OnBuy has announced a seller referral incentive scheme that will allow anyone to financially benefit from introducing retailers to the UK-born eCommerce marketplace.聽
The RetailTech 50 firm is allowing any individual or business to take advantage of its seller referral scheme, which has until now, been reserved for industry affiliates only.聽
The move means that anybody – regardless of whether they work within the retail industry, are an agency or simply have contacts in the industry – can refer a seller to the platform and receive approximately 10% of OnBuy鈥檚 revenue from the sales they make for the next 12 months.聽
The innovation follows the recent launch of OnBuy Cashback, which allows consumers to earn real money as they shop.聽
鈥淲e鈥檝e always believed in being fair, and anyone who refers a seller to OnBuy, deserves to be rewarded, especially at a time when the opportunity to earn any extra income, or extra revenue, will be gratefully received,鈥� said Cas Paton, CEO.
鈥淲e鈥檙e committed to improving the customer experience across our site by continuing to attract verified sellers that provide even more choice, quality products and an elite level of service.
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鈥淪ellers that we acquire because of a referral tend to be of a high standard and we would rather invest in incentivising people to recommend retailers they know and trust, than plough budget into indiscriminate lead-generation or agency fees.
鈥淎fter trialling a referral scheme for a few months, we saw huge success from the introduction of sellers and in return, a lucrative benefit for the referrer. We鈥檝e decided to drive this programme out far-and-wide, as an industry first seller referral programme.
鈥淭he first individual or business to refer sellers to OnBuy are the first to get paid for the introduction! The race is on! And the commission lasts for 12 months! We already have referrals generating 拢10,000 of cash for each 拢1 million of sales, being 10% of our revenue.
鈥淥nBuy prides itself on working with sellers and championing their success. We connect them with over six million engaged customers; offer fair policies and fees, real people who are here to help and we don鈥檛 sell anything ourselves, so they鈥檒l never have to compete with us.
鈥淲ith loads of new initiatives to further improve our seller experience in the pipeline for 2023,聽 this initiative is a win-win for all involved.鈥