Mitgo fuels smart shopping innovation with major investment in Giftmio

Feb 24, 2024 2 min

We are excited to announce that Mitgo has invested $500,000 in Giftmio, a cutting-edge smart shopping extension.

This strategic investment aims to launch a cashback link generator enhancing the way publishers attract target audience and a new feature to share rewards.

With the new features and improvements, Giftmio is set to offer an even more seamless and rewarding shopping experience.

One of the standout features launched is the Cashback Link Generator, which significantly enhances how publishers attract and engage their target audience. This tool allows publishers to generate cashback links in one centralized section, eliminating the need to visit each advertiser separately. Additionally, publishers can add unique SubIDs to differentiate traffic sources, choose specific landing pages for their campaigns, and generate multiple cashback links simultaneously.

Benefits for publishers

The Cashback Link Generator offers numerous benefits for publishers:

  • Increased revenue: Publishers earn commissions on every completed purchase, with users’ cashback being at least 50% of the publisher’s commission.
  • High engagement: Users motivated by cashback will adjust browser settings to ensure rewards are delivered.
  • Long-term earnings: Publishers receive 50% commission on all purchases made by referred users within 12 months, averaging $20 per user.

The new sharing rewards feature

The new sharing rewards feature gives publishers more control over cashback distribution. Publishers can now set the cashback percentage for their customers and decide the share they retain. Here’s how it works:

  • Customizable cashback: Publishers can set the cashback percentage for each store. For instance, with a 10% commission rate and a 60% cashback allocation for customers, publishers retain 40%.
  • Default settings: If no custom percentage is set, the default cashback distribution is 50%.
  • Effective distribution: This distribution model applies to purchases made within 24 months from the user’s registration date.

Driving growth through strategic investment

Mitgo’s $500,000 investment in Giftmio is part of a broader strategy to enhance the platform’s capabilities and expand its user base. This investment will accelerate the development of new features like the Cashback Link Generator and Sharing Rewards, enabling Giftmio to deliver superior service and results for both users and publishers.

These tools ensure high-quality traffic, improved monetization, and enhanced user engagement. With over 30,000 store partnerships and super-fast cashback delivery within 7 days, Giftmio stands out as a premier tool for smart shopping.

Stay tuned for more updates as we continue to innovate and enhance the AdTech industry, driving growth and value for our partners and users alike.