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Showing posts with label Shopping Booster. Show all posts
Showing posts with label Shopping Booster. Show all posts

Tuesday, February 12, 2008

Shopping Boosters Delays

Pending Boosters

I was browsing through a few forum posts today and came upon a topic that seemed like a good topic to highlight today. Lately, there has been a delay in receiving money from shopping boosters. The delay has been lasting longer then a month, for some boosters it has been taking more then 2 months to receive. By all means this is not something I expected when using the shopping boosters on Moola. But the delays are justified.

Moola was paying people before they were paid by the shops just so that members did not have to wait to long, but they no longer do so. As Grant explained in a post on the forums

[Moola was] paying people in advance before and that just burned [them]. There were too many people making large purchases, getting the cashback from us, and then taking the items back or using a fraudulent credit card and not paying the store.

So now because there were so many people abusing Moola's efforts to pay people faster, users have to wait till after Moola gets paid. Most shops will not pay their referrer until after their return period (usually 30 days, but it varies depending on the shop).

So if you think about it. The 30 day wait will be the least you would have to wait to receive your boosters. Then depending on when the shops pay their referrers you may have to wait an additional 30-60 days (since some shops may only pay at the end of the month or end of the quarter).

My suggestion to you is to just be patient. I have done quite a few boosters, and I have received the money I was promised. It is a discount/free money anyways and if anything you can treat it as a rebate (which usually takes a long time to receive too). I know it may be difficult to see the little box saying that you have boosters pending every time you login, but you should do what I do... Ignore it. Then when you finally do get paid, the payment will be a nice surprise and maybe it could even make your day or give you the option to cash out right away.

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Wednesday, November 28, 2007

Guide: Shopping Boosters

With the Christmas just around the corner, it is a great time for me to explain how Shopping Boosters work.

It is actually a very simple concept. When you use Moola.com's link to visit a retailers site, the retailer will credit Moola for referring you to them. Moola will then get a referral bonus for your purchase or for you completing an offer. Depending on the booster that you decide to do, Moola.com will be paid either a percentage of your purchase or a flat fee. In return for you using Moola's link, Moola will take a part of their referral bonus and pass it on to you as a booster.

Feel free to read more as I cover the benefits of using shopping boosters as well as a few commonly asked questions.

To tell you the truth, I currently do not see any downfalls to using the shopping boosters. In my opinion, the following are the benefits of using a Moola.com Shopping Booster:

  1. You get a discount off a purchase you were planning on making anyways.

  2. If the retailer has a promotion, you can stack this booster on top of that promotion

  3. Instead of getting a flat amount of money back, you can actually take your booster and grow it via Moola.com

  4. The booster will BOOST you up the tower so that you can make money faster.
  5. You help Moola.com make money so that they can make their site even better
I personally did two shopping boosters (so far) one was a PriceLine booster ($11.20 back) and the other was a Newegg booster ($4.34 back). It may not seem like a lot of money, but it adds up.

My Newegg purchase was a really great deal, I got 20% back via Paypal (Cyber Monday Deal) plus the $4.34 back from Moola (which is now pending). This means that I would get my camera for about $254 when it is usually about $309 retail. A savings of about $55... sadly though, this is $55 which I won't be keeping in my wallet since I still have a lot of Christmas shopping left.

There a few common questions that I see around the forums, so I will do my best to answer some of them.

When will my booster show up on my "Pending" boosters list?
It depends on the merchant. Boosters will go pending as soon as Moola.com gets notified of your purchase. Some merchants only notify Moola on a weekly basis, while other will notify Moola within 24 hours.

I made my purchase, why haven't I received my Booster?
It will take at least a 3 weeks for you to get credited with a booster, sometimes longer.

Why don't I receive the Boosters right after I make the purchase?
Moola.com does not give you your boosters right away because most retailers have a return policy and it would not make good business sense to give away money before the money is safely in the merchants pockets. Besides, Moola.com probably has to wait until they get paid for the referral before they can give their members the boosters.

Is each booster offer only allowed to be completed once?
It depends on the booster. If it is a cash back booster (where you get a percentage back from your purchase) then you can use the booster multiple times. If it is a referral bonus (set booster amount) then you can only use it once. I suggest asking the question in the forums if you are not sure.

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