Brands are making the switch from coupons to CashBack
With CashBack, you can offer bigger incentives that boost list growth and conversion rates, all without taking the same financial hit as traditional coupon codes.
A discount alternative that’s a win-win for brands and shoppers
Coupon codes are just not cutting it anymore
You’re already giving away a lot of money in discounts. Your coupons are getting leaked to discount sites. And shoppers are just not as excited about 10% off as they used to be.
Switch to CashBack and see the immediate impact to your bottom line
With CashBack, shoppers choose to redeem the discount after purchase as cash or as a gift card to your store, driving repeat purchases. And since CashBack is more profitable than coupon codes, you can afford to offer bigger incentives that drive higher results.
Ridge dramatically increased SMS and email opt-in rates using CashBack
+44%
+39%
+37%
Connor MacDonald
CMO at Ridge
“We recently tested CashBack and ended up dramatically increasing opt-in rates. But because it was a stronger offer, we also increased the open rate, click through rate, and conversion rate. We ended up seeing all of these downstream effects of just having a stronger offer to begin with. And it ended up dramatically outperforming us just using a 10% discount.”
True Classic grew profit margins by 4.6% with CashBack
Like most clothing brands, True Classic operates with slim profit margins. Their team is hyper-focused on optimizing profit and loss above all else. Once Ben Yahalom, President of True Classic, realized discount codes may be doing more harm than good, he set out to find a new solution.
+67%
+10.8%
+4.6%
Ben Yahalom
President of True Classic
“We learned that consumers love CashBack offers and that we end up with a more profitable income statement as a result. It was such a win-win for us.”
Lumin increased welcome series revenue by 74% with CashBack
Skincare brand Lumin was looking for a more enticing welcome offer than the usual 10% off they were running to boost revenue. But they didn’t want to break the bank on discounts.
+74%
+22%
+32%
Dylan Chou
General Manager of DTC Business at Pangaea, Lumin’s parent company
“Once we finished the test, it was very easy to go 100%. It was just a few minutes of work and we were able to implement the CashBack program.”
Ready to put CashBack to the test?
Fill out the form to get in touch with our team, and they’ll show you everything our CashBack solution has to offer—and how easy it is to start with a risk-free trial.