Kwik has had a great beta that taught us alot, and we’re excited to move onto the next chapter of a full scale launch. In this beta, we learned alot about ourselves and have really shaped our brand. We learned what we should do, where we’re going, and we want to help explain this direction and movement inside of Kwik.

Kwik

When most people truly learn what Kwik is, they often come out saying, “wow, that is totally unique,”.  However, we also want to do our best to break it down into something that might be easy to understand.

 

Kwik’s Pillars

Kwik does many things, which is why we’re unique. The one key piece that Kwik will have across all of our pillars: creating a universal system for both Brands and Users. If users have one place to go for their loyalty programs, cashback programs, affiliate programs, and other financial programs, it will increase customer/user retention because it becomes a super easy one-stop shop for everything. Now let’s describe those pillars:

Brand Loyalty Program

→ Yotpo: Yotpo is a comprehensive customer loyalty solution focusing on marketing automation. Through it, you can create almost all types of loyalty programs and monitor them from a single interface.

→ Smile.io: Smile.io stands out for its ease of use, friendly UI, and scalability. It is easy to set up and covers most loyalty program types any size of eCommerce business would need.

→ Belly: Belly is a popular pick for restaurateurs and small business owners looking to implement a point-based loyalty program. Customers enjoy using Belly also, because of its ease of use and quick signup and check-in processes.

Cashback Program

→ Honey: Honey is a free browser extension that searches for some of the best deals on the internet. With one-click, Honey will automatically search for and test available coupon codes at checkout on 30,000+ popular sites. In addition, Honey Gold is a free rewards program that allows you to earn cash back in the form of “Gold.” When you shop at one of Honey’s 5,000+ participating sites while using the Honey browser extension, you’ll earn a percentage of your purchase back in Gold.

→ Rakuten: Rakuten is a high-profile cashback app claiming to cover 3,500 stores and issuing payment through PayPal or by check. It also features travel savings on airfare, hotels, and car rentals.

Affiliate Program

→ Refersion: Refersion is an affiliate management solution that helps you grow sales. It offers affiliate signup forms and a place to design different offers. You can also calculate commissions and track affiliate sales per conversion.

→ Post Affiliate Pro: Post Affiliate Pro is affiliate referral software that runs your entire affiliate program from top to bottom. It is intuitive, fast, effective, infinitely expandable, and scalable.

→ Tapfiliate: Tapfiliate is cloud-based affiliate software for e-commerce, SaaS, B2B, and B2C brands who want to create, track, and optimize their affiliate marketing programs. Tapfiliate is a turnkey solution with 30+ integrations including Zapier, Shopify, WooCommerce, Squarespace, Stripe, and more. In addition, Tapfiliate’s affiliate software allows you to custom-brand your affiliate pages, referral links, and emails. It uses multiple languages and currencies, so you can easily run a global campaign.

Financial System

→ Venmo: Venmo allows you to pay and request money from your friends. At its core, Venmo provides a social way to pay your friends when you owe them money and don’t want to deal with cash.

→ Credit Card: Similar to many credit card systems that reward cashback on all purchases. You can pay off your credit card with your earned Kwikcash by buying and referring products.

→ Hyperwallet: Hyperwallet is a San Francisco-based financial technology company that provides a global payout platform to enable localized, multi-currency distribution to just about anywhere in the world. No matter who is being paid, Hyperwallet has a solution that fits – whether earnings, commissions, or royalties.

Kwik Continued…

Kwik will overlap with a lot of these companies. However, notice that if you wanted to participate in all these different things, you would have to go to at least 4 other apps to make it happen.

As an everyday person, you’re not going to join an affiliate program because it’s too much of a hassle. If you wanted to participate in all of your favorite brand’s affiliate programs, you would have to go to each individual website to share a link. The process of finding the website URL, logging in, locating the product, and pressing share for each site just doesn’t work. Additionally, in order to track your commissions and manage the payouts, you have to go back to each individual website again, type in the URL, find the login, login, and reset your password in order to get in.  After going through all that, it’s often not even clear when you get paid.

With Kwik, we will centralize this and make it more streamlined; you don’t have to sign up for an affiliate program, and as part of the brand’s Thank You for purchasing the product, you will automatically get a share link. When brands use Kwik, easily getting a link to share will be a part of the customer’s buying experience.

Because they’re on Kwik, the user will get a centralization of all their programs. So every time they buy something, it will show up on Kwik. Kwik makes it easy to share the product and view their commissions.  The user receives instant notifications on their phone when someone influences a purchase.  Then you’ll be able to immediately manage the commission through a Kwik transfer, spend it on other brands’ websites via rewards or products, send commissions to a friend, or send the money to a crypto investment.  You can even use the money to pay off a cashback credit card!  The list goes on and on… :D.

The icing on the cake is our patent pending waves technology. This technology gives true incentive to people to share the products and pays people in a meaningful way while not requiring a lot of followers. Kwik waves will pay you for every purchase you directly and indirectly influence. We do this through the utilization of blockchain technology to track each referral made. When new referrals send out, that chain continues and grows more and more links. I think of it as the snake game: every time you eat the white dot, the snake gets longer. This is similar to Kwik…every time you make a referral and someone buys because of your recommendation, that adds to the blockchain, and we pay a commission to everyone in that chain. We call that waves. One referral can turn into many exponentially as people go through that same process of recommending a product they love to their friends.

There is yet to be a company to quantify word-of-mouth marketing. But, with blockchain technology and our systems, we can. We can see who is driving sales for brands and the everyday person.  They will now get paid for doing something they’re already doing…buying a product they want and sharing it with their friend.

That’s Kwik.