We all know that when you’re between jobs, planning to look for a job, semi-employed, or self-employed, every dollar counts!
One very easy way to earn some extra money is to leverage customer acquisition programs. Many companies, such as some banks, will actually pay you to refer them customers. Why do they do this? Well, customer acquisition costs are some of the largest costs that companies incur as a part of growing their business. From a macro view, this includes advertising, marketing, paying their sales staff, sales management, paying for the tools to get new customers (such as CRM and Sales Force Automation software), and so on.
Basically, it’s nearly always cheaper to keep an existing customer than to acquire a new customer, but without acquiring new customers a business simply can’t grow as much or as fast.
Many companies have found that referrals and word-of-mouth is one of the best, and cheapest, ways to get new clients. So what does this mean to you?
Well, some companies will pay you to refer customers to them. This is called a customer acquisition program. You’ll see this in many banks and other types of companies. Many banks will pay you if you refer a new account holder, and some will even pay new account holders just to open an account.
One of these companies is called MoneyExchange. They are emerging as an alternative to PayPal and PayDotCom, and can be used as an easy way to send and receive payments without disclosing your credit card number. This addresses the serious concern of identity theft - people are often wary of sending their credit card number to make online purchases, or sending routing numbers and checking account numbers for online payments.
So how does this equate to extra income for you? Simple. You sign up for a MoneyExchange account before April 15, 2008, and they will deposit $25 into your account, no strings attached. You can then do what you want with this money - buy something, transfer it to another account, etc.
You also get paid for referring other people to open an account with MoneyExchange - under their current promotion, they pay you $10 for each person that you refer who opens an account, up to $500.00. Now $500.00 isn’t all that much in the grand scheme of things, but it can certainly pay a few bills or a few tanks full of gas!
If you’re interested in signing up, click on the button below.
To your success,
David B. Wright
Author, Get A Job! Your Guide to Making Successful Career Moves
www.thegetajobbook.com
3 Responses
automation email internet marketing promotion
July 12th, 2008 at 12:07 pm
1automation email internet marketing promotion…
It sounds interesting but I am not sure that I agree with you completely….
David B. Wright
July 12th, 2008 at 2:00 pm
2I’m curious - what part(s) don’t you agree with?
I tried this out myself before posting, and didn’t have any problems either getting paid or transferring funds to my other accounts, then using the money for whatever I chose. I don’t recommend things without testing them first.
Wachovia and several other banks have utilized referral programs like this as part of their customer acquisition strategy.
Just to add a bit more to the post, there are typically a small portion of customers that actually cost a company money to service - these customers are typically those that spend the least and complain / utilize company resources the most. In other words, these are usually the most high-maintenance customers who don’t spend enough to justify being kept on as clients. Some businesses have found it to be in their best interests to “fire” these customers.
job search companies
July 22nd, 2008 at 6:00 am
3job search companies…
This is similar to comment spam but avoids some of the safeguards designed to stop the latter practice. (Blogger now has backlinks…
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