A small Christmas thank you from the team at Cashrewards to all our fantastic members with an increase from 1.25% to 2.00% sitewide at eBay Australia. Great time to stack with 15% off gift cards and 20% off wine & spirits (which both end midnight Sunday), as well as anything else on eBay. Ends 6pm AEDT Monday. Enjoy :)
$10 for referee and $10 for referrer, after referee makes $20 purchase within 14 days.
Come on mate are you really going to buy something worth 500k on eBay? Get real.
People are complaining because OzBargain has basically just become a free advertising platform for cashrewards.
Do you work for CR? You have gone through every negative comment and posted a rebuttal, if you don't they should certainly hire you lol.
Come on mate are you really going to buy something worth 500k on eBay? Get real.
Nope, I've bought lenses though. Those aren't cheap. If you want to step up from your entry level lenses and go up to zeiss lenses, they're around $1k+ new.. some are $4k (http://www.ebay.com.au/itm/Zeiss-Otus-85mm-f1-4-ZE-lens-for-…)
Some buy DJI mavics.
All add up :D
Think about all the softserves you can buy!
People are complaining because OzBargain has basically just become a free advertising platform for cashrewards.
Ozbargain is a free advertising platform for all Australian retailers and service providers, given that it's a good deal.
@cwongtech: Buying something on eBay for $500k will get you the same cashback for spending $2,500. Cashback is capped at $50.
@syba:
Didn't know that.
I've never spent over $1000 before.
I just consider the CB as a bonus, not as a discount.
Not even a guaranteed 0.75% off, only if it tracks properly
If you have issues, contact them directly.
I've actually had no issues with ebay through CR
Even with Adblock and Adblockplus (yeah I have both) in Chrome, mine always track.
Other smaller sites.. sometimes it needs to be rectified via contact us page.
What's wrong with all your comps?
I know Koey just asked the same question and you said no… but are you SURE you're not affiliated with CR?
Yes I am just a happy user.
What kind of verification will you accept?
@cwongtech: Mate, no need to PM me some crap about verifying your identity.
I really don't care enough about the subject to go into that much effort.
Besides, it's creepy and weird…
We'll just have to take your word for it..
Mate, no need to PM me some crap about verifying your identity.
Thought we would do this the reddit way like how they do IAMAs.
Besides, it's creepy and weird…
Was just offering verification to help you clear your doubts that's all.
No that's a waste of time as they won't do anything.
Dude if they don't know about the problem, how do they fix it?
There's been many users that have been happy CR users.
Have you even tried to sort things out?
don't make assumptions.
As pointed out by CR.. there's been an accumulative total of around 14M paid through to members.
Clearly the system is working for a lot of people.
As an Ozbargain member, sorry to hear it didn't work out for you. And as a fellow member, I hope you get the issues sorted. Work together, not against each other.
Relevant
Be careful posting that here, you'll get attacked for trying to tell the truth. CR has always been iffy with eBay.
The OP never responds to my pms or any of the comments in this thread?
Agreed, this is forum material.
TA has a reputation in this community, and this should come with responsibility. The tiny possible cash back is not in the spirit of ozbargain.
Apparently this sentiment is resounding within the community.
How is that important? It's good to hear different perspectives.
@cwongtech: I don't believe that just because HashTagBargain has posted less deals and comments than you, that they are less qualified. By that token since I have posted more deals than you, I am a better voice of the community. Its pointless and we should just accept each others differing views :)
By that token since I have posted more deals than you,
Nope, it means you contributed a lot more to this site than I have, and that's not a bad thing.
I am a better voice of the community. Its pointless and we should just accept each others differing views :)
You could or could not be a better voice of the community.
I don't believe that just because HashTagBargain has posted less deals and comments than you
I believe HashTagBargain has contributed to almost nothing to this community shown by deals posted (15 votes total), that in itself should not let them feel as they represent the entirety of the community.
Its pointless and we should just accept each others differing views :)
Clearly there's a small group of vocal members that have had issues with cashrewards.
