Wednesday, August 13, 2008

Cash Gifting..

I called an old friend of mine tonight, Tom.. who has been into affiliate marketing for years.

Tom has done a variety of things online to make a living, but for the past 3 years or so his main gig has been cash gifting. I am not sure how many of you are aware of this term, but it means just as the title says, "gifting cash".

You take a couple thousand dollars and give it to the guy who recruited you, that gets you in the door. Then you are sent off to do recruiting of your own, because that is how you get the cash gifts. Lets say you recuit somebody and they come in under you.. the money they put in to get into the program.. usually $500.00 to $3000.00, goes to you and then the first person that person recruits, he/she's money goes to you too.. then it starts over, you recruit another.. etc. You see the picture.

Anyway, I wanted to see what Tom was up to and how his cash gifting stuff was going. I was pretty stunned when he told me he quit gift cashing for something else much better. Hard to imagine how it gets much better than what he was doing.

He told me the main problems with cash gifting is that when you recruit people, it seems a lot think it is against the law or something.. not sure. But he also mentioned that people didn't like the idea of not having 'products' as well. Another strange thing. I guess it just goes to show that there are still lots of people out there who feel if products are not exchanging hands, it is either illegal or just doesn't feel right.

Maybe people like having to buy those 60 dollar bottles of crappy vitamins or whatever else people can pawn off.

How do you feel about the whole thing? Do you think cash gifting is illegal? If so, why?

embrisa

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