8 POS Software Trends for 2022: New Forecasts and What's Next 2

Mrunmayee Honrao | July 12, 2022 | 477 views | Read Time : 01:56 min

8 POS Software article
When the pandemic first started, most retail stores had to close, and some even suffered financial losses. Know more how retailers up scaled their businesses.

Online shopping is quickly becoming the new norm in the wake of the COVID-19 pandemic. Most retailers had to migrate their businesses to the cloud in order to meet the current demands of highly tech-savvy consumers, and the use of POS software has become more important than ever. A cloud-hosted POS solution is no longer an option for small and large businesses, but rather a requirement.

POS systems have provided retailers with a more efficient way to track inventory and manage sales, replacing the old cash register and traditional methods of selling. As ecommerce grows, POS solutions play an important role in increasing convenience for online customers and providing a customer-centric experience.

To keep up with the latest POS system developments, there is a list of the most important POS software trends to watch for. By understanding current POS software adoption reports and key insights, you can maximize the potential of your existing POS solution or, better yet, have better ideas on financing trends by POS that can bring value to your retail business.

Consumers had to reorient their purchasing toward needs like food, medicine, and other home items as the viral pandemic threatened everyone's health and safety. The US Census Bureau recently released a report that found that throughout the pandemic, retail stores providing food and beverages saw the biggest monthly growth in retail sales.

To better understand how POS systems are assisting retailers in overcoming the challenges posed by the rapidly changing retail landscape, here’s a list of the most recent and important POS software trends :

  1. Cashless Transactions via Mobile POS Systems
  2.  Adoption of Cloud-Hosted POS Systems
  3.  Multichannel Commerce
  4.  Customer Layout Programs
  5.  Personalized Shopping Experience
  6.  AI Integration in POS Systems
  7.  Use of POS Data Analytics
  8. Simple POS Hardware

Investing in modern POS systems and maximizing their rich feature sets can help your retail business go a long way, from attracting new customers to retaining a loyal customer base that can drive sales and support your long-term growth.

Spotlight

Headrush India

Headrush was formed in 2008, and gradually went on to become one of India's most well known adventure sports brands - with adventure parks, projects and events conducted across India.

OTHER ARTICLES
POS SOLUTIONS

Cloud POS Solutions Reshaping Operations in the Retail Sector

Article | June 30, 2022

Until recently, most brick-and-mortar retail stores relied on local platforms to save their point-of-sale (POS) data, such as transaction records and product price lists. These include a variety of solutions, ranging from larger network servers to on-premises PCs or servers used by service providers. However, a large number of retailers are shifting their business operations to online platforms, with cloud POS emerging as a trailblazer in the transition. Retailers are heavily investing in the development of digital payments, contactless, and cashless transactions and have begun to implement innovative point of sale (POS) solutions to improve their bottom lines in the long run. Cloud POS Providers Responding to Transition Over the years, POS platforms, especially cloud-based POS, have evolved into robust platforms capable of integrating a wide range of retail operations, including data analytics, accounting, inventory, accounting, and marketing. This evolution of POS platforms from traditional to cloud-based has manifested itself in a variety of ways, ranging from increased inventory management efficiency to improved user experience, data security, disaster management, and increased profitability, positioning themselves solutions as an imperative retail tool, today. On account of the rising awareness regarding the merits of integrating cloud technology, approximately 52 percent of corporate firms have fully migrated to cloud POS solutions, with more than 40 percent planning to follow the same, as per a study. Citing the trend, cloud POS solutions are anticipated to exceed $9 billion by the end of 2026. Leading industry players are riposting to this transition in earnest by launching innovative products designed to address the need for advanced POS solutions across the retail sector. For instance, in 2022, Visa unveiled a new cloud-based payment platform, Visa Acceptance Cloud (VAC), which can transform almost every device into a cloud-connected payment terminal. The Future’s Story In this digital disruption era, enterprises are gearing up to invest in innovative technologies and enter the new software market. One of these is the cloud-based POS system, which has permitted retail stores to manage customer data and handle sales and inventory digitally. POS software has clearly benefited all business domains, but it has completely transformed the retail sector's facet, making it more progressive, tech-savvy, and customer-oriented.

