£5 Costa card for £1

Wem101 · 28-02-10, 12:01 PM

Hey

£5 Costa Coffee card for £1, its been on HotUkDeals and MSE

Good deal as it's nearing its peak amount of people for the deal to be valid

Check it out:
50% discount on Restaurants, fitness, sport, events and much more- mycitydeal.co.uk (Not Mine)

Wem101 · 10-03-10, 07:02 AM

Offer Today: £1 for up to £12 Cineworld ticket!

cono1717 · 10-03-10, 01:11 PM

I got one of those cineworld tickets, hope enough of the other people do as well :P

VeryGeek · 10-03-10, 01:30 PM

I've just signed up! Nice one!

williamblah · 10-03-10, 03:48 PM

I cannot understand where they make their money. So far, I have spent £1 on a Costa card, and recommended 3 people to it, netting £21 in my account. The 3 people whom I recommended also only spent £1 for a £5 Costa card.

Even if these Costa cards only cost mycitydeal 50p each, they are up £2 and down £21. I mean I understand I cannot withdraw the £21, it can only be spent on stuff, but even with a markup of 100%, the £21 worth of products will cost them £10.50.

So the are down £8.50 on my transactions so far. Can anyone enlighten me as to how this business model could possibly be succesful?

iFreeZone · 10-03-10, 03:52 PM

I'm guessing they get money from costa etc. and then (like freebiejeebies etc.) give some of it back to those who refer others... Loads of people wont refer and so they make a bit of a profit (or quite a bit of profit, depending on the number of people doing the deal and number of people not referring others...)

VeryGeek · 10-03-10, 03:59 PM

I'd second that. Must be some sort of affiliate deal going on.

Wem101 · 10-03-10, 04:09 PM

Yeah most likely,
Decent deal though

iFreeZone · 10-03-10, 04:09 PM

yep! They get loads of sales and loads of them people will carry on with the company so +ve for us, mycitydeal and the company (reminds me of FJ and KN...!)

Wem101 · 10-03-10, 04:10 PM

I love it

Ive had the costa, and the cineworld so far, with £28 referral credit

williamblah · 10-03-10, 04:11 PM

But their only advertising is via recommendations. For example for this deal they would need to have 12 people sign up directly for every one signing up via an affiliate link. There are something like 12,000 people signed up... The figures don't add up in my head!

And there is no way Cineworld is going to be paying mycitydeal to sell the vouchers, which is the only way I can think that they would make profit - they even tell people not to contact Cineworld over the offer, as it is a mycitydeal offer and not a cineworld one..

Wem101 · 10-03-10, 04:17 PM

Because this referral credit is to be spent on their deals only, not paypal credit or anything,
They started with £7 per referral, its now £6 - I'll say that they are reducing and reducing

iFreeZone · 10-03-10, 04:21 PM

wait a minute... I did't get the costa thingy! Is it supposed to come through post or email?

Wem101 · 10-03-10, 04:22 PM

Quote:

Originally Posted by iFreeZone

wait a minute... I did't get the costa thingy! Is it supposed to come through post or email?

Post, I havent either but they have said there is a backlog

samanthap · 30-03-10, 11:47 AM

A friend of mine worked for mycitydeals for a week and this is what we told me.
They are a german company that are spending 6 million across 4 countries developing the model copied from "groupon" in north america. there whole strategy is to be bought from groupon within a year.
The costa coffee deal cosy MCD a fortune as they published the deal without even having a deal in place with costa coffee...when it did so well they had to send all there staff out into london to buy all the costa vouchers they could find. Haha
Apprently they could only buy £650 worth. Then then had to send £10 to every user they couldnt give a voucher too!!! what a bunch of muppets!

28-02-10, 12:01 PM	#1
Wem101 iPod 20gb Join Date: Mar 2008 Location: South East Posts: 438	£5 Costa card for £1 Hey £5 Costa Coffee card for £1, its been on HotUkDeals and MSE Good deal as it's nearing its peak amount of people for the deal to be valid Check it out: 50% discount on Restaurants, fitness, sport, events and much more- mycitydeal.co.uk (Not Mine) Last edited by Emma; 28-02-10 at 12:11 PM..

