Centsible Life

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iConsumer: Earn & Own While You Shop

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Sponsored post disclosure

I love to earn cashback when I shop. Finding the best deal is a great start, but adding on cashback makes it an even sweeter deal. But I don’t just stop at a little cashback. You can earn double the cash with a rewards credit card and cashback sites. If I shop smart I can not only save big, but I can also earn up to 25% back when combining cashback.

But now there’s another way to add-on even more savings in a unique form. iConsumer is a new cashback site with an interesting twist. Not only can you earn cashback on your purchases, but you earn shares in iConsumer. That’s right. By shopping through their portal you’re also earning stock in their company.

Owning a piece of a company is not necessarily unique, but owning it by shopping is a totally new concept, and I’m excited to share it with you. Not only is it a great way to shop and save, but you’ll own part of the company, too!

Their motto: Shop, Earn, Own shows you exactly how it works.

About iConsumer

You’ve probably got questions, and I’ve got all the answers about iConsumer.

What does owning iConsumer shares mean?

In a nutshell from the time you sign up you’re earning shares. After you sign up every time you shop using iConsumer you’re earning shares in the company.

Is this really for real?

It is. Seriously. The SEC has to qualify the offering, but it’s legitimate. Read more about on their FAQs page and get their full disclosure on the site.

How can you earn shares?

  • Earn shares by sharing.
  • Earn shares by shopping.

It’s really that simple.

How much are shares worth?

As iConsumer says, “they’re worth what someone would pay for them.” At this time that means nothing, but it doesn’t mean they won’t be worth something in the future. So, getting in on the ground floor is a great idea.

But, really how much are they worth?
The SEC doesn’t allow iConsumer to tell you what shares are worth, but they can tell you what people are buying and selling it for. When the SEC has qualified their offering, and they’re allowed to sell stock, they plan to begin at $.09 a share.
Additionally, they have plans for stock prices to increase. After they have reached 50,000 members, it is their plan to increase the price of the stock, and to keep increasing it as the membership base grows. Their plans are subject to change, but it gives you an idea of what they may be worth.
How will I sell the stock or buy more shares?
iConsumer wants it to be easy for you to buy or sell stock. Once the SEC qualifies the stock, they will be working with a stock transfer agent to make it easy for you to sell your stock.
A general note about investing:
As with any investment owning shares doesn’t mean that you’re guaranteed a return or increase on your investment. The market for stocks is only what people are willing to pay for your stocks. With iConsumer the advantage is you are getting ownership in something without having to spend cash-you’re just buying things you already planned to shop for.

Ways To Shop With iConsumer

Now that you know all about what they do let’s cover how to shop with iConsumer. They make it easy with tons of options including mobile apps.

  • Start at iConsumer.com: You can search for shops, set up favorites, and find coupons and deals.
  • Install the iConsumer Button: It makes it easy to shop using iConsumer without having to visit the site first.
  • Using links in the iConsumer Newsletters: If you subscribe you’ll get deals and links to shop.
  • Use the Android or iPhone/iPad Apps: The apps me it easy to shop, earn, and own on the go.
  • Create your own list of favorite stores under My Stores: This makes it easy to find links to your favorite shop.

About iConsumer

iConsumer starts and ends with the community, the crowd that’s building it. When you use iConsumer you’re building it by using it to save money with coupons and cash back. You’re building it by telling friends. You’re building it as owners. You’re building something that’s never been done before.

Connect with iConsumer

Have questions about iConsumer? Ask in the comments.
Kelly

Disclosure: This is a sponsored post on behalf of iConsumer.

About Kelly


Kelly Whalen is the founder and editor of the Centsible Life blog. She started the blog 6 years ago as her family faced a mountain of debt. The blog became a resource to readers and a hub for everything you need in life for less. Kelly lives in the Philadelphia area with her superhero husband, 4 awesome kids, and one adorable dog. She still believes you can have it all....just not all at once.


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