New Payvent Tool Drives Sale in First 3 Days

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August 4, 2011
By the ZippyCart Content Team

Payvment, Facebook’s #1 ecommerce solution, announced some exciting news today.  According to the company sellers using its free storefront see their first sale come less than three days after they launch. Many sellers’ ears must have pricked up after hearing the news. Payvment already has close to 600,000 active monthly users. The company attributes the quicktime to its social promotion and discovery features that enable sellers to attract new shoppers to their storefronts within and beyond their fanbase.

Currently Payvent has around 60,000 active storefronts that are using the ecommerce solution.  The good news is that their retailer roster is growing by 400 new stores each day. This makes Payvment the largest and fastest growing Facebook ecommerce solution currently available.

The unique thing about the company is that they are continually introducing new functions that enable sellers to quickly promote their products.  Their newest invention is the the single-click “Promote” button that lets sellers easily share new products and deals with their fan base.  Since the launch of their Promote feature Payvment has seen a miraculous 900% increase in products and deals shared each day. The ecommerce solution also integrates conversation into the shopping experience experience allowing shoppers to interact directly with sellers and other shoppers.

Earlier this year, Payvment launched Shopping Mall on Facebook, which offers more than two million searchable products and gives sellers the opportunity to be discovered by the 750 million Facebook users.  In the Mall, consumers discover thousands of unique and interesting products.

Social commerce is more than just selling on Facebook or adding a ‘Like’ button to your products,” said Christian Taylor, co-founder and CEO of Payvment.”Payvment is true social commerce because we are focused on social promotion and discovery. We don’t just put your catalog on Facebook and hope your existing fans like it or buy it. We analyze and use social data to ensure products are being discovered by new customers. As a result, our sellers are seeing immediate transactions and are adding more products to grow their storefront. In fact, a new product gets added to a Payvment store every six seconds.”