Featured Post #1

Genesis: Free Offer Detective .com

The whole idea behind the creation of www.FreeOfferDetective.com was to provide solid, actionable information to the consumer so they would be in control of the decision to participate in a particular site or not.

Head FOD | September 10th, 2009 | Continued

Featured Post #2

Where Are the FOs Going?

 
Recent Survey of Free Offer Sites
After a quick look “around the league” to see what the “state of the FO” is looking like, we found some interesting trends from our Free Offer Friends.
A Rose By Any Other Name?
Don’t know if they’re trying to change the subject, but more and more sites are now calling themselves [...]

Head FOD | September 1st, 2009 | Continued

Featured Post #3

What a scary word that is: “free”

Like beauty, “free” may only show up in the eye of the beholder. But, learn how the investigators at FreeOfferDetective.com are looking out (and around) for you.

Head FOD | August 25th, 2009 | Continued

Featured Post #4

Relating the Free Offer Dollar Values

 
For those who have asked about the “real dollar value” on some of these free offers, we’ve decided to quantify the amounts and name names of a sampling of the giveaways.  But, before we can do that, we’ve got to trot out all the standard disclaimers: your results may vary, for comparison purposes only, void [...]

Head FOD | August 24th, 2009 | Continued

Featured Post #5

A Look at the Optional Survey Pages

Those optional survey pages on Free Offer Sites ask a lot of questions about various circumstances and aspects of our lives. But, do they provide a service or procure us some benefit about which we may not be aware?

Head FOD | August 22nd, 2009 | Continued

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Genesis: Free Offer Detective .com


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How many years has it been?

Before there was even a FreeOfferDetective.com there was just a group of internet marketers that thought the best way to approach bargain hunting on the web was to have an educated clientele base. 

Great, where do they get their diplomas? 

No, not that kind of education!  The average bargain hunter needs an education based on relevant information.  So, okay, answer these two questions about ‘relevant information’:

  • what would it look like?
  • how would it be provided to the bargain-hunting internet user?

Wow, you ask a lot of questions for someone from New Jersey.  (Are we dating ourselves with that line from Roseanne Rosanadana?)

But, when the marketers stopped to give those questions some thought, the consensus was that the method of providing the information was likely going to be a lot easier than deciding the form it would take. 

Rule #1

To their credit the group started by putting themselves in the place of internet consumers, and they began their research with that idea foremost.  They found that there was certainly a lot of free stuff (the best kind of bargains!).  But there was one genre of ‘free stuff’ that caught their eye(s) almost immediately.  These were the “free rewards” sites that required certain consumer interactions in order to “qualify” for the free items. 

These sites certainly had free stuff, but it was more than samples, or coupons, or sweepstakes.  It was a laptop, or a $1,000 gift card.  It was always very attractive, in-demand items that could easily have been sold for a “deep discount” and would still have had plenty of interested customers. 

But, free?  No way.

“How can they do that and still stay in business?” the group asked themselves. 

Formulating strategy

And the rest, as they say, is history.  The researchers started looking into the offers from the standpoint of consumers; as if they were potential participants—and, to a certain extent they were.  As they explored deeper into these sites, they began to discover that there was, in fact, a dollar offset from “free” but, while it was often reasonable, it never was actually zero.  But, they also found that with a little strategy (and timing), some good bargains could be found. 

Voila: better informed consumer

This “strategy participation” is the information that would educate the online bargain hunter.  Solid, actionable information could be placed into the hands of the consumer, and that would keep them in control of the decision to participate in a particular site or not. 

The group then found that the process for gathering this information felt as if they were detectives on various cases.  It seemed to be right out of the old movies based on the Hammett and Chandler mysteries.  (There we go dating ourselves again.)  And that sleuthing provided the theme and the name of their new informational web site with review articles on the offers.

FreeOfferDetective.com

September 10th, 2009 | Head FOD | 0 comments | Continued
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Where Are the FOs Going?


 

Recent Survey of Free Offer Sites

After a quick look “around the league” to see what the “state of the FO” is looking like, we found some interesting trends from our Free Offer Friends.

A Rose By Any Other Name?

Don’t know if they’re trying to change the subject, but more and more sites are now calling themselves “free reward” sites with a variety of “sponsor offers” to qualify for the incentive item (that’s our phrase). 

