I am always looking for strategies for increasing my passive income – that is income that I earn whilst I am asleep or otherwise away from my computer. Pedlar is an exciting way for anyone to earn a passive income – not just those with established blogs or a large social media presence. If you have a keen eye for finding a great deal then Pedlar is a fantastic way to make a passive income.
What is Pedlar
Pedlar is a website that allows you to search for some fantastic bargains, either by browsing through the latest bargains or by searching for something specific. We have all heard of HotUKDeals, where the affiliate commission is kept by the people behind the website, where users aren’t rewarded for sharing offers. Pedlar is different though, as rewards users for sharing deals.
The deals found on Pedlar are uploaded by people like you and me, meaning that they are relevant and interesting! Just on the screenshot above there are two items I would love to buy and I think they are great bargains. When I am looking for a deal then I love to go through Pedlar so that someone else can benefit from my purchase. After all, if I just went directly to the retailer then no one is making any extra money!
How you can earn money with Pedlar
Pedlar encourages you to share deals that you have found online, and when you share a deal that comes from one of Pedlar’s partners, you will earn a commission every time someone clicks through and buys the item on the offer you have posted. The commission could be anything from 1 – 10% depending on the partner, and the partners include major retailers and high street names such as Amazon, Argos, Tesco, Asda, Marks and Spencer and so many more.
This is a great way to not only share the deals you have found, but to start to create a passive income from sharing those deals. It can take up to three months for your commission to be paid out, simply because most retailers don’t pay out their commission until after their returns period has ended – which is usually 60 days.
Payments are made via Paypal, and you will have to log in and request a payout from your dashboard. You will need to have a balance of £15 before you can request a payout, and it usually takes up to 5 working days to process.
There are also Pedlar apps, so this is a great way to earn money on the go.
Tips for boosting your earnings with Pedlar
There are many great ways to boost your earnings with Pedlar, and here are my favourites:
- Share awesome deals – the better the deal, the more likely someone is to purchase it.
- Share deals quickly – duplicate deals are dealt with on a first come, first served basis, so you need to be quick off the mark.
- Try the Chrome or Firefox extensions for sharing your deals quickly.
- Don’t post deals to second hand items unless there are lots of them available – someone selling a used tv for £10 isn’t a deal that everyone can make use of.
- Remember to include any shipping costs – these can quickly add up making the deal you’ve found less attractive.
Refer your friends and family to boost your income
You can significantly boost your earnings with Pedlar by referring your friends and family. You will be given a unique link to share with your friends and family – you can share this on your social media platforms or your blog, letting others know how they can make money with Pedlar with your own review. For every successful referral who goes on to earn £25 you will earn £10.
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