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RewardStream Solutions says launch with WooCommerce opens 'massive' market

The boss of tech firm RewardStream Solutions Inc (CVE:REW) told Proactive that launching its 'Refer a Friend' platform on WooCommerce has opened up a massive online market for the group.
WooCommerce is the most popular e-Commerce platform on the web, and currently powers over 37% of all online stores around the world, totalling more than 1.5mln businesses, meaning its footprint is huge.
Chief executive Rob Goehring said: "Our mission now is to create more and more awareness within that store ownership base."
It means that RewardStream's tech will be integrated in to the platform so that friends can recommend brands to each other - a space becoming increasingly more powerful.
The Canada firm's clients are brands.
Goehring explains how "consumers are four time more likely to make a purchase when recommended by a friend".
"We really believe that bringing this sort of technology to the masses is very important," he added.
Using RewardStream’s automated system, e-Commerce store operators that are powered by WooCommerce for their shopping cart, can now install the RewardStream Refer-A-Friend plug-in within minutes and embed referral marketing capabilities across their store.

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TSX-V:REW
Market: TSX-V
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Shopify approval 'a key turning point' for RewardStream - CEO Rob Goehring

Rob Goehring, chief executive of RewardStream Solutions Inc (CVE:REW) discusses with Proactive their most recent milestone - receiving approval for its new referral marketing app on Shopify. Shopify is an e-commerce platform which powers 400,000 online stores, giving the group access to...

on 07/10/2017

2 min read