What is InboxPounds

 



Name:  InboxPounds

Website:  www.inboxpounds.co.uk

Price:  FREE

Owner:  Daren Cotter

Rank:   70 out of 100


When browsing on the internet for ways to earn with an online business, we all seem to be bombarded with ads of free and easy money spinning ideas. One of the websites that hits the first pages of the most affirmed search engines is InboxPounds, or its American counterpart InboxDollars.  But what is InboxPounds?  And is InboxPounds a scam? Or is InboxPounds legit?  Read on to find out, so that you can make up your mind for yourselves.

 

What is InboxPounds


In my page Internet Is Your Oyster I have briefly touched on ways to earn with an online business through PPC, or pay per click website – although its team likes to refer to it as ‘online reward club’.  InboxPounds is exactly that: a website with a variety of online based activities which earn you a few pence per action.  In other words, and mostly, you get paid per every click you action on InboxPounds dashboard activities.

From the onset, it appears quite clear that you will not make a lucrative income, not a basic revenue, by using InboxPounds.  But, as mentioned in my latest post Keep your Eggs in Many Baskets, the overall money you may cash out every so often can contribute to enrich your pocket money stash.

 

How InboxPounds works


As you get on to InboxPounds website, you will be invited to register, setting up a username and password.  Once you have done so, InboxPounds opens the doors for you to a variety of different activities, including:

  • ​completing surveys,
  • opening emails redirecting you to other websites,
  • searching on the internet by using InboxPounds browser,
  • playing online games,
  • referring friends, and many others.

My favourite PPC is opening emails I receive every day on my email inbox, clicking on the website I am prompted to enter, and getting paid the 1p (yes, unfortunately only one penny!) for the time invested.



Which admittedly is not much of my precious time.  And this may explain why the pay scale is so low.​

 

How much does it cost


Joining InboxPounds is completely free of charge.  And that is another reason which may explain how low pay the scheme is.

InboxPound is not unique, mind you, in paying the so called pittance.  Many of these PPC programs pay as little.  However this does not make them scam.  Certainly it does not make InboxPounds scam.  I can assure you that InboxPounds is legit!

The reason why I know is because I did get paid, legitimately and promptly.  So, definitely no scam there.

And whilst we are talking money, the payout is £20.  Which, considering the low rate of payments for each online activity, you may think it will take an enormous length of time to put together.  If you thought along those lines, you would not be far off from the truth.  But ultimately, it depends by how much or little you decide to participate to the InboxPounds online activities.

Alternatively, you can opt to be paid in Amazon vouchers, which, if you are an Amazon shopaholic like me, can turn quite handy.

 

The concept


InboxPounds was founded by university student Daren Cotter back in 2000.  Whilst reading Computer and Information System, Daren saw the potential of rewarding customers for online activities, and has maintained that concept since then.

He first created the older sister InboxDollars, as he is American and based in the States after all.  He only launched the UK version of InboxPounds in 2012, so relatively recently.  But in the process he managed to bag accolade after accolade, reaching a company revenue of $10 million after only seven years.

It’s amazing how successful and, let’s admit, wealthy you can become from the simplest of ideas!!



InboxPounds referrals


Let me, for a minute, talk a little more in details about InboxPound referral scheme.  The payout is, again, rather low – again, we are talking pence rather that the solid pound coins (or USA dollars) the website prides of paying as per their name.  But, you know how strongly I feel  about referral schemes.

And that is because it is a sound form of passive income.  And in the case of InboxPound, it does not require any further maintenance or input.  Provided the friend you refer completes the signing in process by registering, you will earn 10% of your referrals for most of his or her activities.  So, when compared to other affiliate programs, such as Amazon, whose commission rate is never beyond the 7-8%, you will find that InboxPounds stands on a slightly more generous position.  So, over regular payouts of £25, each and every of your referrals could earn you some £2.50.

As mentioned above, it is not the £2.50 that is going to make you rich or that is going to pay your monthly bills.  But when you think that you might get some 10 referrals a month, you can potentially earn a regular £25 without doing anything – and that money could easily add up to your regular activities on InboxPounds.  Not bad for passive income!

 

Available support


Where InboxPounds, unlike some other PPC websites, does not fail is in providing good customer services and good support.  When you log on to InboxPounds, you have a Support link on the right hand corner, just next to your Sign In link.  The Support link takes you to a self help separate screen where you find explanation to how to use the website, and answers to other users’ questions.

At the same time, if you scrolls to the bottom of the site, you will find available a Tour of the Site, and a link to F.A.Q. which again contribute to assist with using the site, as well as answering questions about the pay scheme and about referrals.

