What if you could earn financial rewards every time your friend, or your friends’ friend saved money? Enter TreatFeed, the Facebook app that treats you every time someone in your network makes a purchase. 

First thing’s first: become a member and ask your friends to sign up. Anyone they get to sign up and everyone up to a four degrees of separation make up your "Social Tree."

TreatFeed posts tons of deals daily. When you or someone in your Social Tree completes a transaction, you win perks such as points, exclusive offers and cash. Whether someone in your Social Tree discovers a deal directly from TreatFeed or from you, you win either way.

Just think of it as a sales commission because in some way, you help every person in your network discover the deals. It’s all about turning sharing into rewards.

The more people you invite, the more quickly you start inviting, and the more social you and your friends are - oh and the more people buy - the bigger everyone’s pockets.

http://TreatFeed.com

Hmmm, interesting. I'll have to investigate this and perhaps expand the information about your company.

This does look like a great app.

Everyone loves a treat: Attach a rewards system that doles out points to users for referring

friends to deals and Treatfeed may spell a potential win-win, for consumers and businesses alike.

The TreatFeed reward system is a bit like a cross between Yelp and Groupon, allowing users to

personally recommend daily deals to the friends in their network in order to win perks.

Los-Angeles based TreatFeed posts a stream of deals from local or online businesses daily (in no

fewer than 18 categories). Through Facebook, users join and then start inviting friends to join

their Social Tree network. Users can then refer friends in their Social Tree to deals they spot

and like. (You can also enter your email address to receive the TreatFeed in your in-box).

If a friend in a user’s Social Tree purchases a deal that was referred to him or her, the

referring user (the person who started the Social Tree”) earns points. If friends of friends (up

to four generations) purchase the deal, the referring user earns additional points. These points

are redeemable for what TreatFeed calls “cool stuff” and cash. It’s one big, happy circle of

friends, referrals and rewards.

In the TreatFeed, users can click like on deals, reply to them with comments and click around to

read more details about the offerings. Users can e-mail deals to friends or Tweet deals.

A sampling of today’s posted deals includes: In the activities and travel category, $100 off

Hawaii, Caribbean and Mexico vacation packages from Ortiz.com; in the health and beauty category,

$20 off any purchase of $100 or more from Gaiam and 20 percent off your entire contact lens order

at Walgreens.com; and in the pet category, 50 percent off FURminator pet grooming products.

TreatFeed is the brainchild of the same team that launched HauteLook, a website recently acquired

by Nordstrom that offers exclusives of private online sales.

Possible drawback: Will friends resent the cashing in of amity? It could happen. Or the entire

network could be delighted to benefit from finding, sharing and cashing in on money-saving deals.

These blanks will be filled in soon, once TreatFeed has been up and running for a bit.

Readers, what do you think about the prospects for this application?

" Will friends resent the cashing in of amity?"

Please explain?

Reps making any money presently?

Your list of Advisors is most impressive.  For real?

50% of revenues paid out - really isn't enough, unless you are paying reps a commission % for getting the deals too?

Be honest - do y'all have the operating capital to pull this off in the next 30 days?

Tom

"do y'all have the operating capital to pull this off in the next 30 days?"

Snatched the words right out of my mouth....wondering about this as well.