Dynamic social shopping platform for brands, creators, and Gen Z consumers. AI-powered, inspiration-driven, and user-centric.
Current Status
We've completed product development and are now launching publicly. Our pre-launch marketing engaged ~20K prospects, with a 950% growth rate since Dec 2023.
Market
Customers in North America: 1. brands 2. creators 3. end users (shoppers).
Problem or Opportunity
Consumers are now grappling with a fragmented online shopping journey, often doing random Google searches, opening countless tabs, or constantly switching between multiple apps to ultimately complete a purchase. Meanwhile, brands and influencers face low and unpredictable conversion rates in the traditional e-commerce and social media model, losing up to 70% of potential sales.
In today's market, over 85% of Gen Z shoppers discover products primarily through trusted creator content and user-generated content (UGC). This demographic is shifting towards interactive shopping experiences that emphasize social engagement, moving beyond traditional transactional methods. Traditional retail is no longer their go-to for the latest trends; instead, Gen Z relies on content from trusted creators for product discovery.
Solution (product or service)
We offer Gen Z the most fun and rewarding shopping experience with our natural language AI search and unique commission model that empowers users to earn a 10% commission on each product sold via shared posts and videos, promoting content democratization and authentic recommendations.
Wyne users can discover a wide range of fashion and lifestyle products, create their own profiles, follow favorite influencers, discover trending looks, and directly shop the products showcased. Imagine a world where shopping doesn't just end with a transaction – it transforms into a streamlined and immersive journey where consumers can discover, shop, and earn, all within one dynamic and user-driven ecosystem.
Competitors
Flip, 21 Buttons, Bond, LTK
Advantages or differentiators
What sets Wyne apart is our deep understanding of the changing consumer behavior and the significant influence of social circles on purchasing decisions. While many competitors still rely on traditional affiliate marketing models and offer only transactional experiences, we recognize that consumers, especially Gen Z, are looking for more. They desire immersive shopping experiences, peer-to-peer recommendations, social sharing, and the chance to monetize their passion. Wyne's unique model aligns perfectly with these shifting consumer preferences and growing demands, making us a standout player in the social commerce market.
Finance
18% Direct Sales Commission from brands 8% Indirect Sales Commission from users/influencers Ads Revenue - CPC Keyword Bidding
