.
The answer is simple economics and the anti-spam act and the No Call List. You see, it used to be you could just send advertisements out to any e-mail or phone number you could find. Now you have too get permission to send out these promotions. You and the people you refer are giving permission to send the texts to your phone.
Economically speaking, they can deliver texts for their customers to a large customer base who have agreed to receive the texts, and their cost for each ad they send out is fixed at 20 cents. This is a very cheap cost per delivery of advertising of any kind. The money they are giving us is nothing in the ad delivery world.
Another good thing is that they are just getting started. They are literally in pre launch of their service (NOTE- The service went live on black Friday, Nov 35, 2011). You are getting in on the ground floor. As their pool of customers grows, and their service becomes more well known, it makes sense that they would change their pay structure at some time for new members. Right now they need to enlarge the pool. They need to be able to tell their advertisers they have a massive audience and they are willing to pay for it now. Later they may only be interested in replacing members who leave.
I have also looked very hard for the downside. I can"t find one. It is not a scam, because they are not asking for money.They do not want money to join, there are no dues, in fact they do not want any money from you at all. They want to send you money. What they want from you for you to receive texts so they can bill their clients, and refer people to help grow their network.
The only personal information you are giving them is a name, e-mail address and a phone number to send the texts to. They pay by paypal, so you do need a paypal account. Since they do not know your password, they can only send money into it, just like anyone else who knows your paypal ID.
So anyway, I have signed up, and if you want to know more, you can check it out here:
Warning: If you do not have unlimited texts on your phone
you should probably not do this