No New (sur)Prizes?

The value of the incentive items remains relatively the same—between $300 and $1,000—but there appears to be a growing diversity of choice.  We still find the $1,000 Best Buy, Target, and Wal-Mart Cards, but now there are Pottery Barn cards, Radio Shack cards, and Sun Glass Hut cards.  There are $1,000 grocery shopping sprees at the supermarket of your choice and more restaurant gift cards to places such as Red Lobster and Macaroni Grill along with all the old standbys like Olive Garden and Chili’s.

Bring In “The Count”

One of the more noticeable changes has been the number of selections required to qualify for the incentive items.  All sites require two selections on the first and second pages, but the trend now is to have only two or four selections from the last page.  The usual requirement is 13 selections on a typical 2-2-9 program.  We’re still trying to discover the reason for the reduced number of selections. More later.

Here’s wishing you the Best of Bargains,

Head FOD

FreeOfferDetective.com

September 1st, 2009 | Head FOD | 0 comments | Continued
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What a scary word that is: “free”


 

The Distinction Is Pretty Subtle

We’re sorry.  It’s probably our fault.

Maybe we haven’t drawn the distinction clearly enough, but there is still some confusion about that term “free” when it comes to the Free Offer (FO) giveaway sites. 

And, that’s because sometimes you can’t tell the players without a program.

“The Secretary Will Disavow any Knowledge…”

Right up front, the FO web site owners tell you that the offering vendors on the three selection pages have nothing to do with the main incentive item, its purchase, or its disposition. That’s strictly handled by the marketers who own the web site. They also tell you that the national brand name company whose logo is on the incentive item being offered likewise has no knowledge that their item is being used as an FO attraction.

Yes, You Will Leave Money at the Website…But That Doesn’t Count

All the web site owners are telling you is, in order to get the main incentive item that “headlines” their front page, you will need to participate in a number of offers made by their clients on the silver/gold/platinum selection pages. And yes, participating in those offers will cost you some cash. But, that’s different. Your credit card will be lighter than when you first came onto their web site, but since they only control the incentive item and not the individual ad/offers, whatever you spend on those doesn’t make the main item less free.  Are we together, so far, Bargain Seekers?

So, How Cheaply Can You Still Arrive at the Prize?

What you should really take a look at is how much of a monetary trade-off will you have to make in order to achieve the incentive item. In other words, how cheaply can you get away with qualifying for said item? And guess what? That’s what the review articles at FreeOfferDetective.com will show you on the selected sites that they research.

August 25th, 2009 | Head FOD | 0 comments | Continued
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Relating the Free Offer Dollar Values


 

For those who have asked about the “real dollar value” on some of these free offers, we’ve decided to quantify the amounts and name names of a sampling of the giveaways.  But, before we can do that, we’ve got to trot out all the standard disclaimers: your results may vary, for comparison purposes only, void where prohibited, etc., etc.  And, remember, our reviews take the shortest—meaning cheapest—route to get the main incentive prize, disregarding any continuing membership fees or ongoing subscriptions.  We’re only showing what it takes to qualify to achieve the incentive item—period.

A Variation in Discounts Quantified

  • If we look at the Dell XPS laptop offer, we find that taking the least expensive route to qualifying would be realized by selecting ad/offers totaling some $182.53.  According to the Dell web site, XPS laptops are selling in the $1,000 price range which would equate to about an 81% discount.  Fairly impressive.
  • Similarly, it would cost us $173.44 in selecting offers to minimally qualify for the $1,000 Wal-Mart Gift Card.  This would be the equivalent of about an 83% discount on the card. 
  • And, our “winning” free offer, of those that we reviewed, would be the $1,000 Visa Gift Card for which we could qualify for selecting offers totaling less than $30. 

Plus an “Un-Discount”

At the opposite end of the “best offer” spectrum would be the iPhone giveaway in which it would take over $3600 in purchases to qualify for a $200 smart phone.  But, as we mentioned in our review article on this offer, we believe the intended target audience was extremely confined, i.e., persons seeking a package of wedding/honeymoon expenditures.  

Alas, Another Caveat

Once again, these are only comparisons between the straight numeric dollar values of the incentive items vs. the cost of the offers selected to qualify for them.  There is, of course, no consideration of factors such as convenience trade-offs, any usage restrictions, or other non-monetary aspects. 

