Product Name: InboxDollars
Minimum Payout: $30
Rating: Waste of Time
What Is It?
Take surveys and sign up for trial offers to earn money.
Not only are you making something like $2-$3 per hour doing this, but you are also putting your personal information at risk. InboxDollars is a legit company that does pay real money, but the hassle and time spent with this type of ‘work' is not worth the reward.
Before You Start
IBD is the same old story we get with other similar sites. To make money, you need to..
- complete surveys
- sign up for free trials
- sign up for paid trials
- refer friends
- go shopping (get discounts)
- list to the radio
- watch videos
These guys actually have a toolbar which can be added to your browser, which I highly recommend you DON'T install. Toolbars are responsible for some shady stuff. I can't say for sure if this one does this scammy stuff or not, but if you are getting paid to install it, there's a high likelihood.
What type of scammy stuff?
Toolbars can provide a way for marketers to hijack your links. For example, if I open an email and click a link (while having the toolbar installed), it can actually send me somewhere I didn't want to go!
Sometimes, they can even give you extra advertisements while you browse the web, thus, the reason why marketers will pay money to have you install it. They want to get their ads in front of as many eyeballs as possible.
Aside from that, you should also be wary of all those “enter for a chance to win” ads that you see around the site, and other sites that you are directed to. No one really wins that stuff, and 99% of the time it's just a ploy to get your personal email address and phone number.
What I Didn't Like
Exchanging Time for Peanuts
The first indication of how much work you'll be doing for what kind of pay is when you first enter the site. You have to complete 7 tasks for 50 cents. If those tasks take only 10 minutes, then you are making $3 per hour, less than 1/2 minimum wage in some states.
This is going to be a bumpy ride.
Hard To Make Money
Even though what you'll be doing is mind-numbingly simple, actually getting to payday is going to be a long journey. Here are some screenshots from a lady that says it took her several months to read her $30 payout. Check out the response from the other lady below.
Granted, this is just one conversation, and one example. But think about it this way: Doing unskilled labor like this is going to pay terribly. Even at $6 per hour it's a horrible job, sitting in front of the computer all day answering questions about where you live, how much education you have, and how much you earn per year.
Just because the task is “simple” doesn't make it “easy” to do. I started to do a few offers and was instantly bored. Maybe you have a higher threshold for stuff like this, but for me, reading advertising emails or watching videos advertising cheap online games or discount makeup is extremely boring.
You might say, “Well, no work is fun!”. I disagree. I work online, and I love my job. I will show you what I do below, but let me continue trashing InboxDollars for a few more paragraphs.
Personal Information at Risk
I don't mean that the NSA will come to spy on you or that someone will steal your credit card information.
What I do mean is that these grubby companies can't wait to get their hands on your email address and phone number. Why?! It's an opportunity to sell you something! The whole reason they pay InboxDollars so they can pay you is that these companies want to make money off of you.
If you submit your real phone number, you can expect your phone to start ringing off the hook with telemarketers asking if you are interested in ABC or XYZ. Give a fake phone number, and you won't get credit for signing up!
The same goes with your email. They check to see if you submit valid information. Many times, this involves clicking a confirmation link, something that adds even MORE time to the task, and reducing the amount of money you make per hour.
Watch Out For Rebills
The biggest thing to watch out for with these types of companies is the free trial offers or the paid offers. Free trials pay more than surveys and less than paid offers. Paid offers usually pay something more than the trial – for example, a $10 trial might pay you $20.
But to get these products, you have to sign up with a real credit card, which means if you forget about the billing date, you could be charged the full amount! One forgotten bill can erase all your previous profits in just one day, and then you'll be stuck with a box of wine or a decorative knife that you didn't really need.
Playing Games For Money
This is probably one of the most confusing, and least profitable of the tasks. Too bad, because it was the most appealing. I tried to get in and sign up for the games, but once on the gaming website, it immediately became unclear how much money I was making, how I would be credited, and what I had to do to actually receive credit.
At the end of the day, do you want to be playing flash games to make a few pennies per hour?
Surveys Are The Bottom of The Barrel
I have a strong distaste for online surveys because they scam so many people out of their time. Yes, I've actually taken some before. A few things happen quite often.
- You finish the survey to find out that you don't qualify
- In order to finish the task you need to sign up for another survey company
- Errors in the form cause it to erase all your previous answers
- You need to answer several questions before you find out if you ‘qualify'
Very often these surveys are targeted towards unemployed, uneducated, and elderly people. They want to know who is desperate or naive enough to purchase products*, then they call you to try to sell you junk.
*OK, I'll admit that this is speculation on my part, but believe me, the real reason you are answering these questions is NOT because they are interested in your opinion.
One Thing I Like
Like Cash Crate, as far as trial offer and survey sites go, InboxDollars is not that bad. For me, it's a complete waste of time and potential to make money in other ways, but I can see that this type of simple work might appeal to some people, even if they pay is terrible.
One thing I like about IBD is that the blog was active, meaning that they are investing time into communicating with their members. They even had a featured member post, which I think could be fun for people that participate in the site.
It's important to remember that it's the companies, not you, that are making the real profit here. If you value your time, and think that there are bigger/better things to be done, as well as more money to be made online, then this is not for you. Yes, they do pay, but at what cost?
Don't sell yourself short and work for pennies when you could be spending that same time learning how to earn thousands of dollars per month. Building a real internet based business is not as hard as it sounds, and the potential profit is gianormous in comparison.
Results are not instant, and nothing is guaranteed. It also takes more patience to learn some new skills you might not be familiar with. If you value your time and have bigger goals than just adding a second minimum wage job to your evenings, I recommend you learn to do what I do.
You can create your first website and get your basic training for free. It's the only place I recommend newbies get started because it's the same training that taught me everything I know today!