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POS SOLUTIONS,CLOUD BASED POS

Impact of Cashless Transactions on Third-Party Payments

Article | July 14, 2022

In recent years, with the progression and development of information technology and the Internet, the third-party payment platform has experienced immense up-gradation. This has resulted in facilitating people's lives to a great extent and simplifying and transforming the method of payment. With the accelerated advancement in the era of the Internet and the significant rise in the scale of third-party payment transactions, in comparison to the conventional mode of payment, these solutions have substantially increased people's consumption power by not only making operations more convenient and reducing transaction costs, but also by safeguarding the rights and interests of both parties. Shift Towards Cashless Transactions Bolstering the Third Party Payments There is a rapid shift towards the use of cashless point-of-sale (POS) solutions, driven by the growing digitalization. According to a study, nearly 82 percent of the population in the U.S. are using digital or cashless payments—defined to include in-app or browser-based online purchases, QR codes, in-store checkout using a mobile phone, and person-to-person (P2P) payments. Citing the trend, about 27% of consumers and around 32% of business owners said they believe the U.S. will become a completely cashless society in the coming future. Third-party payment solutions add functionality to the cashless transactions and act as payment aggregators, providing freedom and flexibility to customers to select the solutions they find most favorable to meet their financial needs. Therefore, with increasing cashless transactions, third-party payment solutions will gain huge traction across the POS sector. What’s Next? With the improvement in the urbanization level, the continuous growth of the urban population, and the appeal of third-party payment solutions, it is crucial to tap into the spending potential of customers. Hence, leading POS solution providers are emphasizing on development and introduction of new third-party and mobile POS systems. For instance, Paynear Solutions Pvt. Ltd., a financial technology company, announced the launch of a third-party omnichannel cashless solution under an umbrella through a mobile PoS solution, enabling all the business owners signed up with Paynear to seamlessly accept UPI transactions.

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POS SOLUTIONS

Point-of-Sale Systems to Emerge as a Necessity for Modern Retailers

Article | March 23, 2022

Innovative POS systems with built-in advanced inventory management and secured payments to mandate their adoption by retailers. For businesses and retailers, conventional cash registers have long been an important part of sales operations during the past few years. But today, the cash registers of even the smallest of businesses are attached to a computer through "point-of-sale" (POS) systems. These novel solutions have garnered huge popularity over traditional cash registers as they not only ring up the sales but also provide crucial and real-time information about the customer and inventory. The importance of POS systems goes way beyond managing transactions at checkout counters across the retail industry. Emphasis on Improving Customer Experience Demands POS Adoption: With a growing fast-paced lifestyle, customers around the world are opting for faster, and more convenient shopping and billing experiences. Reassuring customers that their transactions are secure significantly increases satisfaction and customer loyalty. Since novel POS systems assist in providing faster checkout, flexibility in payment options, highly secured payments, and a seamless billing experience, these POS systems are extensively being adopted by modern retailers. According to a study, retailers across the U.S. lose nearly $45 billion, due to insufficient inventory in stock, and $224 billion, due to excess inventory. POS systems help in managing the inventory, resulting in declining losses by preventing excess or insufficient inventory. An estimate states that, an independent retailer with a $400,000 revenue can cut costs by nearly 10%, saving an average of $40,000 per year. What Comes Next? With technology getting better and new POS solutions like cloud-based, mobile, cashless payment, and others coming out, retailers are extensively installing POS solutions to make it easy for customers to pay. For instance, Veras Retail and ACCEO Solutions Inc., an American company specializing in all types of electronic payment transactions, announced plans to install their respective payment middleware solutions and point-of-sale software solutions in National Stores locations across Puerto Rico and the U.S. Hence, the growing focus on enhancing in-store customer experience and customer retention is mandating modern retailers to deploy POS solutions.

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POS RETAIL

Retail Industry Forecast for 2022

Article | July 8, 2022

While retail has faced its fair share of challenges over the last two years, the pandemic has also provided an opportunity for a long-overdue great retail reset, which could help many retailers move into a more stable—and profitable—position. To get there, you must balance short-term challenges with long-term commitments and transformational thinking. For nearly two years, predictions about the future of retail have appeared pessimistic, and retail headlines for 2022 don't look much better: empty store shelves, over one million unfilled retail jobs1, and surging inflation. However, these headwinds have resulted in some positive outcomes: retailers have been forced to re-examine legacy systems and strategies that have shaped the industry for years. To reap long-term and long-lasting benefits, retailers should continue down the remediation path they started at the start of the pandemic in 2022. Indeed, the next 12 months’ present opportunities to restructure obsolete supply chains, rightsize inventory management, review pricing, rebalance promotional cadences, and reinvent the physical store for the digital age. This will almost certainly necessitate entirely new ways of thinking and long-term commitments from retailers, but these efforts have the potential to forever change the way retailers do business. That future begins today by addressing short-term retail challenges with a long-term perspective. Three retail industry priorities and trends The resulting data, when combined with insights from 15 Deloitte retail subject-matter specialists, client work, and prior research, provides a snapshot of strategies and investment plans that help inform the industry's future. Reimagine the workforce Supply chain resiliency Digital revolution Retailers face significant challenges that will almost certainly outlast the pandemic, but there are also unexpected opportunities that can help them prepare for future disruptions. Retailers should embrace the current disruption and commit to a future pivot. To learn more, download our complete 2022 retail industry outlook.

