https://prwire.com.au/pr/78989/cashrewards-reaches-au-1-billion-milestone-in-australia
Over $1 billion dollars in revenue generated for retail partners since launch in 2014
Over $43 million savings generated for 420,000 CASHREWARDS members
Sydney 29 August 2018. CASHREWARDS, Australia’s largest Cashback website, today announces that it has generated over AU$1 billion in revenue for its growing list of retail partners since the company was founded in 2014.
According to CASHREWARDS CEO and founder Andrew Clarke, the milestone event demonstrates the company’s value proposition for brands and consumers in Australia – creating positive connections with brands whilst helping members with the increasing cost of living by offering real cash savings.
Clarke commented, “The $1 billion milestone is significant for CASHREWARDS for three key reasons. It demonstrates how over 1200+ Australian and Global retail partners are realising the value our new and previously untapped channel delivers; illustrates the hard work and dedication of our 60+ strong team, and, critically, gives back tangible CASHREWARDS to the bank accounts of Australian shoppers.”
The company has a simple and transparent business model. Retailers pay CASHREWARDS a commission to drive traffic to their website and CASHREWARDS passes on a percentage of this commission to its members. For retailers, CASHREWARDS offers a new pay per sale channel to the consumer, whilst the consumer is rewarded with cashback and savings; there is no fee to join.
Booking.com is one of the 1,200 + retailers (which includes Amazon, eBay, Apple, David Jones and Woolworths) realising the additional revenue and expanded consumer audience that CASHREWARDS provides. Yury Glikin, Area Manager – Strategic Partnerships, said; “CASHREWARDS is a valued part of our omni-channel retail strategy, delivering incremental revenue, incremental customers and a positive, frictionless channel to market. The growing online retail sector in Australia is increasingly competitive so the incentivised consumer audience that CASHREWARDS delivers Booking.com complements our own sales and marketing activities.”
The company was founded and bootstrapped by established entrepreneurs Andrew and Lorica Clarke in 2014, who had seen the concept of cashback rewards programmes flourish in the US and UK. Since its 2014 launch, the company’s success has been recognised by over 18 national business awards, including winning the Deloitte Tech Fast 50 in 2016 with a 12,469 percent growth rate (the second highest growth rate in the history of the awards); AFR 2018 Most Innovative Companies, Westpac Business of Tomorrow 2017; a finalist in the 2017 Telstra Business Awards and named the fourth fasted growing company in Australia according to Smart50 2017.
In addition to giving back to the Australian consumer, the company is also a proud partner of Pledge 1%, a corporate philanthropy movement pioneered by Salesforce and Atlassian. CASHREWARDS gives one percent of all Cashback rewards, one percent of its equity and one percent of its time to The Starlight Children’s Foundation. Clarke says proudly “ Every time our members shop with CASHREWARDS they not only save significantly on everything they buy they also help sick children and their families through our partnership with the Starlight Children’s Foundation. It’s win-win for the consumer, and the children and for CASHREWARDS where giving back is in our DNA.
For more information please visit www.CASHREWARDS.com.au
About CASHREWARDS
With over 420,000 members, Australian owned and based CASHREWARDS is the nation’s largest, most trusted Cashback shopping community.
CASHREWARDS is free to join and its members receive a percentage of every dollar back when shopping as normal at over 1,200 stores such as Amazon, eBay, Apple, Booking.com, David Jones, Woolworths and many more. The stores pay CASHREWARDS a commission for sending its members to them and CASHREWARDS shares the commission with those members.
Since inception, CASHREWARDS has generated in excess of $1 billion in sales for its merchant partners, given back over $43 million to their members and have helped over 2,000 children through its partnership with the Starlight Children’s Foundation.
For media enquiries, please contact: press@cashreward.com
This Sunday 26 August is National Dog Day and CASHREWARDS wants to use this opportunity to raise awareness and support dog welfare by donating as much as they can to The Vanderpump Dog Foundation, a dog rescue organization, founded in 2016 working on the international front to help create a better world for dogs globally.