We plan to do more of these comparisons to see if there might be an easier way to evaluate the relative merits of the offers we review.

Until then, here’s wishing you the Best of Bargains,

Head FOD

August 24th, 2009 | Head FOD | 0 comments | Continued
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A Look at the Optional Survey Pages


 

Are We Overlooking Hidden Value?

We’ve never spent a lot of time talking about the optional survey pages because they were always…well, optional.  These are the dozen or so pages of questions that are located right after the registration form at the beginning of the offer selection process.  They inquire about various consumer habits and circumstances (auto loans, residential issues, debt, health, etc.) which, after completion, offer products that address the answers that most directly apply to those who have just answered the survey questions.  And, just a quick look over the types of surveys presented show some interesting trends, if not about online shopping bargains, then certainly about society overall.

The Most Common Questions

A cross section of the survey pages from several free offer sites reveals that the most common surveys (21.3%) dealt with higher education opportunities.  The second highest number of questions dealt with the growing population of America’s elderly with a 20.3% combination of retirement-related offers (4.6%) and free glucose meters for diabetics (15.7%).  Next came questions with equal percentages (6.5%) each for home ownership, a particular brand of residential security system, and various health coverage plans.  Surprisingly, a topic which we thought would have a much higher percentage of inquiries were debt-related offers comprising a barely noticeable 3.7%, which also happened to be the same percentage of questions about selling or renting timeshare properties. 

What Good Do They Do?

Another thing we noticed was that many questions dealt with offers made by several “middle man” entities which did little more than offer a liaison between consumers and various services such as debt counselors, college registrars, and auto loan specialists.

Upon completion of our survey of the surveys, our opinion of their usefulness and value to the consumers was unchanged: they should remain strictly optional to the overall qualification for the main incentive item of the free offer site.  Although, we must admit, we did receive a nice glucose meter for free.

August 22nd, 2009 | Head FOD | 0 comments | Continued
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Free Offer, New Wrinkle


 

Some of the free offer sites are rolling out a “late inning” enticement to get you into the second tier section of their sites.  The second tier is another set of three selection pages just like the first ones (identical layout except for the survey pages—and, you’re already registered). 

To get you into that second tier of pages, some sites are giving you another major incentive reward as a “fourteenth selection.”  (We’re just calling it the “fourteenth selection” since the normal FO setup is a 2-2-9 selection program, and, if you go into the second tier of selection pages, the first choice you make there will be your fourteenth. 

Anyway, this means you’ll end up with three major giveaway items: this bonus 14th selection and the main item in each of the first and second tier layouts.  But, the prize for the fourteenth selection is contingent on successfully completing the entire second tier offers.  So, you’ll end up with either three prizes or just one.

August 21st, 2009 | Head FOD | 0 comments | Continued
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Layout of the Typical Free Offer Site


 

A Shopping Drama in Three Acts 

Most free offer (FO) sites present their wares in three stages:

  • The Preliminaries
  • The “Money Pages”
  • The Bonus Round 

Act One – Introduction

The preliminaries include the front page display of the “headliner” incentive item which attracted your attention in the first place.  You will receive this item for free if you qualify for it by participating in a required number of ad/offer banners on the three selection pages that follow.  Said participation will not be free, which is a bone of contention for the uninitiated who don’t realize that the offer of the free incentive item is being made by the web site owner, NOT by their individual clients who rent space on that web site to advertise their products for sale. 

 

Then comes the registration form where you provide an email address and your personal demographic information. After registering, you will proceed through several “survey” pages where you may optionally fill out forms that allow you to garner some side benefits.  These may be specific product brand information or some small giveaway item.  When you arrive at these pages, you will find the entry fields already pre-populated with your personal information and, whether you choose to participate in the survey or not, you will likely receive follow-up e-mails and perhaps even correspondence to your registered address. 

 

Act Two – Where the Rubber Meets the Road

The “money pages” are the focal point of the free offer site and will display a cornucopia of ad/offer banners from the individual brand name companies doing the advertizing on the FO site.  Over the three silver/gold/platinum selection pages there may be as many as 150 ad banners from which to choose.  As mentioned earlier, your choices on these pages will cost money.  And, you must make a specified number of choices per page—usually 2 on each of the first two pages and approximately 9 choices on the last page. 

