Once upon a time a group of designers became very much frustrated with the way stock files were searched and bought online. They had to spend hours searching for a particular file from one website to another one and even after hours of search when they finalized and bought a file they often discovered later that the same file was being sold on a different website for a much cheaper price. They decided to do something about it and their efforts resulted in what we now call Lootback.
Lootback basically has two main intentions: One is to help designers save time and the second one is to help designers save money.
Let’s see how they fulfill these two purposes.
Saving of time
Above is a screenshot of the search bar of Lootback. Now, Lootback has done partnerships with some big names in the stock industry. These names include but are not restricted to iStock, Shutterstock, Deposit Photos, and Thinkstock.
This search bar shown above uses something known as aggregate search. As the name itself suggests this tool allows you to search all the stock file websites from one place. This means that suppose I enter the keyword “Pen” in the search bar, Lootback will return me with search results related to pen from all those websites which are partnered with the company.
The screenshot below illustrates this point.
As you can see the search resulted in aggregated results from all the different websites. Then the user can click on a file and proceed for payout.
Saving of money
Lootback offers two methods to help you save money.
First of all when you select a file from the list of results displayed and click on it, you will receive a coupon code. You can use this coupon code to avail a discount on the listed price of the file.
Then you will have to pay this reduced price and you can begin using the file.
Then after you make the payment, Lootback will return you a percentage of the money as cash back which will be deposited in your PayPal account. Of course you need to be a registered Lootback user to avail this opportunity.
Let me explain with an example.
Suppose you buy 650 credits from iStock that will cost you $967. Lootback will then provide you with a 14% discount code which will reduce the price to $831. Then after you have made the payment, Lootback will send you 8% cash back which will reduce the total cost to $765. So all in all you have saved $201.
The reason why this is possible is that the stock websites give Lootback a commission when someone uses the Lootback website and makes a purchase on the stock sites. What Lootback does is that it breaks that commission with the customer and hence money is returned to him as cash back.
The site is worth checking out. Go and take a look, avail huge discounts and then let me know what you think in the comments below.