InboxPounds is obviously most supporting of its referral scheme.  And proof of this is in the fact that it has many tools available for you to promote the site and its referral scheme.  InboxPounds offers a fairly generous array of banners, as well as your unique URL link to ensure future commissions from your referrals are allocated and paid to you.  And it has direct links to Twitter and to Pinterest for direct link promotions.

Yes, this is my account at present with InboxPounds - and the Jules is my username
Yes, this is my account at present with InboxPounds – and the Jules is my username

My verdict


So, why am I only rating InboxPounds with 70 out of 100?

Positives

This site has many positives.  For starters, it is FREE.  And this point must not be disregarded.  Many websites ask for an initial deposit, which may be reimbursed at a later stage.  To join InboxPounds you don’t need any of that.

And InboxPounds is definitely a legit business.  On my first payout, they actually sent me a cheque mispelling my name – no surprise there, as I do have a rather unusual combination of letters (but that’s a story for another day).  The point I am making is that, I contacted their customer services by email, and they sent me a new cheque within a week, with the correct spelling, and at no extra charge.  Which to me proves that, not only the company truly pays out, but they also have an extremely good and fast responding customer services team.

Negatives

But, there are a couple of issues which I feel I cannot disregard.

Starting with the online activities. not all of them are easy and quick to execute.  For instance, the surveys.

It is with surveys, more than with opening emails and accessing the ad link you are sent, that you can earn higher money.  Personally though, I have even stopped trying to do surveys.  No matter what time of the day or night you access surveys, you are always told that either they have already reached their audience target, or that you do not qualify as not fulfilling the age group or demographic required – and that is after you have already spent possibly five minutes answering questions.  That to me is pretty low.  You waste your precious time and you come out empty handed.

The second issue which I find pretty poor is the low pay rate.  In this time and age paying a penny (or cent) per opened email is only typical of scam websites.  Or maybe it is not, but then that is why scams are scams: they promise you a lot, and deliver nothing.

No matter how you see it, however, surely you can imagine that it takes you a little while to reach the minimum payout figure of £20!

Do I recommend InboxPounds?  YES!!!

In spite of its drawbacks, I would definitely recommend at least giving it a try.  Because, however little you get, it is definitely easy money.  My main activity is opening their emails – which takes me no extra effort nor time, as I can easily do so whilst going through my inbox every day.  And, when I remember, I search their internet through InboxPounds browser – and again, no major effort there, as their browser has a wide scope as much as the more renowned search engines.

The main thing, when signing up for InboxPounds, is to remember that you are not there to make big money, but solely to get a big of extra pocket money with fun activities.




Click on the below link if you want to join today!  Or share your thoughts about it, leave your comment below.

 

Name:  InboxPounds

Website:  www.inboxpounds.co.uk

Price:  FREE

Owner:  Daren Cotter

Rank:   70 out of 100

 

 

 

Keep your eggs in many baskets

No, I am not referring to ways to store your weekly supply of eggs in your kitchen. What I am referring to is to make a success of working from home.  Excuse my wacky attitude, but allow me today to suggest a flexible approach to help becoming an entrepreneur right and proper.

 

Keep your eggs in many baskets


A couple of years ago in my line of work (my ‘day’ job, that is) I came across a young lady who told me she was an actress.  I asked what she was working on at the moment, and she answered me she was freelancing.  This meant her keeping her eggs in many baskets, so to speak.  She was registered with different acting agencies, she was doing some teaching, she was doing some online work, and of course she worked with her agent for potential auditions and gigs.

My concern was: how could she make a living based on such uncertain terms?  The way she put it to me though was equally eye opening.

She explained, if my employer went burst, or less dramatically decided to reduced its workforce and I was given redundancy, I would be left with no income at all, given that my sole source of income was my day job.  Equally, if I were to fall sick of some form of ailment that prevented me to carry on working (such as particular cancers, which could potentially affect my current day job), my employer would pay me reduced sickness salary for up to six months, but after that and if still not fit for work, I would be asked to leave.  And some employers do not even have such more generous sickness packages, but pay the bare statutory basic sickness.  In other words, working for an employer is only marginally more secure than working on a self-employed freelance basis – that is what the freelance actress was trying to point out to me.

When you juggle many balls at the same time, she explained there is always something going which will generate an income.  She was primarily referring to various and different ways for her to advertise her acting skills and to reach out to potential gigs and opportunities.

But her take on ‘keeping your eggs in many baskets’ got me thinking.

