Live data from Hacker News

The war to sell you a mattress

fastcompany.com

41–50 of 235 posts

Re: The war to sell you a mattress

#42

Now this made me thinking of other online review sites. Are they all like that? I couldn't give an honest review, if I get more money from B than A. So if they state otherwise, I call it fraud And I know that's what people call marketing in general and there might be some truth in it - but that's why you go to these review site to get a neutral view. So normally the customer should pay the reviewer, he is doing work…

There are very few review sites for any given product / service that aren't in the pocket of businesses through things like referral systems and sponsorships. It's an industry.

Re: The war to sell you a mattress

#44

Amazing to see people stumbling upon millions. Most techies are trying to come up with clever technical solutions to try and build an online business. Whilst elsewhere there are people making millions from reviewing mattresses. Or whatever the next accidental hot market will be.

Review sites in any niche industry can be extremely popular. I am a guitarist, and there are a LOT of blogs and Youtube channel reviewing guitars, amps and pedals. Most are pretty boring, technical reviews which aren't all bad, but get a handful of views.

Then there are the channels that thrive on drama and conflict. One particular guitar reviewer is an older chap, with questionable playing skills and knowledge, but he excels in riling up companies, which in turn leads to more publicity and views for him.

He is well known for taking expensive electronic gear apart and saying things like "I can't believe they charge $2000 for this guitar effects processor when I know the motherboard and DSP chips on here only cost $200... etc.". When the company refutes these claims or tried to explain, he shuts them down with demands for payment to remove his negative reviews etc.

We cannot expect much more though - a whole generation of audience has been trained to seek out such drama and negative energy and latch on to it like a remora to a shark.

Re: The war to sell you a mattress

#45
The whole online mattress industry has a bit of a stink to it. Here in Australia, I have been stalked for months by a particular brand of online mattress, Koala(?), on my Facebook feed, which I ignored, but on the past few weeks, I see the SAME ads on FB with the SAME girl in them etc., sold as a completely new brand.

I assume the original company either went bankrupt or received a C&D from somewhere and had to change their name. But this does nothing at all to increase my confidence in these online sellers. Welcome to the Cialis of 2017...

Re: The war to sell you a mattress

#46
post #35

Earlier quoted context omitted.

I don't think it's possible to implement an affiliate program in a completely ethical way. Even if you try to make your reviews fair and honest you will still have a subconscious bias to give every product as high score as possible, because high scores generate affiliate purchases.

This guy looks honest. He was even featured on Indie Hackers I think. https://www.sitebuilderreport.com/

And how do we know he's not paying you to say that?! /s

Re: The war to sell you a mattress

#47
post #17

The whole mattress industry is a scam. Actual manufacturing cost is $75-$300. Mattresses are even cheaper on Alibaba. Vacuum-packing memory foam shrinks mattresses for shipping, and now they can be imported easily. If you really want to annoy the US mattress industry, set up a review site and review sub-$100 mattresses off Alibaba. (Personally, I have an air bed which cost about $200.)

It's also the slimy showroom tactics.

Just like TV's, you want to go see one in person. You'll find the big brands are playing model number games so you can't compare the same one between different stores.

Re: The war to sell you a mattress

#48
post #35

Earlier quoted context omitted.

I don't think it's possible to implement an affiliate program in a completely ethical way. Even if you try to make your reviews fair and honest you will still have a subconscious bias to give every product as high score as possible, because high scores generate affiliate purchases.

This guy looks honest. He was even featured on Indie Hackers I think. https://www.sitebuilderreport.com/

I can tell you from experience that web hosting affiliates like this are absolutely the most "faked" of any industry out there. Affiliate payments from webhosts can equal 100x what a referral pays monthly, and the payouts are an ever increasing "race to the top" as hosts attempt to pump their customer numbers up

Re: The war to sell you a mattress

#49
post #24

If you want to make a lot of money - place yourself between the consumers and the producers.

That's literally the etymology of the word "entrepreneur", if you go back to the latin roots it's basically "go between and take"

While I'm sure you're right about the root of the word, this notion of entrepreneur itself comes from the french verb "entreprendre", which means something similar to undertake or enter a task/business.

Re: The war to sell you a mattress

#50
post #9

What does YC think of companies that make affiliate revenue? Is it a positive or a negative in the VC world?

Isn't affiliation a sort of a pyramid scheme? Oh sorry .. multi level marketing .. ?

No. Affiliate sales is just a basic "every sale you send my way, you make some money" arrangement, different only from traditional commissioned sales in that the affiliates usually don't work "directly" for the company selling the product.

Multi level marketing (MLM) schemes are situations in which people make money, or are promised money, based on their ability to recruit additional affiliate salespeople. The typical MLM pitch is "if you sell product X, we'll give you a (typically huge) sum of money, and also if you convince someone else to enter into this same agreement, we'll give you a different (usually smaller) sum of money, and what's more you'll get money for every sale that recruit makes, any people they recruit, and any sales they make, recursively on down the tree."

The con is usually in the fact that product X is difficult née impossible to sell, and that entering into such an agreement in the first place requires payment into the scheme. Those factors result in the people towards the "root" of the tree making tons of money simply from the fact that more people are getting recruited and paying in at lower levels. They make money from the tree growing, even though the leaves are not making sales.

This is widely considered unethical (and illegal, in some cases) since its primary profit engine is recruitment under usually-false pretenses. MLM can be practiced ethically between a given two parties, but usually only makes money due to subsequent unethical practices (e.g. one seasoned affiliate marketeer agrees to be a recruit of another such seasoned salesperson in a multilevel scheme, knowing full well the behavior of the scheme; they then both go on to enrich themselves and each other by shilling unsuspecting rubes with the typical "you can work your own hours, get tons of money, and, if you grow your network big enough, rake in the cash while your recruits do all the hard work!" sell concealing the "...for a nominal [signup|monthly|etc] fee" hook).

Edit: removed accidentally repeated repeated words.

Post reply on HN