Wednesday, October 31, 2007

Personafile is a Loyalty Program

Part 1

The World is Crazy for Gadgets or CEP(Consumer Electronics Product)

The global consumer electronics market is expected to balloon to $618.6bn (£301.5bn) - equivalent to the GDP of the Netherlands or $100 for each person on the planet - this year, according to new research. The growth of the market - forecast to be 12.5% this year - is being driven by sales of flat-screen TVs, laptop computers and mobile phones.

The GfK Group, the world's fifth largest market research firm, has taken sales data from more than 140,000 outlets worldwide to compile a picture of a booming global consumer electronics market. It predicts that the market will grow further, to $667.5bn, in 2008 with 63% of the market accounted for by flat screen TVs, laptops and mobile phones.

Early adopters

"Some years ago instead of speaking about flat screen TVs we would have been talking about widescreen cabinet TVs, a few years ago it would have been the desktop PC and not the laptop TV that was selling," said Antony Rode, business manager for digital convergence at GfK.

"Mobile phones have always been popular, but behind the three big categories there are many other products such as external hard drives, digital photo frames, Global Positioning System devices, games consoles, all fuelling the growth in the market."

There will, always be early adopters of new technology with the disposable income to splash out on a new iPod or to upgrade to a better TV. But increasingly, the global consumer electronics market is being driven by those in the early adopters' wake, people who can take advantage of the fact that as technology gets older its earlier iterations become cheaper to produce and cheaper to buy.

Also, the declining price of technology means that while the number of gadgets shipped is on the increase, the growth in total sales - in cash terms - is on the wane. The consumer electronics market grew 16.3% last year, is expected to grow 12.5% this year and forecast to grow 8.2% in 2008.

"We have price erosion in every category," said GfK's Mr Rode. "And when you see price cuts in every category, despite continued growth in volumes, the sum total of expenditure will decline."

The bold forecasts for the consumer electronics market also disguise some regional variations. While the total consumer electronics market is equivalent to $100 for every person on Earth the actual distribution of spending is far less even, with average annual per household spending standing at $1,264 in the US and $1,028 in western Europe this year. Chinese households will spend ten times less.


America is expected to remain the world's biggest consumer in the electronics market next year with China in second place and Japan in third. Growth among the three is dramatically different, with China's spending growing fastest as the sheer size of the population means many more people will be buying their first device next year. Japan, meanwhile, is expected to record its first decline in annual consumer electronics spending next year as arguably the world's oldest consumer electronics market shows all the hallmarks of a mature market.

What the Japanese consumer is buying is very different from what the Chinese consumer wants. The Chinese market is dominated by mobile phones as many consumers get their hands on their first handset, while the Japanese market is dominated by people upgrading to plasma and LCD TVs.

Nowhere is the general trend towards declining prices boosting sales more obvious than in the mobile or portable device market. GfK estimates that more than 1.6bn portable devices, from mobile phones to digital music players will be sold next year. Portable devices have become big sellers in developed markets as music has gone digital and Apple's iPod has revolutionised the market - more than 10m were sold in the last three months alone.

But it is mobile phones that make up the lion's share of the portable device market. An estimated 3 billion people have a mobile phone and more than a billion more phones are expected to be sold this year alone. Further growth is forecast for 2008, especially from markets such as China and India.

China has gone from an also-ran at the start of the decade to become the world's largest mobile phone market with over half a billion users. Growth in India - where Vodafone recently spent $11.1bn buying control of the country's fourth largest operator - is outstripping that in China. In parts of the developing world such as Africa, mobile phones have given millions of people their first access to communications because many regions lack even fixed lines.

Cheaper prices are not only boosting sales in the less developed world. In richer countries devices such as LCD TVs are within reach of much of the population. UK retailers are looking forward to another "technology Christmas".

Gizmos fly off the shelves

It seems a paradox. Consumers everywhere are feeling the pinch from higher interest rates, paying more to fill their car with petrol, finding it harder to winkle an above-inflation pay rise out of their bosses, yet computers, music systems, TVs, mobile phones and every other gizmo imaginable are walking out of the stores. But in truth it's not a paradox at all.

Why? Because all the factors listed above are being outweighed by the precipitous drop in the cost of consumer electronics, which are almost a quarter cheaper than they were at the start of 2005.

The inflation figures produced by the Office for National Statistics each month helpfully break down the overall cost of living into component parts, and these show that a piece of audio-visual equipment bought for £100 in 1987 would cost the consumer just £15 today. Over the same period, the cost of living has doubled.
A second reason for demand to keep rising is that the falls in prices stimulated by technological advance and globalisation show no sign of easing off. Audio-visual equipment prices are one sixth cheaper now than a year ago.

A third and final piece of good news for consumers is that at the same time prices have been falling, quality has been rising. Computers are faster, flat-screen TVs offer better picture quality, mobile phones are smaller and offer a wider range of services. Manufacturers try to prevent profit margins from being eroded by putting premium prices on the latest bit of kit in the hope that everyone will rush out and buy that latest must-have toy.

