Walmart vs. Amazon – More is more

By: Robert Grosshandler | May 11, 2022

… with the exception of one small item, Walmart was the same price, and for most things, the same shipping schedule. Indeed, the lawnmower arrived a day early.

What is your Why?

By: Robert Grosshandler | February 10, 2022

Sure, you can use a competitor to get cash back.  But that has no magic, no opportunity for an exponential return.  Even if you turn around and invest that cash back into Microsoft stock.  Microsoft’s stock price may go up (or down), but it’s unlikely to double, triple, or go up 400% in the near future.  Or even the far future.  It’s way too big for that to happen. The beauty of a start-up lies in the potential of exponentiality.

Amazon vs. Walmart

By: Robert Grosshandler | December 09, 2021

As you’ve probably noticed, Amazon is no longer paying us commissions when you shop there. We had been growing that revenue stream quite nicely, and my guess is that they decided they didn’t need us any longer. I’m very disappointed, but wasn’t surprised, since they aren’t doing business with folks like Rakuten anymore, either. It’ll … Continue reading Amazon vs. Walmart

CEO Letter – Opportunity Knocks

By: Robert Grosshandler | September 29, 2021

I’m pleased to convey that, provisionally, our September cash gross profit (revenue minus the cash cost of revenue) looks to be 13X last September’s number.

I want to tell my friends and family …

By: Robert Grosshandler | August 26, 2021

Good things are happening. Some of them are easy to see publicly (our new member count, for instance). Some will become apparent when we issue our semi-annual financials next month. Some you can interpolate from watching how many shares are being earned.

“No Comment” / Stock Price Change

By: Robert Grosshandler | March 11, 2021

This new offering becoming qualified set into motion changing the price at which we sell our stock (either because you earn it shopping, or buy our stock directly from us at iConsumer.com/invest).

New Offering Filed

By: Robert Grosshandler | February 09, 2021

Price raised to $.25/share On Feb. 8, 2021, we filed a new preliminary offering circular with the SEC. When qualified, it’ll change from being preliminary to being effective. It’ll reflect whatever questions or observations the SEC might have had with our submission. Most importantly, we will be able to continue offering our members the ground … Continue reading New Offering Filed

Double Stock Back Extended Again

By: Robert Grosshandler | December 31, 2020

Now through January 31, 2021 With the extension of the Federal Stimulus program, and the strength of our holiday season, we’ve decided to offer Double Stock Back for another month. We went into great detail as to our thinking on this in this post earlier this year. It’s our New Year thank you to all … Continue reading Double Stock Back Extended Again

Honey sells to Paypal for $4B

By: Robert Grosshandler | December 05, 2019

What’s sweeter than Honey? When you own the hive! Honey is a direct competitor to iConsumer – rewards and loyalty. They sold with a reported $100,000,000 in revenue, 17,000,000 members, and $50,000,000 of venture investment. The fat cat venture capitalists won again. Some of them apparently got a 300X return on their investment. Now don’t … Continue reading Honey sells to Paypal for $4B

How to make vacation memories last much, much longer

By: Robert Grosshandler | August 31, 2019

I get notified when a member makes an exceptional purchase. Today, one of our travel vendors let us know that a member completed what sounds like a really, really nice vacation. It cost over $12,000. After I got over my envy, I started to add up what that meant for her (guessing gender from the … Continue reading How to make vacation memories last much, much longer