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cashback website partnership

Discussion in 'General Business' started by peacelover20, Oct 30, 2017.

  1. #1
    Hi all

    I have an idea

    There are many cashback website that give the buyer a percentage of the amount of money that is spent.

    If the buyer buyes an item then the cashback website will give him a percentage of money back.

    But these websites offer a Parrainage bonus : for example if you buy an item from any website you want and you use my link then I will receive 3 dollars as a bonus .


    My idea is that we make a groupe of people that are ready to buy from themselves and each one will make hundreds of euros .

    But this method needs trustees between members. But i need you opinions first.
     
    peacelover20, Oct 30, 2017 IP
  2. NetStar

    NetStar Notable Member

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    #2
    My opinion is that it's a waste of everyone's time. Your idea is to build a network of people who buy from each other through whatever affiliate program. They earn cashback and the referral earns a bonus. You're talking about a marginal commission and a marginal cashback incentive. If I spent $100 and cashback is 5% I receive $5 back. If your commission of referral is 2% you receive $2. Thousands would need to be spent for anyone to see decent money to consider this worth it. Meanwhile, these commissions are taken from profit which means there's a wider margin of profit. You could just shop the product and find a merchant willing to accept a slimmer margin of profit thus passing you the savings which would eliminate the idea of buying items to make money. Silly.
     
    NetStar, Nov 3, 2017 IP
  3. peacelover20

    peacelover20 Greenhorn

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    #3
    Dear

    You did not understand my point

    The website gives you 3 euros for everyone purchased your items from your referral.

    For example : i will posté a link of a product that costs 1 dolars.

    You will buy it from my link.
    The result : I will have 3 euros because I sold a product even if the product costs 1 dollar. The affiliate program gives me 3 euros and sometimes they gives 5 euros for every product sold.

    They are paying high because you are playing the role of their advertiser.
     
    peacelover20, Nov 4, 2017 IP
  4. NetStar

    NetStar Notable Member

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    #4
    You may be missing something.

    Noone is going to sell a $1 item then turn around and pay $3. Other wise someone will spend 1,000,000,000 to make 3X. You most likely did not read all of the fine print.
     
    NetStar, Nov 4, 2017 IP
  5. peacelover20

    peacelover20 Greenhorn

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    #5
    Thanks for your reply

    However if you want an easy and clear way to make money online . Please tell me . I need to make money online .
     
    peacelover20, Nov 4, 2017 IP