A reminder

Posted by Nick Light on February 24, 2009 under Miscellaneous | Be the First to Comment

Hello

Mozbox is a social shopping network so the need to constantly
advertise will reduce as the network grows.

From a merchant perspective we can offer them a platform to engage
with customer on a neutral level. (Merchants we have can set up
special profiles and customise the design to suit their needs.

We have deliberately limited our product/merchant database to the
500,000/400+ just while we are in the early stages of beta, so we
could easily pump up the totals to match if not exceed kelkoo.

We are not just a competitor of kellkoo and others.... we are a hybrid
(social shopping + cashback + price comparison) and as such can
offer many features that are just not available on the net -
especially in the UK (for example where else can the average person
earn commission on product reviews)

We see cashback combined with social shopping as a very powerful model indeed.

Thanks

Nick

Quoting emmanuel Ide <[address removed]>:

> I understand that it can be upsetting to hear criticism (constructive
> critics) when launching a site, but I still don’t understand the model.
>
>
>
> 1) Cashback on affiliates products reduce your margin as affiliate, and
> makes it difficult to compete with other same affiliation websites
>
> ð The only way to justify reducing your margin is to demonstrate an
> existing high volume of traffic (kelkoo, msn, etc… ) and balance the cost of
> cashback with the increase of retention rate
>
> ð For a new comer such as mozbox, the only viable solution would be to sell
> the technology to a big site which could benefit (even if it proves to be
> only hype) from the technology / affiliation deals in place.
>
>
>
> Given the second point, it seems to me that releasing a site such as mozbox
> is an unnecessary cost:
>
> - If you release a site, potential investors in the technology will
> ask about the traffic the site is getting, which is a chicken and the egg
> question (we don’t have the traffic because we don’t have the exposure yet,
> we don’t have the exposure because we don’t have the traffic yet. Traffic is
> too expensive to get, and exposure is not possible through PR given the lack
> of novelty in the offer.
>
> - It is hard to find good affiliation deals if you don’t have
> traffic in the first place
>
>
>
> Why not approaching directly potential buyers (online newspapers, etc… ) and
> offer to develop the solution for them?
>
>
>
> Emmanuel
>
>
>
> From: [address removed] [mailto:[address removed]] On
> Behalf Of lloyd price
> Sent: 23 February 2009 19:50
> To: [address removed]
> Subject: Re: [entrepreneur-1056] A reminder
>
>
>
> Hi All,
>
>
>
> in response to mozbox.com and the various statements about cashback, the
> position in the UK market at the moment is as follows ...
>
>
>
> MSN and Shopping.com have not launched any cashback features or technology
>
>
>
> MSN have released their cashback system in the US to encourage users to use
> MSN search and take market share from google, they plan to bring it to
> Europe in the 2nd half of 2009
>
>
>
> Kelkoo have partnered with a US company called Loyalty Ventures to release
> their own cashback system in the UK and France
>
>
>
> 400 retailers and 500k products is very small compared to Kelkoo,
> Shopping.com, PriceRunner, Shop.com, NexTag, Shopzilla, Pricegrabber etc...
>
>
>
> Kelkoo has over 4 million produucts from 3000 retailers
>
>
>
> "What makes Mozbox truly unique is that Members have the potential to earn
> money on almost every action they take on the site. As well as gaining
> cashback on all purchases made through Mozbox." - this is no different to
> Quido, Mutual Points or any of the other cashback sites currently operating
>
>
>
