Sunday, 10 April 2016
How Cashback is adding a Cherry on the top of your online shopping deals
What is Online Shopping?
Instead of going directly to a shop, you access a retailer's online(internet) store through an ECOM website like Amazon, Flipkart, SnapDeal, Askmebazzar, Jabong, American swan, Paytm, Yepme, Myntra, Shopclues, Homeshop18, naaptol, Pepperfry and more.
In this method of shopping, you need not go to a real shop which is made up of bricks and concrete and you need not go to long distance to buy your favorite products instead through online shopping you can shop in the virtual world of shopping, where you can buy your desired product just by clicking your mouse buttons.
Online shopping provides you a different way of paying options like Payment through credit card, Debit card, Cash On Delivery,EMI, Paypal etc...
Thus the online shopping becoming more familiar nowadays and the online shopping sites like amazon, Snapdeal, Flipkart etc... are providing awesome discounts for the products.
This kind of providing Discounts will increase the number of customers to their site also the customers feel it comfortable and buying the products that have more % of discounts.
For example see the below image the original price is discounted to some %
At the developed stage of these kinds of discounts a new type of offer is introduced which is called as the Cash Back offer which means you get your money back that is paid by you to buy that product, cool right!!!
Cash back is a term nowadays used often in the Online Shopping. Cash Back concept is simple you get money for shopping.
If you buy a product online the product's company will provide you some % of your amount back to you.
Cash Back makes the customers to buy the product immediately and in more quantity.
Cashback is not the same as discount. Discount is usually given instantaneously on-the-spot before a bill or invoice is generated, but cashback gets reflected in the monthly statement of a card as a credit to the person who holds the card.
The Cash will be credited to your account at the end of the month of you are purchase.
Thus the Cash Back is like adding a Cherry on the top of your online shoppping.
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