SyncFu is a SaaS-based social commerce platform that enables e-commerce sites to offer promotions to their customers.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Netanya
State: HaMerkaz
Zip:
Country: Israel
SyncFu is Software as a Service (SaaS) Social Commerce platform, which provides eCommerce sites with a solution to create, manage, distribute and track Group Buying promotions. Offering a new level of autonomy and opportunity, SyncFu lets sites convert more visitors into shoppers, acquire new customers and increase loyalty among their user base. What does SyncFu actually do? Previous offerings provided customers with online promotions that could be redeemed offline. With SyncFu, eCommerce sites can offer their customers promotions based on the Group Buying method, bringing for the first time a group buying experience to pure play eCommerce sites. The Platform is comprised of three main components: The Management Interface where the merchant creates manages and tracks their activity. The merchants are in full control and can decide when, what and where to promote and the level of discount to offer. The Widget for promoting and distributing the Group Buy or Daily Deal. SyncFu adds a “Social†layer to the eCommerce site, enabling every visitor to become a site marketer, sharing great deals with their friends via Facebook, Twitter, Email, SMS and third party sites. Marketing and distribution via social networks, affiliates, and f-commerce. The widget is versatile enough to be a standalone dynamic widget that can be embedded in any site or as a Facebook page. In addition, SyncFu will syndicate all merchant promotions via daily deal aggregators and via its own destination site and the Facebook marketplace. Key Benefits: Group Buying promotions can now be redeemed on e-commerce sites Cost-effective Group Buying -- the merchant can control the discount rates. Merchants can offer “on demand†multiple daily deals where they are able to set the tipping point and discount rate and maintain higher margins Reduce cost per acquisition marketing expenses and increase loyalty by allowing the customer to promote the offering to their friends Enable the sales of excesses inventory Provide the merchant with valuable user data. Enhanced user experience by creating a fun and engaging offering
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