Paid Names

I call this type of scam "Paid Names" because I don't know what else to call it. Once I tell you what it is, I guarantee that you have seen it on some level somewhere.

Paid name scams are where a company will advertise that they are willing to pay people $.50 to $3 for every name that they collect. All you have to do is get a piece of paper, a pen and start getting names from wherever you can.

The ads are very well done and very enticing. Now, if you know anything about direct marketing you would know that companies are not going to pay $3 for a name. Yes, real estate agents will pay up to $100 per name but these names are extremely qualified and the people paying for them know exactly where the names are from.

Maybe you think there are companies that just want to get names from wherever they can. They could do some sort of monster mailing for an offer that everybody in the world would be interested in. There are actually mailing lists (called compiled lists) that already have every name and address in the US, how many people live there and the lists are 99% deliverable. These names run about $.06 a piece.

What is the real deal here? These companies that claim they are buying names are really just making the $29.95 to be able to sign up and get started. After you get their kit, you find out that you are only able to send in names that you have gotten from ads that you have taken out that say, "Make $10,000 a month. Send $2 for details." The $2 is where you get your money.

It's funny they don't mention this before you send in your $29.95. I am sure that you see what is really going on.

Matt Gagnon