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Question: How Jigsaw Works
Answer: When a member signs up, he or she commits to buying contacts with a credit card or with points. "Basically a member pays $25 per month to gain access to the data," says Fowler, "or alternatively they can contribute 25 new contacts each month in which they are a member." Every contact a member contributes earns that member 10 points, and every time a member updates or corrects the information in a contact's entry, they also earn 10 points. A member can earn a whopping 125 points by referring a new member into the Jigsaw network.
Once in the Jigsaw bank, points can be used to buy contact information. "Each contact retrieved from the data base costs 5 Jigsaw points," says Fowler, "or you can think of it as $1.00." That is attractive for members, because each contributed contact earns 10 points, which means the earn/use ratio for Jigsaw points is 2:1.
Members who earn sufficient points don't have to pay cash to use Jigsaw. A unique twist to the system is that members with excess points can sell them. "We've established a marketplace," says Fowler, "in which members can sell Jigsaw points for the going rate of $1.00 per contact." He said that it's a win-win-win situation, because the buying member, the selling member, and Jigsaw all benefit from the trades. "Our top earners have earned as much as $750 in a month," says Fowler, "and hey, that's a serious car payment."
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Question:
How Jigsaw Works
Answer:
When a member signs up, he or she commits to buying contacts with a credit card or with points. "Basically a member pays $25 per month to gain access to the data," says Fowler, "or alternatively they can contribute 25 new contacts each month in which they are a member." Every contact a member contributes earns that member 10 points, and every time a member updates or corrects the information in a contact's entry, they also earn 10 points. A member can earn a whopping 125 points by referring a new member into the Jigsaw network.
Once in the Jigsaw bank, points can be used to buy contact information. "Each contact retrieved from the data base costs 5 Jigsaw points," says Fowler, "or you can think of it as $1.00." That is attractive for members, because each contributed contact earns 10 points, which means the earn/use ratio for Jigsaw points is 2:1.
Members who earn sufficient points don't have to pay cash to use Jigsaw. A unique twist to the system is that members with excess points can sell them. "We've established a marketplace," says Fowler, "in which members can sell Jigsaw points for the going rate of $1.00 per contact." He said that it's a win-win-win situation, because the buying member, the selling member, and Jigsaw all benefit from the trades. "Our top earners have earned as much as $750 in a month," says Fowler, "and hey, that's a serious car payment." Source: CoolInterview.com
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