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Spotlight

Headrush India

Headrush was formed in 2008, and gradually went on to become one of India's most well known adventure sports brands - with adventure parks, projects and events conducted across India.

Related News

ERP

Childers Oil Selects iRely for Its New ERP System

iRely, LLC | October 03, 2022

iRely, LLC, an innovative partner providing enterprise software for the energy and soft commodities industries, announces Childers Oil has selected iRely as their partner of choice for its Wholesale and ERP software solution.Childers Oil Company is a family operated business based out of Whitesburg, Kentucky. Founded in 1966, the company's roots are in providing bulk petroleum services to retail and industrial customers. Since their inception, they have become a major player in the Kentucky, West Virginia, and Tennessee markets, with a mission to provide innovative, first-class products and services to customers in the Southern Appalachian Region. During their Business Process Review (BPR), Childers Oil and iRely identified improvement opportunities and the right set of software modules for Childers' wholesale distribution business, co-creating a software and implementation program to fit their needs. Childers Oil was particularly interested in iRely's intuitive user interface, Power BI integration, and the cost savings tied to iRely's Intelligent Document Processing program. iRely's reporting capabilities and Power BI integration will help us see data that is relevant to our industry and company. This is really what gets our team excited," shared Lucas Trent, IT director at Childers Oil. "Knowing that iRely has a long-term ownership agreement was very important to us. We wanted a stable product from a stable, long-lasting company. "We are very excited to welcome Childers to our customer community, Using our cloud-based software can provide enormous benefits to Childers as they automate their accounting and are able to quickly consolidate financials and generate detailed reports on their business." Justin Houck, iRely Director of Sales. Childers Oil is one of several organizations recently added to the growing iRely customer base. About iRely: iRely's commitment to customer success has made the company a global leader in digital transformation, providing best-in-class software for commodity management, energy distribution, retail, grain operations, and agribusinesses. iRely has leveraged its deep industry experience to build lasting partnerships, delivering end-to-end enterprise resource planning (ERP) and commodity trading and risk management (CTRM) solutions to their global customer base.

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POS SOLUTIONS,POS HARDWARE

Uber Eats Creates Industry-First Point of Sale Integrations with Toast and Clover

uber | September 28, 2022

Today Uber Technologies, Inc. ( NYSE: UBER) announced an industry-first self sign up product that automates integrations with Toast and Clover. Through these enhanced integrations, which feature tighter connections between merchants' point of sale (POS) and online food delivery environments, US and Canadian restaurants can now sign up for Uber Eats directly through point of sale (POS) partner platforms with their integration configured for a faster and more effortless onboarding experience."At a time where merchants are faced with unprecedented staffing challenges, we heard loud and clear that we need to make it as easy as possible to unlock the growth that Uber Eats offers," said Roy Frenkiel, Director of Product Management at Uber. "That's why we've invested in making POS integrations easier than ever before, letting merchants sign up and get online in a fraction of the time. It's another step along our journey to help merchants grow their way with Uber Eats, keeping our merchants at the center of everything we build."The new integrations have simplified the onboarding process into just a few clicks, allowing hundreds of thousands of merchants to complete setup and POS configuration faster than before. "Whether a restaurant is focused on fine dining, quick service, takeout, delivery, or all of the above, Toast is built to support their growth and help streamline their operations, Through this partnership, Toast customers can easily manage Uber Eats orders alongside all other orders on a single screen instead of having someone manage separate delivery tablets and order entry. This saves the restaurant time and money, while allowing them to provide a better guest experience." Teddy Tsang, Vice President of Product Marketing at Toast Small business owners rely on Clover to help make running their businesses easier, and we are always looking for innovative ways to simplify their day-to-day," said Will Karczewski, COO of Clover. "Because streamlining delivery options is a pain point many restaurants are working to address, integrating Uber Eats with Clover is a true win-win for everyone creating back of house efficiency so restaurants can remain focused on delighting their guests. Uber's self-sign-up product integrations are now available via Clover in the US and Canada and via Toast in the US. About Uber Eats Uber Eats is an on-demand app and website that helps bring millions of people around the world the things they want, at the tap of a button. We partner with over 825,000 restaurants and merchants in more than 11,000 cities across six continents. From specialty local favorites to national brand names, groceries to household essentials and more, Uber Eats has what you want when you want it.

