Is GeoString.com A Scam?
So a while ago I received an email from Clixsense.com about a new make money at home venture, GeoString.com. My ears perked up for two reasons. One, I'm all about adding to my multiple streams of income. If you've been on this blog long enough, you know how I'm always preaching that smaller streams lead to big lakes. That's how I view any way to make money regardless of how little the money may seem. It's that type of thinking that has allowed me to work at home full time and why many of you now make money at home legitimately. The second reason I perked up was because the email was coming from a company I trust which is Clixsense. It's one of the long standing PTC websites on the web which I have made money with consistently and reviewed here.
With that in mind, I was very excited about the promise of GeoString.com. But because I've been in this industry for a while, I know it's not wise to just jump into an unproven new opportunity even if it's from a trusted source. I don't like being anyone's guinea pig so I wait and see. This is why this review happens to be months after GeoString's initial launch. So let's detail in this review what I've discovered now that the dust has settled.
What is GeoString about?
GeoString is very simple. It's basically a get paid to read email opportunity, very much like Hits4pay.com
. Just like Hits4Pay and most non-traditional work at home opportunities
there is an "OPTIONAL" referral or affiliate program. (Surprise, Surprise. Not. lol) But GeoString wants to be cute and label the referrals you may decide to acquire as "strings". These referrals will probably be from all over the map. Put it together and you have GeoString. Hey I give them some points for thinking of a decent name.
How GeoString works?
As I just mentioned they want you to create "strings" of people, to join up and read and respond to an email once a week. You sign up for FREE, each time you refer someone else to sign up also, you're basically starting a new string. All the people that your referrals sign up, become attached to you up until 10 levels. For those of you who have become pretty savvy at this, it is very similar to an MLM. I know for some people MLMs are viewed like pyramid scams. But if an MLM has an actual product or service and not just dependent on signing up new members to make money, it's not actually a pyramid scheme. So keep that in mind just in case you're rolling your eyes.
How do you make money with Geo String?
You get $10 credit (real money) for signing up which is free. (No complaints here.) Then every Tuesday you get an email with one ad. Read the ad and click a button to confirm you read it. Once you do, you earn $.01 for the painful "trouble" of reading the ad. lol Like any good make money program you also get paid for spreading the love and trying to get others to sign up under you. It's purely optional, well sort of when it comes this opportunity. But as someone that makes a living spreading the love, you probably want to do it to make some decent money.
When you do refer others, like you your referrals will also earn $10 for signing up. But what's sweet for you is that you also get $.01 for every email your referrals respond to. To make it even better, you also get $.01 for everyone of your referrals and their referrals reading emails down to ten levels. That can add up pretty fast if you know what you're doing. (Trained affiliates would probably kill this easily.)
How often will you get paid?
Like most of these kind of non-traditional opportunities there will be a threshold you must meet before getting paid. Sadly this threshold is $100. You get paid once a month, for the previous month's earnings. A check is sent directly to your home address (Really, no paypal?). They go on to claim you would be shocked at how fast it builds up. To prove their point, they even have a calculator thing where you put in the number of referrals and they show you how much money you can earn.
Look, I don't need a cute little calculator to tell me at a penny a click, it will take a gang of clicks to get to $100 by myself. Even with the $10 credit, it ends up being 9,000 clicks. Doing this on your own will take forever. So obviously this is to encourage you to get people to join. Now someone like me who is a trained affiliate
with a large following, could probably easily get the large number of people it would require to help me earn the $100 threshold. But this ain't about me. It's about you and honestly I think the threshold is excessively high for the average person. Most companies in this industry have minimum payouts that range from $2 – $25. $100 is just ridiculous in my humble opinion.
That being said, I have no doubt that if you do reach the $100 threshold you will get paid. The fact this company is run by Clixsense which has a long standing history of paying sort of guarantees that to me. So I would expect the same level of service here. That being said like any program I'm sure there are a few people that slip through the cracks. Unfortunately in my experience regardless of how legitimate a company may be, they aren't free of complaints.
Show me the money!
So keeping the high $100 threshold in mind please consider the following. Geostring went live March, 2010, so it is just over 6 months old. So it was none of that beta stuff like PayBox.me
. The site is live! As such, there has been a lot of chatter and hype with people going whole hog promoting it! That is no surprise considering how this site is set up to encourage referrals. I have no issue with that. But what's making me feel more uncomfortable than a grown ass man in tighty whities is that there is a lot less confirmation of people getting paid. Now am I surprised? Not really when you consider the numbers of referrals you would need to reach the payout threshold. That could take months or even a year for most people. In all fairness to GeoString, 6 months is not a long time to be in business, I agree. But if you are trying to build a businesses there is nothing like success to breed success. Proof of people getting paid is the best success you can find, so demonstrating it relatively quickly is in your best interest. Without proof, people will start accusing you of being a work at home scam
and could doom your venture before it starts to take off.
To that end you would think they would lower the pay threshold so more people would be successful. To make matters worst GeoString has had a bit of a spam issue (which isn't really their fault). According to the company some people have reported some of the paid emails they signed up to receive as spam. To combat the problem they recently sent a letter to their subscribers explaining this problem and how the long term effect has been that they have not grown as much as they had hoped. In my book doomsday letters like that don't sell a whole lot of confidence for future success.
Although I do not believe GeoString is a scam or some phony pyramid scheme, I do believe it will be difficult to earn money with this thing. You really need to have access to a good number of people, who in turn will be good at referring others for you to make money with this opportunity. I know from experience this isn't a good fit for many of you. It's not like something like ICS
or Fusion Cash
where you could actually earn purely from your own efforts.
Now I'm not telling you not to try GeoString. At the end of the day it is free, so you probably won't lose much. The fact it's run by a long standing legitimate paying company Clixsense also makes me feel less on edge. However considering the ridiculously high payout threshold and the need to have a large pool of people to refer, I just don't really see a lot of normal folks being successful with this opportunity. However trained internet marketers
and people with a large following could probably easily ace this.
In any event I would love to hear your thoughts about this opportunity. If you have had success with this opportunity or haven't, feel free to chime in below. I'd love to hear from both camps either way to get a balanced view of this company.