Shopping for Free Money Online

Author: Lee Schneider
Published: December 07, 2009 at 1:34 pm

"Free online money" is one of the web's most popular search terms, and it's trending upward. How do I know? Check out the really cool Google Insights for Search beta. You can really crunch some data on that beta. "Make money free" is at the top of the list, followed by "free online money," and then there's "free money." Hey, all of that free money sounds great to me, until Google Insights tell me that regional interest in "free online money" is way high in Nigeria and that sets off my scam alarm. I have noticed a few emails from "Nigerian Princes" in my bulk/delete email and they promised lots of free money. I chose to "delete."

The regional function of Insight is really fascinating. In India, it tells you that they're searching for Krishna. In Trinidad and Tobago, karma's caught their eye. In the United States, the top searches involve basketball, and yeah, Tiger Woods is way up there.

If you're looking for real money online, not the Nigerian prince kind, you can try Ebay. I have been selling lots of cameras and tv equipment. But the fees are high, so high that I haven't paid them and Ebay keeps sending me irritating emails.

You can also try Wigix, which is doing something innovative with buyer and seller fees. They're killing them. They're running a promotion, and all the way through February, transaction fees for buyers and for sellers are free. If you have a business and you want to open a Wigix storefront, that's free too, all the way until April 2010.

Compare this to eBay's current fee structure. You have insertion fees and final value fees starting at 8.75% of the closing value, and more fees tacked on after that.

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Article Author: Lee Schneider

Lee Schneider is the founder of DocuCinema, a company that makes media and apps to help people collaborate; DocuCinema produces the be global podcast. He is the lead consultant at Red Cup Consulting, an agency that creates and deploys strategies to …

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