The other day I was sitting around watching TV when I see this news story regarding a website that is giving out absolutely free ipods. I thought to myself that this must be a crock. Why and how would any one be willing to invest so much money to give people something for absolutely free. I mean come on. I can understand giving people a free teeshirt here and there. T-shirts are cheap, and if you print a logo on them you get free mobile advertising on someone's chest. With some guys I know, you find the right person (generally anyone of the opposite sex) and you have a very captive advertising audience. But why ipods? What is the catch?
Here is my analysis:
I know that Newton thought that the laws of inertia and gravity governed the movement of objects, but baby , it's money that makes the world go round. No company is going to be giving out expensive electric gadgets unless they can turn a (probably hefty) profit doing so. This website is almost pyramidal in nature. You log on and create an account. In order for you to earn your free ipod you must complete one of a list of available on line offers. When I did it they had every thing from signing up for a credit card, to BMG music service, to some weird lookin herbal supplement website. Once you sign up and complete one of the "offers" you have to get 5 other people to sign up for an offer as well. Once you have gotten five people to sign up, and once all of them have completed their offers, you get a free ipod.
easy eh???
It still doesn't make a lot of sense how a company can afford to give out a free ipod to everyone that signs up. Ahh but grasshopper, the company does not have to give a free ipod to everyone that signs up, only to those people that complete the offers. It is relatively safe to assume that not every one will have enough friends that will be kind enough to sign up and complete an offer for them, no matter how easy. For all those people that don't get five referrals the company experiences 100% profit for every offer completed. How do they get profit for an offer completed with a company not even related you ask? Well think about it. Major corporations spend millions of dollars a year in an effort to get new customers. Most of the time they spend money on TV, and other media advertising, and the chance of getting even a small percentage of total viewership to join up as a customer is pretty slim. So in essence when free ipods.com gets you to sign up as a customer on these various websites they are providing these companies with a very efficient form of advertising, one that basically guarantees a new customer. -at least for a while- these companies are more than willing to pay freeipoods.com a decent fee for this service.
The result of all this ? The opportunity for us to convince our friends to help us out, so we too can carry our entire music library in the palm of our hand.
Speaking of helping out friends. Help a guy out.
sign up under my link
http://www.freeiPods.com/?r=12325618
"Free Ipods.com and Why I joined"
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