#faydashop

[faydashop]

Use Rewards and discounts for encouraging the customers to buy:-

Discounts and rewards are the keys for attracting customers for bringing them out of their purchasing capacity and buying the products and services. And it is seen that many online social platforms like flipkart , amazon , ajio etc. provide discounts to their customers. It is their key strategy on which their entire sales goes on . Similarly, d-marts, malls, showrooms etc also provide discounts and rewards to their customers to attract them. As they know customers are attracted towards discounts. They offer types of discounts in the form of percentages, buy one get one free discount, prepaid discount, membership discount, seasonal discounts, free-shipping discounts, wholesale discount etc. to their customers for encouraging them to buy their products and services and rewards like “one blanket free on the purchases above rupees 3000” , “one kg sugar free on the above purchases of rupees 1000”. 

But small retail shops rarely use discounting strategies to encourage customers to purchase. Their marketing strategy for selling is majorly bargaining . They don't provide discounts and offers to their customers , and this creates dissatisfaction for consumers as they get unequal discounts in bargaining. They differ their bargaining process from customer to customer which creates an equality in customers mind. Due to this they are not getting new customers as well as losing their existing customers. Because customers are shifting into digital platforms for shopping as each and everything is available online easily as compared to offline local shops. Customers aren't willing and able to search for anything nowadays because everything is available online for them. And this is encouraging the downfall of small retail shops. But here the application called “fayda shop” has arrived for solving the problem of small retail shops. It is a blockchain based loyalty platform which will provide small businesses an online platform for generating their revenues through offering crypto reward coins to their end consumers on their purchases. And consumers can redeem those rewards coins on their other purchases and can get max to max discount on their purchases through our application.

 So if you are a small retailer then download fayda shop via playstore.

[faydashop]

How does reward help to retain customers ??

In today’s era Customer retention is something that is one of the main aspects that every business focuses on! And for retaining the customers every business needs to come out with a marketing strategy therefore providing reward points is also considered as a strategy for retaining customers! How?? First of all, what are rewards? Rewards can be anything which is provided to the customers on their purchase and they can redeem them on their other purchase.

In today’s era online digital platforms like flipkart, amazon , meesho are taking over the market which is leading in the decreasing trend of traditional market. Because of the low customer’s reach. People are shifting into online digital platforms and big malls for shopping because they are providing exciting offers and rewards to their customers. They brought many offers for their customers for examples “ end of season sale”, festive sale”, “discount on specific brand” etc. and ,if we talk about big offline trading platforms, we have seen many big malls, d-marts, showrooms, etc providing rewards to their customers ,for example “one blanket free on a minimum purchase of 3000” , “ one kg of sugar free on the minimum purchase of 1000” etc. these all are strategies for increasing their sales as they knew that rewards attracts customers and motivate customers in their purchase. 

But!! What about small retail shops? They are losing their market scope because of the less customer crowd and the reason behind is less popularity. They are not known to every customer like flipkart, amazon etc. if any customer wants anything how do they search that shop? It is the major drawback for small retailers which is leading in decreasing their sales. Therefore they need to use some marketing strategies for retaining the customers. Now the thing is , how can they use these strategies for retaining customers? As they are not popular like malls , dmarts, so how can they use rewards as a strategy to retain customers? The solution is ...fayda shop! Many of you don't know about fayda shop , but let me tell you it is a application which will provide small local retail shops a platform for showcasing their products which will make them popular in a digital platform and also this application will provide rewards points to their customers on their purchases through this app and they can also redeem it on their other purchases. It will help those small businesses to retain their customers which will lead to generating  more sales for them. In this manner small businesses can also take advantage of customer retention like big businesses using this app. 

So don’t waste your time and install this application via playstore.

[faydashop]

How discounts can help in the growth of businesses?

This article will help you to understand how discounts can help in the growth of the business.

Did you know about “fayda shop”? No , right! Let me tell you that it is an application based  online loyalty platform that is providing the small local businesses a base for showcasing their products for reaching a more customer base.

And the speciality of this application is that it will provide reward points to the customers on their purchase through the app and customers can redeem these reward points in the form of a discount on their other purchases. Isn’t it exciting? And the topic for which you all are here reading this article is “how discounts can help in the growth of businesses”? So a fayda shop is the solution for that!

As we know that customers attract towards the discounts mostly , therefore discount can be a greater aspect in increasing the sale of any businesses. As we saw that the reason behind the popularity of big malls , d-marts, showrooms etc. is that they provide fixed discounts to their customers on their purchase . It could be in the form of “end of season sale”, “festive sale” , “festive discount” etc. so customers attract towards that and small retailers do not provide any kind of fixed discount to their customers , they run their discounting strategy specifically on bargaining. And, this is the major drawback that “fayda shop” have researched about! And came out with a solution of “crypto reward points' ' for those small retail shops so that they can compete with other online businesses. And as we know that discounts attract the customers and it will lead in generating more sales which will help in the growth of the business.

This is all about in this article , if you want to grow your business       

Download :- “fayda shop” via playstore for free.

[faydashop]

Why is customer retention equally important with customer acquisition?

In the competitive market, more than customer retention businesses usually focus on customer acquisition. They believe acquiring new customers should be their main goal. But it is not like that, “customer retention is equally important with the customer acquisition”, because retaining existing customers is also equally important for any business because if existing customers shift their preferences than the company will also lose its existing customers because of less efforts for retaining existing customers due to majorly focused on acquiring new customers. 

Now what happens is, it is majorly seen in today's world with the small local shops that after the commencement of online shopping applications local shops are neither getting new customers nor retaining existing customers.

And this is happening due to change in the preferences of customers

customers are totally dependent on online shopping even for their small to small and big to big necessities. And the reason behind the massive success of these online shopping applications is that they are providing convenience to their customers. They are delivering each and every product to their customers themselves. Customers don't need to come over to take their product. From small to small products to big to big products, they are delivering it to their customers. 

