There are many ways to make money online.
However, you can choose to earn from pennies to 1000s a month, it all depends on how much effort you are willing to put in.
InboxPounds Review
- Product Name: InboxPounds
- Website: www.inboxpounds.co.uk
- Business Type: GPT (get paid to)
- Price: Free to join
- Overall Rating: 4.1/5
What is InboxPounds?
InboxPounds is the UK version of InboxDollars, a website that rewards members for completing a variety of simple activities.
The American version was founded by Daren Cotter in 2000 and is used as a powerful marketing tool for advertisers.
It has grown considerably since then, achieving the remarkable mark of $35 million paid to its members. These are the activities offered by the English version:
- Filling up surveys
- Completing offers
- Playing games
- Referring it to other people
Pros and Cons of InboxPounds
Pros
- Free to Join
- Easy layout
- Offers a referral program
- £1 Sign up bonus
Cons
- Low-income potential
- It pays only by cheque
- You must have £20 to cash out – It can take ages!
- It is hard to get accepted for the surveys
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An Initial Motivation – Earn £1.00 as a Sign Up Bonus
You get an incentive of £1.00 just for signing up. You only have to fill up the form with your name, address, and email.
A confirmation email will be sent to your email, and you just have to open and click the link. That’s it, easier than bending down for a coin on the floor!
Next, you can get another bonus of £0.50 by completing the following list:
Online Surveys – Do You Think Your Hour is Worth Less Than £1?
Filling up surveys is the most popular way to earn money online. I always expect to earn very little from online surveys, but after taking a look at the rewards inside Inbox Pounds, I was very disappointed.
Take a look at these surveys from a company called Peanut Labs:
If you decide to go for online surveys, my advice is that you always look for the time it will take you to complete and calculate your hourly pay rate.
From the above, you can see that your time is extremely undervalued for Inbox Pounds.
For example, if you spent one hour with the first survey, you would make just £0.76.
Furthermore, you will have to fill up some pre-qualification questions before you actually start the survey. As they are searching for a particular group of people, depending on your answers, you may waste your time and end up with £0.
Earn By Completing Offers
Offers usually have a higher income potential. There are both free and paid offers to choose from, and my advice here is to be very cautious.
Free Offers
Most of them are online survey companies that you have to sign up to. There are also other options such as subscribing to try out products and services such as magazines, games, expert advice, among others.
Some offers are subscriptions with a free trial included. Be cautious because if you don’t cancel the subscription within the free trial period, they will charge you for the service.
They are paying you because it is a way to make their product/company known and also a chance to get people to buy them.
It is a clever marketing tool. Instead of paying for a simple ad, companies pay a commission to Inbox Pounds, that in turn reward their members for trying out the products.
Offers that require a payment
There are many types of offers in this category.
Usually, you will get ZERO from those offers because InboxPounds will pay you less than your deposit.
For more offers and survey opportunities, both Prizerebel and InstaGC are good options as well.
Simple Tasks With CrowdFlower
This option redirects you to another website called CrowdFlower, which is a company dedicated to data mining and crowdsourcing.
Some examples include answering simple questions, evaluating sentences, providing feedback, help with categorizing YouTube channels, among many other tasks.
Unfortunately, this platform will pay you even less than marketing research companies.
It all starts with a qualification exam, and it is so time-consuming!
When you do the math, sometimes you can get less than £1 per hour worked.
The Best Way to Earn Money With InboxPounds?
When you refer people to InboxPounds, you get 10% of their earnings. You can refer using email, social media or your affiliate link placed on your website/blog. A
Although this method won’t make you rich, it can be your best way to earn money with InboxPounds. I will tell you why.
People will take ages to save with Inbox Pounds, but if they stick with it, they can earn £7-10 pounds per month.
Let’s suppose you have a website which attracts many visitors. In one year, you could realistically get a 50 active users earning at least £7 per month.
Well, 10% of 350 equals to £35 pounds in commissions that are FREE money every month. Forget about boring surveys or whatever! By doing that, you are using the principles of internet marketing to earn money online, and this is a wise thing to do!
Final Thoughts
Overall, InboxPounds is a great GPT platform to make money online. You have the advantage of getting paid in the comfort of your home.
However, there are much better ways to make money online if you are willing to put in the time and effort.
If you are interested in learning how you can turn your passions into a profitable online business, keep reading.
Verdict: Legit
My Advice to You
If you are searching for an effective strategy to make money online, then I highly encourage you to check out my #1 recommended program.
It will give you in-depth tutorials, expert support, and all the essential tool grow a successful affiliate website around your passions and interests.
No, you don’t need any experience as the training starts from the very basics! By the way, there is a free trial available to help with your decision.
I have made amazing progress thanks to the solid training and exceptional support from the community.
Here is a screenshot of my last month’s earnings:
Thanks for taking your time to read this article. I hope it was helpful! If you have any questions about InboxPounds and its methods to earn money online, please leave a comment below.
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-Stefan
My #1 Recommendation
