TreatFeed - Treat Feed Deals Make Money 4 Levels Deep

by Lyf Brands TreatFeed, a newly launched social shopping application, has raised $5.4 million in funding led by Norwest Venture Partners.

TreatFeed, which is characterized as a ‘word of mouth’ rewards system, is the brainchild of HauteLook founders Brett Markinson and Konstantin Glasmacher, who recently sold the flash sales platform to Nordstrom for $270 million a few months ago. TreatFeed provides members with a way to benefit from their ‘word of mouth’ recommendations and turn them into rewards.

TreatFeed aggregates deals from retailers allows members earn rewards for sharing deals, and for the ongoing transactions of the people in their network. Users are essentially compensated for sharing in their social graph, or ‘social tree.’ Points can then be redeemed for products, exclusive offers and even converted into cash.TreatFeed makes money from affiliate fees.

Your Social Tree represents your 'word of mouth' network, allowing you to turn conversations into Points that can be redeemed for all sorts of great stuff, including cash!

A Social Tree is made up of 4 generations of your friends (Gen1) and their friends (Gen2/Gen3/Gen4). Every time someone in your Social Tree saves money at TreatFeed, you earn points. You'll literally earn Points in your sleep!

Don't wait - The earlier you start the bigger your network can be, and your earnings grow exponentially as your Social Tree grows. It's completely free, join now!

FREE TO JOIN HERE!

Los Angeles startup TreatFeed just launched a new spin on the crossover between social networking and e-commerce — it wants to reward users for their social recommendations with prizes and cash.

Scott Roback, the company’s senior vice president of strategy and business development, said that where companies like Facebook are trying to build a social graph, TreatFeed  is trying to create “the commerce graph, or the monetization layer of the social graph.”

Here’s how it works: TreatFeed aggregates deals from across the Web. Users come to the site for the deals, then ask their friends and family to join too. When users find deals they like, they can recommend them to their connections on the site. And if someone actually acts on a deal, then TreatFeed gets an affiliate commission, which it then splits with users. The user who signed up for the deal gets a percentage, and the user who brought them into TreatFeed gets a smaller percentage, and so on, up through four “generations”.

Technically, the commission for shoppers takes the form of points, but those points can be redeemed for prizes or cash. Roback estimated that half of the money TreatFeed receives for each deal will eventually go to users.

This system takes advantage of the fact that shoppers are already recommending products and deals to each other, Roback said. And the fact that Treat Feed is rewarding people for bringing in more users, rather than for recommending specific deals, seems smart, because it will help the site build out its user base quickly.

more info here  http://TreatFeeder.com -

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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