Even for shopping and viewing customers do not need to go to the stores. They can view the products and services offered by them while sitting in their home using the given applications and can shop whatever they want. And that's not specifically for products only. Many online shopping applications are also delivering home services to their customers like tutoring, makeover, housecleaning, etc. and the reason behind the changing preference of customers from local shopping to online shopping is that for buying n local shops customers needs to go to the shop for viewing the products and services and then they will get to know that whether the particular product or service is available for them or not .

This thing is time and money consuming for the customers. Simple thing is that in today's world no one wants to do hard work to get anything, and even if they are getting it easily, then surely not. Same thing is happening with local retail shops. When online shopping is providing them the convenience that they want , then why will they prefer offline local shops for shopping.and this is why in today's competitive market customers first preference is online shopping. And which is leading to the major downfall in the local businesses. 

And that is why it is important for local shops to retain customers as well as acquire customers.

But how?

so! The solution has already arrived in the market. “Fayda shop”!

So basically, faydashop is an application and a blockchain based loyalty ecosystem which will provide these local shops a digital platform for showcasing their products and services and for acquiring and retaining customers. 

It will provide an online platform to the local small businesses to make themselves available for their targeted customers. And for grabbing the attention of customers and attracting the customers it will provide crypto reward coins on the behalf of small local shops on every purchase to the end customer. And they can redeem those crypto coins on their other purchase and will get a discount on the purchases.

Therefore in this way local shops will be able to acquire new customers as well as retain existing customers.

So if you are a small retailer and want customer retention and acquisition , then download “fayda shop” via playstore for free!

The process of running this application is very simple , you only have to register your business in this app and add your products and services for your customers.

For any other query : Go to the official website “fayda shop”

                                  Go to the official youtube channel “fayda shop”

                                  Go to our linkedin profile “fayda shop”

[faydashop]

How  rewards and discounts play an important role in the growth of local shops?

In this article we'll see how rewards and discounts play an important role in the growth of local shops. Discounts and rewards are something that is used as a weapon for attracting the customers. We can even say that rewards and discounts are like a magnet who attracts the customers.

And it is often seen as a unique selling strategy of online shopping applications and big malls, d-marts, big-bazar etc. 

We have seen online shopping applications providing rewards and discounts and rewards for grabbing customers attention and for attracting them online shopping industries provide discounts and rewards to their customers.We have seen social online shopping applications providing discounts and rewards in many types :- like percentage discounts (50% off , 70% off, upto 80% off , flat 60% , max 40% off etc.), buy one get one free discounts (buy one get one free, buy one get two free, buy two get one free, buy two get four free, buy three get two free etc.) free shipping discounts(free shipping discounts are those discounts which are for encouraging sales . because due to shipping charges many customers do not prefer shopping online therefore encouraging those customers companies provide free shipping discounts), membership discounts(membership discounts are those types of discounts which are provided by companies to their customers on taking their membership),referral discounts(referral discounts are those kinds of discounts which customers get for referring a new customer to the business),email subscription discounts(email subscription discounts are generally offered for acquiring new customers) etc.. 

Even big malls , d-marts and showrooms often uses these kind of unique selling strategies to their customers and rewards like “bitcoins”, “get one kg sugar free on the above purchases of rupees 1000”, “get one blanket free on the above purchases of rupees 3000”, “get two buckets free on the above purchases of rupees 1500” etc.. 

And that is the reason why they are successful in today's world.

But local shops do not use discounts and rewards as a marketing strategy for attracting customers, their sales majorly run on bargaining basis. They rarely use these types of unique selling strategies for attracting the customers. Their sales are totally based on bargaining. So how can they attract the customers?

But ! Here is something already as a solution for local shops! And it is Faydashop! Did you know about faydashop? Let me introduce.. Faydashop is the blockchain based ecosystem which will provide small local shops a digital platform for reaching their target customers and make themselves available for their customers. Businesses have to list themselves in the application and then add up their products for showcasing to their customers. This is not it? To attract customers for local shops, faydashop will provide rewards to the end consumers on the behalf of local shops in the form of crypto coins . After each purchase customers will get a crypto coin which they can redeem on their other purchases and can get a discount on the specific product. Therefore, Faydashop is the solution for your problem.

In this way using fayda shops local shops can offer rewards and discounts to their customers and in this way discounts and rewards will become a great respect in the growth of local shops.

So, if you are a local shop retailer , then download faydashop  via playstore for free!

The process of running this application is very simple , you only have to register your business in this app and add your products for your customer.

For any other query : Go to the official website “fayda.shop”

                                  Go to the official youtube channel “faydashop”

                            ��     Go to our linkedin profile “faydashop”

[faydashop]

how local shops can be digitally available for their customers?

In today's competitive market , digital presence is very necessary , since digital media is growing their scope rapidly. And the reason behind the massive success of online shopping applications is their digital presence.

And online shopping applications like flipkart,meesho,amazon etc.. are digitally available for their customers and are very popular in the competitive market. 

The advantage of having a digital presence in the market is you can attract the customers. Therefore online shopping applications are now a first choice for the customers. And the reason behind that is they are providing convenience to their customers. They are delivering each and every product to their customers themselves. Customers don't need to come over to take their product. From small to small products to big to big products, they are delivering it to their customers. 

Even for shopping and viewing customers do not need to go to the stores. They can view the products and services offered by them while sitting in their home using the given applications and can shop whatever they want. And that's not specifically for products only. Many online shopping applications are also delivering home services to their customers like tutoring, makeover, housecleaning, etc. and the reason behind the changing preference of customers from local shopping to online shopping is that for buying n local shops customers needs to go to the shop for viewing the products and services and then they will get to know that whether the particular product or service is available for them or not .

This thing is time and money consuming for the customers. Simple thing is that in today's world no one wants to do hard work to get anything, and even if they are getting it easily, then surely not. Same thing is happening with local retail shops. When online shopping is providing them the convenience that they want , then why will they prefer offline local shops for shopping.and this is why in today's competitive market customers first preference is online shopping. 

And therefore it is very much important for local shops to make themselves available digitally for their customers.

But how?

How will it be possible?

Is there any solution for this problem?

Yes! So here's a presenting application called faydashop!!!

