Tuesday, December 1, 2009

50 percent of the commission generated from eachsale

Tibesti Creates Lucrative Social Networking Site That Helps Users Earn MoneyFrom Their Favorite ProductsNew Site Connects People through Passions and Special Interests; Shares Up to50 Percent of the Proceeds from Product SalesLOS ANGELES, July 14 /PRNewswire/ -- Tibesti (www.tibesti.com) has launched aunique social network that provides users an opportunity to connect throughspecial interests and passions while sharing, showcasing and selling theirfavorite products to like-minded individuals. The new site, launched today,enables users to feature and recommend their favorite products on theirprofile pages and earn up to 50 percent of the commission generated from eachsale.*Reaching a diverse audience with unlimited passions, ranging from cooking tosurfing, Tibesti is a complete resource for consumers seeking productrecommendations, reviews and advice for their leisure and professionalpursuits. According to a recent retail survey by JupiterResearch, shopperswho research their purchases online look to content sources that help inspire,discover and confirm their choices, including user ratings and reviews, andrecommendations based on other consumers' purchasing or browsing behavior.(1)"Whether a dog lover, sports fanatic or an interior design enthusiast, Tibestimakes it easy for users to exchange ideas and recommend top products to otherswith similar interests," said Mike Hale, chairman, CEO and co-founder ofTibesti. "We offer consumers the ability to earn money by sharing informationand experiences about products reflective of their lifestyle."In addition to the revenue-earning model, Tibesti helps consumers makeinformed purchasing decisions, offering reviews from both consumers and 5000unbiased reviews from 120+ category experts. Key features of the site include:Tibesti Profiles - Customized pages that allow users to showcase their specialinterests, favorite products, wish lists, groups and personal stores. Tibestiis free for members who showcase and recommend up to 100 products. Thereafter,subscription pricing includes: -- 101-250 products: Bronze, $2.95/month -- 251-500 products: Silver, $4.95/month -- 501-1000 products: Gold, $9.95/month*Registered users receive 25 percent of the commission from the items sold ontheir Tibesti pages, plus 25 percent of the commission on any productspurchased anywhere on the site. Therefore, registered users have theopportunity to add and purchase products found on their own pages, in aneffort to receive a two-fold commission: 25 percent for selling and 25 percentfor buying, totaling 50 percent in commission.Tibesti Stores - Category specific online storefronts featured on member pagesthat recommend and sell products for particular activities and enthusiasts.(e.g., baby products, pet accessories, photography equipment).Unbiased Expert Reviews - More than 5,000 product reviews from more than 120nationally renowned experts. The site has attracted top experts in theirrespective fields including: Family therapist, Dr. Jenn Berman (The A to ZGuide to Raising Happy Confident Kids); celebrity hair stylist, Dean Banowetz(American Idol(R)), horticulturist Charlie Nardozzi (National GardeningAssociation), Chef Scott Leibfried (Hell's Kitchen), video game journalist andexpert, John Gaudiosi, and many more.World's Most Expensive - A product portal that celebrates the most expensiveproducts in the world and features more than 150 items, including a $30Mbikini, $1.3M jeans and a $9.8M chess set.Added Hale, "Due to the popularity of social networks coupled with the desireto constantly share thoughts and opinions, Tibesti will be very appealing totoday's enthusiastic shoppers who often recommend products to friends anyway."About TibestiHeadquartered in Los Angeles, Calif. and co-founded by Mike Hale and AditReddy, Tibesti is a social network that connects people through specialinterests and passions and provides the opportunity to share, showcase andsell their favorite products that reflect their lifestyle. Tibesti alsoprovides third-party reviews from 120+ top experts in categories includingautomotive, baby, electronics, fashion and gardening and celebrates the mostexpensive and outrageous products in the world on its product portal, World'sMost Expensive. For additional information on Tibesti, please visitwww.Tibesti.com.Tibesti has experienced healthy traffic since its beta launch in February, andcurrently has access to more than 20 million products. The site employs athree-pronged business model that includes subscriptions, online advertisingand commissions from third-party vendors, including Apple, AT&T, Avon,BestBuy, Champion Sports, Cheap Tickets, CompUSA.com, Drugstore.com, eBay,Flowers.com, Foot Locker, GAP, HomeDepot, Kodak, Lane Bryant, Lucky BrandJeans, Metro PCS, Nautica, Netflix, New Balance, NorthFace, Overstock.com,PetSmart, Steve Madden, Swarovski, Walmart, Wine.com, Zales and more.

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