“The competition is fierce out there”
“Retaining customers is cheaper than acquiring new ones.” This is one of the strongest arguments, often overlooked or ignored.
What is Cashback?
“Cashback is the newest trend in the e-commerce industry for customer acquisition, retention, better branding and efficient market capitalization.”
Research shows cashback is a powerful incentive for consumers to return, often within a week of receiving their cashback rewards, to spend more on their favorite online shopping sites.
Cashback market size is
$ 500 billion
How Cashback effect your value?
Cashback promotions create a 3.4 times lift in conversion rate.
An average order value increase of 46% (from $76 to $106) according to research.