Intermediaries that refer people to a company to create a sale get a commission.

Many of the sales companies make are possible due to referrals. The internet has made this form of sale only more common as much of the content people consume is supported by the revenue content creators earn on referral pays. However, some times people already know what product they want and go straight to the business to complete their purchase.

Businesses decide on the retail price of their products by taking into account marketing costs of the sale.

When a person buys a product directly from a business without being referred by any form of marketing, he or she allows the business to get an extra sum of cash because the retail price had accounted for marketing cost. In such a case, people should be able to get a piece of the marketing fee that they allowed the business to retain. A new company is utilizing blockchain technology to make this possible.

Repay.me offers people to get cashback on any expense they make. The customers who are not being driven by discounts or marketing fees are allowing the businesses to save large sums of money that they have already accounted into the selling price. Repay.me allows customers who make purchases with the REME-coin to get that expense that businesses save as a cashback.

A Mutual Benefit

Businesses make constant efforts to grow their customer base. Repay.me offers them a way to give an incentive to customers who like the business’s products without being impressed by marketing efforts even. Consequently, as customers who simply like the product are able to enjoy cashback.

Incentivizing customer purchases by providing cashback is a unique marketing service offered by Repay.me.

Repay.me also leverages the unique data its token users’ will generate. If customers are willing to fulfill extra tasks that the businesses place in order to raise earned cashback, they can increase their cashback. Repay.me makes the bold statement that their service can provide as much as 100% cashback. While this may an outlier in most cases, it certainly is possible for the service to provide cashback by lowering marketing costs of businesses.

Repay.me can provide an unrestricted format for customers to purchase products they like at lower prices.

As the platform’s token is meant to derive value from purchase data, customers could have the option to provide businesses data for increased cashback. On an additional note, businesses could even give tasks that ask the customers to serve as ambassadors and promote the brand on their social media platforms to unlock great cashbacks.