The mobile payment system known as Ibotta has joined hands with Best Buy in order to put even more cash back into shoppers pockets.
Black Friday is the date set for the big event. Ibotta and Best Buy will become partners all the better to serve the clientele. Ibotta happens to be the best shopping application and setup you can find for miles.
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It is both creative and very novel in its technology. And the great thing is that those who enjoy some retail therapy on the side can save up on tons of money. It is hoped that the partnership will go a long way in changing trends in the industry.
Ibotta will be specifically helpful in pulling customers back into the ambit of the most economically lucrative day of the year – that is Black Friday. It is the wave of the future when all sales will be taking place online via mobile technology. And this is the first time in history that such an occurrence is taking place.
Plus the customers of Best Buy products get to save some hard-earned money too in the deals they make. Ibotta has over 5 million users in the US. Its mobile technology used to make purchases and sales is expected to burgeon by 400%. It will be a $7 billion market by the middle of next year.
“Mobile devices are an important part of the shopping experience and the Ibotta promotion gives our customers even more access to great deals while shopping at Best Buy,” said Keith Bryan, Vice President of Media for Best Buy.
The good thing is that customers get back a whole lot of cash every time they visit the site and make purchases. Up until now over a billion dollars worth of sales have taken place. Yesterday, Ibotta gained $12 million in profitable ventures. And it also announced its partnership with Best Buy.
The two are regular sidekicks in business alright. Black Friday awaits them. By employing Ibotta customers will get a discount of $15 on items bought from Best Buy on Black Friday. They will also get a money-back guarantee of up to $5 on each purchase worth $100 on that day in time.
And as if that were not enough they will get to earn $10 on a minimum spending of $10 over the weekend. Ibotta users employ the service on their smart phones 25 out of 30 days of the month. Thus it is very popular indeed. Black Friday is the ideal time to display some of the wondrous capabilities of Ibotta. It is a holistic experience affordable thanks to the latest technology.
"We’re proud to have built a great relationship with Best Buy and to be playing a role in their Black Friday promotional plans," said Bryan Leach, CEO of Ibotta. “Black Friday presents the ideal opportunity for us as a company to showcase exactly how Ibotta is able to seamlessly pair with a retailer or brand to bring the very best savings to shoppers on what is already the biggest cash savings day of the year," said Bryan Leach, CEO, Ibotta.
As a Denver, Colorado-based company, Ibotta has just begun its forays into the wonderful futuristic world of mobile sales and buying. This is indeed a new frontier that will provide fresh and exciting vistas for retail therapy in the times to come. Once you have downloaded the app onto your mobile phone, you can shop till you drop and get rebates too.
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The final surprise is when you get money back via gift cards. There are a thousand and one offers that are on display. And the rebates are on everything from groceries to apparel to electronic products and home improvement gadgets and tools. So make the most of this opportunity and avail the services of Ibotta now!