Let's discuss ...what is faydashop?

So basically, faydashop is an application and a blockchain based loyalty ecosystem which will provide these local shops a digital platform for showcasing their products and services and for acquiring and retaining customers. 

It will provide an online platform to the local small businesses to make themselves available for their targeted customers. And for grabbing the attention of customers and attracting the customers it will provide crypto reward coins on the behalf of small local shops on every purchase to the end customer. And they can redeem those crypto coins on their other purchase and will get a discount on the purchases.

And therefore in this way small local shops can be digitally available for their customers.

So you're a small local retailer then and want digital presence…and want to grow and expand your business,,

then,,Download faydashop via playstore for free!!

The process of running this application is very simple , you only have to register your business in this app and add your products and services for your customers.

For any other query : Go to the official website “fayda shop”

                                  Go to the official youtube channel “fayda shop”

                                  Go to our linkedin profile “fayda shop”

[faydashop]

How to stop the decreasing trend of small local business?

In today's world, trend is something which is the most radiant and important thing in the competitive market. If you did not go with the trend you will be known as backward and in case you are a retailer then you must follow the trend as customers go towards trend only.

Basically what is the term trend?

In simple words, trends can be stated as development or change in something and the change is liked by customers or demanded by customers the most.

And when we talk about trends for a market perspective , it is seen that nowadays online industries are very much in trend.

They are the first choice for consumers. And the reason behind that is they are providing convenience to their customers. They are delivering each and every product to their customers themselves. Customers don't need to come over to take their product. From small to small products to big to big products, they are delivering it to their customers. 

Even for shopping and viewing customers do not need to go to the stores. They can view the products and services offered by them while sitting in their home using the given applications and can shop whatever they want. And that's not specifically for products only. Many online shopping applications are also delivering home services to their customers like tutoring, makeover, housecleaning, etc. and the reason behind the changing preference of customers from local shopping to online shopping is that for buying n local shops customers needs to go to the shop for viewing the products and services and then they will get to know that whether the particular product or service is available for them or not .

This thing is time and money consuming for the customers. Simple thing is that in today's world no one wants to do hard work to get anything, and even if they are getting it easily, then surely not. Same thing is happening with local retail shops. When online shopping is providing them the convenience that they want , then why will they prefer offline local shops for shopping.and this is why in today's competitive market customers first preference is online shopping. 

And which is leading to the decreasing trend of the local businesses.

The problem is that small local shops can only make themselves available for their local and nearby customers. They can't even sell their products and services interstate. And for the growth and expansion of any business or even to survive in the competitive market every business needs a larger customer base. Which small local shops are lacking and therefore are losing their existence in the competitive market. 

Which is leading in the decreasing trend of local retail shops.

But the question raises,,,,.. “how to stop the decreasing trend of small local industries”?

And the answer is .,,,,,,faydashop!

But first let us understand what the fayda shop is all about?

So basically, faydashop is an application and a blockchain based loyalty ecosystem which will provide these local shops a digital platform for showcasing their products and services and for acquiring and retaining customers. 

It will provide an online platform to the local small businesses to make themselves available for their targeted customers. And for grabbing the attention of customers and attracting the customers it will provide crypto reward coins on the behalf of small local shops on every purchase to the end customer. And they can redeem those crypto coins on their other purchase and will get a discount on the purchases.

Andthis will lead to again the commencement of local retail shops in trend.

This way faydashop will be able to stop the decreasing trend of small local industries.

So if you are a small retailer and want to remain in trend , then faydashop is here to help you!!

Download faydashop via playstore for free!!

The process of running this application is very simple , you only have to register your business in this app and add your products and services for your customers.

For any other query : Go to the official website “fayda shop”

                                  Go to the official youtube channel “fayda shop”

                                  Go to our linkedin profile “fayda shop”

[faydashop]

Why do online industries use rewards and discounts for attracting customers?

In today's competitive market, everyone needs to use some sort of marketing strategies to attract the customers for generation of their revenue. And online industries use discounts and rewards for encouraging the customers to purchase. 

But here the question arrives,,Why do online industries use rewards and discounts for attracting customers?

Because, customers got attracted towards rewards and discounts. Like If you offer them “buy one get one free discount”, they get attracted towards the discount and impulsively will buy it whether the particular product is needed or not. 

And similarly with rewards, when they offer rewards like “one kg sugar free on the above purchase of 1000” etc. customers get attracted towards those rewards.

Therefore that's the reason we have seen  online  shopping applications providing discounts and rewards in many types :- like ,,,,

percentage discounts (50% off , 70% off, upto 80% off , flat 60% , max 40% off etc.),

buy one get one free discounts (buy one get one free, buy one get two free, buy two get one free, buy two get four free, buy three get two free etc.) 

free shipping discounts(free shipping discounts are those discounts which are for encouraging sales . because due to shipping charges many customers do not prefer shopping online therefore encouraging those customers companies provide free shipping discounts), 

membership discounts(membership discounts are those types of discounts which are provided by companies to their customers on taking their membership),

referral discounts(referral discounts are those kinds of discounts which customers get for referring a new customer to the business),

email subscription discounts(email subscription discounts are generally offered for acquiring new customers) etc.. 

And even  big malls , big bazar, d-marts and showrooms often uses these kind of unique selling strategies to their customers and rewards like “bitcoins”, “get one kg sugar free on the above purchases of rupees 1000”, “get one blanket free on the above purchases of rupees 3000”, “get two buckets free on the above purchases of rupees 1500” etc.. 

But it is often seen that small local industries do not provide discounts and rewards for attracting the customers. They often use bargaining only as their selling strategy. And this is the major reason for the decreasing trend of local industry. Because bargaining is not everyones cup of tea! It means that bargaining requires good communication skills with confidence, and the customers who were shy in nature were not able to bargain which causes dissatisfaction among them as they cannot enjoy discounts through bargaining then they shift themselves into online industries as they provide equal discount to each and every customer.

And this is the main reason why online industries are leading in the competitive market.

And if this continues then small local industries will surely lose their existence and survival in this competitive market. They need to bring a change in their selling strategies

But how?