The evidence, though, is that most consumers are too canny (or cash-strapped) to do so, and are instead prepared to wait a few months for prices to fall. by Richard Wray

Part 2

Personafile Review

Agloco Updates:- Recently Agloco send an email to members mailbox (check in your junk mail too) offering Personafile Program. It is their part and efforts to build value for Members.

Details:- AGLOCO recently opened a marketing relationship with Personafile, Inc. to provide members direct access to Personafile’s online services.

AGLOCO relationship with Personafile is this:

1.You gain a valuable service that helps you manage the products you buy.•
The products you buy, along with the products your direct referrals buy, will generate cash-back rewards for you.

2.AGLOCO’s economic value will increase as you and your direct referrals actively use your Personafile to organize what you own, enhance what you use, and share what you think about the products you use every day.

Once you have a Personafile account you can invite others to join, so they too can share in the service benefits and get cash back for the products they buy. You can invite friends and family by using the Invite function within the Personafile service. You can also invite others by placing Personafile [i] links in your emails, blogs, and online spaces.

Personafile not only helps you manage the products you own, you can also gain cash rewards for the products you buy online. Open a Personafile account today, and then you can register for the [i] Gain Cash Rewards Program to start collecting cash rewards from the purchases you make at our growing base of online merchants. The more you use Personafile to organize, enhance, and share the products you own, the more cash you will gain from the purchases you make.

Welcome (Please Activate Your Account)

Next:- Your account has been Activated

Personafile has already organized the products you use every day. You now have direct access to the documentation, customer service links, and expert advice you need to enhance your current products and maintain your older products. In addition, your Personafile helps you find the best prices on new products, accessories, and replacement parts. As an added benefit, your Personafile collects a cash reward for you each time you make a purchase at a Personafile merchant.

Mentor Gemilang Review on Personafile:-

Personafile is a loyalty program. What is a loyalty program?

Loyalty programs have been used in commerce for many years, originating in Germany where price based competition was disallowed by governmental restrictions in certain industries. In the 1950s, S&H Green Stamps rewarded grocery store and gas station customers with stamps redeemable for appliances and other merchandise. The modern day loyalty program was launched in 1981 by American Airlines, and was quickly duplicated by other airlines and other hospitality industries including hotels, car rental companies, and credit card organizations.

In 2006, there are an estimated 1.319 billion loyalty program memberships in the US - with the average US household participating in 12 programs. Approximately 60.5% of those memberships were inactive, bringing the average household active participation to 4.7 programs. That is a lot to compete with. That makes understanding the fundamentals of loyalty marketing all the more important.

Retail loyalty programs evolved when progressive retailers recognized that without a "customer identification tool," they were unable to recognize individual customers and reward them for desired behavior. This was in obvious contrast to banking and telecommunications industries, among others, that have a customer database as part of their regular service offering.

Retail loyalty programs have many purposes, the greatest value that is created for retailers is the ability to identify individual customers and to measure and understand their individual behaviors.

Mentor Gemilang Recommendation on Personafile:-

If you are living in USA or CANADA, i will give full recommendation for you to join and gain the benefits but for members in Asia-Pasific countries, you need to pass this offer -please!. Why?

It's not that they will give you a cash back by paypal payment on purchases made by YOU and your referrals, but you need to remember an important point- product pricing shown excludes delivery cost or shipping cost thus making product purchase more expansive then buying it locally (some products comes with free shipping in USA and Canada)!

You don't join a program thinking of the money you will make but you must first think whether buyer (your referrals) on this part of the world will gain benefits by making product purchase from USA . Due to high shipping cost!

Agloco Members:-
If you are interested in getting more involved and helping to build the company we would like to know. We are sure some AGLOCO Members could make contributions to the Viewbar, the website, revenue improvements and other operations. Use the address if you are interested.

Other popular loyalty program in the web is:- Utango. Only if you're living in USA and Canada!

Part 3

AGLOCO is not a scam

They are NOT a spyware company, and it is not a scam. I assure you that I have done my research on this one, and they are a legitimate company that has come up with an innovative advertising method.

Not only that, but they’re combining their new advertising technology with a multi-tiered viral referral program, which allows you to potentially earn money from your entire downline 5 levels deep.

This is also NOT some MLM scheme. There is an MLM element to it, but all of the money you earn would come directly from the company and not from the people at the bottom of the pyramid. So there is really no way for anyone to lose from it.

AGLOCO comes from some of the same people who essentially invented the Paid-to-Surf concept with AllAdvantage. That company paid over $120 MILLION to its members in it's short existence. If you want proof, you can read about it in Wikipedia. This time around, they are building a sustainable business, and while I can not make any specific claims, I think it will be the biggest payout in the history of this industry.

OK, and not only is there a potential to make money from it, they are actually giving OWNERSHIP of the company to their members. That’s right, if you sign up and refer some other people, you will own a piece of the company.