How much of imutual you own + updated FAQs

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Expand view Topic review: How much of imutual you own + updated FAQs

Re: How much of imutual you own + updated FAQs

by cccashbacklover » Tue Feb 21 2012 3:57pm

[quote="richard@imutual
cashbacklover wrote:Any update on Special K email newsletter please Richard, ;)
I believe we've been told explicitly that no incentives are permitted :([/quote]


Ty 4 quick update :thumbup:

Other sites didnt put an incentive on the email offer ;) - Here of course someone would probably start a thread on S.K :|

Re: How much of imutual you own + updated FAQs

by richard@imutual » Tue Feb 21 2012 3:37pm

£50 million seems like a awful lot of money for a cashback site though
Well, yes and needless to say they didn't get it. But as we now know, a supposed "101%" site made over £1m profit in 2010 and have grown significantly since then.
cashbacklover wrote:Any update on Special K email newsletter please Richard, another sample can be emailed to you if its helpful ;)
I believe we've been told explicitly that no incentives are permitted :(

Re: How much of imutual you own + updated FAQs

by kevinchess1 » Tue Feb 21 2012 3:19pm

I think the worry with Point sites is what they did at 'PinkPig?'
Over night they devalued without warnin :evil:

Re: How much of imutual you own + updated FAQs

by cccashbacklover » Tue Feb 21 2012 3:11pm

kevinchess1 wrote:I'm no expert and CBL and Blythburgh are
But the only site that still does/did points was/is Mutualpoints
R-Points used to do Points - Mutual Points and Loyalty Shopper still do ;)

Is also a fact that a number of merchants wont use Cashback sites, they will use Points Sites, how many merchants go on a Points site that arent on a Cashback Site can depend on how hard the owner/admin work and how good they are at their jobs :P This is in no way shape or form a dig because we all know R.Y and Michelle do a excellent job and work very hard :thumbup:

Any update on Special K email newsletter please Richard, another sample can be emailed to you if its helpful ;)

Re: How much of imutual you own + updated FAQs

by kevinchess1 » Tue Feb 21 2012 1:37pm

I'm no expert and CBL and Blythburgh are
But the only site that still does/did points was/is Mutualpoints

Re: How much of imutual you own + updated FAQs

by kevinchess1 » Tue Feb 21 2012 1:35pm

cashbacklover wrote: When people think Cashback many think Rp….., how many registered members does it have, It is 50% not 100% model site and it is a Points site not a Cashback Site – relevance a lot of merchants will work with Points sites not Cashback sites ;)

When you say 'points' Do you 'Rpoints' or something else
Because they don't do Rpoints anymore but cash
They say there's 180,000+ members but I supect only a few use the cashback side
Apart from Daily(s) I haven't done any cashbackin over there

£50 million seems like a awful lot of money for a cashback site though

Re: How much of imutual you own + updated FAQs

by richard@imutual » Tue Feb 21 2012 10:44am

cashbacklover wrote:a lot of merchants will work with Points sites not Cashback sites ;)
I can think of very few that fell into that category at the time (in fact, no significant ones come to mind). And even if that we're true, a simple rename would suffice

IIRC, CBK (100% site) was generating about three times the turnover of rpoints up to the point of closure (admittedly, rp revenue was more profitable). It's hard to imagine that, since the acquisition, the investment (of time and money) would have been recouped from "50% site" revenues

Your point about the number of members is valid though

Re: How much of imutual you own + updated FAQs

by cccashbacklover » Tue Feb 21 2012 10:34am

richard@imutual wrote:
cashbacklover wrote:How many times has a UK -100% model Cashback Site that has NOT had financial related problems and /or gone/was going bust been bought other than for a nominal amount :?:
Returning to this question...



That said, one company recently paid over £30,000 just for the (IMO damaged) brands and database of a cashback company in liquidation. ;) Just goes to show...

!
When people think Cashback many think Rp….., how many registered members does it have, It is 50% not 100% model site and it is a Points site not a Cashback Site – relevance a lot of merchants will work with Points sites not Cashback sites ;)

Re: How much of imutual you own + updated FAQs

by richard@imutual » Tue Feb 21 2012 9:19am

cashbacklover wrote:How many times has a UK -100% model Cashback Site that has NOT had financial related problems and /or gone/was going bust been bought other than for a nominal amount :?:
Returning to this question...

It's not directly relevant, of course, as imutual has far more potential than simply "yet another 100% cashback site". And even if a 100% cashback site had been sold, we wouldn't know the amount given that all such sites (apart from imutual) are private companies.

That said, one company recently paid over £30,000 just for the (IMO damaged) brands and database of a cashback company in liquidation. ;) Just goes to show...

I also know (thought regrettably can't reveal my sources) that one of the current top 100% sites received approaches several years ago (before much of the current size had been achieved). Even at that stage, they were pricing themselves at circa £50m!

Re: How much of imutual you own + updated FAQs

by macfamily » Mon Feb 20 2012 9:27pm

If we are ever able to buy shares as shareholders than I would buy 15,000 shares at £11 for charity/cash/ £12 vouchers!
But, I doubt that would ever happen.

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