What is PowerBuy?

Need to move your inventory faster? Let your shoppers compete for discounts and drive more orders and higher conversion with PowerBuy. Don’t get caught with excess inventory ever again.

Challenge

eCommerce brands are always needing more sales. Even worse, they have inventory on hand, and that inventory is just sitting there not earning you money. If you're not constantly moving your inventory, then you're losing money.

Solution

PowerBuy has patented a lifesaving app for eCommerce brands that allows them to set up a scalable marketing campaign that enables their shoppers to compete for discounts.

With PowerBuy, eCommerce brands can achieve results such as:

1. 8% conversion rate on avg, with some being as high as 23%
2. Larger cart sizes. With our proprietary Artificial Intelligence/Machine Learning technology, PowerBuy personalizes and promotes products that are relevant to the shopper, which leads to more purchases.
3. Huge increase in sharing, which converts into free impressions, plus gives the brand insight into the shopper's intent
4. Fraud rate is reduced to less than 0.05%, thus saving the brand more money

How it works

With PowerBuy, you can announce a marketing campaign to your shoppers that states:

"If X items are bought today, then everyone who buys get a Y discount."

What's even better, is brands can build multi-tiered discounts to challenge their shoppers to buy even more.

Here's what brands need to do: 1) Download PowerBuy 2) Enable it on all their SKUs 3) Choose a minimum quantity. Most brands choose 110%, 125%, and 150% of their avg amount of items sold. This helps them drive more sales and keeps them in control. 4) Choose the discount associated with each quantity tier. 5) Let your shoppers know via social media, email, and a display on your website.

Remember, no shoppers will receive a discount until the minimum quantity is met. You're only giving a discount to those shoppers if they buy enough items for the day. When you incentivize your shoppers to bring in other shoppers you get the same results as facebook or instagram ads without the costs. Stop paying for ads that charge you for clicks with no guaranteed order.

You should be able to have PowerBuy Checkout live on your site within 30 minutes. Need help along the way? Then feel free to contact us at [email protected].

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.

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