User talk:Stuartcoggins
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An article that you have been involved in editing, Quidco, has been listed for deletion. If you are interested in the deletion discussion, please participate by adding your comments at Wikipedia:Articles for deletion/Quidco. Thank you.
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Proposed Quidco article
Type of site | Cashback website |
|---|---|
| URL | www.quidco.com |
| Registration | Required |
Quidco is a cashback website based in the UK, with offices in Sheffield and London. As of August 2010, Quidco had over 900,000 members and worked with over 2,300 retailers[1] [2]. Quidco passes on to its members 100% of the cashback from retailers, apart from the first £5 which is retained each year [3].
History
Paul and Jennifer Nikkel co-founded Quidco whilst studying at the University of Sheffield in 2005 as a way of saving students money as they shopped online. The website launched in Sheffield in May 2005 with the London office opening in 2007.
How Quidco cashback works
Retailers have a certain marketing budget that they are prepared to spend to attract a sale; Quidco cashback is essentially the retailer paying that budget as cashback to the customer. John Stevens in the Observer explains:
The idea of cashback sites is relatively simple. You register with one of the many sites out there and when you buy online you visit the same retailers as usual, but via a link on your chosen cashback site. When you make a purchase, the retailer pays a commission to your cashback site, who in turn gives you a cut of the money. [4]
Quidco uses affiliate networks in order to track transactions with retailers and to allot the cashback to the correct Quidco member. Logged-in Quidco members get cashback on their purchases when they click from Quidco to a retailer's site and carry out a transaction. The amount of cashback available can either be a fixed sum or a percentage of the order value.
Vouchers
Quidco launched voucher codes, offers and printable vouchers for restaurants and other retailers as an additional service in July 2010 [5]. This means that deals from retailers such as Amazon and John Lewis that do not work with cashback websites can now be listed on Quidco.
Payments
Quidco members can receive cashback either through a BACS transfer into their bank account or via PayPal. Quidco issues payments twice a month; payments are sent on the first working days following the 1st and 15th day of the month [6]. The minimum payment amount is £1.01; if the amount of received cashback is less than this, the payment will roll over until the next payment date where the due amount is £1.01 or greater.
Payment times
The payment time for cashback can vary from retailer to retailer, depending on the speed at which they process and validate transactions and send on payments. The payment time for each retailer can be viewed on each retailer's page. For most retailers, the average payment speed is around two to three months; for transactions such as insurance policies, a validation period of around 4-6 months is typical. When the validation period has passed, payment is passed on to Quidco and paid to the member.
Stuartcoggins (talk) 15:14, 3 September 2010 (UTC)
Welcome!
Welcome to Wikipedia, Stuartcoggins! I am Arteyu and have been editing Wikipedia for quite some time. Thank you for your contributions. I just wanted to say hi and welcome you to Wikipedia! If you have any questions, feel free to leave me a message on my talk page or by typing {{helpme}} at the bottom of this page. I love to help new users, so don't be afraid to leave a message! I hope you like the place and decide to stay. Here are some pages that you might find helpful:
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Arteyu ? Blame it on me ! 18:49, 17 August 2010 (UTC)
- ^ http://www.quidco.com/about/
- ^ http://www.quidco.com/about
- ^ http://www.quidco.com/help/10
- ^ http://www.guardian.co.uk/money/2010/jan/17/cashback-sites-small-profit-retailers
- ^ http://www.quidco.com/static/uploads/a/downloads/press_releases/quidco-com-takes-on-voucher-code-sites-with-deals-that-help-shoppers-save-twice.pdf
- ^ http://www.quidco.com/help/179