Spin

Spin

Unverified
End-to-end platform connecting brands and creators in retail’s most rapidly developing channel: live commerce. Learn more

Financials

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Revenues, earnings & profits over time
USD20212022
Revenues00000000
% growth-9 %
EBITDA00000000
Profit00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000
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DateInvestorsAmountRound
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Total Funding000k

Recent News about Spin

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Spin.live is a pioneering startup in the retail technology sector, focusing on live, interactive shopping experiences. The company leverages the power of social media influencers to create engaging, real-time video shopping events. This innovative approach allows consumers to see products in action, hear authentic stories from real people, and make purchases directly through the live stream.

Spin.live primarily serves two types of clients: influencers and merchants. Influencers, who are individuals with a significant social media following, can showcase their favorite products live, eliminating the need for multiple affiliate programs and extensive promotional posts. Merchants, on the other hand, benefit from a platform where they can display their products live without the constraints of social media algorithms or hefty advertising budgets.

Operating in the burgeoning market of live commerce, Spin.live reimagines the traditional shopping experience by integrating it with the dynamic nature of live video. This market is rapidly growing, particularly in the US, as consumers increasingly seek more interactive and personalized shopping experiences.

The business model of Spin.live is straightforward yet effective. Influencers are paid for their live sessions, creating a direct incentive for them to engage with the platform. Merchants pay to have their products featured in these live sessions, gaining exposure to a highly engaged audience. This dual revenue stream ensures that both influencers and merchants find value in the platform, driving its growth and sustainability.

In summary, Spin.live makes money by connecting influencers and merchants in a mutually beneficial ecosystem, where live, interactive shopping experiences drive consumer engagement and sales. The platform's unique approach to combining social media influence with real-time commerce positions it as a leader in the retail technology innovation space.

Keywords: live shopping, influencer marketing, video commerce, retail technology, interactive shopping, social media, real-time sales, US market, consumer engagement, startup.