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POS SOLUTIONS,POS HARDWARE

CommentSold Launches Point of Sale Solution Built on Stripe Terminal, Featuring Real-Time Inventory Management, Fraud Protection, Extremely Low Fees

CommentSold | September 23, 2022

CommentSold, the leading live video commerce solution enabling retail businesses to unlock sales growth through live selling, today announced the launch of its point of sale (POS) system built on Stripe, a financial infrastructure platform for businesses. This addition to CommentSold’s suite of solutions for retailers gives them access to a unified solution for in-person and online purchasing, inventory management, and seamless shopper experiences.Stripe Terminal is an in-person payments solution for modern businesses that will power CommentSold’s POS system and help online merchants augment their live selling revenue. Retailers use the CommentSold platform to simplify and automate retail operations, and marry their in-person and online presence through interactive shopping experiences. “Live selling is the future of retail, and consumer demand for it is growing rapidly. As retailers manage both online and in-person sales, it is increasingly important to get omnichannel inventory and payment handling right,We are thrilled to launch a point of sale system that ties directly into a shop's e-commerce platform. Our point of sale offering brings much-needed simplicity to our merchants as in-person sales can now update online inventory in real-time." Brandon Kruse, CEO of CommentSold For many customers, there's nothing better than having that special touch that comes with an in-person purchase, said Roshan Sadanani, Product Manager at Stripe.Our collaboration with CommentSold unifies online payments and point-of-sale for businesses, helping them grow revenue across live streams, live sales, and everything in between. CommentSold’s digital platform already simplifies inventory and order management, payments, invoicing, labeling, packaging, and fulfillment processing for business owners and enables live selling on social media, mobile apps, and websites. With the addition of its POS system, CommentSold retailers will now be able to save time and labor with a fully integrated platform, simplify fulfillment with a single inventory management system for in-store and online purchases and reduce POS costs with free initial setup and terminal fees. CommentSold’s POS system was launched via a pilot program for select CommentSold customers in September 2021. Early adopters deemed it a significant asset to their business operations, giving them easy access to critical data while creating a cohesive sales experience for online and in-person shopping. When CommentSold piloted the POS system with us, it was life-changing for our entire staff,” said Kati Kemph, owner of Illinois-based boutique Kie & Kate Couture. It’s been a seamless experience for both our brick-and-mortar business and our website, as well as our backend operations. Since adopting the POS, we’ve had far fewer errors and inventory discrepancies, which has had a tremendous impact on our sales. Since Kie & Kate Couture launched with CommentSold POS in November 2021, ~60% of their GMV has been through the POS. By combining their brick-and-mortar with their online and social selling, Kie & Kate Couture has established an omnichannel sales strategy a critical factor in driving and maintaining sales growth in retail. With CommentSold’s POS system, CommentSold customers can look up detailed information in existing accounts, create new accounts, add products to carts, add coupons, accept cash and credit, send email receipts, and integrate with receipt printers and cash drawers all via their iPads. CommentSold will develop new features and functionality over the coming months based on ongoing feedback. CommentSold’s POS system is currently available to customers using CS Payments and includes benefits like one-click check-out, popular wallets like Apple Pay and Google Pay, local payment methods across most devices, and the CommentSold Dispute Protection service, which helps detect and prevent fraud. To celebrate the launch and enable retailers to develop their omnichannel infrastructure, all new and existing CommentSold customers will receive a waiver on credit card transaction fees on the POS system through 2023. About CommentSold CommentSold is the North American leader of live selling technology, with over 4,000 small to enterprise-sized retailers, more than 95M items sold and $2.8B+ in lifetime GMV. CommentSold’s technology continues to provide small businesses and enterprises with best-in-class solutions for delivering engaging live video commerce experiences, such as with their white-label live video commerce technology, Videeo, which gives enterprises the ability to deliver engaging, branded live video commerce experiences by easily integrating live selling into an online retailers' existing e-commerce stack. In 2021 alone, retailers working with CommentSold processed over $1.1B in GMV and shipped over 34M items. Clients use live video and shoppable video clips generated from live events to sell fashion, beauty, home goods, electronics and other items to over 16M registered users of the platform. CommentSold is led by entrepreneur Brandon Kruse and is based in Huntsville, Alabama

