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"Thanks" feature added to forum

I'm pleased to announce the addition of a new feature to our forum, allowing you to thank other another member for one of their posts. To do this, click on the "thumb" icon towards the top right of the post in question

For more information on this feature, and to ask any questions, please see this topic

We intend to start a "Post of the month" competition from 1 October, which will be based on the number of 'thanks' each post receives. Details to follow.....
by richard@imutual
Tue Sep 28, 2010 12:34 pm
 
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"Thanks" system

We have now added a "Thanks" feature to the forums (similar to a rating system) so you can thank another member for a particular post. To do this, click on the "thumb" icon towards the top right of the post in question

Each 'thanked' post, topic and member then acquires a 'star rating', with the most thanked post/topic/member having a rating of 100%. To explain how this works in a bit more detail, consider the following example:

A topic has three posts; from member1, member2 and member3. member1's post receives 1 thanks, member2's receives 2 and member3's receives 3. When viewing the topic, member3's post will show a rating of 100% (10 stars) as it is the most thanked in that topic. member2's post (thanked twice) will show a rating of 66% as it has received two thirds of the number of ratings compared with the best post. With only 1 thanks, member1's post will display a rating of 33%

The same principle (rating based on percentage of thanks compared to the top performer) is applied to topics within a forum and to members as a whole. If the most thanked member has been thanked 100 times, then someone who has been thanked 25
times would have a member rating of 25%

I hope that make sense! Let us know your thoughts

Enjoy the new feature :)

I intend to run a "post of the month" competition from 1 October onwards - details to follow ;)
by richard@imutual
Tue Sep 28, 2010 12:32 pm
 
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Re: "Thanks" system

After you've 'thanked' a post, you can 'unthank' if you change your mind later on...

SB :think:
by Sport Billy
Wed Sep 29, 2010 1:15 pm
 
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Post of the month competition!

We are pleased to announce details of our Post of the month competition, which will reward the posters of the best forum posts, as voted by imutual members, with bonus shares. Here's how it will work.....

The competition will be based on posts made during the calendar month (e.g. between 1 and 31 October). It makes use of the new "Thanks system" we have implemented on the forum, and also takes account of the number of shares held by those who have 'thanked' a post.

Those members who submit the best three posts* will be awarded with bonus shares as follows:

1st prize - 100 shares
2nd prize - 25 shares
3rd prize - 10 shares

* Note: only one prize per member per month. e.g. if the same person has the top two posts, the runner-up prize will go to the next best post made by a different member

The winners will be based on thanks received via the "Thank a post" button. In the event of a tie, we will use the number of awarded shares* held by each "thanker" to decide the winner (*max 10000 shares per person will count towards this)

I hope you like the proposed format and we will, of course, take your comments into account and consider any improvements for future months :thumbup:

The winners of each month's competition will be announced early the following month. Staff are not eligible to win, but their 'thanks' will be taken into account

UPDATE FEB 2014 . Certain 'regular format' posts, such as quizzes and competitions, are excluded from the main Post-of-the-month' awards. They may be recognised by a special award of up to 100 shares, instead of potm. For details, see here
by richard@imutual
Fri Oct 01, 2010 10:50 am
 
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Liligo update

Regarding the Liligo program...

We received the following email a few weeks back...

As you know Liligo.com wanted to trial traffic through incentive sites. Unfortunately this test has proved to be inconclusive and has severely affected the merchant relationships Liligo.com has in place.

They have seen no incremental growth/sales and as a result their merchants are refusing to pay them for the traffic. Which effectively means the leads that have been generate since they started working with you will need to be reversed. The client has provided us with suitable evidence which was provided to them by their merchants due to the magnitude of the situation.

We explained to Liligo.com that this is not an ideal situation and would like to set up a conference call with you and the client to discuss this further. Please let me know when you would be available, ideally towards the beginning of next week if possible as we would like to have the situation resolved ASAP.

:mad:

We suspended the program and contacted Liligo to attempt to resolve this, but I'm afraid Liligo have refused to pay for the vast majority of transactions.

They have received a large number of clickthrus from cashback sites with virtually no transactions generated, and many of their retail partners are refusing to pay them for the traffic.

I did warn them early on in the campaign that certain restrictions would be needed (to be applied across all cashback sites) but this advice either never reached the decision maker or was ignored

I have at least managed to negotiate a position that is, apparently, better than other cashback sites :|

Given that members have followed the terms of the offer, and that the level of transactions is relatively modest, I do think we should honour ALL transactions done by imutual members :thumbup:

Just thought I'd let you all know, in case you were concerned given what has happened re: Liligo transactions at other sites
by richard@imutual
Fri Oct 01, 2010 2:48 pm
 
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Re: Ring fence cashback?

Personally I wouldn't like to see anything less than a full 100% cashback - if it was any lower I would be tempted to use another site, even if there was more of a potential risk to getting the money.

I have used many cashback sites since 2004 (probably over 15 in total), have received close to £3000 cashback but have only lost I believe less than £30 through sites going bust/disappearing/not paying up.

I know things can change and maybe I've been lucky not to lose more but I'm happy that the potential rewards outweigh this 0.01% chance of losing money.
by Phil85
Fri Nov 12, 2010 11:56 am
 
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Re: Ring fence cashback?

Reedeem £25+ get 1 share
Reedeem £50+ get 4 shares
Reedeem £100+ get 10 shares
I like this idea - should get some members to keep their funds in the account for longer. Will also reduce processing/bank costs as people won't make a request everytime they get £1 awarded.

I think the advertising should be another major priority to ensure the business is less reliant on member's funds for its running costs and more profitable. Top Cashback manage to give top-ups on top of 100% cashback, presumably funded by PPC advertising on their website.

Perhaps a similar top-up scheme, but with shares could be implemented in the meantime. Basing your earnings for next month on your earnings from the previous month should be a good way of building up loyalty and increasing cashback earnt every month. E.g. earn £25 cashback and get 10% extra shares, earn £100 get 50% extra shares, etc. This could go in hand with the part shares that have previously been discussed.

To draw in a large number of new members, I think a short-term marketing stunt could be a good idea. Something novel and very good to draw in masses of new members. Obviously will need to raid the advertising budget to do this. Some competition based suggestions:
Competition to randomly double cashback on x% of transactions for a short period Competition to award bonus amounts of cashback of a certain number of transactions Competition with large prize for people who earn the most cashback during a certain period Get large retailers on your side to offer prizes for some competitions Whatever is done, it needs to be made blatantly obvious that imutual is doing something which is different to other cashback sites.
by Bruce
Sun Nov 14, 2010 12:27 pm
 
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Re: Share offers increased tenfold

This is very good news. Any chance of multiplying the cash offers by 10? :lol: 8-) :D
by Bruce
Tue Nov 23, 2010 4:40 pm
 
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Re: Post-of-the-month result - November 2010

Well done to peaches40.

What a shame Kevin ... another month, another QOTM goes unrecognised :lol:
by Bruce
Wed Dec 01, 2010 4:50 pm
 
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Re: Post-of-the-month result - November 2010

Would just like to say thank you - no-one was more :shock: than me
by peaches40
Thu Dec 02, 2010 6:50 pm
 
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