The retail sector is one of the fastest growing market sectors, approaching a net worth of over 28 Trillion USD. However, despite this incredible growth, this sector is yet to adapt to some new-age technologies such as cryptocurrencies and blockchain. Shping is a retail marketing platform, which offers the ultimate solution for brands and businesses to promote their products to the consumers.
The Shping platform derives its name from the word ‘shopping’. Shping offers retail consumers with cryptocurrency rewards for performing some actions that are beneficial to the brand, as well as to them. The platform rewards consumers using the Shping Coin (SHPING) cryptocurrency tokens.
Shping aims at bringing forward a retail revolution with this disruptive platform. The timing too, is perfect, as cryptocurrencies have caught the attention of the mainstream media as well as that of the consumers. Let us take a closer look at why the Shping platform is beneficial for users, brands and businesses.
Why Should Brands Use Shping?
For brands, the Shping market platform is a stroke of genius! It helps them fight one of the biggest problems – advertising overheads. The main aim of advertising is to ensure that the consumers are aware about the product as well as to educate them about the benefits that it offers. However, the Shping app can do this by making the consumers watch videos about the product by rewarding them with the SHPING cryptocurrency.
In addition to reducing the advertising expenses, Shping also helps reduce the market research costs. The platform eliminates the need for employing people to conduct market research as these surveys can now be carried out on the Shping App itself – motivating the consumers to fill these feedback forms and surveys in exchange for cryptocurrencies.
Finally, Shping is also creating a global product library where users can go through millions of products. As of now there are over 30 Million products listed on this database and more names are being added with every passing day!
Why Should Retail Shoppers Use Shping?
For the average retail shopper, cryptocurrency rewards are a whole new concept. However, considering the rise in cryptocurrency prices, many consumers would now be open to cryptocurrency rewards instead of traditional discounts. The Shping app offers cryptocurrency rewards to consumers- which they can hold over time as the value increases.
Moreover, the Shping platform also helps educate consumers about various products so that they can make a well-informed choice before they buy a product!
Shping Token Sale: How to Get SHPING?
SHPING – the Shping Coin cryptocurrency tokens can be obtained via the Shping Token Sale which can be accessed here: Shping Token Cart.
A total of 10 Billion Shping coins will ever exist in the markets. Out of these, 5 Billion coins are at sale in this token sale, priced in at $0.01 per SHPING, a total of $37 Million in all. As of now the only way to get these tokens is via the token sale, or via the Shping App. However, with time, cryptocurrency exchanges and open markets will trade in SHPING as well.