businesses to sell directly to their customers in real-time through live video streams. It caught my attention big time! I immediately immersed myself and read every article and watched every video I could find and became truly fascinated watching these live shows - even though I didn’t speak or understand their language, ha. I just couldn’t stop watching and studying this live selling thing. It was a game-changer for me, and I couldn’t believe not a single company offered anything like it in the U.S.
It was right then that I had the biggest epiphany of my entrepreneurial career. As business owners in America, and all across the world really, we had been conditioned to think that 1-2% conversion rates are good, and that 3% is great. Wow! Think about that for a minute, because in reality, that’s horrible! You spend all this time and hard-earned money to get 1 - 3 people to buy from you out of every 100 that visit your site! Just like you, we didn’t know any better because that’s all that had been offered to us and so, we just accepted it and moved on. I’m here to tell you right now, 1-3% is NOT OK, it is not even remotely good, and you shouldn’t accept it! We’re seeing up to 20% - 30% conversion rates, longer customer lifetime value, higher cart order sizes, and true relationships being built with our customers using live commerce. I tell you what live commerce is in just a minute.
Ok, moving on with our story… One afternoon following a UNC Tarheels football game, I told Peyton about this new online sales channel. He was hooked immediately. He also saw the crazy value it would bring to every type of business, influencer, and non-profit who used it, and how it would absolutely change their life forever. We agreed to work together and bring this idea to life. Just a few days later I told John about it, and with pure excitement he was on board, too.
There was no turning back. We were certain this would change the face of online commerce forever and so, with total immersion, we built the first-of-its-kind platform delivering what we call live commerce, to the U.S. and abroad.
SoldLyve was born and has become the new and totally different way for businesses to sell online. Twelve amazing, dedicated team members have worked tirelessly for many, many, months to bring this to life.
We’re excited for the world to adopt live commerce into their business! We believe God brought us together at this exact moment to deliver major value to you and what you do. We have been called to serve and this is our way of doing that. We are here for you and are so excited for the value SoldLyve offers, allowing you to take your business to levels you never experienced before or even thought possible!
-Xan Spencer, Co-Founder & CEO