RetailMeNot Makes $25000 an Hour

[conjamuk]

Big revenue gains for Austin online coupon company RetailMeNot | www.statesman.com

 

[Unarmed Gunman]

Their traffic converts like a mofo.

 

[conjamuk]

Their traffic converts like a mofo.

I have massive respect for RMN. They fucked all the other coupon sites in the ass and they get the leftovers. They dominated the coupon niche.

 

[$MoneyMike$]

I have massive respect for RMN. They fucked all the other coupon sites in the ass and they get the leftovers. They dominated the coupon niche.

Yep. One of the only sites, in my experience, to have almost 100% working coupons. Most coupon sites are shit. Just trying to drop that cookie.

 

[Roundhouse]

i remember when they started as bugmenot.com. used to get some sweet forum access and bangbus logins backin the day

 

[Charto911]

the whole company makes 25k an hour not just the one site. None the less very impressive considering you could say it's a giant affiliate site.

 

[mituozo]

the whole company makes 25k an hour not just the one site. None the less very impressive considering you could say it's a giant affiliate site.

Yeah not to mention it doesn't "make $25k per hour" it turns over $25k per hour.

Strong numbers though, $500k odd turnover per employee is impressive.

 

[JulianTrueFlynn]

Tried to look up the resource of Google being connected to RetailMeNot, but Wikipedia leads to JacobKing, that mothafucka

 

[r3p1v]

Tried to look up the resource of Google being connected to RetailMeNot, but Wikipedia leads to JacobKing, that mothafucka

RetailMeNot, Inc. | CrunchBase Profile

 

[harrymouni]

where you getting this $25k/hour figure? $209 million in 2013 divided by hours in a year (87,000) is $2,500k an hour

 

[intent]

where you getting this $25k/hour figure? $209 million in 2013 divided by hours in a year (87,000) is $2,500k an hour

 

[jriddick]

where you getting this $25k/hour figure? $209 million in 2013 divided by hours in a year (87,000) is $2,500k an hour

$209,000,000 / 8760 = $23,858

 

[harrymouni]

whoops, i'm an idiot.

 

[skohh]

coupon sites don't work, nothing to model here

 

[Hurr-Durr]

Great time for them to IPO and cash out while the stock market is still rewarding .com businesses with an infinite earnings multiple. Things look very rosy now but let's not forget that they rely ENTIRELY on the whims of search engine rankings...And history has shown time and again that relying solely on Google/Yahoo search traffic is not the best strategy.

Not trying to throw a wet-blanket on the founders/insiders/VCs who made a load from the IPO and built a decent coupon site that actually works, but anyone buying the stock today would be idiotic. I'm worried about how this business looks 3 or 5 or 7 years from now and it wouldn't be a surprise to me if they lose their ranking to someone else.

 

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[Always]

 

[Josss]

I'd be guessing FatWallet turns over some pretty impressive figures too...

They rank all over the place right now.

 

[BlueYonder]

I'd be guessing FatWallet turns over some pretty impressive figures too...

They rank all over the place right now.

FatWallet has a slightly different business model. Users who buy through their site get cash back for making purchases. It's similar to Ebates.

RetailMeNot promotes a lot using sweepstakes. They have the biggest variety of coupons I've ever seen, and the coupons are usually fresh or they tell you if they're not.

 

[EricVorheese]

The only problem is that they built their entire empire on top of Google - The SEO Dominance of RetailMeNot

Time to branch out, use that mobile app to grow brand traffic.