Refine Medium Partners with CORULS

Published in

RefineUpdate

3 min readOct 2, 2020

Influencer Marketing

According to the statistics, the influencer created videos have received a 55% retention rate on Facebook and 59 % retention rate on YouTube, and these are pretty good numbers. Also according to the Influencer Marketing Hub, for every single dollar the brands spend on the influencers, they gain an ROI of approximately $5.78. In fact, sponsored posts alone have been proven to yield 11x higher ROI as compared to standard banner ads.

Influencer collaborations are proven to make a huge difference to the approval ratings. And when the influences use the affiliate links and social media tags along with their posts they also provide a way of redirecting followers to the brand’s website and this increases website traffic and engagement.

Influencers are a great option for brands that do not have the budget of celebrity advertisements. This way brands can reach their sales targets, build trust, and expand their company. Influencers have a loyal and engaged fan base therefore people trust them. Influencer marketing has tremendous potential in terms of building trust and driving conversions. In many cases, the conversions obtained by influencer advertisements outperform what brands can get from celebrity advertisements. This is because influencers have a more personalized connection with their followers. About 70% of the millennials claim to be more influenced by the influencers as compared to celebrities. Influencers not only provide better conversions but also higher credibility and reach.

And this is what Refine Medium believes in. Along with this approach, the partnership of Coruls and Refine Medium will yield excellent results for both platforms.

Coruls E-commerce DeFi Marketplace

Coruls is a tokenized DeFi Marketplace to incentivize merchants, affiliates, and consumers. It aims to bring the most trending, innovative, and limited availability products on the marketplace straight from the sellers at a discounted price. The platform promotes sellers to attract more customers at a much cheaper cost than Amazon.

Corals also offers its customers Buy now, pay later option and Pay in EMI options. It supports various e-wallets including fiat and 6 other cryptocurrencies, collecting payments in any fiat currencies, BTC, ETH, USDT, CORL token & Plasma stable coin. Coruls promotes its sellers in various different ways to increase their brand visibility and sales.

Coruls has recently partnered with Refine Medium to drive more sales for its merchants via incentivized influencer marketing platform based on blockchain.

Refine Medium

Refine Medium is a decentralized media platform that renders authentic and high-quality video content. It is built upon the Ethereum technology and designed to enable viewers, creators, and innovators of the platform to connect via blockchain-based smart contracts. It is a unique platform that incentivizes each and every stakeholder for their contribution to the platform. Refine medium is one of the finest blockchain companies in the field of decentralized influencer marketing and the help merchants market their product at a much cheaper cost by incentivizing them with Refined Medium tokens.

How will the partnership work?

Now Coruls will integrate a blockchain-based influencer platform Refine Medium to drive more sales for its merchants. Coruls is a DeFi tokenize Marketplace where merchants from around the world list their products for sale. The platform markets the products for the sellers via affiliates, influencers, and internal teams. The consumers can then purchase products from the platform at much cheaper rates by availing product purchases via dollar $CORL token.

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