SOLD! is a live streaming platform that enables individuals and brands to conduct real-time sales events, facilitating instant transactions through various payment methods like Apple Pay and Google Pay. By leveraging live commerce, the app significantly enhances customer engagement and can increase sales by up to ten times compared to traditional methods.
Funding
$180K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional online sales methods often lack the engagement and immediacy of in-person shopping, leading to lower conversion rates and reduced customer interaction. Reaching new customers can be challenging and expensive, requiring significant investment in marketing and advertising to build brand awareness.
Solution
SOLD! is a live streaming platform designed to enhance online sales through real-time events, enabling businesses and individuals to conduct interactive sales broadcasts. The platform facilitates instant transactions via integrated payment methods, including Apple Pay, Google Pay, and BLIK, streamlining the purchasing process for customers. By leveraging live commerce, SOLD! aims to increase customer engagement and sales conversion rates compared to traditional e-commerce approaches. The platform also automates shipping processes, providing ready shipping labels immediately after a successful order placement.
Target Audience
The primary target audience includes individual sellers, brands, and online stores looking to enhance customer engagement and increase sales through live commerce, particularly those targeting millennials and Generation Z.
Features
- Live streaming capabilities for conducting real-time sales events
- Integrated payment processing with support for Apple Pay, Google Pay, and BLIK
- Automated shipping label generation for streamlined order fulfillment
- Interactive features to enhance customer engagement during live broadcasts
- Mobile application for conducting and participating in live sales events