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Posted On: 05/02/2024 5:48:20 PM
Post# of 32993
Re: Poseidon360 #31957
#1 GMV is the key. From that, you can figure out some of the other except for revenue from subscriptions and service. Example, I don't know what Market.Live is charging those stores if anything at the beginning, but 550 stores x $1000 a year would be $550,000 of revenue. Usually at the beginning you don't charge, but who knows.
One that I should have added is understanding Market.LIVE's financial model. What cost what and what percentage of what does Market.LIVE get.
Example: TIkTok shop is raising its fees to 8%. How does Market.LIVE fees work in conjunction?
CommentSold LTD GMV is $4.2B+ although those sneaky bastards don't tell you it's lifetime to date.
But CommentSold business model is different than Market.LIVE. A lot different. They don't have a broad 'marketplace' AND you HAVE to use their website. They complete more with Shopify if anything and do a poor job in my opinion which is why they are losing customers right and left.
https://try.commentsold.com/get-started/pricing/
CommentSold Launches Videeo™, a Shopify Live Selling App Powered by North America’s Leading Live Video Commerce Technology Platform - 29 August 2023
https://sg.finance.yahoo.com/news/commentsold...00353.html
How many stores they have, who knows?
To plug their other hole in the boat, they bought Popshoplive to give them a marketplace
Popshoplive Joins Forces with CommentSold to Debut the First End-to-End Creator Commerce Platform - Aug. 22, 2023
https://try.commentsold.com/press-room/popsho...-platform/
You can bet this is a hodgepodge offering of mixed technology with overlapping features that is confusing, not just for their existing customers, but potentially any new customer.
One that I should have added is understanding Market.LIVE's financial model. What cost what and what percentage of what does Market.LIVE get.
Example: TIkTok shop is raising its fees to 8%. How does Market.LIVE fees work in conjunction?
CommentSold LTD GMV is $4.2B+ although those sneaky bastards don't tell you it's lifetime to date.
Quote:
CommentSold, a G2-ranked North American live-selling technology leader, empowers 7,000+ small to mid-sized retailers to sell everywhere. With 170 million+ items sold and $4.2B+ GMV, our technology delivers best-in-class solutions for engaging live video commerce across all sales channels.
But CommentSold business model is different than Market.LIVE. A lot different. They don't have a broad 'marketplace' AND you HAVE to use their website. They complete more with Shopify if anything and do a poor job in my opinion which is why they are losing customers right and left.
Quote:To plug this hole in their sinking ship, they have a product called Videeo
PLEASE NOTE: Please select this plan ONLY IF you are ready to transfer your Shopify (or other website) into CommentSold platform. If you want to operate on Shopify, please select Videeo, which is integrated with Shopify but the same CommentSold technology.
https://try.commentsold.com/get-started/pricing/
CommentSold Launches Videeo™, a Shopify Live Selling App Powered by North America’s Leading Live Video Commerce Technology Platform - 29 August 2023
https://sg.finance.yahoo.com/news/commentsold...00353.html
How many stores they have, who knows?
To plug their other hole in the boat, they bought Popshoplive to give them a marketplace
Popshoplive Joins Forces with CommentSold to Debut the First End-to-End Creator Commerce Platform - Aug. 22, 2023
https://try.commentsold.com/press-room/popsho...-platform/
You can bet this is a hodgepodge offering of mixed technology with overlapping features that is confusing, not just for their existing customers, but potentially any new customer.
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