Digitalization has brought a tsunami of changes in all the industries. Mainly, it has made smart buying mainstream, where customers get showered with discounted offers to make intelligent purchases. One way consumers can do this is through a cashback app.
Amidst all this, the idea of a cashback app has flooded the online marketplace, making it easier for buyers. One such app is ShopBack, an online app company that was established in the Philippines in March 2014.
Users of this app receive cashback as well as cash rebates on anything ranging from books to groceries. The business model of this app allows the customers a percentage of their purchase as cashback. Let’s learn more about ShopBack below.
How Does It Work?
ShopBack has made a name as the fastest-growing e-commerce platform. The reason lies in the rebates and discounts that they offer customers. Through the cashback app, Shopback increases the purchasing power of a customer.
In order to do that, the app has partnered with over 500 local and global stores. ShopBack directs users to these partnered stores to make purchases. Once the transaction is done, the partnered brand pays the app some commission.
Then, the cashback app provides the buyers with a portion of the money ShopBack received. Now let’s explore what the app has in store for users.
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A Pocketful Of Brands
ShopBack’s reputation has lured many brands into working with the app. Aside from fashion and food brands, this app also has many department stores and supermarkets like S&R Groceries. You can indulge in plenty of grocery shopping and receive cashback or rewards for doing so.
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Cashback Or Discount
As informed customers, users should be savvy to save more money on their purchases. Discounts and cashback are very different in their characteristics and have different benefits.
Sometimes cashback turns out to be more profitable and other times it is discounts that are the real deal. You can get a cashback of up to 30% on ShopBack.
Discounts are applied immediately to your purchase whereas cashback can only be tracked 2-3 days after purchases.
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Stay Updated
Don’t want to be late to the party and lose out on the gifts? ShopBack has a newsletter that contains the newly discounted products and other such offers.
All you’ve to do is fill in your personal details and all the latest offers will reach your inbox. This way you won’t miss any chances to save up on your desired products with the cashback app.
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Refer And Earn
ShopBack has a referral campaign in which existing users can refer their friends and family. The referred person has to sign up and make a purchase through ShopBack.
This purchase made has to reach a certain minimum limit which can be done through either the app or the website. Once this purchase is completed, the user will successfully get their bonus. This bonus can be used on their future purchases, so it’s a win-win campaign.
Tips For Using ShopBack
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Withdrawal Limit
A ShopBack user has to adhere to a minimum withdrawal limit before making any withdrawals. A user’s app earnings have to be PHP 200 before they can make a withdrawal of cashback earnings on the app.
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The ConfirmedEearnings?
The users should know that only the amount in their ‘Available Balance’ is available to you. The pending earnings aren’t accessible until confirmed. In may take earnings several days to be confirmed.
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Withdrawal Time
Withdrawal transactions usually take 7-14 days to be successfully completed. The users can check up on the transaction under ’withdrawal history’ to stay updated. You can receive the money via bank or through G-cash.
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Stay Active
Keep in mind that your app earnings do come with an expiration date. You’ll end up losing your app earnings if your account is inactive for too long. If you do not make a purchase for a year using the account, then you’ll lose your earnings.
The Bottom Line
The cashback app is available in most Asia Pacific regions. These regions include Taiwan, Singapore, Indonesia, Thailand, and the Philippines.
All in all, ShopBack wants to enable smart decisions giving consumers access to reviews and product offers before they make a purchase.
Moreover, they’ve employed innumerable brands. This leads to savings as well as informed decisions on part of the customers and makes them smart shoppers.