Jump to content

RewardsCentral

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by 189.203.104.100 (talk) at 18:15, 29 July 2020. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

RewardsCentral
Company typePrivate company
Industryonline marketing
FoundedAustralia (June 1999)
HeadquartersLevel 10, 201 Pacific Highway, St Leonards, Sydney, New South Wales, Australia
Key people
Bob Cheng (founder and managing director)
Revenuerevenue A$5.2 million (2005)[1]
Websitewww.rewardscentral.com.au

RewardsCentral (formerly EmailCash Marketing, formerly TEMPNAME[2]) is an Australian website run by PermissionCorp,[3] with branches for residents of Australia, Taiwan,[4] New Zealand (SmileCity)[5] and United Kingdom (Rewards Central). The company was founded by Bob Cheng in Sydney, Australia in 1999[6] during the Dot-com bubble and is a web-based marketing company. EmailCash was ranked 40th in the Business Review Weekly's Fast 100 index for 2004.[7]

Operation

The company is based on a reward program,[8][9] offering members "reward points" that can be exchanged for cash or goods.[10] The company rewards members with 'reward points' when they perform certain tasks. These include participation in market research surveys, completion of promotional offers, a daily 'Quick Survey' and visiting specified websites.

Survey Rewards

At the beginning of 2012, the Australian website claimed 200,000,000 points ($2 million) and $40,000 in competition prizes were paid out to members annually for completed surveys.[citation needed] While unable to confirm the number of points awarded to members each year, it was observed and reported in Rewards Central own website that less than $40,000 was paid out annually in the past two years.[citation needed] In 2011, the quarterly $10,000 competition was only drawn twice, once in March and once in October.[citation needed] A third draw was originally scheduled in June 2011, delayed to July 2011 and eventually cancelled with no explanation to members other than the competition being termed "over" and entries for the competition carrying over to the October draw. Competition winners as shown on Rewards Central Website[11] show only three winners of the $10,000 competition in 2010. In 2012 the first $10,000 draw occurred in January with the next draw not scheduled until July.

At the end of May 2012 with no fanfare or explanation to its members Rewards Central altered the cash paid out for the competition to $20,000 a year, halving the benefit for screened out surveys for its members.[citation needed] In an effort to make this alteration appear the equivalent of other survey sites the alteration also changed the expected pay-outs on competitors sites which have not occurred. This alteration still has not explained the underpayment of benefits to members of previous years.[12]

Notes

  1. ^ Julia May (2005). "Playing with the big boys". ABIX. Archived from the original on 26 October 2012.
  2. ^ https://connectonline.asic.gov.au/RegistrySearch/faces/landing/panelSearch.jspx?searchText=119988519&searchType=OrgAndBusNm&_adf.ctrl-state=151d4r77u5_32
  3. ^ www.permissioncorp.com "PermissionCorp". {{cite web}}: Check |url= value (help)
  4. ^ Julia May (2006). "Acts of imagination". ABIX. Archived from the original on 26 October 2012.
  5. ^ Reuben Schwarz (2006). "SmileCity has the numbers". Press Display. Archived from www.pressdisplay.com the original on 9 May 2013. {{cite web}}: Check |url= value (help)
  6. ^ www.nanyang.com.au "Company background". {{cite web}}: Check |url= value (help)
  7. ^ The National Business Review (2005). "Smile, this isn't spam". NBR. Archived from www.nbr.co.nz the original on 11 March 2007. {{cite web}}: |author= has generic name (help); Check |url= value (help)
  8. ^ Sunday Telegraph (Australia) (2006). Sunday Telegraph website "Rewards are the real deal". {{cite web}}: Check |url= value (help)
  9. ^ www.newstext.com.au "Where The Visitors Are Going". Herald Sun. 2004. {{cite web}}: Check |url= value (help)
  10. ^ Nicole Manktelow (2004). "Net profits". Melbourne: The Age. Archived from www.theage.com.au the original on 15 January 2007. {{cite news}}: Check |url= value (help)
  11. ^ Rewards Central Website (2012). "$10,000 Cash Competition".
  12. ^ Rewards Central Website (2012). "Compare Rewards Central".