[StartHere] DealExtreme on MoneyBackCo

Steve on 27/07/2007 - 16:56

We were asked if we could offer moneyback from DealExtreme.com (some great gadgets BTW, I only really looked at what they offered yesterday and spent about two hours browsing and adding to my wish list ;-) ).

Well the long and short of it is "we can", however there are a couple of issues with it which I hope we can work through and wanted to get your opinions on it. As the site is US their moneyback will be in US$ and they only payout to PayPal, so there we have issues with exchange rate and PayPal taking their cut as we have a Premium/Business account, so to keep things simple for this offer only we don't intend to offer 100% of the cashback available rather a percentage (still need to do the figures here), but for the sake of argument say we offer 80% of the cashback available and this takes into account the exchange rate variability and PayPal's cut, so instead of 0.75% moneyback at the first tier we'd offer 0.6%, although I'm pretty sure we'd be up to their top tier fairly quickly, which is 1.5%, so we'd offer 1.2% moneyback.

An additional problem is that we can't insert any optional information in the tracking URL, so instead of automatically being credited with moneyback after completing an order with them you'd need to raise an enquiry immediately stating your order reference (we get this information in the tracking data) so we can credit the transaction to you.

With the above in mind do you think its worth doing? It could potentially be a lot of work for us, but we're prepared to give it a go provided there is enough interest.

Please let me know your views.

Cheers,
Steve.

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Comments

  • cacbm on 28/07/2007 - 23:39

    While it's always good to have new merchants added to MoneyBackCo, but it does seem like it's quite a hassle. Especially the part where you can't get the cashback unless you contact MoneyBackCo after ordering. Considering the majority of the items on DealExtreme are quite cheap, I wonder would it be worth it to just get 0.6% of say $30 back (which is 12 cents).

    Alan

  • Steve on 29/07/2007 - 02:35

    Cheers Alan,

    Its a fair point, is it really worth it?

  • [Deactivated] on 29/07/2007 - 09:19

    Steve

    I think this is still a good idea, but as cacbm says on $30 is it worth it for 12c. So taht got me thinking of the following

    However if money's on the table it might still be worth while giving it a try especially as volume may get it up to 1%.

    Another interesting way would be either limit the claims to values over say $50

    Or just letting people know if they put the code in then the $ made by MBC will be donated to a prize pool. That way its optional but at least we know the money on the table is being used rather than just going nowhere.

  • Steve on 29/07/2007 - 21:01

    Thanks Pete,

    I like the idea of a prize pool, that way we wouldn't need to over complicate the moneyback calculation we'd just put into the prize fund exactly what we'd get from DealExtreme after PayPal fees and currency exchange had happened, and it would make our admin job much easier. However, again it might take a while for this to become a meaningful amount, and also not sure how people would feel about donating their moneyback to a prize fund?

    Keep the ideas coming, I'm sure we can work this out together.

    Cheers.

  • scotty on 01/08/2007 - 18:32

    Yes I think prize pool would actually be a more trouble-free solution (okay, I am lazy). Adding support for more affiliation program backends, especially ones that do not provide sufficient details, can be time consuming and I'll rather have Steve hunting down nice deals for us like the Vodafone one :)

    As my first purchased arrived in one piece, and is of "okay-quality" today, I am thinking buying more from these guys. Do you have a test referral link that we can use?

  • Steve on 01/08/2007 - 19:54

    Hi Scotty,

    I think I agree that a prize pool is probably the way to go, at least initially. Until we get the program up on the MoneyBackCo website, our affiliate link is:

    www.dealextreme.com/default.dx/r.87746219

    I've also ordered some stuff, couldn't resist, still 'waiting for suppliers' though :-(

  • Steve on 02/08/2007 - 17:42

    Scott,

    Maybe you should get an affiliate ID so that members of OzBargain and MoneyBackCo can contribute to your prize fund rather than one on MBC? Of course you'll probably be accused of profiteering ;-)

  • Orgazmo on 06/08/2007 - 12:35

    I think it would be a good idea to add dealextreme.com to MBC but only for larger orders. I would be interested either way.

  • bamzero on 22/08/2007 - 03:35

    I just placed an order the other day with these guys. If I'd seen this post earlier, could have put my referral points towards the prize pool. Well, once my order gets here, if all is well I'm sure there will be more.. Great gadgets! :)

    • POWERevolution on 20/06/2008 - 17:09

      Same here, I placed $300+ order other day…would be good if this small $ go back to OzBargain. Go for it Steve!

  • Orgazmo on 20/06/2008 - 15:01

    If you buy via the referral link, do I still receive my regular DX points?

  • Steve on 20/06/2008 - 19:08

    At the moment we have 0.38 points, so it could be a slow burner :-)

    Cheers, Steve.

    • POWERevolution on 22/06/2008 - 13:15

      Should get another 88 points :)

  • kevst on 29/06/2008 - 00:02

    Steve,

    Is it worth extending your business model to allowing cashback for US sites generally?
    If you built around that as a concept and created a US dollar account that paid back from paypal it could be worth it.

    I used kodakgallery for getting some photocards - 60US [they pay affiliate money] and I am also looking to sign up to some us online training with www.expertrating.com who pay 20% to affiliates [and the courses are 100 US so each payout is $20]

    I have been trying to find a US site that does moneyback for the latter for a few days.

    If you replicated your model for the US and did one-off back to oz transfers then you could get the kind of money you get here for US clients.

    K

    • Steve on 30/06/2008 - 18:24

      I'll certainly have a look into it.

      If there is enough demand then possibly it may be worthwhile, but not just for DealExtreme!

      Thanks for your response.

      Cheers, Steve.

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