> PS) Nick - please email me the investment opportunity you have as I have
> been working in this space since october 2000 in the UK and 10 other
> european markets, would like to see what USP's you have that are scalable
> and have first mover advantage with.
>
>
>
> cheers,
>
>
>
> Lloyd
>
> 2009/2/23 Rebecca Daly <[address removed]>
>
> Hi Nick,
>
>
>
> As someone who buys a lot on line - I like your site! and why not....
> getting some coins back for spending a few more coins... seems like a good
> deal, and a site for shopping that I am much more likely to remember and one
> I will tell my friends about.
>
>
>
> B
>
>
>
>
>
>> From: [address removed]
>> To: [address removed]
>
>> Subject: RE: [entrepreneur-1056] A reminder
>> Date: Mon, 23 Feb 2009 13:28:54 -0500
>
>
>>
>> Hi Nick,
>>
>> I believe MSN and shopping.com <http://shopping.c...; have tried adding
> cash-back feature in the past, without success. This may tend to prove that
> the average user is not interested in such feature - and rather focus on
> best deals.
>>
>> This was just an open question - maybe MSN and shopping.com
> <http://shopping.c...; got it wrong, and other indicators make you believe
> that this feature will help you increasing traffic to your affiliation site.
>
>>
>> Emmanuel
>>
>> -----Original Message-----
>> From: [address removed] [mailto:[address removed]]
> On Behalf Of Nick Light
>> Sent: 23 February 2009 16:20
>> To: [address removed]
>> Subject: Re: [entrepreneur-1056] A reminder
>>
>> Hi
>>
>> The prices that are shown on the site are the actual prices that can
>> be found on one of the 400+ merchants we currently support. (we have
>> play.com <http://play.com/&...; 's 90k products from for example.
>>
>> We are currently merging all the duplicate products to provide price
>> comparison.
>>
>> We then offer a cash back discount (usually around 10%) to the
>> customer and add a social layer to the combined product inventory so
>> that our users can review, make lists and recommend products to each
>> other.
>>
>> We offer an additional revenue incentive for recommendations/reviews
>> that generate sales in the form of bonus cash back.
>>
>> Thanks
>>
>>
>> Quoting Peter Bowyer <[address removed]>:
>>
>> > David
>> >
>> > A reminder for you that this is a discussion list, and Emmanuel posted
>> > an interesting point in response to Nick's announcement, that merits
>> > further discussion.
>> >
>> > Please feel free to hit the delete key if there are any messages in
>> > the discussion that you don't want to read. Don't try to make that
>> > decision on behalf of the other subscribers.
>> >
>> > Peter
>> >
>> > 2009/2/23 David Lowe <[address removed]>:
>> >> Emmanuel,
>> >>
>> >> Did you get my 'Reply to all' email earlier? Hello...McFly...
>> >>
>> >> D
>> >>
>> >>> From: [address removed]
>> >>> To: [address removed]
>> >>> Subject: RE: R: [entrepreneur-1056] Mozbox Public Beta---i cannot
> register
>> >>> Date: Mon, 23 Feb 2009 10:27:08 -0500
>> >>>
>> >>> Hi Nick,
>> >>>
>> >>> Interesting concept. Essentially an affiliation website paying some
>> >>> commission back to users who follow your affiliation links. Why would
>> >>> people
>> >>> register when they can get actually find better deals somewhere else,
> or
>> >>> shop directly on the site such as on http://www.shop.c...
> <http://www.shop.c...; ?
>> >>>
>> >>> Emmanuel
>> >>>
>> >>> -----Original Message-----
>> >>> From: [address removed]
> [mailto:[address removed]]
>> >>> On
>> >>> Behalf Of Nick Light
>> >>> Sent: 23 February 2009 11:57
>> >>> To: [address removed]
>> >>> Subject: Re: R: [entrepreneur-1056] Mozbox Public Beta---i cannot
> register
>> >>>
>> >>> Hi
>> >>>
>> >>> Thanks for all your responses.
>> >>>
>> >>> I have added a link to the basic form.
>> >>>
>> >>> This can be found at
>> >>>
>> >>> http://www.mozbox...
