DEALFEED
In addition to the
basic model of operation— referring our users to online stores to obtain
cashbacks on all their purchases—the Dealjoy platform will include product and
category-specific deals for our members to benefit from. These deals will be
available on the DealFeed, which will be integrated into the platform.
DealFeed is a whole new
gamelike way to find and browse customized deals and offers by swiping. It is
powered by the Dealjoy Matchmaking Algorithm (DMA) which utiliz-es machine
learning and customer preferences to creat a customer-specific stream of
interesting daily changing deals. These specific deals are obtained directly
from the collaborating vendors and will offer our users even higher cashback
rates.
INDUSTRY
INSIGHTS
Retail e-commerce is
predicted to rise from current yearly sales of $2304 billion to $4135 billion
by 20203, summing up to an average annual growth of 21.52%.
The cashback industry
is worth over $84 billion and grow-ing, while more than 100,000 e-commerce
merchants are using cashbacks as a marketing tool and over 64% of con-sumers
belong to a rewards site. In overall, more than 10% of online retail sales are
generated by performance mar-keting affiliates, including cashback providers4.
At the same time, mass
adoption of cryptocurrencies is on-going, with more than 10 million active
wallets5 and total cryptocurrency market capitalization peaking at $800
bil-lion in early 20186.
As proven by these
statistics, it is clear that there will be an increasing demand for
blockchain-based cashback plat-forms designed to connect customers and online
retailers for mutual benefits.
PROBLEM
Affiliate shopping
networks have been a thing for quite a while, but traditional payment methods
used to pay members are expensive in fees and require a lot of private details,
time, and bureaucracy.
Existing platforms
utilize bank transfers, paper checks, and online payment processors such as
PayPal to pay their cus-tomers. These payment methods are not private nor
tru-ly global and include various fees, such reducing cashback commissions and
invading the privacy of users.
The affiliate industry
is often accused of handling confiden-tial customer data unethically to increase
their revenues1. This is made possible by customers needing to provide
per-sonal information and agreeing to questionable terms in order to receive
what they are owed. Submitting private information to cashback providers along
with personal or-der history is something customers understandably want to
avoid.
Another problem, from
the user’s point of view, is the delay between purchasing goods and receiving
the commission. On the existing platforms, it may take up to three months to
receive the actual cashback. That is a long wait, and far from the customer’s
ideal.
A consumer research
report by RetailMeNot2 Inc summed up the key preferences of cashback customers:
96% prefer not to use mail-in rebates 70% prefer payment in a form other than a
check more than 55% prefer to redeem cashback offers
online nearly 50% found cashback offers challenging
to re-deem
These results exhibit,
once again, that consumers want faster payouts, more convenient cashback
platforms, and modern payment methods.
SOLUTION
Our revolutionary
solution to the problem is the Dealjoy platform, which pays out cashback
commissions in our own Ethereum compatible DEAL tokens.
This allows us to
concentrate on finding the best deals and bonuses for our members instead of
dealing with inter-national wire transfers, consequently requiring minimum
payout limits and cutting down cashback percentages due to high payment
processing expenses
Dealjoy cashbacks are
paid out near-instantly and without a minimum threshold. Members can withdraw
their well-earned DEAL tokens to their wallets any time to be traded for other
cryptocurrencies, or held for potential value ap-preciation. Our
community-driven token model works to the benefit of token holders, lessening
the circulating sup-ply and creating buying pressure by repurchasing tokens to
be distributed back to the community as commissions.
Thanks to the nature of
the blockchain-based ecosystem, no identifying personal information is required
of our members. As cryptocurrency supporters and visionaries ourselves,
personal data protection is our top priority. We are confident that our
community will greatly appreciate this transparent and privacy-conscious
approach.
If you want to learn
more about the upcoming Dealjoy, Dealjoy Tim, and Token Sale platforms, see the
Whitepaper or visit the links below;
Website : https://dealjoy.io/
Whitepaper : https://dealjoy.io/files/Dealjoy_Whitepaper.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=4628510.0
Telegram : https://t.me/dealjoy
Twitter : https://twitter.com/dealjoyofficial
Facebook : https://www.facebook.com/Dealjoy
Medium : https://medium.com/@dealjoy
Reddit : https://www.reddit.com/r/Dealjoy/
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2318176;sa=summary
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