Frankfort Online

Start Up WishSprout Set to Disrupt the 19 Billion Dollar Wedding Gift Registry Market

 Breaking News
  • No posts were found

Start Up WishSprout Set to Disrupt the 19 Billion Dollar Wedding Gift Registry Market

September 28
07:44 2018

Perth, Australia – WishSprout, a new social-interactive wish list and gift registry sharing platform, is a newcomer bringing some fresh ideas to the industry. The platform offers users a way to creatively capture, curate and share their wish list and cash gift registry in a fun and engaging way with friends, family and guests.

Free to use, the WishSprout app is designed for weddings, honeymoons, baby showers, birthdays, housewarmings, or any type of lifestyle wish list. The main advantage of the new app is that users can accept cash gifts directly into their bank accounts from anywhere in the world.

WishSprout founder Edison Soh says that the cash registry app is already proving popular:

“Most couples nowadays much prefer cash gifts, which can be used for honeymoons or big purchases for the home, for example. WishSprout simplifies the entire process. Just share your wishes on the app, and get instant alerts with every support you receive. And it’s completely free – we don’t take a fee from the contributions you get!”

The gift registry industry is a 19 billion dollar market in the U.S. alone, and cash gift registries are becoming increasingly popular as couples state their preferences for cash gifts over more traditional gifts. In one survey conducted with wedding planners it was found that cash gifts average between $2,000 and $8,000, depending on the number of guests and the quality of the venue.

“When it comes to weddings, the old method of using a wishing well set-up at the reception was always awkward and not very safe,” adds Soh. “To use a cash registry over the internet makes perfect sense!”

There are numerous advantages to using WishSprout.  Couples can creatively add pictures and personal notes to represent things they want, which provides them with a subtle yet polite way to ask for cash. In addition, WishSprout has a space for couples to write their own requests for gifts, and it’s particularly useful for safely sending and receiving cash gifts from overseas guests. Social media tools are also available through the app, so that couples and guests can instantly like, comment, share, and alert.

Statistics show that the number of mobile social media users has increased 30% since last year, reaching 2.9 billion users worldwide in 2018. While there are already social media outlets for sharing news, trending topics, personal life moments, professional careers, DIY music videos, etc, the concept of social media for sharing wanted lists is relatively new.

“We are looking at taking advantage of the rise of social media to uniquely position ourselves as the go-to social media for gifts and wish list sharing space,” Soh concludes. “Our goal is to expand the market and build WishSprout into one centralized wish list organizer that is not only for gifts registry but also for users to share personal goals, shopping lists and bucket lists – for the fun of social networking with personal wish lists.”

Video Link: http://www.youtube.com/embed/j3Y1YjBLcyc

About the App

WishSprout is a social gifts and cash registry combined that can be used for weddings, honeymoons, showers, birthdays, and other special occasions. Free to use, the user can accept contributions from around the world.

For more information, visit the website at www.wishsprout.com.

The WishSprout app can be downloaded on Apple iTunes or Google Play.

Media Contact
Company Name: WishSprout
Contact Person: Edison Soh
Email: Send Email
Country: Australia
Website: www.wishsprout.com