>> >>>
>> >>> A case of the first day gremlins :)
>> >>>
>> >>> Thanks
>> >>>
>> >>> Nick
>> >>>
>> >>>
>> >>> Quoting Chris Powell <[address removed]>:
>> >>>
>> >>> > Sorry, that doesn't work!
>> >>> >
>> >>> > C
>> >>> >
>> >>> >
>> >>> >
>> >>> > Chris Powell wrote:
>> >>> >> Try entering the relevant address in directly, thus:
>> >>> >> http://www.mozbox.... You shouldn't have
>> >>> >> the scrolling problems then...
>> >>> >>
>> >>> >> (Nothing to do with mozbox, just looking around too)
>> >>> >> Chris
>> >>> >>
>> >>> >>
>> >>> >>
>> >>> >>
>> >>> >> Giacomo Facchini wrote:
>> >>> >>> there is a problem in the registation paper when i try to scroll
> down!
>> >>> >>> woukd love to register my profile :-)
>> >>> >>> ciao
>> >>> >>> G
>> >>> >>>
>> >>> >>> --- *Lun 23/2/09, Nick Light /<[address removed]>/* ha scritto:
>> >>> >>>
>> >>> >>> Da: Nick Light <[address removed]>
>> >>> >>> Oggetto: [entrepreneur-1056] Mozbox Public Beta
>> >>> >>> A: [address removed]
>> >>> >>> Data: Luned? 23 febbraio 2009, 12:20
>> >>> >>>
>> >>> >>> Hello
>> >>> >>> My name is Nick I am the CEO of Mozbox.com
>> >>> >>> I would like to take the opportunity to invite you all to join
>> >>> >>> the Mozbox
>> >>> >>> public Beta which we have just launched today.
>> >>> >>> I would be very interested to hear your thoughts on it. (be
> gentle)
>> >>> >>> Please see some blurb below.
>> >>> >>>
>> >>> >>>
>> >>>
>> >>>
> ----------------------------------------------------------------------------
>> >>> --------------------------------------------------- Groundbreaking new
>> >>> social cashback website Mozbox launched today
>> >>> >>> offering
>> >>> >>> online shoppers a unique experience that lets them shop with
>> >>> >>> their friends, and
>> >>> >>> earn money. Containing over half a million products from over
>> >>> >>> 500 Retailers,
>> >>> >>> Mozbox makes online shopping a social experience by allowing
>> >>> >>> Members to interact
>> >>> >>> with each other and share reviews on products, wish lists and
> product
>> >>> >>> recommendations.
>> >>> >>> What makes Mozbox truly unique is that Members have the
>> >>> >>> potential to earn money
>> >>> >>> on almost every action they take on the site. As well as
>> >>> >>> gaining cashback on all
>> >>> >>> purchases made through Mozbox, Members can also earn bonus
>> >>> >>> cashback on their
>> >>> >>> friend?s purchases if they are referred by a product review,
>> >>> >>> wish list or a
>> >>> >>> recommendation.
>> >>> >>> ? Full price comparison site, containing over 500,000
>> >>> >>> products from over 400
>> >>> >>> Retailers
>> >>> >>> ? Advanced product search features
>> >>> >>> ? Flexible privacy settings to control who sees your profile
>> >>> >>> ? Full social networking features
>> >>> >>> To celebrate the launch, Mozbox are offering a ?2 credit to all
>> >>> >>> new registered
>> >>> >>> Members, PLUS an additional ?2 for every new Member you refer to
>> >>> Mozbox!
>> >>> >>>
>> >>> >>>
>> >>>
>> >>>
> ----------------------------------------------------------------------------
>> >>> ------------------------------------------------------ We are
> currently
>> >>> self funded and would be keen to talk to any
>> >>> >>> potential
>> >>> >>> investors or marketing gurus.
>> >>> >>> Kind Regards
>> >>> >>> Nick Light
>> >>> >>>
>> >>> >>>
>> >>> >>>
>> >>> >>>
>> >>> >>>
>> >>> >>> --
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>> >>
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>> >
>> >
>> > --
>> > Peter Bowyer
>> > Email: [address removed]
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>> >
>> >
>> >
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>>
>>
>> --
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>>
>
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