Read More

ERP

Childers Oil Selects iRely for Its New ERP System

iRely, LLC | October 03, 2022

iRely, LLC, an innovative partner providing enterprise software for the energy and soft commodities industries, announces Childers Oil has selected iRely as their partner of choice for its Wholesale and ERP software solution.Childers Oil Company is a family operated business based out of Whitesburg, Kentucky. Founded in 1966, the company's roots are in providing bulk petroleum services to retail and industrial customers. Since their inception, they have become a major player in the Kentucky, West Virginia, and Tennessee markets, with a mission to provide innovative, first-class products and services to customers in the Southern Appalachian Region. During their Business Process Review (BPR), Childers Oil and iRely identified improvement opportunities and the right set of software modules for Childers' wholesale distribution business, co-creating a software and implementation program to fit their needs. Childers Oil was particularly interested in iRely's intuitive user interface, Power BI integration, and the cost savings tied to iRely's Intelligent Document Processing program. iRely's reporting capabilities and Power BI integration will help us see data that is relevant to our industry and company. This is really what gets our team excited," shared Lucas Trent, IT director at Childers Oil. "Knowing that iRely has a long-term ownership agreement was very important to us. We wanted a stable product from a stable, long-lasting company. "We are very excited to welcome Childers to our customer community, Using our cloud-based software can provide enormous benefits to Childers as they automate their accounting and are able to quickly consolidate financials and generate detailed reports on their business." Justin Houck, iRely Director of Sales. Childers Oil is one of several organizations recently added to the growing iRely customer base. About iRely: iRely's commitment to customer success has made the company a global leader in digital transformation, providing best-in-class software for commodity management, energy distribution, retail, grain operations, and agribusinesses. iRely has leveraged its deep industry experience to build lasting partnerships, delivering end-to-end enterprise resource planning (ERP) and commodity trading and risk management (CTRM) solutions to their global customer base.

Read More

POS SOLUTIONS,POS HARDWARE

Uber Eats Creates Industry-First Point of Sale Integrations with Toast and Clover

uber | September 28, 2022

Today Uber Technologies, Inc. ( NYSE: UBER) announced an industry-first self sign up product that automates integrations with Toast and Clover. Through these enhanced integrations, which feature tighter connections between merchants' point of sale (POS) and online food delivery environments, US and Canadian restaurants can now sign up for Uber Eats directly through point of sale (POS) partner platforms with their integration configured for a faster and more effortless onboarding experience."At a time where merchants are faced with unprecedented staffing challenges, we heard loud and clear that we need to make it as easy as possible to unlock the growth that Uber Eats offers," said Roy Frenkiel, Director of Product Management at Uber. "That's why we've invested in making POS integrations easier than ever before, letting merchants sign up and get online in a fraction of the time. It's another step along our journey to help merchants grow their way with Uber Eats, keeping our merchants at the center of everything we build."The new integrations have simplified the onboarding process into just a few clicks, allowing hundreds of thousands of merchants to complete setup and POS configuration faster than before. "Whether a restaurant is focused on fine dining, quick service, takeout, delivery, or all of the above, Toast is built to support their growth and help streamline their operations, Through this partnership, Toast customers can easily manage Uber Eats orders alongside all other orders on a single screen instead of having someone manage separate delivery tablets and order entry. This saves the restaurant time and money, while allowing them to provide a better guest experience." Teddy Tsang, Vice President of Product Marketing at Toast Small business owners rely on Clover to help make running their businesses easier, and we are always looking for innovative ways to simplify their day-to-day," said Will Karczewski, COO of Clover. "Because streamlining delivery options is a pain point many restaurants are working to address, integrating Uber Eats with Clover is a true win-win for everyone creating back of house efficiency so restaurants can remain focused on delighting their guests. Uber's self-sign-up product integrations are now available via Clover in the US and Canada and via Toast in the US. About Uber Eats Uber Eats is an on-demand app and website that helps bring millions of people around the world the things they want, at the tap of a button. We partner with over 825,000 restaurants and merchants in more than 11,000 cities across six continents. From specialty local favorites to national brand names, groceries to household essentials and more, Uber Eats has what you want when you want it.