Don't know how to work constructively guys?
It's a skill to learn to conduct business you know :)
@cwongtech: Fair points, it's all a matter of perspective. I feel some users don't see the worth in posting up deals especially when people can be so critical in online forums.
You could or could not be a better voice of the community.
What's your thoughts on the deal? I am interested to hear why you upvoted a deal which was a forum topic - got moved from deals at the start of this year.
@cwongtech:
Why PM? Please clarify so we know you are not associated with CR. I don't see any reason why you'd need to defend each and every negative votes/comments.
@bghunter:
Sigh.
Here you go:
This is my private message to shameless bargains:
>What's your thoughts on the deal? I am interested to hear why you upvoted a deal which was a forum topic - got moved from deals at the start of this year.
My thoughts are cashrewards listing are getting turned into the whingepool's TPG forum.
If you contact them and work together, it will help. Chuck a tantrum and not cooperate, there's nothing CR team could do. They don't know the problem that's occuring, apart from people grabbing pitchforks and yelling What the hell? Profits? Corporation? Business? Never!
TPG has a notorious reputation of terrible internet, where as they don't.. it's Telstra's phone lines that are the problem, but TPG doesn't have direct control over it.
There are two types of people when they encounter a problem in life.
Those who try to actively solve it.
Those who don't try to actively solve it (and blame the other party)
The ones who solve it, will. And for many of them that's the end of the problem, things work, all good.
Those who don't try to solve it, will chuck a tantrum, just say no to everything, point fingers. Nightmare retail customer, doesn't give you the opportunity to try resolve it.
For ebay, I usually have a list of stuff I'll save for sitewide discounts (usually high value items), and a second list of small things I would like to have but not need (extra garage remotes for example).
I bought something off ebay during that period. My cashback tracked, and I upvoted it, that's all.
I feel some users don't see the worth in posting up deals especially when people can be so critical in online forums.
I feel some users don't put in the effort even posting.
Why PM? Please clarify so we know you are not associated with CR. I don't see any reason why you'd need to defend each and every negative votes/comments.
I work at Rebel Sport as a retail sales assistant. If you would like a screenshot of my payslip or my uniform.. I'm not going to post that out in public. If you want, private message me and I'll take a photo for you if you really want.
I'm not associated with CR, I have around $97 total payment of cashback from cashrewards (they tracked giftcard purchases if anyone remembers the first ebay sitewide discount available).. I see a lot of crap being chucked at them and would be sad for them to not exist.
Currently my balance sits at $107.11, $76.04 pending, $31.07 available for payment.
Just a happy user.
@Gaggy:
Thanks bro. Here's a deal for a popcorn machine, courtesy of Scrooge McDuck
P.s. I didn't neg your comment :) Upvoted it. Enjoy the popcorn!
@cwongtech: O wow. A Plus. Thanks for that. Very average deal on popcorn machine though, I still like them from microwave.
Not sure how this is considered a deal when last time it was posted up, it was a forum topic. This user did not like how I questioned Cashrewards in this thread in how the cashback rate on eBay was being wound back on CR compared to competitors who kept their rates constant at the time.
I have since apologised given the full information on the decrease but this user refuses to acknowledge this and continues to go after me in my deals, comments and through other members. I also have proof of him doing it to other members who have privately messaged me as well. If you, like me are looking for an alternative, it's good to consider competitors like PricePal who donate 100% of their profits to charity and help out local communities.
100% of our profits will be endowed to not-for-profit causes and invested in new social projects & impact investments.
PricePal is part of the Pure group of six established social businesses. PricePal is 100% owned by a charitable trust (The Pure Foundation).
Price Pal rate on Ebay is 1.25%…
After 10 minutes on the The Pure Foundation, i still have no idea what they are doing.
Our foundation is a philanthropic trust that seeks to become infrastructure to inspire compassion and gratitude.
Our purpose is to embody instruments of peace, to make the universe a better place.
What are they on about? Charitiable trust? Can you please explain to me. Stick some pictures of African kids in the front page and a saying you want to make the universe a better place does not do it for me.