For 3 days (26, 27 and 28 August) CASHREWARDS will be donating to the Vanderpump Dog Foundation 2% of all Commission they receive for sales through their site on popular partner pet supply shops Petbarn and Pet Circle.
The CASHREWARDS team hopes to spread awareness through a social campaign that will launch on Instagram on Sunday supported by some well-known Instagram dog-lover influencers, CASHREWARDS members, and their spokesperson Kathy Sheeran from Shopping Confessions.
“I am a great advocate of CASHREWARDS, I truly believe shopping through CASHREWARDS is the smartest way to shop, not only because of savings and the Cashback I receive; but because it is an organisation with ‘giving back’ at the heart of what they do. I am extremely happy CASHREWARDS is taking the initiative to support dog welfare, as a dog owner; knowing that I can help other dogs in need by just doing my usual shopping for our beloved Maui through CASHREWARDS is actually beyond satisfactory” said Sheeran.
CASHREWARDS are committed to giving back, not only to their community of loyal shoppers but also to worthy causes. CASHREWARDS is also a proud partner of Pledge 1%, a corporate philanthropy movement pioneered by Salesforce and Atlassian. CASHREWARDS gives 1% of all cashback rewards, 1% its equity, 1% of its time to the Starlight Children’s Foundation, so when you shop with them not only do you know you’re saving money you’re also giving to sick children and their families at times of need.
About CASHREWARDS
With over 420,000 members, Australian owned and based CASHREWARDS is the nation’s largest, most trusted Cashback shopping community.
CASHREWARDS is free to join and its members receive a percentage of every dollar back when shopping as normal at over 1,200 stores such as Amazon, eBay, Apple, Booking.com, David Jones, Woolworths and many more. The stores pay CASHREWARDS a commission for sending its members to them and CASHREWARDS shares the commission with those members.
Since inception, CASHREWARDS has generated in excess of $1 Billion in sales for its merchant partners, given back over $40M to their members and have helped over 1,800 children through its partnership with the Starlight Children’s Foundation.
Andrea Korte, Enterprise Solutions representative at Boulder-based Scaled Agile, Inc., tends to one of the horses used for Equine Assisted Therapy at the Rocky Mountain Riding Therapy Center during Scaled Agile’s recent Day of Service for Pledge 1% Colorado.
Korte was one of more than 50 Scaled Agile employees who volunteered to support Scaled Agile’s commitment to Pledge 1%, a growing global movement that encourages companies and individuals to contribute one percent of equity, resources, and expertise back into their communities. Throughout the day, Scaled Agile employees volunteered to provide assistance to Rocky Mountain Riding Therapy Center and five other Boulder County organizations: Attention Homes, EFAA, Harvest of Hope Pantry, Sister Carmen Community Center, and Wish for Wheels.
In July, Scaled Agile made a $115,000 contribution between Pledge 1% Colorado, a program of Community Foundation Boulder County, and the foundation itself. An additional $60,000 in cash donations was made to Attention Homes, EFAA, Harvest of Hope Pantry, Rocky Mountain Riding Therapy, Sister Carmen Community Center, and Wish for Wheels following the company’s Day of Service.
About Scaled Agile, Inc.
Scaled Agile, Inc., is the provider of SAFe®, the world’s leading framework for enterprise agility. Through learning and certification, a global partner network, and a growing community of over 250,000 trained professionals, Scaled Agile helps enterprises build better systems, increase employee engagement, and improve business outcomes. Scaled Agile is a contributing member of the Pledge 1% corporate philanthropy and community service movement. Learn about Scaled Agile and SAFe at scaledagile.com and scaledagileframework.com.
RESEARCH TRIANGLE PARK, NC, August 14, 2018 – Coleman Insights announced today that it has joined Pledge 1%, a global movement inspiring companies of all sizes to integrate giving into the DNA of their business. Over 1,500 companies in 40 countries have joined the movement.
