Swagbucks Launches Shop & Earn Rewards Program
Shopping has taken many twists and turns over the years. The most significant of which being the change from brick and mortar store fronts to online. Online shopping has become big business, with some retailers, like Amazon.com, not even existing outside of the internet. To this end, online shopping has further evolved to include programs such as those offered by Swagbucks.
Swagbucks has recently reached a user base of over 6.5 million registered members, with over $30 million in total rewards and more than five million physical items awarded to members. The Swagbucks, earned through every day web activity, reward members with currency redeemable for gift cards and products. Now, Swagbucks is poised to take the next leap in their consumer interactivity by rewarding members for shopping at over 300 partner retailers including Target, Wal-Mart, Kohl’s, Best Buy, Macy’s, the Apple Store, Sears, Disney, K-Mart and more.
This partnership will benefit both members and partner retailers as the holiday shopping season heats up. Swagbucks Shop & Earn program will reward members the same way as before, just with the added bonus of getting something extra in return for shopping they'll be doing anyway. According to the National Retail Foundation's latest report, online shopping will be at its highest since 2008, with the average consumer spending $750 or more. Becoming a Swagbucks member will just give consumers an extra benefit to shopping online.
“Everyone looks for the best deals and sales on the web, but Swagbucks actually rewards shoppers for the dollars they’re already spending with added value in tangible products,” said Scott Dudelson, COO of Swagbucks.com. "No other site rewards as many routine online activities with as many products from the most popular retail brands.”
In this age of the social media boom (and subsequent bubble) Swagbucks is one of those rare success stories, especially among rewards sites and their ilk. For the second year in a row Swagbucks was on Los Angeles Business Journal’s fastest growing private companies list – ranked #3 in 2011. That's probably where Swagbucks is succeeding where other companies have failed in the social realm. Swagbucks, being a private company, does not have to answer to the whims of the market and has a strong monetization plan.
When it comes to online rewards, earned through doing what you were going to do anyway online, you can't beat the Swagbucks program. Now, with all these partner retailers and rewards for what you were going to do anyway (shop online) they have definately positioned themselves and their members for a huge win in the marketplace.