Wow, 2016 has been an incredible year! A heartfelt and sincere thank you to all of our great members who continue to recommend Yazing as well as to all the great brands who have jumped on board this year. As we pause to take a look back at 2016, we wanted to start with a huge thank you to everyone!
We ended 2016 with over $30 Million in sales for our brands! That represents more than a 300% increase from where we were at the end of Q2! We ended 2016 with around 5k members who earned over half a million dollars in commissions last year!
As the word about Yazing continues to spread, our membership numbers continue to increase rapidly. Here is what 2016 looked like:
We finished 2016 with $30.7 million in sales generated for our partner brands & stores, up 321% from Q2-2016 and 134,000% from the end of 2015. Total cash rewards earned by members increased 21,000% year over year and 367% from the end of Q2-2016, ending the year at $563k. In fact, our growth was so good, we were recognized by Commission Junction as a finalist for their 2016 Retail Publisher of the Year Award!
We ended the year with 575 of the top internet brands, and there are a lot more waiting in the wings to get on the site. We continue to maintain a policy of only bringing on new brands that are offering Yazing members their top commission rates and focusing our efforts on adding the stores requested most by our members. If there is a store missing from the site, other than Amazon, please let us know, and we will do our best to add them as soon as possible.
Referral Transactions Update:
If we had to pick an area where we stumbled in 2016, this would have to be it. We have a great growing base of members who are savvy shoppers and early adopters with significant online influence. We haven’t done a good job at promoting the ability to make money without having to make a purchase online. This is a HUGE opportunity for our members and will be a major focus in 2017. Some of our members have started sharing their links customized deal links and are making significant money!
Member Dashboard Update:
Completing our dashboard is a top priority for us, and in 2016 we were able to launch the first phase of this project. Members can now see and confirm each shopping visit they make as well as every referral shopping visit that credited to their account. We added the ability to easily request a Yazing Cash Rewards Report until we can fully automate that process and get all the transactions into the dashboard. Finally, we added the ability to report any missing transactions that may not have tracked correctly.
Thanks everyone for a fantastic 2016 and may 2017 be a happy, healthy, and profitable year for you!