In my continuing quest to earn a passive income online, I have stumbled across a website that I plan on implementing into my passive income plan.
CashCrate is simply a service that compiles paid trial offers and surveys. You complete offers and surveys, and you earn a small fee for your time.
I went through their introductory program, completed my first 3 offers, and have earned $2.40. This is not a lot of money by any means, but it does go to show that there is money to be made…and quickly. My total time for that first $2.40 was approximately 10 minutes ( on pace for $14.40 an hour).
The beauty of the CashCrate system and the reason I am excited about it, is their referral program. Theoretically, you could never complete a single survey or trial offer and still earn money through their referral program. here is how it works:
For the first 50 referrals you earn 20% of their earnings. That’s right, without lifting a finger, you earn 20% of the money that your referrals are earning. On top of that, for every second level referral (one of your referrals refers someone else) you earn 10% of their earnings.
You can literally build a small army of referrals that may complete a few offers a day, but earn big bucks for you!
The CashCrate referral program also gets better as you increase referrals. When you reach Elite status and have over 500 referrals, you will earn 30% of your referrals earnings, and 20% of your second level referrals.
If you do the math, you have already realized that there is serious earning potential here.
The trick here is obviously going to be getting referrals. The more you get the more you earn. Simple as that. So how do I plan to go about getting referrals?
- Promote here at Ascent to Freedom.
- Include my referral link in my e-mail signature
- Create free business cards at vista print with my referral link
- Put up pictures of my earnings checks (once they start rolling in)
- Create a website dedicated to CashCrate. This will allow me to display banners for CashCrate.
So all in all, I think this can be a very lucrative activity. I will let you know how I am progressing, and if I am actually able to gain any referrals who will earn any money.
Do you have experience with CashCrate?
Do you participate in their referral program?
