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Gizmoojo adgent is about to launch soon and it allows user to select products from Amazon.com (demo here) and add the adgent widget to their blog/site/myspace etc and earn the amazon associates comission (4-8%). And its not Flash-based. The favoritethingz badges somehow did not work real well with my firefox (latest release) with white blocks overlays on top of the badge content.
I don't think that's the mindset of the average MySpace user. The biggest audience for this thing are those teens (millions of them) who want cool stuff to add to their pages. They're already pimping brands for free, just to associate themselves with those cool items (bands, perfumes etc). I'm not sure that they'll go for the incentives, but they might - a few dollars might not seem like a lot to the highly-paid tech crowd, but to teens it counts as extra pocket money.
The key thing is that you don't just pimp brands to earn money, but also to show that you're a member of the in-crowd.
Also, it seems that launching with such a sparesly populated catalog of "things" is a mistake - the buzz they get today won't come again in a hurry, but I'd expect most visitors to the site leave without creating a badge.
I agree, but what I am saying is that the incentive that is provided won't even amount to a few dollars. The thing is most of the users who are pimping a product don't need a widget to do it. They already can and do as you stated. The problem for me is that the revenue model that favorite things is using (CPA) is not sustainable unless they are "owned" by a linkshare, value click, cj or other such ad provider. It is basically the same thing that YUB does except in the form of a widget.
So, given that most won't earn even pocket change, most can already pimp brands (to show you are in the in crowd), all that is left is an interface that spits out a very simple flash file. I don't see how that is a sustainable business model given that it isn't really solving a user need. More importantly, unless they have an agreement MySpace will shut it down as it potentially takes away ad dollars from MySpace - and while it can be plugged in anywhere,
w/o MySpace, there is not much reach. All of course imho.
The UI is intuitive and easy - however, why waste a page asking people if they're "sure" they want to continue building the widget? If they said they did, then they did.
Anyway, this isn't a far hop away from what everyone was ranting and raving about over at TechCrunch about a company called PayPerPost.com. Here you're getting paid to blog about products, there you're getting paid to blog about... products. Interesting, no?