Vanyoo Invest

About Vanyoo Invest

Vanyoo is a digital marketplace that connects buyers and sellers through live shopping events, allowing real-time interaction and transactions for new and second-hand products across various categories. The platform addresses the challenge of bridging the gap between traditional in-person shopping experiences and online retail by fostering community engagement and supporting local businesses.

```xml <problem> Traditional online shopping lacks the interactive and community aspects of in-person markets, making it difficult for buyers to engage with sellers and discover unique products. Existing e-commerce platforms often fail to adequately support local businesses and provide a dynamic, real-time shopping experience. </problem> <solution> Vanyoo is a digital marketplace that bridges the gap between online retail and in-person shopping by offering live shopping events where buyers and sellers can interact in real-time. The platform enables sellers to host live broadcasts and pre-existing videos to showcase their products, driving purchases through direct engagement and shoppable in-stream features. Vanyoo supports a wide range of product categories, including new and pre-owned items, art, clothing, and collectibles, fostering a community-driven shopping experience. The marketplace provides sellers with tools to create stores, list products for sale, rental, or auction, and access advertising services to enhance product visibility. </solution> <features> - Live shopping functionality with real-time interaction between buyers and sellers - Platform for buying, selling, renting, and auctioning new and pre-owned products - Seller tools for store creation, product listing, and advertising - Basic and Live Shopping subscription plans for sellers - Virtual Try-On Technology for clothing - Virtual store for advertising products in a 360 environment - Referral program that rewards users for referring sellers </features> <target_audience> Vanyoo targets individual consumers seeking unique and engaging shopping experiences, as well as local businesses and sellers looking to expand their online presence and connect with customers in real-time. </target_audience> <revenue_model> Vanyoo generates revenue through commission fees on sales, with the Basic Plan charging 2% and the Live Shopping Plan charging 12% commission per sale. </revenue_model> ```

What does Vanyoo Invest do?

Vanyoo is a digital marketplace that connects buyers and sellers through live shopping events, allowing real-time interaction and transactions for new and second-hand products across various categories. The platform addresses the challenge of bridging the gap between traditional in-person shopping experiences and online retail by fostering community engagement and supporting local businesses.

Where is Vanyoo Invest located?

Vanyoo Invest is based in Vancouver, Canada.

When was Vanyoo Invest founded?

Vanyoo Invest was founded in 2022.

Location
Vancouver, Canada
Founded
2022
Employees
4 employees
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Vanyoo Invest

Score: 22/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Vanyoo is a digital marketplace that connects buyers and sellers through live shopping events, allowing real-time interaction and transactions for new and second-hand products across various categories. The platform addresses the challenge of bridging the gap between traditional in-person shopping experiences and online retail by fostering community engagement and supporting local businesses.

vanyoo.com100+
Founded 2022 – Vancouver, Canada

Funding

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Team (<5)

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Company Description

Problem

Traditional online shopping lacks the interactive and community aspects of in-person markets, making it difficult for buyers to engage with sellers and discover unique products. Existing e-commerce platforms often fail to adequately support local businesses and provide a dynamic, real-time shopping experience.

Solution

Vanyoo is a digital marketplace that bridges the gap between online retail and in-person shopping by offering live shopping events where buyers and sellers can interact in real-time. The platform enables sellers to host live broadcasts and pre-existing videos to showcase their products, driving purchases through direct engagement and shoppable in-stream features. Vanyoo supports a wide range of product categories, including new and pre-owned items, art, clothing, and collectibles, fostering a community-driven shopping experience. The marketplace provides sellers with tools to create stores, list products for sale, rental, or auction, and access advertising services to enhance product visibility.

Features

Live shopping functionality with real-time interaction between buyers and sellers

Platform for buying, selling, renting, and auctioning new and pre-owned products

Seller tools for store creation, product listing, and advertising

Basic and Live Shopping subscription plans for sellers

Virtual Try-On Technology for clothing

Virtual store for advertising products in a 360 environment

Referral program that rewards users for referring sellers

Target Audience

Vanyoo targets individual consumers seeking unique and engaging shopping experiences, as well as local businesses and sellers looking to expand their online presence and connect with customers in real-time.

Revenue Model

Vanyoo generates revenue through commission fees on sales, with the Basic Plan charging 2% and the Live Shopping Plan charging 12% commission per sale.