GLOBAL SHOPPING PLATFORM WESHOP MAKES RETAIL HISTORY WITH SPECIAL BLACK FRIDAY DEAL
WeShop the world’s first shopping platform that rewards free shares for every purchase will make retail history with a cost of living busting Black Friday deal.
The UK company is a unique shoppable social network allowing people to shop for everyday goods and items whilst simultaneously owning a stake in a major new business.
WeShop which launched this summer has already created a retail revolution by giving away FREE shares in the company every time a person purchases goods.
Typically shoppers who have joined WeShop are now owning shares in a company for the very first time, potentially allowing them to save for the future and be part of the company’s success.
Normally WeShop users receive 20 per cent of a purchase price in free shares. Now, for just three days only, for every purchase the customer will receive a whopping 100 per cent of the purchase price back in free shares.
This means that if you buy a pair of £100 trainers you will be given £100 worth of FREE shares in the company which can be traded or sold at a later point. Whenever you spend you earn shares which you can then view in your wallet within the WeShop app which is available on iOS and Android.
Simply open the WeShop app, click the retailer you wish to buy from, choose what you want to buy, buy it and then shares will appear in your wallet.
There are over 700 top retailers on the platform supplying over 1.2 billion products including Selfridges, eBay, Booking.com, ASOS, Pretty Little Thing, Majestic Wine, Fortnum & Mason, Net a Porter, FarFetch and Etsy.
The three days are Wednesday November 23, now known as WeShop Wednesday, Black Friday (Nov 25) and Cyber Monday (Nov 28) allowing Brits to hunt out the best Christmas bargains whilst simultaneously earning free shares.
It is expected that on average this Christmas we will spend £400 on Christmas presents meaning the average shopper will be rewarded with £400 worth of shares – a pound back for every pound spent!
WeShop Chairman Richard Griffiths said: “WeShop truly is the people’s platform and we are delighted to be doing everything we can to help our community during this cost of living crisis by matching every purchase with the equivalent amount of value in WeShop shares on WeShop Wednesday 23rd November, Black Friday and Cyber Monday.”
WeShop’s disruptive business model is purposely designed to take on the US based tech giants one purchase at a time by sharing the wealth built up in the company with the shoppers who have created it by their very own purchases.
The WeShop retail revolution is groundbreaking because it allows anyone to own shares, which will be trade-able on the stock market, by simply buying goods that they would otherwise have bought from online retailers they already purchase from.
So, instead of handing over yet more billions to the tech giants, WeShop has pledged to hand over 90 per cent of the company to its users. Initially for every purchase, 20 per cent of the price is given back to you in shares in WeShop.
As we all face a major cost of living crisis this is the most creative, and truly a world’s first, way of saving money. You can build a financial nest egg by simply carrying on with the same shopping habits.
WeShop’s revolutionary mechanism, means people using the platform earn an investment in the company, which will be listed, with each purchase, successful recommendation or introduction of a new member to the community. As the cost of living spikes and with almost half (48%) of Britons reporting they don’t have the extra cash put into a savings pot, WeShop allows shoppers to earn shares – and to grow their savings – simply by spending the money they usually would.
WeShop which will be 90% owned by its users, already has thousands of major brands on board allowing people to effectively shop from their own shop! WeShop is a first of its kind, community owned shoppable social network pioneering the implementation of true and fair share democratisation.
WeShop chairman, Richard Griffiths, added: “The way we shop has changed dramatically in the last ten years thanks to rapid advances in technology. While we’ve seen the dramatic growth of online shopping platforms – and their profits – none of them are designed to benefit the people who keep them going, the shoppers. That’s why WeShop was born, building a totally shoppable social network that is owned by the community. And to show we are serious, we’re giving away over 90% of WeShop to the people who use it. We think that the potential of WeShop is gigantic and will have a massive impact on the world of ecommerce and online retail. Imagine if Amazon had done this when they started, the wealth created by Amazon would have been shared amongst the people who made it successful, its users. Indeed, the world might look very different now, and that’s what we’re trying to achieve, a better, fairer and more democratised shopping experience for everyone.”
WeShop has the biggest retailers and brands available on the app across fashion, home and décor, tech and gaming. From ASOS to NET-A-PORTER and Etsy, from The Body Shop to Holland & Barrett, B&Q to Selfridges,, PC World to Carphone Warehouse, Nike to New Balance.
In addition to purchasing, with WeShop you can also monetise the power of recommendations. Whenever anyone buys anything you have recommended on WeShop you receive 10% of the value of the product in shares. And when a WeShopper introduces a new user then the WeShopper will also get 1% of the value the new user spends on the platform.
WeShop has the biggest retailers and brands available on the app across fashion, home and décor, tech and gaming. From ASOS to NET-A-PORTER and Etsy, from The Body Shop to Holland & Barrett, B&Q to Selfridges, PC World to Carphone Warehouse, Nike to New Balance.