This site will explain everything. You can choose to donate proceeds from your cashback to a charity or pocket 100%. Good initiative I reckon :)
That still doesn't explain jack. May be it's my lack of understanding of this Profit for Purpose model. But what organisation doesn't operate on a profit for purpose model. Everything they are saying is so vague.
We strive to continually evolve our businesses to achieve the best outcomes for all stakeholders (our team, our customers and our planet).
Doesn't sound like a charity to me. Sound like a typical entrepreneur profit for the purpose of getting rich business model to me.
Also what do you mean "you can choose to donate proceeds from your cash back or pocket 100%"?
Does it mean that i can choose to donate the cash back i am getting to charity or i can choose to make pricepal donate their commission to charity?
@highdealer: yes you can either get 100% of your cashback paid into your account or split it for example 90/10 or 50/50 with your chosen charity. Good way to give back in what is a pretty tough time of the year for a lot of charities :)
@ShamelessBargains: So essentially you are paying for charity from your own pocket, but pricepal get the credit for doing charity while actually doing nothing and still keep 100% of their profit. Nice (for pricepal) but i will pass. I rather donate direct to my charity with a specific purpose that i care about than having the hassle of going through pricepal while getting mediocre cash back rate.
.75% off on a home loan and I'd be interested, this is junk mail.
I'm surprised all the negs haven't been revoked yet. Mods are asleep?
Free speech mate, beauty of democracy.
Brings out the truths, the lies, the righteous, the loud, the crazies.
There should be a rule against negs that say "Well said!" or "I Agree" as their "justification" for a negative vote.
Oh there is a rule against negs, found here.
Also these are following reasons are NOT valid justification for the Ozbargain negative voting system.
-No explanation of the vote
“Not a bargain.”
“Agree”
“SPAM”
“I don't like this deal”
“I don't think it's a good deal”
“Ditto”
“lol”
“No deal”
“No Thanks”
“Not much of a bargain, a mere promotion.”
“This is marketing” or “Marketing”
“Weird looking website” (Nothing to do with the deal)
+1
“What's good about this”
“This is an awful deal”
- Should have been posted in forums.
Reminder - No votes
If the deal doesn't apply to you, you don't like the company or you want to leave a warning for people about the business or deal, you can leave a comment and then not vote.
This is not a deal - for all the reasons others have already espoused.
Last year .. we were getting 5+ % if i remember correctly
It's posts like these that devalue the OzBargain brand. I emphatically agree that a 0.75% discount is not a deal… This site needs to go back to being objective. Stop playing politics and just post deals that actually benefit users. This affiliation crap is ruining what would otherwise be a good website.
Exactly imagine if Mr G Harvey came here and posted a deal for Harvey Norman 2% off storewide, he would be negged and laughed off the site
well said, lol
Mate you have only posted up 11 deals but you have summed up perfectly the mood of a lot of Ozbargainers right here tonight. It definitely raises some questions on what an "objective bargain" is.
'mate you have only posted 11 deals' what a completely irrelevant thing to say…
It's posts like these that devalue the OzBargain brand
Not when the user feels they know ozbargain. Shows how much they have contributed to the site.
Its like Pauline Hanson defining whats "Australian" and "Unaustralian".
0 contribution to the society, feels like they can represent it.
Same same.
lol was just making a point with that comment. Too many people place an emphasis on other's deal posting/voting/comment history and don't focus on what they are saying.
@cwongtech: i still dont agree with your point, but im not gonna argue because frankly i dont give a shit
First the dodgy browser extension and now this….
If they wanted to increase the Cashback temporarily make it a bigger increase.
If they wanted to increase it by this amount, at least make it permanent.
There is no way that this is a bargain.
So what was dodgy about the browser extension?
Promised cash back which they never gave.
It works for me.. Its not a set and forget extension, its a click a buttom and it'll launch a window with the cashback tracking active.
Not sure what's so hard about that.
Have an issue?
Have a tissue.
Oh, and try to actively solve the problem by reporting it through contact us page.
