Entrepreneur from Lucknow Launches Online Deals & Cashback Website in India
Lucknow, Uttar Pradesh – With the rise of domestic ecommerce giants such as Flipkart, Snapdeal and Myntra, not to mention huge investments from global ecommerce companies such as Amazon and eBay, there is no question that Indian consumer has never had it better. The e-commerce industry in India is expected to hit 3,00,000 crore by December 2017, as per industry body Internet and Mobile Association of India (IAMAI) and IMRB. In fact, online shopping in India has grown by 30% p.a. from December 2011 to December 2016, largely because of the sudden increase in the use of smartphones and mobile internet in the country.
Mr. Saxena, a 38-year old entrepreneur from Lucknow, Uttar Pradesh, is one of the growing number of young men and women in the country who have started online businesses of their own. Himanshu is a serial entrepreneur and has already launched or has been a part of multiple e-commerce ventures in the past.
He has now launched Deals4India.in, which is a cashback and coupon website that helps online shoppers across save money with coupons and offers from over 500 online retailers such as Flipkart, Snapdeal, Amazon India, Zivame, Ajio, Shopclues, Bigbasket, Infibeam, Jabong, Yepme, Paytm, AskMeBazaar, Abof and American Swan.
What’s more Deals4India allows for a double saving as it’s not just a coupon site, but also works as a very efficient cashback service. This means consumers will make money with every purchase made at an online retailer of their choice such as Flipkart, Snapdeal or Amazon, as long as they make it via Deals4India.in. They stand to gain a reward or cashback with every purchase.
Himanshu explains how it works: “We have borrowed the “cashback” model from top international cashback websites, Ebates.com and Swagbucks.com. It is an extension of the model that coupon websites work on. As you are aware, consumers can avail of free coupons on a coupon website and earn a discount on their purchase by entering the coupon code while checking out on an online retailer. Coupon websites get a commission from online retailers for sending buyers in their direction.
“Most coupon websites prefer to hold on to this commission. What makes a cashback website, such as Deals4India different is that we keep only a small part of this commission and share the rest with our customers. We deposit a cashback of about 3% to 10% of every purchase in our customer’s account on Deals4India, which they can withdraw to their bank account once it crosses Rs. 300. This allows them to get a discount from the coupons from the various offers available on our site and also to earn money on every purchase.”
Cashback websites are an exciting new development in Indian e-commerce for sure, but the execution is the key. Himanshu said that his team had got a comprehensive IT infrastructure in place to handle the rush of orders that he expected to come through from Deals4India over the next few months and was looking forward to the challenge of offering an exceptional service to tens of thousands of online shoppers across India.
Deals4India offers a Rs. 5 sign up bonus for anyone joining the site. Also, users can earn a referral bonus of Rs. 5 for recommending the website to a friend and getting them to sign up and after that, the user will get lifetime 10% of what his referral get.
Visit Deals4India for more information.
Deals4India.in is completely free online shopping cashback website, providing Online Deals, Discount Coupons & Deals Discussions in Online Deals Forum.
It is the best place to get best additional cashback on all of your online purchases, find amazing Online Shopping Deals & Online Coupons of leading e-commerce stores in India.
14, Hardoi Road, Lucknow
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