Software Alternatives, Accelerators & Startups

Drop VS OptiMonk

Compare Drop VS OptiMonk and see what are their differences

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Drop logo Drop

Join the free rewards app with over 5 million members that lets you earn points by shopping at 500+ brands, investing in crypto, playing games and more.

OptiMonk logo OptiMonk

OptiMonk is the most powerful Onsite Retargeting platform, that helps you increase the conversion rate of your site, and get more leads by recovering lost visitors.
  • Drop Landing page
    Landing page //
    2023-05-20
  • OptiMonk Landing page
    Landing page //
    2023-10-11

Drop

Pricing URL
-
Release Date
2015 January
Startup details
Country
Canada
State
Ontario
City
Toronto
Founder(s)
Akhil Gupta
Employees
50 - 99

Drop features and specs

  • Easy to Use
    The Drop platform has a user-friendly interface that makes it easy for users to navigate, link their accounts, and start earning points without a steep learning curve.
  • Variety of Retail Partners
    Drop partners with a wide range of retail brands, allowing users to earn points on various everyday purchases, which increases the chances of accumulating points faster.
  • Automatic Earning
    Once users link their debit or credit cards to the Drop app, points are automatically earned on qualifying purchases, which eliminates the need for manually selecting offers or uploading receipts.
  • Reward Redemption Options
    Drop offers a variety of reward redemption options, including gift cards to popular retailers, providing flexibility in how users can utilize the points they've earned.
  • No Cost to Join
    Joining the Drop platform is free, which makes it an accessible option for anyone looking to earn rewards from their regular shopping habits.

Possible disadvantages of Drop

  • Limited Point Value
    The conversion rate of Drop points can vary, and some users may find that the value per point isn't as high as expected or compared to other rewards programs.
  • Privacy Concerns
    Linking credit or debit cards to the Drop platform raises potential privacy concerns as it requires sharing transaction data with the app.
  • Reward Delays
    There may be delays in receiving points or rewards, which can be frustrating for users looking for immediate gratification or who are accustomed to quicker rewards systems.
  • Limited to Canada and USA
    The Drop app services are limited primarily to Canada and the United States, which restricts accessibility for international users.
  • Potential Account Linkage Issues
    Some users report difficulties in linking their bank accounts or experience occasional disconnections, which can hinder the earning of points.

OptiMonk features and specs

  • Advanced Targeting
    OptiMonk offers advanced targeting options, allowing users to show personalized messages based on visitor behavior, traffic sources, and demographics.
  • Customizable Templates
    The platform provides a wide range of customizable templates that enable users to create visually appealing pop-ups and messages without requiring design skills.
  • A/B Testing
    OptiMonk includes built-in A/B testing tools that allow users to test different messages and designs to determine which is most effective in driving conversions.
  • Analytics and Reporting
    Users receive detailed analytics and reporting features that help track the performance of their campaigns, enabling data-driven decisions.
  • Easy Integration
    OptiMonk can be easily integrated with numerous e-commerce platforms, CRM systems, and email marketing tools, making it flexible and versatile for various business needs.
  • Exit-Intent Technology
    The platform leverages exit-intent technology to capture the attention of visitors who are about to leave the site, potentially reducing bounce rates and increasing conversions.
  • Customer Support
    OptiMonk provides robust customer support through various channels, including live chat, email, and a comprehensive knowledge base.

Possible disadvantages of OptiMonk

  • Pricing
    The pricing of OptiMonk can be relatively high for small businesses or startups, especially when looking at comprehensive plans with all features included.
  • Learning Curve
    While powerful, some users may find the platform overwhelming at first due to its extensive feature set and customization capabilities, requiring time to learn and use effectively.
  • Limited Free Plan
    The free plan offered by OptiMonk is somewhat limited in features and capabilities, which can restrict the ability of users to fully test the platform before committing financially.
  • Popup Fatigue
    Excessive use of pop-ups and overlays can potentially lead to user annoyance and popup fatigue, negatively impacting the overall user experience if not balanced correctly.
  • Mobile Optimization
    Although OptiMonk offers mobile-optimized options, some users have reported that mobile-specific customization and responsiveness could be improved.
  • Integration Limitations
    While integration capabilities are broad, some niche or lesser-known tools and platforms may not be supported, possibly requiring manual workflows.
  • Template Customization
    Advanced customization of templates may require some level of coding knowledge, which can be a limitation for those not familiar with HTML/CSS.

Analysis of OptiMonk

Overall verdict

  • OptiMonk is generally considered a good tool for businesses looking to enhance their website's conversion rates and engage more effectively with their audience.

Why this product is good

  • OptiMonk offers a wide range of features including exit-intent popups, advanced targeting options, integration with major marketing platforms, and a user-friendly interface. These features help businesses to capture visitor information, reduce cart abandonment, and improve overall customer engagement. The platform's ability to tailor messages and offers based on visitor behavior can lead to more personalized and effective marketing strategies.

Recommended for

  • E-commerce websites aiming to reduce cart abandonment
  • Marketing teams looking to implement targeted campaigns
  • Small and medium-sized businesses seeking enhanced website conversions
  • Companies wanting to improve user engagement through personalized content

Drop videos

The Drop - Movie Review

More videos:

  • Review - Drop App Review - Will It Help You Save Some Money?
  • Review - Drop App Review 2020: Is the Drop Cashback App Legit or a Scam?

OptiMonk videos

OptiMonk Demonstration Video

More videos:

Category Popularity

0-100% (relative to Drop and OptiMonk)
Marketing Automation
100 100%
0% 0
Popups
0 0%
100% 100
Social Media Marketing
100 100%
0% 0
Conversion Optimization
0 0%
100% 100

User comments

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What are some alternatives?

When comparing Drop and OptiMonk, you can also consider the following products

Inro Social - Your Instagram co-pilot for DM Marketing

OptinMonster - OptinMonster helps to convert abandoning website visitors into subscribers and customers.

Buyr - Name your price on thousands of new products from leading brands.

POPUPSMART - A no-code tool to increase e-commerce sales, build email lists and engage with your visitors in just 5-minutes.

ManyChat - ManyChat lets you create a Facebook Messenger bot for marketing, sales and support.

Poptin - Create engaging and high converting website pop ups and contact forms in minutes. With Poptin, you get access to a feature-packed conversion rate optimization toolkit that converts more website visitors into email subscribers, leads, and customers.