Mohammed Shaker is an entrepreneur from Michigan, USA. In this interview he discusses his project, Panda CashBack, a rebate website that rewards online shoppers..
How important has e-commerce become these days?
E-Commerce has become part of our lives. It is a very growing sector that can’t be ignored with over $200 billion spent online in U.S. alone through 2012; Forrester expecting it to count for 9% of Retail shopping by 2016. I believe E-Commerce will exceed 10% by end of 2016 as more trends showing up today like Amazon Fresh, and eBay now, making it more convenient for people to shop at their own home and receive the item on timely manner.
Panda CashBack offer rebates in over 3000 online stores including major retailers. How does the website actually work?
This is the way our website works: we partner with online retailers, these retailers pays us a sale commission on every sale we make online, we take this commission and share it back with the user to reward them for shopping through us.
Your website has a strong fashion section. What are the most popular items sold on Panda CashBack?
Since our users are making their purchases at the retailer end, Panda CashBack doesn’t collect information about the items being purchased at these stores (it is anonymous to us).
There are quite a few websites doing similar things. How is your project different?
Our focus at Panda CashBack is the customer, our users can reach us with a single click through live chat, we have many exclusive partners who provide rebate exclusively through Panda CashBack. Furthermore, we offer unique opportunity for our users to generate a residual income by promoting our website compare to other sites that will give a onetime bonus.
What do you know about your users?
We collect from our users the information needed to process their payments, verify their accounts, and data that help improve their shopping experience with Panda Cash Back such as Favorite Stores.
What are the costs involved for shoppers and what assurances do you offer your users?
Our website is 100% free. There is no cost for signing up or using the website. The assurance we provide to our users is our reputation. Panda CashBack has been around since 2012, we are trusted by many organizations and accredited by industry leads like BBB accredited business.
How can people become Panda CashBack affiliate partners?
It is really simple for someone to partner with Panda CashBack; all they need to do is visit our website and sign up for the free account. Once they become a member, they can find affiliate links under Refer – A – Friend section, our approval is instant.