Soldsie is a sales platform that enables businesses to sell items through their Facebook page, by turning it into a virtual storefront. They can post pictures of products on the Timeline and fans can purchase by posting a comment that says “sold”.
Springwise reports that after businesses install the Soldsie app on their Facebook account, their fans need to register with the startup and fill out their info. Then they can buy items they see on the company’s page with just a simple comment.
The platform aggregates the ‘sold’ comments, displays them on the business’ dashboard, and lets the seller invoice the Facebook user through PayPal instantly with the click of a button. Payment statuses are updated in the dashboard so they know whether it is pending or has been paid and can ship the product out to the user.
Soldsie is offering a 14-day free trial, and only takes a cut of the sales when the business makes over $700 in monthly transactions. If they make between $700-$80,000, Soldsie takes a 3% cut.