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September 14, 2011 01:42 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jA5sb_HWwQ0/
Rewardli Lets SMBs Leverage Their Social Graph To Get Discounts On Purchases
Over the past few years, millions of consumers have bought into the deal of the day and group buying craze. But what about small to medium sized businesses? There are 26 million SMBs (small to medium sized businesses) in the US, who spend an average of $180,000 per year on non-payroll expenses, for a market size of $3.9 trillion in transactions. These businesses need discounts on web hosting, office equipment, paper and more. Rewardli, which is launching today at TechCrunch Disrupt, fills that gap by allowing small businesses to leverage their social graph to form buying groups and save money on purchases they make already in their day-to-day activities. Basically, Rewardli features "always on" deals, where small business owners can visit the site's marketplace buy what they need, when they need it, and receive cash back on all purchases. Over 70 vendors have signed up to offer cash back rewards, including Staples, FedEx Office, Expedia, GoDaddy, Skype, Travelocity and more.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jA5sb_HWwQ0/
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