ShareMagnet Review – Legit or Scam

Updated January 2019 – the site is currently down and will relaunch at a later date.

ShareMagent is a social media sharing site where you can earn money sharing magnets online. The company’s corporate office is located in Manhattan Beach, CA. The company has been online since 2012 and they have never received a complaint or have a bad reputation with the BBB. The company connects advertisers with marketers As a marketer, you’ll choose the different magnets from the site to share on your social media account, website, or even blog. Each time a person clicks on your magnet, you’ll earn a reward.

How Does it Work?

SignUp is free and available worldwide. All you need to do is enter an email address and a password.
Otherwise, click on the table that says you already have an account and log directly into the site using your Facebook or Twitter account.
If you’ve entered an email address, the company will send you a confirmation email.
Click on the link in the email or copy and paste the link to your browser. This will confirm your email address.
After you signup has been confirmed, you’ll now need to fill in your profile and select your interests.
The company has you choose 10 different interest than you’d like to share.
Keep in mind when selecting your interest, you should choose an interest that will be easy for you to promote and share on your social media account.
The company will now match your interest to the advertisers on the site.
You can now pick and choose which ads you’d like to promote on your social media account.
The company will now approve your application.
Once you’ve been approved, you now have access to the member’s area where you can select the different magnets you’d like to share.
Once you’ve selected the magnet you’d like to share a list of social media account is displayed.
Each magnet has several different possibilities that you can choose from. Choose the test that best suits your needs.
Simply click on which social media account you’d like to share the magnet
You’ll need to write something about the magnet you’re sharing and tell people why you like this product. This makes it more attractive and entices people to click on your magnets.

How Do You Earn Money?

Each time you share a magnet on your social media account and a person clicks on this magnet you earn money for their click.
The magnets pay $0.08 to $1.00 per click.
You dashboard ill display your magnets, the number of clicks you’ve received, and how much money you’ve earned from promoting this magnet.

How Does The Company Pay You?

You’ll need a balance of $1 in your account before you can request a payment from the company.
The company sends your earnings to your PayPal account.
You need an active PayPal account in order to work for this company.

Pros and Cons of ShareMagnet:

Pro:

The company has a simple signup process and allows anyone to join their site.
It isn’t difficult to share relevant ads to your social media account and earn money.
The ads from the site won’t be considered spamming your social media account if you really like these products you’re promoting. It is a good idea to limit how many ads you promote so you won’t have an issue with any of your social media sites.
This is an easy way to earn a passive income online.
Just share a magnet and wait for people to click on your links.
The threshold for payment is very low and it isn’t difficult to earn $1 from the company to cash out.

Cons:

A few complaints have been registered about how the clicks are displayed on your dashboard. Some people say that they receive a large number of clicks in a single day, however, tomorrow most of the clicks have disappeared.
Some people have tried to contact the company and they don’t receive a response back. The company’s customer support needs some improvements.
The clicks are registered on your account, however, you don’t see your earnings credited to your account for several days.
The company has become less active on social media and no longer updating or adding any new information to their social media accounts.
When you look at the offers on the website they seem old and outdated. Some offers go back as far as 2014. It doesn’t appear that the company has added many new offers to the site in a few years.

Conclusion:

This is a legitimate site and they do pay people to share the magnets on their social media account. However, the site is very outdated, no new advertising companies are displayed on the site, and many of the campaigns are very old. The business is still open and active and the website has recently been updated and paid for. I’m not sure how active members are on this site and if they are still sharing the magnets on their social media account.

You can try and create an account with the site and start sharing their magnets. I’d pay attention to the magnets that you select and look at the date they were posted on the site. It appears that once the campaign has expired the magnets are not removed from the site. This is a good company and has no complaints registered with the BBB. There is plenty of payment proof online, but it seems to me they are over a year old and nobody has updated or posted any new payment proof.

If you do decide to join the site, I’d recommend that you proceed with caution. You can try one ad campaign and see how it works for you before deciding to share other campaigns on your social media account. Just keep in mind this is a passive earning site and you’ll be able to earn a small income by sharing the magnets on your social media accounts.