As a Pledge 1% member, Coleman Insights will donate one percent of its annual profits and one percent of the services its produces each year to non-profit organizations that meet criteria set by a committee of company employees. In addition, Coleman Insights employees will donate one percent of their annual working hours to volunteer on behalf of non-profit organizations,
Coleman Insights President Warren Kurtzman explains, “We decided to publicize our participation in Pledge 1% not to pat ourselves on the back, but to encourage other media and research companies in the industries we serve to build giving back to their communities into their everyday business practices. A program like Pledge 1% is perfect for companies willing to make a specific commitment to supporting community and charitable organizations.”
“We are incredibly excited that Coleman Insights has taken the pledge,” said Amy Lesnick, chief executive of Pledge 1%. “Coleman Insights can play a pivotal role in building this movement and promoting a new normal in which all companies—big and small—integrate giving back as a core value in their business.”
Learn more about the Coleman Insights Pledge 1% initiative here.
About Coleman Insights
Coleman Insights, headquartered in Research Triangle Park, NC, with offices in Philadelphia and Hamburg, Germany, is a research firm that has helped media properties build strong brands and develop great content since 1978. Its clients include hundreds of media properties in North America, South America, Europe and Asia, including those owned by iHeartMedia, Entercom Communications Corporation, Univision, Bonneville International Corporation, Hubbard Radio, Newcap Radio, Emmis Communications, SummitMedia, Bauer Media, Salem Communications, Connoisseur Media, Corporación Radial del Perú, Neuhoff Media, Delmarva Broadcasting Company and Townsquare Media. Additional information about Coleman Insights is available at www.ColemanInsights.com.
About Pledge 1%
Pledge 1% is an effort spearheaded by Atlassian, Rally, Salesforce and Tides to accelerate their shared vision around integrating giving back into businesses around the world. Pledge 1% encourages and challenges individuals and companies to pledge 1% of equity, product and employee time for their
communities, because pledging a small portion of future success can have a huge impact on tomorrow. Pledge 1% offers companies turnkey tools and best practices, making it accessible for any company to incorporate philanthropy into their business model. To learn more or to take the pledge, please visit www.pledge1percent.org.
Originally posted on Comunal Communidad Altruista’s blog.
Nos complace anunciar que “COMUNAL Comunidad Altruista” se une al movimiento mundial Pledge 1% cómo compromiso filantrópico.
Pledge 1% empodera a diversas compañías para tener un compromiso y una promesa de donar, 1% de producto, 1% de capital, 1% de utilidad o 1% de tiempo para aportar algo positivo a proyectos sociales alrededor del mundo.
Pledge 1% es un esfuerzo en conjunto para acelerar la visión de integrar la filantropía dentro del modelo de negocio de empresas a nivel mundial.
En COMUNAL tenemos el objetivo de informar, sensibilizar y motivar a las personas para apoyar diversas causas sociales, conectando organizaciones sin fines de lucro, empresas y personas para ayudar a quienes más lo necesitan.
Es muy importante para nosotros este compromiso ya que no solamente afirma lo que somos como empresa social, sino la visión que tenemos para generar conciencia social.
Para conocer más pueden revisar www.pledge1percent.org
By Abigail Summerville. Originally published on Boston Business Journal.
Boston-based Bullhorn Inc.’s latest philanthropic efforts include joining global initiative Pledge 1% and partnering with national nonprofit Year Up.
As a member of Pledge 1%, the software company for staffing and recruitment firms is committing itself to donate one percent of its profit and other resources, such as employee time and products, to benefit the local community. At Bullhorn’s annual North American staffing and recruiting industry conference on Thursday, it will match all donations to Year Up and Career Collaborative, up to $50,000.
The company already has a 12-year-old philanthropic arm, Bullhorn Cares, which has raised $500,000 to date. Bullhorn employees also donate their time by providing free services to those in need. One current beneficiary of Bullhorn Cares is Career Collaborative, a local nonprofit that provides training, job-search assistance and job retention support for clients who start off unemployed or underemployed.