Unlike in a retail store, they can't really link you to whoever you are in their database or whatever purchase made, so pointing fingers without evidence saying it doesn't work adds no benefit to either yourself, the ozb community (easy to accuse anyone), or cashrewards (they have no clue what the issue is).
Has anyone been in a relationship?
Does this sound familiar?
whats wrong?
NOTHING!
Communication is key!
Not a bargain at all. Just because it's posted by a "popular" user, doesn't make it worth it.
I thought it was great that CR increased the rate for once, haven't seen much competition between CR and Pricepal in a while so I'm glad CR took the initiative. I bought gift cards already so shame I couldn't take advantage of it.
Don't agree with any of the negs as I think we should be encouraging increases, every small saving helps (hopefully CR/PP increases during a future ebay 20% off). I really can't complain if save a dollar or two every time one of these deals come around
I considered the 15% off gift cards a bargain, so CR's increase only added to the bargain, so I don't see why this shouldn't be worth a post. I find it interesting that extra .5% off WISH is fine but .75% eBay cashback is not. I can't expect CR to do a 10% cashback, but I still don't mind some extra free money when I'm already going to be making a purchase.
This ^
I bet most of the neggers don't even realise that most websites have their commission capped at a single digit. This isn't a store like SE where they can drop $300 off a product and still make a profit. An example for CR would be giving us 3.20% cashback while only gaining 0.8% profit. Giving us a small increase to 4.20% would make CR lose money.
Problem I find is CR has offered a bump to 2% from 1.25% on eBay earlier this year and it was moved from deals to forums. Not sure how this is any different? People have the right to neg deals and Pricepal is actually a charity unlike CR which is profit driven.
.75% off eBay cashback is not confirmed unlike an instant .5% saving off Wish gift cards. There is a difference…
I find it amusing for .5 % wish card positives for over 100 as well like this one. It is a forum topic like last time and I understand people make money out of cashback, but this isn't that big to get 155 votes. Did people even buy stuff from ebay due to this?
The thing is lyl, it's simply not a bargain. 75 cents extra per $100 spend is not front page worthy, neither is the 50 cent per $100 spend on gift cards when they bump it up every second week.
Imagine if the site was flooded with deals where you save 50 cents, is that what this site is about? Let's keep the front page for significant savings.
I use cash rewards and am generally happy with it, but a bargain this is not
The thing is lyl, it's simply not a bargain. 75 cents extra per $100 spend is not front page worthy, neither is the 50 cent per $100 spend on gift cards when they bump it up every second week.
It depends on your spend though. It scales with your spending.
Just like fuel prices. Are you telling me you never use 4c vouchers when you can?
That's 4c per 1L spend (variable dependent on fuel prices, and type, as well as market)
If you use e10, prices bounce from $1.1-$1.40 per L.
Someone who does a topup of 8L (prices are seen to rise), if they use a fuel voucher its 32 cents saved.
Someone who needs to fill up an almost empty tank might need 50L of fuel.
Thats $2 for a very typical fuel situation.
If you use 5% egift vouchers, even better!
Are you going to tell me because someone only saved 32 cents the fuel voucher isn't a bargain for someone else?
Sure the 1.25% is an ongoing rate, and they temporarily increased it..
What if it was a fuel voucher?
1.25%>2% represents a 60% temporary increase.
4c fuel voucher theoretical increased by 2.4c to 6.4cents is also 60%
Would that be negged if someone posted that on Ozb like this I wonder?
Also with regards to your comment about the gift cards, they were 15% off already (ended midnight yday), so it was $85 for $100, with a cashback of $1.25 usually, with an extra $0.75 for doing nothing.
Well you have got me, let's start publishing fuel voucher deals on the front page then.
I love saving money like the next guy, and I use fuel vouchers, but come on, a saving of a dollar or two on a significant spend is not the definition of a bargain to me
Remember the site is ozbargain, not ozsaveafewcents
Except this is cashback we're talking about. Do you expect them to go to 10% and be significantly in the negative? Perhaps look into affiliate networks and see what rates other stores give.
