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Who is Agloco founder? You!
23rd January 2007
From Official Agloco Blog
http://aglocoblog.blogspot.com
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We’ve talked about this a few times already, but I think it needs repeating in this blog.

Welcome to both the trials and the excitement of being a founder. Because of our design as an entrepreneurial company, we have decided to allow people to help us build the network before we launch the company. Essentially, as a Prelaunch Member, you are taking part in what a founder does: working to build the network.

I was flipping through some Member websites yesterday and found one that has a good quote from our “History” page:

YouTube was acquired for $1.65 billion by Google in October 2006. The story of how three guys made hundreds of millions of dollars in one year is a great tale of entrepreneurial success. But what happened to the first users who posted their videos on the site and told their friends to do the same? We don’t hear about them, because they did not get anything (other than free video hosting). Wasn’t it really these users that helped turn YouTube into a multi-billion dollar company? Sure the site is great and the founders deserve all the credit they get, but it is the users who ultimately made it valuable. There are plenty of video sites, and if it wasn’t YouTube, another site could have filled the space, become a household name and been acquired for an amazing price.

We are not trying to pick on YouTube (which we happen to love using). How about the early users of Skype? What about those who first downloaded the software, made calls to their friends in different countries and told their parents to use it as well? They did not see a penny of the $2.6 billion that eBay paid for the company in September 2005. And MySpace? How about the millions of members there? How did they do when News Corp. bought the company for almost $600 million? After all, it was the members that Rupert Murdoch was after when he purchased the site.

As a founder, you deal with all the bugs, the incomplete suite of functionality, and the burden of promoting a product that has not yet been released, but with AGLOCO you will also achieve a much greater share of the rewards. And we’re counting on you to make the constructive comments you’re making so that the management team can improve the company and give Members what they want once the product has launched. Those who continue to make the effort will find themselves rewarded when AGLOCO becomes successful.

Need more inspiration? Go read the story of “The Little Red Hen”.

Brian Greenwald
AGLOCO Development Team

 
Agloco for all members
21st January 2007
From Official Agloco Blog
http://aglocoblog.blogspot.com
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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

 
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