DateLine | TagVillage
June 12, 2011
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We have all been anxiously awaiting news from TagVillage Headquarters about the long expected rollout of the Top Secret Project (TSP). Just to wet our chops a little more, news has been leaking out about the Tagvillage Bazaar. Since none of this has been Officially unveiled, fellow TagVillagers can only speculate and guess as to what is coming. As mentioned in a previous post, testing is currently underway by 20 lucky testers. The following is a reprint of a great explanation posted about an hour ago by Russell Miller; one of the 20.
Thanks Russell for explaining things so well.
As many of you know (or have guessed) I was one of the Bazaar testers as well. What follows is my overview of what this hullabaloo is all about.
What is the Tagvillage Bazaar?
Although I can’t tell you specifics of what it is, or the mechanics of how it works, I will tell you as much as I can, as close to the line without going over as possible…
For starters, the Bazaar is about selling. Much like what you would picture in your mind of a bazaar in “the old country”, there is tons of goods available, lots of excitement and positive energy, and NO ONE pays retail for anything. Everyone knows bazaars are where you go to get the rock bottom deals. The Tagvillage Bazaar is no exception
How much?
By now you have heard people will be able to by actual items as low as 0.10 tagvillage credits, but you likely have no idea what that really means. Let me try to clarify it without giving away the specifics. Just as in any bazaar, there is no “bottom line”. It is what the buyer and seller agrees is a “good price”. Just because one buyer gets a good deal from “shop keeper A”, doesn’t mean the next customer will get the same price. Nor does it mean that he can’t get a better deal from “shop keeper B”. BUT, he will get a good price none-the-less.
If you were to ask shoppers what the price of an item is at the Grand Bazaar in Tehran (largest bazaar in the world) the best they could tell you is what they paid for the item. They could tell you a “rough average” but couldn’t give you an exact price that you will pay if you travel to Tehran to buy that item.
The same concept is true with the Tagvillage Bazaar. Prices will vary day to day, item to item, and purchase to purchase. The TARGET price that everyone is aiming for is 0.10 tagvillage Credits. Some people will get items at that price, some people will not. It just depends on the item, the day, and the purchase. So to call it the Tagvillage 10¢ Bazaar is correct, but doesn’t guarantee every item will cost you 10¢.
As with all things Tagvillage, there is always the “T-Factor”, the taking of a “normal” concept, and twisting it up a notch or two. The Bazaar sort of takes the T-Factor, and puts it on steroids….
What is in it for you?
One thing is certain; you will only pay a fraction of the cost for an item that you would pay at any other online retailer. Tagvillage’s Bazaar price includes freight and import tax, as well as the ability to earn 5% commission of the retail item from your referrals purchases.
Along with the ability to buy items for unbelievable prices and incredible bargains comes the first implementation of the Tagvertiser platform. Tags WILL BE targeted on Bazaar items, and owners of those tags will earn 1% of the item’s retail price. And this is full on retail, not a scaled down bargain bazaar price. There will be up to 5 tags per item in the bazaar, which means tag trading will not only skyrocket on those tags, but for the first time ever, we will be seeing commissions paid on tags by actual advertisers. The bar on tag trades is going to be raised.
Activity Points
Along with everything mentioned above, there is going to be a HUGE increase in Activity Points. Not only will there now be more ways to earn them, with more money coming to the 10¢ Bazaar, the AP pools will be increased as more people begin making bazaar purchases.
Just as with tag trading, you can earn AP from not only your activity, but also your referrals activity too. It has been said from the beginning, the best reward of AP will be any actions that generate activity on the Tagvillage website. The “AP hands” were tied during tag trading, as it was a very “linear” process, but now, with the advent of a second platform, with multiple facets, there will be many more ways to earn AP.
More importantly, you can also earn AP from participating in the Bazaar. Not only can you be the recipient of incredible bargains and deals, you can also earn a passive income from just being involved in the bazaar. Unfortunately, this is one of the areas I can’t give too many details, but I can say, you will be greatly rewarded for your activities within the bazaar, no matter how many full “bags” you end up carrying away at the end of the day.
What about tags?
Aside from the tagvertising platform, we will also be able to sell our high priced tags in the Bazaar. This is one area I can say that definitely will NOT be 0.10 tagvillage Credits purchases. People will be able to buy tags for a fraction of the current price, while at the same time, giving the seller full retail price (allowing you to earn your 15% commission (as with any sale)) and your referrer will still earn his full 5% on the sale of your tag as well. I am sure this one will have you guessing the most, but I do promise, it is going to be incredible, and will be a “game changer” in tag trading as we have come to know it.
It is a very real possibility that we will see people buying and selling tags with the frenzy that we saw in the first days of tag trading. I anticipate that not only will this continue longer then it did with initial tag trading, but prices are likely to go higher, and more people will be able to capture their shares of commissions and end up owning (and selling) much higher end words then they thought would ever happen.
Final thoughts
Although this is a nice overview of the Bazaar, it is not the inclusive package of the entire Top Secret Project (TSP). This is ONE phase of the TSP (albeit it a large one). I do believe with the other changes coming most people’s minds will be blown. The idea of tagvillage being a “real” business will no longer be in question, and people will begin earning money the way they had always imagined. Any confusion as to WHY people will be flocking to Tagvillage will soon be put to rest, and tagvillagers will soon question how they managed to get this far along without the new innovations that will be coming out of Tagvillage.
Above all else, the one thing I want to stress with the TSP and the 10¢ Bazaar, there will be a resounding theme echoing through everyone’s minds: “Fair & Helpful”. I believe from everyone who has tested this project so far, the initial reactions are “oh…” then after a few minutes and they “get it” a resounding “…this is THE BEST!”
It is very cool, and will start making people some serious money. As frustrating as the wait has been, it will be OH SO WORTH IT!
posted by Russell Miller
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Friday, July 29, 2011 - 10:30 AM
