I am a member of this service, (Damn I wish I had thought of posting it here first).
Here is what the deal is.
Text marketing is as difficult for marketers because of the can spam act as it is for the rest of us. Cash Texts is a startup that is building a network of people who agree to receive up to 5 text messages a day, for a nickle each, but you get paid 5 levels deep for referrals on a reducing scale, see the post above.
When they get 100,000 members a lot of new advertisers open up to them, and they are trying to get there as fast as possible.
They are going to be, if successful, is sort of a traveling text based groupon. Imagine that as you travel around the city, a nearby restaurant you have never been in to texts you and offers you a special deal to come in and try their restaurant. The restaurant can fill in a slow day by offering specials, yada yada, yada, you know the pitch.
Their big ace in the hole is that even after they pay everyone in the downline, the message can be delivered to the end user, (a double opt in subscriber, who has indicated their interests, thus are very targeted) for 20 cents per ad.
This is incredibly cheap cost for ad delivery in the industry apparently.
The first payments go out this month. They pay by paypal and you must build up a $5.00 balance before getting paid.
You only have to receive the messages too, you do not even have to read them. You are limited to 5 each day, usually you will get less, at least as the company starts up.
In time, if you continuously recruit, the potential is massive.
You can also make money from advertisers that you recommend, and the revenue is recurring as long as you keep you account open. You get paid each month for all the advertisers that you recommend spends per month, and for the messages received in your downline.
There are absolutely no costs of any kind, a sure sign that it is not a scam. They do not want any money from you at all. They want to give you money.
Advertisers can target their ad recipients by interests and area code making it a great platform for local advertisers. Or it will when enough people come on board.
I simply stuck a page up on one of my sites telling my visitors about it,
(
http://stupiddamncomputer.com/make_money_with_your_phone.html, if you want to see how I did it)
and already I have 40 people in my downline.
So far I have made very little money, but the service is literally just getting started.
The website is very well done and tracks your referrals, and the entire downline as well as earnings, so there is full transparency.
The only way this is a scam is if they do not pay us the money we earn. Only time will tell about that but if it costs nothing to sign up for it, I figured give them the benefit of the doubt. Not paying will gut their subscriber list, and I don;t see how it would be a profitable idea to do that after all the work to get it started.
My thought process in this. Since I have a website, and people do sign up, why not see where it goes? In two years this company might be an advertising powerhouse, and i may have hundreds , or even thousands of people in my downline. In 5 years who knows? Think long tern here, it costs nothing if you have unlimited text on your phone, and you can ignore the messages.
I would like to edit this to include my affiliate link, but i do not know if I am allowed. For those of you who appreciate my information, I feel free to sign up under my example page, the URL above.
You can also advertise your own products there for a very good price.