Dealspotr Review – What is Dealspotr all about? Is Dealspotr Legitimate or Scam? Can you make money with Dealspotr? Read this detailed Dealspotr review now!
Product: Social Discount Sharing Site
Price: Free to Join.
Owner: Michael Quoc (Lead Designer and CEO)
Suitable for: People who like discounts and love to share latest deals available.
Overview: Dealspotr is a unique social platform where members “crowdsourced” deals. You can even earn points by sharing deals to exchange for gift cards.
Dealspotr is the only deal site cum social platform to give you your own personal feed of deals. At Dealspotr, you are sure that the discount codes are verified and tested by members.
Hi there, Edmund here.
I was introduced to Dealspotr by a very nice lady named Summer from the Dealspotr Team.
“I thought you might be interested in checking out our site, Dealspotr. Our payouts are far higher than other rewards sites, one blogger recently said Dealspotr is “faster at racking up the Amazon gift cards than even my beloved InboxDollar.”
But more than that, Dealspotr is a carefully-built community of 30,000 deal fanatics who earn rewards for helping to contribute to the world’s most accurate and complete database of deals. Think of us as the “Wikipedia of deals” with an important difference, you earn rewards for contributing.” – Summer
At first, I was skeptical how Dealspotr can actually let you earn rewards for contributing as I wasn’t quite sure how Dealspotr actually works.
I decided to give it a try since it is free.
In this Dealspotr review, I will share my honest thought about this social sharing discount site after exploring it for a few days.
Alright, let’s get started. 🙂
Dealspotr Review – What is Dealspotr all about?
Dealspotr has branded themselves as “Wikipedia of deals” where members “crowdsourced” deals and share them at Dealspotr.
This means that members can add, edit, and police all the deals on Dealspotr to ensure the deals are accurate and complete.
On the other hand, it is also easy to earn gift cards using Dealspotr, you could even earn your first $10 gift card on your first day using Dealspotr.
The main objective of Dealspotr is that you’re helping shoppers save money (and saving money yourself) while you’re earning.
And to get started, you have to join Dealspotr and registering as a free member is extremely easy.
You can register with your Facebook account or by your email address.
However, you have to choose an username and create a password if you select the latter.
Tips: Enter this promo code “EDTAY78” and you’ll get 5000 points (= $5 value) right away after you join!
Click on the image above to join now!
Dealspotr Review – Select your interests.
Once you are signed into the member’s area for the first time, you are asked to select your area of interest.
For example, these are the interests I have selected when I first logged in.
The interests are categorized as follow:
- Electronics & Tech
- Restaurants & Eating Out
- Grocery & Drugstore
- Beauty & Cosmetics
- Gifts & Gift Ideas
- Fitness & Sports
- Food & Cooking
- Babies & Kids
- Health & Wellness
Once you have completed the selection, based on your interests, the discounts and deals related to your interests will be in your live feed.
Voila! Simple as that!
Therefore, it works like your Facebook news feed, you can subscribe to specific brands, topics, and people. In this way, you curate a daily feed of deals personalized for you.
“Is that all?”, you asked.
Nope, there is more at dealspotr, you can even earn cash/ redeem gift cards at dealspotr.
Let’s explore further.
Dealspotr Review – How to earn cash/redeem gifts?
There is a range of activities at Dealspotr where you can perform to earn points. The main motivation is to help shoppers save money.
The various activities are:
- Posting deals that help shoppers save money.
- Validating deals that are posted by others.
- Spotting deals that are going to be hot.
- Completing your daily checklist.
- Referring new members.
You can exchange your points for gift cards every time you reach a 10,000 point threshold.
However, please note that when you redeem a gift card, Dealspotr’s moderators will review your recent point earning activity, and provided that you’ve been following their guidelines, your gift card will be sent out to you via email within 1 to 3 days.
Dealspotr Review – Influencer Account
If you are a blogger or a social influencer who might love Dealspotr, you are able to sign up as an Influencer right away with the access to Influencer tools.