You're not getting my point. The rate is always 1.25%, everyday. An additional 0.75% saving is not a bargain.
It's like Target having a toy that is always $200 and then someone comes here and posts a deal for $198.50, is that really a fantastic bargain worthy of this site?
@tassieeagle: I get your point. The point I'm making is that the commission is so low that they can't go much higher without making a loss. eBay is not like the Chinese sites where their commission base level is 4% and 10% is the top.
Since this deal was originally intended to be used with the 15% off gift cards… it made it a good deal.
@Clear: yeah look, I understand about their margins and I think the service is great, I've used it many times.
I get your point too.
The point of cashback websites is that you're supposed to combine it with other good offers. If target has a toy for $200 and someone posts a deal for $198.5, of course they'll be slammed for it.
But if target has a toy for $200, and they decide to do a promo selling it for $150, and then suddenly 1000 ozbargainers go 'OMG thats a bargain I'm going to buy it!,' isn't it a deal if CR tells you to hold up because they will save you an extra $1.5. To those 1000 people, wouldn't the deal be 'Free $1.50 for those who were originally going to buy that toy on a huge discount anyways.' In this case, it would help those who were originally going to buy gift cards.
It's just like Amex deals, they get heaps of votes when first posted, but lots of people there are like 'can't find anything to buy, everything at HN is overpriced'. However as soon as Gerry Harvey has a sale and suddenly the stuff at HN are somewhat acceptable, people are able to benefit from the deal.
Remember this Samsung TV deal which sold 900 units? If CR decided to increase the rate then, the deal will pretty much be 'Free $7 for those who bought that TV.' Sure you need to buy a $900 TV to qualify for the deal, but they were going to purchase the TV regardless of whether the CR rate was 1.25% or 2%, so to those 900 people the deal will be comparable to something like this
@lyl: you are correct and maybe I'm being a bit harsh but I still stand by my neg.
I think I'm more disappointed in the way cashrewards plays us like fiddles with its marketing. Firstly buying out a respected member, then using that member to peddle minuscule cashback increases that are for a limited time every second week. Smart advertising but personally I feel like they are taking advantage of the good will of this community for their own profit
I think I'm more disappointed in the way cashrewards plays us like fiddles with its marketing. Firstly buying out a respected member, then using that member to peddle minuscule cashback increases that are for a limited time every second week. Smart advertising but personally I feel like they are taking advantage of the good will of this community for their own profit
Buddy. Tightarse lost his job before. CashRewards gave him a career after his job was offshored.
Don't call out "total sellout broooo" card before you know the entire story you can read here.
Smart advertising but personally I feel like they are taking advantage of the good will of this community for their own profit
They could have stayed silent about their increased commission.
But no. They decided to pass a little bit onto their users.
What a rort! Grab the pitchforks everyone!
@cwongtech: crikey I never called him a sell out at all! My comment alludes to the fact CR employed TA to harness the large amount of goodwill he had with this community. I know how he got his job and congratulated him at the time. He deserved it.
You seem to be cash rewards no 1 fan, which is fine, you're allowed to have your opinion, but let me have mine too. Oh and I don't appreciate being pmed about this matter, leave it to the comments section please.
crikey I never called him a sell out at all!
Firstly buying out a respected member - tassieeagle
I don't know buddy, not sure what you'd call that.
You seem to be cash rewards no 1 fan, which is fine, you're allowed to have your opinion, but let me have mine too.
Nah, I'm just a happy user who is calling BS on all the neg votes. I also happen to work in retail. I've had my fair share of nightmare customers who destroy your day. Also have had great customers who are a pleasure to work with.
Have a look at all the positive comments. Getting neg'd votes left and right.
Amazing positive energy in this thread amirite.
Oh and I don't appreciate being pmed about this matter, leave it to the comments section please.
Yeah sure, we can keep it public, more than happy to!
