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What advantages do companies have when they join the MyWorld Shopping Community?

Companies that join the MyWorld Shopping Community benefit from a variety of advantages aimed at strengthening customer loyalty and increasing sales. Here are the main benefits:

1. Customer loyalty and marketing tools

- Customer loyalty programs: Companies can offer customized cashback programs that are specific to their brand. This includes personalized cashback cards, a dedicated shopping app and a shopping portal in the company's design.

- Marketing tools: MyWorld offers a range of marketing tools to help businesses grow their customer base and increase customer loyalty. These include newsletters, social media presence and special offers that can be communicated directly to customers.

2. Cashback and Shopping Points

- Cashback: Customers receive cashback with every purchase, which encourages them to come back and buy more. This increases customer loyalty and the repurchase rate.

- Shopping Points: In addition to cashback, customers collect shopping points which they can redeem for further purchases or special offers. This provides an additional incentive for customers to shop regularly at the partner companies.

3. Increased visibility and reach

- Global reach: As part of the MyWorld community, businesses have access to a global shopping community of over 15 million shoppers. This significantly increases visibility and potential customer base.

- Local and international deals: Businesses can offer both local and international deals, which helps them reach a wider audience and market their products and services more effectively.

4. Flexibility and adaptability

- Customizable solutions: MyWorld offers flexible solutions that can be customized to meet the specific needs and requirements of businesses. This includes different versions of the cashback program that can be customized according to the scope and needs of the business.

- White Label Options: Companies can have a fully branded cashback program that is integrated into the existing brand image. This reinforces brand identity and provides a seamless shopping experience for customers.

5 Additional revenue streams

- Commissions and bonuses: Businesses can generate additional revenue through commissions and bonuses received for participating in the MyWorld community and promoting purchases.

- B2B features: MyWorld also offers special B2B features that allow businesses to benefit from the purchases of other businesses, creating additional revenue opportunities.

6. Support and training

- Professional support: MyWorld and its subsidiary Lyconet provide comprehensive training and support for businesses to ensure they get the most out of their cashback program. This includes training, marketing materials and ongoing support.

By participating in the MyWorld Shopping Community, businesses can strengthen their customer loyalty, increase their reach and develop additional revenue streams, while benefiting from comprehensive support and flexible solutions.

This article was published on 21.05.2024 by Carsten Mueller
Author's business opportunity:

Lyconet - Cashback shopping, Free to join
Earn money by building your own shopping community. Nationally, internationally, locally. Your choice. Be rewarded for the everyday purchases of your customers. Free to start.
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