The first freebie site saw the light approximately 4 years ago. Since then, millions of users have signed up for them and business owners have multiplied their offerings a thousand fold. The industry continues to show tremendous growth as browsers cant get enough of these sites and the people that run them are capitalizing big time.
The basis of this business model is a simple one: incentivized, or forced leads. Lets try and make those industry terms clear for the layman. It all begins with online advertisers of the CPA variety. Advertisers in all shapes and sizes offer a CPA or Cost Per Acquisition payout to affiliates that promote their offers. When a user signs up for one of these offers, the affiliate makes a commission.
Here is where the incentivized part comes in. The affiliate, in this case a freebie site owner, shares this commission with the user that generated it. This sharing takes many forms including gifts ranging form the original free iPod to free Xbox 360s and just about anything in between. Cashback rewards have also become increasingly popular and some users have made over $10,000 in easy money just by completing various affiliate offers...
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