News & Press
Read all the latest social shopping news from the leaders in the space. Keep up with our latest product updates, team and business announcements plus industry updates. We are the authority on social shopping. If it’s real, you’ll read it here first.
For the first time, both Cyber Monday and Black Friday saw a dip in online consumer spending since Adobe Analytics first started reporting ecommerce sales in 2012. Still, despite the individual holiday lows, online shopping for the season has hit a new milestone, signifying that consumers are spending more, across a lengthier period.
Dynamic Focus Group Platform Allows Online Merchants to See What Shoppers Think before Purchases are Completed and Respond in the MomentAs traditional shopping increasingly wanes, retailers are ramping up investment in shoppable ads. From livestreams and Google Shopping to Checkout on Facebook, Instagram and WhatsApp and Product Pins on Pinterest, these shoppable forms enable consumers to go from discovery to purchase in seconds, leading to greater profits. Ahead, executives from AcuityAds, Joyned, Wunderkind and Clinch share the trends that brands should keep ahead of as retail strategies evolve to favor shoppable media.
Like the best innovations, Joyned, a white label shopping service, was inspired by the need for a solution that didn’t exist at the time. “Joyned was created four years ago when I was engaged to my wife,” said CEO Jonathan Abraham. “I had a wedding to schedule, and I was so happy, but this euphoria turned into a never-ending list of chores.”
Joyned, formerly known as Gamitee, announced Wednesday that it raised $4 million in seed funding to continue developing its e-commerce platform that puts merchants in the driver’s seat of social engagement.
Online platform for social shopping Joyned has today announced that it has raised $4 million in Seed financing to help eCommerce sites break away from tech giants Facebook, Instagram, and LinkedIn when conducting their online shopping. The round, led by Yair Goldfinger, Arthur Stark, and Rafi Ashkenazi, is designed to redirect the retailer’s online social activity from traditional social media networks - such as Facebook Marketplace and Instagram Shops - to their home website or its dedicated eCommerce site.