
Ravox
Ravox is a social and Mobile commerce platform connecting merchants with new buyers. We enable social media users to monetize their networks..
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Seed | ||
Total Funding | 000k |
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Ravox operates in the social commerce sector, providing innovative solutions for businesses to monetize their social media presence. The company offers a Facebook app that allows businesses to set up online storefronts on Facebook for free, making it easy for them to showcase and sell their products directly on the platform. Additionally, Ravox features a marketplace where products from various Ravox stores are displayed in real-time based on current trends, helping users discover brands and products effortlessly. The company also offers a social affiliate program, enabling individuals with a significant following on Facebook to earn commissions by promoting products from other businesses. Ravox primarily serves small to medium-sized enterprises looking to expand their reach and sales through social media channels. The business model revolves around providing tools and platforms that facilitate social selling, earning revenue through commissions and possibly subscription fees for premium services. By leveraging the power of social networks, Ravox helps businesses tap into the vast potential of social commerce, where users are more likely to hear about products from friends rather than brands.
Keywords: social commerce, Facebook storefronts, affiliate marketing, real-time trends, social selling, small businesses, social media monetization, online sales, social discovery, innovative solutions.