 

Diversity is key to run a successful home business


And there is nothing more true than this approach when working from home.  Especially at the beginning, when you are barely monetising from your ventures, and you are far from matching a full time average salary if not more, it is advisable not to focus on one business only.  If one venture earns you a quarter of your monetary target, four entrepreneurial activities will make up the full salary that you are aiming to and that you need to sustain household and living bills – exactly as if you were working for an employer.

 

Diversifying versus specialisation


But how does diversifying translate in practice?  At the end of the day we cannot all be good at every type of home based business, surely!

If for instance my speciality were teaching maths, and I were to plan to do freelance teaching, how can I branch out into other areas of expertise?

Well, that is where you need to appeal to your most entrepreneurial vein.  When working from home, you need to become most creative.  And specialisms can walk hand in hand with diversification.

So, if teaching, you may want to advertise your freelance lessons actively, both on local papers, on shop windows of local newsagents, in the local community notice board.  But you may want to also approach local school, to see if they may be happy to refer students to you that may need additional tuition.  Or you may want to enrol with specialised recruitment agencies.

And you may also start learning how to leverage social media to advertise your enterprise.  Or you could learn how to build a website and attract further teaching business leveraging on your website outreach.


When sitting down and start brain storming, possibilities are endless.

 

Retain your identity


As mentioned above, diversification doesn’t have to stretch as far as doing a variety of different things to earn a bit of extra cash.  You can retain your identity as specialised entrepreneur in a specific business enterprise.

If for argument sake you were setting up an online selling point on eBay, and your speciality were to buy and sell antique items, nothing stops you from keeping a small ongoing stock of electronic gadgets, as you see fit pending the demand on the market for the latest trend.

Likewise, as I am specialising in blog writing, I could consider stretching my efforts into writing an e-book, and market it on Amazon Kindle with the aim to make a bit of cash and to create an ideal form of passive recurring income.

In other words, and like with the example of the maths teacher, you can still retain your identity as a teacher, trader or writer, but employ your skills and expertise in a more proactive and interactive way.

The main thing, I believe, is that, whichever business activity you embrace, you never loose focus in believing in what you are doing, and in wanting to share your findings with others and for the benefit of others.  If the sole motivation for what you are doing is making money, believe you me, it will not work.  Potential customers and clients will smell your thirst for money, and that will work as a deterrent instead as an incentive for people to trust you and your business.

 

Think outside the box with online business


Online business possibly lends itself better than other ventures to diversification, possibly due to its nature where you can find wide ranging and endless opportunities.

Let me introduce you to a short tutorial put in place by one of my dear friends at Wealthy Affiliate, Robert aka boomergp08, on diversification as a writer.  The tutorial, How to Earn Money Writing Online, goes through the various revenue possibilities as an online writer.  Click the blue link to find out Robert’s take – I can assure you, it is inspirational!

With an online business, and with a website, you can easily monetise on your blog, but it will take time for you to become visible to online browsers in order to attract clicks that will convert in purchases.  As mentioned in my page on creating good website content, the revenue generating process does take its time.  But whilst we produce content for our website, we all become better and better at it.  So, why not put our newly found expertise to use to others and produce writing for others?

And again, whilst putting together a website for ourselves, why not getting paid by acquaintances and friends for designing their website, based on their requirements and needs?

As Robert mentions in his tutorial, think outside the box, and use your skills to the benefit of others.

 

 Diversify your skills with telecommuting


Naturally, diversification is not solely limited to home based business enterprises.  You may well be working for an employer, part time or full time, and have additional ways of making extra money on the side.  The general approach, as far as employers are concerned, is that so long as the employee’s additional income attempts do not interfere or clash with the employer’s line of business – in other words, so long as there are no conflicts of interest – employers welcome the proactive attitude of employees, so long as your additional revenue activity is not run whilst you are working for your employer.

In the home based business opportunities examined so far, I can easily work on my 9-5 job, whilst trying to sell some items on eBay, and whilst doing some online marketing job, and whilst chancing my luck at binary option trading.  Or you could make a monetary investment for additional source of revenue in the shape of passive income.

But diversification is not solely about making money, or making additional money.  It is very much about expanding your areas of expertise.  So, whilst working for an employer, you might want to approach your HR or line manager with a view to be put forward for courses or workshops to gain additional skills.

Because it is through the initiative, a proactive and creative attitude and a variety of acquired skills that we can broaden our horizon and become a 360 degree entrepreneur.  We are all born naturally gifted with the mind set of an entrepreneur – I most certainly am not!  But we can all reach success if we work hard at it.

 


Please share your story about how you established your entrepreneurial business venture successfully.  Or tell how you diversify your business.  Leave your comment below.