To qualify as an Influencer, you must own and operate a website and social channels which meet Dealspotr’s minimum criteria for traffic and engagement.
Once you become an influencer, you have to perform tasks to clear 3 levels. When you completes each level, you’ll earn points.
#1 Bronze – 5000 points
- Inclusion in the Influencer directory
- $5 access code for your readers
- 5,000 point bonus
- Register with Dealspotr and confirm your email
#2 Silver – 5000 points
- “Verified Influencer” badge on your profile
- Affiliate upgrade: Earn 20% commission rate + $2 up-front
- Complete your new user checklist (orange icon in header)
- Enter your blog URL in your settings
- Place a Dealspotr button on your site (must be visible from homepage)
- Once it’s posted, validate your site
#3 Gold – 25000 points
- Double (2x) lifetime points multiplier on Dealspotr
- Redeem your points for cash via PayPal
- 25,000 point bonus
- Complete your profile by posting your first 5 deals on Dealspotr
- Introduce Dealspotr to your readers through an informative article (detailed instructions)
- Submit your article for review
Which means, after attaining Gold status, you have effectively earned 35000 points (= $35 value).
Enter this promo code “UTMto7mw” and sign up as an influencer here.
If you already have an existing Dealspotr account, using the same promo code, you can upgrade to be an influencer here.
Dealspotr Review – My Personal Takes
After I explored Dealspotr for a few days, I have several thoughts as follow:
#1 Refreshing ideas.
There are just so many social platforms out there in the Online World. It is already a fatigue for many of us to maintain so many social accounts. FaceBook, Google+, Linkedin and Twitter to name a few common ones.
I asked myself, why would one want to sign up another social account at DealSpotr?
Well, I guess it is the pull factor of able to make some cash while sharing deals with others.
Thus, I think Dealspotr is a refreshing and clever idea conceived by its owners.
#2 Where does the money they gave you come from?
I have been reviewing Online products for the past years and I am always keen to know how does a company generates a revenue to sustain its business.
Since joining Dealspotr is free and there are no Premium Memberships which requires you to pay a monthly free.
Where does Dealspotr’s revenue come from?
Furthermore, Dealspotr’s web page did not mention it’s income source and thus I was really curious.
Without hesitation, I send an email to Summer from Dealspotr Team and this was her reply.
“We have revenue sharing agreements with thousands of retailers, so we earn revenues from shoppers purchasing through our app and website.” – Summer
This means that Dealspotr has special affiliate agreements with the retailers where they will earn a percentage commission when someone purchases through DealSpotr’s app or website.
Dealspotr can do this because the retailers trusted DealSpotr and its potential to rake in sales for them.
#3 Completing Checklist every day.
Every day, you have to complete a checklist to earn points.
Personally, I feel that the checklist is quite a mundane task to complete every day to earn just 200 points ( = $0.20 values ).
Because you have to take times to research around for deals that meet certain requirements and then post them at Dealspotr, 200 points seemed too little to me.
Furthermore, you have to beware of posting duplicate deals too. Because if you add the same deal another user has already added to Dealspotr, your deal will be rejected and your Accuracy Score will go down.
“Your ability to post deals is determined by your Accuracy Score. As the community and moderators review your deals and validations, your Accuracy Score can go up or down based on the accuracy of the information you provide.”
Remember, read the posting guidelines carefully.
Perhaps the daily checklist reward points could be more attractive in the 500-1000 points (= $0.50 to $1.00 values) range depending on the difficulties of the tasks.
Dealspotr Review – Make Money Online Alternative
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Dealspotr Review – Final Verdict
Owner: Michael Quoc (Lead Designer and CEO)
I rated Dealspotr 4.0 stars because it is a genuine site that payout cash/gift cards to its members to share deals with others at DealSpotr.
Dealspotr is a unique and refreshing idea where all valid and verified deals/discounts can be found at one place.
Dealspotr’s website is overall very user-friendly. However, the checklist to complete every day to earn just 200 points (= $0.20 values) could be a mundane task for many.
Nevertheless, I still do believe it is worth to give DealSpotr a try.
Wishing you the best!
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