During economic slowdowns, everyone is looking for new and immediate ways to save money. Whether it’s clipping coupons, buying sale items or cutting out extra purchases all together, there are many ways families can curb their spending. But what about MAKING some extra money in a time of need?
There are several ways to make additional money from the comfort of your own home simply by doing a little research on the Internet to find programs that give you cash for your time. Many of these are affiliate marketing programs and are a great way to make some extra money while giving you the flexibility to regulate how much or little you do. You can find time for these programs when the baby is down for nap, when the kids are at after-school activities or an hour each night after the kids have gone to sleep. This is a great way to make some extra money that will help cover the rising price of food, gas and everything else these days.
So what can you do to make money online? CouponChief.com recently launched a program called Pays-2-Share, where users make money simply by uploading coupon codes to the site. Consumers sign up and upload new online coupons and CouponChief.com pays them 2% cash back on all purchases made from coupons they submit. Consumers can make up to $25 per month for each store, so if you upload coupons from a number of stores, you can make some serious cash!
The top user has made around $1,000 in just one month since starting the program and has been able to find hundreds of online coupon codes to use Pays-2-Share effectively by making the most of each coupon she uploads. Following are some tips for using this program to get as much cash back as possible:
o Search the Internet - There are literally thousands of coupon codes floating around online. A simple search will give you access to more coupon codes than you could ever dream of.
o Upload smart coupons - To make money with the program you must upload coupons that people will actually use when shopping online. Remember that 2% of $0 in purchases is $0!!! Try to vary the type of coupons you upload. Coupons from mainstream retailers like Target, Macys and Best Buy are great because many people are constantly searching for deals at these stores. However, finding coupons from smaller stores is good too since it’s less likely the coupon is already on the site. Regardless of retailer, make sure it’s a good deal, like free shipping, or 10% or more off the entire purchase. If it’s a coupon that you would use yourself, other people are more likely to make a purchase with it too.
o Sign up to receive emails from retailers - Many retailers will send emails to their customers with upcoming discounts, sales and deals. Many of these emails include their new online discount codes, this is a great way to have coupon codes come to you! The next time you are shopping online and you are asked if you want to receive email updates, be sure to sign up.
o Track your progress - CouponChief.com allows you to easily track you progress online. You can see which coupons are being used and making you money! This will help you determine which coupons are most popular, so you can upload similar discounts or more codes from the same or similar retailer. It will also help to motivate you to make more money!
o Use your online presence - If you have a blog or social profile that accepts javascript you can tell your friends about the coupons you upload using a CouponChief widget. You can pick up to five coupons and display them on your widget. Each time someone makes a purchase by clicking through your widget, you receive 2% cash back of the purchase price.
I encourage you to take advantage of this unique new way to make money online, as well as search for other money-making solutions. While online cash programs won’t allow you to quit your day job, it’s a pain-free way to supplement your base income with some extra spending money.
By Gary on 09/29/08 in Columns, Money, CouponChief
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