Read More

POS SOLUTIONS,POS HARDWARE

CommentSold Launches Point of Sale Solution Built on Stripe Terminal, Featuring Real-Time Inventory Management, Fraud Protection, Extremely Low Fees

CommentSold | September 23, 2022

CommentSold, the leading live video commerce solution enabling retail businesses to unlock sales growth through live selling, today announced the launch of its point of sale (POS) system built on Stripe, a financial infrastructure platform for businesses. This addition to CommentSold’s suite of solutions for retailers gives them access to a unified solution for in-person and online purchasing, inventory management, and seamless shopper experiences.Stripe Terminal is an in-person payments solution for modern businesses that will power CommentSold’s POS system and help online merchants augment their live selling revenue. Retailers use the CommentSold platform to simplify and automate retail operations, and marry their in-person and online presence through interactive shopping experiences. “Live selling is the future of retail, and consumer demand for it is growing rapidly. As retailers manage both online and in-person sales, it is increasingly important to get omnichannel inventory and payment handling right,We are thrilled to launch a point of sale system that ties directly into a shop's e-commerce platform. Our point of sale offering brings much-needed simplicity to our merchants as in-person sales can now update online inventory in real-time." Brandon Kruse, CEO of CommentSold For many customers, there's nothing better than having that special touch that comes with an in-person purchase, said Roshan Sadanani, Product Manager at Stripe.Our collaboration with CommentSold unifies online payments and point-of-sale for businesses, helping them grow revenue across live streams, live sales, and everything in between. CommentSold’s digital platform already simplifies inventory and order management, payments, invoicing, labeling, packaging, and fulfillment processing for business owners and enables live selling on social media, mobile apps, and websites. With the addition of its POS system, CommentSold retailers will now be able to save time and labor with a fully integrated platform, simplify fulfillment with a single inventory management system for in-store and online purchases and reduce POS costs with free initial setup and terminal fees. CommentSold’s POS system was launched via a pilot program for select CommentSold customers in September 2021. Early adopters deemed it a significant asset to their business operations, giving them easy access to critical data while creating a cohesive sales experience for online and in-person shopping. When CommentSold piloted the POS system with us, it was life-changing for our entire staff,” said Kati Kemph, owner of Illinois-based boutique Kie & Kate Couture. It’s been a seamless experience for both our brick-and-mortar business and our website, as well as our backend operations. Since adopting the POS, we’ve had far fewer errors and inventory discrepancies, which has had a tremendous impact on our sales. Since Kie & Kate Couture launched with CommentSold POS in November 2021, ~60% of their GMV has been through the POS. By combining their brick-and-mortar with their online and social selling, Kie & Kate Couture has established an omnichannel sales strategy a critical factor in driving and maintaining sales growth in retail. With CommentSold’s POS system, CommentSold customers can look up detailed information in existing accounts, create new accounts, add products to carts, add coupons, accept cash and credit, send email receipts, and integrate with receipt printers and cash drawers all via their iPads. CommentSold will develop new features and functionality over the coming months based on ongoing feedback. CommentSold’s POS system is currently available to customers using CS Payments and includes benefits like one-click check-out, popular wallets like Apple Pay and Google Pay, local payment methods across most devices, and the CommentSold Dispute Protection service, which helps detect and prevent fraud. To celebrate the launch and enable retailers to develop their omnichannel infrastructure, all new and existing CommentSold customers will receive a waiver on credit card transaction fees on the POS system through 2023. About CommentSold CommentSold is the North American leader of live selling technology, with over 4,000 small to enterprise-sized retailers, more than 95M items sold and $2.8B+ in lifetime GMV. CommentSold’s technology continues to provide small businesses and enterprises with best-in-class solutions for delivering engaging live video commerce experiences, such as with their white-label live video commerce technology, Videeo, which gives enterprises the ability to deliver engaging, branded live video commerce experiences by easily integrating live selling into an online retailers' existing e-commerce stack. In 2021 alone, retailers working with CommentSold processed over $1.1B in GMV and shipped over 34M items. Clients use live video and shoppable video clips generated from live events to sell fashion, beauty, home goods, electronics and other items to over 16M registered users of the platform. CommentSold is led by entrepreneur Brandon Kruse and is based in Huntsville, Alabama

Read More

Events