Woketype is a Social Market Platform powered by the people, for the people.
All good social market networks bring together buyers, sellers, and a new type of Internet citizen: the Coseller. While a seller or vendor sells products and services, and fulfills orders placed by buyers, it is the Cosellers who refer buyers to sellers in exchange for a share of the profits. Indeed, the key distinguishing characteristic of a social market network is that most of the available commissions are paid out to Cosellers.
How does Woketype work?
Woketype is powered by the Shoptype Social Commerce Cloud. All members join for free, and unlock a free e-wallet. This wallet automatically pays members when they are involved in the economy – when their activity leads to any profit on the platform.
This social profit sharing occurs any time the natural activity of the market occurs, that is to say whenever a buy/sell transaction takes place. Read on for more.
Selling on Woketype
As a member of Woketype, you can connect your business to the platform. Using your Shoptype account, simply plug in your Shopify or WooCommerce store with a fairly simple 1-click process. Contact us to get onboarded.
Coselling on Woketype
As all members of Woketype activate their free e-wallet, they are immediately able to participate in the economy. As a Coseller, a member automatically receives a portion of profits made on the platform based on their own activity.
For instance, a member performs the natural act of sharing links and helping spread the word about Woketype. Some of the people who come in become members also, and eventually transact. The platform automatically makes payouts from all profits generated through such sales in a completely transparent manner. For instance, if 30% is available as Network Fee on a particular item, a member may earn all of it or may split it with (say) 2-3 others if the buyer was influenced by multiple Woketype members.
After all, no one buys anything the first time they see it shared on their social feed, but now Woketype makes payouts even when a member was not the only one in the chain of purchase. Woketype enables Actual Social Commerce where community members can work together to drive value and get paid for all their effort by sharing upside together.
Money is deposited seamlessly into member wallets, and funds can be withdrawn by connecting to banks in the normal way.
Referrals on Woketype
Members can earn through Coselling, which is to say by sharing Woketype on their own social networks. Cosellers have no upper limit as to how much they may earn, and they can withdraw 95% of all their earnings. The other 5% goes to the human being that empowered them to earn that amount by introducing them into Woketype.
For instance, if a member ends up driving $4,750 into their e-wallet, they actually drove $5,000 of which they passed on $250 to their referrer into Woketype. In this manner, members can empower others with the opportunity to become a Coseller on Woketype, in order that they earn unlimited amounts from which they keep 95% of their upside, while passing on 5% to their referrer.
Thus, Woketype is built on a 1:1 Human Chain of Empowerment. We gave this transparent and equitable form of business a name, we call it Spiritual Commerce.
