The 'Earny' App Helps Users Get Cash Back on Their Online Purchases
Katherine Pendrill — May 6, 2016 — Tech
References: itunes.apple & techcrunch
'Earny' is a new app that helps consumers get cash back on purchases they have made after the prices drop. While price-checking is a good way to save a bit on each purchase, doing this manually can be a complicated and time-consuming process. This app does the work for you so that you can earn cash back without lifting a finger.
Earny works by connecting to your email or Amazon account to see what purchases you have made online. The app then carries out a price check on these purchases to see if the price has dropped. If it has, Earny will gather your e-receipts and request a refund on your behalf. While the company takes a portion of the cash back, it provides an extremely simple way for users to save a bit of cash on all of their online purchases.
Earny works by connecting to your email or Amazon account to see what purchases you have made online. The app then carries out a price check on these purchases to see if the price has dropped. If it has, Earny will gather your e-receipts and request a refund on your behalf. While the company takes a portion of the cash back, it provides an extremely simple way for users to save a bit of cash on all of their online purchases.
Trend Themes
1. Automated Price-checking - Opportunity for developing more apps or services that automate the price-checking process to help consumers save money and time.
2. Cash Back Apps - Opportunity for creating innovative apps that automatically track purchases and secure refunds for users when prices drop.
3. Personalized Savings - Opportunity for developing apps or services that provide personalized suggestions and deals based on user's purchase history, helping them save money.
Industry Implications
1. Retail - Opportunity for retailers to partner with or develop their own automated price-checking apps to offer customers price protection and savings.
2. E-commerce - Opportunity for e-commerce platforms to integrate automated price-checking features and cash back services to enhance customer loyalty and satisfaction.
3. Fintech - Opportunity for fintech companies to leverage automated price-checking apps and cash back services to attract and retain customers, offering them a seamless saving experience.
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