I too am negging this "deal" sorry. Firstly I've had such a hit and miss relationship with cash rewards I have little trust in the company anymore and secondly this isn't in the spirit of the site… Wouldn't surprise me if all cashreward posts by TA are manipulated to make front page.
Wtf why are people negging free money?
If this was hidden in the forums no one would see it and people would miss out on an opportunity to get some extra cash back
Andrew here from Cashrewards…
Our goal is to provide the best cashback service in Australia and we try really hard to combine the best offers with highest cashback rates possible.
We also listen closely to our community so we can continually improve our product and service.
We’ve just got to $14m in cashback that we’ve given back to Australians many of whom are OzBargainers and we are very proud about that.
So as we always look for ways to improve our offers and we had noticed the 15% gift card offer at eBay has been very popular. So TA and myself decided to increase the cashback, to make this already good deal a slightly better deal, by increasing cashback from 1.25% to 2% for the last remaining hours of this deal tonight.
Its hard to increase cashback at eBay these days as margins are so tight however we thought we’d offer a small increase for a short time to benefit our members, encourage sales of these popular gift cards which offer substantial savings on face value and also as a small way to thank our community and our valued OzB community at this time of this time of the year. We'll be doing more of these short term increases at different stores in the coming weeks.
Once again never hesitate to contact me with any queries of feedback, we really do like to hear from you all and highly value your opinions.
It's a great offer Andrew, many thanks to you, TA and the Team.
People complaining about getting free money increased really forget why the even use this site in first place.
On a scale of 7, how legit is cashrewards in your opinion?
Hi Andrew,
How is this deal any different from this forum post moved from deals from start of this year? An increase from 1.25% to 2% cashback at eBay.
TA has not responded to my private messages in months and would just like an honest answer?
Many thanks,
That has nothing to do with ahc99, they are obviously not a moderator. That post was moved to the forum by user request, scroll 2 comments down on the very post you linked.
Use the Talk with a moderator forum for any other moderation queries.
At the time when the previous deal was moved to forums there was a lack of users requesting it be made a deal?
Not sure how this current post is any different, just a different user posted it up. I would just like some clarity from Andrew or TA.
When hamza23 says by user request it means the OP requested it, not that people on OzBargain requested it.
@derfel.cadarn: But OP responded as most of people agreed that it is a Forum Post and not a bargain in itself. Samething happened here, but not sure why deal was not posted to Forums. There is no bargain in this deal I am afraid.
@derfel.cadarn: I'm curious, did anyone in that forum post question it be made a deal tho? JV summed it up perfectly. Now same post 10 months later and it's now deal worthy with over 100 votes…
I think the topic has been beaten to death. FWIW my 2c says a 60% increase in cashback on a widely trafficked site with a very wide range of products is worth a post, but I'll just let the mods and scotty hash it out :) And that'll be my last post on this topic!
@derfel.cadarn: Fair enough, this post has gone on for awhile. Shame there is no eBay coupon based sale today to stack the cashback rate increase.
You guys are nothing more than an affiliate network that are blatantly using OzB to advertise. I used to work in that area and are well aware of what kind of money you would be pulling in, people think it's a good deal to get $0.50c back from their order while you probably earn $5+ in the same transaction.
Whilst it's not illegal (depends how you guys to your tax ;)
Its hard to increase cashback at eBay these days as margins are so tight
Haha, any tom dick or harry can sign up to the affiliate network at eBay and get rates of 10-40% depending on the category, don't talk trash saying the margins are tight. You want to earn the most possible whilst keeping the blind idiots happy.
what? a businesses goal is to make money?
you're telling me that cashrewards is making money from our purchases? preposterous.
good that we don't need cashrewards anymore as tom, dick and harry will open up a cashback website to compete with them. after all, its super easy.
I have nothing against them making money, I do however have a problem with them using OzB for free advertising.
what? people run deals in order to advertise? and on a free website, of all things?
i think you have a conspiracy on your hands
Being associated with some of the stores listed in CR and been involved in commission negotiations I can tell you that CR are not making much profit on a lot of these sites. With Gkb, Cashrewards take home 4% and give back 3.20% to customers. Taking 0.80% back is not much at all.
