First of all I'd like to say hello to all
I've been reading here for a while, but unfortunatly I'm a real noob and haven't had anything very constructive to say. lets hope time and experience will change this.
So far my internet millions have been made on good ole Ebay. I've been a powerseller for a few years and still enjoy it. Although It doesn't make me millions it does help towards family holidays and Chrimbo,
which is fast approaching
I love it really just costs a fortune.
Anyway the purpose of this post is to ask some advice from your brilliant business brains. I've been offered a website that gives away free stuff like Ipods, Laptops ect. A customer joins the site for free then is asked to sign up to offers with one of the affiliates the site is asociated with(e.g. open an account with eBay, or with an online bookmaker, etc)
The customer then gets several friends to do the same. Once the customer has referred a set number of friends, the business sends him/her a free product (such as an iPod). I'm sure you know the type of site I mean.
First off I'm under the impression these give away sites are legitimate, right? I'm sure it would need a good marketing campaign but do you think this type of business could be profitable? And what pittfalls should I expect?
Any advice would be appreciated.