So!so!so! Here is something already arrived for local shops! And it is Faydashop! 

Did you know about faydashop? 

Let me introduce..!!

Faydashop is the blockchain based ecosystem which will provide small local shops a digital platform for reaching their target customers and make themselves available for their customers. Businesses have to list themselves in the application and then add up their products for showcasing to their customers. This is not it? To attract customers for local shops, faydashop will provide rewards to the end consumers on the behalf of local shops in the form of crypto coins . After each purchase customers will get a crypto coin which they can redeem on their other purchases and can get a discount on the specific product.

So if you are a small retailer and want to grow and expand your business, then download “faydashop” via playstore for free!

The process of running this application is very simple , you only have to register your business in this app and add your products for your customer.

For any other query : Go to the official website “fayda.shop”

                                  Go to our official youtube channel “faydashop”

                                  Go to our linkedin profile “faydashop”

[faydashop]

How will blockchain disrupt the retail industry?

So the question is: How will blockchain disrupt the retail industry? Is it possible that the local retail industry can also be able to use a blockchain based platform?

As we know that blockchain is a database in which transactions are recorded digitally. It works as a digital ledger for recording the transactions. and It is a decentralized database whose authority is not in a single hand. It is accessible to each and everyone connected out there through a blockchain.

And the utmost benefit for using a blockchain based platform is that  it provides safety regarding the data of the business.

But hence it is a digital database that can be used by online retailing platforms, therefore local retailing is not getting the impact of this.

As it is seen that after the commencement of online shops there has been a massive disruption in the market economy. They grabbed the whole customer crowd from local retailing industries. Suddenly customers' preferences have changed. Which is said to be a great disruption for them. 

And hence it is leading in decreasing the trend of shopping in stores and small retail shops are losing their survival in the competitive market. 

But an application called faydashop has come out with India's first blockchain based platform for helping out those small retail shops which are unaware about the blockchain and its benefits and want to grow and expand their business.

So let's discuss ! What is fayda shop?

faydashop is India's first blockchain based loyalty ecosystem which will provide these local shops a digital platform for showcasing their products and services and for acquiring and retaining customers. 

It will provide an online platform to the local small businesses to make themselves available for their targeted customers. And for grabbing the attention of customers and attracting the customers it will provide crypto reward coins on the behalf of small local shops on every purchase to the end customer. And they can redeem those crypto coins on their other purchase and will get a discount on the purchases.

Now if we talk about disruption ! When local retailing industries will get a blockchain digital loyalty platform for showcasing their products and services and for attracting the customers , there will surely be a disruption in the economy which will lead to the accomplishment of local retailing industries.

Through a blockchain , all small local industries will be able to connect as a chain with themselves as well as will be available digitally for their customers also.

And the utmost thing is that it will grant safety regarding the data , so no one is able to hack or change the data recorded in a blockchain.

So if you are a small local shop retailer and want to expand and grow your business ,and want to use a blockchain platform, 

then download “fayda shop” via playstore for free!

The process of running this application is very simple , you only have to register your business in this app and add your products and services for your customers.

For any other query : Go to the official website “fayda shop”

                                  Go to the official youtube channel “fayda shop”

                                  Go to our linkedin profile “fayda shop”

[faydashop]

What is BlockChain? & How is it useful for business?

Basically , blockchain is a database in which transactions are recorded digitally. Blockchain was firstly commences in the 1990s and got existence in 2009. It works as a digital ledger for recording the transactions. It is a decentralized database whose authority is not in a single hand. The utmost benefit that blockchain gives is that It provides accessibility to each and everyone connected out there through the chain. Therefore it is difficult to change and even impossible to hack it. Therefore we can say that data recorded in the blockchain is the safest. 

Blockchain is very useful for any business as it provides a safety regarding the data of the business. As we know that it is a database which records the transactions digitally therefore it works as a digital ledger for the recorded transactions of any business. 

And the utmost benefit of blockchain is that it connects the audience with each other and works as a chain for them. And it is a decentralized database which is not single handed owned or whose authority is not being handled by the single person , but it provides the authority and accessibility to each and everyone connected with the blockchain. 

And of course ,Blockchain ensures the safety of the recorded data and it is difficult to change and nearly impossible to hack the data recorded in the blockchain.

But , thus blockchain is a digital database therefore cannot be used by offline local shops. And many of the retailers are unaware and are not known to blockchain. So how can they take advantage of this?

But an application called faydashop has come out with India's first blockchain based platform for helping out those small retail shops which are unaware about the blockchain and its benefits and want to grow and expand their business.

Let's discuss about the fayda shop! What is fayda shop?

faydashop is an application and a blockchain based loyalty ecosystem which will provide these local shops a digital platform for showcasing their products and services and for acquiring and retaining customers. 

It will provide an online platform to the local small businesses to make themselves available for their targeted customers. And for grabbing the attention of customers and attracting the customers it will provide crypto reward coins on the behalf of small local shops on every purchase to the end customer. And they can redeem those crypto coins on their other purchase and will get a discount on the purchases. 

So if you are a small local shop retailer and want to expand and grow your business ,and want to use a blockchain platform, 

then download “fayda shop” via playstore for free!

The process of running this application is very simple , you only have to register your business in this app and add your products and services for your customers.

For any other query : Go to the official website “fayda shop”

                                  Go to the official youtube channel “fayda shop”

                                  Go to our linkedin profile “fayda shop”

[faydashop]

Why is online local presence important?

In today's era , the presence of online marketing has exceeded offline marketing. After the commencement of popular online shopping applications like flipkart, amazon, meesho, ajio etc. customer`s preference has changed. 

They are totally dependent on online shopping even for their small to small and big to big necessities. And the reason behind the massive success of these online shopping applications is that they are providing convenience to their customers. They are delivering each and every product to their customers themselves. Customers don't need to come over to take their product. From small to small products to big to big products, they are delivering it to their customers. 

