According to their website, SwagBucks.com is a “loyalty program” where you can earn prizes for doing the same stuff you do online everyday.
Shopping, watching videos, searching for products, playing games; all of these things and more can earn you prizes with the Swagbucks system.
How Does Swagbucks Work?
It may be confusing to understand why a company would pay you to just do “anything” online. But companies understand that the average American actually spends quite a lot of time on the internet, and that what people do online says a lot about their interests, habits, likes and dislikes.
If companies know what kinds of games people play or what kinds of products and advertisements catch their attention, it goes a very long way towards helping companies understand how to better reach their target market. Companies all over are discussing the benefits of understanding exactly how and why we do the things we do online.
So, Swagbucks will give you prizes in exchange for “doing what you already do online” because they are taking that information and providing it to others, who will use it to change and influence the way they do business online in the future.
What Is a “Swagbuck”?
Swagbucks, unlike other pay to search sites, does not compensate their members with money. Instead, they give them various amounts of points, called Swagbucks, for the tasks and activities they do online. At any point in time after you have begun collecting these Swagbucks, you can go to the Swag Store and exchange them for items.
One of the issues with Swagbucks is that they do not maintain a set rate of pay for activities. The pay changes as certain demands for information changes. However, keep in mind that you are still simply getting paid for activities you would be doing regardless, so though it may be frustrating, it’s still not a bad deal.
You also have the option of turning your Swagbucks into cash, but customers report that you get less bang for your Swagbuck when you make this choice. It takes more Swagbucks to get cash paid directly into a PayPal account then it does to simply redeem them for a gift card of the exact same value. This goes back to Swagbucks’ partnership with various companies, but luckily for their members these partners tend to be large vendors like Amazon.com and Wal-Mart, places where you are likely to spend your money anyway.
Tips for Earning with Swagbucks
- Take advantage of the referral system. When you refer someone, Swagbucks will reward you with matched earnings up to 1,000 points. The more people you refer, the easier and faster you’ll rack up Swagbucks.
- When you use the Swagbucks search, be normal. Swagbucks is recording your searches, and if you are continuously entering gibberish like “aldkjfa;ldkj” and hitting the search button, you won’t be a member for long.
- Take advantage of the Swagbucks “extras.” Once a day, they’ll have special offers for you to look at that will take a couple seconds. Or submit poll ideas. If yours is chosen, you earn more.
- Use their toolbar, and better yet, use Swagbucks. For everything. The whole point of the system is that they want to know what you are doing online. The more you use it, the more they benefit, and the more you will earn.