CommentSold Launches Videeo, an Enterprise Live Video Commerce Solution

CommentSold, the leading commercial live selling platform that has generated $1.65B in lifetime GMV and shipped 94M products by enabling thousands of retail businesses to unlock sales growth through live selling, announced the launch of Videeo: a best-in-class white-label, live video commerce technology for enterprises. Videeo 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. This bolt-on live commerce solution will play a critical role in increasing brand loyalty and customer engagement, while driving increased repeat purchase rate and revenue growth. "As consumer expectations and shopping behaviors continue to evolve, it's proven that retailers that leverage live video commerce continue to experience major success" Research shows at least 47% of consumers want more live video content from the brands they support, and 67% of live stream event viewers become repeat purchasers. It's clear that live selling is gaining momentum: live commerce initiated sales could reach between 10 to 20 percent of e-commerce sales by 2026.