The Lolli app, a rewards company, provides shoppers with the opportunity to delve into the cryptocurrency world and earn bitcoin while doing everyday online shopping. Customers can earn up to 30% back in bitcoin or cash for each purchase they make at over 10,000 stores associated with the company.
Customers can browse through featured partner companies, inducing brands like Nike and Sephora or enable the browser notifications, alerting them whenever they shop at a partner brand. This way, customers don’t miss out on earning free bitcoin for each of their purchases. Partner brands and retailers like eBay and Postmates pay Lolli each time incoming traffic from Lolli shops at their sites. In return, Lolli then pays its customer, resulting in free bitcoin.
According to Lolli, this will bring more investors into the cryptocurrency world as it provides a space for them to build their bitcoin holdings slowly and with ease. This platform uniquely makes cryptocurrency easily accessible.
Cryptocurrency Cashback Apps
The Lolli App Give You Bitcoin for Shopping at Your Favourite Stores
Trend Themes
1. Cryptocurrency Rewards Programs - Opportunity for businesses to attract new customers and encourage more spending by offering cryptocurrency rewards for purchases made.
2. Alternative Payment Methods - Opportunity for startups to develop new payment systems that utilize cryptocurrency to attract users who are interested in building their bitcoin holdings.
3. Blockchain-based Loyalty Programs - Opportunity for companies to create loyalty programs that use blockchain technology to track customer transactions and award cryptocurrency rewards in real-time.
Industry Implications
1. E-commerce - Opportunity for e-commerce companies to partner with cryptocurrency rewards programs to attract new customers and increase sales.
2. Financial Services - Opportunity for financial service providers to offer new products and services that incorporate cryptocurrency rewards, attracting new customers and increasing engagement with existing ones.
3. Retail - Opportunity for retailers to implement blockchain-based loyalty programs that allow real-time rewards using cryptocurrency, increasing customer retention and incentivizing repeat business.