“There’s a real sense of engagement that people get out of that type of hands-on interaction with nonprofits, but especially with the people they serve,” Bullhorn founder and CEO Art Papas said in an interview with the Business Journal on Wednesday. “It creates a powerful allegiance and loyalty to the organization. (Employees) feel like the company is investing in you and also the community.”
Papas, who has served as board chairman of Career Collaborative since 2015, decided to partner with Year Up, a similar non-profit that also aims to close the opportunity gap. Year Up helps urban young adults land jobs by teaching them the skills needed by today’s companies.
“We felt like we also wanted to touch the youth because Career Collaborative is solely focused on adults or young adults. We wanted to go a little bit earlier,” Papas said. “There aren’t a lot of programs that bridge the gap between end of childhood and work.”
Papas said he hopes other companies will follow in Bullhorn’s footsteps and embrace these two organizations in their own philanthropic endeavors.
Originally posted: June 28th, 2018
Originally published via PR Newswire.
BOSTON, June 14, 2018 /PRNewswire/ — That’s the message from Boston Tech Entrepreneur Barry Hinckley, who today launches his innovative new growth mechanism in a play on words termed “IPO” or Initial Philanthropic Offering.
In the first of its kind, Hinckley’s IPO will see him pledge at least 10% of his company, to nonprofit organizations that partner with Yotme during its initial rollout and brands that support charities via their Corporate Social Responsibility programs.
The launch pad for Hinckley’s pioneering IPO mechanism is the Yotme social relationship management and experience marketing platform. For the uninitiated, Yotme is a new and truly social network that allows nonprofits and brands to engage customers and supporters while creating the world’s largest, most effective social impact platform.
Inspired by Pledge 1% and the work of The Boston Foundation, Hinckley conceived a way to donate to not just 1% of his personal Yotme shares, but 10% of the entire company to nonprofit organizations.
With Hinckley’s goal being to build a “billion dollar business” and the market opportunity there to do it, early adopting nonprofits that begin leveraging Yotme’s platform, will be eligible to share a potential equity stake of tens of millions of dollars.
Under the terms of the IPO, nonprofits that use the Yotme platform to sell tickets to their events, may be eligible to a 5% credit against the revenue they generate. These credits will be tracked internally by the Yotme team. On the occasion of a liquidity event, the Boston Foundation, as the custodian of the Yotme Charitable Fund, will be responsible for distributing grants to eligible charities based on the resulting available funds.
“The Boston Foundation has a long history of working with business and other organizations to strengthen and expand their philanthropy,” said Paul Grogan, President and CEO of the Boston Foundation. “This IPO concept is a unique way for Yotme to demonstrate its commitment to the nonprofit sector and potentially drive millions of dollars in charitable donations in years to come.”
And the great news for 501(c)3 charities, who Hinckley has noted are often budget constrained and “under-teched”, is that Yotme is giving access to its platform for free. With Yotme, organizations can do everything from invites, ticketing, event and consumer relationship management, event marketing and real-time messaging.
Yotme enters a social networking market, which thanks to the dominance of Facebook and the big 4 social networks, have seen many tech entrepreneurs head for the hills. But not Hinckley and his team:
“In a sadly divided world, I want to create a social network that brings people together and rewards them for positive social activity,” said Hinckley. “By sharing our technology and growth with nonprofits and brands, we believe we can nurture an ever increasing society of people and businesses who strive to combine commercial viability with social responsibility.”
By inWhatLanguage. Originally published on the inWhatLanguage blog.
inWhatLanguage prides itself on being a mission-driven translation and localization company. As a company, we recently made the pledge to donate 1% of our revenue to our social impact initiatives. Our donation is made primarily in the form of translation services and goes towards our four social impact pillars.
inWhatLanguage’s first impact pillar is working to assist English Language Learners (ELLs). inWhatLanguage does this through donating translations to schools and organizations across the United States assisting ELLs. We recently provided 13 grants (in the form of translation services) to schools across the US for this cause.