Even for shopping and viewing customers do not need to go to the stores. They can view the products and services offered by them while sitting in their home using the given applications and can shop whatever they want. And that's not specifically for products only. Many online shopping applications are also delivering home services to their customers like tutoring, makeover, housecleaning, etc. and the reason behind the changing preference of customers from local shopping to online shopping is that for buying n local shops customers needs to go to the shop for viewing the products and services and then they will get to know that whether the particular product or service is available for them or not .

This thing is time and money consuming for the customers. Simple thing is that in today's world no one wants to do hard work to get anything, and even if they are getting it easily, then surely not. Same thing is happening with local retail shops. When online shopping is providing them the convenience that they want , then why will they prefer offline local shops for shopping.and this is why in today's competitive market customers first preference is online shopping. And which is leading to the major downfall in the local businesses. 

The problem is that small local shops can only make themselves available for their local and nearby customers. They can't even sell their products and services interstate. And for the growth and expansion of any business or even to survive in the competitive market every business needs a larger customer base. Which small local shops are lacking and therefore are losing their existence in the competitive market. 

Therefore in today's competitive market online presence is very important for local shops to survive. 

But how can local shops make themselves digitally available for their customers? 

How can they define their digital presence?

Is there any solution for this problem?

Yes! The solution has already arrived in the market. “F

ayda shop”!

 So basically, faydashop is an application and a blockchain based loyalty ecosystem which will provide these local shops a digital platform for showcasing their products and services and for acquiring and retaining customers. 

It will provide an online platform to the local small businesses to make themselves available for their targeted customers. And for grabbing the attention of customers and attracting the customers it will provide crypto reward coins on the behalf of small local shops on every purchase to the end customer. And they can redeem those crypto coins on their other purchase and will get a discount on the purchases.

In this way small local shops can also ensure their presence in this competitive market.

So if you are a small local shop retailer and want to expand and grow your business ,this is how Faydashop will solve your problems. Because “Faydashop is here to be the savior of small retail shops”.

So download “fayda shop” via playstore for free!

The process of running this application is very simple , you only have to register your business in this app and add your products and services for your customers.

For any other query : Go to the official website “fayda shop”

                                  Go to the official youtube channel “fayda shop”

                                  Go to our linkedin profile “fayda shop”

[faydashop]

Fayda shop is here as a savior for small retail shops!

After the commencement of online shopping platforms, big retail chains like d-mart, Jio Mart, Big Bazaar and malls, small retail shops have totally lost their existence. Because customers are preferring online shopping applications like flipkart, meesho, amazon etc. and big city malls, d-marts, showrooms over small local retail shops. Because people are finding it convenient for shopping by using online shopping applications. And the main reason for the mass growth of online shopping platforms in terms of their customer grabbing power is they are making themselves available for their customers. And their customers can shop online while sitting at home only. Which is more convenient for customers than searching for a particular product in local shops. Customers are considering shopping in stores a waste of time as they can get whatever they want through online shopping.  Which is the main drawback of small local shops

And talking about big city malls and d-marts ,customers prefer them after online shopping applications.  And the reason behind that is they offer equal discounts to their customers. They often  uses these kind of unique selling strategies to their customers and rewards like “bitcoins”, “get one kg sugar free on the above purchases of rupees 1000”, “get one blanket free on the above purchases of rupees 3000”, “get two buckets free on the above purchases of rupees 1500” etc.. 

 And even online shopping applications offer discounts  and rewards for grabbing the customers attention and encouraging them to buy more and more . This is their unique selling strategy for attracting the customers , as they knew that customers will attract towards discounts and rewards . In India , for fulfilling any purpose greed is the tool that is being used. Similarly sellers want to fulfill their purpose of generating sales, so they greed the customers in the name of discounts and rewards for fulfilling their purpose. We have seen social online shopping applications providing discounts and rewards in many types :- like percentage discounts (50% off , 70% off, upto 80% off , flat 60% , max 40% off etc.), buy one get one free discounts (buy one get one free, buy one get two free, buy two get one free, buy two get four free, buy three get two free etc. ) free shipping discounts(free shipping discounts are those discounts which are for encouraging sales . because due to shipping charges many customers do not prefer shopping online therefore encouraging those customers companies provide free shipping discounts), membership discounts(membership discounts are those types of discounts which are provided by companies to their customers on taking their membership),referral discounts(referral discounts are those kinds of discounts which customers get for referring a new customer to the business),email subscription discounts(email subscription discounts are generally offered for acquiring new customers) etc.. 

But small local shops do not provide equal discounts to their customers.  

Their sales work on a bargaining basis. It means they provide discounts on bargaining only. Which causes dissatisfaction among those customers who are shy and cannot bargain . and this is one of the strong reasons for the loss of the existence of small retail shops. As they do not have their unique selling strategies like them.

Therefore, the fayda shop is here as the savior of small retail shops. Fayda shop will save the existence of small retail shops through attracting the customers by offering discounts and rewards to the end consumers. By shipping through faydashop customers will get a crypto reward coin on their purchase and they can redeem it on their other purchase and can get discounts.   Therefore in this way fayda shops will save the existence of small retail shops.

So if you are a small local shop retailer and want to expand and grow your business ,this is how Faydashop will solve your problems. Because “Faydashop is here to be the savior of small retail shops”.

So download “fayda shop” via playstore for free!

The process of running this application is very simple , you only have to register your business in this app and add your products for your customer.

For any other query : Go to the official website “fayda.shop”

                                  Go to the official youtube channel “faydashop”

                                  Go to our linkedin profile “faydashop”

[faydashop]

Discounts are a must for the growth and expansion of any business!!

Discounts are a must for the growth and expansion of any business! Why ? because discounts attract the customers and encourage them to buy more and more products. Therefore it is stated that discounts are necessary for the growth of any business. But in today's competitive market, what is the reason for the decreasing trend of small local businesses? Why are they not able to grow their businesses?

The reason is that after the commencement of digital online industries and big malls, and d-marts, the trend of traditional markets has decreased totally. This is why, because customers are getting each and everything by placing the order while sitting in their homes only. These online shopping applications like flipkart, amazon, myntra, meesho, ajio etc. are providing the customers convenience and ease. Because in today's world no one wants to search for anything . Everyone wants everything without putting any effort and without doing any hard work , and they are getting it because of online applications serving these facilities. And the trend of shopping in stores has gone because not every customer is willing and able to search for particular products they want . instead, they further prefer shopping online as each and everything as per their want is available for them online. 

