Saved by Sam Blumenthal
Swaypay: Not Boring Investment Memo
Because ecommerce is such a big market, there have been many attempts to do pieces of what Swaypay is going. There are platforms and agencies like Tribe that match influencers with brands, and there’s a growing number of alternative payments solutions that offer customers a different way to pay at checkout. No one currently does both, and that... See more
Packy McCormick • Swaypay: Not Boring Investment Memo
Retailers respond to Swaypay because by offering discounts in exchange for social sharing, they can increase conversion at checkout, acquire new shoppers while generating margin on the first sale, and drive stickiness by working with shoppers. The shopper wins, the retailer wins, Google and Facebook lose (a little). Currently, Swaypay works w... See more
Packy McCormick • Swaypay: Not Boring Investment Memo
Swaypay wants retailers to pay you instead of paying Google, Facebook, and Amazon. Its mission is to bring financial empowerment back to retailers and shoppers alike by rerouting the billions of advertisement dollars back into shoppers' pockets as savings directly at the point of sale.
Packy McCormick • Swaypay: Not Boring Investment Memo
Far too often, the money that companies spend on digital marketing is just lit on fire. All the companies are competing for all of the same shoppers using higher bids as their only advantage. Swaypay flips that on its head. It amplifies an existing behavior - people telling friends about the things they bought - and rewards shoppers for doing... See more