Monetization update šŸ”„

Monetization update: We continue to connect the dots and are now generating revenue from Amazon.com, eBay, Coinzilla, and others.

Increased revenue = increased dev activity + marketing resources + increased PRE buybacks.

Presearch is the way!

#SearchAI #tech #AI

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This is a great first step and initiative (which I do believe came from a community member)!

I applaud and recognize the Teamā€™s efforts to get these new monetization methods across the goal line and initially implemented so quickly. This happened way faster than I thought would be possible. Kudos :clap:

Is there a plan to develop mechanisms that will further incentivize the use of these monetization channels for Presearch and also for other affiliate marketers? I see integration of affiliate program in Q4 but does not specify exactly what that means.

Having these monetization Opportunities is AWESOME! I have already purchased some things from eBay and Amazon via the Presearch platform partnered links. However, not everyone will do this, most will revert to their current habits and ease of use which is go directly to Amazon or eBay or those respective apps and then search and purchase items as most currently do. It is another step and a substantial change in habit to come to Presearch first search; maybe not find what you are looking for if not then go back to those sites find exactly what you are looking for, then come back to presearch to see if you can find that thing with a partnered link. I am doing that now but most will not.

Recommendations:

  1. You can however, change peopleā€™s habits if you incentivize them. The easiest way to do this is to pay them PRE. If someone uses the partner/affiliate link Presearch could award some percentage of that earned revenue back to those users. To do this while protecting privacy, admittedly may be a difficult problem to solve. But if it was solvable or if the data needed to do this was not a breach of privacy this would supercharge the use of those partner/affiliate links and get many times more successful purchases = more income.

a. Perhaps if a logged user clicked and completed a purchase that unique presearch user ID would get either a general credit for a ā€˜completed purchaseā€™ or perhaps specific credit for ā€˜that purchaseā€™. The later starts to mess with privacy concerns while the former might maintain privacy of the individual user. Then those members who actively participated and went out of their way to earn Presearch income could receive some compensation percentage of that affiliate revenue in the form of PRE. Give to those who are actually contributing to the networks success in proportion to their contributions! This is in 100% alignment with the strategic vision.

b. Conversely you could offer the more specific reward percentage for users who chose to give up a little privacy for a greater reward. This would only collect necessary information to reward the user and they would get a privacy pop up perhaps that explains what will be collected for that specific transactional agreement auto-resetting every time or for those that donā€™t care a toggle to keep that option on.

  1. Assuming we could solve the privacy issue with this concept, the same could be leveraged for other affiliate marketers trying to use the platform for their own benefit.

a. An example would be if Presearch was able to successfully implement the above recommendation the number of purchases would sky rocket from the current numbers and it would be its own advertising for another benefit/feature of using the platform. It makes it more sticky and ensures greater user time on platform, which is great for advertisers. But, if you donā€™t also implement a similar mechanism for other affiliate marketers you are basically shutting them out. So offer them a similar option or a pre-bid capability where they could put PRE in an escrow stake that would allow them to say hey instead of clicking on Presearch affiliate link which is simple and easy a marketer could offer perhaps more PRE or more benefit to the end user. So now if I see a partnered link and know I might earn x amount of PRE or I could click this other non-presearch option and earn more PRE the user now has more choices and the platform remains enticing to affiliate marketers. Plus there are so many affiliate programs that Presearch will never be able to be a partner of them all so again niche areas for marketers and niche buyers as well as general marketers and general buyers are all better able to mutually support each other on this platform. The more competition and Opportunity you have the better for all. More views, longer use, more clicks, more purchases, more affiliates, more savings/benefits, all drawing more users.

This feature may not even always be used for products or services either it could also be used to further increase likelihood of click-throughs or views of other linked information. It simply provides greater Opportunity to advertisers, affiliate marketers, Presearch, and end users.

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@Ben I wasnā€™t going to name names but thanks for your contributions :wink:

Good points on the affiliates fine print, wouldnā€™t want Presearch to go against any policies. Would have to checkout which programs this concept could be used for and see if it was worth while.
It seems like a good idea even if it is not for every program because it starts to build new habits and even if not offered for certain programs if the habit is built people might just use those anyway out of habit.

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Great points. I donā€™t know if you have seen some of my other comments in TG or here over the last year or more but I would just like to add some possibilities for affiliate incentive programs that would not go against Amazon or other affiliate partners guidelines.

In fact I propose we donā€™t offer any incentive to visit any affiliate link within our platform via any special link, ever. What I have proposed countless times is we offer incentives to visit Presearch.com and itā€™s pages via special links that offer revenue share for user loyalty. I propose we do this using a third party affiliate tracking platform or software that keeps track of points that equate to revenue share company wide. This opens the door wide open to non crypto related influencers and platforms to help us grow beyond our wildest dreams in my opinion.

And just for clarity, preventing users from creating ā€œcustom linksā€ to affiliate links or affiliate offers that would violate the approved links would be as easy as clicking a setting that says ā€œdo not allow custom linksā€ so that only certain landing pages would be allowed within the points system affiliate program. For example only the home page, referral page, information pages, news, social media pages, etc. These would be preprogrammed links. These landing pages will be on a special website created just for this program and will forward the user to the desired page within Presearch and will be used for placing the tracking code to track the revenue share affiliate program only. No tracking code will be placed on Presearch.com or any of itā€™s pages.

I hold strong to the idea of a revenue share point system in addition to the current affiliate program. It just makes sense to me. While I like the updated affiliate program and referral reward incentive for PRE, it has proven to statistically ineffective in user conversions that remain loyal users of the platform. Out of 29 personal referrals only 2 have rewarded me PRE.

I also believe that an affiliate referral profit sharing points system can be tied into the new custom site search API allowing site search owners to convert their existing audience into revenue generators by awarding points for every referral that creates a Presearch account using this third party points tracking system. Those points never expire and equate to a percentage of Presearch revenue share ownership. Any marketer or current Presearch member could participate, not just Site Search owners but now would be the time in order to launch these two opportunities together.

Personal visits for all users within a 24 hour period would also be rewarded points. Clicks on your referral link to join presearch or visits as a result of a click on any of the preapproved affiliate links anywhere on the internet would also earn points. Opening your browser with Presearch installed as the default would also earn users the daily point. Every point equates to your share of company profits. Why would anyone use any other platform?

I believe we are missing out on a whole slew of traditional marketers that could care less about Crypto. By having both affiliate methods linked together we get crossover by default. So they could care less about the free crypto. Well no problem. Now you have a traditional profit sharing affiliate program with a twist.

The question is how much revenue is Presearch willing to put on the table to to try a new method that is outside the box of what any other search engine is currently doing? I suggest a sliding scale starting at 10% and then increasing it based on the volume of company revenue all the way up to 50% or more.

What do we have to lose? We are already dollar short so I see only one way this can go. The problem is, and always will be, user loyalty. The points system affiliate program fixes this by adding an extra loyalty layer between the current affiliate system and the new profit sharing affiliate points system.

This opens up so many more advertising opportunities for users and marketers to push Presearch. Especially with traditional marketing methods. Just my two cents worth.

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