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RE: Reviewhunt: Generating Millions Of Dollars In Business On Steem

in #busy5 years ago

This is a great use case and really exciting product, but like @preparedwombat I am also very skeptical of these numbers. When you click to "pre-sign up as a maker" it just has you fill in a few fields and the last one is "How much is your monthly marketing budget?".

The number they show for the pre-sign up monthly spend is simply just a sum of what people put in that field. I could go and type in $1,000,000 right now and it would show that the monthly spend would be $1,422,456.

Since there's literally no commitment behind those numbers, they don't mean anything. Also I noticed that the question asks "How much is your monthly marketing budget?" and not how much would you plan to spend with ReviewHunt.

So even if you assume that all the data entered is real/correct, all that is saying is that companies with a combined total of $400k+ in monthly marketing budgets filled out that form. It's completely unclear what, if any funds are planned to be spent with ReviewHunt.

So unfortunately my take is that they are being extremely misleading and disingenuous with showing that information in the way they are on their site, and it's given me a large amount of distrust and disappointment in a project that I would otherwise find fantastic.

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It seems the wording on the form "How much is your monthly marketing budget?" is also ambiguous, because it's asked on Reviewhunt sites, many companies actually put the numbers they're planning to spend on Reviewhunt (I see many small numbers like $50-$1,000 from big companies we know that they spend more at least more than 10 times of that numbers they put on our forms).

Anyway, I really appreciate your feedback, and we have just updated the site to make that point clear.

Cool, that clears up the confusion


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Thanks for your opinion. Actually in Korean version ("매달 총 마케팅 예산 $427,556 규모의 53개의 회사가 리뷰헌트에 사전 가입했습니다.") was correct, but the translated sentence in English was unclear. We will fix it.

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