WeShop, the shopping platform that rewards free shares for every purchase, has a Black Friday deal. Normally WeShop users receive 20 per cent of a purchase price back in free shares.
For three days only, for every purchase the customer will receive 100 per cent of the purchase price back in free shares. This means that if you buy a pair of £100 trainers you will be given £100 worth of free shares in the company which can be traded or sold at a later point.
Whenever you spend you earn shares which you can then view in your wallet within the WeShop app which is available on iOS and Android.There are over 700 top retailers on the platform supplying over 1.2 billion products including Selfridges, eBay, Booking.com, ASOS, Pretty Little Thing, Majestic Wine, Fortnum & Mason, Net a Porter, FarFetch and Etsy.
The three days are Wednesday November 23, Black Friday (Nov 25) and Cyber Monday (Nov 28).
IWeShop Chairman Richard Griffiths said: “WeShop truly is the people’s platform and we are delighted to be doing everything we can to help our community during this cost of living crisis by matching every purchase with the equivalent amount of value in WeShop shares on WeShop Wednesday 23rd November, Black Friday and Cyber Monday.”
WeShop will be 90% owned by its users.
Richard added: “The way we shop has changed dramatically in the last ten years thanks to rapid advances in technology. While we’ve seen the dramatic growth of online shopping platforms – and their profits – none of them are designed to benefit the people who keep them going, the shoppers. That’s why WeShop was born, building a totally shoppable social network that is owned by the community. And to show we are serious, we’re giving away over 90% of WeShop to the people who use it. We think that the potential of WeShop is gigantic and will have a massive impact on the world of ecommerce and online retail. Imagine if Amazon had done this when they started, the wealth created by Amazon would have been shared amongst the people who made it successful, its users. Indeed, the world might look very different now, and that’s what we’re trying to achieve, a better, fairer and more democratised shopping experience for everyone.”