Our second social impact pillar is providing translations to organizations like the World Health Organization, which respond to crises and disasters around the world. In these situations, translation is critical to aid the coordination and communication between different responders on how to provide the most effective relief strategy.
Our third social impact pillar is supporting and empowering our linguist network to do good in their own communities. We recently opened up a micro-grant program for our linguists to carry out community improvement projects.
Our fourth social impact pillar is fostering international trade and diplomacy. We do this through providing translations to World Trade Centers and other organizations fostering international trade and diplomacy.
With all of this in mind, we realized one of the best ways to solidify our social impact mission was by becoming a Pledge 1% member.
“I knew when I founded inWhatLanguage I wanted to use the business as a vehicle for good. Pledge 1% helped us to solidify our commitment of donating 1% of our revenue and translation services to critical causes, and also allowed us to join a like-minded community of businesses committed to doing good in the world,” said Cody Broderick, CEO and Founder of inWhatLanguage.
Pledge 1% is the leading organization facilitating a corporate philanthropy pledge model in the world. Pledge 1% is a global movement to create a new normal in which giving back is integrated into the DNA of companies of all sizes. Pledge 1% encourages and challenges individual companies to Pledge 1% of equity, profit, product, and/or employee time for their communities.
“The Pledge 1% movement along with our members are setting a new standard for successful companies of the future,” said Pledge 1% Chief Executive Amy Lesnick. “Increasingly giving back isn’t just the right thing to do, it’s also the smart thing to do, especially when it comes to attracting and retaining top talent. Pledge 1% empowers founders to integrate giving back and doing the right thing into the core culture and values of their companies and to leverage all of their assets (equity, product, technology, talent, voice, partner ecosystem) to be a force for good.”
Pledge 1% launched in December 2014 and is spearheaded by Salesforce, Atlassian, Rally and Tides. Already, over 5,000 companies in 100+ countries have taken the pledge. Pledge companies and individuals are in total control of their pledge being able to decide to support whatever causes and nonprofits they feel align with their interests. Pledge 1% is flexible and simply encourages companies to pledge any combination of product, equity, profit or time.
As companies grow and scale their programs they can add additional pledge types. There is, however, no requirement that companies commit to all of the categories and or commit a full 1%. The purpose of the movement is to acknowledge an organization’s commitment to giving back to the community, encourage organizations to increase their effort, and inspire others.
Companies, however, don’t have to go it alone. One of the main purposes of Pledge 1% is to empower and support companies in their journey. Pledge 1% provides free consultation with a Pledge 1% success manager to discuss your philanthropic goals and next steps. Additionally, members gain access to turnkey resources, opportunities for visibility, fun perks, and an esteemed community of like-minded leaders.
As Lesnick explains, “One of the most exciting aspects of Pledge 1% is its vibrant and dynamic member community. Members are co-creating and sharing new best practices, tools, and resources every day. They are “making it their own” while at the same time sharing peer to peer learnings and paving the way for other founders to progress from pledge to action. We are constantly inspired by the generosity and creativity of our members. It’s this type of leadership and innovation that is propelling Pledge 1%’s growth and helping us to collectively take the movement to a whole new level.”
As a mission-driven company, we knew we needed to commit to that mission. By taking the pledge we were able to not only pledge 1% of our revenue and product, but we were able to join a community of like-minded businesses working to make the world a better place. In addition, we now have access to resources we otherwise wouldn’t have to continue to strengthen and grow our social impact initiatives.
“I encourage other companies who want to make a positive impact in their communities and the world but don’t know where to start, to take the 1% pledge. Pledge 1% provides valuable resources and expertise to get you on the path to doing good. I can personally attest to the important role Pledge 1% has played in the development of our impact program,” said Broderick.
- Engage in interactive presentations with nonprofit leaders and Box experts.
- Network with peers from nonprofit and commercial sectors.
- Celebrate hard work and have some fun!