And even another aspect in which online shopping industries and big malls and d-marts are leading in attracting the customers. For grabbing customers attention and for attracting them online shopping industries provide discounts and rewards to their customers.We have seen social online shopping applications providing discounts and rewards in many types :- like percentage discounts (50% off , 70% off, upto 80% off , flat 60% , max 40% off etc.), buy one get one free discounts (buy one get one free, buy one get two free, buy two get one free, buy two get four free, buy three get two free etc.) free shipping discounts(free shipping discounts are those discounts which are for encouraging sales . because due to shipping charges many customers do not prefer shopping online therefore encouraging those customers companies provide free shipping discounts), membership discounts(membership discounts are those types of discounts which are provided by companies to their customers on taking their membership),referral discounts(referral discounts are those kinds of discounts which customers get for referring a new customer to the business),email subscription discounts(email subscription discounts are generally offered for acquiring new customers) etc.. 

Even big malls , d-marts and showrooms often uses these kind of unique selling strategies to their customers and rewards like “bitcoins”, “get one kg sugar free on the above purchases of rupees 1000”, “get one blanket free on the above purchases of rupees 3000”, “get two buckets free on the above purchases of rupees 1500” etc.. 

But what about small local shops? They rarely use these types of unique selling strategies for attracting the customers. Their sales are totally based on bargaining. So how can they attract the customers? So!so!so! Here is something already as a solution for local shops! And it is Faydashop! Did you know about faydashop? Let me introduce.. Faydashop is the blockchain based ecosystem which will provide small local shops a digital platform for reaching their target customers and make themselves available for their customers. Businesses have to list themselves in the application and then add up their products for showcasing to their customers. This is not it? To attract customers for local shops, faydashop will provide rewards to the end consumers on the behalf of local shops in the form of crypto coins . After each purchase customers will get a crypto coin which they can redeem on their other purchases and can get a discount on the specific product. Therefore, Faydashop is the solution for your problem.

So if you are a small retailer and want to grow and expand your business, then download “faydashop” via playstore for free!

The process of running this application is very simple , you only have to register your business in this app and add your products for your customer.

For any other query : Go to the official website “fayda.shop”

                                  Go to the official youtube channel “faydashop”

                                  Go to our linkedin profile “faydashop”

[faydashop]

Faydashop is here to be “vocal for locals”!

In today's competitive world, after the commencement of digitals platforms the scope of traditional local business has gone downgraded badly. As we know after the covid pandemic , the businesses of major industries have been almost finished except for the medical shops and food grocery, as they are  the necessity goods, so demand for these goods increased more in the pandemic. Rest all industries have faced so much downfall in this pandemic. Like cloth industries, footwear industries, etc. as in this pandemic the demand for these goods have decreased. However, if we talk about small businesses , they have faced a major downfall. However it is seen that after the commencement of online shopping applications (flipkart, amazon, ajio, meesho, myntra etc.)and malls , d-marts the business of small local industries has been downgraded. People started shopping online rather than shopping in stores because of the convenience and ease that they are getting in shopping online.

 In today's world the activeness of people has totally gone. They don't want to do hard work for anything, they just want everything easily without doing anything , without investing effort in anything and this is the audience of today's world who are lazy and don't want to invest their time and efforts in shopping in stores. As if they want anything they need to search for it, which shop they should go to , where they got their product. So no one wants to waste their efforts and time in searching for anything. And not  everyone one is willing and even able to go to the market in search of anything. As they can get it while sitting in their homes only. Suppose someone has to get someone which is available in intercity , then why will consumers themselves go out of the city , incurring so much of expenses, when they can get it through online delivery.  So why should they waste their time and money to go to that ship for shopping. Because we can shop online from wherever we want, we can also shop out of the country while sitting in our homes through using the online shopping applications. This is the ease and convenience that these online shopping applications have come up with , which attracted the massive audience of the country, and they grabbed the customers of traditional markets. And this is the major reason why small industries have lost their customers and faced a major downfall. And if this same will goes on small local industries will be finished. And this is the big problem that should be solved. If the customers are not coming to them , they should go to their targeted customers . It means to survive in the competitive market and to compete with online shopping industries , local shops need to make themselves available for their targeted customers. They have to provide the ease and convenience to their customers as per their wants, for surviving in this competitive market. But the question is how it should be done? 

 Another aspect in which the local shop market  is lacking in comparison to online shopping industries is to attract the customers. They are not able to attract the customers because they don't have unique selling strategies like online shopping industries. The most used strategies of online shopping industries for attracting their customers are offering discounts and rewards to their customers. They offer discounts and rewards for grabbing the customers attention and encourage them to buy more and more . This is their unique selling strategy for attracting the customers , as they knew that customers will attract towards discounts and rewards . In India , for fulfilling any purpose greed is the tool that is being used. Similarly sellers want to fulfill their purpose of generating sales, so they greed the customers in the name of discounts and rewards for fulfilling their purpose. We have seen social online shopping applications providing discounts and rewards in many types :- like percentage discounts (50% off , 70% off, upto 80% off , flat 60% , max 40% off etc.), buy one get one free discounts (buy one get one free, buy one get two free, buy two get one free, buy two get four free, buy three get two free etc. ) free shipping discounts(free shipping discounts are those discounts which are for encouraging sales . because due to shipping charges many customers do not prefer shopping online therefore encouraging those customers companies provide free shipping discounts), membership discounts(membership discounts are those types of discounts which are provided by companies to their customers on taking their membership),referral discounts(referral discounts are those kinds of discounts which customers get for referring a new customer to the business),email subscription discounts(email subscription discounts are generally offered for acquiring new customers) etc.. 

