Rakuten is a cash back Chrome extension that gives you a percentage back on your online purchases. Put simply, when you activate their extension while you’re shopping on some online retailers, Rakuten receives a commission from the retailer for "referring" you. Rakuten then shares that commission with you via cashback. For example, if you have a $200 order with 5% cashback, you're earning $10 for simply clicking a button.
Cashback for websites vary from 1-10% and they have rotating special promotions called “Triple Cash Back Stores” that usually run on weekends. Not only does Rakuten give cashback on purchases, they now also offer cashback via gift card purchases with their Rakuten Giftcard Shop and they can then be used online or in-store. They have a huge variety of gift cards for travel and restaurants, so it’s great to use in your personal life, and also in your business that you purchase large quantities of items for.
Rakuten is a free Chrome extension! To sign up simply go to the Rakuten website, if you use my link you'll receive a $30 welcome bonus after you make a qualifying purchase of $30 or more within 90 days of signing up your account. After creating your account, easily download the Chrome extension from the Chrome web store. Once you've created an account, you can start earning cash back. Part of setting up your account will be deciding how you'd like to receive your quarterly "Big Fat Check." Whether you'd like to send your earnings directly to your PayPal, a real check be sent to your home, or you can choose to donate your change to a partnered non-profit.
If you're already online shopping or sourcing for your Amazon business, you might as well be rewarded for it– with a click of a button, you can add an extra percentage to your profit! I've also found some great items from stores not in my usual rotation that I've only sourced because they were featured Triple Cash Back stores for the day. When I feel like I'm in a sourcing rut, I'll scroll through the hot deals on Rakuten and make a conscious effort to source a website I haven't sourced before or haven't sourced for a long time. With gift cards when I'm shopping online, I purchase the exact amount I need to be delivered by email which I appreciate so I don’t have a collection of gift cards with only a couple of dollars on them. I'll also purchase gift cards for stores I source for in-store. And finally, you're also able to link the card you'll be using to qualify for cash back on in-store purchases.
In general, you should use Rakuten for all your online shopping. It's especially useful for arbitrage though because it's money you're already spending for profit! It will also help you diversify your sourcing. I've earned over $300 in the last couple of months by simply incorporating Rakuten into my business. I wish I had known about it sooner in my Amazon journey! Rakuten is definitely worth it.
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