Stage: Revenue generating
Number of employees: 16-30
Short URL: vator.co/social-annex
Director, Social Annex
Social Annex helps eCommerce sites monetize Social Media. Our platform allows eCommerce sites to engage and convert its socially influential visitors and drive additional referral sales from their friends/followers.
We work with several top 500 Internet Retailers today and customers see conversion improvement by 7 times over baseline.
Social Annex has built the most comprehensive and customizable Social Platform for eCommerce sites.
We have solutions around Social Sharing, Social Merchandising, Social Engagement and Social Analytics all geared towards eCommerce. These tools help socialize the eCommerce experience improving conversion for existing visitors and driving trusted recommendations for friends and followers.
The team comprises of eCommerce experts and engineers.
Social Annex offers its social platform currently on a SaaS based licensing model where online retailers pay a setup/customization fee and a monthly fee based on their site traffic.
Future revenue stream could include revenue share on incremental revenue generated.