Even big malls , d-marts and showrooms often uses these kind of unique selling strategies to their customers and rewards like “bitcoins”, “get one kg sugar free on the above purchases of rupees 1000”, “get one blanket free on the above purchases of rupees 3000”, “get two buckets free on the above purchases of rupees 1500” etc.. 

But the point is local shops are not often seen using these kinds of unique selling strategies for attracting the customers. Their whole sales majorly works on the bargaining process. They don't offer discounts and rewards like online industries and malls , d-marts. That is the second most common reason for losing their customers. Because customers get attracted towards discounts and rewards and if they don't get it why would they prefer these local shops for shopping, when they are getting large amounts of discounts through shopping online and from malls, d-marts. They provide discounts to their customers on the basis of bargaining. Now what happens is those who are experts in negotiations get a good amount of discounts in bargaining  and those who are not or have some shyness in negotiating they are not able to get a good amount of discount in bargaining. Now it causes dissatisfaction and partial feeling among those consumers who are not experts in bargaining. As local shops do not provide discounts and rewards like online shopping industries and malls, d-marts , consumers prefer to buy from them for getting a good amount of discount. And this is another reason for the decreasing trend of local shops. Which is the big problem to the extent of their survival. But the question is how the problem should be solved?

So! For answering the above two questions , and for solving the two major problems of local shops which are ruining the existence of local small shops, something has arrived.

Faydashop!! Do you know about Faydashop ? no? Wait….let me tell you…it is the solution for the above two major problems. So basically, faydashop is an application and a blockchain based loyalty ecosystem which will provide these local shops a digital platform for showcasing their products and services and for acquiring and retaining customers. 

It will provide an online platform to the local small businesses to make themselves available for their targeted customers. And for grabbing the attention of customers and attracting the customers it will provide crypto reward coins on the behalf of small local shops on every purchase to the end customer. And they can redeem those crypto coins on their other purchase and will get a discount on the purchases.

The first problem, which was for providing ease and convenience to the existing customers as well as new customers same as online shopping applications has been resolved by faydashop. Now small local shops can also make themselves available online for the ease and convenience of their targeted customers. Their customers will not need to go to the stores in search of any product . They can search each and every product and service of particle shops using the application fayda shop. The only thing that small shops need to do is to register themselves in  the Fayda shop, and add their product and services for showcasing to their customers. This will help in the growth and development of small shops as they can again grab their customers while selling online which will lead to the growth of these small shops . In this way the fayda shop will help the local business in the retention as well as acquisition of the customers.

And the second problem which was grabbing the attention of customers through discounts and rewards is also resolved by fayda shop. Faydashop will provide crypto reward coins on the behalf of local shops to their end consumers on every purchase and then the end consumers can redeem those crypto coins on other purchases and will get a discount on those purchases. This will attract the customers to buy from local shops using faydashop. In this way it will help the small local shops in their expansion and growth.

So if you are a small local shop retailer ,this is how Faydashop will solve your problems. Because Faydashop is here to be “vocal for locals”.

So download “fayda shop” via playstore for free!

The process of running this application is very simple , you only have to register your business in this app and add your products for your customer.

For any other query : Go to the official website “fayda.shop”

                                  Go to the official youtube channel “faydashop”

                                  Go to our linkedin profile “faydashop”

[faydashop]

11 ways to attract customers through offering discounts:-

Discounts are something that a customer wants for every time at the time of purchase. Discounts can be termed as a magnet for attracting customers for purchase. Discounts encourage customers to purchase and therefore providing discounts is the majorly used marketing strategy for the businesses. Discounts are of many types that we are going to discuss in following manner:-

Buy one get one free discounts:- it is the most common and used discount method by the businesses. It is a type of discount in which on buying one product the other product will be free. And it encourages the customers to buy that combo even if that product is necessary for them or not. Sometimes companies also offer discounts like “ buy one get two free” , “buy two get one free “ , “buy two get three free “ etc But the thing is that customers will buy it because they got attracted towards discounts. Therefore, attracting the customers to buy more and more quantity they bring offers like “buy one get one free”.

Discount in percentages:- providing discounts in the form of percentages is the most common method of offering discounts adopted by malls,  d-marts and online social platforms also. We Have seen malls and many online shopping apps providing percentage discounts to their customers. For example “ flat 50% off, upto 50% off , max 50% off etc depending upon particular brands and categories. Percentages may differ brand to brand , company to company , category to category and time to time etc. but it will attract the customers to buy more and more products. Many times customers also buy unnecessary products because of the heavy discounts. Therefore it is stated that discounts benefit the sales of the business a lot. 

Seasonal discounts:-  seasonal discounts are something which are provided to sell non season stocks. For example :- if a seller is selling winter blankets in summers at a discount it may attract some customers to buy it for the winter season. This type of discounts are only provided for selling previous year stock or you can also call these types of discounts ``clearance sales” as they want to clear their previous stock anyhow. Therefore this type of discount helps in selling previous stocks which are undervalued for the firm, but can be useful for some customers, that's why providing some seasonal discount on these stocks to their customers they sell their undervalued stocks.

Free shipping discounts:- free shipping discounts are those discounts which are for encouraging sales . because due to shipping charges many customers do not prefer shopping online therefore encouraging those customers companies provide free shipping discounts. And free shipping discounts encourage the customers to buy more products and get saved by paying shipping charges. Thus when sales do not occur as expected companies provide free shipping discounts to their end consumers for enhancing their sales and encouraging them to buy more and more.

Wholesale discounts:- wholesale discounts are the discounts which are provided by the sellers to their customers in the purchase of bulk quantity. The customers for wholesale are specifically retail customers which buy products in bulk quantity for selling to the end consumers. Retailers buy products in a lump sum amount for which they get a specific amount of discounts by the wholesalers on their purchases. Therefore for selling their products in bulk to the retailers, wholesalers provide a discount on buying the products in lump sum quantity to the retailers . This encourages retailers to buy more than they need and to stock the large quantity of products as they are getting more discounts in buying bulk quantities. Thus these types of discounts are used by wholesalers for enhancing their sales.