Act Three – Free Offer Redux

It is becoming increasingly common for free offer sites to provide another complete set of selection pages for you to obtain another incentive giveaway item.  These bonus pages, which are not present on all FO sites, allow you to choose from a list of offered items, then repeat the selection process over another set of silver/gold/platinum pages. 

You will find that although incentive items offered by individual FO sites vary in type and value, the three-part layout of their web pages seem to be a fairly standard design.

August 17th, 2009 | Head FOD | 0 comments | Continued
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For Purposes of Comparison


 

Apples To Apples; Oranges To Oranges

Help us find a way to rank the offers relative to each other as far as cost and value.

We’re thinking along the lines of the initial costs for an RFT versus what its continuing monthly memberships would run. Then we’d need a comparable value for the non-RFT offers that would easily equate the dollar values for sales with the monthly charges.

Would a Time Element be Useful?

Perhaps we should calculate a factor equal to how many months it will take for the continuing costs to equal (i.e., cancel out) the value of the “free” item. For example, if the item had recurring costs of $54.84 per month and the free reward item was a $500 gift card, the “break even point would be 9.12 months.

Help Us Out, Tell Us What You’d Like To See

We’re still in the planning phase of how to do this and we would love to get shopper inputs and hear suggestions on what method to use to arrive at a number (like a batting average) that would give us a relative strength quotient for the individual offers.

Share Your Wisdom or Better Idea

Please feel free to comment on what you believe would be a good value on which to base this statistic.

August 3rd, 2009 | Head FOD | 0 comments | Continued
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Categories of Free Offers


 

Two From Column A

Free Offer sites are web locations where you can obtain incentive items such as laptops or major gift cards if you participate in a number of the presented offers from selected advertisers.

There are two types of offers on these sites: the risk free trial (RFT) and the outright sale, including subscriptions.

Risk Free Trial

As the name implies, the RFT is a way for you to try out a product for a trial period. For this trial you pay only the account start-up costs, usually a small bookkeeping fee, or the shipping and handling charges, or both. This is why Risk Free Trials are also known as “Free plus” offers, meaning Free Plus Shipping or Free Plus S&H. Most health and beauty offers are RFTs. At the expiration of the trial period, you become enrolled in a membership program that automatically sends you the product at regular intervals and for which you pay a special membership price. Memberships continue until cancelled.

Although acknowledged and explained by the researchers at FreeOfferDetective.com, such membership programs—and their costs—are NOT taken into account when considering the dollar offset between “free” and what the main incentive item will actually cost. The FOD review articles concentrate only on finding the cheapest way to qualify for the main incentive item, not on what ancillary costs may be incurred on the way.

 

Outright Sale

Just what it says. These are plain old “buy this product” offers, and many are at reduced pricing. These offers include book clubs, DVD/movie clubs, and straight subscriptions such as satellite TV services, monitored alarm systems, web hosting deals, and the credit monitoring reports. These are all offers which declare the associated costs at the time of sale. In other words, you will know you need to buy X number of books/DVDs over the next 2 years and the prices start at $14.95, etc. Or, you know what the monthly fee for the satellite service will be and that you’ll have to purchase a dish antenna.

These are in contrast to the RFTs where the shipping charges vary depending upon where you live, and the post-trial membership fees are usually found in the offer’s fine print. Nothing wrong with that, certainly, but that is a distinction separating the two categories of offers.




Here’s wishing you the Best of Bargains,

Head FOD
FreeOfferDetective.com

 

July 11th, 2009 | Head FOD | 0 comments | Continued
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My Slamdunk-Approved Visa Credit Card!


 

Here’s one of those little surprises from a vendor that I never signed up with (although I had recently paged through the optional surveys on a fee offer site). I received via U.S. Mail (it doesn’t get any more official than that!) a Netspend prepaid Visa Card without knowing from whence it came. The back of the card said “issued by MetaBank,” so I went to their web site. The first thing I discovered there was that they have a trap-and-hold home page. You know what that is, don’t you?  It’s a captive page that you can’t leave by just using your Back button.  Strike One.

