Earlier quoted context omitted.
No, that's not correct. You can get rewards from the page you're already on, whether it's the cheapest or not. You're not redirected and you're not incentivised to switch the retailer. I'm getting their points from doing online grocery order directly from the supermarket site for example.
But is that superceding another site's affiliate link, or did you just go straight to the website yourself?
PayPal to acquire shopping and rewards platform Honey for $4B
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Re: PayPal to acquire shopping and rewards platform Honey for $4B
#152Earlier quoted context omitted.
Couldn’t you basically start any website and pay users $200 and get as many users as you want?
That's literally what PayPal did. They gave users $20 if you created an account. Over time, they lowered it to $10 and then $5. The program cost them ~$70m, but let them grow at 7-10% / day. They went from 800k accounts in March of 2000 to 4m in September, and then 11m in September of 2001.
Re: PayPal to acquire shopping and rewards platform Honey for $4B
#153Earlier quoted context omitted.
But if the other affiliates are more valuable then merchants do care if they piss them off. After all they want those high value affiliates to continue doing what they are doing
90% of affiliates are very small players that don't have any bargaining power. In most modern platforms, all the referrers are tracked. I'm pretty sure that big players do complain and they'll get a "first cookie" or at least partial attribution for the sales they make.
Re: PayPal to acquire shopping and rewards platform Honey for $4B
#154How does Honey make money, aside from the obvious data collection? I know a few people who use it, and I've cautioned them in the past that I can't think of any savory business model that would make this profitable. Is there one? Is it just tracking purchases for advertisers, or is there some other monetization strategy I'm missing? Their main site says they make commissions, but I don't know how to square that with…
I've read that part of what they do is effectively steal affiliate referrals from other websites. Say you click on an affiliate referral link from a blog that takes you to retailers website. Normally that blog would get a cut of whatever you buy at that retailer. However, if you then use your Honey extension, their affiliate link takes over and gets credit for the sale. Honey can then give you a small discount that i…
Re: PayPal to acquire shopping and rewards platform Honey for $4B
#155Re: PayPal to acquire shopping and rewards platform Honey for $4B
#156Earlier quoted context omitted.
Wikibuy was already acquired by Capital One.
What about Wikibuy is a wiki?
It came to be synonymous with online community editable websites for information.
But it's original meaning is from the Hawaiian phrase "wiki wiki" which means quickly.
So it makes sense. Quickbuy.
Re: PayPal to acquire shopping and rewards platform Honey for $4B
#157Honey sponsors a lot of youtube personalities. I remember Mr Beast talking about them. Seems like it paid off.
Re: PayPal to acquire shopping and rewards platform Honey for $4B
#158Earlier quoted context omitted.
> appropriately minifying and not obfuscating, because many of their variable names are comprehensible Wouldn't most scripts run through a minifier have incomprehensible names?
There are also JS maps which allow you to download the obfuscated blob but still view more or less what is the original code; used for debugging React/JSX code, for example.
Re: PayPal to acquire shopping and rewards platform Honey for $4B
#159Re: PayPal to acquire shopping and rewards platform Honey for $4B
#160Earlier quoted context omitted.
> appropriately minifying and not obfuscating, because many of their variable names are comprehensible Wouldn't most scripts run through a minifier have incomprehensible names?
Yes, if set to maximum minimization. They might retain the original names to help with debugging, possibly.