Membership discounts:-  membership discounts are those types of discounts which are provided by companies to their customers on taking their membership. This membership is also denoted by the term subscription which is popularly known. On behalf of this membership company charges some fee from the customers for taking that subscription or membership and in return customers can enjoy luxury membership discounts . Those discounts can only be avail by the membership customers. And this attracts the customers to purchase their membership for enjoying exciting discounts . This leads to generation of an additional income for the company

Referral discounts:-  referral discounts are those kinds of discounts which customers get for referring a new customer to the business. It is a strategy played by the businesses for acquiring new customers through the contact of existing customers. Suppose someone is a permanent customer in the particular business then by providing some sort of discount for bringing new customers to them is known as referral discount. For example myntra is providing a 100 rupee voucher on bringing a new customer which is if a new customer login with myntra and purchases something then the person who referred the new customer will get a rupee 100 voucher from myntra. This  way they greed their existing customers through offering  vouchers and also acquire new customers into their business. Thus it is the strategy that many businesses use for acquiring new customers.

Prepaid discounts:-  prepaid discounts are those discounts which are provided on the prepayment of any purchases. It means when someone makes their payment in advance they get some amount of discount which is known as prepaid discount. What happened is , the sellers don't want to encourage credit transactions as there are chances of occurring bad debts. As they want the immediate payment. Therefore to get the immediate payment they offer their customers some sort of discount , so that they make advance payment of the whole purchase. It is the strategy of attracting the customers to get full payment in advance. For example a seller has ordered an air conditioner for a customer , but the demand of the customer is that he/she will pay the entire amount after the order gets delivered. So in that situation the seller offers some discount to their customer so that he/she can make full payment in advance because of getting discounts. These are known as prepaid discounts.

Email subscription discounts:-  these types of discounts are generally offered for acquiring new customers. Online shopping applications like flipkart, amazon , ajio, myntra etc. often use this kind of marketing strategies for acquiring new customers. This is the kind of strategy which is done for insisting the people to login their application. They publish their advertisements on social media platforms like instagram , facebook, youtube etc. for example “login to this application you will get 100 rupees discount on first purchase”. This attracts the customers for downloading and logging in the application . it will bring a new lead for the businesses . For example, Meesho is providing a 100 rupee discount on logging in, then after logging in of a customer they get a new lead and after that they get their email ids in which they can promote their offers and sales by sending emails to their customers. So this is why they provide email subscription discounts.

Overstock sales:- when a firm purchases overstock due to getting wholesale discount and when it will start costing them for its storage space, the company used to do overstock sales for selling some inventory at a discount price to others . This is called overstock sales. Usually what happens is that when that overstock inventory starts occurring as a liability to them instead of an asset as it is not helping in generating the income , they used to sell those overstock inventories at discount for covering some amount of money spended to it . This is called overstock sales.

Rewards and loyalty points :-  these are the types of discounts which are provided in any form with the purchase to the customers. Customers get rewards and loyalty points on their purchases which they can redeem at the time of another purchase. 

The above mentioned discounts are majorly offered by online social platforms including big malls and d-marts also. But what about local shops? They don't use these kinds of discounts to attract customers . Is it the main reason for their downfall in the competitive market? Yes! As “discounts works as a magnet for attracting customers” every business should offer discounts from time to time to their customers for generating a good revenue. But small shops usually do not provide these types of discounts. Their selling strategy mostly depends on bargaining. Which is a big problem . but here's

 The solution ! “fayda shop”! It is an online platform in which small retail shops can get themselves registered and showcase their products . Through using this application their customers will get loyalty rewards points in the form of a “crypto coin” on their purchases and then can redeem it on other purchases. This will work to attract the customers for buying from small local hops also through this application. In this way small shops can also deal with discounting marketing strategies using this application for increasing their sales. 

So if you are a small retailer , download “fayda shop” via playstore for free!

[faydashop]

How start-up companies can grow their business?

In today's era of the young generation , the youth of our country have many new creative startup ideas . but the major problem they face is investment. They have ideas but they don't have enough investment for executing their ideas as per their plans. Therefore we can say that this is the major reason for the failure of new startup companies is investment . even their ideas are not bad though still they fail because of lack of investments . they can bring their startup into the market with small investment , but is it enough for surviving in the competitive market. No! You should have investment for the growth and expansion of business. We can take examples of cafes .They are very popular among the youths. It is a kind of startup which can grow excessively as it is very popular among the youth of the country . but because of the lack of investment they cannot grow and expand their business.  These are generally brought up by the young people around the age of 22-38. Their main objective is not stable earnings , they used to have fun by doing creative things. Because the people of this age group, the youth of the country ,have the creative ideas for running their startups , but they don't have enough investment for expanding their business. Even though they are popular among the youths, they are still not in reach with each and every targeted customer. Because to their target audience they need to spend some money on advertisements etc. but they don't have enough investment. And in one city there were many cafes, so how can these startup companies make themselves available for their target audience. What's the solution for this problem? Because it causes a lot of investment for marketing strategies like promotion, advertisement etc. Is it possible to do so, free of cost? Yes! The solution to this problem has already arrived in the market. Here's the application called “fayda shop”! that is ready to help these startup companies to grow and expand themselves. This is a blockchain based ecosystem which will provide a loyalty digital platform to the small businesses which need to grow their business. It is an application which will provide a digital platform for running their businesses, i.e, showcasing their products and services for their end consumers digitally. It will help these startup companies to make themselves available for their targeted customers digitally. They will get new customers when they will be available online for them. As their customers need not to search for them , they will get a larger customer crowd into their shops. Because of this application they can also retain their existing customers. And this all will happen free of cost. Also customers will get reward points in the form of “crypto coins” on their purchases and can redeem it on other purchases as well , and they will get a flat discount on those crypto coins . This will help in attracting the customers which will lead in the growth and expansion for these startup companies.

So if you are a startup company  and want to grow and expand your business free of cost ; then download fayda shop via playstore.

The process of running this application is very simple , you only have to register your business in this app and add your products for your customer.

For any other query : Go to the official website “fayda.shop”

                                  Go to the official youtube channel “fayda shop”

                                  Go to our linkedin profile “fayda shop”