Product: Share Magnet (sharemagnet.com)
Price: Free Sign Up!
Money Making Opportunity: Pocket Money.
Overall Rating: 60/100
Share Magnet Review In Brief: The Share Magnet site itself seems a bit outdated and there isn’t much activity going on surrounding share magnet – which suggests to me, it could be on its last legs.
What Is Share Magnet?
Share Magnet is a website that connects advertisers and customers together via sharing on social media.
When you sign up, you can let them know your interests and Share magnet will connect your interests with various promotions, events and products that could be a good match.
Then you go ahead and share these on social media, every time one of your follows clicks a link, (magnet) you will get paid a certain amount.
It’s a very small amount however – so, the more followers you have on social media and the more relevant those Ads are to your followers, the better.
How You Get Started With Share Magnet:
Getting started is a simple process, once you give your regular details, you can then use a tick box system to select at least 10 interests that are relevant to you.
These include things such as: health and beauty, web design, offers and coupons, blogs, food and grocery and many more.
Share Magnet can then match your interests with promotions that will be relevant to you. Of course, you may want to consider what interests may also be relevant to your followers too.
For every Ad clicked on, you may get anywhere from a few cents to a dollar, (most being on the lower end of the cash scale).
So if you are not extremely active on social media and have a large engaging following – this is probably not one for you.
Once you’ve all signed up, you just wait to be approved. Once your application has been approved, you will be able to enter the members area and check out the links available to you, (or magnets as they call them).
You then simply click on the link you want to share and you will be shown a variety of social media platforms available for you to share your magnet – you can then pick however many you wish.
How Does Share Magnet Pay You?
When you first sign up, you also add your Paypal email address – once you have earned a minimum of $1, you can withdraw.
I like the fact that the minimum you can withdraw is just a dollar, because this is quite rare with many sites.
This reminds me of another website that I reviewed very recently called Qmee – a site where you can get paid to click on Ads and they have no payment threshold, you can even withdraw a few cents if you wanted to.
In any case, paypal is the only withdrawal method here, but Paypal is such an easy and safe method to use, that it’s definitely worth having a Paypal account if you don’t already have one.
Share Magnet Complaints:
Every website will have some form of complaint against it, but I feel it important to outline some of the key complaints, so that you go in with your eyes open.
Clicks, now you see them, now you don’t! Customers complain that whereas they may see someone has clicked through (e.g.) 15 times on one day and they can see this in the members area – the next day they have one.
You keep calling, but nobody is home: lack of customer service is common, including no reply to multiple emails or contact via social media.
Show me the money! Some claim that although they can see the clicks, there is a delay in showing the money in their account, sometimes by several days.
What Is Share Magnet – Explained:
PROS VS CONS
- Simple sign up process.
- Sharing relevant Ads via social media is easy to do.
- Sharing Ads that you like/connect with won’t be the same as spamming your followers – as long as the promotions are relevant and you don’t over do it.
- You can withdraw via PayPal once you reach $1.
- lack of customer service, (no replies to email)
- Complaints of earnings and clicks disappearing.
- Warning signs: not very active on social media (last facebook post I found is October 2015), not a great sign for a company that pays you to share Ads via social media!
- Users claim that their earnings to not always appear, sometimes for several days or not at all in some cases.
- It goes without saying: you will need a decent social following to make money from this, as you get paid per click.
- Depending on what topics you’re interested in/that are relevant to you, there may not be many advertisements for you.
- You need to be a member of the US to sign up.
Is Share Magnet A Scam Or Legit?
Share magnet is not a scam and is a legitimate company that can pay you a small amount for sharing various promotions on social media.
However, I don’t get a great feeling about it at the moment – in my view, they look like they’re going downhill and perhaps not getting enough business from advertisers.
The fact that they’ve gone so quiet on social media is a really bad sign – their whole concept is based around social media sharing.
So, you would expect they’d work hard to be engaging their followers on social media too – (over 6000 apparent followers on Facebook currently – although, you may expect some of those followers to be fake).
The less Ads they have available, the less money they can make from you guys signing up and the less options you have readily available to you too!
Even if they were at the top of their game, this is not the sort of opportunity where you can make tonnes of money or quit your day job.
So, if THAT was the sort of opportunity you were after – this is not the right program for you.
If quitting your day job was your intention all along, (or at least successfully supplementing your income) – then check out this training.
Let me know if you have any experience with Share Magnet – are you getting plenty of relevant magnets/links available to you?
I hope you found this review helpful!
All the best…. 🙂