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Saturday, 11 August 2018

Dealjoy, The Future of Online Shopping Portal

By the internet connection, people used their mobile phones or laptops to access many information, from the basic feature like sending e-mail or buying things from an e-commerce website. Recently, people finds out that doing the online shop is an easy yet addicting whenever there is any discount or sales. People are more interested to buy online whenever there is extra discount or cashback.

At the retail industry, Statista in 2018 predicted that the retail e-commerce is rise from $2,304 billion in 2018 to $4,135 billion by 2020 and will have the average of annual growth of 21.52%. From all that money which are circulated, there are cashback industry which is worth over $84 billion and still growing, since more than 100,000 e-commerce merchant are using the cashback as the marketing tool.

People nowadays has been familiar with the online shopping activity by browsing to many e-commerce website and finishing their transaction by the “traditional” way (bank transfer, paper check or via PayPal). Those payment method is not private at all since the sensitive users data are stored to the internet and users need to pay more for the fees.

Another high technology development in this cyber era named cryptocurrency finds out that there are many advantages for online shoppers to get the cashback in form of any cryptocurrency. This opportunity is possible by the worldwide online shopping industry which will provide the competitive cashback rates by ensuring the user’s privacy.


The Dealjoy platform

Dealjoy comes between the customer and many online merchant by giving the best deals on the negotiation. Whenever the users complete their online shopping via the Dealjoy platform, they will get the competitive cashback commission without leaking out the information of the buyers data to the third party. Dealjoy platform use the ERC-20 standardized token called DEAL, which will be used for the cashback gained by the users. 

Cited from official research conducted by RetailMeNot Inc., there are four fact which are summed as the key preferences of cashback customers. First, 96% customers prefer not to use mail-in rebates. Second, 70% customers prefer payment not in a form of paper check. Third, more than 55% customer prefer to redeem cashback offers online. Last, nearly 50% found that cashback is challenging to redeem.

Classic problem which may follow by the traditional way on giving cashback, is the delay between the purchasing good and the receiving the commission. Some of the merchant may need up to three months for the users to wait before they get their commission. Those condition is far from the good way to maintain users and will not be experienced by the Dealjoy platform users.

Dealjoy give their users cashback almost in instant and there is no minimum threshold. Users of Dealjoy platform are able to withdraw their cashback in form of DEAL tokens to their wallets at any time. Their DEAL tokens are available to be used to be traded for others cryptocurrencies or simply keep it at their wallets and wait for its potential value appreciation.

By the advanced blockchain technology based ecosystem, there will be no personal identification data needed to register as the Dealjoy platform members. Moreover, Dealjoy platform always put the users personal data as the top priority but also provide the transparent and privacy-conscious approach.

Dealjoy platform are available in web as well as the smartphone (Android and iOS). Right from the Dealjoy platform, users are allowed to buy anything which are offered. For the example, if you want to buy headphone at the AliExpress which is offered by Dealjoy, you will get 8% of cashback. 

Right after the purchase is completed, you just have to make sure that your purchasing has been registered at the Dealjoy and get the promised amount of DEAL tokens at your account without the need to wait. This method is considered as the strategic ones since 99% of customers were more likely to make a purchase after finding discount and 87% of customers are actively on redeem the rewards point, cashback or reward miles.

In order to keep the existing users and get the new users more, Dealjoy platform will include products and category specific deals for Dealjoy members to benefit from. This feature will be available on the DealFeed which is integrated into the platform.

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