Tuesday, January 23, 2007

AGLOCO Updates

Post from AGLOCO Company Blog

AGLOCO for All Members

January 21, 2007 at 10:17 pm · Filed under About AGLOCO, AGLOCO Vision

Some people have asked me, “What’s in it for regular Members who have few or no referrals?” I like this question because I know there is a whole lot these Members have to gain. We designed AGLOCO as an Economic Network to benefit every Member, not just those who help build it.

For example, I was reading a blog post about the affiliate commissions AGLOCO will collect, and I realized that I hear a lot of talk about how AGLOCO will make money from advertising, but less buzz about the other (perhaps even more interesting and directly useful) ways Members will make money.

I recognize that during the current pre-launch phase we spend extra time on the referral system and the building of the network, so I want to address a part of “what’s in it for regular Members”, specifically in talking about the economic benefit of collecting sales commissions (or affiliate revenue). Let me explain:

Every year, billions of dollars are spent on online shopping, whether for books, electronics, cars, airline tickets, or just about anything else. Many online retailers such as Amazon, Orbitz, and CarsDirect have programs that pay for attracting customers to their online store (basically, to get you to purchase on their site and not that of a competitor). AGLOCO Members will be able to take advantage of these programs simply by having the Viewbar active while they are shopping.

The AGLOCO Viewbar software will be capable of sensing when you are making the type of purchase for which AGLOCO has a revenue sharing program (and by potentially directing you to that partner if you are not already on their site). If you make a purchase, the Viewbar will collect the commission from that purchase. Initially, this revenue may be added to the general AGLOCO revenue pool for expenses and Member distribution, but eventually a sizeable percentage for that revenue will go directly into the Member’s account. Thus, the more a Member buys, the more money will be put into his or her account in addition to regular AGLOCO income. Without the Viewbar, that commission would simply not be paid, or might go to someone else.

One of the reasons a larger AGLOCO network is important is that these retailers generally pay a higher commission percentage for networks with more Members (i.e. those who bring more customers tend to get paid more money per customer). Rates vary by retailer and by retail industry, but one thing is generally true of all of them: as AGLOCO grows, we will be able to negotiate better and better commission rates for you.

This is one way in which you (as a regular Member) make extra money, and with AGLOCO it will be automatic. It’s like your Internet purchases being made by a cash-back credit card, where the Viewbar automatically picks up when you are eligible for this cash back. So, besides having an active Viewbar on your desktop, you will not need to take any action to collect this money.

I think it should be easy when you, the Members, have essentially created the multi-billion dollar online retail industry.

Brian Greenwald
AGLOCO Development Team

Interesting site of the day: http://agloco-top-gun.spaces.live.com/.

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