Cashbacks and discounts are like the two most favorite words of anyone who belongs to this world. Starting from food delivery to on-demand services to eCommerce, all the sectors know very well how to attract users with these rewards. But on the other hand, there are also many apps that are exclusively created to offer rewards to its customers. Shopping freaks consider them as a blessing from guardian angels!
What are cashback apps?
Cash-back apps are apps that provide a rebate on a purchase, or they provide coupons for discounts. Though some may deposit it back as cash, some may offer points that can be used as a price break for upcoming purchases. There are apps that provide these services. Some top cashback apps are Ibotta, Fetch Rewards, RetailMeNot, GetUpside, etc.
In this blog, we’ll learn about the Fetch Rewards platforms that are in the top 3 list of best cashback apps of 2021.
One thing that differentiates the Fetch Rewards app from others is because instead of letting users get the rewards only while purchasing the partner brand, it offers the rewards to everyone for purchasing products from any brand.
It implies that the app doesn’t bring up any restrictions of buying products to users, forgetting their rewards. There are no reviews that need to be taken, no need to watch the recordings, no need to share that you are going to buy something. Nothing! Are you wondering then how does it work? Stay tuned!
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Fetch Rewards Clone- Brownie points or points for getting brownie?
Fetch Rewards is a cashback app that turns receipts into rewards. The app lets you earn rewards for every receipt. Using the points that the app gives, you will make free gift cards from your favorite stores. With this app, you won’t have to scroll through different brands and select one to get the rewards. Fetch Rewards does the work for you!
You use the app to scan receipts of groceries purchased from club stores, grocery or convenience, dollar stores, and liquor or package stores. So you see that you can upload receipts from various stores.
You have to scan your receipt and wait for the rewards to add up. However, these rewards are not money. Instead, you can redeem the points for gift cards. The app works with more than 300 different brands available in the supermarket. So for anyone purchasing the app, there’s next to a null chance that they won’t get the reward for their purchase.
Simple yet profitable workflow:
Starting up: The app is free to use and can be downloaded from the Google Play Store and iOS App Store. So, to get started, you download the app from the app stores and create an account with your social media accounts. If you own a promo code, you can use it during the sign-in process and get a reward of $1.50 or $2, depending upon the current promotions.
The shopping part: Unlike in other apps, there is no prioritizing of shopping from specific retailers. So instead of searching for the particular retailers who offer the best deals, you can straightaway use the app to snap the picture of a receipt and upload it. For every partner brand that appears on the receipt, you will earn 25 points. Though this might seem minimum, if you have a higher transaction total, then you will have more points. The app allows you to upload up to 14 receipts in a week. No more waiting for days or months, as the points appear in your account in just a few hours.
Redeeming points: The main strength of the app is that the minimum price to redeem a reward is much smaller than other apps which have a skyrocketing price set. The app offers an extensive list of gift cards.
Things to look out for while developing the app
This unique business model of the app has been inspiring a lot of entrepreneurs to launch the Fetch Reward Clone app. The good reason behind the aspiration is that, when compared with other cashback apps, this offers more advantages to the users. The more the users like an app, the more is going to be its popularity. Moreover, the 4.5 out of a 5-star rating of the app is another critical reason.
So, if you are one of the business owners who want to launch an app like this, then given below are some benefits that you could offer to your users and yield a more significant profit.
Follow these steps for a lucrative cashback app
Low cash out value
There are many apps out there that set their price to an unrealistic level. But if you follow the standard app’s model and set a minimum cash-out price, it will attract more customers.
When you partner your app with numerous brands and special offers, you can lend your users a platform that will offer more straightforward ways to save money without changing their habits. You can also consider rotating the offers to help them cash money- if not frequently, at least once in a while.
Gift card collection
Make sure to offer many options of gift cards in as many categories as you can. So that even if a user is not interested in clothing, he may like some other options like restaurants, travel, or charitable donations. It opens up many choices and will cover a vast user base.
Cash-back rewards program or coupons
Coupling the use of cashback rewards programs or cashback credit cards can be a bonus for your users so that they can never face a decline in using your app.
Multiple earning channels
Not just for grocery shopping or a specified way of earning rewards, but you can also allow them to earn points by shopping with eReceipts, refilling prescriptions, etc. This flexibility will attract users to come to your app more often.
It’s your time to earn a reward!
Having all the needed overview about the Fetch Reward app, you are now open to start the development of the clone app. So reach out to our Appdupe, who will help you to develop a Fetch Reward Clone App, a to-be trending cash back app!
Want to rival top rewards apps like Ibotta & Shopkick? Acquire our Fetch Reward Clone
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