Fynd Releases Innovative E-Commerce Platform For Cannabis
SEATTLE, Nov. 8, 2018 /PRNewswire/ -- Fynd Inc., a leading multi-channel commerce platform for cannabis retailers, announced its official product release after operating with key early customers since Q2 2018.
Founded in 2017, Fynd makes the transition to online selling effortless for retailers looking to bolster their brand while unlocking the power of e-commerce. Fynd customers are able to quickly adapt their strategies to the pronounced shift towards digital shopping preferences.
Retailers using Fynd experience up to 60% of a store's total sales being placed digitally, and 80% of orders being placed from a mobile device. Fynd's customers achieve over two times the industry's average cart sizes, as well as an impressively high order completion rate of over 87%.
In an industry crowded with competing self-branded online marketplace companies, Fynd stands alone with its white labeled e-commerce platform, targeted at high-volume, enterprise retailers.
According to Fynd CEO and co-founder Nico Nezhat, "Over the past 18 months, the industry has become crowded with consumer-facing online marketplaces. We've taken a different approach, offering cannabis retailers a unique way to unlock the benefits of e-commerce without sacrificing their brand identity to someone else's business plan. Our customers strongly believe the middle-man strategy of marketplace offerings is a relic of a previous era. They're savvy about their brand identity and their digital marketing strategies. Customers come to Fynd when they're ready to scale - there's a distinct point when other offerings begin to fail them."
Fynd's innovative e-commerce platform empowers retailers to build branded online stores. The market-validated feature set enables them to customize every aspect of their inventory and ensures accurate product availability by syncing in real-time. Retailers can leverage a suite of custom sales tools that boost revenue and offer an online shopping experience that's streamlined, contemporary, and compelling for the end user.
Perhaps Fynd's most valuable feature is the multi-state catalog of pre-loaded product content. Fynd's patent pending technology automatically enhances retailers' inventory with product photography, descriptions, and educational information - all while offering them complete customization control. This powerful feature significantly shortens the amount of time it takes to get an online store that resonates with its customers up and running.
Fynd's vision for e-commerce is a proven winner for their initial target customers. The company currently works with clients and partners across the US with plans to expand into Canada before the end of this quarter.
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SOURCE Fynd Inc.