Hurray! I Got Approved and I Didn’t Even Know I Had Applied!

Then, I started looking around. The card has another name: AccountNow. Everyone is approved for a Netspend/MetaBank/AccountNow Visa Card.  Well, that’s probably because it’s a pre-paid card.  And, it’s pre-paid by deposits the card holder must make into the bank account BEFORE using it.

That means, if you use it to pay for your double latte tofu espresso decaf, and the clerk asks you “Debit or Credit?” you have no option but to declare “Debit.” And guess what? If you happen to use the card on a purchase that exceeds “the value of the funds available on your card,” also called a “shortage,” they’ll charge you $29 every time that happens. “But,” you ask, “how can they charge that fee if there are no funds in the account?”  What an interesting question.  I don’t know the answer to it, but maybe that’s why they want you to sign up for an automatic deposit to the account.

There’s a Charge for That?

You’ve also got to make sure you allow enough funds to cover the various other charges associated with the card.  There is the $2 ATM fee which, granted, is fairly standard.  But, then there’s the monthly maintenance fee of $9.95, and an ATM balance inquiry fee of $1.  If you wish to speak live to an agent at the bank, the first call in a given month is free; the rest are $2 each.  If you want a paper statement that’s $2.95, and if you just want to check the automated phone teller system, that will cost up to $0.50 per occasion. And, there are others.

Oooh! That’s Going To Leave a Scar

Look, I know these kinds of cards are for people whose credit has suffered—they’re even touted as being for people with less than perfect credit.  But really, is this going to help the old FICO score?  How much weight do the credit reporting agencies give to these kinds of cards that are just accessing your own money?  Heck, I wonder how much information Netspend/MetaBank/AccountNow turns in to the credit agencies every time one of those $29 shortages is takes affect?

That visualization really causes one to wince.

Here’s wishing you the Best of Bargains,

Head FOD
FreeOfferDetective.com

July 10th, 2009 | Head FOD | 0 comments | Continued
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Is That “Free” Offer Really Free?


 

Dare We Say It? Free Offers Are Not Free!

If that statement is a shocking truth to some people, well…then, they just haven’t been paying attention.  Consumer edification is one of the reasons why we’ve developed this little review web site.  (Look, there’s a commercial message before we even get out of the first paragraph!) 

But, seriously, why would these offers really be free—meaning without cost?  Just because they say they are?  We refuse to believe that the most discriminating shoppers in the world have become that gullible.  And, they haven’t, of course.

Why Would Valuable Items Be Offered Totally Free?

The most casual of observers, if they’re honest with themselves, just have to know that the incentive items used by free offer sites (laptop, $1,000 gift card, airline tickets, etc.) couldn’t actually be free since they all have relatively substantial (i.e., not cheap) dollar values.  Surely we haven’t become that much of a something-for-nothing society.  At least, not yet in the marketplace.   

“Well then,” some would say, “they should be prevented from using the term ‘free.’ ” 

Really? And who will enforce that rule, the government?  Oh, please!

The Other “Free”

The free marketplace doesn’t need any more government meddl… er…uh… monitoring than it already has.  And that’s another reason why this web site has come into existence…to help keep the free marketplace just that way. Free. Not Utopian, certainly, just Unfettered—which is yet another definition of the word.  Laissez-faire as our libertarian friends would say.  (Those are the real kinds of ‘free’ to believe in.) 

What would be infinitely more useful than more government oversight is a well-informed consumer base that is kept aware of the nuances of online advertising and marketing.  Which, amazingly enough, brings us back to the original reason for FreeOfferDetective.com.  We want people to know more about these free offer sites so they can be better informed in order to base their decisions to participate (or not) on their freedom of choice rather than on what somebody says.

Please Join Us To Make Us Better

We’d certainly like to hear from others who have any kind of opinion or comment about these free offer sites.  Or on anything else you’d care to talk about in the vein of internet marketing or online bargain hunting.  (We know this opening post didn’t put a smile on everyone’s face. Let’s hear from you.) We’re brand new and can make new categories of posts up in the yellow menu bar.  Come grow and learn with us. Subscribe now. 

Here’s wishing you the Best of Bargains,

Head FOD
FreeOfferDetective.com
 

 

 

July 6th, 2009 | Head FOD | 0 comments | Continued