shopa is a social technology company that enables risk-free word of mouth sales growth for independent businesses who sell products and services online.
Customers of online retailers using shopa’s ‘share & earn’ tool can receive cash incentives for recommending products. Customers can easily share products they like with friends and if any of them buy, they both share an instant cash reward. shopa’s retail partner’s benefit from a network of personal recommendations.
The shopa team, led by Peter Janes, has built the clever technology with limited resources and they have already caught the attention of major companies as well as angel investors who invested in the business in August.
But shopa is not just about the product; there is heavy emphasis on monetising data. The team has access to valuable behavioural data, which will further help clients to understand the behaviour of customers through the use of powerful analytics.
The business has recently been granted a patent in the US as well as a global technical partnership with eBay and its companies PayPal and Magento to continue their progress.