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March Amazon Update

By: Robert Grosshandler | April 03, 2020

Here is our monthly reporting on Amazon. In March our Amazon revenue grew over 300% from March, 2019. This growth rate is slower than in the prior month. In part that’s because March of last year was already a pretty good month. And of course, the Covid-19 pandemic began to show up in our numbers. … Continue reading March Amazon Update

How businesses can help

By: Robert Grosshandler | April 03, 2020

The other day we asked our shareholders how iConsumer and other businesses might be able to help during these very challenging times. The only real guidance was that simply giving money away wasn’t one of the choices. Our sister site published the results earlier this week at Check out some of the great … Continue reading How businesses can help

The Power (and math) of Referrals

By: Robert Grosshandler | April 01, 2020

The most effective marketing comes from people telling people about something. That’s doubly true for iConsumer. That’s why we pay you $10 and a bunch of stock when you help grow the company you own. Each iConsumer shopper is worth around $200 (maybe more) when it comes time to sell iConsumer to some bigger company … Continue reading The Power (and math) of Referrals

How Can We Help?

By: Robert Grosshandler | March 19, 2020

These are challenging times. While iConsumer doesn’t have the ability to help in our communities by donating money, we do have a wealth of technical resources we’d be happy to share. As we thought about that, we realized that maybe our shareholders had some ideas that we should consider. We’d love to hear what those … Continue reading How Can We Help?

Letter to the SEC

By: Robert Grosshandler | March 19, 2020

This is a first for us. The SEC regularly asks for comments on proposed rules and regulations. The OTC Markets, as well as our SEC counsel, recommended that we respond to this request. The SEC is looking to revise the rules that govern how easy it is for iConsumer shareholders to get their stock into … Continue reading Letter to the SEC

February Amazon Update

By: Robert Grosshandler | March 09, 2020

Here is our monthly reporting on Amazon. In February our Amazon revenue grew over 1300% from February, 2019. This February had one more day in it, but that’s not the reason for the increase. (Please read our September post for more details on why we like Amazon.) To make our lawyers happy, I’m sharing that our Amazon … Continue reading February Amazon Update

Coronavirus preparations and iConsumer

By: Robert Grosshandler | February 26, 2020

Since so many of our members are here to learn about the trials and tribulations of being involved in a publicly-traded startup, I thought I’d share our thoughts on how the potential pandemic might affect iConsumer’s fortunes. First, most of our members are located in the United States, so only if and when Covid-19 starts … Continue reading Coronavirus preparations and iConsumer

Medallion Guarantee

By: Robert Grosshandler | February 20, 2020

File this bit of knowledge under “you don’t care, until you need to care” OR “really?” As I’ve mentioned before, my exposure to public companies before iConsumer was as an investor or seller, not as a manager. I’ve learned an amazing amount about running a public company. More to come, I’m sure. One of the … Continue reading Medallion Guarantee

Webinar: Shareholder Questions

By: Robert Grosshandler | February 18, 2020

We received some great questions from Matt Clerc ahead of our February 19, 2020 Shareholder Webinar. They’re better addressed in writing. While I agree that transferring shares is a hurdle, I don’t agree that it’s a reason to move towards competitors. The basic thrust of iConsumer is to make people investors in a start up. … Continue reading Webinar: Shareholder Questions

Stacking, Cash Back, In-Store Purchases, and Fluz

By: Robert Grosshandler | February 13, 2020

Stacking is when you use multiple rewards programs all at once to make a purchase. For instance, you may use your rewards credit card (e.g. United’s Mileage Plus credit card) AND you use iConsumer to shop at Macy’s. You’ll get miles AND iConsumer stock. With the addition of Fluz, you add a cash back layer … Continue reading Stacking, Cash Back, In-Store Purchases, and Fluz