Product Name: Memolink
Product Owner: Memolink.com, LLC
Upsells: Completing offers
What is it?
An offers-based website with a limited number of surveys, where you earn points for your actions and for spending money.
There is a lot of time and effort involved with Memolink and you get little reward for it. The only real benefit of the site is for cash back if you spend a lot at online stores, but even then, there are better sites out there that offer similar things. As a money making tool in itself, Memolink simply isn’t worth the bother.
Before You Buy
There isn’t anything to buy with Memolink and signing up for the site is pretty simple. So there really is no harm if you want to sign up for the site and check it out for yourself, just make sure you keep an eye on the terms and conditions.
What I Liked
I did like the fact that the site itself is free and that the terms and conditions are listed. This makes it a lot easier to figure out what the site is, how it works and whether it is actually worth the bother.
What I Didn’t Like
What it Offers
The landing page for Memolink really has a lot going on, and if you are new to the site, it isn’t exactly clear what it is even offering. In reality, Memolink is a site that has both surveys and offers and theoretically, you can earn money from either approach.
Across the Memolink site, there are a variety of different ways for members to earn points. These include things like completing your profile, taking a tour or getting scores on games.
One of these methods is taking surveys. Taking surveys for money is a common approach online and even Memolink is trying to cash in on that.
Even though they offer surveys, Memolink doesn’t really focus on them. When I signed up for the site, there were seven “surveys” up there – but some of them weren’t even surveys. For example:
Most of the time, the so-called surveys appeared to be attempts to get me to join a specific site or they just spammed me with ads for different things. I spent about half an hour trying out the different surveys that the site offered and earned a grand total of 11 points, even though many of the surveys implied they offered much more.
If you wanted to earn a decent number of points on Memolink, you would really have to invest in the offers – because that’s where most of the points come from. With the offers, you get a certain number of points for spending a certain amount of money.
Offers like this are only really useful if you were actually going to spend that money anyway. For example, if you regularly shopped online at New Egg, then signing up for a site like Memolink might make sense.
In that case, you would end up earning a little bit of money every so often as you spent money at the site. That’s great if you are only spending money you would have spent anyway – because a little extra income never hurts.
However, if you end up spending extra money, then doing offers is kind of pointless.
One additional part of the site is Memolink Gold. This is touted as the elite membership for the site and lasts a year once you get on it.
Basically to get the membership you have to earn 100,000 points on the site, complete your profile and confirm your email. The tricky one of those is earning the 100,000 points and I imagine few people get there.
Additionally, not every point you earn on the site counts towards the 100,000 points, which makes it even harder to reach.
As a whole, Memolink Gold seems like the site trying to get members to do as much work as possible. The membership doesn’t really offer that many advantages for the amount of work that it takes to get there and it honestly sounds like it is more about bragging rights than anything else.
Terms and Conditions
If you are earning points through offers, then each offer comes with its own set of terms and conditions. You need to take the time to look at these for any offer you plan on completing, because they aren’t always what you expect.
For example, there is a casual game company called iWin. Through Memolink, you can earn 320 per dollar spent at the company. However, this only applies to games that you actually purchase and not to any money spend through the subscription model.
In the case of iWin, the subscription model is a major part of the company. So, Memolink effectively only lets you earn money on half of the services that the company offers. This pattern holds true for other sites too.
One element of Memolink is coupons. These are offered for a range of sites that you can earn money on through Memolink. This is kind of cool as an idea, because it is possible to use the coupons even if you don’t plan on earning money through Memolink.
I’m putting the coupons down as something that I don’t like about the company because they are poorly executed. A major issue with the coupons is that they tend to be out of date or don’t work like they should.
For example, the coupon below is for iWin. It is still technically within date, but it should be pretty obvious that Black Friday sales for the site aren’t still going on now. In fact, the ‘use coupon’ link takes you to an entirely different sale on the site.
In this case and in many others also, the coupon isn’t even really a coupon. Instead, it is either a sale on the site or something that the site normally offers (like free shipping on orders above a certain amount).
This issue means that you are searching through a lot of worthless coupons to find one or two that actually work and might be helpful to you.
Time, Effort and Money
My biggest gripe about Memolink is the time involved. There is so much going on across the site and this makes it complicated to use.
In this post I’ve talked about some of the major ways to earn points through Memolink, but there are also other smaller ones. For example, the site rewards people for using a specific toolbar (ick) or for winning on some games.
Realistically though, all of the approaches on the site take time and energy for you to get anywhere at all and in many cases they also cost.
With Memolink, you earn points for doing the different tasks on the site. The points system is a common approach, and it makes you feel like you are actually progressing, even though the amount you earn is pretty small.
When you join the site, you are given 8,000 points outright, however, that isn’t enough to actually cash out from the site. To cash out, you need to earn 16,000 points, which would give you $10.
The approach is actually manipulative, because having that many points makes it seem like you are actually making progress. However, getting anywhere beyond the 8,000 points is much more challenging.
I spent around an hour on the site total in writing this review, and earn 21 points all up. Ten of those were from a tour of the site, so I wouldn’t be able to earn those again. To put that in perspective, I earned less than ten cents for my hours’ worth of work. That’s pretty appalling in terms of time versus money.
Now, if I really learned the site week and learned all of its tips and tricks, I might be able to bring that rate up, but never high enough to make it actually worth the while. As I mentioned before, the only way to earn a decent number of points is to complete offers, and that is expensive.
I also want to point out something about how the site manipulates. The image below is my rewards meter from the site.
At 8,021 points I am roughly half way to the point where I can cash out – although that is only because the site starts you off at 8,000 points. But, if you look at the meter, it starts at $2, goes to $10 and has a half-way point of $7.
That doesn’t even make sense.
The scale is completely wrong and the company doesn’t explain why the information is presented in this way. My best guess is that it is trying to change the way that you perceive your progress.
I always find it concerning when companies try to manipulate your perceptions like that. Often it is an indication that the company is doing additional manipulation behind the scenes.
I really don’t like Memolink. Unless you are actually buying the things that are being promoted in offers, it is too much time and effort to earn money on the site.
If you are interested in Memolink as a money making opportunity, then I wouldn’t recommend it.
When it comes to making money online, the best approach is to look for something that is focused on making money. In contrast, sites like Memolink try to go all over the place and aren’t very effective because of this.
Most products like this last just a few short months then disappear. That's the nature of hype in the business of making money online.
The only system I've seen last more than a decade is the same place where I learned how to start an online business. They've been around teaching newbies to make money online since 2006. You can join for free and start your first website in the next couple minutes
This is why making money through a website is so appealing. With a website you have control over your revenue and you can make money by promoting your own products or products of other people.
This is what I do and many others like me, and it is a very effective approach. While making a site might sound challenging, there is some fantastic training online that you can get involved with that will teach you what to do every step of the way. You can learn how to do exactly what I do in my free 5 day email course.
To be completely honest, doing online surveys will never earn more than minimum wage. In fact, most people rarely earn more than $1-$3 per hour, if they are lucky enough to get a payout.
You simply cannot rely on this for income.
If you want to legit make money online you need to invest time into building a website and putting advertising on it. Rather than spend an hour trying to answer boring questions, build a real web property that you can earn monthly income from.
It takes longer to accomplish, but yields bigger results that last longer. Instead of adding a second job to your schedule by looking for paid survey sites, add a second income by building an online business.