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    PowerBuy - Group Buying & Social Commerce

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    Sold by: PowerBuy 
    PowerBuy allows Merchants to leverage their existing customers to drive conversions and reduce customer acquisition costs through social sharing & shopping

    Overview

    U.S. Pat. No. 10,929,873 was issued on 02/23/2021 by the U.S. Patent and Trademark Office for the Power Buy System.

    PowerBuy is the leading social commerce as a service company in the US.

    Our PowerBuy concept combines the concept of social sharing and social shopping to not only drive awareness and traffic to a Merchant store but also provides a clear path to conversion.

    Fueled by artificial intelligence and automation features, PowerBuy is highly customizable and easy to utilize. When using PowerBuy, shoppers are able to get a lower price for a product by sharing their purchase with their social networks.

    Through PowerBuy, one shopper can socially share their deal, which can lead to multiple purchases or group buys all stemming from that single shopper. In return, Merchants are able to leverage their community to help market their products and services. PowerBuy enables Merchants to save on SEM and PPC, all while increasing their brand awareness.

    Highlights

    • Increase Your Conversion Rate - Group buying via PowerBuy turns your shoppers into micro-influencers and encourages them to share your products within their social network.
    • Reduce Spend - When shoppers share your products via PowerBuy, it reduces marketing spend and helps drive free organic traffic to your store
    • The Power of PowerBuy - With PowerBuy, our Merchants have achieved 8% CR vs 1% with BuyNow, 38% Cart Abandonment vs 75% with Buy Now & less than 0.05% Fraud Rate.

    Details

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    Delivery method

    Deployed on AWS

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    Features and programs

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    Pricing

    PowerBuy - Group Buying & Social Commerce

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    Pricing is based on actual usage, with charges varying according to how much you consume. Subscriptions have no end date and may be canceled any time.
    Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator  to estimate your infrastructure costs.

    Usage costs (8)

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    Dimension
    Cost/unit
    30 day free trial/ 5% Commission from conversions/ up to 100 SKUs
    $0.00
    30 day free trial/ 2% Commission from conversions/ Up to 5000 SKUs
    $50.00
    30 day free trial/ 1% Commission from conversions/ Up to 50000 SKUs
    $500.00
    Cost for each PowerBuy Impression
    $0.002
    Cost for each PowerBuy Click
    $0.006
    5% Commission Rate for each order (Basic Plan)
    $0.05
    2% Commission Rate for each order (Pro Plan)
    $0.02
    1% Commission Rate for each order (Plus Plan)
    $0.01

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    Usage information

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    Delivery details

    Software as a Service (SaaS)

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    Our Award Winning PowerBuy Support Team is here to provide free installation via email, call and chat. powerbuy@powerbuy.app 

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