When faced with the prospect of receiving free money, most would hesitate or react in bewilderment owing much to the saying “There is no free lunch in this world”. Well, that was the case until ShopBack arrived to smash that notion. Their aim? To transform the region’s online shopping game with their Cashback model, having established themselves in countries such as Singapore, Malaysia and now the Philippines.
What is Cashback:
The Cashback model is one where shoppers earn rebates in the form of cold hard cash which has been popular in the west for quite some time. ShopBack has recognized its potential in enhancing the online shopping experience and thus aims to provide this wonderful service to shoppers all over Southeast Asia.
Where does the Cashback come from:
It seems incredulous to think that ShopBack is giving away money just for free. This is a question that readily comes to mind: how this business model is sustainable? The Cashback given away to consumers comes from commissions earned per transaction – of which ShopBack keeps only a small part and gives the rest away to consumers as Cashback.
Here is how ShopBack works:
Sign up and browse through ShopBack’s extensive list of merchants available for whatever type of goods or services you need. Choose from some of the biggest names in online shopping like tech stockists Lazada, Ensogo and Aliexpress; online fashion houses Zalora and Asos; and travel service providers Agoda and Booking.com.
Before you choose an online shop, be sure to scour through ShopBack’s website to check out the many promotions and offers that ShopBack regularly has.
Most of the times these deals coincide with large-scale shopping events or merchant promotions. Since Cashback is offered on top of existing discounts, the savings you’d get on these days will be compounded. An example of which are the Cashback increases in conjunction with the Lazada Online Revolution Sale and the Lazada Tech Week.
After which Cashback will be given to you based on the Cashback rates and final amount purchased, ready to be cashed out straight into your bank or PayPal account. Sign up for a ShopBack account now at www.shopback.ph to know the joys of Cashback.