Rising prices, inflation and talk of interest rates increasing mean millions of Indians are facing a serious squeeze on their household budget. Most of us are probably looking at ways to shave costs, and if you regularly shop online, websites giving cashback are worth having a look as they can provide an easy way to save money on purchases.
Its a new emerging trend in India and is becoming a rage among masses. These sites gives the best available cashback offers to their customers and are gathering a very loyal customer base at a steady pace. More people are signing up not only because they can save money through these sites but also because they are getting discount which is more than discount available at stores websites.
Online shopping has become a big market in the recent times and these cashback sites are slowly becoming customer favorites because they pay a reward when you click through them to shop at specific online retailers.The way in which these sites work is simple. First, you sign up as a member on the site. Once you have set up your account, whenever you shop online you visit the same retailers as usual but via a link on your chosen cashback site. When you make a purchase, the retailer typically pays a commission to the site which they transfer to your account. The logic is simple if you are going to buy an item from a retailer anyway, and they are on the site, you might as well take the free money.
Online shopping is not a new phenomenon in the virtual world. Many cashback websites offer users a reward for referring others to the site i.e their friends, family, collegues etc, plus they also offer daily deals etc and rewards to increase traffic and maintain customer loyalty.
