Monday, March 28, 2011

Beezag Offers a Fresh Take on Cashback Shopping

Cashback shopping is an excellent way to save money on your online purchases. In my experience, however, most cashback shopping sites aren't all that interesting to navigate. Some consist of little more than pages and pages of store links for you to click on with little more than a store name and rebate percentage listed to get you interested. If you already know what you want to buy, that type of layout is very efficient and perhaps ideal. However, what if you know you want to get a good deal on something (perhaps you're shopping for gifts) but don't know exactly what to buy? Unless you want to click on a lot of different store links and go exploring, cashback shopping sites usually aren't geared towards attracting impulse buyers. Beezag, however, is a new cashback shopping site for Americans that's attempting to shake things up a little by combining video ads and rebates in an exciting new way.

On Beezag, you won't find any long lists of online stores or cashback offers. Instead, you'll find videos! These videos are typically professionally-produced commercials that you may have already seen on TV. For every video you watch, you receive points which can be redeemed for cash or donations to charity. For every video you watch, you'll also receive a cashback shopping offer -- to take advantage of it, follow the link at the end of the video, make a purchase, and then forward your order confirmation email to the email address provided. When your purchase is completed and verified, you'll receive a cashback credit as points in your Beezag account. The videos are targeted to you based in part on your answers to short poll questions so they should be advertising products and services of interest to you; I would say the targeting does a pretty good job as I get lots of videos related to electronics and have to struggle to prevent myself from shopping like mad.

You'll generally make between 50 ($0.05) and 250 ($0.25) points for every video you watch (recently some sweepstakes entry videos have also started appearing). You're not required to make a purchase, but when you do the typical cashback rebate rate seems to be 5% on orders up to $100 (in other words, the maximum rebate per order is usually 5,000 points or $5). You can cashout on Beezag once you reach 8,000 points ($8). If you're a regular online shopper, you could probably cashout on Beezag every month pretty easily -- if you're mainly a video watcher, though, you'll still be able to make decent money here. It's a good site for referrals as well since you receive a 10% commission on points they earn. On the downside, Beezag is currently a US only site. This isn't unusual since cashback shopping sites are often country-specific, but I'm sure the Beezag concept will be expanded to other countries before long by the same company or another business.

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