Here you’ll find answers to some of the most frequently asked questions (FAQ) by people. So if you have a question, have a look at the FAQs listed in this page – the answer you’re looking for might be there.
But if you don’t find what you’re looking for, then by all means feel free to contact us.
How does ihiveLIVE work?
Members create a profile that includes selecting a favourite charity. An ihiveLIVE Member chooses their personal purchasing preferences, then ihiveLIVE finds businesses that specifically satisfy those stated preferences. When Members become active participants on their ihiveLIVE page, and respond to their personalized advertising and merchandising offers, they generate revenue for their causes and themselves.
When our Members make a purchase, the merchant knows that it came from ihiveLIVE’s Sharing Platform because of the unique coding we provide and the link that the affiliated merchant has provided. The merchant pays a percentage of the sales to ihiveLIVE as a referral fee ; and ihiveLIVE then shares a percentage of the revenue it received with the Member. We plan to share up to 50% of every purchase made by an ihiveLIVE Member; 25% to the Member and 25% to their charity.
ihiveLIVE Members must share a minimum of 25% with their charity. We believe that most people will elect to share the full 100% of their ihiveLIVE cash to their charity.
How does an ihiveLIVE Member select a charity?
When a user signs up to become an ihiveLIVE Member there is a structured on-boarding process that they will follow which includes selecting a charity to share their cash rewards with. Every listing of a charity includes a link to that charities website. Once a Member selects a charity, they must keep this selection for 6 months, after which time the Member may choose to change to another charitable cause.
How do ihiveLIVE Members earn cash rewards?
Members earn cash from viewing and/or watching ads, answering surveys, engaging with brands, downloading games, redeeming coupons, and purchasing products and services.
How much money can my charity get?
Simple answer, it all depends on how many ihiveLIVE Members there are and how many of them decide to select your charity to donate their ihiveLIVE cash towards. So, the more people we (and your organization) can attract to ihiveLIVE, the more the chances are increased that your charity will receive cash generated from the purchasing activities of our Members.
Can you give me some examples of the kind of revenue that can be generated and shared with a charity?
Example #1– Shoe Purchases:
An ihiveLIVE Member clicks on an offer from Adidas that they find on their MyMerchants page and it brings them to the Adidas website. The Member makes a purchase totaling $253.96. The commission that Adidas has for this purchase is 5 %.
ihiveLIVE receives 5% from Adidas for the sale = $12.70. 50% of the revenue is then shared with the ihiveLIVE Member:
Member gets 25% = $3.17
Member’s charity/cause gets 25% = $3.17
ihiveLIVE revenue share = $6.34
Example # 2 — Travel Purchase:
An ihiveLIVE Member wants to travel to Mexico, goes to their MyTravel page and clicks on a travel offer. The Member makes a purchase totaling $2,660.34. The commission for this purchase is 10%.
ihiveLIVE receives 10% from the sale = $266.03. 50% of the revenue is then shared with the ihiveLIVE Member:
Member gets 25% = $66.50
Member’s charity/cause gets 25% = $66.50
ihiveLIVE revenue share = $133.00
Example # 3 — Book Purchases
An ihiveLIVE Member goes to their MyMerchants page, sees some deals from Amazon, clicks on one of the offers and while on the Amazon site, makes a purchase totaling $ 53.99. Amazon gives a 4% commission for this purchase.
ihiveLIVE receives 4% from the sale = $2.15. 50% of the revenue is then shared with the ihiveLIVE Member:
Member gets 25% = $0.54
Member’s charity/cause gets 25% = $0.54
ihiveLIVE revenue share = $1.08
For just these three purchases by an ihiveLIVE Member, a designated charity could receive as much as $ 140.42. * (if the Member gives their entire ihiveLIVE cash to their designated charity)
Who is behind ihiveLIVE?
ihiveLIVE has been developed by Tri-Media Integrated Marketing Technologies Inc., located in Niagara, Canada. It is a strategic business unit of the company.