10-03-10, 01:11 PM	#3
cono1717 iPod 30gb Join Date: Aug 2009 Location: Widnes Posts: 1,024	I got one of those cineworld tickets, hope enough of the other people do as well :P __________________ Totally Free iPad \| McFlurry Ice Cream Van Everything I say reflects my own opinions and not that of any company.

10-03-10, 03:52 PM	#6
iFreeZone Mini Mac Join Date: May 2009 Posts: 7,364	I'm guessing they get money from costa etc. and then (like freebiejeebies etc.) give some of it back to those who refer others... Loads of people wont refer and so they make a bit of a profit (or quite a bit of profit, depending on the number of people doing the deal and number of people not referring others...) __________________ Free iPod

10-03-10, 04:09 PM	#9
iFreeZone Mini Mac Join Date: May 2009 Posts: 7,364	yep! They get loads of sales and loads of them people will carry on with the company so +ve for us, mycitydeal and the company (reminds me of FJ and KN...!) __________________ Free iPod

10-03-10, 04:21 PM	#13
iFreeZone Mini Mac Join Date: May 2009 Posts: 7,364	wait a minute... I did't get the costa thingy! Is it supposed to come through post or email? __________________ Free iPod

10-03-10, 07:02 AM	#2
Wem101 iPod 20gb Join Date: Mar 2008 Location: South East Posts: 438	Offer Today: £1 for up to £12 Cineworld ticket!

10-03-10, 01:30 PM	#4
VeryGeek iPod Nano 2GB Join Date: Mar 2010 Posts: 168	I've just signed up! Nice one!

10-03-10, 03:48 PM	#5
williamblah iPod 60gb Join Date: Sep 2009 Location: Colchester, Essex Posts: 1,635	I cannot understand where they make their money. So far, I have spent £1 on a Costa card, and recommended 3 people to it, netting £21 in my account. The 3 people whom I recommended also only spent £1 for a £5 Costa card. Even if these Costa cards only cost mycitydeal 50p each, they are up £2 and down £21. I mean I understand I cannot withdraw the £21, it can only be spent on stuff, but even with a markup of 100%, the £21 worth of products will cost them £10.50. So the are down £8.50 on my transactions so far. Can anyone enlighten me as to how this business model could possibly be succesful?

10-03-10, 03:59 PM	#7
VeryGeek iPod Nano 2GB Join Date: Mar 2010 Posts: 168	I'd second that. Must be some sort of affiliate deal going on.

10-03-10, 04:10 PM	#10
Wem101 iPod 20gb Join Date: Mar 2008 Location: South East Posts: 438	I love it Ive had the costa, and the cineworld so far, with £28 referral credit

10-03-10, 04:11 PM	#11
williamblah iPod 60gb Join Date: Sep 2009 Location: Colchester, Essex Posts: 1,635	But their only advertising is via recommendations. For example for this deal they would need to have 12 people sign up directly for every one signing up via an affiliate link. There are something like 12,000 people signed up... The figures don't add up in my head! And there is no way Cineworld is going to be paying mycitydeal to sell the vouchers, which is the only way I can think that they would make profit - they even tell people not to contact Cineworld over the offer, as it is a mycitydeal offer and not a cineworld one..

10-03-10, 04:17 PM	#12
Wem101 iPod 20gb Join Date: Mar 2008 Location: South East Posts: 438	Because this referral credit is to be spent on their deals only, not paypal credit or anything, They started with £7 per referral, its now £6 - I'll say that they are reducing and reducing

30-03-10, 11:47 AM	#15
samanthap iPod Shuffle Join Date: Mar 2010 Posts: 2	Bunch of muppets! A friend of mine worked for mycitydeals for a week and this is what we told me. They are a german company that are spending 6 million across 4 countries developing the model copied from "groupon" in north america. there whole strategy is to be bought from groupon within a year. The costa coffee deal cosy MCD a fortune as they published the deal without even having a deal in place with costa coffee...when it did so well they had to send all there staff out into london to buy all the costa vouchers they could find. Haha Apprently they could only buy £650 worth. Then then had to send £10 to every user they couldnt give a voucher too!!! what a bunch of muppets!

£5 Costa card for £1

£5 Costa card for £1

Bunch of muppets!