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Fondue

WTF - brands are still using coupon codes?

Fondue is an app that enables CashBack offers as an alternative solution to the archaic coupon code. Brands that use CashBack on their website pop-up and welcome series have substantially higher email/SMS capture, higher conversion rates, and nearly 30% more revenue than using coupons.

Instead of losing revenue to coupons, CashBack shoppers pay full price and then redeem post-purchase for either cash or store credit. More than half of users never even redeem the CashBack, and around 20% of users choose future store credit over actual cash. CashBack by Fondue is strictly more profitable than coupon codes.

Super easy to A/B test so that makes it a no-brainer for smart operators.

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