Which stores? I was heavily affiliated with an advertising company (no longer!) which was similar to cashrewards but kept all profits to themselves, sure some stores don't have very good commission but probably have better conversion ratios… however eBay has high commission and through the roof conversion ratios as their store is all in one..
Again I don't give a rats about them making money, good on them but using OzB for free advertising is annoying when there was a time this place was heavily moderated against people sockpuppeting/alias accounts just to post stuff on here now it seems it's just free range.
Again I don't give a rats about them making money, good on them but using OzB for free advertising is annoying when there was a time this place was heavily moderated against people sockpuppeting/alias accounts just to post stuff on here now it seems it's just free range.
Uh OzBargain is for free advertising.
Conflict of interest if they are getting paid by advertisers.
Rebel Sport reps has been banned for sockpuppeting, moderators don't discriminate whether you're a large company or not (GOOD!).
Moderators are still there.
@storyteller: For OzBargain specifically it would be GeekBuying which uses shareasale.com as their affiliate network. As does most other Chinese sites like Banggood, Gearbest, Zapals and Tmart to name a few.
this place was heavily moderated against people sockpuppeting/alias accounts just to post stuff on here now it seems it's just free range.
Still is heavily moderated against sockpuppeting and ghost accounts. They almost never slip through the cracks.
@cwongtech:
crashrewards don't sell anything, i don't see any deals in the OP
simply make money being the middleman.
neg away - but it's clear I'm not the only one with a problem here
simply make money being the middleman.
A middleman that gives a part back to you.
If they didn't have a middleman, eBay is not going to reduce prices for you.
simply make money being the middleman.
Jeez, you better get on those damn real estate agents then! They're making money being middlemen. They're not selling you anything, the property owner is.
Simply make money being the middleman
generally you're paying for advertising of your property with a real estate agent, dealing with buyers/tyre kickers etc etc
get a better example of a middle man.
generally you're paying for advertising of your property with a real estate agent, dealing with buyers/tyre kickers etc etc
You could advertise yourself too.
The companies are paying CR to advertise their site through CR emails.
The middleman is CR.
You are the buyer.
You click through the middleman, just like a prospective buyer will go through an agent, to get to the product (house/CR's cashback store).
The middleman gets paid (real-estate agent)/CR.
Real estate agent goes and settles paperwork and gets paid.
CR goes and says - that sale wouldn't have happened without me, I want my cut.
CR to buyer: This is a proportion of the pay from the sale you made.
Real estate agent to buyer: YEAH ENJOY YOUR NEW HOUSE CONGRATULATIONS
Real estate agent to seller: Remember to pay my 15k for this house yeah?
a middleman that takes money from the seller and gives a portion of that to the buyer, under a complete contract and agreement with both the middleman and the seller. so the buyer benefits from this, the seller benefits from this, the middleman benefits from this. middleman advertises on free website, giving seller more publicity, giving buyers a bigger discount and promoting the seller's store. all parties agree, and are happy.
whats the problem here?
you want to know? your only argument is that they are making money (in your opinion, too much, even though other cashback websites are unable to compete with the amount and/or reputation of CR) in a competitive market. oh boy, will you have a bone to pick with every business in this world. i also heard the girl running the lemonade stand on the corner is selling 20cents of lemon for $2. better call the popos on her. shes making too much money.
there is a reason other cashback websites aren't as successful or have even completely disappeared. if you think it is that easy to open up a website and be competitive in that market, please show us. there is no need to be stuck at your job if you can be a startup millionaire based on your insider knowledge. after all, you'd easily be able to attract tens of thousands of visitors, build a reputation and negotiate 10-40% while offering 9-39% of that back (making too much money is forbidden of course because its unfair that im stuck in my 9-5 job making much less than them) being a tom, dick or harry.
What if it was an interest rate cut?
Not saying CR is the same as the RBA but goddamn, tough crowd.
They're giving you a little part of their increased commission and complaining about it.