Just launched in early September, but the IBG app has had wide coverage. In the face of this strong spread, there has been mixed information, which reflects untrue about the application of IBG.
Recently, many newspapers, news sites, websites simultaneously reported incorrectly about the IBG app. These pages say that the IBG cashback app, investment app, multi-level capital mobilization, scam application, ... is completely wrong.
If you understand the true nature and the mechanism of operation, the community will find that the IBG app is not a refunded "branded" application when compared to some other applications today.
So, what is the IBG app like?
"Cashback IBG application," 80% cashback shopping app "seems to be becoming a hot keyword phrase on google, social networks. But the truth is the IBG app is not a cashback. The IBG App is a platform that provides the IBG point accumulation service for loyal customers (Loyalty Point).
All exchanges of products and services in the IBG app ecosystem are covered by the IBG Points Service, with absolutely no fees in the form of currency (VND, USD) or any other legal currency. .
The IBG App is non-refundable. App IBG accumulates service points for loyal customers
After exchanging products and services through the IBG app, users will accumulate points up to 80%. This point is generated by the cashback algorithm automatically based on the exchanged value and returned to the point account for users who accumulate each day according to the formula: Accumulated points = (transfer value x 80%) x 0.2% / day. The result of receiving 80% of the refund is always greater than 15 months.
Take a specific example: When users exchange products with each other in the spirit of voluntariness and equality of both parties is equal to 100 IBG. Accordingly, the app will automatically refund the service accumulation points according to the algorithm's formula: (100 IBG x 80%) x 0.2 / day.
Based on this principle of Cashback, the IBG app helps stimulate user demand through the Loyalty Point program. Accordingly, when participating in exchanging products and services on the application, the user will be refunded the consumer value on the exchange demand from the business. Businesses participating in this ecosystem will be completely free and have the opportunity to reach a large number of potential customers. In fact, this application has been shown to help businesses increase revenue.
Regarding the Loyalty Point service for loyal customers (Loyalty Point), "giant" Grab has been very successful exploiting this market share in the Vietnamese market. It can be said that the IBG application is on the right track, with the aspiration to become the "second Grab" in Vietnam.
Properly understand the X5 function on the IBG app
If you look carefully, the application IBG and Grab have quite a lot of similarities not only about the Loyalty Point but also features X5, X3 to get more advantages.
The X5 is a smart 5 multiplier feature IBG accumulation service to get more benefits. As a result, users can exchange more products and services. Businesses can also optimize the number of IBGs compared with the initial cost. This is a tool to help retain customers, increase loyal customers.
Smartly multiply the IBG point service to get more points
The X5 feature on the IBG app is built in accordance with the slogan "Smart Living and Consumption" throughout the application development process.
Let's say you use 1,000 IBGs to trade a computer with a business. After the transaction, you have a calculator and get an 80% refund according to the Cashback algorithm. However, if 1,000 IBG points are converted to points, the equivalent of 5,000 points will be converted to IBG by the formula: 5,000 points x 80% x 0.2% / day. If you wait until the refund is complete, will you be able to buy 5 computers?
Does the IBG App call for investment with great packages?
The IBG App does not call for investment at all and titles like Silver (silver), Gold (gold), Platinum (platinum), and Diamond (diamond) are called user account ranks based on advantage.
Similar to the Grab app, user level is also divided by rank: Normal, Silver, Gold, and Platinum according to each number of points owned. Customers can completely use this point to use the services that Grab supports in their applications.
IBG application creates a multidisciplinary ecosystem to serve users
The appearance of the IBG application in the Loyalty Point domain is a bridge between users and businesses to create value for society. Consumers exchange more goods and save more, and businesses that provide products and services are more and more diversified. The increasing exchange of products and services by IBG will create positive changes in non-cash consumption, thereby contributing to boosting the country's GDP.
Nearly 1 month of launch, the IBG app has more than 3,000 registered accounts and hundreds of businesses from all industries and trades across the country join the IBG app.
Oh Vang Restaurant
Rova Supermarket (RovaMart)
"Translated by Google"