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.
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Pricing
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.
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 |
Dimensions summary
PowerBuy charges by commission on completed orders, plus separate usage-based ad charges. Three commission plans set both your rate and product catalog size: Basic covers up to 100 SKUs, Pro up to 5,000 SKUs, and Plus up to 50,000 SKUs. As your catalog grows across these plans, the commission rate steps down. Each plan starts with a 30-day free trial. Standalone commission dimensions let you pay per order without the trial or SKU framing. Two more dimensions bill per PowerBuy impression and per PowerBuy click, so you pay for ad exposure as it occurs.
Top-of-mind questions for buyers
A SKU is one distinct product listing you sync from your store to the platform. The Basic plan covers up to 100 SKUs, Pro up to 5,000, and Plus up to 50,000. Products sync automatically from your store, and each unique product variant counts toward your plan's limit.
Commission charges bill only when an order converts, so they scale with completed sales. Impression and click charges bill separately for ad exposure, accruing each time a PowerBuy is shown or clicked. Both charge types can appear together. Commission tracks your sales volume, while impression and click costs track promotional activity.
The commission rate steps down as catalog size increases across plans. Basic charges 5% and covers up to 100 SKUs. Pro charges 2% and covers up to 5,000 SKUs. Plus charges 1% and covers up to 50,000 SKUs. You move plans by choosing the tier that fits your catalog size.
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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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