OnBuy introduces £10m Cashback rewards for global audience

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OnBuy, the UK-based online marketplace, has recently launched a game-changing development in the form of their new cashback loyalty programme. This programme promises to revolutionize the way shoppers experience cashback rewards when shopping online. Unlike traditional cashback sites that require users to log in before clicking on a marketplace, OnBuy’s cashback programme offers up to 7.5% cashback on every product across their site. This means that shoppers can earn cashback instantly and spend it with trusted sellers on the OnBuy platform.

This move by OnBuy is a significant step forward for consumers, who often rely on cashback sites to earn rewards while shopping online. However, the process of logging into these sites before accessing a marketplace can be cumbersome, especially when using mobile apps or internet browsing. By eliminating the need for this extra step, OnBuy makes earning cashback a seamless experience for its customers.

What sets OnBuy apart from other marketplaces is the generous cashback rate of up to 7.5% for existing customers. This rate is five times higher than what most cashback sites offer for other marketplaces. Additionally, retailers can rest assured that the cashback is covered by OnBuy and does not affect their margins.

One of the standout features of the OnBuy cashback programme is its uncapped nature. Customers can accumulate and save their cashback indefinitely as long as they log into their OnBuy account every six months. Furthermore, customers have the option to withdraw their cashback into their bank accounts after 30 days, as long as they have a balance of £5 or more.

Existing OnBuy customers will receive exclusive rates of 7.5% cashback through promotional emails, which can be redeemed on any item available on the OnBuy website. In addition to these benefits, loyal spenders will continue to enjoy various cashback promotions and stackable rewards. This approach bucks the trend in the industry, where new customers typically receive the best deals.

The potential for shoppers to earn significant cashback rewards simply by shopping regularly on OnBuy is a game-changer. Whether customers choose to use their cashback for more purchases on the platform or withdraw it to their bank accounts, they are sure to appreciate the financial benefits this new programme offers.

OnBuy has been steadily growing its traffic over the past few years, and with the introduction of this impressive cashback scheme, it is expected that more buyers will divert their spending to the platform. While some sellers on OnBuy have reported mixed results in terms of sales, this new cashback programme could incentivize even more customers to choose OnBuy over other marketplaces.

Listing products on OnBuy is the only way for sellers to be part of this exciting opportunity. As OnBuy ramps up its marketing efforts to inform consumers about the cashback rewards on offer, it is likely that more and more shoppers will be searching on the platform, knowing they will receive more generous cashback than on any other scheme on the internet.

Overall, this new cashback loyalty programme from OnBuy represents a significant development in the world of online shopping. With its uncomplicated and rewarding approach, OnBuy is set to disrupt the market, attracting both new and existing customers looking to make the most of their purchases. As the company continues to roll out its marketing initiatives, it is poised for even greater success in the future.

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Shreya Gupta
Shreya Gupta
Shreya Gupta is an insightful author at The Reportify who dives into the realm of business. With a keen understanding of industry trends, market developments, and entrepreneurship, Shreya brings you the latest news and analysis in the Business She can be reached at shreya@thereportify.com for any inquiries or further information.

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