Tri-Media has been in business since 1986, created the first virtual community in Canada, and made Canada’s Profit 200’s fastest growing company list seven times.
Is there a cost for a charity to participate or to be included as a “charity for selection” in ihiveLIVE?
No, there is no cost to a charity or to individuals to sign-up and participate in ihiveLIVE. Our sharing platform lists charities across Canada, that our Members can learn more about and can select as their charity of choice for their financial contribution using ihiveLIVE dollars.
So what are the advantages if a charity registers with ihiveLIVE?
We encourage every charity to register with ihiveLIVE so that they can take full advantage of all of the benefits and features we can offer their organization, including:
- Contact information of every Member who is supporting your charity (based on permission).
- Historical data on the total amount of money donated to their organization by ihiveLIVE Members
- Historical data on the amount of money paid to their charity and relevant details for tracking
- Ability to update and enhance your charity website links to our platform that best promotes
the work of your charity.
- Ability to create a social forum environment where they can communicate with ihiveLIVE Members who have indicated an interest in their charity and/or support them.
What is the Charity Toolkit ?
Our Charity Toolkit contains information, templates and creative materials to help you market and communicate the benefits of ihiveLIVE to your various audiences and answer any questions that may be asked. We want to make it simple and easy for you to promote the benefits of ihiveLIVE to your supports and friends and family.
What is the ihiveLIVE Ambassador Program ?
An ihiveLIVE Ambassador is a volunteer in your charity who can play a lead role as a key influencer and champion for the charity’s participation in ihiveLIVE. Your chosen Ambassador for ihiveLIVE (API) would actively promote the benefits of ihiveLIVE, working with you to encourage charity supporters to actively participate on the ihiveLIVE sharing platform, where they can generate revenue for the charity.
An ihiveLIVE Ambassador is a volunteer who believes in the ihiveLIVE concept and in “giving back to their community”. By having an Ambassador for ihiveLIVE within your charity, you can assign specific activities to that person. On a fairly regular basis we will communicate with all of the Ambassadors, gaining feedback and providing a mechanism for us to share ideas with them and to update them on the program.
We want to make it simple and easy for you to promote the benefits of ihiveLIVE to your supports and friends and family.
Will ihiveLIVE Members understand that their cash contributions will go to a charity's general fund?
Yes, we will communicate to our Members, during the on-boarding process and on our website and the sharing platform, that funds will go directly to the charity, and the charity will determine how the funds are to be used, based on their programs and services. We will reinforce that our sharing platform will not be able to allow for personal designation of where the money should be spent.
How will payments be made to a charity?
We will issue payments on a regular basis, using a variety of possible methods to ensure that the frequency and payment mechanism is aligned and integrated with a given charity’s normal operations. Such payments may be made by cheque, electronic transfers, or using an online payment system like PayPal.
Will ihiveLIVE Members receive a tax receipt?
We are not a non-profit company and we do not have charitable status. When an ihiveLIVE Member has accumulated $25 dollars or more in their ihiveLIVE account, we will prompt them to tell us if they would like to have their cash sent to their designated charity. All cash in ihiveLIVE Members’ accounts, designated for a given charity, is aggregated into one payment, and that payment will come directly from ihiveLIVE Inc.
During the sign-up process, and on pages on our website and our sharing platform, we will clearly communicate that ihiveLIVE Members will not receive a tax receipt from ihiveLIVE , nor should they expect a tax receipt from a given charity.
Can an individual add money to their ihiveLIVE account if they want to give more to their charity?
ihiveLIVE Members can only add to their ihiveLIVE account by generating cashback from their activity on the ihiveLIVE Sharing Platform. However, if an individual wants to contribute more to a given charity, they can do so directly with that charity. To make that as easy and simple as possible, we will have profiles of all participating charities on our Sharing Platform, and links to each charity, so if an ihiveLIVE Member wants to donate more to that charity, they can do so with just a few clicks without leaving ihiveLIVE.