Maven Xchange encouraged by early success!

Maven Exchange, Inc., which is a mobile and web, social shopping marketplace, released their first exciting growth metrics for the Maven Xchange.
By: Maven Xchange, Inc.
 
 
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Tags:
Social Network
Shopping
Earn

Industry:
Marketing

Location:
Glenview - Illinois - US

Subject:
Products

GLENVIEW, Ill. - Aug. 10, 2016 - PRLog -- Maven Exchange, Inc.  ("Maven" or the "Company"), which is a mobile and web, social shopping marketplace, released their first exciting growth metrics for the Maven Xchange.

Maven empowers people to earn money by recommending products and services to others. People who love to shop, can now monetize their skill in an easy, natural way. Designed to be fun and easy to use much like many popular social sites. Users create boards of products from "in-network" merchants. These boards can be shared via email, social networks such as Pinterest, Twitter, and Facebook, as well as posted on the Maven Xchange, which is the public site. When people click through and buy a product from the retailer, the product recommender earns a commission.

Launched in late July, Maven has already seen exciting results.

·         Active Engagement – Over 60% of registered users are active as defined by creating a board and adding products.

·         Strong Activity –Active users are creating an average of at least 3 boards each

·         Early Conversion – 33% of active users are earning with at least one transaction per month. Many are encountering multiple conversions.

·         Social Reach – 25% of visiting users share board and products to their social networks DAILY.

·         Visit Frequency - Active users are visiting several times a week with many visiting several times a day.

"We are encouraged by the early success!" said Jess Waldeck, Maven Founder and Chief Executive Officer.  "When launching a new platform, the risk is whether the general public will understand the value proposition, and be able to utilize the system with little or no education. Based on our early readings, users find our system extremely easy to use, are able to import favorite products and create innovative boards, share those boards with their network, and are earning!"

Available at https://www.mavenx.com.  The Maven network supports nearly 3,000 retailers today and pays up to 20% commission on select product referrals.

About Maven Exchange, Inc.

Maven is a mobile and web, social sharing application.  We serve passionate shoppers looking for an opportunity to earn while using their expertise to help others find great products.  Commissions are earned from successful conversions and are shared with the maven who authored the content that drove the sale.  The Company has operations in Seattle and Chicago visit at https://www.mavenx.com.. Clip. Share. Earn.

Contact
Jess Waldeck
***@mavenxinc.com
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Email:***@mavenxinc.com Email Verified
Tags:Social Network, Shopping, Earn
Industry:Marketing
Location:Glenview - Illinois - United States
Subject:Products
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